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5 trends to watch in Sacramento real estate

October 14, 2013 By Ryan Lundquist 1 Comment

There is so much talk about the real estate market shifting. Yes, it has been slowing down. But that’s normal. Like kids, markets are constantly moving – sometimes very quickly. Today let’s look at five real estate trends in Sacramento County. For those who work in real estate, it’s good to internalize stats like this to help clients understand what is happening so they can make informed decisions. Moreover, paying attention to the trends can tell you who your future clients might be.

5 real estate market trends in Sacramento County:

  1. FHA is up 3.3% since July 2013.
  2. FHA is up 6.4% under $200,000 since July 2013.
  3. Conventional sales are seeing an increase (more equity sellers lately).
  4. Cash sales under $200,000 have decreased by 10% since last quarter.
  5. Cash has declined by 12.5% in the entire county since Q1 of 2013.

sacramento real estate market stats through Q3 2013 - by sacramento home appraiser

Speaking in Elk Grove: By the way, I’m speaking tomorrow at the Elk Grove Regional Realtor Meeting. I’ll be talking through various market trends and touch on some tips for working with appraisers (as well as fielding questions I’m sure). The meeting is from 8:15-9:30am at Stockman’s Community Room at 9275 E Stockon Blvd in Elk Grove. Come out if you’d like.

Question: What strikes you about the stats above? If you work in real estate, what are the implications for your business?

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Filed Under: Market Trends Tagged With: decline of cash buyers, FHA buyers increasing, Home Appraiser, house appraisers Sacramento, increase of conventional buyers, investors leaving market, less cash in Sacramento market, real estate trends in Sacramento

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  1. The exchange of power between investors and FHA buyers | Sacramento Appraisal Blog | Real Estate Appraiser says:
    October 15, 2013 at 8:30 AM

    […] meet up in one more quarter or so as long as the current pace continues. As I mentioned yesterday, cash sales have declined 12.5% since the beginning of the year in Sacramento County, while FHA has increased 3.3% in the past few months alone (or 6.4% under $200,000). Ultimately […]

    Reply

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