Spring 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Whitney Oaks. Low rates with falling home prices makes a home purchase a great value! Call now for more information at Bruce @916-952-3838 or Brian @916-804-2074

Average Home Price $425,000 - View Graph Trend
Average Price Compared to Last Year Down 10-15%
Average Time on Market 90-120 days
Best Selling Price Range$350,000 - $399,000
Worst Selling Price Range$500,000 - $549,000
Prices As % of Asking Price 95-100%
Existing Home Prices for the past 90 days are?Decreasing
Market Trend No Change
Buyers’ or Sellers’ Market More buyers than sellers
Buyer Activity for the past 90 days in Whitney Oaks isIncreasing
Seller Activity for the past 90 days in Whitney Oaks is?Decreasing
Multiple Offers?Yes
Multiple Offers CommentaryIf a home is priced correctly, 5% - 10% below the perceived market, multiple offers will be received quickly resulting in a higher selling price
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?35-40%
Is Financing Available For Qualified Buyers?Yes
Comments on Financing For Qualified BuyersNot all lenders are the same. Our preferred lender is Brian Musket at Secure Funding Group. Give him a call at 916.804.2074 ~ for a free consultation that could save you money ~ and will save you a lot of frustration compared to many of the 'other guys'.
Housing Inventory Limited Supply
Greatest Activity Repeat Buyers
Reason to Buy/Sell Lower prices with good selection and competitive interest rates creates a perfect time to buy in Whitney Oaks!
Nearest Metro AreaSacramento
Housing Hot SpotsCarmichael, Fair Oaks, Folsom, Elk Grove, Lincoln, Loomis, Roseville, Serrano - El Dorado Hills are considered 'Housing Hotspots'
Average Sold Price $425,000 - View Graph Trend

Whitney Oaks Local News

Agent quarterly survey shows growing optimism toward a housing market recovery

End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.

Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.

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Bruce LaMaster
Bruce LaMaster
     Bruce @916-952-3838 or Brian @916-804-2074
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Mortgage Rates
– May 28th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.82%
 15 yr. fixed rate:     3.11%
  30 yr. jumbo rate:  4.38%
  15 yr. jumbo rate:  3.61%

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Bruce LaMaster
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Bruce LaMaster
LaMaster & Company, Allison James Estates & Homes
LaMaster & Company, Allison James Estates & Homes

  Bruce @916-952-3838 or Brian @916-804-2074




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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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