While sitting here at my computer processing statistical information for Sacramento County Home Sales, I heard the familiar whup-whup-whup sounds of the Sheriff’s helicopter flying overhead.
Living as close to the American River as I do, I often hear the police aircraft hovering above during summer months, when rafters and other fun loving folks find a place to cool off in the water.
It was the prolonged period the whirlybird sound continued, that reminded me today is the Third Annual “Rafting Gone Wild” event. I put a hold on statistical analysis, grabbed the camera, jumped on my bicycle and headed for the river.
Just to prove it’s not only the Greater Sacramento Real Estate Market that’s Gone Wild, I’ll provide you with a couple pictures of the rafters, following the June housing number graphs.
While Sacramento County has experienced smaller numbers of homes listed "For Sale" these past several months, we did experience a 23.2% jump last month in comparison to June a year ago. However, a general shortage of inventory continues to create frustration for many homebuyers.
Although choice of available homes continues to challenge homebuyers, the market continues to provide low interest rates for mortgages, even though interest rates have seen some elevation.
Home values still haven’t reached the record highs achieved in the months leading up to the housing bubble of 2006.
Those in a position to purchase, and are able to find a suitable home for their needs, should act now!
The following charts provide sales statistics for the month of June followed by numbers for the previous month of May.
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