American Chronicle - "Down Year for Sacramento Real Estate" (2-13-07)

The past year, 2006, marked the lowest volume of annual sales since 1999 with less than 47,000 new and existing houses and condominiums sold in the four county Sacramento area according to DataQuick. As reported in a Sacramento Bee story, “'06 housing stats tell a scary tale,” the inventory of available homes has dropped from August 2006 highs but still ended up with just about 11,000 homes on the market in the four county area."