CoreLogic’s current HPI report for July 2014, released earlier this month, represents the 29th consecutive month that the Housing Price Index has shown positive year-over-year changes. The year-over-year increases have only recently dropped in to the single digits. Previously the year-over-year increases were consistently in the double-digits. Price increases like that cannot go on unabated before another bubble is reached. CoreLogic’s May 2014 HPI report showed a YoY increase of 8.8% and in June it fell to a 7.5% increase. The latest report for July stayed steady at 7.4%.
The Market is Responding to Consumer Buying Power
This is a good sign as far as I’m concerned. Double-digit price increases are nice but they can’t go on forever. What seems
Placer County, CA, has the unique environment of being close to a major city, but also close to nature. Placer County welcomes a diverse cultural background and lifestyle range, but all its residents tend to have one thing in common -- they love to celebrate who they are, where they came from, what they do, and the cities they share. It’s no wonder that Placer County is home to hundreds of festivals, fairs, and gatherings every year.
Some of these are traditional and familiar, like the Placer County Fair each June, and the Festival of Lights Parade and Old Country Christmas in Auburn every December. Others celebrate the rich and storied history of Placer County, including the annual Railroad Days in Colfax (Placer County grew up around the western
All wine lovers know that the vineyards of Northern California are not to be missed. Napa Valley, in particular, draws national and international attention for its famous wines. But Placer County, just outside Sacramento, is also acclaimed for its vineyards and wineries. Placer County homes offer a unique opportunity for wine lovers, in the community’s proximity to so many great wineries.
The Placer County Wine Trail is a county organization dedicated to raising awareness of the area as a premier winemaking region, and is run by the local nonprofit Placer County Vintners. The Trail includes twenty wineries across the cities of Auburn, Lincoln, Loomis, Meadow Vista, Newcastle, and Rocklin, CA. Most of these wineries are family owned and operated, and