February / March 2011 Sacramento Real Estate Market Video Update

[ReynoldsRealEstate]

Thanks for the comment feather river. I didn't say things were going to get better any time soon, i think when we look back on 2011 it will be a year that things finally flattened out and the bleeding stopped. just my opinion. Currently the values in Sacramento are going down but from from February 2009 the median price was 167k and June 2010 it went up to 194. So things are still shaking out and everyone has their opinion. appreciate the comment and only time will tell who's right...

[featherriverrafter]

Thanks for your post Doug, however, I think the housing market is going to get much worse through 2011-2012. Too much back inventory. Economy is sick. Wish I could believe things would get better as I own a home and it is going down in value every month. The correction is needed to bring things back to normal. They say we should reach about 1998 prices.

[lundquistco]

Nice job, Doug.