phyllis on September 23rd, 2008

Sales Statistics
for SACRAMENTO County CA

 
 

Realist’s most recent recording date for this county is 09/15/2008

 
 

 

Single Family Residence

 
 

Time Period

Number of Sales

Median Sale Price

Aug 2008

2,111

$226,000

Aug 2007

1,291

$329,500

Jul 2008

2,206

$224,000

Jul 2007

1,301

$336,500

2008 YTD

13,715

$240,000

2007

14,873

$336,500

 

Sales Statistics
for PLACER County CA

 
 

Realist’s most recent recording date for this county is 09/15/2008

 
 

 

Single Family Residence

 
 

Time Period

Number of Sales

Median Sale Price

Aug 2008

588

$341,000

Aug 2007

538

$436,500

Jul 2008

560

$354,500

Jul 2007

547

$449,000

2008 YTD

3,933

$355,000

2007

6,070

$430,000

 

Continue reading about Sacramento and Placer County Sales Statistics

phyllis on September 8th, 2008

By Jim Wasserman - Sacramento Bee:
Published 12:30 pm PDT Monday, September 8, 2008

Nearly 7 percent of home loans in El Dorado, Placer, Sacramento and Yolo counties were 90 days or more delinquent during June, First American CoreLogic reported today.
The firm said 6.9 percent of the region’s home loans were delinquent, up from 2.8 percent the [...]

Continue reading about Delinquent home loans up sharply in Sacramento area

phyllis on September 8th, 2008

Ron Lieber writes in the New York Times:
So what does the federal takeover of two mortgage finance giants mean to consumers?
Mortgage rates may fall a bit initially but probably not enough to halt the decline in home prices anytime soon. Some delinquent borrowers may have a better shot at modifying their loans and ending up [...]

Continue reading about Fannie, Freddie and You: What It Means to the Public

phyllis on September 8th, 2008

This article appeared on page A - 1 of the San Francisco Chronicle:
Senior officials from the Bush administration and the Federal Reserve called in top executives of Fannie Mae and Freddie Mac, the mortgage finance giants, and told them on Friday that the government was preparing to place the two companies under federal control, officials and company [...]

Continue reading about Feds to take over Fannie Mae, Freddie Mac