Real Estate Market Charts for Foresthill and Grass Valley:
Days on market are trending higher.
Foresthill
Grass Valley 95945
Regarding Foresthill, the chart shows data over the past 6 months for all SFRs. The average DOM for
sales was 64 days with pending sales and active listings higher at 115 and 80.
The second chart is from Grass Valley zip 95945. The average DOM for sales was less at 45 days, but
followed the same trend as above.
This is something to monitor and helps seller’s realistic expectations when listing a home. Pricing and
expectations on realistic time frames are increasingly important. This could also be seasonally related as
we are in winter months; however, I noticed the DOM increasing in many areas throughout 2019.
Bryan Lynch
Certified Real Estate Appraiser
Time Spent Searching for a Home is Rising
BY ROSE QUINT ON FEBRUARY 3, 2020
Of the 11% of American adults considering a home purchase in the final quarter of 2019, only 43%
reported being actively engaged in the process to find and buy a home. A year earlier, the
comparable share of active buyers was a much stronger 54%. This finding suggests that mortgage
interest rates steadily below 4.0% in recent months have not motivated more prospective buyers to
get started trying to find a home to buy.
Across generations, 46% of Millennial prospective buyers are actively looking for a home to buy,
along with 43% of Gen X buyers, 41% of Gen Z buyers, and 37% of Boomer buyers. Across
regions, prospective buyers in the Northeast are the most likely to already be actively searching for a
home (49%), followed by those in the South (43%), West (41%), and Midwest (39%).
Results from the latest Housing Trends Report also show that the time active home buyers are
spending searching for a home is rising. In the final quarter of 2019, 60% of actively engaged
buyers reported having spent at least 3 months searching, compared to 58% a year earlier. This
marks the fourth consecutive year-over-year gain in the share of active buyers who have spent
upwards of 3 months looking for a home to buy. This trend is closely related to persistently low
levels of inventory of new and existing homes for-sale.
* The Housing Trends Report is a research product created by the NAHB Economics team with the
goal of measuring prospective home buyers’ perceptions about the availability and affordability of
homes for-sale in their markets. The HTR is produced quarterly to track changes in buyers’
perceptions over time. All data are derived from national polls of representative samples of
American adults conducted for NAHB by Morning Consult. Results are not seasonally adjusted due
to the short time horizon of the series and therefore only year-over-year comparisons are
statistically valid. A description of the poll’s methodology and sample characteristics can be
found here. This is the fourth in a series of five posts highlighting results for the fourth quarter of
2019. See previous posts on plans to buy, housing availability, and housing affordability.
Frozen Fudge Pops
KIM SEVERSON
- YIELD8 small pops, fewer if larger molds are used
- TIME10 minutes, plus freezing
Amber Fouts for The New York Times
These easy fudge pops, with a mix of cream and milk, combine the fun of an ice cream truck Popsicle with the sophistication of a rich chocolate ice cream touched with salt. The key is making sure the ingredients are well emulsified in a blender. These will melt quickly so enjoy them right out of the freezer.
INGREDIENTS
- 6 ounces good-quality chocolate, at least 54 percent cacao
- 2 cups whole milk
- ½ cup cream
- ¼ cup sugar
- 2 tablespoons unsweetened cocoa
- 2 teaspoons vanilla
- ½ to 1 teaspoon kosher salt, to taste
PREPARATION
- Break up chocolate and put into a blender. Bring milk, cream, sugar and cocoa to a light boil and immediately remove from heat. Pour milk over chocolate, add vanilla and salt and allow to sit for a few minutes to soften chocolate. Blend until chocolate and milk are emulsified and the mixture is smooth.
- Pour into eight 3-ounce paper cups (there may be a little left over), or use ice pop molds. If using the small cups, place in freezer for about 1 hour before inserting wooden craft sticks so the sticks will stand straight.
- Freeze well for 24 hours. Pops may be taken out of paper cups and stored in a heavy freezer bag.
ENJOY!