Recent Folsom, Granite Bay, El Dorado Hills, and Sacramento Real Estate News Posts
Homes' Sales Prices - September 2007
Post Your Comments Published by Patrick Warholic on October 28, 2007 at 11:04 AM.
Are You Thinking of Buying or Selling a Home in Folsom, Granite Bay, or El Dorado Hills in the Near Future or Know Someone Who is?
Please call Patrick for a personal interview and property assessment with no obligation.
Folsom Luxury Homes and Land Specialist
Our motto is to always "Do the Right Thing", starting with providing premier executive service to buyers and sellers of Folsom, Granite Bay, and El Dorado Hills luxury homes and land.
For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.
Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.
Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.
Please call Patrick for a personal interview and property assessment with no obligation.
| County/City/Area | # Sold | 7-Sep | 6-Sep | % Change |
| SACRAMENTO COUNTY | 1117 | "$308,000.00 " | "$357,000.00 " | -13.73% |
| ANTELOPE | 43 | "$301,500.00 " | "$385,000.00 " | -21.69% |
| CARMICHAEL | 45 | "$335,000.00 " | "$400,000.00 " | -16.25% |
| CITRUS HEIGHTS | 65 | "$275,000.00 " | "$318,500.00 " | -13.66% |
| ELK GROVE | 157 | "$335,000.00 " | "$450,000.00 " | -25.56% |
| FAIR OAKS | 36 | "$449,500.00 " | "$397,250.00 " | 13.15% |
| FOLSOM | 66 | "$408,000.00 " | "$452,500.00 " | -9.83% |
| GALT | 23 | "$340,000.00 " | "$379,000.00 " | -10.29% |
| ISLETON | 2 | "$840,000.00 " | "$286,000.00 " | 193.71% |
| NORTH HIGHLANDS | 20 | "$178,500.00 " | "$270,000.00 " | -33.89% |
| ORANGEVALE | 18 | "$309,500.00 " | "$360,000.00 " | -14.03% |
| RANCHO CORDOVA | 130 | "$325,500.00 " | "$400,000.00 " | -18.63% |
| RIO LINDA | 4 | "$241,250.00 " | "$306,000.00 " | -21.16% |
| SACRAMENTO | 496 | "$283,500.00 " | "$330,000.00 " | -14.09% |
| SLOUGHHOUSE | 5 | "$655,000.00 " | "$599,000.00 " | 9.35% |
| WALNUT GROVE | 2 | "$558,750.00 " | n/a | n/a |
| EL DORADO COUNTY | 143 | "$405,000.00 " | "$481,750.00 " | -15.93% |
| CAMINO | 2 | "$278,500.00 " | "$340,000.00 " | -18.09% |
| COOL | 2 | "$407,000.00 " | "$400,000.00 " | 1.75% |
| EL DORADO HILLS | 35 | "$575,000.00 " | "$652,000.00 " | -11.81% |
| GRIZZLY FLATS | 4 | "$319,500.00 " | "$200,000.00 " | 59.75% |
| PLACERVILLE | 22 | "$398,500.00 " | "$330,000.00 " | 20.76% |
| POLLOCK PINES | 13 | "$380,000.00 " | "$310,000.00 " | 22.58% |
| SHINGLE SPRINGS | 16 | "$389,250.00 " | "$448,000.00 " | -13.11% |
| SOUTH LAKE TAHOE | 44 | "$366,250.00 " | "$480,000.00 " | -23.70% |
| PLACER COUNTY | 436 | "$402,000.00 " | "$430,000.00 " | -6.51% |
| AUBURN | 25 | "$399,000.00 " | "$434,000.00 " | -8.06% |
| CARNELIAN BAY | 3 | "$575,000.00 " | n/a | n/a |
| COLFAX | 5 | "$387,500.00 " | "$300,500.00 " | 28.95% |
| FORESTHILL | 3 | "$382,000.00 " | "$420,000.00 " | -9.05% |
| GRANITE BAY | 16 | "$829,500.00 " | "$902,000.00 " | -8.04% |
| KINGS BEACH | 7 | "$459,000.00 " | "$332,000.00 " | 38.25% |
| LINCOLN | 108 | "$370,000.00 " | "$425,000.00 " | -12.94% |
| LOOMIS | 7 | "$400,000.00 " | "$499,500.00 " | -19.92% |
| MEADOW VISTA | 3 | "$450,000.00 " | "$588,000.00 " | -23.47% |
| NEWCASTLE | 6 | "$745,000.00 " | "$581,000.00 " | 28.23% |
| OLYMPIC VALLEY | 2 | "$2,682,500.00 " | "$427,500.00 " | 527.49% |
| PENRYN | 2 | "$662,500.00 " | "$692,454.50 " | -4.33% |
| ROCKLIN | 65 | "$400,000.00 " | "$455,000.00 " | -12.09% |
| ROSEVILLE | 159 | "$388,000.00 " | "$400,472.00 " | -3.11% |
| TAHOE CITY | 10 | "$972,500.00 " | "$887,500.00 " | 9.58% |
Folsom Luxury Homes and Land Specialist
Our motto is to always "Do the Right Thing", starting with providing premier executive service to buyers and sellers of Folsom, Granite Bay, and El Dorado Hills luxury homes and land.
