Another Article about Folsom…And Some Recent Sales Stats Too…

From the Sacramento Bee – Real Estate Section – August 2, 2014

I thought I’d pass this on in case you don’t get the Sacramento Bee.   As a 25 year resident of Folsom, I can tell you that this is old news but it’s nice to read about your town.    Take a look at the article below.

Schools get high marks from residents

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Below is some recent Sales Data that I think you might find interesting.

Folsom Real Estate Sales Data

Average Listing Price (last 12 months)

AVERAGE LIST PRICE IN JULY

Single Family Homes    $517,478       Condos/Townhomes    $250,659     Multi­family  Homes   $694,667

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Folsom Real Estate Sales Data

Days on Market (last 12 months)

CURRENT AVERAGE DAYS ON MARKET IN MAY

Single Family Homes  –  90,   Condos/Townhomes – 92,      Multi-family Homes –  86

In the Mean Time…?

Make it a Great Day…!

Ed Favinger, Broker CRS, GRI, SFR, CDPE    916-203-1260   favinger@rwnetwork.com

We Need Jobs In The Sacramento Region – Looks Like More Could Be on The Way…?

Check out this report regarding large office space..!

When I’ve been approached by people curious about the Real Estate market in Folsom, El Dorado Hills and the rest of the Greater Sacramento Region and what they think the future is…. well,  the answer has always been…”depends on the job market”.

If you don’t have good paying jobs, you’re not going to have a flourishing market of homes, apartments and other types of Real Estate.   There’s a nice array of jobs along the “50 corridor” from El Dorado Hills, Folsom and Rancho Cordova… from Hi-tech start ups, Intel and the Rocket Ship factory over at Areojet.   We need more private sector jobs to keep the momentum growing.

While I know the market in Single Family homes and Apartments has been good of late, there’s some mixed news about Office space.   This does affect housing.

Take a look at this article I got from the Sacarmento Business Journal today.

Sacramento office market tight for big users

Let me know what you think.

 

In the Mean Time…?

Make it a Great Day..!

Ed Favinger, Broker CRS, GRI, SFR, CDPE     916-203-1260      favinger@rwnetwork.com

 

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Just a Quick Update – Some Area Real Estate News…

Check Out This Short Article…Shows How the Demand Has Changed

I thought I’d pass on this article from the Sacramento Business Journal that reports on a couple of projects.  One in Mid-Town Sacramento and one up on Lake Tahoe.

Both of these projects were impacted by the real estate crash and recession and were turned over to new owners because of foreclosure.

Luxury products in Tahoe, midtown selling well

We’re seeing more and more articles like this.

Here in Folsom, inventory is still down and homes selling fairly quickly.

If you are thinking of Buying a home or investment property or thinking of Selling…?  Looks it’s a great time to do it.

 

In the mean time…?

Make it a Great Day…!

Ed Favinger, Broker, CRS, GRI, SFR, CDPE        favinger@rwnetwork.com   916-203-1260

 

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Home-Financing Trends….

Check This Out…!

Home_Financing_Trends

In the Mean Time…?

Make it a Great Day…!

Ed Favinger, Broker, CRS, GRI, SFR, CDPE     favinger@rwnetwork.com     916-203-1260

Amgen Tour of Californai is coming to Folsom

It’s the Time Trial on May 12th..

Check out the article below from today’s Sacramento Business Journal

2014_ATOC-Detailed_Map

 

 

 

 

Second stage of Amgen Tour of California loops Folsom

Should be interesting to watch since it starts about 1PM…

 

 

 

In the mean time…?

Make it a great day…!

Ed Favinger, Broker, CRS, GRI, SFR, CDPE       favinger@rwnetwork.com   916-203-1260

 

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