Doug Reynolds, a Sacramento Area Realtor, discusses the latest real estate data for March 2012 in Sacramento County Real Estate. Due to low inventory and high buyer demand, the market has shifted to a sellers market where properties are selling quickly with multiple offers. The median sales prices has now increased for two straight months, indicating the bottom of the market has passed. Also discussed, is the "Perfect Storm" currently going on in the Sacramento area. It's both a great time to sell and also a great time buy due to low prices and low interest rates (it's just tough to get an accepted offer right now due to the buyer competition.)
clear skies,
Doug Reynolds
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