When you decide to look for a home in the nicest community in northern California, look no further than Granite Bay.
Residents in this small community respect each other’s space. With just 20,000 residents in 21 square miles, your new home will have the privacy and outdoor living space you want with amenities close at hand. Exclusive neighborhoods and luxury homes are the norm here, as are excellent schools, shopping and great recreational opportunities.
Just 25 miles northeast of Sacramento, Granite Bay may have previously been home to an entertainer or star athlete, but now it’s the perfect place for you and your family. The focus here is on quality of life, not the rat race. The crime rate is low and property values are on the rise.
With spectacular views of the Sierra Nevada Mountains, Granite Bay is located near the base of the foothills, offering perfect California weather and an easy commute to either the mountains or the beach. Then there are the neighbors. Granite Bay is such a great place to live that many prominent Californians have chosen to call this great town their home. You never know who you might see at the grocery store!
But the best reason to look at Granite Bay real estate is to find a home that has everything you have ever wanted. Many of these spacious, luxury homes are in planned communities with homeowners’ associations to help protect your property value and your investment. Maybe it’s time to move home to Granite Bay.
Buyers will find that there are homes for sale in Rocklin, CA to fit virtually any budget. The market has a wide variety of properties to view, from detached houses to condos and townhomes. Situated 22 miles northeast of Sacramento, the city is located in Placer County. Families who want to relocate to the area will find easy access to several schools, walking and biking trails, shopping centers, golf courses and a variety of local activities. There are plenty of reasons to move to a new home in Rocklin.
Single-family home options including townhouses, condominiums and other attached units, in the median price range of $250,000 to $500,000, can be found throughout the city. Detached homes are priced at an average of $420,000. In March of 2014 a simple empty 6,600-square foot lot was on the market for $75,000, with sewer and water access. This offers the rare opportunity for a new-construction home or manufactured home. You can also find spacious homes that offer two or three bedrooms at affordable prices throughout Rocklin. Really, no matter what size home you are looking for or what your budget is, you can find the perfect home for you and your family in this community.
Many of the house listings offer comfort and style to meet personal requirements, such as multiple bathrooms and modern kitchens; tile, laminate, wood or carpeted floors; and a garage. They may have fireplaces to go along with central air conditioning and heating. Rocklin, CA homes for sale are situated on landscaped lots, some with swimming pools, floral gardens, or breathtaking views of the Sacramento Valley.
From quaint little cabins to multi-million dollar estates, every need and budget can be accommodated when looking for homes for sale in Grass Valley. This scenic California charter city is located in Nevada County in the Sierra Nevada Mountain foothills. A small-town lifestyle in the historic gold mining town is appreciated both by the bustling neighborhood of families and the busy retirement community.
Listings have a wide range of prices, from under $100,000 to just under $4 million, with the median cost at about $350,000. Completely remodeled older homes, Victorian showplaces, and modern estates are all found in this lovely community. Most of the properties are spacious single-family dwellings with an average of two to three bedrooms.
Real estate sales include cabins for singles, starter homes for couples, spacious ranch houses, and beautiful new-construction homes. Growing families may want to consider larger homes with enough acreage to provide play areas, gardens and swimming pools. Retirees will find comfortable homes that require minimal care and which have room enough for visiting children and grandchildren. Area schools include Grass Valley Elementary and Nevada Union High School in the Nevada District. Grass Valley Charter School and Sierra College add to the educational assets in the area.
The northern California city is a picturesque setting for homes for sale in Grass Valley. The healthy business climate adds to the magnetism of buying a house in the area. For anyone looking for a beautiful new home, Grass Valley is definitely a great place to start looking.
The national housing market continues to show signs of improvement but there’s plenty more progress to be made. Due to progressive foreclosure laws in our state, the California real estate market is way ahead of the curve, the foreclosure report shows. The state has made great headway in recovering from the crash with foreclosure numbers that are among the lowest in the nation.
The January 2014 CoreLogic National Foreclosure Report shows promise for continued improvement in the housing market in 2014.
The report states that 48,000 foreclosures were completed in January, a number that is down 19% from the previous 12 months and down a whopping 11.8% from December. That month-to-month drop is indeed significant and is an excellent forecast of the progress that still needs to be made. Before the housing market crash the number of monthly foreclosures was around 21,000. So even with these strong decreases we still have a ways to go before we return to an equilibrium. So January’s numbers still need to see a 50% drop before we begin to reach the stats from the pre-bubble days but the month-over-month change is a good indicator of the nation’s continued momentum toward that goal.
