In The News

GREATER SACRAMENTO NEEDS MORE HOMES TO SELL

03/13/17 by Lyon Real Estate

Potential home sellers in Greater Sacramento real estate market face a golden opportunity to make their move in 2017. Buyers are snapping up homes at a rapid pace and seeing records lows for available inventory in all price points. This market information was presented by Lyon Real Estate based upon data provided by Trendgraphix Inc., a Sacramento-based reporting company.

Market-wide, inventory at the end of February was down to 2,554 homes active and available for sale. This number was 20 percent lower than one year ago and 37 percent lower than February of 2015. There is currently less than one month of inventory below $350,000 across the entire region. The current move up market -- homes priced between $350,000 and $750,000 -- isn’t much better, with only 1.3 months of inventory. Homes priced above $750,000 have fluctuated between 5-7 months of stock in this hot market era but dropped to 4 months by the end of February.

The number of properties available for sale however, is only one metric in the equation. The current rate of new pending sales is the other and currently, this is significant. Below $350,000, February saw 972 new pending sales, an 11 percent increase in sales compared to January. This was a 21 percent decrease compared to February of 2016, which is clearly due to the lack of available listings. The move-up market placed 1,025 homes into escrow last month which represented a 22 percent increase compared to January and a 9 percent increase versus February, 2016.

Properties above $750,000 across the region have joined the race as last month there were 121 new pending sales. This was more than double the number posted in January and 17 percent greater than February of last year. It was also the highest count since July.

All of these factors helped push the median price for February to $356,000, the highest since November. The median rested at $330,000 last year at this time and $320,000 in February of 2015.

“You probably have heard this a number of times,” says Pat Shea, president of Lyon Real Estate, “but right now is absolutely the best time for sellers to place their homes on the market. The beauty of spring is upon us and the Greater Sacramento Real Estate market is in full bloom. You will get your highest and best contract while making your move more swiftly and easily.”

About Lyon Real Estate

Lyon Real Estate is ranked the number one brokerage in annual home sales in the greater Sacramento region and has served the area for 70 years. In 2016, the company closed 7,688 transactions worth a total of $2.97 billion in sales volume. Lyon Real Estate has 945 agents in 17 offices located throughout the region. The company is a member of the Leading Real Estate Companies of the World®, the largest network of premier locally-branded firms, as well as LeadingRE’s Luxury Portfolio International® program. In addition to its real estate services, Lyon Real Estate offers RELO Direct, a global relocation program. For more information about Lyon Real Estate, click to GoLyon.com and follow us on www.facebook.com/LyonRealEstate

About TrendGraphix, Inc.

TrendGraphix, Inc. is a real estate reporting company based in Sacramento that uses local Multiple Listing Service (MLS) data to provide highly-visual market statistical graphs to real estate brokers, agents, and MLS/Realtor associations across the country. TrendGraphix’s programs are currently used by tens of thousands of agents in more than 250 brokerages in 48 states. For more information about TrendGraphix, visit www.trendgraphix.com.

BUSINESS AS USUAL IN GREATER SACRAMENTO HOME SALES

02/15/17 by Lyon Real Estate

The Greater Sacramento real estate market remained right on path during the month of January, as new pending sales jumped 17 percent after taking a slight dip in December. The 1,972 new escrows also marked a 4 percent increase over January of 2016 in spite of record rainfall, and indicate that another busy spring selling season is certainly on the way.

In the four-county area, 2,182 new listings hit the market last month. The high level of buyer demand however, combined with seasonally low listing activity over the past few months, kept standing inventory at its lowest level since March of 2013. This market information was presented by Lyon Real Estate based upon data provided by Trendgraphix Inc., a Sacramento-based reporting company.

Sacramento, Placer and Yolo Counties all ended January with less than 1.5 months of available inventory based upon the rate of sales. El Dorado County was left with 2.5 months, a very strong seller’s position by historical standards.

