Real Estate News and Advice
July 6, 2009
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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

Nick Hoddinott
as of 6/30/2009:
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

Kevin McDonald
as of 6/17/2009:
Buyers have realized it makes no sence to rent in this Sacramento market. Prices have adjusted up to 75% 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

Jeff Barnhart
as of 5/1/2009:
Home prices are starting to go up! Although it's too early to say the market has bottomed out, there are some indicators that prices may be stabilizing. KEEP THIS IN MIND • The median price for existing, single-family homes rose 2.2... MORE->

Reported by

Michael Romanov
as of 3/16/2009:
There's a lot of doom and gloom being spread in the media about the housing market and the overall turbulent economy. But, if you're in a position to take advantage of falling housing prices, getting a loan and moving forward with a real estate... MORE->

Reported by

Darren Brown-REPO Agent
as of 3/16/2009:
Strong Buyers market. 80-85% of market is REO and short sale driven. Much competition with buyers competing against themselves and... MORE->

Reported by

Jimmy Castro
as of 2/13/2009:
If you're waiting for prices to fall further you could miss out on a good deal. No one knows when the market hits bottom until it begins a sustained upward turn and you can look back and actually see bottom. Buy now because it's the right... MORE->


Average Current Market Rating: 1.3    (6 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 1.8    (6 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: 5.42%
15 Year Fixed: 4.87%
1 Year Adj: 4.93%
(U.S. Weekly Averages)

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