Tag Archives: Real Estate

Philosophy Meets Real Estate in Sacramento CA and Beyond

While this post has everything to do with, and is focused on the details of the real estate market, the economy, investing, buying and selling property, my little neighborhood in Curtis Park, Sacramento, sometimes I can get a little philosophical.  What is the meaning of life?  What is the purpose of my life?  How do the situations and the context which I find myself shape life?  Are there forces at work bigger than the indexes?  Is this depressed economy doing something in our culture and country that may actually be positive?

I mused the other day over the thought that storms and hard times in my life have been the things that has been pivotal or a “rescue” of sorts for my life.  Let me give you an example.

When I hit the ripe age of 31, I started having chronic back pain.  This was the same time as we had our first child.  I have painful memories of not being able to carry my newborn son very far in the Baby Bjorn (front carrier), due to back pain.  My wife just thought I was trying to get out of carrying the baby 🙂  I tried a lot of quick fixes like a hot pad, muscle relaxing creams, simple stretching, and more.  I continued to not be very active and I lost sleep due to the discomfort.  As a result, I made a determination that I had to seek physical therapy and strengthen my core muscles, or I may go through the rest of my life with a dull, (kind of) bearable back pain.  I could not deal with the idea that I would not be able to carry, let alone wrestle with my sons as they got older.  As a result, I buckled down, swallowed my pride and got help.  I now stretch daily, am aware of my posture, wear orthotics, work out 4-5 days a week (focusing on core muscles) and am in the best shape of my life.  Oh yeah, there are nightly wrestling matches with my boys, now 4 and 6 years old.  I can sleep soundly and walk/run long distances without pain.  This pain-in-the-back changed my life for the better.

Whether it be a health situation, a tragedy of some sort, or a financial crisis, the “storms” in life will reveal in us who we really are and what lies at the core of our being.  I wonder, is this housing storm revealing what our nation is really about?  While it’s tragic for many (including myself), is there something underneath it all that is good?  Is there a corrective measure that we need as a country that will be of great benefit in the long-run?

I read an article lately about “The return to frugality” – how saving money is back in vogue.  Trends show that people are staying home and finding inexpensive ways to be entertained.  Maybe couples are conversing more and experiencing greater intimacy?  Maybe families are doing things like going on bike rides together, or spending a day at the park with a picnic lunch?  Maybe people are reading more?  Maybe consumption is down (I know that is not helping our economy in the traditional ways)?  Maybe people are shopping more locally?  Maybe people are saving resources by not driving as much, or using as much power?  I’ve heard that micro farming is becoming a big thing for some families, or at least there is rise in growing your own produce.  Maybe neighbors are talking more and sharing ideas and bonding over a shared plight?   Maybe people are looking after their physical health more?  I notice the gym is packed on Fridays with “furlough Fridays” in effect for state workers,.

I got to thinking a little deeper…. Usually I try to escape storms and run away from them – this is the rational thing to do, right?  However, if I am constantly trying to escape the thing that could radically change my life for the better, maybe I should attempt to look at storms a bit differently?  Do I just continue to put “Icy Hot” on my dull back  pain, or am I going to embrace the trauma and enter into a larger, positive, more life-impacting shift?

Your deep thoughts?


Keith Klassen – Real Estate Broker


Have we hit bottom in the Sacramento CA housing Market?

This is a question I get asked frequently and one that I hear attempting to be answered.  “Have we hit the bottom of the housing market?  At times I have fallen prey to the common thinking that says, “How much worse can it get?  The market has dropped ____%, how much more can it go down?”  Then the conclusion… “We must be at the bottom.”  Anyone with their head in the game has thought/asked this.

However, after just doing a little research you will find that there are key economic forces in play that have to change (unemployment for one) before “the bottom” is reached AND our economy comes out of the recession in which we find ourselves.  Forecasters have been calling the bottom for the last 2 years or longer.  So have we hit bottom yet?

For an excellent read on some of these economic factors, check out this article, The Orwellian Recovery.  The author succinctly states,  “I don’t see how housing prices can recover at the same time inventories, mortgage rates, and unemployment rise.”

A colleague an I were discussing this topic over coffee today… what’s going to happen when the government backs off the stimulus and interest rates rise?

It’s a complicated and highly opinionated topic, what are your thoughts?


Keith Klassen – Real Estate Broker


Midtown, Sacramento Warehouse for Sale – Only for someone with vision

1709 18th St., Sacramento CA 91811


To be blunt, this warehouse is a hovel – a shell of a building that needs someone that can work some magic.

Currently grungy and dreary   

With Your Vision, Dreams and Creativity….



