Elk Grove, CA Real Estate News

By Chris Molina, Realtor, Elk Grove CA
(Cooper & Associates Real Estate)
According to the State of California's 2006-2007 Academic Performance Index (API) growth report that was released on August 31st, the Elk Grove Unified School District (EGUSD) is still making progress academically.  The district's performance grew eight points since the spring, beating the statewide average of California's students by 37 points.  Socioeconomically disadvantaged students, ESL (English as a Second Language) and disabled students in the Elk Grove school district, moved closer to the state's target API of 800.  The annual performance index, is the way to hold the schools accountable for their academic performance.44 of the district's elementary, middle and high schools, have scored as well or better than the state's average API of 727, while 27 schools have passed the 800 m...
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By Chris Molina, Realtor, Elk Grove CA
(Cooper & Associates Real Estate)
Ready to sell your Elk Grove California home?Hold on, it may be easier said than done... Selling your home just got tougher.  Remember the time when sellers can simply put a sign up and offers would come pouring in within days not weeks?  Or when there were multiple offers on one house?  Those times are gone.  We all know that Elk Grove CA is a great place to live and raise a family so the old adage of location, location, location is a wash.  Now, sellers really need to make their house stand out among the vast selection of existing homes eagerly waiting for a buyer.  Below are some key points to selling your home quickly in a soft market.Sellers need to make a good first impression.  Think about when you first bought the home.  What attracted you to it?  Was it cluttered?  Buyers usual...
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By Chris Molina, Realtor, Elk Grove CA
(Cooper & Associates Real Estate)
Movies like Fast and The Furious, TV shows like Pimp My Ride, and even video games like Need 4 Speed Underground and Midnight Club, has helped street racing become mainstream.  It's very difficult to drive down the street without seeing a "tricked-out" Honda Civic or Acura Integra.  And with communities like the Franklin Reserve in Elk Grove, CA where neighborhoods are still under development, there are plenty of open, unoccupied streets that are ripe for illegal street racing.  I personally remember going to Grant Line Rd off Highway 99 to watch plenty of illegal street races back in high school.  Illegal street racing has certainly gone high tech since then.  Those who participate either as a racer or as a spectator use their cell phones, police scanners and other devices to avoid arr...
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By Chris Molina, Realtor, Elk Grove CA
(Cooper & Associates Real Estate)
On Wednesday, August 22, 2007, a new police vehicle will be seen patrolling the streets of Elk Grove in addition to the commonly seen Ford Crown Victoria patrol cars. Elk Grove Police Officers will now be patrolling the city of Elk Grove in a 2007 Dodge Charger, equipped with the police package and a state of the art siren system manufactured by Federal Signal called the "Rumbler". The 2007 Dodge Charger will be marked in the familiar "black and white" body color with reflective “Police” designs on the side doors and an overhead light bar. The Dodger Charger will also be equipped with a high tech low frequency siren call the "Rumbler". The "Rumbler" comes with two woofers, a timer and an amplifier and is capable of producing a loud, low-pitched siren that is designed to get the attenti...
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By Chris Molina, Realtor, Elk Grove CA
(Cooper & Associates Real Estate)
The 10-acre, Machado Dairy Park, has hit its ninth step in the park planning process.  The park which is located in the Franklin Reserve Neighborhood of Elk Grove, has been highly anticipated by nearby residents for about two years.  According to the Cosumnes Community Services District Website, the average time needed to build a park varies from approximately 2 years & 3 months for a small park project to approximately 3 years & 6 months for a large park project.  By reaching the ninth phase of the planning project, this signifies that the park is in the establishment/grow-in period where it would give time for the newly planted plants and sod to grow before opening. This step usually takes about 3 months while all the finishing the final touches to the park are completed.  The next an...
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By Lori Mode, Real Estate Made Simple
(The Mode Real Estate Group)
                                                        My Historical Perspective of                                                                                         ELK GROVE, CA I have lived and worked in Elk Grove for over 35 years and just want to give all of you interested in the Elk Grove community a little hometown perspective of Elk Grove through the years.  In 1972, when my family moved to the Elk Grove area, there were no stop lights in town, no fast food restaurants, a population of less than 11,000, 1 high school - Elk Grove High School and 2 junior highs - Joseph  Kerr and James Rudder.  When ny family moved to this "farm" community on the "outskirts" of Sacramento during my Junior year of high school - I thought I had moved to Kansas or something.  Sorry to all of y...
