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Bank-Owned Properties in Rancho Cordova

Foreclosure and Short Sales Figures in Rancho Cordova Compared to Sacramento County

November 15, 2009 By Ryan Lundquist 3 Comments

How is the Rancho Cordova real estate market doing compared to the rest of Sacramento county? What is the percentage of foreclosure sales (REO), short sales and total amount of distressed property sales (REO + Short Sales)? Let’s take a look below to glean some insight.  

Rancho Cordova Sales and Sacramento County Sales Past 2 Years November 2009 by Lundquist Appraisal Company

The information above is based on all residential sales listed in Sacramento Metrolist over the past two years. Overall, the percentage of bank-owned sales dropped by 5% in both Rancho Cordova and Sacramento County, while at the same time the percentage of Short Sales rose by 7% in both Rancho Cordova and Sacramento County. Over the past two years Rancho Cordova had a 7% lower foreclosure rate than Sacramento County and a 2% higher percentage of short sales. 

Let me know if you have any questions  at ryan@lundquistcompany.com or 916-595-3735 and feel free to comment below.

www.SacramentoAppraisalBlog.com Foreclosure and Short Sales Figures in Rancho Cordova Compared to Sacramento County

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Filed Under: Market Trends Tagged With: Bank-Owned Properties in Rancho Cordova, Foreclosures in Rancho Cordova, REO, Sacramento County REO Sales, Sacramento County Short Sales, Short Sales in Rancho Cordova

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First off, thank you for being here. Now let's get into the fine print. The material and information contained on this website is the copyrighted property of Ryan Lundquist and Lundquist Appraisal Company. Content on this website may not be reproduced or republished without prior written permission from Ryan Lundquist.

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The information on this website is meant entirely for educational purposes and is not intended in any way to support an opinion of value for your appraisal needs or any sort of value conclusion for a loan, litigation, tax appeal or any other potential real estate or non-real estate purpose. The material found on this website is meant for casual reading only and is not intended for use in a court of law or any other legal use. Ryan will not appear in court in any capacity based on any information posted here. For more detailed market analysis to be used for an appraisal report or any appraisal-related purpose or valuation consulting, please contact Ryan at 916-595-3735 for more information.

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