Now that the campaigning is all done, the signs have come down 
and the election is over, it's important to take a look at who we elected in the City of Elk Grove.
Elk Grove City Council - District 1 - Jim Cooper with 58.01% of the vote - Jim was the incumbent and has served on the City Council previously and was also our Mayor
Here are some links to help you get better acquainted with Jim Cooper -
Jim Cooper - Elk Grove city council candidate forum
Jim 'Silent Cal' Cooper conducting front porch campaign
Jim Cooper on crime in Elk Grove
Elk Grove City Council - District 3 - Steve Detrick with 58.68% of the vote - Steve is new to the City Council and has been have been employed with PG&E for 34 years, currently as an Associate Electric Distribution Engineer.
And some links to help you get better acquainted with Steve Detrick -
Steve Detrick - '08 - Real Change is about to happen
Former EGPD Chief Robert Simmons endorses Steve Detrick
Steve Detrick - Mike Leary - Elk Grove city council candidate
Elk Grove City Council - District 5 - Sophia Gonzales Scherman with 39.32% of the vote - Sophia was the incumbant and has not only served on the City Council previously but was also our Mayor and Vice Mayor previously.
And last but not least, links to help you get better acquainted with Sophia Gonzales Scherman -
The Candidates' Views: Elk Grove city council
Sophia Scherman - Elk Grove City Council
Will these City Council members make a difference for the City of Elk Grove? The Elk Grove area, like many cities in our wonderful country, is facing many issues today. With the number of foreclosures currently rising and home values down, businesses coming and going, schools losing money from taxes, our next City Council will have their hands full. We all need to get involved in our community by communicating our concerns/suggestions to our City Council and supporting their efforts.
This is information on the next City Council Election for the City of Elk Grove (from the City of Elk Grove, City Clerk's Office):
NEXT Elk Grove General Municipal Election
November 2, 2010
Offices to be Filled
Council Residency Districts 2 and 4
Term of office is four (4) years, commencing with the certification of the election results by the City Council.
Candidate Qualifications
Candidates interested in running for Elk Grove public office must meet the following requirements established by the State of California Elections Code:
The Mode & DurhaM Team in Elk Grove, CA
This great single story bank owned listing sold in 2 days! Located in a newer neighborhood in East Elk Grove this home was very clean and well maintained...it was listed at $234,900 and closed escrow at $250,000! We had multiple offers on this home immediately upon it being put on the market. 
Now is a great time to sell your hone and move up! Inventory is actually down and homes are selling! That house that you couldn't afford a year or two ago, may be within your reach NOW!
Interested in selling your home, call to schedule a FREE consultation TODAY!
Coming soon to The Mode & DurhaM Team
8428 Water Poppy Way, Elk Grove 95624
8321 Kamelia Court, Elk Grove 95624
9752 Lilac Fields Place, Elk Grove 95624
8274 Crystal Walk Way, Elk Grove 95758
616 Bernier Circle, Galt 95632
744 Lake Canyon Avenue, Galt 95632
To view all Sacramento area Bank Owned Homes
SUBSCRIBE HERE TO THE MODE & DURHAM TEAM BLOG
The Mode & DurhaM Team in Elk Grove, CA
The market has been changing for the past couple of months, but it has become so evident that even our local newspaper has jumped on the bandwagon. Yesterday in the Sacramento Bee, Jim Wasserman reported that "Today, there are almost 5,000 fewer home for sale than in August 2007." 
For complete story, read Home Front: Home inventory trimmed in capital, W. Sac by Jim Wasserman.
We have been seeing multiple offers on bank owned homes in the Elk Grove market areas. The banks have been very aggressively pricing their homes and we have seen 12, 15, 20+ offers on these homes and some are going well above asking price.
I did a quick survey of the past 30 days in the Elk Grove area for REO or Bank Owned homes, comparing listing to final sales price and here are the results:
95624 - there were 64 closed escrows for single family bank owned listings from 8/20/08 through 9/20/08; of those 64 closed sales, 43 of them went for over 100% of the listed price. There were some that went for over 110% of the list price. Here's just a couple of examples:
8718 Elk Way, was listed at $134,900 and sold for $160,000 - it was only active for 12 days!
8456 Chattan Way, was listed at $184,900 and sold for $218,000 - it was only active for 5 days!
8472 Kingsland Court, was listed at $311,900 and closed escrow at $364,000 - in 4 days! That's over $50,000 more than the list price!
95757 - there were 58 single family bank owned homes close escrow in the 95757 zip code area from 8/20/08 through 9/20/08. Of these 58 homes, there were 40 homes that closed above the list price.
The largest increase was 4825 Van Steyn Court. It was listed at $289,900 and sold in 9 days for $325,000 - that's 112.10% of the original list price.
95758 - there were 71 sales, 53 of them going for over 100% of the list price, with the average days on the market being 33 days!
