Dale Rodgers, 31, said he left the rat race of Manhattan and moved to Sacramento to pursue a career as an artist. He’s renting a home in Oak Park but hopes to buy a place there. However, he has been beat out by cash-ready investors. “(Sellers) are more apt to go with someone who can write a check for $80,000,” he said. “At that price range, they (house deals) disappear.”
Dale Rodgers, 31, said he left the rat race of Manhattan and moved to Sacramento to pursue a career as an artist. He’s renting a home in Oak Park but hopes to buy a place there. However, he has been beat out by cash-ready investors. “(Sellers) are more apt to go with someone who can write a check for $80,000,” he said. “At that price range, they (house deals) disappear.” Randall Benton rbenton@sacbee.com
Dale Rodgers, 31, said he left the rat race of Manhattan and moved to Sacramento to pursue a career as an artist. He’s renting a home in Oak Park but hopes to buy a place there. However, he has been beat out by cash-ready investors. “(Sellers) are more apt to go with someone who can write a check for $80,000,” he said. “At that price range, they (house deals) disappear.” Randall Benton rbenton@sacbee.com

Business & Real Estate

Sacramento-area millennials are putting off homeownership

January 03, 2015 4:34 PM

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