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Friday, July 6, 2012

Folsom Real Estate-Short Sales

This is very interesting information about Folsom Short Sales. There are only 13 Active Short Sales currently in Folsom. However, there are 100 Active Short Sale Contingent listings in Folsom. Short Sale Contingent means the owner has accepted an offer & is waiting for lender approval of the Short Sale. Many times these buyers get discouraged because of the long waiting time for lender approval and move on to another available listing.

In the past 6 months there have been 181 Short Sales completed in Folsom. The price range of the 13 Active Short Sales in Folsom is $199,000 to $435,000. The price range of the Short Sale Contingent listings is $99,00 to $890,000. The price range of  the 181 Sold Short Sales was $75,000 to $787,000.

Our real estate inventory is so low in Folsom and demand is high because buyers want to purchase in Folsom because of the attractive life style, amenities, shopping  & recreation. Clearly if you live in Folsom and are considering a short sale, there are buyers waiting to purchase your home. Please like us on our Folsom Facebook page.

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