Press Release

Low mortgage rates fail to perk California home sales

LOS ANGELES — The lowest mortgage rates in 18 months failed to spark the California housing market in October as sales stayed flat and home prices increased at the slowest pace since early 2012, the California Association of Realtors recently reported. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate […]

Remodeling conditions continue to show strong growth

Des Plaines, Il. — The National Association of the Remodeling Industry’s third-quarter Remodeling Business Pulse data of current and future remodeling business conditions indicated strong growth in the third quarter of 2014 with a rating of 6.41. Quarter-over-quarter increases are evident in all sub-components measuring remodeling activity. This is the second quarter of growth in 2014, […]

Kentland is a duplex with country charm

The Kentland is a well-separated, two-story duplex with garages located between the units. Except for the shared garage wall, each unit has the feel of a single-family dwelling, and the look of a country cottage. Unit A is a mirror image of Unit B, so the description of one applies equally to the other. The […]

Foresthill PUD partners with NID on LiDAR mapping project

FORESTHILL — The Foresthill Public Utility District (FPUD) announced Nov. 4 a partnership agreement with the Nevada Irrigation District (NID) of Grass Valley. In a pact that will benefit each district, both parties will share certain costs on an aerial mapping project that uses LiDAR technology. Accurate mapping of the FPUD’s Sugar Pine reservoir is required […]

Area luxury home sales surge

Sacramento leads tri-county region in third quarter luxury sales SACRAMENTO — Luxury home sales in the greater Sacramento surged 29 percent in the third quarter compared to the same period in 2013, according to a new report by Coldwell Banker Residential Brokerage, the region’s leading luxury real estate services company. The figures are based on Multiple Listing […]

California home sales maintain pace in September

Price gains temper, market balances LOS ANGELES — California home sales remained steady in September, as home price gains eased back from an unusually high increase in August, the California Association of Realtors recently reported. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 396,440 units in September, according to […]

Heartwood laid out for easy family living

Togetherness comes naturally in the Heartwood’s bright, airy and spacious kitchen and family room. A friendly wrap-around front porch welcomes visitors, and just inside the door is a large room that could be an office, living room or just about anything else you can think of. Entry and family room in this contemporary country home […]

Existing home sales rebound in September

WASHINGTON, D.C. — After a modest decline last month, existing home sales bounced back in September to their highest annual pace of the year, according to the National Association of Realtors. All major regions except for the Midwest experienced gains in September. Total existing home sales, which are completed transactions that include single-family homes, townhomes, condominiums and […]

CAR convenes state’s first real estate summit

The California Association of Realtor and leading real estate research centers at California’s top universities will convene thought leaders from a variety of disciplines for a day-long conference to examine real estate’s role in driving the state’s economic future, as well as other issues beyond residential real estate. The Real Estate Summit: Partnering for Change in […]

Estate-sized Jacksonville both stately and sunny

Rambling, bright and spacious, the Jacksonville is a Florida-inspired home with a distinctively European flavor. Arches and stucco give it that sunny ambiance, while the entry columns, wrought iron handrails, stone veneer wainscoting and multi-paned windows are more continental. Windows fill most of the rear wall in the two-story, barrel-vaulted living room at the core. […]

‘Mister Mc Lister’ joins Vindler

Vindler Real Estate & Acquisitions announces that Kevin McAllister “Mister Mc Lister” has joined the Placerville office. McAllister has been a full-time, licensed Realtor since 2000 after a 22 years as a commodities trader. He is very active in local issues, having served on Logtown Fire Safe Council and the El Dorado Rookie Ranchers Association. […]

Debunking myths about homeownership

(StatePoint) As a result of the recent housing crisis, many potential homebuyers, especially first-timers, are hesitant to enter the market. But if you’re holding back, evaluate why. Experts say your reasons may be based on myth. “Buying a home is more affordable than ever for families with stable incomes and good credit,” says Christina Boyle, […]

CAR releases 2015 California Housing Market Forecast

Sales to increase slightly LOS ANGELES — With more available homes on the market for sale, California’s housing market will see fewer investors and a return to traditional home buyers as home sales rise modestly and prices flatten out in 2015, according to the California Association of Realtors’ recently released 2015 California Housing Market Forecast. The CAR […]

Hexagonal McCarren has all ’round views

Cedar shakes blanketing the McCarren give it a handcrafted look that blends right in with a natural environment. In fact, this basically hexagonal, country-Craftsman-style home would be ideal for construction on a wooded lot with a splendid view. Built high on a mountain slope, or lower, by a lake, stream or ocean, this home offers […]

Alliance for Responsible Planning forms to support slow growth in El Dorado County

CAMINO — A coalition of El Dorado County residents, ranchers, growers and other business owners announced this week that they have formed a new organization, Alliance for Responsible Planning. “We have concluded that there is a leadership and information gap on land-use matters and other issues of concern in El Dorado County,” said Maryann Argyres, […]