The region’s median price for closed sales in January rested at $340,000. This was the lowest since March of last year and continued a seasonal slide after peaking at $367,000 in June. “Sales activity in the move-up and upper-end price points typically softens over the winter months and places downward pressure on median and average sales prices. You can surely expect a rebound very soon,” states says Pat Shea, president of Lyon Real Estate.

“The best time to list your home is when inventory is historically low and buyer demand remarkably high,” said Shea. “You still want to price reasonably and prepare for excellent showing condition in order to attract your highest and best offer. The relative stability in our median price and certain influx of new inventory as spring draws near will keep the market very competitive in 2017.”

About Lyon Real Estate

Lyon Real Estate is ranked the number one brokerage in annual home sales in the greater Sacramento region and has served the area for 70 years. In 2016, the company closed 7,688 transactions worth a total of $2.97 billion in sales volume. Lyon Real Estate has 945 agents in 17 offices located throughout the region. The company is a member of the Leading Real Estate Companies of the World®, the largest network of premier locally-branded firms, as well as LeadingRE’s Luxury Portfolio International® program. In addition to its real estate services, Lyon Real Estate offers RELO Direct, a global relocation program. For more information about Lyon Real Estate, click to GoLyon.com and follow us on www.facebook.com/LyonRealEstate

About TrendGraphix, Inc.

TrendGraphix, Inc. is a real estate reporting company based in Sacramento that uses local Multiple Listing Service (MLS) data to provide highly-visual market statistical graphs to real estate brokers, agents, and MLS/Realtor associations across the country. TrendGraphix’s programs are currently used by tens of thousands of agents in more than 250 brokerages in 48 states. For more information about TrendGraphix, visit www.trendgraphix.com.

THE LYON CARES FOUNDATION GRANTS $5,000 TO STANFORD YOUTH SOLUTIONS

02/10/17 by Lyon Real Estate

The Lyon Cares Foundation announced today that Stanford Youth Solutions is the recipient of a $5,000 grant. Based in Sacramento, Stanford Youth Solutions is a non-profit that inspires sustainable change for young people and their families by empowering them to solve serious challenges together.

Operated by Lyon Real Estate, the Lyon Cares Foundation offers time, talent, and treasure to local nonprofits that make their communities a better place. Funds are raised through escrow and payroll contributions by Lyon agents and staff in addition to Lyon’s annual Coat Drive.

“We will be placing the funds directly into our Lifeline Fund,” said Carrie Johnson, Director of Development and Marketing. “Lifeline Funds help families focus on healing by meeting their basic needs. The grant will help provide food, clothing, shelter, transportation, school supplies, or social activities such as after-school programs.”

“It gives us great pride to give this grant to an organization that is involved in assisting those in need through actively engaging in our community.” said Lyon Real Estate President Pat Shea.

Each of Lyon’s 14 offices throughout Greater Sacramento will give a $5,000 grant to an organization of their choice. Lyon’s Agent Support Center chose Stanford Youth Solutions to be the recipient of their grant.

About Lyon Cares Foundation

The Lyon Cares Foundation provides time, talent, and treasure to local nonprofits that make their communities a better place. Our partner in giving is the Sacramento Region Community Foundation.

About Lyon Real Estate

Lyon Real Estate is ranked the number one brokerage in annual home sales in the greater Sacramento region and has served the area for 70 years. In 2016, the company closed 7,688 transactions worth a total of $2.97 billion in sales volume. Lyon Real Estate has 945 agents in 17 offices located throughout the region. The company is a member of the Leading Real Estate Companies of the World®, the largest network of premier locally-branded firms, as well as LeadingRE’s Luxury Portfolio International® program. In addition to its real estate services, Lyon Real Estate offers RELO Direct, a global relocation program. For more information about Lyon Real Estate, click to GoLyon.com and follow us on Facebook.com/LyonRealEstate

RESALE HOUSING SHORTAGE IN GREATER SACRAMENTO

01/09/17 by Lyon Real Estate

A record low 2,804 homes were left active and available for sale throughout the Greater Sacramento Region on December 31st as buyers remained very busy through the holiday season. The year-end inventory figure reflected 13 percent fewer properties available compared to this time last year and a 44 percent drop since July. It also marked the lowest resale inventory level in over 20 years outside of the distressed era when foreclosures, short sales and flippers were the norm.

