Friday, March 02, 2007

Busy Friday

Inventory in the greater Sacramento real estate market is edging up but we have been seeing some stability in the median asking price. According to HousingTracker, during the past four weeks ending February 26 available houses for sale grew by 527 to 13,372, a 4.1 percent increase. During this same time the median asking price has remained virtually constant at $400,000.

For those of you following my reality real estate series, My For Sale Sign, I posted my third article, “Hanging in There” which is exactly what my sellers, Randi and Tony are doing as they wait for the buyer we want to find.

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