There were 81 transactions total with almost 42% of the activity going towards price reductions.
Sellers who do not have to sell short are facing a lot of competition from those homes that are short sales where the lender and the owner are looking for a quick sale and therefore price below the market. Therefore sellers are having to lower the price in order to gain attention from potential buyers, note that 42% of activity in the Elk Grove zip codes, have gone to price reductions.
24 Hour Market Watch for 95624, 95757 & 95758
24 Hour Market Watch for zip codes 95624, 95758 and 95757
There were 81 transactions total with almost 42% of the activity going towards price reductions.
Sellers who do not have to sell short are facing a lot of competition from those homes that are short sales where the lender and the owner are looking for a quick sale and therefore price below the market. Therefore sellers are having to lower the price in order to gain attention from potential buyers, note that 42% of activity in the Elk Grove zip codes, have gone to price reductions.
There were 81 transactions total with almost 42% of the activity going towards price reductions.
Sellers who do not have to sell short are facing a lot of competition from those homes that are short sales where the lender and the owner are looking for a quick sale and therefore price below the market. Therefore sellers are having to lower the price in order to gain attention from potential buyers, note that 42% of activity in the Elk Grove zip codes, have gone to price reductions.
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