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July 2016 Folsom Newsletter

Folsom Real Estate e-Newsletter
exclusively for Folsom Residents
 
 IN THIS ISSUE July 2016
 
Featured Article
    Trendgraphix
    Miscellaneous
    Neighborhood News
    Folsom Real Estate

Brought to you by:


June Balazs, Realtor®
McKiernan Realty

E-Mail Me
Visit My Website

916-628-1500
49 Natoma Street, Ste. A
Folsom, CA 95630



Happy 4th of July!

I hope you find time to relax and experience some fun activities.  Have a happy and safe 4th of July. 

Please take a few minutes to check out all of the information that is available to you in this newsletter.  Do enter the drawing below!  I feature a business of the month so if you or someone you know has a business in Folsom I will be happy to add it on a rotating basis. 

For more real estate articles click on the National Real Estate Update button at the top of the page. 

Feel free to contact me with suggestions or if you have any questions.

Sincerely,

June Balazs

Representing clients with integrity since 1988

Sacramento, Placer and El Dorado Counties

Service Above & Beyond

Your Referrals are Always Appreciated

 


 Featured Article  

The market in Folsom remains strong and home values continue to rise.  Currently the average sold price is $518,000.  The year to date average sold price is up 13.8%.  Pended sales have spiraled upward since December 2015! (check the graph below).  We’ll see if this trend continues in the next 2 to 3 months. 

We have been anticipating the Fed to make an upward adjustment in the interest rate but things are now uncertain.  Last week Great Britain voters voted to exit from the European Union and the market reacted very negatively. The market plunged the first couple of days and then started an upward trend.  The good news is that as of today the market has recovered just about all of the losses.              

Currently the 30 year fixed rate is at about 3.64% and the 15 year fixed rate is about 2.89%.  Please call me with any questions.


Trendgraphix


Single Family Homes in Folsom - Current Month vs Previous Month

The current average sold price is $518.000,
up 2.4% 

The average price per square foot is $231.00, down 2.1%
Inventory is at 1.3 months, down 13.6%
Average days on the market is 18 days, up 12.5%
Pended sales - 125  up 30.2% 
                                                                                                                                                                                                                


 
 


 Neighborhood News  


 Monthly Drawing 


Please enter below for a chance to win:

$10.00 Target Gift Card!



Click Here to enter the drawing!

Please include your name, address and phone number. 
You must live in Folsom to be entered to win.
 
Last day to enter drawing is July 31


Last Drawing Winner:  Laura Ward


She won a Whole Foods Gift Card



Featured Business of the Month






Courtesy of Old Republic Title Company

 Folsom Real Estate  

Listed For Sale:

Click Here to view a list of Homes FOR SALE in Folsom
Updated 07/01/2016

Pending Listings:

Click Here to view a list of Homes PENDING in Folsom
Updated 07/01/2016

Recently Sold:

Click Here to view a list of recently SOLD Homes in Folsom
Updated 07/01/2016

 
 
 
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