The highest percentage increase was 121.60% over the list price. 9036 Willowberry Way was listed at $189,000 and sold in 2 days for $231,000.
Another telling sign that the market has changed before our eyes is the inventory. Last year on September 17, 2007, there were 1660 active listings in the 3 Elk Grove zip codes - 95624, 95757 and 95758. On September 15, 2008, the active listings in Elk Grove have been trimmed to 1,124! Our inventory is down approximately 30%. We are currently down to a 2-3 month inventory in Elk Grove.
We still have more bank owned inventory to come on the market over the next several months. Buyers still have a great opportunity to take advantage of this historic time to purchase a home. Interest rates are great, prices are still low and there are so many advantages for buyers to purchase their first home!
For more information on buying your first home in the Elk Grove area, contact The Mode & DurhaM Team at (916) 405-5765 or Lori@ModeandDurhaM.com.
To check the value of your home, go to www.AllElkGroveHomes.com.
Join us for our 1/2 day Investor Seminar on Saturday, October 11th. Learn how to purchase Bank Owned homes and what you need to know about buying investment properties in this market.
Search all homes for Sale in the Elk Grove area here
The Mode & DurhaM Team in Elk Grove, CA
Here's the latest Statistical Summary for the Elk Grove, CA Real Estate marke for August 2008, based on data pulled this evening from California Metrolist
Active Listings:
There are currently 1073 single family homes for sale in the Elk Grove area - this includes 95624, 95757 and 95758 zip code areas)
Price Range - $108,300 to $5,950,000
2 bedroom, 1 bathroo.m, 898 square feet - 7 bedroom, 7 bathroom, 10,360 square feet
Average - 4 bedroom, 3 bathroom, 2243 square feet, with the average price being $338,142.
Average days on the market - 66 days
Of these 1073 single family homes for sale, 238 of them are REO's or Bank Owned Homes and 639 are Short Sale listings - the number of REO listings and short sale listings have decreased from last month.
Pending Sales:
There are currently 583 pending sales in the Elk Grove area.
Price Range - $120,000 to $2,395,000
3 bedroom, 2 bathroom, 1292 square feet - 9 bedroom, 7 bathroom, 5,034 square feet
Average - 4 bedroom, 3 bathroom, 2,189 square feet
Average asking price - $282,698
Median asking price - $235,000
Of these 583 pending sales in the Elk Grove area, 396 of them are REO's or Bank Owned Homes.
Sold Listings - August 1, 2008 through August 31, 2008
There were 321 single family homes sold and closed from 8/1/08 - 8/31/08 in the Elk Grove zip code areas.
Price Range - $100,000 to $851,000
2 bedroom, 1 bathroom, 1044 square feet - 6 bedroom, 4 bathroom, 4,884 square feet
Average - 4 bedroom, 3 bathrooms, 2,187 square feet
Average Sales Price - $286,794
Median Sales Price - $270,000
Average Days on Market - 47 Days
Average List Price to Selling Price Ratio - Home sellers got an average of 99.80% of asking price for their Elk Grove area single family home!
Of the 321 single family homes that closed escrow in August, 2008, 219 of them were REO's or Bank Owned homes.
So, the bottom line is that NOW is a great time to buy! Interest rates are down and prices are great! Don't miss out on this chance to buy your new home! More and more of the sales are bank owned homes, but the inventory of bank owned homes has remained fairly constant in the Elk Grove area over the summer.
For more information on market statistics or prices in the Elk Grove area, contact The Mode & DurhaM Team at (916) 405-5765 or Lori@ModeandDurhaM.com.
To check the value of your home, go to www.AllElkGroveHomes.com.
The Mode & DurhaM Team in Elk Grove, CA
Join us for our 1/2 day Investor Seminar on Saturday, October 11th. Learn how to purchase Bank Owned homes and what you need to know about buying investment properties in this market.
Search all homes for Sale in the Elk Grove area here
The Mode & DurhaM Team in Elk Grove, CA
An evening of live jazz music, wine tasting, and food! 
This year on October 10th, 2008 from 6:00-10:00 pm we will hold our 3rd Jazz-a-Q at Jewel Winery located at 3750 E. Woodbridge Road, Acampo, CA 95220. The event is an upbeat, semi-casual, outside event with live Jazz music by Sympozium, wine tasting by Jewel Wines, B.B.Q. that can't be beaten, and silent auction, with valuable raffle prizes. Every year this event grows and it is expected to have over 200 community members in attendance.
The Jazz-a-Q is an event sponsored by Keller Williams Realty Elk Grove associates and local affiliates. Every year the office contributes to KW Cares and selects local charities to support throughout the year. This year the Moral Values Program, a 501(C)(3), charity has been chosen as the beneficiary of the event proceeds. Our goal is to raise $10,000 for the Moral Values Program this year.
