The Sacramento region continues to experience a tightening of the housing supply. For another consecutive month, buyer activity has outpaced seller activity throughout the area. There are two likely and positive sources for the continuous influx of buyers.
Read MoreAfter reading the national numbers posted by CoreLogic, I spent time reviewing our local Sacramento area numbers. The data shows us that since March when the stay-at-home orders began, sellers have slowed the supply side significantly. The unemployment rate for Sacramento County was at 14.7% in April. And yet there is so much pent-up buyer demand that sales prices have continued to climb higher.
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