Here is this week's Folsom Homes Report, for sales activity in the Folsom real estate market as reported by Trulia.
In comparison to last week, the median sales price, and average price per square foot for Folsom homes, decreased by approximately 1.5%. There are 166 Folsom homes that are pending sales representing 35.62% of the available inventory. The time to sell Folsom homes is currently 85 days.
Mortgage rates reach a 7 month high. Interest climbed to 5.06% from 4.79% for 15-year fixed loan. 5-year adjustable rate mortgages climbed to 5.17% from 4.85%.
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