Buyers showed their enthusiasm throughout the region at year end, as positive local economic news continued around the job market and affordability in spite of a small bump in mortgage interest rates. Closed escrows in the 4th quarter finished 4 percent higher than an already strong 4th quarter of 2015. New open escrows were 5 percent above last year for the quarter but more importantly, 18 percent higher in December versus last year. Realtor.com, Zillow and other national forecasters have labeled Greater Sacramento as one of the hottest housing markets in the nation heading into 2017. This market information was presented by Lyon Real Estate based upon data provided by Trendgraphix Inc., a Sacramento-based reporting company.

Regardless of the high volume of sales, the average sales price for the region has stabilized and averaged $394,000 for the past 6 months compared to $364,000 last year over the same time frame. This represents an approximate 9 percent increase compared to this time last year and demonstrates that all price points remain consistently active in the market.

Sacramento County continued to see the most activity, with 63 percent of the region’s sales in December and 53 percent of the remaining inventory. Placer County followed as typical, with 21 percent of the sales and 25 percent of the residual inventory. El Dorado and Yolo Counties trailed with 10 percent and 6 percent respectively of December sales as well as 15 percent and 7 percent of the remaining homes for sale. The average sales prices by county were: Sacramento $344,000, Placer $479,000, El Dorado $464,000 and Yolo $448,000.

“No seller should delay if they want to get their best offer into contract in the near future,” says Pat Shea, president of Lyon Real Estate. “Their competition is low and buyers are very eager to get a piece of the New California Dream - an excellent home value in Greater Sacramento.”

About Lyon Real Estate

Lyon Real Estate is ranked the number one brokerage in annual home sales in the greater Sacramento region and has served the area for 70 years. In 2016, the company closed 7,688 transactions worth a total of $2.97 billion in sales volume. Lyon Real Estate has 945 agents in 17 offices located throughout the region. The company is a member of the Leading Real Estate Companies of the World®, the largest network of premier locally-branded firms, as well as LeadingRE’s Luxury Portfolio International® program. In addition to its real estate services, Lyon Real Estate offers RELO Direct, a global relocation program. For more information about Lyon Real Estate, click to GoLyon.com and follow us on Facebook.com/LyonRealEstate.

About TrendGraphix, Inc.

TrendGraphix, Inc. is a real estate reporting company based in Sacramento that uses local Multiple Listing Service (MLS) data to provide highly-visual market statistical graphs to real estate brokers, agents, and MLS/Realtor associations across the country. TrendGraphix’s programs are currently used by tens of thousands of agents in more than 250 brokerages in 48 states. For more information about TrendGraphix, visit www.trendgraphix.com.

HOUSING INVENTORY TUMBLES IN GREATER SACRAMENTO

12/12/16 by Lyon Real Estate

(SACRAMENTO, CA) – The number of active and available homes for sale throughout Greater Sacramento declined a hefty 18 percent since October and currently stands 11 percent below last year at this time. Market demand, measured by the rate of new pending sales, reflected a mere 1.6 months of remaining home supply on December 1st. This market information was presented by Lyon Real Estate based upon data provided by Trendgraphix Inc., a Sacramento-based reporting company.       

A total of 2,242 resale homes went under contract as pending sales, while 2,160 were posted as sold and closed across the entire region for the month of November. Both sales categories reflect single digit decreases when compared to October figures but also exhibit a normal seasonal adjustment in buyer activity. More notable however, is that sold units were up 14 percent and new pending sales 12 percent when compared to November of 2015. 

