Excerpt from SacBee article:
There are more homes for sale, cash investors are dropping away, and huge year-over-year price increases are tapering off. But for many would-be homebuyers, the real estate market in the Sacramento region remains a challenge, with demand outstripping supply and lenders holding borrowers to tougher standards.
Those who try to buy an entry-level home without a good grasp of market conditions and lending rules are likely to grow frustrated and leave disappointed. That’s why the Sacramento Association of Realtors and the California Association of Realtors are hosting a homeownership fair on July 19. The event is meant to educate buyers about what to expect and how to have a better chance at success.
“Homebuyer education is key,” said Barbara LeBrecht, chairwoman of the Realtors’ Home Opportunity Committee and a broker with Langdon’s HomeBuyer’s Assistance Corp. in Gold River.
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