According to this post on Salon.com, in response to this SacBee story, Sacramento may be a bellwether for the housing market. After the median price for homes dropped 40%, sales are starting to pick up around here.

Additionally:

“The Sacramento Association of Realtors reported that 35.3 percent of sales in the county and in West Sacramento were for homes priced below $200,000 in April.”

I’m not at all surprised by that, are you?