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Let's Talk About Elk Grove CA Real Estate

By
Real Estate Broker/Owner with Riede Real Estate, Lic. 01310792

Elk Grove, CA real estate is prime for home buyers with 424 homes for sale that are homes for sale in Short Sale.  There are some terrific real estate buys to be had so if you are thinking of relocating to the Sacramento area, Elk Grove has a variety of homes throughout its three zip code area to chose from.

To view the video and Elk Grove Short ale Statistics just click Elk Grove CA hort Sale Homes For Sale

Comments (3)

William Johnson
Retired - La Jolla, CA
Retired

Hi Gena, I suspect that the number of short sales and REO's down here will be dramatically higher.

You asked a question and the way I would answer it is that the drop in numbers right now is an aberration. But in time, the Federal government will taking over much of  the defaulting loan debt and the homeowner will be able to get the terms changed. The caveat is that over the years as gains are made, the gains will shared with the government.

Oct 24, 2008 04:26 PM
Michelle Pimentel
Empire Home Staging Solutions - Upland, CA
ASP, IAHSP Empire Home Staging
Gena, I recently passed through Elk Grove and could not believe how much that community has built up! Such a shame that there are so many people losing their homes, but these will be great deals for other buyers or investors!
Oct 25, 2008 02:08 PM
Gena Riede
Riede Real Estate, Lic. 01310792 - Sacramento, CA
Real Estate Broker - Sacramento CA Real Estate (916) 417-2699

William, sounds like you are talking about HOPE.

Michelle, you are absolutely right, these will all make great homes for new people moving to Elk Grove. Too bad the builders who built these homes didn't put in place good lenders with good loan programs. The builders seem to be notorious for this and it's been to their own demise.

Oct 26, 2008 02:50 AM