The Mode & DurhaM Team announce the opening of Monterey Village Laguna! Prices starting in the low $200,000's! Many homes are ready for you to move into now - no waiting! Plus buyer incentives available for closing costs! Call The Mode & DurhaM Team for more information today at (916) 405-5765! Join us on Saturday, 1/24 from 11:00 - 4:00 for our Open House Grand Opening! 5 homes, including 2 model homes will be open for your viewing!
Single story & 2 story plans available in this gated Elk Grove community with sophisticated designs awaiting you. 2, 3, and 4 bedroom home floorplans available starting at 1001 square feet up to 2402 square feet!
Monterey Village is a unique gated master planned community in Elk Grove. Combining distinctive styles of living, lush landscaping and desirable amenities, this community is being heralded as one of the best in the greater Sacramento area.
Nestled within the quiet sophistication of this gated master planned community, Cypress Cove delights with its unique home plans that offer a choice of three distinctive architectural design styles. The Villas offer distinctive detached homes including single and two story residences with one and two car garages. Each home includes front yard landscape maintenance to give you more time to enjoy Monterey Village's amenities.
For more information on this lovely Elk Grove community, call The Mode & DurhaM Team at (916) 405-5765 or visit our website at www.MontereyVillageLaguna.com. Make sure to watch our video below to see interiors of these lovely homes.
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The Mode & DurhaM Team in Elk Grove, CA
I start off each Monday by running statistics on our local market area - Elk Grove, CA
and I am amazed so far this year at what is happening!
In the Elk Grove area - zip codes 95624, 95757 and 95758, below are the number of Actives and Pendings at the beginning of each of the last 3 years -
2007 - 1199 Active Lisitngs 202 Pending Listings
2008 - 1333 Active Listings 285 Pending Listings
2009 - 975 Active Listings 291 Pending Listings
Active Listings are down! Pending listings are up! Buyers are out there buying right now! We are seeing multiple offers on a lot of our new listings! Don't miss out...interest rates are great. First time home buyers and investors are getting great deals right now in the Elk Grove area.
If you are a homeowner thinking of selling, call us today for a FREE Comparative Market Analysis on your home now.
Make sure that you know about the bank owned/REO listings as soon as they come on the market. Sign up today to receive daily email notifications of the REO listings. Contact The Mode & DurhaM Team today, to register for these email notifications.
For more information on how to purchase Bank Owned/REO properties:
For part 1 - Buying a Bank Owned home
For part 2 - Buying a Bank Owned home
For part 3 - Buying a Bank Owned home
Search all Sacramento homes here!
The Mode & DurhaM Team in Elk Grove, CA
The Mode & Durham Team with Keller Williams Realty and Amanda Rawls with Prospect Mortgage have combined forces in a newly formed strategic relationship with a licensed real estate company, Home Buyers Marketing II, Inc. (HBM II). HBM II provides area homebuyers with an innovative and FREE home finding service called the Home Buyers Scouting Report®.
The Home Buyers Scouting Report® matches your personal home search criteria with properties that are currently listed for sale and in your price range in the Elk Grove/Sacramento area.
Online...available 24 hours a day! At your convenience, login to HBM II's private, password-protected website to view the listings that meet your home search criteria in the Elk Grove/Sacramento area with pictures, prices, addresses, directions, maps and more!* You can specify a particular school, lot size, almost any amenity you want and get just those listings that are in your price range.
While online, you can save your favorite properties to a notebook for easy reference and to receive updated information on those properties. Can't find your favorite? You can change your personal search criteria to include additional neighborhoods and home styles. If you are interested in a specific property you have driven by, simply type in the address and view information about that property.
With the Home Buyers Scouting Report® you can receive daily updates in the on new listings in the Elk Grove/Sacramento area as they become available! Be the first buyer to see a new property. Many busy homebuyers have heard about a great property only to find that it had already been sold.
