There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks Continue Reading
Celebrate the holiday spirit with friends, neighbors, Folsom police, Fire personnel and Santa and Mrs. Claus from December 10-14. Decorated emergency vehicles will lead and follow Santa's sleigh around Folsom. Santa will depart the Folsom Police Department each Continue Reading
There is a lot of discussion about the current state of housing affordability for both first-time and move-up buyers, and much of the narrative is tarnished with a negative slant. However, the truth is that housing affordability is better today than at almost any time in our Continue Reading
According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.92%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home Continue Reading
Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Zillow recently reported that: “In reality, Continue Reading
The Folsom City Zoo Sanctuary will soon be ablaze with holiday lights, providing a beautiful backdrop for a unique family experience this holiday season. Event will take place from 5 p.m. to 8 p.m. on Dec. 1, 2, 8, 9, 15-23, and new this year 26-30. Celebrate Continue Reading
Some Highlights: The inventory of existing homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply. Existing home sales are currently at an annual pace of 5.48 million, the highest pace since June of this year, Continue Reading
Happy Thanksgiving, Have a Great Holiday! Continue Reading
There is little doubt that it is easier to get a home mortgage today than it was last year. The Mortgage Credit Availability Index (MCAI), published by the Mortgage Bankers Association, shows that mortgage credit has become more available in each of the last several years. Continue Reading
