Market Leaders Profile: Sacramento

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Data and information on the Sacramento remodeling market

October 01, 2009



Population: 2,109,832 (17.4 percent increase since 2000)

Existing home sales: Q2 2009 sales were up 4 percent from 2008 and up 7.1 percent from Q1

Home prices: Down 11.03 percent from 2008; down 11.63 percent over last 5 years

Homeownership rate: 65.8 percent (No. 46 among major metros)

Median household income: $58,480

Local unemployment rate: 11.8 percent (up from 7.2 percent in 2008)

Sources: FHFA House Price Index, Sacramento Association of Realtors, U.S. Bureau of Labor Statistics, U.S. Census Bureau 



RELATED LINKS

Podcast on the Sacramento market with Dave Hollars of Kitchen Mart



Foreclosure Rates Rise; 5 Cities with Most Foreclosures Identified 

 

Sacramento Business Journal: Region's home sales, prices rise 



Sacramento Bee: Deeper Sacramento housing crisis is forecast

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