Ballot goof misses BOMUSD

The El Dorado County Election Department has discovered an error in the current vote by mail ballot affecting 3,072 voters in the Black Oak Mine Unified School District, announced Recorder-Clerk-Registrar Bill Schultz. The problem is that the Black Oak Mine Unified School District contest was omitted from the ballot for these vote by mail voters. […]

Get a legal update at WCR lunch

The Women’s Council of Realtors and the El Dorado County Association of Realtors will host s special luncheon on Oct. 17 featuring attorney Neil D. Kalin. The assistant general counsel for the California Association of Realtors will discuss the latex legal updates as they relate to real estate as well as the new residential purchase […]

Real estate firms optimistic about future of industry

WASHINGTON, D.C. — Real estate firms are confident about the future growth and profitably of their industry, according to the 2014 National Association of Realtors Profile of Real Estate Firms. “The real estate industry is competitive, and Realtors know that to be successful they must have a strong entrepreneurial spirit and the know-how to make a business […]

Small Lostine has large family space

If you’re looking to downsize, but enjoy relaxing in an expansive gathering space, the Lostine just may be what you’re looking for. The shared living area fills the entire left wing. No stairs here, so aging in place is entirely possible. But this contemporary ranch-style home is also well-suited to singles, first-time home buyers and […]

Oak Ridge names new LAX coach

EL DORADO HILLS — Oak Ridge High School Athletics is pleased to announce Nathan Hendel as the new head coach of the Lady Trojan Lacrosse Program. Hendel most recently served as the assistant varsity coach for the Oak Ridge girl’s program during the 2013 season. A native of the East Bay, Hendel moved to Sacramento […]

Attorney General Harris announces settlement with Bank of America

Attorney General Kamala D. Harris, along with the U.S. Department of Justice and state partners, recently announced a settlement with Bank of America to resolve federal and state civil claims related to Bank of America’s conduct in the packaging, securitization, marketing, sale and issuance of residential mortgage-backed securities prior to Jan. 1, 2009. Nationally, the settlement […]

Pending home sales mixed

The west still seeing gains but hasn’t caught up to last year WASHINGTON, D.C. — Pending home sales slowed modestly in August but contract signings remain at their second-highest level over the past year, according to the National Association of Realtors. All major regions experienced declines except for the West, which rose for the fourth consecutive month. […]

HUD funds help low-income residents find jobs

WASHINGTON, D.C. — The U.S. Department of Housing and Urban Development recently awarded $75 million to help public housing and Housing Choice Voucher residents across the country connect with local services to improve their education and employment and to put them on a path to self-sufficiency. The El Dorado County Public Housing received $59,402. Sacramento […]

Handsome Fitzgerald has the right stuff

The intriguing Fitzgerald has plenty to catch the eye. Four gables face the front, wooden shutters accent most of the windows, and copper sheathing overscores the garage door and two upper windows. Three arched windows echo arched openings on the porch’s upper edge. In some respects, this plan bows to tradition. Most of the bedrooms […]

Dry Creek Hills Demo Day taking place Saturday

RANCHO MURIETA — Ride some hot new mountain bikes, check out some sweet, local trails, and wash it all down with an ice-cold, local brew at the Deer Creek Hills Mountain Bike Demo Day, scheduled for Saturday at the Deer Creek Hills Preserve from 9 a.m. to 3 p.m. The day of fun is co-sponsored […]

Autotronics puts the brakes on breast cancer

Autotronics Automotive Repair in Cameron Park and 104 other Independent Auto Repair Shops across the United States will give away free, quality brake pads or shoes to clients who pay for labor and ancillary parts necessary to complete the brake job throughout October — Breast Cancer Awareness month. The shops then donate 10 percent of the brake job’s proceed directly […]

Low interest rates fail to spark August home sales

Home prices continue to increase despite improving housing inventory LOS ANGELES — California home sales pulled back in August, reversing two months of increases, as the median home price rose from the previous month and year, according to the California Association of Realtors. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted […]

Coldwell Banker Residential Brokerage expands Sacramento operations

Coldwell Banker Residential Brokerage, Northern California’s leading provider of real estate services, recently announced the expansion of its Sacramento-Tahoe operations with the addition of 85 independent sales associates from ZipRealty Inc.’s offices in the region. This local growth comes as a result of the acquisition of ZipRealty’s national operations by Realogy Holdings Corp., Coldwell Banker Residential […]

When do you need a permit?

