statistics: 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)
statistics: Dramatic Changes on Reporting Short Sales with Offers in MLS
- 07/27/12 02:59 AM
Beginning August 1st 2012 Sacramento Metrolist will change the way Contingent short sales are reported in Sacramento, El Dorado, Placer and Yuba Counties. Once an offer has been accepted by the seller, but is subject to lender approval - it will no longer be in the category of "Active Short Sale - Contingent (cont)" more accurately it will be placed in Pending Sale - Lender Approval. What will this mean to us? Well for one, buyers will love it because all of the search engines that draw data from our MLS currently pull all of the ACTIVE including those short sales … (2 comments)
statistics: 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)
statistics: 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)
statistics: Housing Trends in Greater Auburn, CA 95603
- 07/26/10 09:35 AM
Prices are stablizing in homes under $350k. Homes over $500k will continue to see downward price adjustments. Buyers are looking for value as well as good prices. 1st Time home buyers are driving the market. Sellers must still compete with REOs and Short Sales. … (0 comments)
statistics: Meadow Vista Housing Trends 95722
- 07/26/10 09:24 AM
Prices are stablizing in homes under $350k. Homes over $500k will continue to see downward price adjustments. Buyers are looking for value as well as good prices. 1st Time home buyers are driving the market. Sellers must still compete with REOs and Short Sales. … (0 comments)
statistics: Cool Real Estate Trends 95614
- 07/26/10 09:12 AM
Housing sales are happening for those that are priced accurately. Buyers are looking for value as well as price. Home values are stablizing in the under $350k price range. Homes over $500k will still see downward adjustments. … (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
;)
;)
;)
