Buying a Home in Placer County California

This guide covers buying a home in Placer County California. Placer County California is well known for its phenomenal schools, great neighborhoods, low crime rates, lush scenery, and plenty of recreational activities. Besides the schools, Placer County California has beautiful geography, with abundant rolling hills, mountain views, breathtaking architecture, and well-maintained parks. Whether you love arts & culture, museums, outdoor recreation, fairs and festivals, or farmers markets, there is definitely no shortage of fun activities in Placer County California.

Why Placer County is a Great Place to Buy a Home

Between the shimmering Sierra Nevada and the Sacramento Valley, Placer County California is a picture-perfect mix of friendly towns, award-winning schools, and breathtaking landscapes. Covering the suburbs of Sacramento to the Lake Tahoe foothills, Placer County California includes Roseville, Rocklin, Lincoln, Auburn, Colfax, and Loomis. Nicknamed Gold Country for its 1849 Gold Rush history, the area is packed with stories and charm. Families love the county because Roseville, Rocklin, and Granite Bay schools regularly score 9 out of 10 or better. With low crime rates, rolling green hills, and plenty of parks and farmers’ markets, Placer County California offers a high quality of life that attracts homebuyers.

Placer County California Real Estate Market Insights

Placer County California real estate scene is on fire right now. The median home price is $421,300, and the market’s health scores an impressive 8 out of 10. Houses are selling fast, sitting on the market an average of just 38 days. The median price per square foot is $216, up from $202 last year. Currently, are 1,069 homes listed, 712 are in escrow, and 567 have sold recently for an average price of $486,000. With only 1.9 months of available inventory, buyers are eager, so teaming up with an experienced lender is a must for winning the right financing.

Demographics and Economic Growth in Placer County California

Placer County California is home to 348,832 people and hosts solid employers like Hewlett-Packard, Kaiser Permanente, and Thunder Valley Casino Resort. The median household income stands at $73,717. Education levels are high, with 94% of adults over 24 holding a high school diploma and 35.7% earning a Bachelor’s degree or more. Out of 132,627 homes in the county, 75,509 are occupied by married couples with kids, underscoring the family-friendly vibe driving the strong housing demand.

Why Placer County California is a Great Place to Live

Placer County California isn’t just about great schools; it has those, too. The beautiful scenery ranges from majestic mountain views to well-kept parks where families gather. Residents love the low crime rates and neighborly communities, plus a nonstop schedule of outdoor sports, lively fairs, and cultural festivals. You might prefer the busy shopping and dining of Roseville or the historic streets of Auburn. Either way, Placer County California delivers a top-notch quality of life for toddlers and retirees.

Steps to Qualify for a Home Loan in Placer County California

Getting a home loan in Placer County California can feel tricky. Lenders often add their own rules—overlays—on top of the usual FHA, VA, USDA, or Fannie Mae/Freddie Mac guidelines. For instance, an FHA loan typically lets you buy a home with a 3.5% down payment if your credit score is 580. But many lenders here raise that score to 640 or even higher. Thankfully, Alex Carlucci at Gustan Cho Associates works with no lender overlays, which opens the door for more buyers.

Alex is a licensed loan originator with over 20 years of experience in accounting and tax, so he knows the numbers inside and out. He offers advice tailored to your situation and is available seven days a week. He will work with you to raise your credit or tidy up your paperwork if you don’t hit the mark immediately. Reach out to Gustan Cho Associates for a smooth mortgage process that fits the fast-moving Placer County market.

Why Work with Alex Carlucci?

Alex Carlucci is an experienced loan originator with Gustan Cho Associates, and he has all the right tools to help you easily buy a home. He holds an MBA and a Master’s in Accountancy, plus years of hands-on mortgage experience. Whether looking for FHA, VA, USDA, or conventional financing, Alex knows the best options for your needs and simplifies the process. He’s more than just your lender—he’s a lifelong partner on your homeownership journey. Call Alex today and let’s kick off your homebuying adventure in Placer County California!

