folsom: Folsom Real Estate Market Update
- 02/20/09 12:52 AM
The Folsom real estate market is almost like two markets. It is divided by the foreclosed properties and the non-foreclosed properties. The activity for them are different. While it does not look like it from the graph above, Folsom does have its share of distressed properties. Of the single family homes on the market today(263), 40% of them (104) are either foreclosed homes or short sales. And when I look at the stats, there are 105 vacant homes for sale here in Folsom. Traditionally we see more homes go on the market in the spring. I am not sure we will … (0 comments)
folsom: The Dam Bridge!
- 01/26/09 08:09 AM
Ok, so its not officially called "The Dam Bridge", but that will end up being its nickname. Officially the Folsom Lake Crossing is due to open March 28, 2009. That day is supposed to be its Grand Opening, with a fun filled community festival says the City of Folsom. For those of you not living in Folsom, this new bridge will add a third way across the American River here in Folsom. Our Folsom Dam Road was closed shortly after 9/11 due to concerns about security for the dam. Since the closing Folsom has had some serious traffic jams in and around … (0 comments)
The Folsom real estate market is almost like two markets. It is divided by the foreclosed properties and the non-foreclosed properties. The activity for them are different.;)
;)
