Is the Sacramento bottom Near? - 04/10/09 07:33 PM
The median sales price for Sacramento county has momentarily flattened when comparing March to February.  The median price for February 2009 was $167,000 and for March 2009 it stayed flat at $167,500.  This could be an early sign that we have or are nearing a bottom of the market for our local area.  Sales continue to stay hot with volume increasing each month for the last year, multiple offers on many properties, homes selling in a few days and sometimes going for over list price.  These statistics were just released today by the Sacramento Association of Realtors (SAR).  As always, i … (0 comments)

Exciting New First Time Home Buyer Protection Program - 04/07/09 05:35 PM
California Association of Realtors (C.A.R.) LAUNCHES MORTGAGE PROTECTION PROGRAMTo help provide first-time home buyers with peace of mind when purchasing a home, the C.A.R. Housing Affordability Fund (C.A.R.H.A.F.) is offering a new mortgage protection program to first-time home buyers.Through the Housing Affordability Fund's Mortgage Protection Program, first-time home buyers who lose their jobs due to layoffs may be eligible to receive up to $1,500 per month for up to six months to help make their mortgage payments. A qualified co-buyer also can participate in the program, for a monthly benefit of $750 per month for up to six months. Program benefits … (0 comments)