Doug Reynolds, a Sacramento Area Realtor, discusses the local real estate market while looking back at 2011. He highlights the flat median sales price, extremely low inventory, buyer competition, high sales volume and the current "Price Sensitive Sellers Market." This is a great video for buyers are sellers to get a quick update on what happened during 2011 in the local market. Remember, real estate is mostly a local issue; you cannot listen to the national news and trust that is what is happening in your market. Connect with Doug Reynolds on Facebook, follow his informative blog and subscribe to his YouTube channel.