Quote:
Originally Posted by ramonesfreak
your propert tax assessment will soon be bonkers
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and some of the people like the school unions are pushing to eliminate prop 13.
Not crazy at all with low interest and uncertain market forecast. People are trying to shelter their money.
I sold the house up my street for 670k about 6-7 years ago. I put over 100 into into and double my overall investment (It had serious hillside foundation issues). It got exchanged hands twice within that time. Every time it bought and sold, the owner made 200k plus. Not its up for sale again for 1.3 mil.
OP, these things only happens in big crowded cities. Not sure its if good that its spilled over into Roseville? Home owners love it beczuse it raises their valve of their home but but buyers will have to look further into the sticks. Start buying em' toward Tahoe. Eventually they will be more zeros added to them.