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Short Sales Dominate the Market

In a December press release from Trendgraphix, a Sacramento real estate reporting company, it’s reported that Short Sales are the dominate trend in our marketplace. There was another slight increase in the number of overall closed sales in the four county area of Sacramento, Placer, El Dorado and Yolo counties. Sales were up 8% from [...]

By | 2012-01-05T11:53:28+00:00 January 5th, 2012|Market News|0 Comments

Is getting a loan going to be more difficult?

Get a mortgage before the door shuts screams a recent headline in the Wall Street Journal. Karen Blumenthal writes in the WSJ on Feb. 26, 2011, that "if you have been sitting on the fence trying to decide whether to buy a new house or refinance a mortgage, you should act soon. New loans are [...]

By | 2011-03-04T11:21:11+00:00 March 4th, 2011|Market News|0 Comments

New Household Formation – Down

RISMEDIA, November 4, 2010--(MCT)--U.S. household formations are at their lowest since 1947, data from the Census Bureau show. And that's helping to keep the supply of unsold homes at near-record levels nationwide, even though relatively few houses are being added to the inventory. Between March 2009 and March 2010, the number of households rose just [...]

By | 2010-11-04T09:31:49+00:00 November 4th, 2010|Market News|0 Comments

Help for Home Buyers – Now Available 2/2010

Find out about new incentives offered on Fannie Mae home purchases at: http://ur1sthouseblog.com/ Find out about CalHome Funds available in Sacramento at: http://sacrelender.com/ And read about the Mortgage Credit Certificate below.  And it all can be combined with the Federal Homebuyer Tax Credit as long as YOU get in contract by the end of April [...]

By | 2010-01-29T13:41:40+00:00 January 29th, 2010|1st Time Buyer Assistance, Market News|0 Comments

The ‘Bottom’ of the Market?

Local or national, the news is not making anyone feel good. But have we hit the bottom of the real estate market or will prices continue to decline? One very basic indicator is just what they taught you in business class - supply vs. demand. If you take a look at the Sacramento Market over [...]

By | 2010-11-04T09:35:51+00:00 January 5th, 2010|Market News|0 Comments