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market trends: Home Values for Auburn, CA 95603 - 06/27/11 06:16 PM
Pricing is beginning to stabilize. We are at home values the same as 14 months ago and with inventory dipping below sales activity we may even see some price improvement sooner than expected.
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market trends: Real Estate Market Trends for Auburn, California 95614 - 06/27/11 06:10 PM
From the graph below you can see the local foothill market of Auburn is bucking the national trend. Our sales are up in a big way! Closed sales are up a whopping 77% from last year and pending sales are up 45%, while the inventory has dropped just under 12%. If these patterns hold we will begin to see prices rise. Simple economics of supply and demand. Many price ranges and micro markets are seeing multiple offers for the most desireable properties. For home values see the next chart
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market trends: Auburn Home Sales Trends Priced under $250,000. - 04/28/11 07:58 PM
California is ON SALE! Buyers are recognizing this and have come out along with the Sunshine to take advantage of great deals. Correspondingly, inventory has dropped just as home buyers take action, leaving even less to choose from. Simple economics indicate at this pace prices will start to rise! Buyers who continue to wait may miss out on the best selection, as pending sales have increased dramatically tying up the most desirable homes
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market trends: Auburn, CA 95602, 95603 & 95604 Real Estate Sales Trends - 03/04/11 08:24 PM
The following graphs show the Sales Trends in the Greater Auburn Area. There is still an abundance of homes to choose from, inventory is slightly higher than last year and sales a just below January 2010 but, pending sales in Jan. took a jump up. Prices are leveling out (chart 2) allowing for seasonal changes the overall prices haven't changed more than 0.5 % Chart (3) Sellers are getting 88% of their original asking price on average and it is taking them an average of 96-111 days to sell. Chart (4) tells us at the current rate of homes for sale, if no new … (0 comments)
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market trends: Real Estate Trends Georgetown Divide Eldorado County CA - 11/28/10 12:20 PM
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market trends: Real Estate Market Trends Newcastle, CA 95658 - 11/28/10 10:34 AM
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market trends: Real Estate Market Trends Auburn, CA 95630, 95602, 65604 - 11/28/10 10:30 AM
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market trends: Real Estate Trends for Cool & Pilot Hill CA 95614 & 95664 - 11/28/10 10:24 AM
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market trends: Wall Street's 10 Reasons to Buy a Home Now - 11/15/10 11:17 AM
Plus Cathy's #1 Reason:
#1. If you rent, you may be paying too much! In many neighborhoods, if you are renting a home your mortgage payment would be less. Plus, if we see inflation in the near future, your rent will surely increase; but a fixed rate house payment wouldn't!
Here's what Wall Street says 10 Reasons to Buy a Home
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market trends: Georgetown Housing Trends & Home Sales - 07/30/10 02:55 PM
Over the last 15 months inventory is up only 1.4% with sales down 16.7% and pending sales off at-30% over the past. Our remaining unsold inventory at this pace would take 14.4 months to absorb, the highest since this time last year. Home prices seem to be almost finding some stability with ranges from $100-165 per square foot and last month's average at $147. The market is still being driven by 1st time home buyers, though now the Federal tax credit has expired. Interest rates under 5% are spurring others to consider purchases. All buyers are looking at value and condition and sellers must still … (0 comments)
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market trends: Chirstian Valley, Applegate & Weimar Housing Trends - 07/30/10 02:43 PM
Over the last 15 months inventory is up only 1.5% with sales up a whopping 62.5% and pending sales building at 20% over the past. Our remaining unsold inventory at this pace would take 5.2 months to absorb. Home prices seem to be almost finding some stability with ranges from $146-195 per square foot and last month's average at $179. The market is still being driven by 1st time home buyers, though now the Federal tax credit has expired. Interest rates under 5% are spurring others to consider purchases. All buyers are looking at value and condition and sellers must still … (0 comments)
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market trends: 2009 Market Trends for Cool & Pilot Hill - 12/21/09 12:58 PM
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market trends: Trends for the Newcastle to Meadow Vista market areas - 12/21/09 12:47 PM
For more information on factual data for this area contact me.
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market trends: 2008 October Statistics now available for Placer County - 11/14/08 04:45 PM
Stats for Placer County, CA
October Sept % Change 2007 % Change
New listings published 767 678 13.1% 736 4.2%
Listing inventory YTD 2,401 2,466 -2.6% 2,806 -14.4% (Very good news trend continuing)
New Escrows 245 292 -16.1% c 184 +33.2% (Yeah!)
Closed Escrows 366 424 -13.7% 266 UP an impressive +37.6%
Buyers and Investors are beginning to recognize great values and selections. . They are starting to consume the inventory. Banks and motivated sellers are pricing properties right to attract picky buyers. Rates are fluctuating and credit is getting tighter but there are still good loans out there.
The current median home price in Placer dropped -23.5% over … (0 comments)
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market trends: The Placer County Statistics are in for September - 11/07/08 04:47 PM
Stats for Placer County, CA
September August % Change 2007 % Change
New listings published 678 718 -5.6% c 744 -8.9% (This is good news, inventory is dropping)
Listing inventory 2,466 2,527 -2.4% 2,923 -15.6% (Very good news last month was not a fluke)
New Escrows 292 354 -17.5% c 205 +42.4%
Closed Escrows 424 422 +.5% 221 UP an incredible +91.9%
Buyers and Investors are beginning to recognize great values and selections. They are starting to consume the inventory. Banks and motivated sellers are pricing properties right to attract picky buyers. Rates are fluctuating and credit is getting tighter but there are still good loans out there.
The price ranges that saw … (0 comments)
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Cathy Sarmento
Auburn,
CA
More about me…
Granite Real Estate "Cool Team"
Address: 1011 Lincoln Way, Auburn, CA, 95603
Office Phone: (530) 823-5783
Cell Phone: (530) 320-5783
Email Me
Real Estate Topics and Tips for Central California Sierra Foothill towns of Auburn, Meadow Vista, Newcastle, Cool Pilot Hill, Garden Valley, Georgetown, Applegate, Weimar, Colfax,Loomis, Rocklin and surrounding areas
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