I believe that the housing crisis is acting as a ball and chain on the general economy. An alarming 25% of the homeowners in the united states owe more on their mortgages than their homes are worth. America has way too many borrowers losing their homes to short sales that take months to complete and …
Category Archives: Trends
What’s the Trend in Placer County?
Pending sales in Placer county are up over the last 15 months by 62.7%! Closed sales are up by over 37%. The most remarkable thing about the increase is that a little over a third of the purchases were made by investors and there were no government incentives or tax credits involved. In my opinion, …
