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Elk Grove, CA has just about as hot a real estate market as you can find. A growing suburb of Sacramento, Elk Grove has the second largest population in the county and many of the best schools. Near to the rich history of the state capital and flush with outdoor recreation, it’s a perfect place for families.
There are new homes springing up everywhere in this city, and homes for sale in Elk Grove are highly sought after. But it's a seller's market -- you'll need some serious experience and expertise to get a foot in the door.
If you’re a buyer in this market, here’s what you’ll need to know…
If you want to be the first to jump on a home as soon as the right one becomes available, you’ll want to form a relationship with a local real estate agent and make sure they work hard for you.
The longer you wait, the more likely it is that another buyer may put in a higher bid on the home you hope to buy. You’ll have two options then: concede to the quicker bid, or start a bidding war and wind up paying MUCH more. The faster you move, the less chance there is of that happening. So go for it -- act quickly!
This means there is more demand than homes available. Competition to buy is up, and that means sellers can easily raise their asking price.
You could always wait until Elk Grove is not a seller’s market -- but we don’t really have any control over that, and we certainly can’t predict it. It could be decades before that happens. So if Elk Grove is on your radar, be prepared to act fast and be prepared to pay market value. To get the best price on a new property, you’ll need a skilled negotiator working for you.
There are options for you and your family in Elk Grove, and there’s more than one dream home out there. Working with a local real estate agent who knows the area well increases your chances that you’ll get what you want--eventually. If one dream home doesn’t work out, another one is just around the corner. So always be patient and ready to go.
So if you want a local Elk Grove realtor with inside connections to new listings, fast instincts, and tons of negotiating experience, contact Eagle Realty today!
About the Author:
This article is written by Eagle Realty. Owner/broker Shaun Alston is a member of the Masters Club, which means he is in the top 10% in Real Estate Sales in the state of California.