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May Continues with Increased Escrows; REO Properties Pull Prices Down

FOR IMMEDIATE RELEASE: June 12, 2008
(RESIDENTIAL RESALE STATISTICS May 2008)

Following the central valley climate, the Sacramento residential resale market continues to heat up, showing increased sales, a declining inventory and prices making homes ripe for the picking. The following information, compiled by the Sacramento Association of REALTORS®, is collected from the MetroList® multiple listing service [...]