Sacramento Housing in April: Sales Increase 5% YoY, Active Inventory up 18% YoY

From SacRealtor.org: April 2018 Statistics – Sacramento Housing Market – Single Family Homes April closed with 1,587 sales, a 13.8% increase from March's 1,395. Compared April 2017 (1,512) the current figure is up 5% . Of the 1,587 sales this month, 227 (14.3%) used cash financing, 958 (60.4%) used conventional, 274 (17.3%) used FHA, 64 (4%) used VA and 64 (4%) used Other† types of financing. ... Active Listing Inventory increased 14.6% from 1,817 to 2,082 units, but the Months of Inventory remained at 1.3 Months. This figure represents the amount of time (in months) it would take for the......(read more)

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