Folsom is a bright spot in the real estate market. There is an excellent selection to choose from with 285 active listings of single family homes - down from 302 just 2 weeks ago.  Prices range from $199,900 for a 3 Bed/2 Bath to a 4000 sq ft custom home in Hillcrest with pool for $1,399,000. There are 100 homes in Folsom priced under $400,000 showing the affordability of living in this much sought after area.There are 120 pending sales - another big increase - with average days on the market at 53 which is an excellent statistic for a seller.  There are 160 sold listings in the last 3 months indicating great turnover activity.  Average days on the market for sold listings are 52. Average list price to sale price has increased again to 96.7%.    05/02/2008

Folsom, CAReal Estate Stats for April 14, 2008 Condos For Sale in Folsom, CA 37 Condos for sale priced from $225,000 to $549,000; 10 are Short Sales. Residential Income Real Estate For Sale in Folsom, CA 7 for sale priced from $325,000 to $560,000; 0 are Short Sales. Single Family Residential Real Estate For Sale in Folsom, CA 48 for sale priced from $199,999 to $299,000; 13 are Short Sales; 7 are Bank Owned. 98 for sale priced from $300,000 to $399,000; 26 are Short Sales; 8 are Bank Owned. 74 for sale priced from $405,000 to $499,000; 12 are Short Sales; 4 are Bank Owned. 52 for sale priced from $505,000 to $599,000; 5 are Short Sales; 3 is Bank Owned. 29 for sale priced from $609,900 to $699,000; 2 are Short Sales; 1 are Bank Owned. 13 for sale priced from $700,000 to $795,000; 5 are... 04/14/2008

Folsom, CAReal Estate Stats for March 3, 2008Condos For Sale in Folsom, CA35 Condos for sale priced from $225,000 to $549,000; 10 of the 35 are Short Sales. Residential Income Real Estate For Sale in Folsom, CA7 for sale priced from $399,900 to $599,000; 2 of the 7 are Short Sales.Single Family Residential Real Estate For Sale in Folsom, CA12 for sale priced from $239,900 to $300,000; 4 are Short Sales; 2 are Bank Owned.79 for sale priced from $305,000 to $400,000; 25 are Short Sales; 7 are Bank Owned.78 for sale priced from $405,000 to $500,000; 20 are Short Sales; 6 are Bank Owned.38 for sale priced from $505,000 to $600,000; 3 are Short Sales; 1 is Bank Owned.42 for sale priced from $609,900 to $700,000; 5 are Short Sales; 3 are Bank Owned.14 for sale priced from $735,000 to $800,000... 03/03/2008

   The National Association of Realtors' Profile of Home Buyers and Sellers for 2007 reveals some important secrets Realtors can't afford to ignore. Here's the inside scoop.1. "Location, location, location" is still trueWhile people may debate what really matters most to homeowners, NAR's research shows that the number one concern for all buyers (65 percent of all respondents) is "quality of the neighborhood." Coming in second (50 percent) was "convenience to work," while "overall affordability of homes," "convenience to friends and family" and "quality of the school district" rounded out the top five.The quality of the neighborhood was most important to married couples (68 percent), whereas single males were not nearly as concerned (56 percent). When working with buyers, be sure to exp... 01/30/2008

Inventory of homes for sale in Folsom are decreasing monthly.  There is still excellent selection to choose from with 319 active listings of single family homes in Folsom.  Prices range from $267,900 for a 3 Bed/2Bath to $1,500,000 for a 7200 sq ft custom home on just under 1/2 acre in American River Canyon. There are 77 homes in Folsom priced under $400,000 showing the affordability of living in this much sought after area.There are 57 pending sales with average days on the market at 59 which is an excellent statistic for a seller.  There are 143 sold listings in the last 3 months indicating very good turnover activity.  Average days on the market for sold listings are 56. Average list price to sale price is 95.7%. 01/08/2008

For more information on these homes go to:  http://www.BuySellHomesFolsom.com Listings as of 01/06/08 at 3:41pm Property Type: ResidentialListing #DOMListing PricePrice / SqFtAddressBedsAreaCity & ZIPStatusTypeSelling PriceSP % LPListing OfficeBathsLot SzApprox Square Feet 70064498157129,900184.78240 Natoma Station Dr #23110630Folsom 95630-7974Active 06/15/07CNDOCapital RE Grp, Bett1 (1 0)70370095064123179,900144.73220 Wales Dr210630Folsom 95630-2851Active 09/05/07CNDOCapital RE Grp, Bett2 (2 0)0.02212437011011380260,000127.26350 Crestridge Ln310630Folsom 95630-2110Active 10/18/07CNDOSitcler REALTORS3 (2 1)0.02820437012513528267,900196.261031 School St310630Folsom 95... 01/06/2008

