Citrus Heights short sales are rocking! Nowhere in the Sacramento area has the increase in successful short sales been as dramatic as Citrus Heights over the last year-
Sacramento Area Short Sale Expert and Certified Short Sale Specialist Reports on Citrus Heights:
Here’s the Citrus Heights Short Sale Chart:
Successfull Short Sales In Citrus Heights
Just look at the numbers!~ These numbers are the combined totals for both Citrus Heights 95621 and 95610 zip codes.
In January 2009 there were 67 active single family (not condos or duplex’s/triplexes) short sales on the Citrus Heights real estate
market. In the same month, there were 6 yes, six closed short sale transactions and nine that went pending, or into escrow (Short sale approved by the lender) in citrus heights- that represents a success rate of 9% for pending sales and 13 percent sold.
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Nearly ten percent- actually pretty good at a time where the Sacramento MLS successful short sale
average was just about 7%…
Fast forward a year-
In January 2010, there were seventy three (73) active short sales
in both Citrus Heights Zip codes
; 95610 and 95621. During the same 31 days, 52 short sales
went pending! And 20 short sales sold
! Those represent 43% went pending (short sale approved
by lender) and 27% were sold or closed escrow!
Those are huge numbers and a huge ray of hope for all Sacramento Short Sale Sellers