TylerSells Blog » FOLSOM REO AGENT

Sacramento Homes For Sale – Price Drop in Sacramento County

Tyler Smith — Thu, 24 Mar 2011 16:07:10 +0000

Sacramento County home sales hovered around seasonal norms for the second month in a row, but the median price fell again as investors snapped up distressed properties, according to figures released Thursday by market watcher DataQuick Information Systems.
Sales in Sacramento County rose 6.3 percent in February compared to the same month of 2010, the La Jolla-based researcher said. This is the second straight month that sales were up when compared to the prior year. They’re only down about 5 percent from the monthly average of the past two decades.

However, the median price for those sales was $157,000 -the lowest level since September 2000, when the median was $154,000. The median price for resale detached homes was $160,000 -equaling the median in spring 2009, when the full impact of the foreclosure crisis hit the market.
The low median but steady sales are largely the result of investors snapping up distressed assets in foreclosure and short sales, said Andrew LePage, a DataQuick analyst.

“There are so many people out there bargain hunting still,” LePage said.

About 34.7 percent of February sales went to absentee owners — the highest percentage since 2000 when DataQuick started tracking such figures. A record number of buyers — 39 percent — paid cash. That compares to an average of 13.3 percent since 1988.

We made Top 50 TEAMS in the NATION!!!!!

Tyler Smith — Tue, 10 Aug 2010 22:08:23 +0000

For the first 1/2 of the year we were ranked in the top 50 nationwide. We came in at #33 and are very excited. We went down a couple of spots from March-April, so we are pushing to keep that ranking. We have one of the hardest working teams out in the market place!!! Thank you to all of our Buyers, Sellers, and Asset Managers who trusted us!! We a

Tyler Smith % Team make TOP 50 IN THE NATION

re here to serve!!!

TOP 50 PRODUCING TEAMS IN THE NATION…. WE MADE THE LIST!!!

Tyler Smith — Tue, 25 May 2010 17:54:52 +0000

For the first quarter we were ranked in the top 50 nationwide. We came in at #28 and are very excited. We went down a couple of spots from Jan-Feb, so we are pushing to keep that ranking. We have one of the hardest working teams out in the market place!!! Thank you to all of our Buyers, Sellers, and Asset Managers who trusted us!! We are here to serve!!!

TOP 50 PRODUCING TEAMS IN THE NATION