John Lockwood posted a blog entry 1 day ago
Sacramento County Real Estate Market Update: January 2010
This is what a stumbling, unsure recovery looks like for Sacramento county, I suppose. Unit volume is down once again but prices are gradually - very gradually - picking back up. For the third month in a row.
A total of 1176 homes sold in the county of Sacramento this month, more than half of [...] more »
John Lockwood posted a blog entry Feb 4, 2010
Greenhaven Real Estate Market Update: December 2009
The Greenhaven or "Pocket Area" of Sacramento as it is called didn't do as well this month as some of the previous months reported. With just 19 homes selling in December, it suffered a unit volume decrease of 9.5% year over year. Sales were quite evenly divided between distressed and... more »
John Lockwood posted a blog entry Feb 2, 2010
Rosemont Real Estate Market Update: December 2009
Foreclosure sales are down in Rosemont as elsewhere and even with buyer interest being piqued in short sales, that has not helped the overall unit volume which fell 10.4% year over year. Foreclosure sales dropped 40% for the same period while short sales gained ground by 140%. There was no change in... more »
John Lockwood posted a blog entry Jan 29, 2010
Elder Creek / Fruitridge Real Estate Market Update: December 2009
A huge drop in unit volume sales this month marks the possible recovery of the Fruitridge real estate market. Foreclosure sales have fallen 72.3% year over year and overall unit volume has dropped 50% for the same period. Inversely, short sales rose 50% and non-distressed sales 81.8% for the same... more »
John Lockwood posted a blog entry Jan 28, 2010
East Sacramento Real Estate Market Update: December 2009
26 homes sold in the East Sacramento area this last month, an overall unit volume dip year over year by about 13.3%. This dip has been largely the result of foreclosure sales dropping - just 8 REOs closed escrow in December as compared with 17 a year ago. Also, more than half of all sales [...] more »
John Lockwood posted a blog entry Jan 27, 2010
Rancho Cordova Real Estate Market Update: December 2009
Rancho Cordova has been another one of those places with large amounts of foreclosure inventory for sale in the last year. Now that those REOs are disappearing we are beginning to see the expected dip in sales. 19 homes sold this month in the area of which just 10 were distress sales - 6... more »