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October 11, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.


Market Conditions Summary for Sacramento, California


Reported by

Bradley Townsend
as of 10/8/2008:
While the media continues to paint a gloomy picture for the housing market, leading economists predict existing homes sales could start to show a sustained increase within a few months. In our market, the recovery process has already begun... MORE->

Reported by

Marty Hackworth
as of 9/15/2008:
Sales Statistics for SACRAMENTO County CA Realist's most recent recording date for this county is 09/08/2008 Single Family Residence Time Period --- Number of Sales --- Median Sale Price Jul 2008 ---------- 2,206... MORE->
About Marty Hackworth

Reported by

Ted Diehl
as of 9/8/2008:
While watching one of the financial news shows this morning(9/8/08) on TV, one of the "Talking Heads" was discussing the effect of the government take-over of Freddie and Fannie on the financial markets. Mortgage rates are coming down and at at... MORE->

Reported by

Dan McFarland
as of 9/7/2008:
Good news for the first time homebuyer -- up to a $7,500 tax credit if you purchase before July 1, 2009. And there's more good news. First time homebuyers is defined as, "a buyer who has not owned a principal residence during the three-year period... MORE->

Reported by

Kevin McDonald
as of 9/2/2008:
Buyers have realized it makes no sence to rent in this Sacramento market. Prices have adjusted up to 65% from previous selling prices. Foreclosures and short sales have come alive offering buyers the best deal possible. With the high inventory it is... MORE->
About Kevin McDonald

Reported by

Jimmy Castro
as of 8/28/2008:
August has been a great month for buyers. With home prices coming down and the high number of forclosed homes listed it has been ideal for buyers to make a move. If you are selling your home, you really need to price it correctly from the... MORE->

Reported by

Nick Hoddinott
as of 8/22/2008:
Questions?? CALL ME @ 916-201-6475 Sacramento has many diverse micro markets. It takes an agent with experience to really be able to find you the deals. Lately, we have seen the market start to slow while inventory is on the rise, especially due to... MORE->
About Nick Hoddinott

Reported by

Jack Dhaliwal
as of 7/1/2008:
As looking at the inventory of houses for sale and the average time a house stays on the market before selling, it seems like that it is still a buyer's market. A lots of new construction is going on here. If you are looking forward to buy a house,... MORE->
About Jack Dhaliwal


Average Current Market Rating: 1.1    (8 ratings)



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Buyer's Market

Seller's Market

Average Current Price Trend: 1.6    (8 ratings)




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Falling

Rising

Navigate: Top > California > Sacramento
Curtis Park - East Sacramento - Greenhaven - Natomas - Natomas Park - North Sacramento - South Sacramento


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.94%
15 Year Fixed: 5.63%
1 Year Adj: 5.15%
(U.S. Weekly Averages)

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