Folsom Pending Home Sales

Homes for sale in Folsom still attracting buyers.

With the expiration of the Federal Buyer Tax Credit at the end of April there was some debate on what would happen to home sales after that.  Folsom’s pending home sales are tracking just above what they were last month.  We still have three more days in the month, and Folsom has 109 pending sales. Last month there were 108 at the end of April.  At least for this month we have not seen a slow down in pending sales.

This month our current pending sales include 25 short sales, 25 foreclosed and 59 regular sales.  Last month we had 36 short sales and 18 foreclosed that went pending in April.

There is still a great deal of activity in the Folsom real estate market.  If you are planning on putting your home on the market anytime in the next few months, I would advise you to do it now and take advantage of the amount of buyers looking in Folsom.