March 2012 Blog Posts (1)

Low inventory of homes for sale in Sacramento

The inventory of homes for sale in Sacramento has dropped by 50% the last 12 months. The number of homes for sale in Sacramento has dropped every month the last 15 months. I think we will stop seeing price declines in 2012. There are multiple offers on properties that are priced right. There are around 2650 homes for sale. There is just a 2 month supply of homes for sale. It is considered a sellers market when the inventory of homes for sale is below 3 months supply. If you…

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Added by Gordon Cuffe on March 26, 2012 at 4:06pm — No Comments

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