Sacramento Real Estate Views

Selling a Home In Rocklin

Important Statistics You Need To Know

I was hunting around the MLS this morning pulling some useful statistics that should be important considerations in pricing a home to sell in Rocklin.  After looking at the data, I was surprised by some things that I’ll elaborate on here.  Hopefully, if you are considering selling a home in Rocklin, this will help you in the most important decision regarding the sale:  What price you choose.

Bank Owned Homes (Foreclosures) vs. Short Sale Listings vs. Neither

There are significant differences between foreclosures, short sales and regular real estate transactions.  “Regular” real estate transactions are defined as selling a home that has the equity to pay off the mortgage and selling costs.  Short sales are where the home will not sell for enough to pay off the mortgage and foreclosures have been seized by the bank for default by the homeowner on the mortgage obligation.

Read the rest of this entry »

Tags: homes in rocklin, rocklin real estate agent

5062 Concord Road, Rocklin

“Screaming” Deal in Rocklin Homes

This bank owned home just came up in Rocklin.  3 bedrooms, 2 bathrooms, over 1700 square feet in one of the best school districts in Placer County.  This one is priced at $239,000.  This is one of the lowest prices I’ve seen in West Rocklin this decade.

Concord Road, Rocklin

This neighborhood is in Stanford Ranch close to parks, schools, shopping and is very quiet away from noise and heavy traffic.  Click on the link above to be taken to Mapquest and take a look at the location.  It’s very nice.  Shopping center and Starbucks right around the corner.  My in-laws live very close to this street, I know it well.

“This One Won’t Last”

I know this falls into the same category as “but wait, there’s more!” but this is one of the best priced homes in West Rocklin.  Because it’s a bank owned home, it needs some work to be perfect but the value is there.  A quick check of comparable sales since September 1 brings the numbers in at approximately $254K low and $285K high for an average around $268K.  That’s a difference of approximately $30K below where the market price for homes like this one sell.  That’s a great deal in a great location.

Looking to purchase a home in Rocklin?  Please give me a call, I’d be happy to help you make it happen. Click here.

Video Walkthrough of 5062 Concord Road in Rocklin

Tags: homes in rocklin, rocklin real estate

September Rocklin Home Sales Statistics

Rocklin Home Sales Up 145% Over 2007

Home sales increased in Rocklin 145% in September of 08 vs. September of 07. This is a welcome sign and a reminder that the affordability of the region has returned.

There has been a corresponding reduction in the average median home price however that has lead to the increase in sales.

Low interest rates has helped but the bailout might hurt the market for the short term. Time will tell on that one.

Rocklin Homes Median Sales Price Dips 15%

The increase in sales and the reduction in the median sales price mirror each other. The median sales price in September of 2007 was $400K while this year the price dropped down to $346,500.

While losing equity, on paper anyway, isn’t good, it won’t be long until the market begins to appreciate once again. With sales numbers like this, it’s easy to see that the demand for Rocklin homes is there. Once foreclosure inventory levels come down region wide, and depending on how easy mortgages are to obtain, the appreciation could begin to come back. No crystal balls, just youthful optimism.

Steady Increases in Sales Most of 2008

The Rocklin real estate market has had a great come back year this year with sales steadily climbing all year long. The last couple months have been a bit down from previous months but that’s normal for this time of year.

With all the negative press locally and nationwide, the indicators and stats all show that the market is rebounding nicely in sales and that the correction in pricing has helped area sales.

Foreclosures in Rocklin

The numbers of foreclosed homes for September aren’t out yet but in the month of August 138 homes were in some stage of foreclosure.  Rocklin was #3 in foreclosures from Placer County.  Roseville and Lincoln being #1 & #3.

Looking to buy or sell in Rocklin?  Give me a call.  I can help you in either direction.

Tags: homes in rocklin, rocklin homes, rocklin real estate

My Favorite Dry Cleaner in Rocklin

I’ve been using Martinizing Dry Cleaning in Rocklin for the last year, at least, and they have done a GREAT job for me.  Never a problem.

I recommend them whole heartedly.  They will take great care of your clothes.

Enjoy and, as always, thanks for watching!

Tags: dry cleaners in rocklin, homes in rocklin, rocklin dry cleaners, sacramento real estate agents

Rocklin Homes Sales – August

Rocklin Home Sales

Home sales in Rocklin decreased 16% from July of this year but increased 41% over August of last year. August is the second m month this year where sales have decreased slightly.

This has been largely due to the price correction over the last year and a half.
Overall, sales have increased dramatically over the year due to the increasing affordability in the region.

Rocklin Median Sales Price

The resulting increase in sales has been due to a corresponding decrease in values. As the graph shows, prices have come down dramatically over the last year. Rocklin has had a 25% decrease in the median sales price when comparing August 08 to August 07.

The homes in the Rocklin area have faired far better than other communities in the region and not as good as just a few. If you’re looking for homes in Rocklin, please contact me.

Tags: homes in lincoln, homes in rocklin, homes in roseville, real estate agents in rocklin, real estate agents in roseville, realtors in rocklin, realtors in roseville