Roseville firmly surpasses neighboring Lincoln as the fastest growing city in Placer County. Last year, Roseville grew by 1.2%, which is above the state average of .8%, and is more than double the growth rate of Lincoln, the second fastest growing city in Placer County, with a population increase of .5%. The city of Lincoln previously held this distinction as its rapid expansion during the last decade earned it the title of “Fastest Growing City” in the country in the 2010 U.S. Census.
It is likely that Roseville will continue to hold this title as Lincoln’s recent overdevelopment has lowered home values in that city, making it less attractive to developers looking to see big returns from their investments. With Roseville’s attractive real estate
According to S&P and CoreLogic Housing Price Index numbers, home prices continue to show strong growth over the past year with record year-over-year increases in many cities. Some cities are seeing increases as high as 20% versus the same month last year. These numbers are likely to remind some of the "pre-bubble days" when increases such as these were seen for several years in a row. However, you have to look a little closer at the data to see what’s really driving these numbers.
Why Did the Crash Hit Some Cities Harder than Others?
The answer to that question has to do with a number of economic factors, though there are similarities amongst the cities that saw the biggest losses in the crash. The cities that were hit hardest by the market downturn
Nevada County is an area that is particularly well-known for hosting a wide variety of community events throughout the year. Well, it’s time again for Nevada County’s piece de resistance, voted the Best Local Event in Nevada County 12 years in row by the Sacramento Union newspaper, The Nevada County Fair.
The Nevada County Fair opens tomorrow August 7, 2013 for five fun-filled days of animals, rides, contests, and food for the whole family to enjoy. The theme this year is “Under the Big Top” so attendees can expect to see many circus themed attractions mixed in with the usual fare.
Be sure to take the kids down to Cirucs Imagination, where children become instant stars by stepping out of the audience, putting on costumes, and stepping on to the stage
That’s right! Even with increasing housing value it’s still cheaper to buy, pretty much across the board. Home prices have been on the rise in 2013 but rents are still high in California and across the nation. Trulia’s March 2013 Rent vs. Buy Report shows that buying a home in the top 100 metropolitan markets is still less expensive than renting, demonstrating just how expensive renting can be. Trulia’s interactive map allows you to graphically access the report’s results and is quite informative and fun. It shows that even with a loan at 5.5%, San Francisco is the only market where it would be cheaper to rent if you stayed in your home for 7 years.
Rent Continues to Increase Nationwide
So why is it still cheaper to buy than to rent if housing prices