Our Numbers Are Better Year Over Year!
What a difference a year makes! It is being reported that Sacramento experienced a 30% increase in home values, year over year. And, we are leading the country in housing recovery!
A year ago 4 of 5 homes sold were either short-sales or bank owned properties. This year that number has reversed, with 4 of 5 homes marketed being equity sales, as homeowners are finding a return of home value to allow for traditional sales!
Interest rates remain attractively low, but a lack of inventory is creating frustration for many homebuyers. Many first time buyers are struggling in their competition with investors, flush with cash.
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