The average home sales price of $394,000 and median sales price of $356,000 for the region in November both reflect an eight percent increase compared to this time last year. A current level of price stability is evident though, as the average sales price has toggled steadily between $393,000 and $397,000 over the previous five months.

The move-up and upper-end markets remained exceptionally active over the past three months. Specifically, the $400,000 to $750,000 price range enjoyed a 30 percent increase in closed sales and a 25 percent increase in pending sales versus last year at this time. For homes priced greater than $750,000, there was a 22 percent increase in closed units and a 44 percent increase in new open sales over the same period. 

“There is no doubt that Greater Sacramento remains one of the hottest housing markets in the country,” says Pat Shea, president of Lyon Real Estate. “Buyer demand and the rapid rate of sales show no indication that a cooling is anywhere in sight. The anticipated bump in mortgage rates may be fanning the 4th quarter flames, but rest assured that our housing market heat will remain on high for 2017.”

About Lyon Real Estate

Lyon Real Estate is ranked the number one brokerage in annual home sales in the greater Sacramento region and has served the area for 70 years. In 2015, the company closed 7,903 transactions worth a total of $2.87 billion in sales volume. Lyon Real Estate has 945 agents in 17 offices located throughout the region. The company is a member of the Leading Real Estate Companies of the World®, the largest network of premier locally-branded firms, as well as LeadingRE’s Luxury Portfolio International® program. In addition to its real estate services, Lyon Real Estate offers RELO Direct, a global relocation program. For more information about Lyon Real Estate, click to GoLyon.com and follow us on Facebook.com/LyonRealEstate

About TrendGraphix, Inc.

TrendGraphix, Inc. is a real estate reporting company based in Sacramento that uses local Multiple Listing Service (MLS) data to provide highly-visual market statistical graphs to real estate brokers, agents, and MLS/Realtor associations across the country. TrendGraphix’s programs are currently used by tens of thousands of agents in more than 200 brokerages in 40 states. For more information about TrendGraphix, visit www.trendgraphix.com.

HOME BUYERS STILL BUSY IN GREATER SACRAMENTO

11/14/16 by Lyon Real Estate

(SACRAMENTO, CA) – During the month of October, 2,620 resale homes went under contract across the Greater Sacramento Region. That figure reflected a 3 percent increase over September numbers and an 11 percent increase compared to October of 2015. Last month’s new pending sales also continued what is now an 8-month run of new open escrows above the 2,500 mark. By comparison, the prior 6-month period posted an average of 2,081 news sales per month. This market information was presented by Lyon Real Estate based upon data provided by Trendgraphix Inc., a Sacramento-based reporting company.    

The number of active and available homes for sale however, dropped 9 percent since September and 10 percent compared to October of last year. This left market potential over the next few months in question with 1.7 months of inventory available market wide based upon the rapid rate of pending sales. Sacramento and Yolo counties have been exceptionally tight with inventory for months but now Placer and El Dorado counties have followed suit and remain at their lowest levels since May.

The $750,000 and above price point remained remarkably busy over the past 3 months; 360 properties were placed under contract as new pending sales and 343 were posted as sold and closed. These totals represented a 25 percent increase in both categories versus last year at this time. Inventory based upon the rate of new open sales is currently 5.5 months, the lowest since April.

The consistently scarce condominium segment was left with just 269 properties available for sale. This represents less than 1 month of inventory based upon the rate of pending sales. The average sales price was $211,000 compared to $180,000 in October of 2015, signifying even greater pain for entry level buyers. The average number of days on the market was 24.

“Anyone considering selling their home whether moving up, downsizing or changing locations should think about it right now,” says Pat Shea, president of Lyon Real Estate. “Buyers remain very eager to take advantage of the excellent values throughout the entire region. The average sales price has hovered around $395,000 for four straight months and interest rates remain in everyone’s favor. We can never be certain of what changes the New Year might bring.”

