Second only to the Modesto real estate market, Sacramento area homeowners lost 25% of their total equity in the last two years. In the last two years the percentage of equity slipped from 57% to just 28%.
Considering that a big percentage of first-time zero equity buyers were included in the number from two years ago, the story of erosion is even more dramatic.
See Sacramento Bee
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There has a been a large drop in the value in the Sacramento area. If you have some questions about property taxes or want to figure out how much value you have lost in your property, we do 100%FREE evaluations for all. You can contact us at www.prop8.org. We are local here in Sacramento. We want to thank Tax Man for all of his amazing posts! Keep it!
Shane Barker
Co-Founder/CEO
www.prop8.org
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