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Significant Inventory Increases Dampen Our Frenetic Folsom Real Estate Rebound 13 Aug 2013 | 12:38 am

After months of record inventory shortages, shortages that contributed mightily to our local real estate market recovery, significant increases in active listing inventory have put a damper on demand ...

Hot Housing Market Cools As Inventory Jumps 61% Since Late Spring 16 Jul 2013 | 06:45 pm

Sparse housing supply coupled with strong buyer demand left many homebuyers frustrated as rates continued to inch up and buyers felt the heat to buy now. However, according to data from Realtor.com, ...

Musings On Our Housing Market Recovery 13 Jun 2013 | 08:41 pm

There is significant data to argue that both local and national housing markets are on their way to recovery. For the sixth straight month, housing prices have enjoyed year-over-year increases, incl....

Fewer Distress Sales Help Fuel Our Market Recovery 30 Apr 2013 | 06:42 pm

The current feeding frenzy in our housing market can be directly tied to a shortage of inventory, and specifically, a reduction in the number of distressed properties offered for sale. There are c...

California Seeing Fewer Foreclosures 14 Mar 2013 | 06:17 pm

Foreclosure activity - default notices, scheduled auctions and bank repossessions - in both California and across the country continue to decline. According to a report released today by Irvine-b...

January Pending Home Sales Up in All Regions 1 Mar 2013 | 08:05 pm

A measure of the number of Americans who signed contracts to buy homes rose in January from December to the highest level in more than 2 1/2 years according to the National Association of Realtors®. ...

Data Shows Distress Sales Recede As Our Local Housing Market Shows Signs Of Recovery 22 Feb 2013 | 12:09 am

The pace of foreclosure activity across the country continued to decline at the end of 2012, pushing the nation's foreclosure inventory down 19.5% from a year earlier, according to a new report fro...

New Qualified Mortgages Rules Aimed At Protecting Consumers 1 Feb 2013 | 08:11 pm

On January 10th the Consumer Financial Protection Bureau (CFPB) issued the long-awaited "qualified mortgage" rules setting forth guidelines to protect borrowers from predatory lending while shielding ...

Folsom Real Estate Overview 28 Dec 2012 | 06:53 pm

With a shortage of inventory, low interest rates and pent up buyer demand our local Folsom housing market continues to improve. The median sales price for homes in Folsom CA for Sep 12 to Nov 12 was ...

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hoffman realty group folsom, jeff hoffman folsum real estate

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