For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.
Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.
Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.
Labels: Home_Prices
Common Questions to Getting That Home Loan
Post Your Comments Published by Patrick Warholic on October 4, 2007 at 9:04 PM.
What steps can I take to improve my chances of getting a loan?
Today many lenders are more flexible and allow a greater percentage of monthly income to go toward mortgage payments. But they are more stringent on credit card balances. Lenders often count 5% of the balance as a borrower's monthly payment, instead of the credit card’s minimum payment. If you are planning to pay off some debts before you apply for a loan, consider the ones with the largest monthly payment. Many lenders, for example, prefer to have a car loan paid off, because borrowers are not likely to go out and buy a new car right away. On the other hand, if credit cards are paid off, a borrower might start charging again.
Should I wait until interest rates drop?
Time is money. Can you afford to wait? Of course home buyers want to buy when interest rates are at their lowest. When interest rates are at near-record lows, potential buyers or homeowners looking to move up are asking themselves if the time is right to act. But no one can predict with certainty where rates are headed at any particular time. Waiting for a bottoming out may instead provide time for rates to rise.
What's the debt-to-income ratio lenders use to qualify borrowers?
Many lenders use two ratios when they decide whether to approve a mortgage. If, for example, the ratios are 28/36, the "front" ratio of 28% means the lender will allow a mortgage payment (including principal, interest, taxes and insurance) of up to 28% of the borrower’s monthly pre-tax income. The "back" ratio of 36% means all loan and credit payments cannot exceed 36% of the borrower’s monthly income.
For more information visit the California Home Network, your:
Folsom Luxury Homes and Land Specialist
Our motto is to always "Do the Right Thing", starting with providing premier executive service to buyers and sellers of luxury homes and land.
For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.
Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.
Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.
Today many lenders are more flexible and allow a greater percentage of monthly income to go toward mortgage payments. But they are more stringent on credit card balances. Lenders often count 5% of the balance as a borrower's monthly payment, instead of the credit card’s minimum payment. If you are planning to pay off some debts before you apply for a loan, consider the ones with the largest monthly payment. Many lenders, for example, prefer to have a car loan paid off, because borrowers are not likely to go out and buy a new car right away. On the other hand, if credit cards are paid off, a borrower might start charging again.
Should I wait until interest rates drop?
Time is money. Can you afford to wait? Of course home buyers want to buy when interest rates are at their lowest. When interest rates are at near-record lows, potential buyers or homeowners looking to move up are asking themselves if the time is right to act. But no one can predict with certainty where rates are headed at any particular time. Waiting for a bottoming out may instead provide time for rates to rise.
What's the debt-to-income ratio lenders use to qualify borrowers?
Many lenders use two ratios when they decide whether to approve a mortgage. If, for example, the ratios are 28/36, the "front" ratio of 28% means the lender will allow a mortgage payment (including principal, interest, taxes and insurance) of up to 28% of the borrower’s monthly pre-tax income. The "back" ratio of 36% means all loan and credit payments cannot exceed 36% of the borrower’s monthly income.
For more information visit the California Home Network, your:
Folsom Luxury Homes and Land Specialist
Our motto is to always "Do the Right Thing", starting with providing premier executive service to buyers and sellers of luxury homes and land.
For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.
Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.
Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.
Labels: Buying, Homes, Informational, Real_Estate, Tips
Avoiding Gapital Gains Tax on the Sale of Your Home
Post Your Comments Published by Patrick Warholic on at 8:56 PM.
Worried about taxes eating away too much of the profit on your home? Under a law enacted about ten years ago, a married couple filing jointly usually can exclude as much as $500,000 of their gain. For someone who is single or married and filing separately, the limit is $250,000.
To qualify for the full exclusion, you typically must have owned the home and lived in it as your primary residence for at least two of the five years prior to sale.
This exclusion applies only to your primary residence. Even someone who couldn't pass those tests might qualify to exclude most or all of the gain under certain circumstances. The seller may be eligible for a reduced exclusion if that person had to sell because of a "change in place of employment", health reasons or "unforeseen circumstances." What are unforeseen circumstances? Examples cited by the Internal Revenue Service include divorce, death, or "multiple births resulting from the same pregnancy."
