Georgetown Housing Trends & Home Sales - 07/30/10 02:55 PM
Over the last 15 months inventory is up only 1.4% with sales down 16.7% and pending sales off at-30% over the past.  Our remaining unsold inventory at this pace would take 14.4 months to absorb, the highest since this time last year.  Home prices seem to be almost finding some stability with ranges from $100-165 per square foot and last month's average at $147.  The market is still being driven by 1st time home buyers, though now the Federal tax credit has expired.  Interest rates under 5% are spurring others to consider purchases.  All buyers are looking at value and condition and sellers must still … (0 comments)

Chirstian Valley, Applegate & Weimar Housing Trends - 07/30/10 02:43 PM
Over the last 15 months inventory is up only 1.5% with sales up a whopping 62.5% and pending sales building at 20% over the past.  Our remaining unsold inventory at this pace would take 5.2 months to absorb.  Home prices seem to be almost finding some stability with ranges from $146-195 per square foot and last month's average at $179.  The market is still being driven by 1st time home buyers, though now the Federal tax credit has expired.  Interest rates under 5% are spurring others to consider purchases.  All buyers are looking at value and condition and sellers must still … (0 comments)

Understanding Short Sale Transactions | A Guide to Short Sale Facts & Myths - 07/30/10 02:09 PM
I ran across this well written synopsis of short sales.  I asked permission to reblog here for your benefit and to clarify what short sales are and why using an experienced, specially trained agent like me is very important to the process.
Via Bill Gassett Metrowest Massachusetts Real Estate (RE/MAX Executive Realty):
            Understanding Short Sale Transactions | A Guide to Short Sale Facts & Myths
                                                                                                                                                        
A short sale unfortunately has become a common buzz word in the Real Estate industry. For those that have been hearing the term "short sale" and don't quite understand what it means, a short … (1 comments)

Newcastle, CA Housing Trends 95658 - 07/26/10 04:44 PM

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Housing Trends in Greater Auburn, CA 95603 - 07/26/10 04:35 PM

Prices are stablizing in homes under $350k.  Homes over $500k will continue to see downward price adjustments.  Buyers are looking for value as well as good prices.  1st Time home buyers are driving the market.  Sellers must still compete with REOs and Short Sales.
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Meadow Vista Housing Trends 95722 - 07/26/10 04:24 PM

Prices are stablizing in homes under $350k.  Homes over $500k will continue to see downward price adjustments.  Buyers are looking for value as well as good prices.  1st Time home buyers are driving the market.  Sellers must still compete with REOs and Short Sales.
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Cool Real Estate Trends 95614 - 07/26/10 04:12 PM

Housing sales are happening for those that are priced accurately.  Buyers are looking for value as well as price.  Home values are stablizing in the under $350k price range.  Homes over $500k will still see downward adjustments.
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Great NEW Price on 11.8 Acres with CA Freeway exposure I-80 Penryn - 07/26/10 03:36 PM
To see a flyer on this property click on
http://sacramento.craigslist.org/reb/1864381027.html
Very motivated sellers will consider all offers for these two parcels to be sold together.  Now only $650,000.
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Cathy Sarmento (Granite Real Estate "Cool Team") Rainmaker_large

Cathy Sarmento

Auburn, CA

More about me…

Granite Real Estate "Cool Team"

Address: 1011 Lincoln Way, Auburn, CA, 95603

Office Phone: (530) 823-5783

Cell Phone: (530) 320-5783

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