Folsom continues to attract new businesses to the area. One hotspot is the Palladio at Broadstone. Several new tenants are anticipated to open there this month, including the new LUXE Cinemas. The upscale movie theater will feature 6 auditoriums with electric recliners, a full bar & menu, a cocktail lounge and an outdoor patio to enjoy before or after your movie. Other businesses expected to open at the Palladio by the end of 2016 are Barnes & Noble, Brazilian Steakhouse Brisas do Sul, Pure Life Juice Company, Grist Beer Hall and Petra Greek.
Turning to other developments around Folsom. I know many of us are looking forward to the future interchange at Empire Ranch Road & US-50, but how much longer will we have to wait? City of Folsom officials say this project is still in the works, which involves extending Empire Ranch Road south to US-50 down to White Rock Road. The expansion will eventually happen, but not for several years. Officials say the rate of development will dictate when the project will be complete, which may not be for another 10 years or so.
However, there is one expansion project nearby expected to begin within the next few years…the extension of Iron Point Road to Saratoga Way in El Dorado Hills. This addition will nicely connect the two areas and make the Folsom to EDH drive much quicker for many residents.
Folsom November Events
Ice Skating Season
The Historic Folsom Ice Rink re-opens Friday, November 11th, 2016
Season: Nov 11, 2016 - Jan 16, 2017, Rink opens daily at 10 a.m.
Folsom Veterans Day Parade
Honoring local veterans!
Friday, November 11, 2016
The parade begins at 9 a.m. and is held rain or shine.
Corner of E. Bidwell St. & Montrose Dr.
Folsom Turkey Trot
Family Fun Run- 5K Run/Walk, 10K Run
November 24, 2016 at 8:50 AM
With the holiday season officially upon us, it’s almost time to start preparing for your Thanksgiving feast! Here are a few tips on how to stay safe at home or while traveling this year:
While at Home
-Remove fire hazards. Remove anything near the stove that could catch fire, including wooden utensils, oven mitts, plastic bags, or towels.
-Keep a fire extinguisher in the kitchen. Be familiar with how the extinguisher works and teach your family how to use it.
-Take extra precaution with turkey fryers. Never leave food, grease, or oils cooking on the stovetop unattended.
-Be careful with candles. If you light candles for decoration, remember to never leave them burning unattended and keep any items that could catch fire away.
-Avoid the busiest travel days. Avoid Wednesday before Thanksgiving and Sunday afterward.
-Don’t post your travel plans on social media sites. Instead, ask a friend or neighbor to keep an eye on your house while you're away.
-Set lights on timers. A light switch timer can turn your lights on and off automatically according to a programmed schedule.
-Stop all mail and newspaper delivery. If you don’t want to stop delivery, ask a neighbor or friend to pick up your mail.
Folsom Real Estate
It’s November, which means election day is right around the corner. So the big question…will this year’s presidential election have an impact on the housing market?
Historically, experts say nationwide home prices continue to go up through an election year and the year after. However, the rate of growth slows down. The same thing applies for mortgage rates. Still, impacts will depend on who moves into the White House in 2017.
Locally, I don’t expect the housing market in Folsom to be impacted by the election. Folsom was recently named the number one place to raise a family in California by WalletHub. The supply of homes for sale in Folsom is still not keeping up with the demand of buyers. So with limited supply and high demand, your home is bound to sell fast, even through this election year!
Folsom Market Report
Folsom’s market report from September 2016 to August 2016 shows a decrease in the number of homes for sale, sold and pended.
Just Sold in Lexington Hills
-125 Keller Cir, Folsom, CA 95630
Sold for: $550,000, 5 beds, 3 baths, 2926 sq. ft.
-137 Keller Cir, Folsom, CA 95630
Sold for: $565,000, 5 beds, 3 baths, 2926 sq. ft.
-161 Hopper Ln, Folsom, CA 95630
Sold for: $600,000, 4 beds, 3 baths, 2918 sq. ft.