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Elk Grove, CA Real Estate News

By Lori Mode, Real Estate Made Simple
(The Mode Real Estate Group)
Now that the campaigning is all done, the signs have come down and the election is over, it's important to take a look at who we elected in the City of Elk Grove. Elk Grove City Council - District 1 - Jim Cooper with 58.01% of the vote - Jim was the incumbent and has served on the City Council previously and was also our Mayor      Here are some links to help you get better acquainted with Jim Cooper -           Jim Cooper - Elk Grove city council candidate forum           Jim 'Silent Cal' Cooper conducting front porch campaign           Jim Cooper on crime in Elk Grove Elk Grove City Council - District 3 - Steve Detrick with 58.68% of the vote - Steve is new to the City Council and has been have been employed with PG&E for 34 years, currently as an Associate Electric Distribution Engin...
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By Nancy Lancaster, Realtor - EcoBroker - Healthy Homes Program Coordinator
(Lyon Real Estate - Sacramento, CA)
The United States Environmental Protection agency (USEPA) recently announced their 2007 update of chemical release report information.  Their on-line database is called the "Toxics Release Inventory"  (TRI). The TRI database tracks chemical releases that must be reported by the Emergency Planning and Community Right to Know Act of 1986. I decided to check out the TRI database, and I entered the zip code for my neighborhood.  As I hit the web link, I had a fleeting thought...  "I'm so fortunate to live far away from companies that use toxic chemicals".  Wow, was I surprised!  I learned that Georgia-Pacific Chemical has a manufacturing facility about one mile from my home....and yes, they had reported releases.  Nine releases in 2007 to be exact.  The facility is located at the end of a d...
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By Gena Riede, Real Estate Broker - Sacramento CA Real Estate (916) 417-2699
(Riede Real Estate, Lic. 01310792)
New Elk Grove Homeowner Elk Grove Real Estate Market stats are ready for October 2008. On Friday, I added a sold home to the list for Elk Grove. A family of First Time Home Buyers received their keys on Friday morning in Elk Grove.  Just in time for Halloween! To read more about these great Elk Grove Home buyers and real estate statistics in Elk Grove just click on Elk Grove October Real Estate Market Report If you are interested in looking at homes for sale in Elk Grove, CA simply click I want to see all homes for sale in Elk Grove. Or click below to see homes for sale in a specific area: There is a great house for sale in Elk Grove, 95758 built in 2005 with 5 bedrooms, 3 baths, granite counter kitchen, huge Family room, with a built-in pool for sale that is move-in ready. Be sure to ...
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By Erin Newington, Sierra Foothills Realtor
(5305573559)
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By Mark DeGennaro, Your Real Estate Resource
(Coldwell Banker Res. Brokerage)
This is Great news for Elk Grove, we have needed a family destination here for a long time. Lets hope that this goes as planned. The Idea sounds great, and the bowling alley should open next month _________________________________________________________________________________________________  City goes with one-stop shopping for family  recreation By Bob Walterbwalter@sacbee.com Published: Sunday, Oct. 26, 2008 | The town that didn't have a bowling alley will not only get one - but also will have a fitness center, water park, extreme sports complex, synthetic ice skating rink and maybe even a gymnastics academy. All in one spot.Dream X At 200,000 square feet, almost half the size of Arco, the cavernous former JVC compact disc manufacturing plant on Laguna Boulevard will feature a Stri...
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By Gena Riede, Real Estate Broker - Sacramento CA Real Estate (916) 417-2699
(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.    Click to see all Short Sale homes for sale in Elk Grove, CA 95757 Click to see all Short Sale homes for sale in Elk Grove, CA 95758 Click to see all Short Sale Homes for Sale in Elk Grove, CA 95624 Along with the Short Sale homes there are 271 REO Bank Owned homes for Sale throughout Elk Grove, CA Click out see all REO/bank owned homes for sale in Elk Grove, CA 95757 Click to se...
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By Mark DeGennaro, Your Real Estate Resource
(Coldwell Banker Res. Brokerage)
Hello, I just wanted to let you know that the time line to file the tax reassessment application. I did file this on my home and was able to reduce my taxes over $2000. I am letting my clients know about this option to help them save a few dollars in a challenging economic time. The Sacramento county assessors office has more information. The site will show the properties that have been reduced, but remember there is still room for reduction on many homes. Mark DeGennaro Keller Williams Realty 9355 E Stockton Blvd. Suite 210, Elk Grove, CA 95624 Direct: (916) 688-8060 Office: (916) 480-8324 E-mail: markdegennaro@kw.com Website: http://markdhomesales.com
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By Gena Riede, Real Estate Broker - Sacramento CA Real Estate (916) 417-2699
(Riede Real Estate, Lic. 01310792)
Elk Grove, CA real estate is selling. September 2008 real estate market report shows the home sales in each of the 3 zip codes, 95624, 95758 and 95757 are up.  Since Elk Grove, CA experienced a high boom in new home sale, there have been quite a few foreclosures in Elk Grove.   In the below video I inadvertently said the stats were for the month and I should have said, year-to-date. I apologize for the error. In my opinion as an Elk Grove Realtor, since Elk Grove has the highest number of foreclosures in the Sacramento area and also had the biggest new housing boom it tells me that new home builders were not looking out for the home buyers interest in getting them good loans. That's just another good reason to make sure as a home buyer looking to buy a new home from a new home builder t...
