Signs Point to Sacramento Housing Recovery
Many GreatWest GMAC Real Estate Professionals have been noticing that the Sacramento housing market has been stabilizing. About 80% of the foreclosure market is completed, and sales have doubled in number since a year ago. It appears that the housing market declines of the past months have began to slow, rather than continuing to dive over a cliff.
The Wall Street Journal released a few days ago, with the headline, “First Housing Markets to Heal? - Analyst Bets on Sacramento, Washington” (article linked below).
According to analyst, John Burns, Sacramento’s new home supply ...
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