For Sale by Owner - Sacramento
Sacramento is the capital of the State of California. With strong growth, you can find plenty of homes for sale by owner in Sacramento.
For Sale by Owner - Sacramento
Sacramento is a booming city. Long considered the little brother of the large cities of San Diego, Los Angeles and San Francisco, Sacramento is exploding. The primary reason for the massive growth is the migration of people from the more expensive, larger cities with San Francisco being the most prominent.
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Homes for sale by owner in Sacramento run $250,000 on average. While not cheap, this average cost is much more affordable than the big three cities in California. The same home in San Francisco would run you in the $900,000 range, while $600,000 would cover it in San Diego and Los Angeles. Given the huge price difference, it is no wonder Sacramento is growing in leaps and bounds.
When a real estate market is hot, homes for sale by owner are plentiful. There is simply no reason to pay realtor commissions when homes are flying off the market. Sacramento is such a place, as evidenced by the fact appreciation rates last year were over 28 percent. Take a moment to thing about that. 28 percent in a single year!
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You can save tons of money buying and selling homes for sale by owner in Sacramento. Assume a home is sold for $250,000. The six percent realtor commission would be $15,000. That's a lot of money to pay a realtor in a market where homes sell fast anyway.
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