Real Estate Market Activity 2015 Year at a GlanceProperty Sales (Sold) January property sales were up 6.3% from Jan. 2015. Current Inventory (For Sale) Versus last year, the total number of homes available this month is lower by 8 units or 12.3%. This year's smaller inventory means that buyers who waited to buy may have smaller selection to choose … (0 comments)
market trends: How is the Auburn, CA Real Estate Market this year?
- 03/31/15 09:05 AM
Well that depends on who you ask. Sellers thought their home would sell quicker and for more money, maybe even multiple offers. Buyers think there isn't enough inventory and there is always someone out bidding them on they one they want. Then there is the matter of price range. If you wanted something under $300k you are about out of luck, for the past year prices for a single family home have been steadily pushing into the $300,000.s Buyer activity is higher for this time of year than in recent history, most likely due to the good shopping weather and great … (0 comments)
market trends: Stopping Doom & Gloom Forclosure Rumors for El Dorado County
- 02/21/14 02:34 AM
Sometimes the media needs to make news, it seems. They will use information in other parts of the country that does not accurately reflect our recovering local market and say a new wave of foreclosures will flood the market. Since El Dorado County has seen a 55% increase in values since the low of January 2012 many people are no longer underwater in their property, mind you we have still to recover another 25% to reach the highs of the market in 2007. You can see from the chart below that REO's (foreclosures) have fallen off significantly and the chart … (1 comments)
market trends: Home Values for Auburn, CA 95603
- 06/27/11 11:16 AM
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 11:10 AM
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 12:58 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 12:24 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)
market trends: Wall Street's 10 Reasons to Buy a Home Now
- 11/15/10 03:17 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 … (0 comments)
market trends: Georgetown Housing Trends & Home Sales
- 07/30/10 07:55 AM
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)
market trends: Chirstian Valley, Applegate & Weimar Housing Trends
- 07/30/10 07:43 AM
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)
market trends: 2008 October Statistics now available for Placer County
- 11/14/08 08:45 AM
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)
market trends: The Placer County Statistics are in for September
- 11/07/08 08:47 AM
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)
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
REAL ESTATE MARKET ACTIVITY 2015-2016 FOR THE GEORGETOWN DIVIDE 
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