real estate recovery: Real Estate Recovery in Loomis, CA - New Construction At Sierra de Montserrat and Terracina Estates - 08/28/11 04:41 PM
Real Estate Recovery in Loomis, CA - New Construction At Sierra de Montserrat and Terracina Estates
It's been a while since we've seen new construction in the quaint Town of Loomis, but there are currently two luxury homes that are now under construction at Sierra de Montserrat and Terracina Estates. Here is a beautiful custom home being built at Sierra de Montserrat (located in a cul-de-sac with vineyard views):

Here is the Terracina Estates custom home that is currently under construction:

Lots and land sales have been quite steady in Loomis, CA as well as the neighboring community of … (26 comments)

real estate recovery: Real Estate Recovery in Roseville, CA - 28 Days From Listing To Closing...On A Short Sale! - 08/28/11 04:31 PM
Real Estate Recovery in Roseville, CA - 28 Days From Listing To Closing...On A Short Sale!
What are the two words in real estate that are most likely to generate a negative reaction from most people? If you guessed SHORT SALE - you're right! Those two words would get at least an eye roll, a disgusted groan or a long, drawn out "Eeeeeewwwww" from the majority of those who have experienced a short sale, no matter which side of the table they were on. The long periods of time waiting for the bank's response and the unsettled feeling everyone has while … (4 comments)

real estate recovery: Real Estate Recovery - Placer County, CA - Q2 2011 Foreclosure Activity Declines - 08/07/11 12:47 PM
Real Estate Recovery - Placer County, CA - Q2 2011 Foreclosure Activity Declines

The number of properties foreclosed in Placer County, CA has been on a steady decline for the past 3 months. From May 2011 to June 2011, the amount of Placer County foreclosures decreased by 17.6% and in July 2011, foreclosures went down another 14.5%.
Here are the exact numbers for the 2nd Quarter of 2011:
May 2011 - 250 foreclosures 173 bank owned/REO 77 sold to 3rd parties  June 2011 - 206 foreclosures 158 bank owned/REO 48 sold to 3rd parties  July 2011 - 176 foreclosures 132 bank … (18 comments)