El Dorado Hills Neighborhood -The Summit The Summit Neighborhood - El Dorado Hills CA - This beautiful neighborhood is situated on the northern end of El Dorado Hills off Francisco Boulevard.  So exquisite an area that it was chosen for the location of the 1988 Street of Dreams Home Tour for the Sacramento area.  There were a few homes in there before that time but it really took off in the 1990's and since.  There are approximately 190 home sites inside the gated community ranging in size from just over 1/3 acre to 2.33 acres and only a few of those lots remain undeveloped but tightly held by their owners.  The homes range in size from just over 3000 to just under 11,000 square feet.  Some of the homes towards the back of the neighborhood have Folsom Lake views adding to their gracious... 01/18/2011

Latest News and Topics of Interest:   The rapid decline in long-term interest rates continued in December.  Due to continuing actions by the Federal Reserve board, according to FreddieMac.com, the average cost of a 30 yr. fixed mortgage in the Western U.S. has dropped from 6.47% on 11/1/08 to 5.60% on 12/1/08 to 5.01% on 1/1/09.  "Word on the street" is still suggesting 30 yr. mortgages at 4.50%, or less, soon.  On the horizon:  Expect Obama's stimulus package to include a provision, empowering bankruptcy judges with the ability to alter home loans in an effort to prevent foreclosures.  The purpose of this is to get lenders to further engage in loan modifications and short sales, or the courts will do it for them.  National & Regional Snap-shot:  What a difference a year makes: 1,872 ho... 01/12/2009

The Summit in El Dorado Hills, California is an upscale custom home gated community. The large lots and lake views make the Summit one of the more exquisite neighborhoods in El Dorado Hills. Real estate options range from custom homes and custom lots. Homes from $1 million and land from $875,000. visit my El Dorado Hills Real Estate site and search El Dorado Hills Homes for sale. 06/19/2007