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Sunday, March 18, 2012

Sacramento County Real Estate Update March-April 2012

Doug Reynolds, a Sacramento Area Realtor, gives a market updated March and April 2012 Sacramento Real Estate.  This month discussing how the local real estate market appears to have hit the bottom.  Indication signs are: the median sales price increasing in February, the area currently has the second lowest amount of inventory since 2000 at 1.6 months, high buyer demand with multiple offers on properties, the second highest amount of sales in the month of February since 2000 and the lowest interest rates in the history of the US.  The local market appears to be turning around, what do you think?

clear skies,
Doug Reynolds

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