About Lyon Real Estate

Lyon Real Estate is ranked the number one brokerage in annual home sales in the greater Sacramento region and has served the area for 70 years. In 2015, the company closed 7,903 transactions worth a total of $2.87 billion in sales volume. Lyon Real Estate has 945 agents in 17 offices located throughout the region. The company is a member of the Leading Real Estate Companies of the World®, the largest network of premier locally-branded firms, as well as LeadingRE’s Luxury Portfolio International® program. In addition to its real estate services, Lyon Real Estate offers RELO Direct, a global relocation program. For more information about Lyon Real Estate, click to GoLyon.com and follow us on Facebook.com/LyonRealEstate

About TrendGraphix, Inc.

TrendGraphix, Inc. is a real estate reporting company based in Sacramento that uses local Multiple Listing Service (MLS) data to provide highly-visual market statistical graphs to real estate brokers, agents, and MLS/Realtor associations across the country. TrendGraphix’s programs are currently used by tens of thousands of agents in more than 200 brokerages in 40 states. For more information about TrendGraphix, visit www.trendgraphix.com.

RESALE INVENTORY SLIPS IN GREATER SACRAMENTO

10/13/16 by Lyon Real Estate

A meager 4,828 homes were left active and available for sale throughout the Greater Sacramento Region on September 30th with no evidence that buyer demand is waning. That inventory number reflected 7 percent fewer properties available on the market compared to this time last year. Even though seasonal decreases in inventory are normal, last September started what would become a precipitous 40 percent plunge in inventory by February of 2016. This market information was presented by Lyon Real Estate based upon data provided by Trendgraphix Inc., a Sacramento-based reporting company.

Buyer demand however, is a vastly different story, as new open escrows finished 7 percent better in the third quarter versus 2015. More importantly, September’s new escrows were 17 percent higher than those posted in August, indicating no immediate fall-off in buyer demand. Sustained momentum is further evidenced by noting that 32 percent more new open escrows were posted in the past six months than the prior.  

Regardless of the high volume of sales, the median sales price for the region has stabilized and averaged $357,000 for the past 3 months. This represents an approximate 9 percent increase compared to this time last year. The average sales price was $395,000, an 8 percent lift versus the third quarter of 2015.

The entry level, defined as up to $400,000 held 2,245 or 45 percent of the remaining homes for sale at month-end. This marked 1.2 months of inventory based on the rapid rate of sales. The move-up market, now considered the $400,000 to $800,000 price range, held 1,993 properties or 2.1 months of inventory.  Less than 4 months of inventory is widely regarded a seller’s market.

“The 4th quarter is often one of the very best times to have a home on the market and ironically many sellers drop off or delay listing until sometime after the New Year,” says Pat Shea, president of Lyon Real Estate. “Homes look their very best due to holiday detailing and decorating. Buyers that are actively looking during the holiday and winter season are always serious and not just recreational shoppers. Currently, there is continued speculation of rising interest rates so buyers are eager to get into contract. No seller should delay if they want to get their highest and best offer into contract in the near future.”

About Lyon Real Estate

Lyon Real Estate is ranked the number one brokerage in annual home sales in the greater Sacramento region and has served the area for 70 years. In 2015, the company closed 7,903 transactions worth a total of $2.87 billion in sales volume. Lyon Real Estate has 945 agents in 17 offices located throughout the region. The company is a member of the Leading Real Estate Companies of the World®, the largest network of premier locally-branded firms, as well as LeadingRE’s Luxury Portfolio International® program. In addition to its real estate services, Lyon Real Estate offers RELO Direct, a global relocation program. For more information about Lyon Real Estate, click to GoLyon.com and follow us on Facebook.com/LyonRealEstate

About TrendGraphix, Inc.