The National Association of the Remodeling Industry reminds homeowners that they should understand rules regarding building permits before embarking on remodeling projects. Although building codes vary from state to state, a permit is generally required for remodeling projects that involve changes to the building’s existing footprint, electrical system or plumbing. Adding new windows to existing […]

Time to purchase six-pack ski tickets

LAKE TAHOE — Skiers and snowboarders are turning their attention toward the upcoming winter season, as timing is critical in finding the best values on lift tickets and multi-day passes. For those in the know, the Ski Lake Tahoe Six-Pack Lift Ticket represents the ultimate deal in terms of variety, flexibility and savings for destination guests […]

Annual hunting contest taking entrants

A contest is underway for El Dorado County students ages 12 to 16 for a 4-night, 3-day pheasant hunt with a parent/guardian at R&R Pheasant Hunting Resort in Seneca, S.D., which is one of only a few Cabela’s certified hunting destinations. The program, which is in its sixth year, has a goal to tie together […]

Foresthill PUD saves $580k with refinancing deal

FORESTHILL — On Aug. 8 the Foresthill Public Utility District (FPUD) closed a $2 million tax-exempt refinancing transaction. The contract, underwritten by Umpqua Bank at a fixed interest rate of 2.95 percent, will save FPUD ratepayers more than $580,000 in interest expense over the next 15 years. Proceeds will be used to refinance a current $2.1 […]

Stylish Callaway has nostalgic charm

The Callaway is a contemporary cottage with a country-Victorian flavor. The wooden posts and railings on its wide front porch give it that country-cottage look, while the intriguing arched window and scallop-shingled gable fronts add dashes of nostalgic Victorian flavor. Families are sure to appreciate the multiplicity of amenities that the designers managed to fit […]

Improving economy slowly brightens outlook for commercial real estate

WASHINGTON, D.C. — The strong rebound in economic growth during the second quarter and ongoing job creation are gradually improving the outlook for all of the major commercial real estate sectors, according to the National Association of Realtors quarterly commercial real estate forecast. Lawrence Yun, NAR chief economist, says after many false starts, the economy finally appears […]

Existing-home sales continue to climb in July

WASHINGTON, D.C. — Existing-home sales increased in July to their highest annual pace of the year, and the ongoing decline in distressed sales reached an important milestone, according to the National Association of Realtors. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 2.4 percent to a seasonally adjusted annual rate of […]

Housing recovery pushes investors into more remote areas

LOS ANGELES — Given the depletion of distressed homes on the market, investors are changing their strategy and are moving away from purchasing homes in more popular, urban areas in favor of more rural areas of the state where better deals can be found, according to a California Association of Realtors investor survey. In 2014, nearly half (45 […]

California home sales and prices improve in July

LOS ANGELES — California home sales posted higher for the second straight month, and while the statewide median home price rose from the previous month as well as a year ago, the pace of appreciation continued to slow, the California Association of Realtors recently reported. Closed escrow sales of existing, single-family detached homes in California totaled a […]

Stroll Through History in Woodland

Woodland will celebrate its 26th annual “Stroll Through History” on Saturday, Sept. 6. This popular community event features free docent-led walking and ticketed tours throughout Woodland’s historical neighborhoods and a pancake breakfast hosted by the Kiwanis Club. This year’s event will feature homes in Beamer Park in celebration of its 100-year anniversary. The program starts […]

Farm Bureau endorses Pratt for Dist. 2

After interviewing and carefully reviewing the qualifications of the candidates, the El Dorado County Farm Bureau’s Board of Directors voted to endorse Dave Pratt in the Board of Supervisors District 2 special election. “Dave Pratt is unquestionably the best candidate to represent farmers and he’s earned our support,” said Farm Bureau President Jim Davies. “He […]

Take the challenge at Crazy Eights Trail races

The third annual Crazy Eights Trail Run Series concludes Sunday at Lake Camanche, South Shore Recreation Area, Turkey Hill Equestrian Campground. The Crazy Eight’s trail runs was created for anyone of any ability to participate. That’s not to say there won’t be challenging terrain. The past two trail runs offered runners a choice of either […]

Touch-A-Truck returns

On Saturday, Sept. 20, from 10 a.m. to 2 p.m., a fun, free family event will take place in our area. Foothills United Methodist Church in Rescue is hosting its second annual transportation fair, called Touch-A-Truck. There will be more than trucks at this event, including all different types of vehicles such as construction, recreational, emergency, […]

Building permits, housing on the rise

WASHINGTON, D.C. — The U.S. Department of Housing and Urban Development and the U.S. Census Bureau recently announced the following new residential construction statistics for July 2014: Building permits Privately owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,052,000. This is 8.1 percent (±1.8 percent) above the revised […]

Traditional, modern meld in Pinedale

A harmonious melding of Craftsman and contemporary features gives the Pinedale a look that is both distinctive and intriguing. The home’s wide profile and three-car garage are clearly reflective of recent trends. Classic Craftsman touches include: graceful geometric upper window sashes, decorative gable supports, and simple squared posts supported by tapered stone veneer bases. At […]

Housing affordability declines statewide

LOS ANGELES — Lower interest rates in the second quarter of 2014 failed to offset continued home price increases, lowering housing affordability statewide and in 19 of 26 counties in California, the California Association of Realtors recently reported. The percentage of homebuyers who could afford to purchase a median-priced, existing single-family home in California fell from 33 […]

Welcome Home El Dorado Slow Ride planned

The third annual Slow Ride will take place 11 a.m. Sept. 20. The event is dedicated to the return of all of our county’s military. The ride is to acknowledge the sacrifice that those who have answered the call of their country. The ride starts in Pollock Pines and winds down the the roads of the […]

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