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Autumn Months Show Decreased Sales, Median Price

FOR IMMEDIATE RELEASE: December 11, 2008
(RESIDENTIAL RESALE STATISTICS November 2008)

After a bout of increased sales driven by the abundant REO properties in recent months, the Sacramento Housing Market recorded a moderate decline in sales for the month of November. The following information, compiled by the Sacramento Association of REALTORS®, is collected from the MetroList® multiple listing services and covers Sacramento County and the City of West Sacramento.

November ended with 1,716 total closed escrows, an 18.4% decrease from the 2,103 sales recorded for October. Although down month-to-month, November 2008 sales reflect a 110.8% increase over the 814 closed escrows of the same month one year ago.

Continue reading: Autumn Months Show Decreased Sales, Median Price

SMS Text Messaging for Real Estate

It’s a pretty sure bet that you have a cell phone. What about text messaging, do you use it? If you don’t, consider yourself in a very small minority. Nielsen Mobile surveys shows that by the second quarter of 2008, text messages had exceeded the number of cell phone calls by an impressive margin.

And, if you think it’s all just teenagers who don’t buy or sell real estate, think again. The facts show that every age group up through 44 years old sent more text messages than they made cell phone voice calls. And it was close on the 45 to 54 group. The plain truth is that text messaging is becoming a wildly popular way to exchange information. And, huge marketers and retailers are now doing text message marketing to bring in consumers. You can actually get a coupon text message and show it in a restaurant for a discount.

Continue reading: SMS Text Messaging for Real Estate