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Folsom Home Sales Drop 30% – Dip or Blip?

Posted on: September 14, 2017

Folsom Sales August 1

Folsom home sales declined sharply in August, closing only 74 units, compared to 105 in July, and 105 for August 2016.

What’s the cause?  I’m not quite sure. Interest rates remain low, as does unemployment, and the experts say the economy is steadily improving.

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Filed under: Folsom, Real Estate

Folsom’s Low Housing Inventory Caused by a Perfect Storm

Posted on: May 9, 2017

 

3d image of house with graph falling

You hear it everywhere you go, “Housing inventory is at record lows”, and “it’s a seller’s market”.

It’s frustrating with buyers and agents alike. When submitting an offer to a listing agent, I told that was the fifth offer I’d written for that client. She replied, “That’s nothing. I wrote 16 offers for one buyer!”

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Filed under: Folsom, Real Estate