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Team Hybrid Real Estate Services Sacramento RE/MAX
561 followers -
Sacramento Luxury Real Estate Firm | Investment Services | Residential & Commercial
Sacramento Luxury Real Estate Firm | Investment Services | Residential & Commercial

561 followers
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Team Hybrid Real Estate Services Sacramento RE/MAX's interests
Team Hybrid Real Estate Services Sacramento RE/MAX's posts

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Average rate on the 30-year loan dipped to 3.31 percent, the lowest on records dating back to 1971!

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Do homebuyers stand a chance in tight market?

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Home prices in the Sacramento region are expected to rise 5.6 percent over the next 12 months.

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A personal finance website compared incomes to housing prices and found Sacramento is sixth among the 25 largest U.S. metropolitan areas in terms of home affordability.

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There are way too many buyers -- investors and regular people -- and not enough homes for sale.

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Sacramento’s rebound is among the sharpest in the nation. Prices have climbed an average of 8 percent.

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Mortgage prepayment rates have soared to the highest in seven years as homeowners take advantage of the lowest borrowing costs on record to refinance.

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Inexpensive existing homes have received all the attention as the real estate market returns, but the Sacramento market has plenty of over-the-top luxury homes for sale as well.

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U.S. home prices dropped by a third from the start of 2007 to the start of 2012.

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 In another sign of a turnaround in the long-battered real estate market, average home prices rebounded in July to the same level as they were nine years ago.
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