Sacramento, California, has as many diverse markets as it does buyers.
Overall, however, experts report that the market has slowed -- with values anticipate to drop but stabilize by year end. Inventories are on the rise. "The greater Sacramento area is generally seeing an abundance of new and previously owned homes on the market."
A large inventory of homes gives buyers an advantage -- with sellers needing to be more competitive to make a sale.
There has been a downward trend in the median home price.
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Published: September 11, 2007
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