Produced by Melissa Crowley
It was love at first
KVIE producer Melissa
Crowley and her husband Brian May found their dream home. At just under
$200,000 the price was right -- but they soon learned first-hand that
finding a home was easy. Making the sale was much harder...
In this case, Crowley
struck out: nine calls too late to get one of six homes released that
night. So it's back in the car for another day of hunting...more driving.
According to the
Gregory Group, the capitol region's median home sales price is a record
$279,990 -- up more than 20% from last year. To meet needs, there are
more planned communities and more development further outside the larger
But the current
demand and building boom has fueled concern about loss of open space.
According to a state-wide survey, 76% of the Valley residents polled
believe there should be boundaries to restrict development. And new
building styles where homes are built on less land are sometimes criticized.
Melissa learned that a 17-foot yard may be the trade off to get the
size and price home she wanted. Realtors say better prices can be found
on older homes, but competition is no less intense.
Market experts say,
"Don't give up. Keep looking. And don't look for listings in the
paper; by then, they may be sold." To stay ahead, realtors say
to get pre-qualified, know what you can spend, and carry a letter to
prove it. Melissa and her husband did. They also left a deposit at their
first choice. Months later it paid off: when a Bay Area couple cancelled,
Brian and Melissa were told to be there by 5 o'clock -- and the lot
But many others
still face frustration. Some
are persistant -- and lucky -- enough to see the search pay off. Like
Melissa and Brian, they learn that in a day, things can change.