How many Homes in zip code 95670 Rancho Cordova California are Short Sales as of December 21, 2009?

By cplumb • December 21st, 2009

How many Homes in zip code 95670 Rancho Cordova California are Short Sales as of December 21, 2009?

Total Short Sales – 130

Short Sales in Escrow – 21

Short Sales with Offers – 75

Short Sales with NO Offers – 34

This report will be provided for the benefit of the homeowners and future homeowners of Rancho Cordova California, specifically zip code 95670. Many economists have stated that the Real Estate market is recovering. I’m personally skeptical that the Real Estate market is recovering. I let the numbers tell the story.

The current Real Estate market in Sacramento County has over 65% Short Sales. This means that over 65% of homes that are for sale in Sacramento County are homeowners who owe more on their home than it is worth. The Short Sale market is an indicator of how the Real Estate market is currently functioning. The more Short Sales, the more the Real Estate market is distressed.

It’s my belief that each city and town has its own Real Estate market. I will be covering the following Short Sale Real Estate markets within my blog: Fair Oaks California, Orangevale California, Folsom California, Carmichael California, Citrus Heights California, Rancho Cordova California, Anatolia California, and Mather California.

I specialize as a Short Sale Realtor in Rancho Cordova. Another common name used for Realtor is Real Estate Agent.

 

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