Tag Archives: Elk Grove real estate

3920 Packwood Way Elk Grove Home For Sale

Property Description:  Inside this home feels like a separate world! Instantly at peace when you enter the gate to the lush patio with trickling pond water and cool shade! Formal rooms flank the entry, with fireplace in the living room. Bright and open kitchen has counter to ceiling window to patio, solid surface counters, and large work spaces. Family room has a patio off each side! One shared with the front entry, and the other with the extra bed. Master suite has amazing open shower room, & walk-in closet. 

To see 2111 Gold Rush Dr. Gold River CA 95670 or other houses in Sacramento, CA call The Mode and Durham Team at (916) 405-5765.

If you would like to find out how much your Sacramento home is worth, check our home value site, at http://www.SactoHouseValue.com, or call us at (916) 405-5737.

The Mode and Durham Team have been selling real estate in the Sacramento/Elk Grove area for over 25 years and are here to assist with your home purchase or sale!

Houses for sale in Sacramento, CA

·        Arden Area

·        Antelope

·        West Sacramento

·        Sloughhouse  95683 

·        Churchill Downs 95829

·        Vintage Park  95828

·        Sacramento  95823

·        Greenhaven/Pocket Area

To find the value of your Sacramento/Elk Grove home make sure to get your Sacramento home value via the internet at http://www.SactoHouseValue.com

 

Presented By:

The Mode & Durham Team

Keller Williams Realty
916-405-5765
Licensed In: CA
License #: 00935148

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Keller Williams Realty works with sellers, buyers, developers and investors all throughout Sacramento, Elk Grove and all of California. Each Office is Independently Owned and Operated. 2017 Keller Williams Realty. Equal Housing Opportunity.

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Real Estate News January 2017

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Real Estate News January 2017
Shadow Inventory: More Houses Will Soon Be Available for Sale
By Alexis Craig, RISMedia
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Image 1All signs point to an improved housing market—home values are up by about 30 percent since 2012, they’re selling faster, and overall demand is high. But this recovery has led to a dramatic decrease in the overall housing inventory.

Fortunately, there might be some relief from the shortage in sight. The inventory that has been hiding in the shadows for years is finally coming into the light.

Why Is This Inventory Up for Sale?
With the improved market, it would be natural to think the impact of the housing crisis is over, but there are still some old foreclosures in the pipeline that are ready to pour over the dam of legislation and legal delays that have been holding them back.

Banks and lenders are starting to make the final push to flush out homes in the foreclosure pipeline, resulting in a higher surge in repossession and REO listings. The backlog of foreclosed homes that was created by lengthy judicial reviews and long foreclosure timelines are entering the market in states like New York, Florida, New Jersey, Arkansas and Hawaii

The possibility of new foreclosures in 2017 is also impacting the housing inventory estimates. In 2016 and beyond, many homeowners may find it difficult to make their mortgage payments as “resets” are rolled out. For example, the government’s Home Affordable Modification Program (HAMP) provided temporary relief to borrowers during the housing crisis, but that relief ended after five years. These payment resets will increase the loan payment for nearly 900,000 homeowners—some of whom will find it difficult to keep up with their mortgage in this sluggish economy.

HAMP isn’t the only program. It’s estimated that about two million modifications will face interest rate resets in the coming years, and a high percentage of those homes are in depressed markets with little to no equity in their homes.

What’s the Impact?
A backlog of foreclosures are finally available for sale, but there is likely to be a second wave of foreclosed homes since the foreclosure problem wasn’t solved, but delayed. You can expect REO listings and foreclosures to increase in the next coming years. How this impacts the real estate market largely depends on how fast these homes enter the market.

Must-Have Home Features? Think Long-Term
By Maria Patterson, RISMedia
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Image 2When you’re considering purchasing a new home or adding a new feature to your existing home, it’s important to consider the long-term impacts of your choices.

According to a recent report by Kiplinger, there are seven features that will help sell a home faster: a laundry room; exterior lighting; energy efficient appliances and windows; a patio; hardwood floors; garage storage space; and an eat-in kitchen.

Conversely, some of the most unwanted features in a home, according to a National Association of Home Builders study, include a pet-washing station, an elevator and a wine cellar.

QUESTIONS? VISIT MY WEBSITE AT www.FindaHomeinElkGrove.com

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