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Holiday Shopping Win a Holiday Makeover Looking for the perfect Holiday meal Same old TV shows Taking my ties home Looking forward to the weekend What a week! Living Well in Bakersfield The Best and the Brightest The American Dream September 07 October 07 November 07 December 07 January 08 February 08 March 08 April 08 May 08 June 08 July 08 August 08 September 08 October 08 November 08
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My wife and I bought our first home together in the spring of 2007. At the time, we knew we would have to sell before we could buy and the downturn in the market was a bit of a concern. We were faced with the idea that if we didn’t sell and move at that time, the value of our current home would drop and we would never be able to get into our new home. We made the move at the right time that worked for us and we are glad we did. One year later, I look through the Saturday Homes section of The Bakersfield Californian and see that the prices of homes are much lower and much more inviting. I remember, however, that if we had waited, we would have never sold our home for what we needed. We would have been stuck. I learned that timing is everything. We made our purchase at the time that was right for us. Although the value has dropped in the year we have owned our home, it is of no concern because we have no plans to sell. This is our home. This is the place where my children will grow and enjoy time with their family. The current real estate climate is much different than it was a year or two back. We read and watch news every day that warns us to stay away from local real estate. But there is a hidden story, one that is not being told. Ask any real estate agent and they will tell you there is more to this trend than what we see in the headlines. Bakersfield Life gathered five professionals from the local real estate industry to talk about the state of the market. What we heard was not a bias toward their industry, but facts and figures that show local real estate is still moving. We wanted to hear what was going on in Bakersfi eld and these professionals held nothing back.
Finally, on a lighter note, we are getting ready for camp. On page 20 you’ll find great information about many of our local summer camps and what they offer. It’s a great opportunity to decide where your kids are going this summer.
Chris Thompson Managing Editor Bakersfield Life magazine “Bakersfield’s Premier City Magazine” A product of The Bakersfield Californian 661-395-7492 cthompson@bakersfield.com |