A look at REOs & Short Sales: Is the Sacramento real estate market getting healthier?

How is the Sacramento real estate market doing? Is it getting better or worse? Are there more bank-owned sales right now than in recent years? There are so many indicators for the health of a real estate market, but let’s take a look at the percentage of bank-owned foreclosure sales (REO) vs. short sales. What do you see? What stands out to you? Any good news here? What might this mean for property taxes in the coming year?

* Data is based on Sacramento MLS for all single family detached properties in Sacramento.