If you’re considering selling your home In challenging times like these, it’s more important than ever to place your trust with "leaders".  Coldwell Banker is once again the top selling brokerage in the prestigious communities of Granite Bay (zip code 95746) and East Roseville (zip code 95661). Coldwell Banker has approximately 22% market share in Granite Bay and 17% in East Roseville in the last 12 months.

Steve Dailey & Steve Siegel ("Team Steve") have been Realtors with Coldwell Banker in Roseville since 2002.  In that time, we have focused largely on Granite Bay and East Roseville, along with other South Placer County communities like Rocklin, Loomis, and Lincoln.  During that time, we’ve work with clients on over 30 transactions in Granite Bay alone, and nearly 100 in the South Placer County area.  We’ve developed a keen knowledge of area schools, demographics, and neighborhoods, and we have a proven track record in not just "listing" but aggressively marketing and selling our clients’ homes. 

If you’re considering a move in the future or would just like a free, no-obligation market analysis from area experts, please e-mail us or give us a call!

Steve Dailey, Coldwell Banker
Email: steven.dailey@cbnorcal.com
mobile: 916.276.9244
www.teamstevehomes.com
Visit our Complimentary Sacramento Area MLS Search

By now we are all familiar with the Sacramento region’s "challenging" Real Estate market.  However, even in these difficult times there are some shining examples that the best communities perform the best in Real Estate during both good times and bad.  Granite Bay is one of the best examples of this.

Overall, prices in the greater Sacramento region have declined approximately 20% during the 2005-2007 downturn. And "transactions" (the number of homes sold) are down even more - 30% to 40% on average.  But check out these numbers in Granite Bay (source: Metrolist MLS):

• 2006: Median Sale Price - $791,000; total homes sold - 270 (22.5 per month)
• 2007: Median Sale Price - $811,000; total homes sold - 244 as of 11/20/07 (22.9 per month)

The numbers don’t lie!  Granite Bay’s median sales price is UP in 2007 by 2.5%, and the number of homes sold per month is up slightly as well!  It just goes to show - the old Real Estate adage "location, location, location" still holds true, in good markets and in bad.

Let’s be clear - we’re not saying it would be easy to sell your home in Granite Bay today.  In fact, there is almost 9 months of inventory currently in Granite Bay (that’s the number of homes on the market vs the number of homes sold per month).  But what we are saying is that Granite Bay continues to be one of if not the best location to own a home in the Sacramento region, and if you do choose to sell you’ll need patience, but you can still expect to receive a solid return on your investment when it does sell.

Steve Dailey, Coldwell Banker
Email: steven.dailey@cbnorcal.com
mobile: 916.276.9244
www.teamstevehomes.com
Visit our Complimentary Sacramento Area MLS Search

Placer County was just named to the No. 43 ranking among the nation’s 100 wealthiest suburbs, according to a report released this week by Bizjournals, the sister company of the Sacramento Business Journal.  El Dorado County was No. 44.  Bizjournals created a nine part formula to determine the relative affluence of 291 suburban counties, seeking the places with the highest incomes, most expensive houses, lowest poverty levels, strongest educational backgrounds, and the most extensive ownership of stocks, rental properties and vehicles.  Placer County had per-capita income of $35,014 per year, while El Dorado County’s per capita income was $32,122. 

Placer and El Dorado counties are the wealthiest Sacramento area communities and in fact are the only ones that made the top 100.  There were four other Northern California counties in the top 30, all in the SF Bay Area.  The top 10 were led by New Jersey with three and Virginia and Maryland with two each.

Steve Siegel, Coldwell Banker
Email: steve.siegel@cbnorcal.com
mobile: 916.212.5066
www.teamstevehomes.com
Visit our Complimentary Sacramento Area MLS Search

We’ve all become accustomed to seeing what seems like almost daily real estate articles filled with news about declining housing values.  As 2007 comes to an end anyone who owns a home is longing for something better.  Although most local experts agree that it is too early to be talking about a recovery, there may be at least some hope for anxious homeowners.

For if history has anything to teach us, it’s that real estate recoveries usually come pretty fast once they start.  Consider 1997 across much of the Sacramento region.  After years of military base closings, a recession and loss of jobs, homeowners across the region started to see their home values start to climb again.   Even before the tremendous "boom" that occured from 2001-2005, prices steadily increased from 1997-2001 as well; 62% in Placer County, 53% in El Dorado County, and 51% in Sacramento County.

No one is predicting that we will ever see another boom in values like we did in 2001-2005.  But as the slump goes on, it helps the nerves to understand that the economy–and real estate–is a cycle of ups and downs.  There are many who say that the excess of rising prices and easy lending practices and standards make these unchartered waters.  But if history is a guide say the experts, this too will pass!  It isn’t easy, but homeowners should remind themselves that, fundamentally, Real Estate has always been a sound long-term investment and should continue to be so in the future.

Steve Siegel, Coldwell Banker
Email: steve.siegel@cbnorcal.com
mobile: 916.212.5066
www.teamstevehomes.com
Visit our Complimentary Sacramento Area MLS Search

It’s every shopper’s dream to browse through hundreds of stores within minutes of each other.  Well, that’s exactly what they’re going to get in 2008!  The intersection of Galleria Blvd. and Roseville Parkway already offers a plethora of of stores and restaurants, but the growth continues.

The Galleria at Roseville continues its expansion which will add 80-100 new stores, 3 multi-level parking garages, a movie theater with 14-16 screens, the possible addition of an upscale supermarket, and modifications to the Promenade.  The Cheesecake Factory has an anticipated completion date of Spring 2008 (sorry folks, not in time for the Christmas rush!), and Penney’s is hard at work to complete their expansion project.  Some of the new stores coming include Apple, Juicy Couture, and Kate Spade, and it has been rumored that Tiffany & Co., Roxy, and Louis Vuitton – among others — are considering tenancy.

And just when you think you’ve got it all at the Galleria, a competitor pops up: The Fountains.  Directly across Roseville Parkway from the Galleria is this upscale, open-air, lifestyle center located on 52 acres and set to open in Spring 2008.  More than 50 shops, restaurants and entertainment venues are anticipated at The Fountains, including Boudin Bakeries, Coldwater Creek, West Elm, Z Gallerie, Orvis, Chico’s, Peet’s Coffee & Tea, California Pizza Kitchen, and — drum roll, please — a Whole Foods Market!

Whether you prefer a multi-level shopping mall or an open-air center with single story stores and sidewalk cafes, Roseville will be able to more than meet the needs of shoppers throughout our region for years to come.

Steve Dailey, Coldwell Banker
Email: steven.dailey@cbnorcal.com
mobile: 916.276.9244
www.teamstevehomes.com
Visit our Complimentary Sacramento Area MLS Search

Hello everyone!

We’re thrilled to introduce our weblog to the Greater Sacramento Area Real Estate Community!  We’ll be providing you with market information, insights into the latest in the mortgage/lending industry, with a special focus on South Placer County, including Roseville, Rocklin, Granite Bay, Loomis, and Lincoln, plus additional insights into the neighboring communities of Folsom and El Dorado Hills.  We’ll even keep you updated on current events in the greater Sacramento area.

We hope you enjoy, and invite you to comment on what you read - whether you agree or disagree!  If you’d like to get e-mails of new posts, subscribe to our blog using the simple form above.  Thanks for visiting!

Steve Dailey, Coldwell Banker
Email: steven.dailey@cbnorcal.com
mobile: 916.276.9244
www.teamstevehomes.com
Visit our Complimentary Sacramento Area MLS Search