Sales Statistics for Four Counties - 09/30/08 06:53 PM
These are the sales statistics for the counties of Sacramento, El Dorado, Placer, and Yuba - through the month of August 2008 compared to the same month a year previous.  The number of sales have improved considerably in Sacramento and Yuba counties.  However, as evidenced by these statistics, prices are reduced.  Price reductions continue to rule the road.

… (0 comments)

Yes There Are Bidding Wars - 09/28/08 01:31 PM
We've certainly had more than our fair share of bad news in the housing marketplace in recent months, but there may be reason for a glimmer of hope, and a new dawn breaking at last on the horizon.
More and more GreatWest GMAC Real Estate Professionals are reporting offers being written, and more buying activity than seen in awhile.
The entry-level housing arena seems to be enjoying some exuberance being fed by the CAL FHA, First Time Buyer program.
One real estate agent reported they had been working with a buyer for a few weeks, using this type of financing for … (0 comments)

The Pitfalls and Scams Surrounding Free Credit Reports - 09/25/08 08:38 AM
The Pitfalls and Scams Surrounding Free Credit Reports
Often when folks are readying themselves to buy homes, one of their first acts of readiness is to obtain their all important credit score.  By law, consumer credit reporting companies, Experian, TransUnion, Equifax, are to provide you a free copy of your credit report, once a year, should you request it.There is a toll-free number, mailing address, and a central website, which you can reach these the three companies mentioned above: http://www.annualcreditreport.com
It should also been known there are companies that claim to provide this free service.  However, there is also and high incidence of … (1 comments)

This Time of Year, Apple Hill Comes Alive! - 09/18/08 04:25 PM

… (1 comments)

GreatWest GMAC REAL ESTATE ANNOUNCES RECENT PROMOTION - 09/15/08 08:39 AM
… (0 comments)

24 Hour Market Watch - September 12th 2008 - 09/12/08 02:47 PM
The Sacramento MLS 24 Hour Watch, continues to demonstrate the number of homes going to "Pending Sale" status is more equal to the number of homes entering the market as new listings.  The number of price reduced listings continue to rule the day, as sellers become more realistic in their view of the marketplace.It is encouraging to not be as upside down in inventory vs. pending sales, as has been the case in recent times.  The Greater Sacramento area appears beginning to work it's way through inventory, 

… (0 comments)

GreatWest GMAC Real Estate Welcomes the Following Associates - 09/10/08 11:58 AM
… (1 comments)

Federal Government Seizes Control of Fannie Mae and Freddie Mac - 09/07/08 10:16 PM
On late Friday, the news media became abuzz with reports, the shoe had finally began to drop with regard to Fannie Mae and Freddie Mac.  Articles revealing the government had conjured a plan to put the two troubled mortgage Goliaths under federal control, dismiss their top executives, while shoring the institutions up financially.The plan would prompt one of the more sweeping government interventions of financial markets in U.S. history, placing the firms under conservatorship, and empowering the government to restructure and breath new life into the companies.Stock would be significantly devalued, but not wiped out.  The capital infusion would not be provided all at … (2 comments)

Numbers of Foreclosures continue to Hammer Greater Sacramento Area. - 09/02/08 10:43 AM
According to a Sacramento Bee article written by Tony Bizjak on Sunday, the Sacramento area is still being hammered by foreclosures.  According to Realtytrac, Inc., data demonstrates that one in every 145 households in Sacramento, El Dorado and Placer counties faced foreclosure in July.  That represents 5,290 properties.
The percentage of foreclosures nationally were up 55% over July of last year.
The article goes on to mention that mortgage experts do not foresee any relief in the numbers of home foreclosures anytime soon.
The Sacramento Bee article is linked below:
http://www.sacbee.com/142/v-print/story/1199017.html
… (0 comments)

 
Greatwest_vert_color_big

Real Living GreatWest

Sacramento, CA

More about me…

Real Living GreatWest

Address: 3604 Fair Oaks Blvd. #120, Sacramento , CA, 95864

Office Phone: (916) 481-3400

Email Me

Conversations about real estate related issues in the greater Sacramento areas. This includes: Yuba City, Roseville, Rocklin, Elk Grove, Rancho Cordova, Granite Bay, Folsom, El Dorado Hills, Natomas, Gold River, Lincoln, Merced, Galt, Stockton, Anatolia, and other surrounding cities.


Links

Archives

RSS 2.0 Feed for this blog