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  The sales statistical graphs linked below are for the counties of Sacramento, El Dorado, Placer and Yuba. They compare May 2009 to the year prior (May 2008), as well as data for April 2009 vs. April 2008. California began a 90 day moratorium on foreclosures which began mid-June. Inventory in ma...

    Recently, GreatWest GMAC Real Estate Professionals have heard from folks interested in possibly obtaining lower property tax assessments on their homes.  Generally, these folks are individuals who purchased homes in the last few years, at the height of the market, and now find their homes va...

    On Monday, June 15th, the State of California began a ninety-day moratorium on home foreclosures.  Banks must prove they have tried to help troubled homeowners modify loans before they can foreclose.The new law is titled, "The California Foreclosure Prevention Act."  It is estimated there ha...

    Fighting your insticts may be difficult, BUT don't be afraid to open the envelope. Not long ago a GreatWest GMAC Real Estate Professional recalled that she had gone to the home of a client to perform a listing presentation for a possible short sale. During the presentation and while looking ...

    The Associated Press reported Monday that the number of homebuyers in the country, who purchased previously owned homes posted a monthly jump - the largest in nearly eight years. Hopefully, this provides a significant sign that the housing market Is showing some recovery. According to The Na...