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Fruitridge, CA Real Estate News

By Mike West, El Dorado Hills, CA CDPE, CNE, Licensed Loan Origi
(Heritage Oak Properties)
FORECLOSURE/REO) HOME SALES DATA FOR FOLSOM, CA – SEPTEMBER 2014 This is the latest monthly report of our over five-year study of bank owned (Foreclosure/REO) home sales in Folsom, CA.  This report covers September of 2014.  In order to simplify the post for the reader, we will only use the term “foreclosure” when referring to this category of home. Note that no foreclosure homes sold in Folsom in July of 2014.  Therefore, no report was published. If you would like to see all of the foreclosure homes available for sale in Folsom, select this link.  To view the available foreclosure homes you will have to select the box next to “are REO/Bank Owned” under the “Including the above criteria, only show me properties that:” section.  Then scroll down and select the Folsom box half way down on...
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By Mike West, El Dorado Hills, CA CDPE, CNE, Licensed Loan Origi
(Heritage Oak Properties)
BANK OWNED (REO) HOME SALES DATA FOR FOLSOM, CA – AUGUST 2011   This is the latest monthly report of a nearly four-year study of bank owned (REO) home sales in Folsom, CA.  This report covers August 2011.   There were 21 REO homes sold in Folsom in August, two less than sold the previous month.   The average days on market remained at 41 in August.  Only one of the homes sold had been on the market for over one hundred days; however, 24% of the REO homes that sold were on the market for two weeks or less.  Well-priced homes in good condition are still selling quickly.   The 21 REO homes that sold represent 24% of all homes sold this month, still on the lower end of the normal range.  REO inventory is very low.   The available inventory of REO homes in Folsom dropped to a  .9-month suppl...
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