Comparatively affordable prices have kept new-home sales strong too, he said. He's a broker at Century 21 Professional in Sacramento. We just had our first deal fall out because of an Internet employee losing his job, so there are impacts coming. It's very indicative of the cycle we go through. Margin people get nervous.
Middle employees get cautious.
If you have supply going up and demand going down, you lower your prices. Wright said properties in the Placer, South Placer, Cameron Park, El Dorado Hills, and Sacramento's Fabulous 40s will be affected first, because there are fewer buyers for the upper-end market. Earliest info on new businesses, homeowners HireSacramento Fill an opening, find a job Insurance Center Covering the needs of small business owners Legal Center Hundreds of business legal tools Office Products Special deals on equipment, supplies. Classifieds Search for business services, real estate and career opportunities.