Thursday, October 26, 2006

State results don't tell local story

The recent release of September real estate activity by the California Association of Realtors indicates that sales are down from last year but prices are up. While prices being up may be true for many cities throughout the State not many in our Greater Sacramento area saw price increases from last year. In our area prices have been down. Just to give a few, the city of Sacramento median price in September was $330,000 down 2.94 percent from a year ago. Roseville on 199 closed transactions has a 17.9 percent decline in their median sales price to $400,472 and Rocklin experienced a decline of 12.6 percent from last year to $445,500 on 79 transactions. To read more about this report see my column today, “Sales down, prices up in California” over at Rocklin & Roseville Today.

By the way I want to write an article on the emotional attachments we have for our homes and how to manage that when we decide to sell. In today’s buyers market, how do sellers control their hearts when faced with an insulting offer for the home they love? If you have any ideas or even experiences you would be willing to share please send them to me at, mailto:myheart@jalone.com.

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