FIND A HOME - MLS CROCKER RANCH SUN CITY ROSEVILLE DIAMOND CREEK LONGMEADOW HOME PAGE

Real Estate, News, & Updates Information Blog

Placer & Sacramento Counties
June 11th, 2008 7:20 PM
Hi everyone. Although prices have continued to trickle down this year there are some bright spots in our market. The sales in our region have continued to rise the last several months as I had mentioned in a previous post. This trend was finally published by the media within the last month or so as they got wind of this trend (I saw this trend building way back at the end of last year when I noticed much more competition against my clients' offers). Mostly, turnkey homes or homes that require only cosmetic repairs are going fast and receiving many multiple offers (assuming they are priced well). Investors have been swallowing up many of the major fixers or properties that will not qualify for FHA financing as well. There are lots of cash offers with quick closes which has made it tough for buyers with little money down as sellers are favoring offers will quicker closes and higher deposits rather than just looking at net price.

Posted in:General
Posted by Reginald Jackson on June 11th, 2008 7:20 PMPost a Comment

Subscribe to this blog

My Favorite Blogs:

Sites That Link to This Blog: