brokers inc: Real Estate Market Update - October 2009 - Folsom & El Dorado Hills
- 10/07/09 05:22 PM
FHA Loan Volume is Soaring: In 2007, the number of government-backed FHA loans issued in the Sacramento Region was 649. In 2008, this number soared to 8,998 loans. In 2009, this number will increase again. With this in mind, I looked back at all of the transactions I have been involved in, in 2009, and found 67% of the buyers used FHA loans. FHA loans are primarily used by people who can't afford a big down payment, or have credit score issues. FHA buyers are only required to make a down payment equal to 3.50% of the purchase price, and can … (0 comments)
brokers inc: Real Estate Market Update - September 2009 - Folsom & El Dorado Hills
- 09/16/09 11:55 AM
Keep an Eye on December 1st, 2009: The $8,000 tax credit currently available to First Time Home Buyers (defined as those who have not owned a home for the past three years) expires on December 1st, 2009. Because it usually takes around 45 days to close escrow on a house after a contract is signed, buyers have very little time left to act. As of Tuesday, Sept. 15, there are only 76 days left before the credit ends. There has been a recent push, to get Congress to either extend the program, or create a new program that would be available … (0 comments)
At the end of July in 2009, there were 285 homes for sale in Folsom, CA. The breakdown: 171 "Non-Distressed" listings, 97 "Short Sale" listings and 17 "Bank Owned" listings. In the same month, there were 48 Non-Distressed sales, 5 Short Sales and 20 Bank Owned sales that closed escrow. What does this tell us? 28% of the Non-Distressed inventory sold, 5% of the Short Sale inventory sold and 117% of the Bank Owned inventory sold. Bottom line: If you get foreclosed on, the bank will unload your home quick and cheap. If you want to avoid foreclosure with a short … (2 comments)
brokers inc: FIRST TIME Home Buyers in Folsom, CA - Brokers Inc. Real Estate - Your One Stop Shop When Buying Your First Home
- 08/22/09 08:29 AM
If you are a home buyer and you are looking to purchase your 1st, maybe 2nd home and are considering real estate in Folsom, California, you have come to the right place. Housing could not be much more affordable these days, and interest rates are still low. Even if you have little money to put down, there is a financing solution available for you! Why buy in a home in Folsom, CA? There are many reasons, but here are the items that appealed to me and my family most: Great schools - Several nationally recognized schools within the city. Lots of … (1 comments)
brokers inc: FOLSOM California REAL ESTATE CA : MLS home search, home buying, selling, listings, relocation, experienced real estate agent / Realtor
- 07/29/09 11:49 AM
Thank you for considering Folsom California (CA) as the next place you will live. Folsom is beautiful, has affordable homes / real estate and is centrally located in Northern California between Lake Tahoe, the Wine Country, the Bay Area and Central and Northern CA. Outdoor enthusiasts, families, retirees and singles will love Folsom as it has something for everyone. If you are a home buyer and you are considering Folsom, California, you have come to the right place to satisfy your real estate needs. Why do home buyers decide to buy real estate in Folsom, CA? There are many reasons, but here are the things that appealed … (0 comments)
brokers inc: THE OFFICIAL, Bank Owned home, Bank Repo, Foreclosure Real Estate, MLS Search & List for FOLSOM, CA - Updated Daily
- 07/23/09 12:41 PM
GET A FRESH LIST OF BANK OWNED REAL ESTATE IN FOLSOM, CA - UPDATED DAILY! As we all know, bank owned homes , foreclosed , REO real estate are the rage with many real estate buyers these days who are seeking rock-bottom prices and exceptional value. In Sacramento County in July, nearly 70% of all homes sales were bank owned REO's. This blog post is your gateway to THE OFFICIAL, Folsom California - Bank Owned - REO - Foreclosure Home, MLS Search & List - UPDATED DAILY. There are great deals to be had in today's real estate market in Folsom CA. Want to know more about … (0 comments)
brokers inc: Relocating to the Sacramento Region? Take a look at Folsom!
- 07/23/09 12:36 PM
In the spring of 2004, while having a cup of coffee with my wife, she prompted a discussion that included the hustle-n-bustle of the Bay Area, it's high cost of living, and her desire to live in a smaller city that was known for family values and that would be conducive to raising our new-born son and (hopefully) growing family. After investigation of the Sacramento area (including Rocklin, Roseville, Orangevale, Fair Oaks, Rancho Cordova, El Dorado hills and Folsom), we came to the conclusion that Folsom was the next city we would call home. As the old saying goes, "to each their own," … (0 comments)
brokers inc: FIRST TIME Home Buyers in Folsom, CA - Brokers Incorporated - Your One Stop Shop When Buying Your First Home
- 05/25/09 03:19 PM
If you are a home buyer and you are looking to purchase your 1st, maybe 2nd home and are considering real estate in Folsom, California, you have come to the right place. Housing could not be much more affordable these days, and interest rates are still low. Even if you have little money to put down, there is a financing solution available for you! Why buy in a home in Folsom, CA? There are many reasons, but here are the items that appealed to me and my family most: Great schools - Several nationally recognized schools within the city. Lots of … (0 comments)
brokers inc: FOLSOM California REAL ESTATE CA : MLS home search, home buying, selling, listings, relocation, experienced real estate agent / Realtor
- 04/28/09 05:55 AM
Thank you for considering Folsom California (CA) as the next place you will live. Folsom is beautiful, has affordable homes / real estate and is centrally located in Northern California between Lake Tahoe, the Wine Country, the Bay Area and Central and Northern CA. Outdoor enthusiasts, families, retirees and singles will love Folsom as it has something for everyone. If you are a home buyer and you are considering Folsom, California, you have come to the right place to satisfy your real estate needs. Why do home buyers decide to buy real estate in Folsom, CA? There are many reasons, but here are the things that appealed … (0 comments)
brokers inc: Folsom CA Real Estate --- OFFICIAL SEARCH PAGE ---
- 04/19/09 03:44 PM
Hello and thank you for taking a look at the Official Search page for Folsom, CA Real Estate. Brokers Inc. Residential Real Estate, based out of Folsom, California, owned and operated by Aaron Cullen, is here to serve all of your Folsom, CA real estate needs. Whether you are a first time home buyer or seasoned real estate investor, if you are looking to purchase a home in Folsom, CA , Brokers Inc. has your solution. Folsom, CA is a deireable city and the real estate is affordable. Here is Brokers Inc. Residential Real Estate will do for you: 1. Buy a … (1 comments)
brokers inc: El Dorado Hills - Real Estate Market Update - January 2009
- 01/12/09 09:17 AM
Latest News and Topics of Interest: The rapid decline in long-term interest rates continued in December. Due to continuing actions by the Federal Reserve board, according to FreddieMac.com, the average cost of a 30 yr. fixed mortgage in the Western U.S. has dropped from 6.47% on 11/1/08 to 5.60% on 12/1/08 to 5.01% on 1/1/09. "Word on the street" is still suggesting 30 yr. mortgages at 4.50%, or less, soon. On the horizon: Expect Obama's stimulus package to include a provision, empowering bankruptcy judges with the ability to alter home loans in an effort to prevent foreclosures. The purpose of this … (0 comments)
brokers inc: Folsom, CA - Real Estate Market Update - January 2009
- 01/12/09 09:06 AM
Latest News and Topics of Interest: The rapid decline in long-term interest rates continued in December. Due to continuing actions by the Federal Reserve board, according to FreddieMac.com, the average cost of a 30 yr. fixed mortgage in the Western U.S. has dropped from 6.47% on 11/1/08 to 5.60% on 12/1/08 to 5.01% on 1/1/09. "Word on the street" is still suggesting 30 yr. mortgages at 4.50%, or less, soon. On the horizon: Expect Obama's stimulus package to include a provision, empowering bankruptcy judges with the ability to alter home loans in an effort to prevent foreclosures. The purpose of this … (0 comments)
brokers inc: Folsom, CA - Real Estate Market Update - December 2008
- 01/12/09 09:00 AM
National & Regional Snap-shot: A slew of new government programs were enacted in November in an ongoing effort to "right the ship." It appears that the focus is now shifting from stabilizing the banking sector to addressing the issue that brought our economy to a halt in the first place: The housing crisis. On November 1, 2008, the average cost of a 30 yr. fixed mortgage in the Western U.S. was 6.47%*. As of December 1, 2008, that rate has dropped to 5.60%*, almost a full 1% reduction. Mortgage insiders are speculating that the Federal Reserve will reduce rates another 1/2 … (0 comments)
brokers inc: El Dorado Hills, CA - Real Estate Market Update - December 2008
- 01/12/09 08:53 AM
National & Regional Snap-shot: A slew of new government programs were enacted in November in an ongoing effort to "right the ship." It appears that the focus is now shifting from stabilizing the banking sector to addressing the issue that brought our economy to a halt in the first place: The housing crisis. On November 1, 2008, the average cost of a 30 yr. fixed mortgage in the Western U.S. was 6.47%*. As of December 1, 2008, that rate has dropped to 5.60%*, almost a full 1% reduction. Mortgage insiders are speculating that the Federal Reserve will reduce rates another 1/2 … (0 comments)
brokers inc: El Dorado Hills, CA - Real Estate Market Update - November 2008
- 11/12/08 04:07 PM
National & Regional Snap-shot: The election has come and gone and the national focus has returned to the economy, the credit crisis and the slumping housing market. The roller coaster ride continued with 30yr fixed mortgage rates rising from 6.07%* at the beginning of October to 6.47%* at month's end. No sooner than Paulson and Bernanke talked voters and Congress into the "mortgage bailout," it evolved (was switched) to a different plan of injecting money directly into banks and other financial institutions as opposed to buying mortgages through reverse auctions. Officially, $125 billion was given to the nations 9 largest banks … (0 comments)
brokers inc: Folsom, CA - Real Estate Market Update - November 2008
- 11/12/08 04:03 PM
National & Regional Snap-shot: The election has come and gone and the national focus has returned to the economy, the credit crisis and the slumping housing market. The roller coaster ride continued with 30yr fixed mortgage rates rising from 6.07%* at the beginning of October to 6.47%* at month's end. No sooner than Paulson and Bernanke talked voters and Congress into the "mortgage bailout," it evolved (was switched) to a different plan of injecting money directly into banks and other financial institutions as opposed to buying mortgages through reverse auctions. Officially, $125 billion was given to the nations 9 largest banks … (1 comments)
brokers inc: Folsom, CA - Real Estate Market Update - October 2008
- 10/12/08 03:39 AM
National & Regional Snap-shot: The presidential election and Hurricane Ike became after thoughts in September as the credit crisis on Wall Street spread to Main Street. The hope for an election year rally in the stock market has been put on hold, as the Federal Reserve and Treasury Department have scrambled to utilize every tool in their arsenal (including getting congress to authorize a $700 Billion bailout) to calm the markets and keep the American economy flowing. From a regional standpoint last month, 1934 homes sold in Sacramento County, 1354 were bank owned (70%), 200 were short sales (10%) and the … (0 comments)
brokers inc: El Dorado Hills, CA - Real Estate Market Update - October 2008
- 10/12/08 03:29 AM
National & Regional Snap-shot: The presidential election and Hurricane Ike became after thoughts in September as the credit crisis on Wall Street spread to Main Street. The hope for an election year rally in the stock market has been put on hold, as the Federal Reserve and Treasury Department have scrambled to utilize every tool in their arsenal (including getting congress to authorize a $700 Billion bailout) to calm the markets and keep the American economy flowing. From a regional standpoint last month, 1934 homes sold in Sacramento County, 1354 were bank owned (70%), 200 were short sales (10%) and the … (0 comments)
brokers inc: Folsom CA Real Estate - OFFICIAL SEARCH PAGE -
- 09/06/08 09:21 AM
Hello and thank you for taking a look at the Official Search page for Folsom, CA Real Estate. Brokers Inc. Residential Real Estate, based out of Folsom, California, owned and operated by Aaron Cullen, is here to serve all of your Folsom, CA real estate needs. Whether you are a first time home buyer or seasoned real estate investor, if you are looking to purchase a home in Folsom, CA , Brokers Inc. has your solution. Folsom, CA is a deireable city and the real estate is affordable. Here is Brokers Inc. Residential Real Estate will do for you: 1. Buy a … (0 comments)
brokers inc: El Dorado Hills, CA - Real Estate Market Update - September 2008
- 09/05/08 05:29 AM
El Dorado Hills: The home buyer's upper hand continued in August in EDH. For 2008, the average sales price for El Dorado Hills had been $594k with 21% of the sales being bank owned homes. Although the average home price dropped only 1% from the 2008 average, 28% of the sales were bank owned and inventory remained at very high levels. In all, 50 homes sold, 14 were bank owned and 401 homes (a 9 month supply) remain for sale. Inside scoop: If you aspire to live in Serrano, due to all of the foreclosures, there are excellent, rock-bottoms deals available under $135 … (2 comments)
FHA Loan Volume is Soaring: In 2007, the number of government-backed FHA loans issued in the Sacramento Region was 649. In 2008, this number soared to 8,998 loans. In 2009, this number will increase again. With this in mind, I looked back at all of the transactions I have been involved in, in 2009, and found 67% of the buyers used FHA loans. FHA loans are primarily used by people who can't afford a big down payment, or have credit score issues. FHA buyers are only required to make a down payment equal to 3.50% of the purchase price, and can … (0 comments)
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