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March 17th, 2011 8:38 AM
There is an old saying, "As goes California, so goes the rest of the country." and when it comes to real estate that is good news indeed.  I came across this article today from the Sacramento Bee and wanted to share a snippet of it with you.
 
Home sales up for a second month

By Robert Lewis - rlewis@sacbee.com
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"For the second month in a row, Sacramento County home sales were up slightly when compared to the same time last year.
The 1,557 homes and condos that sold in Sacramento County last month were 6.3 percent more than sold in February 2010, according to figures La Jolla-based researcher DataQuick Information Systems released today. However, the median sales price for those home sales was $157,000 - the lowest median price for any month since September 2000, when the median was $154,000.
The low median price comes as distressed assets - foreclosure and short sales - continue to dominate the market.
 
Around the region, Amador County saw the biggest increase with 37 sales in February - a 32 percent increase from the year prior. Nevada County saw a 7.7 percent increase year over year, Placer County had an 8.8 percent increase and Yolo County had an 8.7 percent increase..."
 
What does this mean for NJ? That if you are thinking about selling your home now might be the perfect time to do so. Call Robert today at at 973-275-3012 to set up a listing appointment. 
Posted by Jill Sockwell on March 17th, 2011 8:38 AMPost a Comment (0)

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