NorCal Real Estate Blog

Granite Bay luxury homes (those listed and/or sold at $1M and above), have seen an average increase of about 9.9% over the past six months, based on data from MetroList® today.  Specifically, the median price of a sold luxury listing in Granite Bay has increased from $1.174M to $1.290M over this relatively short time frame.

wexford, granite bay luxury homes for saleAs of today, there are 39 active (excludes pending sales), Granite Bay luxury homes active on the market, with a range from $1.030M to $2.999M and an average list price of $1.625M.  The average luxury home on the market is about 5,900 sf and the average days on market for these active listings right now is 112.  Granite Bay is a coveted location that offers some of Placer County's finest homes in elite neighborhoods like Wexford,

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Top 10 Don'ts when applying for a home loan: Getting a new mortgage loan is not what it used to be.  Maybe that's a good thing, maybe not, but there are definitely some "best practices" to follow when you are in the market for a mortgage loan these days. While this top-10 list from our friends at Stanford Mortgage is obviousily not all-inclusive, it's a pretty good guide that will help you eliminate some of the pitfalls in today's real estate market:

  1. Don't ammend your tax return, it could cause significant delays.
  2. Don't close old credit card accounts.
  3. Don't pay off collections or charge offs during the loan underwriting process.
  4. Don't consolidate your debt onto 1 or 2 credit cards.
  5. Don't pay any account late.  Stay current.
  6. Don't
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Easements: What are they and how might they affect your home?  There's an old saying in real estate - "Under all, is the land".  Translated, what that really means in layman's terms is that no matter what you build on it, how you improve it, or how badly you take care of it, the land is always there.  Think about it, even in a devastating fire, when the fire is gone ... the land remains.

Easements are basically limited rights to use a parcel of land.  There's such a thing as a general easement, which blankets the entire parcel, and a specific easement that covers a defined portion of the parcel.  A common easement you might see on a typical parcel of subdivided land might be a drainage easement, or a utility easement covering the north 10 feet of the

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The Roseville real estate market has clearly improved over the past couple of years.  According to data from MetroList® as of 09/26/13, the median price of a listing sold in Roseville is up 35.8% since the 2nd quarter of 2011.  While this is a relief to a lot of people, many times those numbers can be misleading as we go forward.  For example, this overall increase came from a pretty low point, and they're not likely to be linear for very long.

To get a true picture of how this change is trending, it's important to look at what's been happening over the past 6 months.  Using the same criteria as above, the median price of a sold listing in Roseville is up 2.8% over the past 6 months, while the median price of new listings has trended up 10.2%.  After

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