Tuesday, January 16, 2007

Sacramento Regional Real Estate Trends for January 13, 2007

Sorry, folks. Out of town family business called, so I'm way late with this weeks post. (That's the beauty of not working for a newspaper. You can set your own deadlines. :) Anyway, since ocrenter beat me to the punch, I'll keep it short and sweet.

Inventory is up:

Inventory increases are mostly happening at lower price levels:

Asking prices are steady or falling:

Flippers are still in trouble:

For the record, on January 13, I’m showing 12,304 houses for sale in the four-county area. Also, if you haven’t already, please check in on the "The Mortgage Lender Implode-O-Meter". He's doing a great job of chronicling the sub-prime collapse, which is sure to be the housing story for 2007.

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