North Natomas Real Estate Market Conditions & Reports, North Natomas Market Trends, California

Market Commentary Provided by Flynn White
Buyers are currently being decieved (in the under $350K) by press and sellers....homes are being put on market as significantly less then market value, in some cases 30-40% below market value. Auctions didn’t work so the banks have created an auction like environment where homes come on the market priced so low they get 50-100 offers in some case, they take the top 10 or so, counter the buyers asking for the highest and best offer...buyers are buying into the ferver and not being properly advised by realtos and pushing the price WAY above the true market value of homes. Homes no longer sit on the market in some area...they FLY off the market for significanlty more then what buyers see initially on MLS. This will likely cause a push back in the near future...how do appriasers find the comps to meet the purchase prices that are ABOVE the market value?

Report Date

Fall 2009

Search For Homes in North Natomas
City:
Property Type:

Minimum Price	Maximum Price

Min. Beds	Min. Baths

CONNECT WITH A LOCAL PROFESSIONAL

Flynn White
Real Estate Done Right
Roseville, California
800-581-6305
flynn@flynnwhite.com
Agent Home Page

Nearest Metro Area

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

10-30 days

Market Trend

No Change

Housing Inventory

Limited Supply

Average Home Price

$300,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 15-20%

Prices As % of Asking Price

More than 100%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in North Natomas is

Seller Activity for the past 90 days in North Natomas is

Is Financing Available For Qualified Buyers in North Natomas?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Natomas, Croker Ranch, West Roseville, East Roseville

Reason to Buy/Sell

Other

Average Sold Price

$300,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

Click here for full article...