Some think they’re required to buy a new home to qualify for this home-sale gain exclusion. That's wrong. They're probably thinking about a law that was repealed about a decade ago, under which you could defer tax on the gain on the sale of your home by rolling over the proceeds into a new home that cost as much as, or more than, the old one. Congress eliminated that law, in part because it was viewed as unfair to people who wanted to downsize and buy a less expensive home or to sell and move into a rental. Contact Patrick Warholic, your Folsom, El Dorado Hills, and Granite Bay Realtor for details.
Folsom Luxury Homes and Land Specialist
Our motto is to always "Do the Right Thing", starting with providing premier executive service to buyers and sellers of luxury homes and land.
For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.
Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.
Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.
To qualify for the full exclusion, you typically must have owned the home and lived in it as your primary residence for at least two of the five years prior to sale.
This exclusion applies only to your primary residence. Even someone who couldn't pass those tests might qualify to exclude most or all of the gain under certain circumstances. The seller may be eligible for a reduced exclusion if that person had to sell because of a "change in place of employment", health reasons or "unforeseen circumstances." What are unforeseen circumstances? Examples cited by the Internal Revenue Service include divorce, death, or "multiple births resulting from the same pregnancy."
Some think they’re required to buy a new home to qualify for this home-sale gain exclusion. That's wrong. They're probably thinking about a law that was repealed about a decade ago, under which you could defer tax on the gain on the sale of your home by rolling over the proceeds into a new home that cost as much as, or more than, the old one. Congress eliminated that law, in part because it was viewed as unfair to people who wanted to downsize and buy a less expensive home or to sell and move into a rental. Contact Patrick Warholic, your Folsom, El Dorado Hills, and Granite Bay Realtor for details.
Folsom Luxury Homes and Land Specialist
Our motto is to always "Do the Right Thing", starting with providing premier executive service to buyers and sellers of luxury homes and land.
For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.
Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.
Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.
Labels: Homes, Informational, Properties, Real_Estate, Taxes, Tips
Imagine a huge, searchable directory of food-related websites. For example, the Food Reads section is divided into magazines, books, blogs, and recipe sites.
Brought to you by California Home Network,
Folsom Luxury Homes and Land Specialist
Our motto is to always "Do the Right Thing", starting with providing premier executive service to buyers and sellers of luxury homes and land.
For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.
Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.
Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.
For everything on the Web related to online food shopping opportunities; gourmet foods online, ingredients, recipes, regional specialties, food blogs, unique food gifts, and meals delivered--each and every listing has been carefully reviewed & hand-selected.So for a great food resource, go to: www.food411.com
Brought to you by California Home Network,
Folsom Luxury Homes and Land Specialist
Our motto is to always "Do the Right Thing", starting with providing premier executive service to buyers and sellers of luxury homes and land.
For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.
Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.
Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.
Labels: Informational, Tips
11 Things Every Young Child Should Know About Money
Post Your Comments Published by Patrick Warholic on at 8:42 PM.
What you want your child to know about money depends on your personal values. Here are some concepts that are recommended for our children to understand:
Folsom Luxury Homes and Land Specialist
Our motto is to always "Do the Right Thing", starting with providing premier executive service to buyers and sellers of luxury homes and land.
For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.
Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.
Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.
- Spending, saving and sharing are ways to use money.
- Saving allows you to buy something in the future because you don’t have enough money today.
- People have a limited amount of money to spend.
- Money can be spent only once—after you buy something you need more money to buy something else.
- Planning helps people set goals and make choices about money.
- People do some things for each other without being paid.
- People give money to help others.
- People pay for things in different ways.
- Some things do not cost any money.
- People in a community share the cost of some work done for everyone.
- Paper money and coins are worth different amounts.
Folsom Luxury Homes and Land Specialist
Our motto is to always "Do the Right Thing", starting with providing premier executive service to buyers and sellers of luxury homes and land.
For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.
Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.
Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.
Labels: Informational, Tips
Home Sales Prices - August 2007
Post Your Comments Published by Patrick Warholic on October 2, 2007 at 6:17 AM.
Are You Thinking of Buying or Selling a Home in the Near Future or Know Someone Who is?
Please call for a personal interview and property assessment with no obligation.
Folsom Luxury Homes and Land Specialist
Our motto is to always "Do the Right Thing", starting with providing premier executive service to buyers and sellers of luxury homes and land.
For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.
Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.
Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.
