Real Estate Recovery in Loomis, CA - New Construction At Sierra de Montserrat and Terracina Estates

By
Real Estate Broker Owner with Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California) California DRE #01262541
http://actvra.in/hxK

Real Estate Recovery in Loomis, CA - New Construction At Sierra de Montserrat and Terracina Estates

It's been a while since we've seen new construction in the quaint Town of Loomis, but there are currently two luxury homes that are now under construction at Sierra de Montserrat and Terracina Estates. Here is a beautiful custom home being built at Sierra de Montserrat (located in a cul-de-sac with vineyard views):

New custom home construction at Sierra de Montserrat (Loomis, CA 95650)

Here is the Terracina Estates custom home that is currently under construction:

New custom home construction at Terracina Estates (Loomis, CA 95650)

Lots and land sales have been quite steady in Loomis, CA as well as the neighboring community of Granite Bay, CA. Some lots have been purchased to hold for investment and some were bought with the intention of being the future site of the purchaser's dream home. Most land sales have been all cash, as lot loans are not only difficult to find, but they are even tougher to qualify for...just like construction loans. Do these two new construction starts signify builder confidence as well as a real estate recovery for Loomis luxury homes? What do you think?

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BOB & LEILANI SOUZA
Real Estate Investment Specialists
Southwest Placer County, CA

Souza Realty, Bob & Leilani Souza - Real Estate Investment Specialists in Southwest Placer County, CA

Bob Souza - 925.513.3400 - bob@souzarealty.com

Leilani Souza - 916.408.5500 - leilani@souzarealty.com

Souza Realty - Real Estate in Roseville, Rocklin, Lincoln, Loomis and Granite Bay, CA

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Topic:
ActiveRain Community
Location:
California Placer County Loomis Terracina Estates
Groups:
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BananaTude
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Tags:
real estate recovery
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Comments 26 New Comment

Rainmaker
391,862
Mike Young
FHA 203k Consultant 707-812-7668
203kOnLine.com, covering California & most other states

I'd love to see the floor plan on that one pictured. M

September 04, 2011 01:55 PM
Rainmaker
934,148
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

These homes are pretty impressive, Barbara-Jo...can't wait to see them both completed! :)

Leilani

September 04, 2011 09:32 PM
Rainmaker
934,148
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

Bruce, without knowing the "exact" square footage, both of these homes would still be in the mid $1M price range. That's being conservative. :)

Leilani

September 04, 2011 09:33 PM
Rainmaker
934,148
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

You're welcome, Mary! It's good to see you're still visiting and commenting, even if you haven't blogged lately. :)

Leilani

September 04, 2011 09:34 PM
Rainmaker
934,148
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

Mike, I'd love to see floorplans on both of these homes! :)

Leilani

September 04, 2011 09:35 PM
Rainmaker
934,148

Bob & Leilani Souza

Placer County, CA: Foreclosures, Auctions, Rentals
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