The Moral Values Program (MVP) is community based program. The program's mission is to build stronger youth through the principals of the Moral Values Program which are: Courtesy, Integrity, Perseverance, Self-Control, and Indomitable Spirit. The goals of the program are to: (1) protect the children from neglect and abuse, (2) provide for their physical and emotional needs, (3) improve their academic performance, (4) provide the moral guidance necessary to help them realize their potential as law-abiding and productive members of the community. MVP is dedicated to making each and every child believe that he/she is important, just as every human being is important. Emphasis is on building one's self-esteem and knowing that one can LEARN and SUCCEED.
For information on sponsorships or tickets, contact The Mode & DurhaM Team of Keller Williams Realty, Elk Grove, at (916) 405-5765 or send email to Lori@ModeandDurhaM.com.
The Mode & DurhaM Team in Elk Grove, CA
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The Mode & DurhaM Team Is A Full Service Real Estate Team Serving Buyers & Sellers in Sacramento County. Specialties Include Resale, REOs, 1st Time Homebuyers & Investor Buyers and Sellers.
Lori Mode and The Mode & DurhaM Team of Keller Williams offer unsurpassed service to buyers and sellers of real estate in the greater Sacramento area. Lori and Bruce have a combined 45 years of experience in the real estate industry and their team is both experienced and energetic in helping buyers and sellers with new and resale residential single family and investment properties.
Meet Our Team -
Lori is a native of Sacramento, CA and has lived and worked in the Elk Grove area for over 30 years. Prior to real estate she worked as Branch Manager/Escrow Officer for area title companies for 20 years. She is a life time member of the Sacramento Association of Realtors Master's Club, serves on her Market Center's Agent Leadership Council and is Chairperson of the MC's Technology Committee. Lori is an active community member including serving as a Board Member on both the Elk Grove Piranha's Swim Team and the Elk Grove United Soccer Club and participaing in several other community organizations.
Bruce started in the real estate industry as General Manager for a property management company. This position steered him toward obtaining his real estate license and when the company was sold, on the advise of a friend, moved to Sacramento. Locally, he has worked for Great Western Real Estate in the early 1980's, then Coldwell Banker for over 12 years and currently Bruce is with Keller Williams Realty. Bruce is also a member of Sacramento Association of Realtor's Master's Club and has previously served on Keller Williams Realty's Agent Leadership Council.
Lori and Bruce have been business partners for 13 years in the Sacramento real estate industry.
Susan Easter, Accredited Buyer's Representative
Susan has been a resident of Elk Grove for over 18 years. Prior to choosing a career in real estate at Keller Williams, Susan was in retain management and merchandising for both Macy's and Gap, Inc. Susan obtained her designation as Accredited Buyer's Representative in December 2005 and has been with Keller Williams since the opening of their Elk Grove Market Center.
To search the entire MLS for not only Sacramento County, but also surrounding counties of El Dorado, Placer and Yolo Counties. Please browse through our website for area information, school information, area market statistics, and more! There you can also receive a free online valuation of your home or sign up for free emailed MLS alerts and very timely market condition reports. Make sure to visit often for updated information.
Visit our Inventory of Homes through Virtual Tours:
As an Elk Grove real estate team, we focus on residential resale, including homes for first time home buyers, move up buyers and investors. We work with both buyers and sellers on single family homes, condominiums and investment properties including duplexes, triplexes and fourplexes.
Buyers and Sellers need lots of information, whether buying or selling a personal home or investing in real estate. A big part of our job as a real estate professional is to make sure they get what they need so intelligent informed decisions can be made. We provide a variety of information through our website at www.AllElkGroveHomes.com, through our Market Analysis, our Free Reports for buyers and sellers, our market updates, and area statistics. We have weathered the ups and downs of the real estate market in the Sacramento area for over 20 years and know how to consult with our clients to get them what they want in the time they want. 
I was referred to Lori and was instantly impressed by her knowledge and experience in the real estate field. Lori was the best Realtor EVER! She was very knowledgable of the neighborhoods I was interested in. She was helpful, friendly, etc. etc. THANK YOU!
Kirsten Bosch, 4248 U Street, Sacramento, CA 95817
Lori and Bruce made the selling of our home on Lakepoint Drive in Elk Grove a painless transition. We were not looking forward to a long and tedious selling process and we were amazed at how quickly and efficiently the home SOLD. Their expertise and marketing techniques were very effective and we are very satisfied that we selected them to represent us! Thanks again for a job well done!
Jim & Cathy Eckman, 6711 Arboga Way, Sacramento, CA 95831
Our Realtors, Lori Mode & Bruce Durham, were extremely helpful in helping us buy our first home. We will be working through them again when buying our second home!
Ryan & Christine Goodwin, 9387 Soaring Oaks Way, Elk Grove, CA 95758
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