How Bad Is The Market, Really?
The Sacramento Bee published this story today which is worth reading. Anyone would admit there is a lot of information out there about the housing market today and it comes at us from all over the country. In all this panic, I begin to wonder: does no one realize that all real estate is local?
Just within Sacramento there are neighborhoods that are far more stable than others, as mentioned in a previous post. Sales in certain zip codes just “zip along” as the Bee put it.
All real estate is local. And as long as the local economy is doing fine, it will bounce back.