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By Chris Molina, Realtor, Elk Grove CA
(Cooper & Associates Real Estate)
Market Report for ELK GROVE CA 95757 for August 1 - August 30, 2007Real Estate Market Conditions At Cooper & Associates Real Estate,  we continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find the Elk Grove CA 95757 real estate statistics for the month of August. Total number of homes for sale in Elk Grove CA 95757 (Active): 449Number of homes entering the market in August (Active): 134Number of homes entering escrow in August (Pending): 35Number of homes closing escrow in August (Sold): 23Number of homes expiring in August (Expired): 36Average listing price (Active):  $448,393Average listing price (Pending):  $400,328Average days on market (Pending):  62Average selling price (Sold):  $431,295Average days o...
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By Chris Molina, Realtor, Elk Grove CA
(Cooper & Associates Real Estate)
Market Report for ELK GROVE CA 95757 for July 25 - August 1, 2007Real Estate Market Conditions At Cooper & Associates Real Estate,  we continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find the Elk Grove CA 95757 real estate statistics. Total number of homes for sale in Elk Grove CA 95757 (Active): 434Number of homes entering the market (Active): 36Number of homes entering escrow (Pending): 8Number of homes closing escrow (Sold): 11Number of homes expiring (Expired): 16Average listing price (Active):  $431,299Average listing price (Pending):  $432,863Average days on market (Pending):  41Average selling price (Sold):  $382,748Average days on market (Sold): 44To find the value of your home with a free, no-ob...
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By Chris Molina, Realtor, Elk Grove CA
(Cooper & Associates Real Estate)
The Franklin Reserve is an organization made up of residents and homeowners of the South-Southwest part of Elk Grove, CA. More specifically, the Franklin Reserve is the neighborhood surrounded by the four major thoroughfares: Elk Grove Blvd, Bruceville Road, Bilby Road and Willard Pkwy/Franklin Blvd and  falls within the 95757 zip code. The Franklin Reserve is not a homeowner's association but rather a neighborhood association. Its members are taking a proactive approach to preserving the neighborhood's values, appearance and safety. The Franklin Reserve Neighborhood Association or FRNA as they are commonly referred to on their website: http://www.franklinreserve.org sponsor their own events such as "Hula at Sunset" to raise money for charity. They also participate in other events such ...
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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 home owners have been battling over 2 years now, for a Big Box Ordinance. The Elk Grove City Council last week finally adopted a Big Box Ordinance for Elk Grove.This debate started two years ago when Walmart proposed a Big Box store within a neighborhood. Local home owners as well as other residents came together and demanded that a Big Box store was not appropriate for the neighborhood.Big Box stores will be appropriately located outside the perimeter of a neighborhood and homeowners are reassured that their property values and neighborhood way of life will not be hampered by Big Box Stores entering their neighborhood. All is well now, with the Big Box Ordinance. Thank you, Elk Grove City Council.Get Ready, Get Set...Elk Grove Summerfest 2007 is coming to Elk Grove Old To...
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By Chris Molina, Realtor, Elk Grove CA
(Cooper & Associates Real Estate)
Market Report for ELK GROVE CA 95757 for July 9 - July 16, 2007Real Estate Market Conditions At Cooper & Associates Real Estate,  we continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find the Elk Grove CA 95757 real estate statistics for the second week of July.Total number of homes for sale in Elk Grove CA 95757 (Active): 427Number of homes entering the market (Active): 33Number of homes entering escrow (Pending): 10Number of homes closing escrow (Sold): 5Number of homes expiring (Expired): 11Average listing price (Active):  $448,637Average listing price (Pending):  $424,807Average days on market (Pending):  59Average selling price (Sold):  $476,000Average days on market (Sold): 34To find the value of you...
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By Gena Riede, Real Estate Broker - Sacramento CA Real Estate (916) 417-2699
(Riede Real Estate, Lic. 01310792)
The Elk Grove, CA Promenade Shopping Mall was approved by the City Council of Elk Grove on Wednesday night. The Promenade Mall, an open air mall is set to open October 2008 and provide within the first year of opening 2,500 new jobs for Elk Grove citizens along with a sales tax revenue expected of $4 million.Now, doesn't that make more sense than building yet more homes? It's time to bring some jobs into Elk Grove. This is a good start. Next is big business...higher paying jobs. If you want a City to prosper, in my opinion you need to focus on establishing new business partners along with controlled, responsible growth. There are plenty of cities to emulate that have done just that. Elk Groveis a new City as of July 2000 and has been growing leaps and bounds. Some may say, a litttle too...
