Sunday, March 29, 2009

Sacramento Regional Real Estate Trends for March 28, 2009

More rounding error changes in the indicators this week, though my anecdotal "waiting for Godot" source tells me banks will be dumping REO onto the market in the next month. I'm not holding my breath at this point.

1 comment :

Anonymous said...

One of the DC blogs said a bank dumped 50% of its shadow inventory in Feb & March to see what would happen.

It didnt matter, there were enough buyers out there that the total available inventory continued to decline at a time when it should normally be rising.