Rocklin Condo 412 Beachcomber Dr – Sold by Rocklin Agent Allan Sanchez 
I think I’m actually jealous of the buyer who just closed on my latest sold condo in Rocklin. 412 Beachcomber Drive is a 3 bedroom, 2 bath condo with 1,200 square feet. It was a short sale with Bank of America and Greentree that got approved and sold for $145,000. That’s right…3 bedrooms in Rocklin for $145K…Lucky buyer!
Rocklin short sales take some time to get approved by the lender. When I first listed this property and opened escrow, $145,000 was the current market value. However, in the few months it took to get the short sale approved, Rocklin has seen some amazing appreciation. If I listed this Rocklin condo today, I’m certain it would sell around $175,000. The low inventory and high buyer demand has really driven prices UP! You’ll be pleasantly surprised to find out your homes current value. Finally after 7 long years of bad real estate news, things are looking much better!
As a Rocklin real estate agent for the last 15 years and 500+ homes SOLD, I’ve experienced all kinds of market shifts. This current seller’s market reminds me of 2005, when buyers were in a frenzy to buy a house, any house! The big question now is “will it last?”
- There are still tons of people who are underwater on their homes and have missed mortgage payments. That needs to shake out before we’ll have a true recovery.
- As more sellers realize they are in a better position to sell their homes, more listings will come on the market and give buyers more options and seller’s less of an edge.
- Interest rates are starting to creep up. Will increased rates make for less buyers in the market?
It’s an interesting time for Rocklin real estate. I’m always here to talk it out and give you the latest insight. Let me know if you have a questions!
Rocklin Condo 412 Beachcomber Dr – Sold by Rocklin Agent Allan Sanchez
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