Roseville and Rocklin Real Estate Market Update - June 2011
Party Real Estate Market Update time - bust out your orange caps and noise makers. Let us guide you to know what to be excited about in our local real estate economy and inventory sales and their make-up (break down).
So here we go again for our monthly update with Steve Ostrom and Jennifer Klein. Yes, we do need the noise makers and orange hats ... doesn't everyone? We like putting a positive spin on our area market updates for Roseville and Rocklin, California.
I love the still shot on this video - good times! Don't be fooled, they are excited.
Below is Jim Gillespie's video which Steve lightly references in his video (referring to the CNBC rep in the video). We can't verify how they came up with their numbers, but we know in other situations, there is a chance of folks double-counting inventory (current listed homes that in distress and homes that are deemed shadow inventory). Each area market is different so there's no blanket comment to the real estate market.
Speaking for our numbers, which are a drop in the pan granted, but we are doing a fairly high production, many of our buyers are first time home buyers.
"House Near the Bottom" - video of courtesy of CNBC - Jim Gillespie is the CEO of Coldwell Banker LLC
Please give us a call or email us to ask us what is "shadow inventory" and what's going on with the foreclosure market (many banks aren't releasing homes). Contact us: Roseville and Rocklin Real Estate Website. Contact us for a tailored comment and answer to your questions about the area of Roseville and Rocklin, California.
Thanks for watching. Work and laugh hard ... always our team spirit. Make educated decisions with a smile. :-)
Steve Ostrom and Jennifer Kleins's comments and opinions are solely theirs and do not necessarily reflect the comments and opinions of their company. Any legal or tax advice should be sought from a legal advisor in their respective field.
