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Tuesday, February 21, 2012

But I Thought It's A Buyers Market in Sacramento Real Estate?



I hear it from new clients all the time: "But I thought it's a buyer's market?"  Take a look at this video to learn about how Sacramento Real Estate has low inventory and high demand, creating a "Price Sensitive Seller's Market."  The inventory of homes for sale in the Sacramento area is only 2 months.  A "normal" market is considered 6 months of inventory.  So, as buyers are quickly finding out when they get started house hunting, a home that shows well, is marketed well and priced right will have multiple offers on it within a week or less.  It's hard to believe when you watch the national news but you have to realize that real estate is a local issue, and locally the Sacramento Real Estate market has a high demand and low supply.

Do you find that hard to believe?  What are you seeing in your real estate market?  Thanks for sharing and subscribing.


clear skies,
Doug Reynolds
 
www.BHGshortsales.com
 

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