by Doug Reynolds | Jul 23, 2014 | July 2014, No Category
Doug’s Crystal Ball (AKA – Educated Guess): I am asked almost daily by both buyers and sellers on where this market is headed. And while I don’t have a crystal ball, I can still provide my opinion/guess. There is an interesting dynamic to the market right...
by Doug Reynolds | Jul 16, 2014 | July 2014, No Category
Doug Reynolds, a Sacramento Area Realtor, discusses the latest statistics and what’s going on with the market as the summer market progresses. This month Doug discusses the drop in the median price and the increase in inventory. The market appears to be...
by Doug Reynolds | Jul 14, 2014 | July 2014, No Category
Sacramento Real Estate Update July 2014 ó In June 2014, the median price decreased from $275,000 to $270,000. The median is still 9.8% higher than one year ago. ó The available housing inventory is 2.2 months. I expect to see that number slowly increase as we...
by Doug Reynolds | Jul 11, 2014 | July 2014, No Category
The market picked up for the second quarter as the spring/summer season is in full swing. There were 28 sales in the second quarter, up from the previous quarter(21) and same as one year ago(28). The average sales price($282,759) is up considerably from last...
by Doug Reynolds | Jul 2, 2014 | July 2014, No Category
By now, we all know the stories of the major hedge-fund investors (cough, cough, Blackstone, cough) coming into the Sacramento Real Estate market and basically buying up everything they could at the end of 2012 and beginning of 2013. Since the third quarter of 2013,...