Keith Klassen – Real Estate Broker



Faded Lady – The Guild in Oak Park, CA

The Guild Theater in Oak Park sends my thoughts back to a different era.  Oak Park has a fascinating history, that enjoyed a time of boom.  I love this building, the sign, and the brick work, yet I’ve not had the chance to go inside.

A friend of mine said that he when to a community gathering there about 6 or 7 years ago and water was leaking in from the ceiling.  Since then I believe that it has been restored.  I bet it was a wonderful place in it’s hay day, and still could be!

Old Soul Coffee house just moved in around the corner… signs of revitalization to come?


Keith Klassen – Real Estate Broker


Potential New Housing Development in Alkali Flats (Midtown, Sacramento CA)

I love seeing new development that fills in blighted areas, increases sustainability, and fit in with the area.  The plan includes mixed use development to include commercial, affordable housing (town homes), and parking. This would be wonderful to see in the Alkali Flats/Mansion Flats area upgraded and fulfill its potential.  Supposedly there has been attempted development on these lots a hand full of times over the last 18 years.  Read the details


Keith Klassen – Real Estate Broker


Another Front Door – Sacramento Children’s Home in Curtis Park, Sacrametno CA

I driven by this institution for years and always admired the architecture, but never really knew much about it.  The Sacramento Children’s Home has actually been serving the community since 1867!    What was going on in this neighborhood at that time (see the Curtis Park history post)?


Keith Klassen – Real Estate Broker


Serial Killer’s Home for Sale – Midtown, Sacramento

There is already a lot of attention on this one!  I’ll just give it a little more.  The house at 1426 F St. is now bank owned and on the market.  This would be one creepy listing to take on.

When I first moved to Midtown, Sacramento (Boulevard Park) in the early 2000’s I heard the stories of Dorthea Puente – especially because I had some friends that lived on the same block.  As the story goes, in the late 1980’s, Dorthea, an older woman in her late 50’s, ran a boarding house with other elderly folks living there as borders.  The live-ins did not have family or others that cared for them … the perfect situation for Dorthea to poison them and continue to collect their social security checks.  Over time she got caught and the police dug up seven bodies in the backyard!  Supposedly the neighbors had complained about a continued stench coming from her property over the years.  And finally the social workers got suspicious when their clients began to disappear. Dorthea is in currently in prison  – serving a life sentence for murder.  For a fuller story, check out this recent article or this one for more details – or just search Dorthea Puente.

As disclosure laws go, one has to be up front with the history of a property, especially when it is as notorious as this one.  And it would be hard to hide this one in the backyard.  It’s interesting to note that the yard has been paved over – sort of like, let’s seal in whatever might lie beneath the surface.

Would you buy a home where a serial killer resided?

Is it going to sit on the market?  Or sell quickly?


Keith Klassen – Real Estate Broker


Home Buyer Tax Credit – How do you get it?

This is a big question that all my new home buyers are asking once we close.  Here’s a great article outlining how to obtain your tax credit once you close.


Keith Klassen – Real Estate Broker


Sacramento River Front Development in the Near Future?

recent article in the Bee by Bob Shallot indicates that new homes are scheduled to be built in the industrial area where Broadway and I-5 meet.  One thousand homes are planned to be built.  The first 200 will be built on seven acres over the next 3-4 years.

Sacramento is growing and changing!  It’s exciting to be on the front end of real estate in these days.  Send me a note if you want to discuss or pitch in your 2 cents on the real estate market and climate.


Keith Klassen


Fantastic Fair Oaks, CA Home for Sale

Motivated Seller.

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· 4 Bd/2.5 Baths

· 2,079 Sq. ft.

· Newer Carpet

· Hardwood Floors

· 2 Car Garage

· Remodel Bathroom

· 2 Fireplaces

· Swimming Pool!

True True (“““`M!P` (“““““` 7 True True 3981450 1581150 True True True 0 (“““#G`P` (“““““` True True True 0 (“$“`#G`P` (“““““` True True 0 (`@““(““ (“““““` 3 289 290 291 True True 0 (`@““$““ (“““““` 2 268 288

Offered at


True True (“““”/`P` (“““““` 6 1 5600700 685800 Text Box: Offered at $399,900<!–[if gte vml 1]> True True 3 (“““““` (“““““` 5 5600700 857250 <![endif]–>

7460 Walnut Road.

Fair Oaks, CA 95628

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Welcome to the home and neighborhood of your dreams.  This     property stands out from all the others… Remodeled and upgraded, and well cared for.  Newer carpet and paint; lush landscape; two year old roof; and perfect pool.  Just move in and enjoy!

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Direct: 916.669.9030

fax: 916.978.0999

For Sale

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