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federal housing finance agency: Update on Bank of America Short Sales and California's Housing Market Trends - 11/28/09 09:47 AM

Two interesting bits of information this morning. First, take a look at this chart from the Federal Housing Finance Agency. It shows the appreciation scale for housing in California from 1991 to present. Although we are not out of the slump by any stretch, it indicates the bottom happened in late 2008, which mirrors the movement I see in Sacramento's real estate market.
Second, another of my Bank of America short sales is about to be approved. What makes this Sacramento short sale different is the fact we submitted the file in early October, just as Bank of America was … (17 comments)

 
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Elizabeth Weintraub, Sacramento Short Sale Agent, Land Park, East Sac, Lyon RE

Sacramento, CA

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Top 1% at Lyon Real Estate #00697006

Address: 2801 J Street, Sacramento, CA, 95816

Office Phone: (916) 233-6759

Cell Phone: (916) 233-6759

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Broker-Associate at Lyon Real Estate, midtown Sacramento. Selling since 1974. Home Buying Columnist at About.com. Sacramento short sale agent.
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