Tim Collom's (timcollom) Blog

So where is the bottom? Within the last 2 years the cycle has changed yet again. Its not the first time and it won't be the last. All the economic indicators pointed to a changing market even without the sub-prime crisis. Real estate cycles last anywhere from 8-11 years. The last cycle lasted fro...

(n) Opportunity- a chance for advancement, progress or profit; a favorable circumstance   As many people keep proclaiming that the sky is falling and insist on always focusing on the negative. In East Sacramento, Sierra Oaks, Land Park, and Curis Park we are averaging more sales than there were l...

                                                                                 Row 15 , Seat C   There I was at LAX boarding my connecting flight from Hawaii to Sacramento.  I sat  in row 15, seat C, next to a 17 year-old named Max and his 14 year-old brother Alex. Immediately whipping out my l...

Buyers want the most for their money! I could never blame that for doing what most all of us do. In this market we are finding out more than ever that buyers are not focused on one home. I have found that many buyers are constantly looking  for the best deals out there. Even if they have walked i...

  1. Do you see property within a 48 hours of hitting the market? How many times a day to you monitor the MLS? 2.What is your most successful resource when marketing a home that no one else does? 3.Why should I hire you? 4. What is your experience in the business and what is your philosophy on ho...

As real estate cycles change it seems that the very talented agents survive because they are doing what they have always done. Worked The Basics Consistently. Successful agents are highly active and highly visible. Open houses, knocking on doors, hosting charity events, and teaching seminars are ...

Buyers-and Sellers-Beware: Online Home Price Research has Limited Value by Stephanie Riley   Grim headlines have left many homeowners feeling like the bottom is falling out of the housing market. While the foreclosure numbers are indeed a sad reality in many areas, home values remain steady in ol...

                                                     For the Moms     Thankyou......   For taking me to soccer, baseball, tennis, swimming, basketball, karate, football practice for years even though I threw a fit every time. Picking up the countless wrappers and soda cans littered all over the h...

So when is the bottom of the market? Don't we all wish we had a crystal ball. A key indicator of a changing market is when we start to see multiple offer situations and great investment opportunities. The lower priced homes are starting to see multiple offers again, especially with the bank owned...

You are probably reading this and thinking I am crazy. Properties that are priced below market value are generating Multiple offers. Yes, most of them are bank owned and or short sale properties. However, many buyers express frustration with being bid out by the higher bidder in todays market. He...