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Tracy California Real Estate Update

Tracy Homes Listed For Sale - 921

Tracy Homes in escrow since April 1, 2008 - 84

Tracy Homes sold since April 1, 2008 - 25

Tracy homes owned by banks - 1119

Source: Metrolist Services, Inc. and RealtyTrac.com

Inventory levels for the week remain level while homes in escrow and homes sold show an increase. This is further evidence that buyers are coming out and making offers at current pricing levels. With FHA mortgage rates around 5 3/4%, now is a great time for long term buyers to get into a great home at the lowest prices in years.

Posted Friday Apr 11

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