Sacramento Real Estate Blog

Rancho Cordova Real Estate Market Update: October 2009

Sacramento Real Estate Gal - Purva Brown — Fri, 20 Nov 2009 16:25:04 +0000

At first glance the statistics in Rancho Cordova real estate seem to show a homebuyer’s market where the homebuyers themselves are waiting with bated breath to see what will happen. Just 19 homes sold this month in the area of which 9 were short sales, 9 were non-distressed sales and just 1 was an REO. [...]

Orangevale Real Estate Market Update: October 2009

Sacramento Real Estate Gal - Purva Brown — Thu, 19 Nov 2009 16:16:48 +0000

A total of 41 homes sold this month in the city of Orangevale, an overall unit volume increase of 24.2% year over year. Of these, 19 were foreclosure sales, 4 were short sales and 18 were non-distressed homes. The good news of course is that non-distressed home sales are up by 100% year over year. [...]

Galt Real Estate Market Update: October 2009

Sacramento Real Estate Gal - Purva Brown — Wed, 18 Nov 2009 17:00:44 +0000

Some interesting changes in Galt on the real estate front have occurred and are no doubt encouraging to home sellers. If the banks really are controlling the release of inventory then at least in Galt they seem to be doing a fine job of it. Foreclosure sales fell by 51.3% year over year while short [...]

North Highlands Real Estate Market Update: October 2009

Sacramento Real Estate Gal - Purva Brown — Tue, 17 Nov 2009 17:00:29 +0000

It’s been a few months since we looked at the real estate landscape of the North Highlands area and since then a few changes have occurred, although none can be considered earth shattering. Foreclosure sales have fallen, as elsewhere in Sacramento county and at a 63.3% decline year over year the change is significant. Just [...]

Fair Oaks Real Estate Market Update: October 2009

Sacramento Real Estate Gal - Purva Brown — Sun, 15 Nov 2009 16:48:34 +0000

The real estate market in Fair Oaks is now nicely poised for a recovery. Of course we’ll have to see how it actually happens and how long it takes but the homebuyers definitely seem to be making their move lately. 41 homes sold in the area, up 28.1% year over year. Even with foreclosure sales [...]

Citrus Heights Real Estate Market Update: October 2009

Sacramento Real Estate Gal - Purva Brown — Fri, 13 Nov 2009 16:33:34 +0000

98 homes sold in the area of Citrus Heights in the month of October signifying an overall unit volume drop of 17.6% year over year. Foreclosure sales by themselves dropped 52.4% for the same period while short sales rose 71.4% along with non-distressed sales which rose 62%. The total area taken up non-distressed sales has [...]

Carmichael Real Estate Market Update: October 2009

Sacramento Real Estate Gal - Purva Brown — Thu, 12 Nov 2009 16:33:16 +0000

The total number of homes is mostly unchanged year over year for Carmichael, although the real estate landscape has changed a little. Foreclosure sales for instance have fallen 44% for the same period. Short sales have not changed at all - 9 seems to be the magic number for October sales last year as well [...]

Folsom Real Estate Market Update: October 2009

Sacramento Real Estate Gal - Purva Brown — Tue, 10 Nov 2009 16:15:56 +0000

Real estate prices as well as home sales in Folsom have recovered slightly, a phenomenon not seen often lately. 69 homes sold in the Folsom area - almost the same number as last October. These included 22 foreclosure sales, 11 short sales and 36 non-distressed homes. This is an increase in unit volume year over [...]

Elk Grove Real Estate Market Update: October 2009

Sacramento Real Estate Gal - Purva Brown — Mon, 09 Nov 2009 16:15:49 +0000

247 homes sold in Elk Grove this month, an overall unit volume decline of 23.8% year over year. More significant perhaps is the fact that while a year ago distressed property sales made up 86% of all real estate sold in the area, today distressed property sales are at 72% of all sales. Foreclosure sales [...]

El Dorado County Real Estate Market Update: October 2009

Sacramento Real Estate Gal - Purva Brown — Sun, 08 Nov 2009 13:05:55 +0000

The same trend that encouraged homebuyers to look outside of Sacramento county and buy a home in El Dorado county is being seen today. Although prices might be a factor, they are not the only reason. The reason might well be that El Dorado county sometimes trails behind Sacramento county in trends. As an example, [...]