|
|
|
|
|
|||||||
Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 400,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 14,000 posts/day about local topics and you will see fewer ads. Within the last few months our forum was cited in an article in 15 newspaper and in a story on AOL's homepage.| Search our forums (advanced): |
 |
|
|
01-01-2007, 03:51 PM
|
|||
|
|||
Folsom home sales
Looking to buy in Folsom in mid-500K. Anyone know how much is offered on homes for sale (100%, more, less, etc....)How many days homes are in the market? Land for sale, etc...
 
|
|
01-03-2007, 03:40 PM
|
|||
|
|||
|
I don't think many Folsom properties are getting 100% of list right now. It's a buyers market but you won't be too successful low-balling around here. Maybe 96-98% of the listing price. You can look for distressed properties. There are some out there now. 550K should get you a nice home.
I think we're close to 10% off the peak prices from 2005 right now. Most of the flippers are out - but some remain and they are trying to rent out their properties to limit their loses in this slow resale market. The Sacramento market is being watched nationwide because we started heading south (downward) earlier than most of the hot markets. We're kind of the test bed for how low this market unwinding goes. By the way, the Sacramento economy remains quite strong with job growth continuing.
|
|
| Thread Tools | Search this Thread |
| Display Modes | |
|
|
Linear Mode
