Buyers are out there
How can I say buyers are out there? When you read all about the dismal real estate market? Take a look at Prairie Oaks pending sales. There are four homes pending, with an average Days On Market of 9 days. The average for Folsom last month was 67 days on market.
Whether it was price, location, or amenities these homes had what the buyers are looking for and when they saw it they acted. What it also tells me is there are buyers circling for the right home for them.
Time will tell whether we have enough buyers circling for all that is expected to come on the market in the next year or so.