For home buyers considering buying a home in Placer County it is important to take a look at these real estate reports to get a better view of what the real estate market trends are for a neighborhood prior to purchasing a home. As a Realtor, it is my responsibility to make sure that you are given all the information you need as a home buyer.

Once you click and review the real estate sales for March 2007 in Placer County, a detailed list by zip code for each City/Community in Placer County are listed within the Placer County boundary. You will notice the average price that sellers in each area are asking for their home for sale, the average square feet of the homes in that area for sale and the average days the house has been for sale or on the market. Next, are the homes which have an accepted offer an lastly, the homes sold in each City/Community by zip code for the month of March as well as the average price of the cumulation of homes sold and the average square footage of the homes sold.

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Below, I is a chart comparing the last three years for the month of March. This chart indicates how many homes sold in 2005, 2006 and 2007 in the month of March for all of the Placer County area. Obviously, as noted the sales for 2007 are remarkably less.

It does not come as any big surprise that the sales are down and foreclosures are up. The Lending industry must correct itself, which it is in the process of doing but it appears that it is over correcting. First Time Home Buyers are still able to obtain good safe loans and those with poor credit or stated income are finding that lending practices have tightened up. There were many home buyers who purchased homes with poor credit scores through creative financing and those that fudged on their stated income who are now experiencing the loss of the American Dream, their home. This effects all of us and each home in the area where this is occurring.

However, it is a fabulous home buying time for those Buyers who have good credit its literally a candy store out there of you!

Placer County }}}}}}}

3 Year SalesPlacer County March 2005 Real Estate SalesHomes Sold 528

This entry was posted on Saturday, April 7th, 2007 at 7:09 pm and is filed under Placer County, Placer RE Stats, Real Estate Market, Statistics by City. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1. Sacramento Real Estate Voice » Blog Archive » Real Estate Home Sales Report for Placer County in April 2007 said at May 22nd, 2007 at 7:23 pm

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