Elk Grove Market Update - November 2009 Market Overview

Buyer activity remains brisk in Elk Grove, California. But too many short sales and too few REO's keep a leash on sales activity.
By: Bill Joyce
 
Nov. 30, 2009 - PRLog -- 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.

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Our focus is helping home buyers become better buyers prepared to get a better home for less money. Our service area includes Elk Grove, Natomas, Rosville, Rocklin, Folsom and the entire Sacramento region.
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Source:Bill Joyce
Email:***@betterhomelessmoney.com Email Verified
Zip:95757
Tags:Elk Grove, California, Real Estate, Sacramento, Short Sale, Reo, Foreclosure, Forclosure
Industry:Real Estate
Location:Elk Grove - California - United States
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