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real estate: 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 … (3 comments)

real estate: Mortgage Maps Show Who's in Trouble - 05/29/08 01:08 PM
See Who's Missed Their Payments The Federal Reserve Bank of New York offers an interesting way to see non-prime mortage statistical information at the state, county, and zip code level. Values are shown using a "relative strength" comparison by color code.
There are 12 different statistical displays for both sub-prime and alt-A mortgages. These range from the number of loans per 1000 homes, to how many have had a late payment in the past 12 months.
This should give the visitor a way to visualize how potential mortgage difficulties could affect future home values.
http://www.newyorkfed.org/mortgagemaps/
… (5 comments)

 

J.Scott Carpenter Sacramento/BayArea/SoCal

Roseville, CA

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Carpenter Properties

Address: Rocklin, CA, 95677

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