Well, the numbers for homes sold in May are in, so it’s time to take a look at our local real estate markets, beginning with Sacramento County. To look at unit volume first, it’s practically unchanged since last year, at 1761 units sold in May 2010 versus 1757 in May, 2011, a difference of only [...]
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When I talk to homeowners I know about their problems getting a loan modification or when I work on a short sale, a common theme that comes up over and over again is “Why is this process so hard if the bank is going to lose more money on foreclosure than they will on a [...]
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I’ve just processed the sales data for the past March, so it’s time to start looking at the numbers as we always do. Rather than start out going county by county, this month I thought it would be interesting to take a look at how foreclosures and short sales are stacking up between Sacramento County, [...]
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This article is part of our How To Buy A Home Series (Learn More, Subscribe) There is one type of foreclosure property that you should know about, especially if you are a buyer who plans to occupy the home (as opposed to an investor). That category is the HUD foreclosure or “HUD home”. HUD homes [...]
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