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Real Estate Market Going Nuts


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#16 supermom

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Posted 08 May 2015 - 09:34 PM

when s50 houses are built, there will be a glut in inventory up here. values will go down too. makes sense to sell now



#17 Steve Heard

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Posted 09 May 2015 - 08:26 AM

when s50 houses are built, there will be a glut in inventory up here. values will go down too. makes sense to sell now

 

You could be right, but remember, that's what they said about the effect on the market when Empire Ranch, Broadstone and the Parkway were being built.


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#18 cw68

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Posted 09 May 2015 - 08:45 AM

I'm definitely a little more interested in the tech economy and it's effect on prices. Increases in Folsom are nothing close to the national increases (which are low single digit averages) and large increases are common all across California, particularly NorCal.

But there are plenty of signs and predictions that we are headed for another tech bubble burst within the next year. There are just too many unicorns out there and the start-up burn rate is too high to continue to support. Angel investors and crowd funding just can't forever sustain profitless businesses.

Separately, there is a tipping point somewhere with build-out. S50 may or may not be it.

#19 2 Aces

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Posted 24 October 2015 - 08:53 AM

Just be glad you don't live in S.F. :lmaosmiley:

http://www.dailymail...ue-408-000.html



#20 Rich_T

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Posted 24 October 2015 - 09:52 AM

Since this thread is in action again...  I am guessing that next spring will be the best and final opportunity to sell your house in Folsom for top dollar.  It's just a "feeling", but there it is.






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