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prices: Looking Up in Sacramento, CA - 06/11/08 01:48 PM
Good Morning Breakfast Lovers! While they are about as much fun as dental surgery, at least Buyers are coming back. As properties in the area have become more affordable, buyers are lapping up homes at an astounding rate. The number of listings has dropped across the board; down about 40% from last year, while maintaining a consistant ratio of 40% distressed properties. Pending sales are up about 66%, helping to further reduce inventory. This is helping to firm prices a bit. Other good news is that the "Delta Breeze" is beginning to return. This is a euphamism for buyers coming
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prices: Yippee, the Sacramento Market is Coming Back! - 05/29/08 01:28 PM
If you were waiting for the "bottom", here we are. Bring you pink slip and your check book" the radio ad would blare. That was to signal that when you went shopping, you needed to be prepared to buy. So it is for Sacramento buyers this spring. Once the temperature hit 80 degrees in April, the genie took the cork out of the bottle and the phone has not stopped ringing. Not only are REO's (foreclosures) hot, but short-sales are starting to flow. Even seller-occupied sales are seeing a resurgence. Sacramento and Placer Counties are seeing transaction volumes jumping as much
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J.Scott Carpenter Sacramento/BayArea/SoCal
Roseville,
CA
More about me
Carpenter Properties
Address: Rocklin, CA, 95677
Office Phone: (916) 267-7653 x cell
Email Me
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