Judicial Foreclosure States are Slowing the Nation’s Recovery
The numbers also show that states requiring Judicial Foreclosure are seriously lagging behind the states that offer non-Judicial Foreclosure. The simple difference here is that Judicial Foreclosure requires the lender to sue the borrower in state court before proceeding with the auction of the property. This process costs the lenders more money than in Non-Judicial states and takes significantly longer. This has caused a foreclosure backlog in the Judicial Foreclosure states and is seriously hindering the recovery process in those states. The CoreLogic Foreclosure Report shows that, on average, the Judicial Foreclosure states have higher Foreclosure Inventory Rates and Serious Delinquency Rates than the Non-Judicial states mainly because they are so back logged that they are two to three years behind the Non-Judicial states.
As a Non-Judicial Foreclosure state, California is bucking the national trend with a Foreclosure Inventory Rate and Seriously Delinquent Rate that are among the lowest in the nation.
California seems poised for solid housing price growth in 2014 with one of the lowest foreclosure inventories in the nation and one of the strongest housing price indexes as well.
Extreme Cold is Slowing the National Housing Market
No matter where you live in the United States chances are you aren’t immune to the freezing cold temperatures that have been sweeping the nation this winter. Even the warmest climates are reporting record low temperatures.
Well it seems this is not the kind of weather that leaves consumers excited about going out and shopping for a new home: CoreLogic’s January Market Pulse and December Housing Price Index reports tell the story. Even though national prices are up nearly 12% from December 2012, those same numbers are actually down 0.1% from the month before. Meaning that housing prices continue to remain frozen throughout this winter season.
What’s more important to note is the prediction that prices in January 2014 are going to represent a 0.8% decline from December 2013. Based on their month-over-month decline in December and minimal increases since September, the result is home prices are actually dipping below the prices reached in 2013.
Sacramento-Roseville Housing Market Shows Room for Growth
The trend does show that the rate of housing price increase is slowing, but the most telling number is that nationally the housing price index is still 18% below its peak reached in April 2006.
And even though California and the Sacramento-Roseville metro area have seen year-over-year increases of around 20%, their respective housing price indices still remain further from their peaks than the national market. According to CoreLogic’s January MarketPulse Report, California’s HPI remains 21.3% below its peak and Sacramento-Roseville real estate has even more room for growth as it remains 33% below its peak.
To put that number in perspective, home prices in the Sacramento-Roseville metro area would need to increase by 50% to equal its peak price reached during the housing bubble in 2005.
But who knows how much longer the cold will keep the prices of California homes down.
If you’re “In the Market”, it’s time to get Pre-Qualified
If you’re on the fence about buying a home in California in 2014 you should seriously consider getting in touch with a lender to determine what you can afford. The extreme cold is getting the year off to a slow start; use that to your advantage and get in before real estate prices in Roseville and California jump up again. Looking at the national monthly housing price increases in 2013 you can see how rapidly prices begin to increase in the spring.
You might also be thinking, “I’ll just wait till next winter when prices will be lower.” That simply won’t be the case. Remember the report says that housing prices in December were also up 11.8% from December 2012. Those increases being even higher in California and the Sacramento-Roseville real estate markets. The spring heat will be here before you know it, so don’t miss out!
The latest CoreLogic Home Price Index Report continues to show good news in the housing market. It also shows why the winter months could be the best time to buy all year.
Three facts to focus on:
Housing Price Index only increased 0.2% from September to October and 0.1% from October to November. This is a rather low increase although not out of the ordinary for this time of year. It means that prices did not go up very much during those months.
November’s 11.8% HPI increase represents the 21st consecutive month of year-over-year increases in the Housing Price Index. This means that prices have been climbing steadily for almost two years now.
Home prices remain 17.3% below the April 2006 peak. This means prices will likely continue to increase though those increases may begin to slow as we approach the 2006 peak price.
Taken together, these facts show that the remaining winter months of 2014 are a great time to purchase a new home in Placer & Nevada Counties, Calfiornia. In the long-term prices show no sign of decline but for the remaining winter months that rate of increase will remain low. Get in now before springtime demand brings prices up and watch your home appreciate in value for 2014.