Please call for a personal interview and property assessment with no obligation.
| County/City/Area | # Sold | 7-Aug | 6-Aug | % Change Yr-to-Yr |
| SACRAMENTO COUNTY | 1397 | "$314,000.00 " | "$365,000.00 " | -13.97% |
| ANTELOPE | 67 | "$310,000.00 " | "$381,000.00 " | -18.64% |
| CARMICHAEL | 37 | "$350,000.00 " | "$405,000.00 " | -13.58% |
| CITRUS HEIGHTS | 72 | "$285,000.00 " | "$320,000.00 " | -10.94% |
| ELK GROVE | 205 | "$351,000.00 " | "$455,000.00 " | -22.86% |
| ELVERTA | 3 | "$465,000.00 " | "$285,000.00 " | 63.16% |
| FAIR OAKS | 45 | "$340,000.00 " | "$397,000.00 " | -14.36% |
| FOLSOM | 90 | "$426,000.00 " | "$470,000.00 " | -9.36% |
| GALT | 29 | "$350,000.00 " | "$474,000.00 " | -26.16% |
| NORTH HIGHLANDS | 29 | "$179,000.00 " | "$270,000.00 " | -33.70% |
| ORANGEVALE | 26 | "$332,500.00 " | "$355,000.00 " | -6.34% |
| RANCHO CORDOVA | 114 | "$333,250.00 " | "$403,500.00 " | -17.41% |
| RIO LINDA | 15 | "$270,000.00 " | "$277,500.00 " | -2.70% |
| SACRAMENTO | 648 | "$291,750.00 " | "$335,000.00 " | -12.91% |
| SLOUGHHOUSE | 8 | "$507,250.00 " | "$525,000.00 " | -3.38% |
| WILTON | 6 | "$773,500.00 " | "$1,167,500.00 " | -33.75% |
| EL DORADO COUNTY | 185 | "$460,000.00 " | "$498,250.00 " | -7.68% |
| CAMINO | 8 | "$370,000.00 " | "$310,000.00 " | 19.35% |
| COOL | 3 | "$282,500.00 " | "$355,600.00 " | -20.56% |
| DIAMOND SPRINGS | 2 | "$312,000.00 " | "$298,000.00 " | 4.70% |
| EL DORADO HILLS | 64 | "$614,750.00 " | "$675,000.00 " | -8.93% |
| GEORGETOWN | 5 | "$350,000.00 " | n/a | n/a |
| GRIZZLY FLATS | 3 | "$180,000.00 " | "$289,000.00 " | -37.72% |
| PLACERVILLE | 13 | "$380,000.00 " | "$374,250.00 " | 1.54% |
| POLLOCK PINES | 12 | "$277,000.00 " | "$325,000.00 " | -14.77% |
| SHINGLE SPRINGS | 25 | "$400,000.00 " | "$554,000.00 " | -27.80% |
| SOUTH LAKE TAHOE | 46 | "$409,500.00 " | "$434,500.00 " | -5.75% |
| PLACER COUNTY | 568 | "$429,000.00 " | "$445,000.00 " | -3.60% |
| ALTA | 3 | "$350,000.00 " | n/a | n/a |
| AUBURN | 29 | "$407,000.00 " | "$475,000.00 " | -14.32% |
| CARNELIAN BAY | 5 | "$650,000.00 " | n/a | n/a |
| COLFAX | 7 | "$357,000.00 " | "$379,000.00 " | -5.80% |
| FORESTHILL | 7 | "$585,000.00 " | "$365,000.00 " | 60.27% |
| GRANITE BAY | 42 | "$810,000.00 " | "$760,000.00 " | 6.58% |
| HOMEWOOD | 3 | "$685,000.00 " | n/a | n/a |
| KINGS BEACH | 6 | "$365,000.00 " | "$434,250.00 " | -15.95% |
| LINCOLN | 100 | "$390,250.00 " | "$424,000.00 " | -7.96% |
| LOOMIS | 19 | "$400,000.00 " | "$695,000.00 " | -42.45% |
| MEADOW VISTA | 9 | "$560,000.00 " | "$655,000.00 " | -14.50% |
| NEWCASTLE | 5 | "$516,500.00 " | "$690,000.00 " | -25.14% |
| OLYMPIC VALLEY | 5 | "$870,000.00 " | "$755,000.00 " | 15.23% |
| PENRYN | 3 | "$674,500.00 " | "$637,500.00 " | 5.80% |
| ROCKLIN | 72 | "$415,500.00 " | "$460,000.00 " | -9.67% |
| ROSEVILLE | 230 | "$409,000.00 " | "$425,000.00 " | -3.76% |
| TAHOE CITY | 9 | "$749,000.00 " | "$1,212,500.00 " | -38.23% |
| TAHOE VISTA | 3 | "$485,000.00 " | "$325,000.00 " | 49.23% |
Folsom Luxury Homes and Land Specialist
Our motto is to always "Do the Right Thing", starting with providing premier executive service to buyers and sellers of luxury homes and land.
For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.
Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.
Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.
Labels: Home_Prices
