According to a study released by the California Association of Realtors (CAR) last month, renters in California are still optimistic about eventually owning a home. The study reports that
The Housing Market Is Stabilizing
The Sacramento real estate market has officially softened. Buyers are choosy, seemingly picking well-kept and well-priced homes in desirable neighborhoods, and taking a pass on homes that come in over-priced or in need of fixing.
Home sales have dropped 18 percent in the Sacramento region in September compared to the same month the year before – making this the lowest September sales since 2011, according to new data from CoreLogic, a real estate data consultancy.
Homes are still selling, and sellers are often getting their asking prices, but it’s become a hit-or-miss moment for sellers.
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