Why I Moved to Placer County California:

I previously lived in a small bedroom community in a rural underdeveloped area north of Sacramento. I can say we did not move there for the schools. They suffered from budgeting shortfalls on a regular basis. The school ratings were low and a the schools offered a very limited amount of extracurricular activities for the students. When my husband and I decided to relocate so that we could shorten our commute times to work, we decided that the schools would be the most important factor for us. The schools in Placer County California are absolutely phenomenal. We found the best schools to be in Roseville, Rocklin, and Granite Bay. Almost every school in these cities are ranked at least a 9 /10.

About California Real Estate in Placer County California

Placer County California is a county in Northern California, situated in the Sierra Nevada and Sacramento Valley area, stretching from the Sacramento suburbs to the border of Lake Tahoe and Nevada. Big cities in Placer County California include Roseville, Rocklin, Lincoln, Auburn, in addition to Colfax and Loomis. Placer County California is known as the Gold Country, a historic area where large numbers of immigrants came in to settle during the Gold Rush of 1849.

Placer County California Real Estate Demographics

Placer County is growing at a fast pace and is home to many large corporations and businesses, including Hewlett Packard, Kaiser Permanente, Union Pacific, Pride Industries, and Thunder Valley Casino Resort. Placer County has a population of approximately 348,832, of which 142,063 are male and 178,281 are female. The median age is 40.   94% of the residents of Placer County over the age of 24 have a high school diploma and 35.7% have a Bachelor’s Degree or higher. There are 132,627 occupied homes in Placer County, with 75,509 of those homes being occupied by married couples with children. The median household income is $73,717.

Placer County California Real Estate Home Values

The median price of a home in Placer County California is $421,300. Placer County is currently a seller’s market and ranks 8/10 for market health with 38 average days on the market and a median sale price per square foot of $216, which is steadily increasing from $202/square foot the same time last year. John Strange, a senior mortgage loan originator at Gustan Cho Associates says the following about Placer County California:

Qualifying for home mortgage In Placer County California. Alex Carlucci is a senior writer for Gustan Cho Associates. Alex is a seasoned accounting and tax professional with over 20 years of industry experience.

Placer County California months of inventory for May 2016 is 1.9 which is down from 2.1 in May 2015. There were 1,069 homes for sale, with 712 pending sales and 567 sold with an average sold price of $486,000. There are currently 819 new listings.

Qualifying For Home Loan In Placer County California With Lender With No Overlays

A large percentage of Alex’s clients are folks who could not qualify at other banks and mortgage companies due to their mortgage lender overlays . Qualifying for home loan in Placer County California with a lender that has zero overlays is possible. John Strange, a senior mortgage loan originator at Gustan Cho Associates explains what lender overlays is.

What is a lender overlay? Lender overlays are additional mortgage lending guidelines that are imposed by an individual mortgage lender that is in addition to the minimum mortgage lending requirements imposed by FHA, VA, USDA, or Fannie Mae/Freddie Mac.

For example, to qualifying for home loan in Placer County for a 3.5% down payment FHA insured mortgage loan, the borrower needs a 580 credit score. However, most FHA mortgage lenders will require a higher credit score such as a 640 credit score even though FHA only requires a 580 credit score. This is called a FHA Lender Overlay by the individual mortgage lender on credit scores.

Alex Carlucci is not like your typical mortgage loan officer where they will tell you that you do not qualify and to come back at a later date when your credit situation improves. From the minute you contact Alex Carlucci and if you do not meet the minimum mortgage loan requirements,

Alex will help you and work with you in trying to get your qualified. Sometimes it may take several months to get you qualified but Alex will be there working together with you as a team in getting you fully qualified. If you are looking for a five star mortgage lender who will not just be your loan officer but will also become your lifelong friend, contact us at Gustan Cho Associates Mortgage Group.

Alex Carlucci is available 7 days a week, evenings, weekends, and holidays to take your calls and answer any questions you may have.

Alex’s experience includes small business start-ups, record keeping, financial statement preparation, and financial statement analysis. Alex has experience leading audits of large national corporations and holds an MBA and a Master’s Degree in Accountancy.  Alex is a licensed loan originator in California and is an expert in all areas of mortgage lending, especially FHA, VA, USDA and Conventional loans. Alex can be reached at 1-800-900-8569. Text Alex for a faster response. Or you can email Alex at alex@gustancho.com.