Myrl Jeffcoat’s Real Estate News
THE REAL ESTATE
NEWSLETTER FOR TODAY’S HOMEOWNER
Dueling Real
Estate Trends
By: Myrl Jeffcoat - November 7th 2007
Great West GMAC
Real Estate professionals are sometimes asked by clients to answer
questions regarding what is trendy in housing.
Or they will ask, “Are we going big, or moving smaller?”
In a recent quest
to track information on real estate statistics and trends, Sami Siddiqui,
broker for Great West GMAC Real Estate noticed contradiction among the
pundits of “what’s hot – what’s not” in the real estate
marketplace.
One pundit seems to
imply the Mc Mansion is very much alive and doing well. And predicts homes built in the future will taut a bathroom
for every bedroom, massive kitchens, and a tremendous amount of square
feet. The article had
been written fairly recent, but it was also noted the opinion was from a
builder of large luxury homes.
However, Sami
Siddiqui also spoke to the aging Baby Boomer population, who no longer
had need for a large home, and what was felt as an over abundance of
square feet, requiring more energy to heat and cool.
(continued on next column) -
Another delightful
idea came presented by Jay Shafer.
Shafer, the Sebastopol-based creator of
Tumbleweed Tiny House Co., who lives in an adorable but tiny 100
square foot house, in the middle of a Sebastopol
apple orchard.
That’s the
incredibly efficient usage of exceedingly little square feet often found
in a small bedroom of some single family homes, which can be placed on
land in a place of your dreams – the forest, the mountains, etc.
Here’s the link:
http://www.tumbleweedhouses.com
The two universal
laws, which define trends in real estate style and size, continue to be
the ruled by need - large family vs. first time buyer or a retirement
couple looking to downsize. And
of course, what is affordable to buyers.
However, there is
one universal truth to all the real estate pundit’s articles. Energy
efficiency, no matter the size of the home, is essential.
And, the one bath home with the single car garage, can often be a
hard sell, even to some who are buying a first home, or downsizing for
retirement. And for certain
– if you are still hanging onto that green shag carpeting and large
flowered wallpaper from the 1960s, and are trying to sell your home, you
probably ought to ditch it!
(continued on next column) -
~*~*~*~*~
If
you are currently considering selling or marketing a home, please feel
free to call or contact me. I can provide a free, no-obligation
Comparative Market Analysis of your property. . .Or if you are thinking
of buying a home, I would be pleased to be given the opportunity to sit
and explore with you the opportunities that await homebuyers at the
present time.
Service is always
a priority
Myrl Jeffcoat
Local Realtor since 1981
Phone: 916.635.0420
Sacramento - El Dorado
- Placer Counties
License#
00827565