Pollock Pines and Camino Real Estate Market Conditions & Reports, Pollock Pines and Camino Market Trends, California

Market Commentary Provided by Chuck & Susie Pool
Real estate market buyers resemble stock market buyers in many ways. They both buy when its hot and up and sell when its down and low rather than buy when its slow and low and selling when its hot and up. It proves that emotions dictate more of what we do than our intelligence. In my 29 years in the real estate industry I have seen it happen time and time again. I have heard these words so many times.

Report Date

Winter 2010

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CONNECT WITH A LOCAL PROFESSIONAL

Chuck & Susie Pool
INSIGHT Real Estate
El Dorado Hills, California
(877) 741-3456
househunt@realestateeldoradoco.com
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Nearest Metro Area

Sacramento

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

More than 120 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$375,000 - View Graph Trend

Best Selling Price Range

$150,000 - $199,000

Worst Selling Price Range

$350,000 - $399,000

Compared to Last Year

Down 20-25%

Prices As % of Asking Price

90-95%

Multiple Offers?

Yes

Multiple Offers Commentary

Short sales and bank owned properties are receiving multiple offers when prices are dramatically lowered enough!!!!

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Pollock Pines and Camino is

No Change

Seller Activity for the past 90 days in Pollock Pines and Camino is

No Change

Is Financing Available For Qualified Buyers in Pollock Pines and Camino?

Yes

Existing Home Prices for the past 90 days are

No Change

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

45-50%

Housing Hot Spots

Possibly El Dorado Hills higher - end homes because some buyers have the ability to purchase without having to sell first.

Reason to Buy/Sell

Lower prices with good selection and competitive interest rates creates a perfect time to buy in Pollock Pines and Camino!

Average Sold Price

$375,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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