If we look at CoreLogic’s Historical Data it shows that the national month-to-month increases in housing prices were 0.7% for January 2013, and all the way up to 1.5% in February 2013. So this winter lull in price increases won’t be lasting long.
Here is the latest edition of our Placer County Real Estate Recap, from Pizzimenti Homes and Associates. This issue includes a record-breaking luxury sale in Granite Bay, and details on how you can keep yourself safe from fraud, and even ghosts!
Granite Bay Luxury Home Breaks Record, Sacramento Business Journal
Found in an extremely desirable community, Granite Bay luxury real estate is in high demand. With plenty of interested buyers, and low inventory, prices have been creeping upwards for some time now. Selling for $4.725M, a Bella Terra Estates home in Granite Bay has set the record for most expensive home sold in Placer County in the last four years. This notable sale is just another indicator of the local real estate market’s recovery.
Beware of Illegal Contractors, Central Valley Business Times
The Contractors State Licensing Board (CSLB) has cited eight unlicensed contractors for contracting without a license; of those eight, seven were also cited for illegal advertising. Investigators with the CSLB posed as property owners interested in trade work. Unlicensed contractors can only accept projects valued at $500 or less in combined labor and material costs, and these contractors were bidding on jobs in excess of $10,000 for a bathroom tile job and even $15,000 for landscaping.
The CSLB had help from the Statewide Investigative Fraud Team, the Placer County and Amador County District Attorney’s Offices and the Department of Consumer Affair’s Division of Investigation in this bust.
The CSLB warns both residential and commercial property owners to beware of phony contractors. Before hiring a contractor, be sure to visit the CSLB’s website (see link below) for resources designed to protect consumers from fraud.
Is My House Haunted? Does The Seller Need To Disclose A Death in the Home? Roseville Patch
How would you feel if you found out that someone had died in your recently purchased home? What if it was the site of a violent crime or paranormal activity? Home sellers are not always required to disclose this information, and it pays to do your research.
Know your rights. In the State of California, if a death occurs on a property more than three years prior to the sale, the seller need not disclose the information unless the interested buyer specifically asks. Unfortunately, even with this requirement, some sellers and even their real estate agents try to hide information that may deter buyers, and because of this it may be worth doing some external research of your own to avoid any unpleasant surprises and lawsuits.
It was for this reason that DiedInHouse.com was born. For $11.99, you can search for the specific home you’re interested in purchasing and find out of there was a death in the home. It is well worth knowing this information for your emotional well-being and your wallet: houses where a murder or suicide have occurred can take 50% longer to sell, and close at an average price of 2-4% less than comparable homes. The stats for homes where a well-publicized murder took place are even bleaker; these homes sell for 35% less.
Our series of video tutorials will take the guess work out of using our website!
This section is where we’ll be regularly posting video tutorials that we’ve created to help you get the most from our website. We’ve built a number of tools and features in to our website designed to empower your home search and strengthen your Real Estate knowledge. From learning how to create a Saved Search with email updates to utilizing all the powerful features of the Map Search tool, these tutorials will guide you through various tasks to ensure that you’re getting the most from your time on our site. Check back often as new videos will be posted regularly.
You can also visit our YouTube Channel to see ALL of the videos we’ve created.
You are Signed In. You now have full access to all of our site's features including regular updates via email when new homes and properties come on the market in your real estate search.
Your message has been sent. Thank you for contacting us.
Your Agent or someone from our brokerage will be in touch to answer your questions and to discuss your goals.
Click here to get back to your Real Estate Search...
Something Went Wrong :(
Form Submission Error
The email address you provided belongs to another user and is not available. Please provide another valid email address and try submitting the form again. If you are still getting this message after trying a different email address you may want to consider using our Chat Service at the bottom of your screen to get support.
Success!
Your message has been sent. Thank you for contacting us.
Someone from our brokerage will be in touch to answer your questions and to discuss your goals.
You now have full access to all of our site's features including regular updates via email when new homes and properties come on the market in your real estate search.
Unlike some other large real estate websites, when you give us your information, we're the only company who
receives that information and you WON'T get calls from several different agents all clamoring for your business. We
don't sell your information to anyone else, we're the ONLY contact you'll ever hear from, and we're here to answer your questions about real estate and empower your real estate goals.
Load Your Search Changes
If you've made changes to your Search Controls those changes won't appear in the search results until your changes are loaded.