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By Gena Riede, Real Estate Broker - Sacramento CA Real Estate (916) 417-2699
(Riede Real Estate, Lic. 01310792)
The September 2008 Real Estate report for Elk Grove, CA is above showing a break-down of the three major areas in Elk Grove by zip code. Since over 90% of the homes for sale and homes sold are bank owned homes, this report is remarkable with 700 homes selling in 95624, 662 homes sold in 95758 and 847 homes sold in 95757. The reason why there are so many bank owned homes in Elk Grove is the extreme amount of building that occurred over the past few years. In most cases, builders offer one lender to the new home buyer with very little choice in loan programs. Since prices were at their peak, loan programs were mixed with negative ARMs and fluctuating interest rates, this became a recipe for disaster. Now, with these same homes that sold for $500,000 being resold in the $200,000 range per...
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By Lori Mode, Real Estate Made Simple
(The Mode Real Estate Group)
This great single story bank owned listing sold in 2 days!  Located in a newer neighborhood in East Elk Grove this home was very clean and well maintained...it was listed at $234,900 and closed escrow at $250,000!  We had multiple offers on this home immediately upon it being put on the market.    Now is a great time to sell your hone and move up!  Inventory is actually down and homes are selling!  That house that you couldn't afford a year or two ago, may be within your reach NOW! Interested in selling your home, call to schedule a FREE consultation TODAY!   Coming soon 8428 Water Poppy Way, Elk Grove 95624 8321 Kamelia Court, Elk Grove 95624 9752 Lilac Fields Place, Elk Grove 95624 8274 Crystal Walk Way, Elk Grove 95758 616 Bernier Circle, Galt 95632 744 Lake Canyon Avenue, Galt 95632...
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By Mark DeGennaro, Your Real Estate Resource
(Coldwell Banker Res. Brokerage)
Congratulations to Amanda and Zack on the purchase of their New Home! Posted by Mark Degennaro Congratulations,  Amanda and Zack on the purchase of their new home! Located  on  Gatemont Cir,Elk Grove,CA  This is a great location located near Hwy 99, Elk Grove Park and the future home of the Elk Grove Prominade. I know the couple will enjoy their 4 bedroom home, The pool will be great for those hot summer nights. Amanda and Zach it was great working with you, and I look forward to your wedding. To Search for your new home Visit  My Website @ MarkDRealty.com  Or Call 916-688-8060
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By Gena Riede, Real Estate Broker - Sacramento CA Real Estate (916) 417-2699
(Riede Real Estate, Lic. 01310792)
Elk Grove, CA has more bank owned foreclosed homes than any other city or community in the Sacramento area. With banks being slow on the uptake and not moving these foreclosed homes for sale in a timely manner while home buyers are interested, this could mean just another thorn in the banks side. Sacramento is fining banks for unsightly properties and sometimes the fines out value the house in foreclosure. It's time for the banks to get with the program. We know you don't know how to handle real estate, it's obvious. Get some real estate professionals on board to help you...you are making a mess of it and you need assistance. Here are some thoughts for the banks to improve the way they are handling foreclosed and short sale homes for sale: Renegotiate loans where homeowners now have esc...
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By Elizabeth Weintraub Sacramento Broker, Put 40 years of experience to work for you
(Elizabeth Anne Weintraub, Broker)
As shocking as this may sound to some, I decided to take part of Sunday off and go to the movies with my husband. He wanted to see Batman -- so I countered with Richard Gere. Draw. Thought about the new Coen Brothers' movie, but that's a DVD movie (not a 5-star). So, there was only one choice left: WALL-E.Certain movies show better on the big screen than they do at home. You want the color, action and sound to be bigger than life, and a movie-house theater gives you that. We went to the Elk Grove Century Theatres on Big Horn near Laguna Boulevard. First, we were faced with a long line for tickets, which was our first clue that this business apparently has made cutbacks. Many ticket windows, but only one was open.Once inside, what used to be two lines for snacks was routed into one line,...
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By Erin Newington, Sierra Foothills Realtor
(5305573559)
<!-- .style22 {font-family: Arial, Helvetica, sans-serif} .style23 { color: #990000; font-family: Arial, Helvetica, sans-serif; font-size: 24px; } .style25 { color: #990000; font-weight: bold; font-family: Arial, Helvetica, sans-serif; font-size: 24px; } .style29 {font-size: 12px} .style30 { font-size: 24px; font-weight: bold; color: #990000; } .style32 {font-size: 18px} .style36 {font-size: 14px} .style37 { font-family: "Times New Roman", Times, serif; font-weight: bold; font-size: 18px; } .style39 { font-size: 18px; font-family: Arial, Helvetica, sans-serif; color: #000066; } .style40 { font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 24px; color: #000066; font-weight: bold; } --> Join at the next Elk Grove Real Estate Investment Group meeting! Wednesday, October 8th...
