Over the past few days I have been exchanging information with realtors around the State and across the country using Twitter.  The standard question is how is the real estate market in your area?  Almost everyone I have talked to says the upper end of their markets is slow but the lower price levels remain active.  That is clearly the case here in the Sacramento/Roseville market. 

Our short sales in the Sacramento area that are under $300,000 have been very active and a recent listing in Citrus Heights that was under $200,000 had so many showings and offers we had to change the instructions in MLS to slow the flow.  Homes priced above $500,000 remain difficult to get showings and offers. 

Another indication of the market is investors and for the most part the Realtor’s I talked with in California are not seeing much interest from investors.  During the summer we started to get a few calls from investors who wanted to start looking in the Sacramento area but when the financial crisis became a media circus these calls stopped.  I suspect was the weather improves, we will see some investor interest.

If you are not familiar with Twitter check it out at www.twitter.com.  If you end up joining the thousands of other who are using twitter, follow me at twitter.com/JulieJ and I will follow you back.