Market Conditions in Folsom : Advice

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Douglas Zell…, Real Estate Pro in El Dorado County, CA
A record 57 million Americans – or 18.1 percent of the U.S. population – lived in multigenerational households in 2012, according to an analysis by the Pew Research Center of the most recent data available… Read more
Blogged yesterday, 4:04pm by Douglas Zeller Market Conditions Home Ownership
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
National averages on fixed-rate mortgages inched down this week, keeping borrowing costs near historic lows, Freddie Mac reports in its weekly mortgage market survey.Freddie reports the following national… Read more
Blogged Fri Jul 18, 2014 by Douglas Zeller Market Conditions Financing
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Bud Zeller, Real Estate Pro in Placerville, CA
Mortgage bankers fear another real estate bubble, according to the latest quarterly survey of North American bank risk managers conducted for FICO, a leading predictive analytics and decision management… Read more
Blogged Thu Jul 17, 2014 by Bud Zeller Market Conditions Financing Foreclosure
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Bud Zeller, Real Estate Pro in Placerville, CA
Federal Reserve Chairwoman Janet Yellen said that the Fed may need to raise interest rates sooner than expected, but it all will hinge on the labor market.“If the labor market continues to improve more… Read more
Blogged Wed Jul 16, 2014 by Bud Zeller Market Conditions Home Buying Financing
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
The real estate industry has called for homebuilders to ramp up construction to meet inventory shortages. But homebuilders increasingly are facing significant labor shortages that is making it more difficult… Read more
Blogged Sat Jul 12, 2014 by Douglas Zeller Market Conditions Remodel & Renovate Going Green
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Bud Zeller, Real Estate Pro in Placerville, CA
Pending home sales posted a sharp 6.1 percent rise in May, as lower mortgage rates and rising inventories helped propel the market into the summer season, according to the National Association of REALTORS®’ Pending… Read more
Blogged Tue Jul 1, 2014 by Bud Zeller Market Conditions Home Buying Home Selling
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Doug & Bud Z…, Real Estate Pro in Placerville, CA
Debate has swirled about the impact of student debt, Millennial preferences, rising prices, bad weather, and investor and cash sales on the housing industry’s pent-up recovery. However, Nomura’s U.S.… Read more
Blogged Fri Jun 27, 2014 by Doug & Bud Zeller Market Conditions Home Buying Home Selling
Sheryl Smith, Real Estate Pro in El Dorado Hills, CA
You've saved your money and you feel you are now ready to start looking at real homes, not just searching online. But did you know that you aren't quite ready yet unless you have a pre approval letter… Read more
Blogged Fri Jun 27, 2014 by Sheryl Smith Market Conditions Home Buying Property Q&A
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
Existing-home sales rose strongly in May, with all four regions of the country experiencing sales gains on the previous month, according to the National Association of REALTORS®. The association also… Read more
Blogged Mon Jun 23, 2014 by Douglas Zeller Market Conditions Home Buying Home Selling
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
The low supply of homes for sale in many markets means buyers must be prepared for bidding wars. Buyers should be strategic in how they present their offers, and avoid paying too high a premium for their… Read more
Blogged Thu Jun 19, 2014 by Douglas Zeller Market Conditions Home Buying How To...
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Bud Zeller, Real Estate Pro in Placerville, CA
Several reports are showing home equity on the rise. In fact, home owners’ equity holdings at the end of the first quarter amounted to $10.8 trillion – the highest amount since late 2007, according… Read more
Blogged Mon Jun 16, 2014 by Bud Zeller Market Conditions Home Buying Financing
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Bud Zeller, Real Estate Pro in Placerville, CA
Seven in 10 Americans say they believe the nation is still in the middle of the housing crisis or are concerned that the worst is yet to come, according to the MacArthur Foundation's How Housing Matters… Read more
Blogged Fri Jun 6, 2014 by Bud Zeller Market Conditions Home Ownership
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
Seven in 10 Americans say they believe the nation is still in the middle of the housing crisis or are concerned that the worst is yet to come, according to the MacArthur Foundation's How Housing Matters… Read more
Blogged Thu Jun 5, 2014 by Douglas Zeller Market Conditions Financing Home Ownership
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Bud Zeller, Real Estate Pro in Placerville, CA
Home equity lines of credit, or Helocs, and home equity loans soared 8 percent in the first quarter of this year compared to a year earlier, according to Inside Mortgage Business. It marks the largest… Read more
Blogged Tue Jun 3, 2014 by Bud Zeller Market Conditions Financing How To...
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Bud Zeller, Real Estate Pro in Placerville, CA
The home-buying process is notoriously arduous, but new regulations and a persistently-tight credit market are having a lasting impact on potential buyers’ willingness to enter the market.A new report from… Read more
Blogged Mon Jun 2, 2014 by Bud Zeller Market Conditions Home Selling Financing
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
One reason for the sluggish housing recovery: home owners unable to sell their homes because they don't have enough equity to do so yet, The Wall Street Journal reports.Nearly 10 million U.S. households… Read more
Blogged Fri May 30, 2014 by Douglas Zeller Market Conditions Home Selling Property Q&A
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Bud Zeller, Real Estate Pro in Placerville, CA
Mortgage applications softened last week, ending a three-week streak of rises in loan demand,  the Mortgage Bankers Association reports. Applications dropped despite 30-year fixed-rate mortgages moving… Read more
Blogged Fri May 30, 2014 by Bud Zeller Market Conditions Financing
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Doug & Bud Z…, Real Estate Pro in Placerville, CA
Regular supply and demand forces continue to produce unexpected results in the housing recovery, according to Freddie Mac’s U.S. Economic and Housing Market Outlook for May.“The housing recovery is… Read more
Blogged Tue May 27, 2014 by Doug & Bud Zeller Market Conditions Financing
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