CA: Sacramento Real Estate Continues Decline

Sacramento Real EstateAround this time last year, a number of experts said the housing market had finally hit bottom. Turns out those were just branches on the way down.

New figures released this week show that median sales prices continue to fall across the region and nationwide as distressed properties maintain their grip on the market.

So when will we finally see the end of this maddening descent?
“We were hopeful it was a year ago, but apparently not,” said Greg Paquin, president of the Gregory Group, a real estate information and consulting company. “I think it’s tough to predict anymore.”

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