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By Erin Newington, Sierra Foothills Realtor
(5305573559)
It is that time a year again where you let out your belt, put on your bib and polish up your fork! Elk Grove Rotary's 3rd Annual Reef and Beef is on September 27th! If you want to have a good time and have your investment benefit local Elk Grove Parks, Elk Grove and Galt High School FFA (Future Farmers of America) youth programs, and Project Ride this is your event! Last year Todd and I were in charge of puting together the bar!  Now that is my kind of job :)! The event was not only a great time but we helped raise over $100,000 donations that benefited local school programs and more! We had a blast not only digging through the heaps of BBQ'd oysters that were dumped in the middle of our table, but we kicked up our heals and danced until they finally shut down the live band.  Let me tel...
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By Erin Newington, Sierra Foothills Realtor
(5305573559)
What are these people thinking? It was a year ago when Elk Grove police arrested 15 suspects during a series of marijuana busts that targeted 21 homes in the Elk Grove area. Now a year later Elk Grove's police's street crimes unit arrested another 12 suspects and located more than 2000 plants in the Elk Grove and Sacramento areas. At this time it does not appear that the two bust are related. I just can't believe that these folks did not learn from the first round of arrests. How could you be so bold (aka stupid) to think you could get away with it! I feel bad for the neighborhoods involved. Here is a link to the article in yesterday's paper:http://egcitizen.com/articles/2008/09/25/news/doc48da73e6e8c8c001664263.txt  
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By Lori Mode, Real Estate Made Simple
(The Mode Real Estate Group)
The market has been changing for the past couple of months, but it has become so evident that even our local newspaper has jumped on the bandwagon.  Yesterday in the Sacramento Bee, Jim Wasserman reported that "Today, there are almost 5,000 fewer home for sale than in August 2007."  For complete story, read Home Front: Home inventory trimmed in capital, W. Sac by Jim Wasserman.  We have been seeing multiple offers on bank owned homes in the Elk Grove market areas.  The banks have been very aggressively pricing their homes and we have seen 12, 15, 20+ offers on these homes and some are going well above asking price.  I did a quick survey of the past 30 days in the Elk Grove area for REO or Bank Owned homes, comparing listing to final sales price and here are the results: 95624 - there we...
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By Erin Newington, Sierra Foothills Realtor
(5305573559)
Spaghetti Feed to benefit Project Ride Elk Grove on September 20th!  The third annual Carol Meador Memorial spaghetti feed for Project R.I.D.E. students will be Saturday, Sept. 20th with proceeds benefiting the therapeutic horseback-riding program for special needs children and adults. No host bar from 6pm - 11pmFamily Style Dinner at 7pm Live music - Live Auction - Children's Games and Raffle Location:R.I.D.E. Arena8840 Southside Ave.Elk Grove, CA 95624Tickets are $10 each, $3 ages 3-12 and $25 for a family of two adults and two children. Call 685-7433 for more information.This is a great event for the whole family!
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By Robert Machado, CPM MPM - Property Manager and Property Management
(HomePointe Property Management, CRMC)
In the 3rd Quarter of 2008 Elk Grove single family dwellings have continued to rent out at a strong pace.  Elk Grove covers a large area and three zip codes:  95624 (old Elk Grove east of Hiway 99), 95757 and 95758 (Laguna and Laguna West). Rents in Elk Grove for a three bedroom home ranged in price from $1000-$1800.00.  The average was $1368.00 and a total of 63 homes were on the market during our survey day.  The underlying price is pretty close to $1.00 a square foot, but does vary based on location and condition of the home.  Rents in Elk Grove for a four or five bedroom home ranged from $1360.00-$1980.00.  The average was $1646.00 and a total of 52 such homes were on the market on our survey day.  Again, the underlying price is close to $1.00 a square foot.  Keep in mind that the b...
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By Gena Riede, Real Estate Broker - Sacramento CA Real Estate (916) 417-2699
(Riede Real Estate, Lic. 01310792)
Elk Grove, CA is a growing city just 20 minutes from Downtown Sacramento which has access to Hwy 99 and Interstate 5. The city of Elk Grove has grown leaps and bounds since 2000 with many new homes which stretch 3 zip codes, 95624, 95757, 95758. If you are relocating to the Sacramento area, Elk Grove is one of the cities you might want to consider. Let me take you on a quick tour of several neighborhoods in Elk Grove, CA. Take a short tour and get a flavor of Elk Grove, CA below       Lot sizes vary in Elk Grove but typically lots in Elk Grove are larger than many of the surrounding cities and neighborhoods giving home buyers an incredible array of choices in neighborhood subdivisions to live. Elk Grove Unified School District covers 320 square miles with 64 schools within Elk Grove, th...
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