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Folsom Home Sales Up – Rates, Inventory Down

Posted on: November 8, 2019

Folsom Sales Oct 2019

October home sales numbers are out, and the data shows that we’ve seen a rise in sales, while inventory and interest have fallen.

A reduction in inventory is no surprise, as this is the time of year when all but the most motivated sellers adopt the ‘wait til next year’ attitude. I think home owners have been conditioned to believe ‘no one buys’ at this time of year.

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Filed under: Folsom, Real Estate

Latest Folsom Housing Numbers Mixed

Posted on: October 11, 2019

Folsom Sales September 2019

Here we are into the fall, the weather is changing and so is the Folsom housing market.  There’s some good news and bad news, maybe depending on your perspective.

To the bad? Folsom home sales fell in September. Only 73 homes were sold, compared with 79 a year ago. Is that significant? Maybe, maybe not. It is an 8% drop, but we usually do see a tailing off in sales toward the end of the year, usually hitting bottom in December and January.

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Filed under: Real Estate