There is no obligation. Using the Home Buyers Scouting Report® will allow you to get a real sense of the current housing market in the privacy of your own home. Whether you are looking to buy a new home soon or just thinking about new home possibilities, we believe this is the best home finding service available and as a preferred customer, we would like you to know about it.
For more information about receiving this FREE home finding service, call us today at (916) 405-5765. 
We look forward to hearing from you.
The Mode & Durham Team and Amanda Rawls
Contact us at Lori@ModeandDurhaM.com or go to our website at www.ModeandDurhaMTeam.com to sign up now! For financing information, contact Amanda Rawls at amanda.rawls@propertymtg.com.
Here's the latest Statistical Summary for the Elk Grove, CA Real Estate market, based on data pulled this evening, January 2, 2009 from California Metrolist
Active Listings:
There are currently 917 single family homes for sale in the Elk Grove area - this includes 95624, 95757 and 95758 zip code areas) . This active listing count is down by approximately 30% from 1 year ago.
Price Range - $85,900 to $3,299,000
2 bedroom, 1 bathroo.m, 918 square feet - 7 bedroom, 5 bathroom, 5,698 square feet
Average - 4 bedroom, 3 bathroom, 2232 square feet.
Average days on the market - 95 days
Of these 917 single family homes for sale, 235 of them are REO's or Bank Owned Homes and 540 are Short Sale listings (both REO active listings and short sale listings have decreased from last month)
Pending Sales:
There are currently 432 pending sales in the Elk Grove area.
Price Range - $109,900 to $5,950,000
2 bedroom, 1 bathroom, 906 square fee - 7 bedroom, 7 bathroom, 10,360 square feet
Average - 4 bedroom, 3 bathroom, 2,229 square feet
Average asking price - $271,524
Median asking price - $249,000
Of these 432 pending sales in the Elk Grove area, 293 of them are REO's or Bank Owned Homes.
Sold Listings - December 1, 2008 through December 31, 2008 
There were 251 single family homes sold and closed from 12/1/08 through 12/31/08 in the Elk Grove zip code areas.
Price Range - $142,000 to $750,000
2 bedroom, 2 bathroom, 1000 square feet - 7 bedroom, 5 bathroom, 5099 square feet
Average - 4 bedroom, 3 bathrooms, 2,190 square feet
Average Sales Price - $263,436
Median Sales Price - $242,500
Average Days on Market - 44 days
Average List Price to Selling Price Ratio - Home sellers got an average of 100.69% of asking price for their Elk Grove area single family home.
Of the 251 single family homes that closed escrow in December, 2008, 187 of them were REO's or Bank Owned homes.
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
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The Elk Grove City Council is holding a public outreach meeting on Wednesday, January 7th, to get the public's input for the new Elk Grove Civic Center. This meeting is scheduled for 7:00 P.M. at The Council Chambers at 8400 Laguna Palms Way, Elk Grove.
The Civic Center is to be located at the corner of Big Horn and Elk Grove boulevards. "The Civic Center project is perhaps a once in a lifetime opportunity for residents and stakeholders to weigh in on what amenities are needed to help move Elk Grove forward into the next chapter toward our highest potential," says Mayor Hume.
The Architect, Zaha Hadid is an internationally known architectural firm and known to consistently push the boundaries of architecture and urban design.
The public's input is vital to the City Council's decisions for what needs to be incorporated into the Civic Center design. Should it include a performing arts center, exhibition areas, sports facilities, restaurants? Let your voice be heard by attending the meeting on Wednesday, January 7th!
If you have any questions, please contact EGCC Media Spokesperson Linda Ford at atthefords@frontiernet.net or 916.835.5988 (cell); or City of Elk Grove PIO Christine Brainerd at cbrainerd@elkgrovecity.org or 916.479.5337 (cell).
The Mode & DurhaM Team in Elk Grove, CA
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The team of Lori Mode & Bruce Durham, Is A Full Service Real Estate Team Serving Buyers & Sellers in Sacramento County. Specialties Include Resale, REOs, 1st Time buyers & Investor Buyers and Sellers.
Lori Mode and Bruce Durham 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.
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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