January Short Sale Statistics For El Dorado Hills Up Again!
El Dorado Hills Short Sales made a huge increase in January, continuing the in the trend started in Dec. and is another short saleposter child in the Sacramento Area. Just like Folsom, Granite Bay, Citrus Heights, Orangevale, Elk Grove, Natomas, Roseville, Rocklin and many other areas, El Dorado Hills Short Sale Success Ratehas nearly doubled in the past 60 days. These numbers definitely show that the short sale process is getting easier and slowly becoming more predictable and systematic.
Short sales in El Dorado Hillsmake a huge jump in pending short sales! Finally looks as if the trend might start leaning toward more successful short sales in El Dorado Hills! I know that this report is a month old now, but also know that in our business, here at The Hoyt Group, we are getting many more short sale approval letters for almost every lender (maybe with exception of Bank of America). Wachovia, Wells Fargo, Chase, GMAC, Aurora, Homeq, are all getting very good to work with. Wachovia and World Savings loans have always been great to work with and I wish more banks would take their model and implement their system. They have a local go-to liaison (her name is Jennifer) that sits down with sellers, views the property and accepts, counters or rejects all offers just days from the time we collect and ratify them! This year, 2010 will go down in history as the year short sales finally started working!
ZIP 95762 |
1 month | 1 year | 15 months | |||||||
Nov 09 | Dec 09 | % Change | Dec 08 | Dec 09 | % Change | Oct 08 | Dec 09 | % Change | |
For Sale | 55 | 65 | 18.2% | 51 | 65 | 27.5% | 47 | 65 | 38.3% |
Sold | 7 | 11 | 57.1% | 8 | 11 | 37.5% | 6 | 11 | 83.3% |
Pended | 25 | 32 | 28% | 4 | 32 | 700% | 11 | 32 | 190.9% |