The Rocklin housing market, a subsidiary of the Sacramento-area real estate market, showed strong signs of recovery despite a slight decline in home sales. According to a June 10, 2010 article from the Sacramento Business Journal, “Foreclosure filings in the Sacramento region, including notice of default, trustee sales notices and repossessions by banks, were down 12.53 percent in May compared with the same period one year ago, real estate information firm RealtyTrac reported Thursday.” The piece, composed by Michael Shaw, went on to note that “According to the report, 1,488 homes in the four-county region became bank owned through foreclosure sales during the month, the company said. The trend in Sacramento mirrors that in California, where foreclosure filings were down 22 percent on a year-over-year basis. The state still accounted for 22 percent of the nation’s foreclosure filings.”

The average sales price of a Rocklin real estate climbed from near-record lows along with the rest of the Sacramento area. According to a May 24, 2010 article from the Sacramento Business Journal, “Sacramento-area home prices are climbing off the mat, increasing 12.4 percent from the bottom reached in April 2009, according to a report released Monday.” The piece, written by Ron Trujillo, went on to state that “The four-county region – arguably one of the hardest hit, with an abundance of foreclosures and 35 percent-plus home prices declines – had a median-home price of $188,100 in April, compared to the so-called ‘trough’ price of $167,340 a year ago, according to the California Association of Realtors…Sacramento County was the only county in the region that enjoyed a price increase compared to a year ago.”

The Rocklin housing market did suffer from a slight decline in home sales, possibly as a result of the higher prices. According to a May 20, 2010 article in the Sacramento Business Journal, “Home sales in the four-county Sacramento region were slightly lower in April than the same month last year, according to figures released Thursday from real estate information company MDA DataQuick.” The piece, written by Michael Shaw, noted that “There were 2,873 home sales of all types, including new homes, and existing homes, and existing homes and condos, in April compared with 3,036 sales a year ago, the company reported.”

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