Sacramento Housing Data Shows Strong Start to 2015

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Selling Your Home in Sacramento

“From open escrows to new homes sold, residential real estate saw a somewhat surprisingly strong January, according to several local trackers.

The number of open escrows for home sales jumped by 44 percent in the region compared to December, according to Trendgraphix. Seasonality might explain part of the trend, but not all of it, said Pat Shea of Lyon Real Estate.

Toward the end of 2014, the median home price stabilized at $300,000 to $310,000, and interest rates defied expectations and kept dropping, he said. “People saw no sense of urgency and took a break over the holidays,” he said.

But as the new year brought more good economic news locally as well as more progress in industrial leasing and downtown redevelopment, buyers decided the time to wait had passed, he said.

Appraiser Ryan Lundquist, who runs a blog tracking Sacramento County real estate trends, saw a…

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Report: Metro Detroit Tech Economy ‘Equal To All Of Silicon Valley’


CBS Detroit

By Edward Cardenas

DETROIT (CBS Detroit) – Metro Detroit’s technology economy is among the tops in the nation, according to Automation Alley’s Technology Industry Report.

The report, presented Thursday at Automation Alley’s Technology Industry Outlook at the Colony Club in Detroit, was compiled by the Anderson Economic Group of East Lansing. It bench marked the metro Detroit region against 14 other high-tech hubs across the nation.

“You have a technology industry in metro Detroit that is the equal to all of Silicon Valley,” said Patrick Anderson, who found Metro Detroit comparable in terms of number of jobs, employers and occupations. “Right now you have the technology weight of Silicon Valley right around you, and it has been building for the last 10 years.”

Detroit was measured against other regions across the country, including San Jose, Calif.; Seattle; Austin, Texas; Chicago; and Boston for job creation, business creation, innovation and education.

The report…

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