Merry Christmas to Active Rain Bloggers......I can't stay long wife is yelling at me to get off the computer and "Stop Working". Hope Everyone has A great time with family and freinds.       www.johnhayesrealestate.com 12/25/2007

> Folsom Has 83 Homes on the market in November....Great  Active: 83 Pending: 0 Sold: 0 Other: 0 Total: 83  Bedrooms Bathrooms Square Feet List Price Selling Price Days on Market Minimum 2  1.00  1,001  $279,000    19  Average 4  2.78  2,416  $560,494  $0  34  Median 4  3.00  2,263  $499,900  $0   35  Maximum 6  5.00  4,863  $1,450,000  $0  48  Total Dollar Value      $0 Folsom Homes Sold 117 Month of November.... Even Better Active: 0 Pending: 60 Sold: 57 Other: 0 Total: 117  Bedrooms Bathrooms Square Feet List Price Selling Price Days on Market Minimum 1  1.00  649  $274,900  $274,900  0  Average 4  2.74  2,179  $488,268  $499,518  51  Median 4  3.00  2,028  $438,000  $460,000   35  Maximum 5  5.00  4,998  $1,650,000  $1,090,000  218  Total Dollar Value      $28,472,549   Average DOM... 12/19/2007

 FOR MORE INFO OR TO SEARCH THE ENTIRE MLS FOR FOLSOM:  HTTP://WWW.BUYSELLHOMESFOLSOM.COM  Listings as of 12/17/07 at 1:42pm Property Type: ResidentialListing #DOMListing PricePrice / SqFtAddressBedsAreaCity & ZIPStatusTypeSelling PriceSP % LPListing OfficeBathsLot SzApprox Square Feet70064498137129,900184.78240 Natoma Station Dr #23110630Folsom 95630-7974Active 06/15/07CNDOBetter Homes Realty/1 (1 0)70370095064103179,900144.73220 Wales Dr210630Folsom 95630-2851Active 09/05/07CNDOBetter Homes Realty/2 (2 0)0.0221243701251358267,900196.261031 School St310630Folsom 95630-3109Active 12/07/071HSLRE/MAX Gold El Dorad2 (2 0)13657011628640289,900220.621411 Vessona Cir210630Folsom 95630-8730Active 1... 12/17/2007

 I just got word from the National Association of REALTORS Action Center that the Senate has passed the FHA Modernization Bill. They have been working on this for some time now and the next step is to go to a conference committee where they can reconciled the two versions passed, one by the US House of Representatives and the new bill passed by the Senate.I am hoping we get them to increase the loan limits to the conforming limit now of $417,000.  They are also looking into modifying the downpayment amounts to make it easier for borrowers to qualify for these loans.  The other terms they are working on is a 40 year amortization, possibly allow more condo loans, varianging the mortgage insurance premium, and other helpful programs.It is not over by no means.  Who knows how it will all lo... 12/17/2007

Here's a list of homes that offer some great light decorations to view: Folsom 100 BLOCK OFLedgemontCourtPeter Pan and friends fly through the air along with a musical ship. The Peter Pan theme is set among Candy CCourt, where a 20-foot "Merry Christmas" light welcomes visitors. Accepting food donations for a sponsored fam116 VierraCircle...Our website is www.eakerxmas.4t.com. I have included a few photos and would love to provide any additionainformation needed:In a nut shell:Light are synchronized to music (9 songs this year)48 Channels controlled by a computer that does the lighting effectsLife size nutcrackers (8') and 9' Santa20 foot MEGA TreeFiberglass reindeerShow runs from 5PM -10PM Sunday - Thursday and 5-11PM on Friday and Saturday130 BoulderCanyon WayThe family's annual tradi... 12/15/2007

Folsom realtor Beth Mergens helped provide lots of fun for Remax Gold's Santa party for the community. There were over 102 gingerbread houses decorated by local children who came (with their parents) to have their picture taken with Santa. "I've been selling real estate in the Sacramento valley for 8 years but this is the first subdivision I've ever given away!" This makes it much more convenient for parents to have the photo taken and not stand in long lines, listen to children crying and try to keep them entertained. 12/15/2007