TrendGraphix, Inc. is a real estate reporting company based in Sacramento that uses local Multiple Listing Service (MLS) data to provide highly-visual market statistical graphs to real estate brokers, agents, and MLS/Realtor associations across the country. TrendGraphix’s programs are currently used by tens of thousands of agents in more than 200 brokerages in 40 states. For more information about TrendGraphix, visit www.trendgraphix.com.

THE LYON CARES FOUNDATION GRANTS $5,000 TO WIND YOUTH SERVICES

09/28/16 by Lyon Real Estate

The Lyon Cares Foundation announced today that Wind Youth Services is the recipient of a $5,000 grant. Wind Youth Services is a local charity that provides homeless and at-risk youth between the ages of 12 and 24 with basic safety net and survival services, a safe place to stay, and access to on-going support services.

Operated by Lyon Real Estate, the Lyon Cares Foundation offers time, talent, and treasure to local nonprofits that make their communities a better place. Funds are raised through donations by Lyon agents and staff throughout the year in addition to Lyon’s annual Charity Golf Tournament.

Each of Lyon’s 14 offices throughout Greater Sacramento will give a $5,000 grant to an organization of their choice in 2016. Lyon’s Downtown office chose Wind Youth Services to be the recipient of their grant.

“Wind Youth Services is honored to receive ongoing support from the Lyon Cares Foundation,” said Scott Gregory, Board of Directors member. “Community partners like Lyon Real Estate help us so that we can continue to provide housing and survival necessities to homeless youth in our community.”

Lyon’s Downtown office has been a long-time supporter of Wind Youth Services, providing three cash grants over the past 12 months totaling $15,000.

“It gives us great pride to be able to provide positive change in the lives of the individuals that Wind Youth Services helps through the Lyon Cares Foundation,” said Lyon Real Estate president Pat Shea.

About Lyon Cares Foundation

The Lyon Cares Foundation provides time, talent, and treasure to local nonprofits that make their communities a better place.  Our partner in giving is the Sacramento Region Community Foundation.

About Lyon Real Estate

Lyon Real Estate is ranked the number one brokerage in annual home sales in the greater Sacramento region and has served the area for 70 years. In 2015, the company closed 7,903 transactions worth a total of $2.87 billion in sales volume. Lyon Real Estate has 945 agents in 17 offices located throughout the region. The company is a member of the Leading Real Estate Companies of the World® (LeadingRE), the largest network of premier locally-branded firms, as well as LeadingRE’s Luxury Portfolio International® program. In addition to its real estate services, Lyon Real Estate offers RELO Direct, a global relocation program. For more information about Lyon Real Estate, click to www.GoLyon.com and follow us on Facebook/LyonRealEstate.

THE LYON CARES FOUNDATION GRANTS $5,000 TO ONLY KINDNESS

09/28/16 by Lyon Real Estate

The Lyon Cares Foundation announced today that Only Kindness, Inc. is the recipient of a $5,000 grant. Only Kindness, Inc. serves vulnerable individuals, veterans and families who are disadvantaged or disabled, who need help with resources, disability advocacy and more. Only Kindness, Inc. plans to create a mobile care distribution center with this donation.

Operated by Lyon Real Estate, the Lyon Cares Foundation offers time, talent, and treasure to local nonprofits that make their communities a better place. Funds are raised through donations by Lyon agents and staff throughout the year in addition to Lyon’s annual Charity Golf Tournament.

Each of Lyon’s 14 offices throughout Greater Sacramento will give a $5,000 grant to an organization of their choice in 2016. Lyon’s Cameron Park office chose Only Kindness, Inc. to be the recipient of their grant.

“Only Kindness is grateful for the support that we receive,” said Rene Evans, president. “With donations such as this one, we are able to continue improving our outreach.”

“It gives us great pride to support an organization dedicated to helping at-risk disabled families and veterans,” said Lyon Real Estate president Pat Shea.

