Julie Villata, Folsom, El Dorado Hills, Fair Oaks, Carmichael, Sacramento Region
Best search for all homes for sale in the Sacramento region including Folsom, El Dorado Hills, Fair Oaks, Rancho Cordova, Mather, Carmichael, Bank Owned, REO, foreclosure property and real estate.
COMMITTED & CONNECTED TO YOUR REAL ESTATE NEEDS!
... to the Greater Sacramento Area. The most wonderful community in Northern California. You will love the lifestyle, the people, the rivers and Folsom Lake.
Whether you are a 1st time buyer, relocating to our area or simply moving across town I am happy to help. Find out why Folsom was voted one of the Best Places to Live!
Our area has so many diffent commmunities there is one to fit your specific needs. The greater Sacramento area is centrally located to such fantastic places as Lake Tahoe, Napa and San Francisco!
This area is an amazing place to live, work, and play!
A shift in the market has occurred in the Sacramento region, putting traditional sales (non-distressed properties) in the lead for units sold over REO and short-sale properties. Out of the 1,995 total sales in the 4 county region in November, traditional sales accounted for 843 of them; equaling 42%. REO units sold totaled 745 units, representing 37%, and short-sale units equaled 412, or 21%.
This change has occurred due to marked appreciation in both REO and short-sales under $300,000 in the last 8 months; and traditional properties for sale continuing to drop in value.
“REO home sale prices have experienced a 10% appreciation for homes under 300,000 since the bottom of the market in April; based on average values of $97/ft in April to November’s price of $107/ft.,” stated Michael Lyon, CEO, Lyon Real Estate. “These are dazzling statistics by any measure. Despite the slowing pace of REO sales, the new bargains are the homes not in trouble but discounted to sell and compete directly with REO and short-sales. For example, short-sale prices have risen 4% since May, while traditional sales have dropped 4% since April of this year.”