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General Area in Rocklin : Real Estate Advice

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Activity 3
Sat Apr 15, 2017
Natasha Yanovsky asked:
Mon May 28, 2012
Ken Patterson answered:
The answer from Radar is spot on. You can actually call the City of Rocklin for answers as well if you have the property address. Thanks!

Ken
916-751-1800
1 vote 2 answers Share Flag
Sun Apr 22, 2012
Radar answered:
House prices will eventually settle back to sustainable which is about 2 to 2.5 times yearly income.

Based on census incomes, I calculate the median house
in Roseville will be $50 sqft
in Rocklin $75 sqft
and Granite bay $90 sqft

But Credit markets ALWAYS over correct first and if you add in the uncertainties:
bad, unsure economy, massive job losses, retiring baby boomers selling and downsizing, higher medical costs, higher taxes, higher energy costs— causing massive inflation on everything we need, and a bad attitude toward home ownership since the majority in the housing industry is dirty and UNETHICAL

— prices will WAY over correct. This is just common sense and math.
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