Elk Grove remains a popular community for home buyers in the Sacramento Region. Sales activity in the area remained brisk during the month. There are currently 688 short sales on the market with 49 (1 in 10) sales during the month. This leaves a 14 month inventory of short sales.
There are currently 77 REO properties on the market with 79 selling during the month. This is only a one month inventory.
This means prepare to wait for a short sale and rush to buy an REO.
More details at www.Sacramentobill.com and a free MLS account at www.BetterHomeLessMoney.com . Or you can call Bill Joyce directly at 916-206-7282.