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By Chris Molina, Realtor, Elk Grove CA
(Cooper & Associates Real Estate)
Market Report for ELK GROVE CA 95757 for July 1 - July 8, 2007Real Estate Market Conditions At Cooper & Associates Real Estate,  we continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find the Elk Grove CA 95757 real estate statistics for the third week of May.Total number of homes for sale in Elk Grove CA 95757 (Active): 411Number of homes entering the market (Active): 32Number of homes entering escrow (Pending): 9Number of homes closing escrow (Sold): 4Number of homes expiring (Expired): 7Average listing price (Active):  $464,869Average listing price (Pending):  $438,970Average days on market (Pending):  80Average selling price (Sold):  $418,750Average days on market (Sold): 50To find the value of your hom...
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By Chris Molina, Realtor, Elk Grove CA
(Cooper & Associates Real Estate)
On Saturday, 07/07/07, Cooper & Associates Real Estate will be presenting a First-Time Home Buyer class starting at 12:00 PM at Old Republic Title Company in Elk Grove, CA. With all the homes for sale today, NOW is the perfect time to buy! We'll show attendees how to take advantage of this buyer's market, how to purchase a home with as little as $1000 out of pocket, and what to look for when purchasing a home. We'll provide information on First-Time Home Buyer programs, government grants, and down payment assistance programs. Light refreshments will be served and our agents will stand by to answer any specific questions that attendees may have about the home buying process or about their individual situations. Although this class is FREE to the public, a reservation is required. Please ...
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By Maria Sayson
(Five Diamond Realty)
I worked at the fireworks booth today on the corner of Elk Grove Blvd. and Waterman Rd., It seems like only yesterday that these roads were fields and our town had no Starbucks. As I watched the cars and met with the people who stopped by our booth (thank you for the support!) I was filled with a sense of satisfaction. I was in my hometown! A town where people still know each other and support each other. Thank you Elk Grove for the parades, the blood drives and even the spaghetti feeds (those carbs go straight to my hips!) :) Thank you for providing fireworks at the park where we can enjoy our family and the magical light show. Have a great 4th of July!Thank you for reading my first blog! Mariaps...if you don't have your fireworks yet, we have a great booth near Jamba Juice on Elk Grov...
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By Joshua Espiritu
(Real Estate America)
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.
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By Dan McCurry
(Keller Williams Realty )
Wow! what a great time to buy. Interest rates are still down, just creeping up a little, and the number houses to choose from makes for some great opportunities.
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By Dwayne Brown, "See What Brown Can Do For You"
(Brown Realty Group)
These are Elk Grove MLS statistics for the previous month and current month and will be updated on a monthly basis.June thru 6/15/07 Number of Residential Properties on Market - 419Number of Residential Properties Sold - 55Average Sales Price - $395,804 (down 16.69% from same time last month)Average Listing Price - $403,407Average Days on the Market - 56
MayNumber of Residential Properties on Market - 462Number of Residential Properties Sold - 120Average Sales Price - $475,107Average Listing Price - $480,959Average Days on the Market - 51
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By Chris Molina, Realtor, Elk Grove CA
(Cooper & Associates Real Estate)
Market Report for ELK GROVE CA 95757 Real Estate Market Conditions At Cooper & Associates Real Estate,  we continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find the Elk Grove CA 95757 real estate statistics for the third week of May. Total number of homes for sale in Elk Grove CA 95757 (Active): 396Number of homes entering the market (Active): 29Number of homes entering escrow (Pending): 6Number of homes closing escrow (Sold): 8Number of homes expiring (Expired): 10 Average listing price (Active):  $504,915Average listing price (Pending):  $463,713Average days on market (Pending):  49Average selling price (Sold):  $456,749Average days on market (Sold): 74 To find the value of your home with a free, no-obl...
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By Chris Molina, Realtor, Elk Grove CA
(Cooper & Associates Real Estate)
Market Report for ELK GROVE CA 95757 Real Estate Market Conditions At Cooper & Associates Real Estate,  we continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find the Elk Grove CA 95757 real estate statistics for the third week of May. Total number of homes for sale in Elk Grove CA 95757 (Active): 401Number of homes entering the market (Active): 49Number of homes entering escrow (Pending): 15Number of homes closing escrow (Sold): 5Number of homes expiring (Expired): 11 Average listing price (Active):  $527,159Average listing price (Pending):  $451,596Average days on market (Pending):  56Average selling price (Sold):  $486,100Average days on market (Sold): 77 To find the value of your home with a free, no-ob...
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