It's All Relative When It Comes to Real Estate

A look at recorded home sales this March in El Dorado, Placer, and Sacramento counties shows the picture is not so bleak when it comes to real estate in Folsom. I know, I know, especially for those of you trying to sell your house right now, things may not look so rosy, but just take a glance across the backyard fence and you'll see we are actually doing OK in Folsom. While most other area communities saw double-digit drops in the price of homes this March compared with March '07, Folsom only saw a 9.81 percent drop in prices. That compares with a 27.50 percent drop in all of Sacramento County. Check out the numbers for a few other area communties:

• El Dorado Hills: -24.54%
• Orangevale: -26.39%
• Rancho Cordova: -20.95%
• Elk Grove: -26.21%
• Carmichael: -8.60%
• Sacramento: -34.48%
• Granite Bay: -22.56%
• Roseville: -18.21%

See, I told you, it could have been worse. Check back in a month and we'll see if the trend holds. Until then, make it a great day!