| 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 | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL
Chuck & Susie Pool
INSIGHT Real Estate El Dorado Hills, California 877-396-8060 chuckpool@realestateeldoradoco.com Agent Home Page |
|||
| Nearest Metro Area | |||||
| 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 | $425,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Down 10-15% | ||||
| Prices As % of Asking Price | 90-95% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Pollock Pines and Camino is | |||||
| Seller Activity for the past 90 days in Pollock Pines and Camino is | |||||
| Is Financing Available For Qualified Buyers in Pollock Pines and Camino? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| 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 | Other | ||||
| Average Sold Price | $425,000 - 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. Click here for full article... |
|||||