The rental market you can get an idea here of trends ect..
Just one source, you can find many so look around...
Good luck, Dunes
Everything I have read and heard in our thinktanks indicates that there is a moratorium on bank owned listings right now in an attempt to shore up the prices that these homes sell for. And that there will be an onslaught of listings of bank owned homes in 2009. So, what we are seeing is a slowdown of bank owned home sales and listings. Also, as a result of SB 1137, banks are required to attempt work out deals with the persons defaulting on their loans, hence, there is a decline in Trustee's Sales.
I have an article addressing this I could send to you if you contact me directly.
With regard to purchasing and investing in Elk Grove and asking about the rental market. All of my rental surveys show that Elk Grove has the highest number of vacancies in the rental market right now. So, although there are some great bargains for purchasing at the present time, unless you have time to hold the property afer sprucing it up to make it stand out before it rents, I would suggest other areas.
I hope this helps.