WOW. So again - where are the houses?? They clearly are not on the market! Our inventory in Sacramento County has significantly decreased again, and in June 2009 we had 2.3 months of inventory on the market. Investors are out in full force. I am working with a few first time buyers in the +/- $200k range, and there is very little available...and what is available seems to consist mostly of short sales, and the good properties receive multiple offers within a few days of being listed. Another interesting thing, is that Sacramento County's median home price was $179k for June 2009 as well. If you read my post last month, you will know that May 2009's median price was also $179k. Are we stabilizing? Hmm...not enough data to call it a trend yet. If you would like to see price trend graphs for a specific zip code in Sacramento County, just shoot me an email and I am happy to provide them to you...
Posts
No comments:
Post a Comment