The Worst May Be Over!

Let's be honest: it has been a rotten market for the last couple of years.

With prices falling precipitously and mortgage markets drying up on a daily basis the business has become, in three words, not much fun.

In this market we always look for positive signs; and we are beginning to see such indicators. Inventories, that is, the total number of "for sale" properties on the market over a specific length of time, are down dramatically. Bank-owned (REO) listings are falling rapidly. Mortgage lenders have become more in tune with the"short sale" dynamics and are heading off foreclosure proceedings through this process. Overall, prices are levelling and, in some cases, rising ever-so-slightly.

American River Real Estate is very proud to feature a good blend of so-calld "distressed" homes as well as many traditional "equity" listings. Look through our availables, select one of our professional agents, and call us to start the ball rolling. Time is quickly running out!