What is Happening with the Housing Market in Granite Bay?

Is it a sellers market in Granite Bay?
Are the home prices going up or down?
How much inventory do we have?
Is this a good time to buy?


Check out the graphs below to help you answer these questions.

Home at 8903 Weatherby Court in Granite Bay close to Folsom Lake

This home is currently on the market for $505,000 MLS # 12049428
8903 Weatherby Court, Granite Bay, Ca 95746



How is the housing inventory in Granite Bay?




Granite Bay Trends from May, 2011 to July 2012

May, 2011 July, 2012
Average Active Price $904,000 $962,000
Average Sold Price $636,000 $598,000
Average Square Foot Price $182,000 $188,000
Days on Market 70 52
Sold 21 34











Yes, the housing market is changing. Interest rates are still very low. Prices are inching up. Inventory is low.
What do you think? Is this the time to buy?

For all your real estate needs, give Pam McCoy a call 916.865.8759
Coldwell Banker Real Estate
2270 Douglas Boulevard
Granite Bay – Roseville, Ca 95661

*All reports are published Aug. 2012, based on data available at the end of Jul. 2012.
All reports presented are based on data supplied by the Metrolist MLS. The Metrolist MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the Metrolist MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

Keep Your Home California

If you are struggling to make your mortgage payments and keep your home, Keep Your Home California may be able to help. This is a state run program.

This program may help those who are having an economic hardship like lost of job.

There are several eligibility requirements to participate in Keep your Home California’s program.

If you have questions about financing, selling or purchasing a home, we are here to help you.

Call us today.
916.865.88759

Folsom Housing Market – Only One Month of Inventory

Check out this graph…

Only one month of inventory is available!
We have home buyers.
We NEED more home sellers.

Have you been thinking about selling your home?

Now may be the time.

Do you know what your home is worth?

Give me a call and I would be happy to do a free home market analysis.

Your Coldwell Banker Real Estate Agent,

Pam McCoy
916.865.8759

Sacramento Area’s Housing Market Continues to Bounce Back

Coldwell Banker yard signAs the Sacramento area’s housing market continues to bounce back from the recession, more and more buyers have decided they can’t wait any longer – now is the time to get back into the market to find their next home.

While the real estate market still has its challenges, things are very different today than they were in 2009, 2010 and even early last year. Buyers are generally more optimistic about the future, ready to purchase, much better qualified for a loan and, in many cases, are paying big down payments or even all cash for their next home.

Indeed, the scales of supply and demand are once again moving back in the direction of home sellers after being out of balance for several years. While countless buyers are out there pounding the pavement for a home, the problem now is that there just aren’t enough sellers to meet the demand in many communities.

As the economy continues to improve and with a shortage of attractive properties in good neighborhoods, buyers are once again paying good prices for properties rather than simply looking for distressed homes at bargain basement prices. And in some cases, properties are even getting multiple offers, driving up the sale price above the asking price.

So if you’ve been thinking about selling your home, now may be an ideal time to do so while buyers are eager, interest rates are still low and there isn’t as much competition from other sellers as there usually is this time of year.

Should you be interested in buying or selling a home or would just like to know what your home is worth in today’s market, please give me a call. I can help! 916.865.8759

Your Folsom-Granite Bay agent,

Pam McCoy, e-PRO

Why Should I Get a Termite and Pest Inspection?

Wood Destroying Inspections

Termites can do a lot of damage on a home. You want to be sure you are not purchasing a home that has thousands of dollars in damage.

Spending money on Inspections can SAVE you money in the long run.

When purchasing a home, you want to know as much about that home as you can. Hiring a Professional Termite and Inspection Company to do a thorough report on the property is a good investment.

Kyle or myself are happy to answer any questions you may have.
Kyle Finley 916.344.8946
Pam McCoy 916.865.8759