If you’ve seen, or experienced the increase of families moving away from the San Francisco Bay Area up north towards our State’s capital, Sacramento, you’d think that it’s a great time to purchase or invest into the Sacramento market.

Yet, if you’ve talked or read the Sacramento region’s new-home builders reports, you would have found that “new-home” sales have declined by 25 percent in the month of April compared to the same this last year.

590 homes were sold in April 2007, compared to the 787 that were sold in April 2006 from the California Building Industry Association and the Hanley Wood Market Intelligence.

If you’re a homeowner thinking about purchasing property in the Sacramento “new-homes” region or are a home owner in Sacramento, early figures are showing that the price is sliding downwards.

Is it going to last? Is this a correction of the market? It’s too early to tell, but keep your eye here for more updates and information.

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