Trulia Voices Real Estate Q&A in Granite Bay

Wonder Bread
Wonder Bread
Home Buyer
Granite Bay

Why are Granite Bay home prices not crashing as fast as Roseville or Rocklin?

Thu Apr 24 2008, 17:32 - Granite Bay - Market Conditions - 1 answer

Why is there a difference in the price decline between Granite Bay and neighbouring areas?

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Brad
Brad
Just Looking
95630
Mon May 5 2008, 14:34
FIRST ANSWER

I'd imagine that it's based on the fact that Roseville and more so Rocklin, was over-built in the last couple of years. There's still builders with inventory and they are competing with more Bank repos / foreclosures (the Rocklin area has more entry-level / 1st time buyers) than in Granite Bay. Also, Granite Bay is a more desirable area with better schools that lures in home buyers that are seeing value.

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