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Folsom Home Prices Surge – Highest in 12 years

Posted on: May 9, 2018

Folsom hits $262

It’s time once again for a quick look at Folsom housing numbers.

The train keeps on rolling, and despite rising interest rates and low inventory, more buyers are jumping on board, and driving prices higher.

According to TrendGraphix,  for April 2018, Folsom home prices sold for an average of $262 per square foot.  That is the highest price per foot since April of 2006, when we topped out at $271 per.

Are they going to keep on rising? Is this a sign of the apocalypse? Should we expect prices to start falling?

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Filed under: Real Estate

Wine Tasting, Cars, Coffee, Antiques…

Posted on: April 20, 2018

heard around folsom logo 1

Spring has kicked into high gear, and this will be a great weekend to get out and celebrate it… Let’s start with our weekly car show. Did you know we’ve got one? That’s right, ‘Cars and Coffee’ happens every Saturday from 8am to 10am at the Palladio Center, and features classic cars from the 20’s and 30’s to modern times. It’s free and fun… Folsom Pickers has their big Antique and Vintage Market on Sunday. Pick up some  vintage, farmhouse, shabby hand crafted items, homemade, repurposed, furniture, home decor, collectibles and antiques, and much more… You know what’s across the street from there? Why, it’s Red Bus Brewing Company. They’re family friendly, you can bring your own food, or get a bite from one of the visiting food trucks. Oh, and they have beer… Do you prefer wine? Head on up to El Dorado County for the annual Passport Weekend. Get yourself a designated driver for this one, as your ticket gets you in to sample at 20 wineries. Each one unique, and with food and music, too…Me, I’ll be running in the annual Giant Race at Raley Field. Wish me luck… Being a Realtor, I’m going to be working, too. We’ve seen a slight increase in homes for sale in Folsom this week. We are sitting at 90 (plus 8 condos). Not enough for the demand, but slowly increasing… That’s it for now. Get out there and enjoy this little slice of paradise…