NORTH STATE BIA POSTS OCTOBER SALES NUMBERS
ROSEVILLE - A total of 250 new homes were sold during October in the greater Sacramento region, the North State Building Industry Association reported today. The sales were reported in 148 subdivisions in the six-county Greater Sacramento region from Marysville and Yuba City in the north to Galt in the south. In addition, 10,782 people visited active new-home communities last month.
BIA President and CEO Michael Strech said the sales and traffic figures are in line with a cyclical slow down that is typical for the fall.
Home sales were down in October, but we expect to see a seasonal slow-down in the fall. Our members are reporting quality traffic which suggests that while the market may be leveling off, there are still plenty of homebuyers eager to find new homes.
" Strech said.