Hi everyone!

I’m sure you are all wondering what is going on in our real estate market and where things stand after the first of the year.  2009 has started off great and we are continuing to see some really great deals out there. Inventory decresed as the holidays passed. We are expecting to see a new influx of foreclosures in the upcoming months. Pending sales are up from last month and many people are getting some great deals out there. There are many changes going on in the lending institutions and guidlines are changing often. Also, we are starting to see short sales close which is great news. In the past it has been difficult being a buyer on a short sale home due to the time it took for a response. The response time can still take up to a few months  but, banks are starting to be more cooperative. Please contact me if I can be of assistance to you or anyone you know.

Here are the files with the statistics for January. This info is from the MLS and specifically covers Sacramento county. For statistics on other areas, feel free to call or email me  

Active,Pending and Sold

Pending and Sold

Months Supply of Inventory