About Lyon Cares Foundation

The Lyon Cares Foundation provides time, talent, and treasure to local nonprofits that make their communities a better place.  Our partner in giving is the Sacramento Region Community Foundation.

About Lyon Real Estate

Lyon Real Estate is ranked the number one brokerage in annual home sales in the greater Sacramento region and has served the area for 70 years. In 2015, the company closed 7,903 transactions worth a total of $2.87 billion in sales volume. Lyon Real Estate has 945 agents in 17 offices located throughout the region. The company is a member of the Leading Real Estate Companies of the World® (LeadingRE), the largest network of premier locally-branded firms, as well as LeadingRE’s Luxury Portfolio International® program. In addition to its real estate services, Lyon Real Estate offers RELO Direct, a global relocation program. For more information about Lyon Real Estate, click to www.GoLyon.com and follow us on Facebook/LyonRealEstate.

ENDLESS SUMMER FOR GREATER SACRAMENTO REAL ESTATE

09/13/16 by Lyon Real Estate

Buyers continue to apply unyielding pressure on the resale housing market across the entire Greater Sacramento region. New open escrows for the month of August totaled 3,064, 19 percent higher than August of 2015. That open escrow number also represented the highest number in any given month since April of 2012, when the median price was $195,000 and institutional investors were prolific in the market. The median price for all closed escrows during the month of August came in at $359,000, slightly down from the recent peak of $367,000 reached in June.

Voracious buyer demand and our persistently low level of inventory left the region once again with a remarkably scarce, 1.8 months of inventory at month-end. Sold and closed escrows totaled 2,726 during August which was second only to June for most closed sales over the past 12 months. This market information was reported by Lyon Real Estate based upon data provided by Trendgraphix Inc., a Sacramento-based reporting company.

As is typical, Placer County saw the highest average list price at $699,000 and the highest average sold price at $474,000. There were 558 closed sales in Placer during the month of August. El Dorado and Yolo Counties experienced $466,000 and $462,000 average sales prices respectively. El Dorado County closed 272 properties and had the highest remaining inventory at 2.9 months based upon the current rate of closed sales. Yolo County logged 192 closed sales for the month and was left with 1.4 months of inventory at month-end.

Sacramento County posted 1,704 closed sales with the lowest average sales price for the region at $356,000. The higher number of more affordable homes was met with the highest buyer demand leaving the county yet again with a sparse inventory level of 1.6 months.

“The number of quality, new listings coming to market just cannot keep up with the steady stream of buyers eager to purchase a home somewhere in Greater Sacramento,” says Pat Shea, president of Lyon Real Estate. “It’s even tighter than most people realize, since 95 percent of our sales are currently below $750,000 with only 83 percent of our inventory in that space. Homes that are priced, positioned and marketed well will continue to sell in short order.”

About Lyon Real Estate

Lyon Real Estate is ranked the number one brokerage in annual home sales in the greater Sacramento region and has served the area for 70 years. In 2015, the company closed 7,903 transactions worth a total of $2.87 billion in sales volume. Lyon Real Estate has 945 agents in 17 offices located throughout the region. The company is a member of the Leading Real Estate Companies of the World®, the largest network of premier locally-branded firms, as well as LeadingRE’s Luxury Portfolio International® program. In addition to its real estate services, Lyon Real Estate offers RELO Direct, a global relocation program. For more information about Lyon Real Estate, click to GoLyon.com and follow us on Facebook.com/LyonRealEstate

About TrendGraphix, Inc.

TrendGraphix, Inc. is a real estate reporting company based in Sacramento that uses local Multiple Listing Service (MLS) data to provide highly-visual market statistical graphs to real estate brokers, agents, and MLS/Realtor associations across the country. TrendGraphix’s programs are currently used by tens of thousands of agents in more than 200 brokerages in 40 states. For more information about TrendGraphix, visit www.trendgraphix.com.

 

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