2012 Home Value Statistics Help Determine Short Sales In 2013

Posted on Jan 3, 2013 in Roseville and Sacramento Short Sale FAQs

Hello everyone Mark Peek here, your Roseville and Sacramento short sale specialist, thank you for joining me today. I work with Keller Williams Realty in the Roseville and Sacramento region and use my blog to share valuable information with distressed property owners who are facing foreclosure. If you have seen the value of your home drastically diminished or just need to sell your home fast please browse through my website or call me directly to learn more about your options.

For my blog today I wanted to chat with Roseville and Sacramento homeowners about some home value statistics I have compiled for 2012 and how they may shape your future real estate decisions. One thing that you may be surprised to hear is that we actually had a fairly significant increase in home prices compared to the end of 2011. One of the reasons for this was the incredibly low interest rates available to Roseville and Sacramento homeowners allowing many renters to finally make a purchase. I have never seen mortgage interest rates this low and in some cases it makes it cheaper to buy a home than continue to rent. If you are considering a short sale these low rates and increase in home prices may have a huge impact on your decision. Many banks are holding back on their housing inventory and allowing Roseville and Sacramento homeowners much more flexibility when working out a settlement plan. There are many big questions to be answered by Congress in 2013 that can also affect your real estate decision.

If you have any questions on your specific situation or the overall Roseville and Sacramento housing market please contact me soon to learn what your options are. Thank you for your time today and I look forward to hearing from you soon with any Roseville and Sacramento real estate questions.

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