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Sacramento-area home sales remain sluggish

Larry Doss Saturday, August 22, 2009
News Sacramento-area home sales remain sluggish

Sacramento-area home sales remain sluggish

By Jim Wasserman
jwasserman@sacbee.com

http://www.sacbee.com/business/story/2130021.html


Sales of existing homes in the Sacramento area climbed 2.6 percent from June to July – far short of the surprising 7.2 percent rise nationally that sent stocks soaring Friday.

A July report showed sales of 3,495 existing homes in Amador, El Dorado, Nevada, Placer, Sacramento, Sutter, Yolo and Yuba counties, according to San Diego-based researcher MDA DataQuick.

Buyers also closed escrow on 320 new homes to pu... Read more

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