Real Estate in Elk Grove Natomas Roseville Rocklin Folsom and the entire Sacramento Region
Sacramento: A Real Estate Market in Transition
The housing market in Sacramento is an exaggerated example of the country as a whole. A relatively affordable (by California standards) high growth area with big city amenities and an economy of its own.
The collapse of home prices has hit our region in dramatic fashion...with some areas of 50% from pricing highs several years back. The general consensus is that it is a good time to buy. Home prices no longer seem to be falling, and in fact are beginning to rise in some areas.
If you're preparing to buy a home, move cautiously and buy wisely. There are opportunities to be had, but there are also mistakes to be made. Banks, investors and even homeowners looking to profit from unwary buyers.
This hub is meant to inform and discuss home buyer challenges in their search for a home in the Sacramento region.
If you're preapring to buy a home, move cautiosuly and buy wisely.
Elk Grove Market Update 11/30/09
Real estate market conditions in Elk Grove,like much of the Sacramento region, has been manipulated into a sellers market that has buyers scrambling after low inventories with multiple offers and competitive bidding for attractive homes.
The net is...if you want a short sale, expect to move very slowly (if at all) and if you want an REO (bank owned property) be prepared to move very quickly.
Bill Joyce (916) 206-7282
Elk Grove Market Update
Folsom-Sacramento's homeowner gem
While every area in the Sacramento region has taken its lumps, Folsom has done better than most. There have been fewer short sales and foreclosures in Folsom than most other parts of town.
Perhaps it's the desirable community and schools or perhaps it's that less new construction was occurring during the boom years. Folsom has treated its homeowners far better than average.