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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

Latest Folsom Real Estate Statistics – 2nd Quarter 2014…!!!

 Some interesting numbers here…

I thought I’d post the information from Trengraphix Inc. for your review.  From what I can see here,  it looks like anything over about $500,000 is taking a little longer to sell.

This information is for Single Family Homes only.

The graph below shows the Average Price Per Sq. Ft.,  which looks like it’s holding steady now north of $200 per sq. ft.

TGChartImage

 

The Graph Below shows the “for sale” and “solds”… You’ll notice the Closed Sales are below that $500, 000 threshold.

TGChartImage (3)

The following graph shows the “Average Days On Market” and the List Price/Sales Price Ratio.  

TGChartImage (2)

 

If you want more information about the market you can always send me a note at favinger@rwnetwork.com.

In the Mean Time…?

Make it a Great Day..!

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

Empire Ranch – The Latest Sales Data – Get it Here…!

Market Still Looks Good.

I have put together some sales information regarding the Empire Ranch Area that I thought I’d share with you.empire ranch

A quick glance shows that the “Pending Sales” and the “Sold and Closed” deals have about the same Cost/Per Sq.Ft and about the same number of “Days On Market”.

Another thing that pops out is the List Price/Sales Price Ratio is right at 100%.

The sales data is from April 1, 2014 to date June 11, 2014.

Single family detached homes are the only type Properties included in this report.

CLICK HERE TO GET THE REPORT IN A PDF FORMAT

We have buyers looking to move into the area, so if you are thinking of selling or know of someone thinking about it… please drop me a note or call me at anytime.

 

In the Mean Time…?

Make it a Great Day…!

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

When is the Right Time for Investing in Property..?

This has always been a great question.

cash flow investments

 

Take a peek at this article I found that has some things to watch out for when “investing” in Real Estate.   Not a long read and has some good incites.

There’s a lot to consider besides “location” which is probably the biggest thing.

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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Want Some Ideas on Landscaping…?

Check Out The Folsom Garden Club’s Annual “Garden Tour”.

I am amazed at some of the ideas people come up with in landscaping their yards and patios.

The one thing that stood out to me after reading my first landscaping DIY “how to book” from Home Depot, was the reason why people do landscaping.   That is…”landscaping is an extension of the living area”.

So if you are looking at doing some landscaping, whether it is a large project or a small enhancement, why not take in the Folsom Garden Club, 14th annual Garden Tour coming up April 26th and 27th.  It’s a charity event and proceeds go to various scholarships and grants and you’ll get some good ideas about what you might like in your own place.

Here’s a video below of last years tour

 

https://www.youtube.com/watch?feature=player_embedded&v=MD72ybSkjQw

 

In the Mean Time…?

Make it a Great Day…!!!

Ed Favinger, Broker, CRS, GRI, SFR, CDPE

 

 

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Take a Peek at the Top Ten Creative Home Ideas

Some of these are very interesting…but would you want to live next to one of them..?

 

upsidedownhouse

 

I got this link from another website and thought I’d share this with you.

 

CLICK ON THE PICTURE TO GET THE SLIDE SHOW.

 

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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Empire Ranch Sales Stats – Get Them Here…!

It’s Still A Good Market…!!!

I thought I’d pass on the most recent numbers for Empire Ranch here today.   These stats are from Jan. 1st to date, March 19th.

empire ranch comps in jpeg

As you can see there’s not a lot of inventory available so if you are thinking of Selling, now might be the time.  If you noticed,  it looks like Sellers aren’t coming down much if they have priced there homes right.  With a List Price/Sales Price ratio of 99.14% it kind of speaks for itself doesn’t it..?

You’ll notice the “Active” homes for sale have a higher Average List Price because there are a couple of high end homes for sale that are included.

If you’d like more information about your home, drop me a note or call me at anytime.   You can also sign up for “market snapshot” to the right here and get updated information as well.

In the Mean Time…

Make it a Great Day…

Ed Favinger, Broker CRS, GRI, SFR, CDPE    916-203-1260      favinger@rwnetworkcom

 

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If You Live in Folsom and Want to Sell…?

Your Home Has a lot of what Buyer’s are looking for,  according to the California Association of Realtors.

WhatDoYouWantInANeighborhood

 

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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