Classic intervivew on the today show! Post your listing on Craigslist "no way" How do you do that?Ricardo Bueno - California said it best   Duh! Marketing online is obvious!Every Agent that cares about becoming a better Agent is well aware that on line market presence is pivotal to one's success in today's market. They're not only advertising on Craigslist...they're puking their advertisements all over the world-wide web! Maybe Redfin should stay behind the computer and leave selling Real Estate it Realtors and Loan Officers This is what we do for a living. The younger generation "gets it"If you are not on the web,Blogging or on Youtube you will not make it as an agent!  Bold statement... But True? I have 100 sites that I work My listings.  Work your sphere and Get a website,blog and g... 12/15/2007

I found this article in the National Realty News, I thought I would share it with everyone. WASHINGTON, D.C. - Existing-home sales are projected to trend up in 2008, with pending home sales showing a slight near-term rise, according to the latest forecast by the National Association of Realtors®.  However, a recovery for new-home sales is unlikely before 2009.Lawrence Yun, NAR chief economist, said the worst part of the credit crunch has already worked its way through the data.  "The unusual mortgage disruptions that peaked in August were clearly seen in lower home sales that were finalized in September and October, so the market was underperforming," he said.  "Now that mortgage conditions have improved, some postponed activity should turn up in existing-home sales over the next couple... 12/15/2007

I have been asked on many occassions by residents and non-residents of Folsom, how I thought home values were doing compared to the overall market. Obviously, there can be no denying that values have dropped considerably since the peak in 2005 (Around 17% by my estimation). In comparison to other areas in the vicinity, Folsom has held its own. Homes are selling, sometimes with multiple offers, at values that are equal to those of early Spring,2004. While that may make some residents wince when they hear it, usually because they purchased in 2004 or 2005, it is the silver lining of this down market. Some other cities (Elk Grove, Roseville, Lincoln, Rocklin) have experienced much sharper declines. There are the obvious factors, such as over-building and steeper appreciation during the boo... 12/12/2007

1.  30 YEAR FIXED RATES ARE AT A 25 MONTH LOW.2.  FOLSOM HAS SOME OF THE BEST SCHOOLS IN THE STATE OF CALIFORNIA.3.  EMPLOYMENT IN FOLSOM HAS A POSITIVE OUTLOOK.  THE MALL AND KAISER HOSPITAL WILL BRING MORE JOBS.4.  THE HOUSING MARKET CORRECTION HAS TAKEN PLACE.  HOME PRICES HAVE DROPPED 30% IN THE LAST 2 YEARS AND WILL MOST LIKELY BE FLAT IN 2008. 5.  THERE IS A LARGE INVENTORY OF HOMES TO PICK FROM.  SAVVY BUYERS WILL BE ABLE TO FIND A HOME THAT FITS ALL THEIR NEEDS.TO SEARCH ALL FOLSOM LISTINGS:  HTTP://WWW.BUYSELLHOMESFOLSOM.COM   12/12/2007

If you blog and use the Internet they will come.  I just spent 2 min and I received e-mails, Comments.  You could spend hundreds of dollars on newspaper ads and no return on your money,but 2 min on the Internet and they will come. The Real-Estate world for agents is changing, can you change? Videos,Blogging,e-mail blasting In.  Flyer's,mailers and newspaper adds out!. But most important "Testimonials"!It  is Time For A Martini! If you Blog they will come! Your blog will give you a presence in the marketplace. Readers will recognize you as an educated professional and will help you build long-lasting relationships with your customers while continuously offering new leads and referrals. A blog, or web log, for short, is an on-line journal that gives everyone the opportunity to be a writer... 12/03/2007

Your blog will give you a presence in the marketplace. Readers will recognize you as an educated professional and will help you build long-lasting relationships with your customers while continuously offering new leads and referrals. A blog, or web log, for short, is an on-line journal that gives everyone the opportunity to be a writer and publisher. It gives you, the real estate professional, the opportunity to differentiate yourself from the thousands of other agents in your city. If you think that the world of blogging is too technical for you - think again! Can you log in....send and e-mail.....type......think...Push send......than you can blog. I have recived 3 deals from bloging you can 2.  Active Rain makes it even easier..  Snowman twinkle martini   This martini cocktail is twin... 12/03/2007

11/30/2007

11/30/2007