NEW CALIFORNIA FIRST-TIME HOME BUYER TAX CREDIT - 03/25/10 07:10 PM
New First-Time Home Buyer Tax Credit For California Buyers Just Signed Into Law By The Governor
Great news for California first-time home buyers.

On Monday, March 22, 2010, the California State legislature passed AB 183, providing $200 million for home buyer tax credits. The Governor isigned the bill into law today! Part of a package of four bills passed at the request of the Governor, AB 183 is designed to help stimulate the economy and create jobs. It allocates $100 million for qualified first-time home buyers who purchase existing homes and $100 million for purchasers of new, or previously unoccupied, … (2 comments)

REO (BANK OWNED) SALES DATA FOR EL DORADO HILLS, CA FEBRUARY 2010 - 03/15/10 06:43 PM
El Dorado Hills, CA REO (BANK OWNED) SALES DATA FOR February 2010
This is a continuation of my two-plus year monthly report on Bank Owned home sales data for El Dorado Hills, CA.  This report covers Bank Owned homes sold in February 2010.
There were 12 Bank Owned homes sold in January, up from 9 the previous month.  This continues to reflect the normal seasonal drop in activity and a reduction in the number of REO homes on the market.
The average days-on-market increased to 26, one more than the previous month.  41.7% of the REO homes sold were on the … (0 comments)

REO (BANK OWNED) SALES DATA FOR EL DORADO HILLS, CA JANUARY 2010 - 03/15/10 06:39 PM
El Dorado Hills, CA REO (BANK OWNED) SALES DATA FOR January 2010
This is a continuation of my two-plus year monthly report on Bank Owned home sales data for El Dorado Hills, CA.  This report covers Bank Owned homes sold in January 2010.
There were 9 Bank Owned homes sold in January, down from 20 the previous month.  This reflects the normal seasonal drop in activity and a reduction in the number of REO homes on the market.
The average days-on-market decreased to 25, half the time on the market of the previous month.  A full 55.6% of the REO homes … (0 comments)

REO (BANK OWNED HOME) SALES DATA FOR FOLSOM, CA FEBRUARY 2010 - 03/15/10 06:33 PM
Folsom, CA REO (BANK OWNED) SALES DATA FOR February 2010
This is a continuation two plus year study of Bank Owned home sales data for Folsom, CA.  This report covers REO homes sold in February 2010.
There were 9 REO homes sold in February, down one from January.  This volume reflects seasonal adjustments in home sales.  The days-on-market increased to 53, up from 46 the previous month, the second monthly increase in a row.  In February, 30% of the bank owned homes sold in less than two weeks, this despite the low inventory. 
The 9 homes sold represent 25.7% of all … (0 comments)

REO (BANK OWNED HOME) SALES DATA FOR FOLSOM, CA JANUARY 2010 - 03/15/10 06:27 PM
Folsom, CA REO (BANK OWNED) SALES DATA FOR January 2010
This is a continuation two plus year study of Bank Owned home sales data for Folsom, CA.  This report covers REO homes sold in January 2010.
There were 10 Bank Owned homes sold in January, down from 19 in December.  The 47.4% decrease reflects, in part, the normal seasonal decrease in home sales.  The days-on-market increased to 46, up markedly from 31 the previous month.  In January, only one home sold in less than two weeks, that 10% is the lowest since we have been reporting these figures.  This is a … (0 comments)

 
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Mike West -El Dorado Hills, CA CDPE, CNE, Licensed Loan Originator

El Dorado Hills, CA

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Heritage Oak Properties

Address: P.O. Box 5571, El Dorado Hills, CA, 95762

Office Phone: (916) 337-0658

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