PLACERVILLE, CALIFORNIA

Press Release

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 […]

Preston Castle wine tasting and tour

IONE — Taste the fine wines of Amador County and enjoy the aura of the historical Preston Castle 3-6 p.m. Sept. 13. Experience the history and feel the sensation of the past. Attendees will sample fine wines, poured by 15 different wineries, from commemorative Preston Castle wine glasses. Sip a glass of wine, enjoy a […]

Quilt show planned for CP

The Gold Bug Quilters will hold the group’s annual show 10 a.m.-5 p.m. Sept. 5, 6 and closing at 4 p.m. Sept. 7 at the Cameron Park Community Services Gymnasium, 2502 Country Club Drive. Admission is $7, with gentlemen and children free. The admission price includes all three days. The feature quilt will be a […]

HUD scorecard: Housing rebound progresses

WASHINGTON, D.C. — The U.S. Department of Housing and Urban Development’s latest data show progress among key indicators, including rebound in the sale of existing homes and the continuing downward trend of foreclosure starts and completions. While this scorecard notes positive overall trends in the housing market, officials caution that more work needs to be done as the […]

Home-price gains decelerate in many metro areas

WASHINGTON, D.C — Home-price growth continued to moderate in many metropolitan areas in the second quarter and national year-over-year price appreciation is now at its slowest pace since 2012, according to the latest quarterly report by the National Association of Realtors. The median existing single-family home price increased in 71 percent of measured markets, with 122 […]

Spacious Kennewick houses two families

Front gables and traditional railed front porches impart a country flavor to this updated duplex. Each of the Kennewick’s three-bedroom units has more living space than you might expect, which becomes evident as soon as you step inside. Shared walls between the two units are doubly thick, to maximize privacy. Natural light spills into the […]

Meet the Trojans

EL DORADO HILLS — On Saturday from 4 to 6 p.m., the 2014 Oak Ridge High football team will be the center of attention at the El Dorado Hills Town Center Amphitheater. In addition to meeting players on this year’s varsity roster, plus the junior varsity and freshman grid squads, the Oak Ridge High dance […]

Unique Coronado focuses on family pool

It’s just a few steps to the pool from almost anywhere in the Coronado. You can get there from the family room, owners’ bath and guest suite, as well as from the entry hall. Even the stairs from the second level bedrooms lead directly down to triple sliding doors that open onto the patio. The […]

Remodeling industry sees modest growth

DES PLAINES, ILL. — All current remodeling market indicators showed an increase in the second-quarter 2014 Remodeling Business Pulse survey from the National Association of the Remodeling Industry’s. Remodelers are currently seeing growth, from conditions in March, which had seen a decline in business conditions during the first three months of 2014. Growth indicators in […]

Pending home sales decrease in June

LOS ANGELES — Equity home sales posted their highest level since the housing crisis began, reaching more than 90 percent of all home sales. Meanwhile, seasonal factors, combined with shrinking affordability cooled pending home sales in June, the California Association of Realtors recently reported. Distressed housing market data • The share of equity sales continued in an upward […]

Luxury home sales jump

El Dorado Hills leads tri-county region SACRAMENTO — The greater Sacramento area’s luxury housing market continued to gain strength in the second quarter with high-end home sales climbing more than 20 percent compared to the same quarter in 2013, according to a new report by Coldwell Banker Residential Brokerage, the region’s leading luxury real estate services company. […]

Lower interest rates perk up California home sales in June

LOS ANGELES — Lower interest rates and stabilizing home prices combined to boost home sales in June, the California Association of Realtors recently reported. However, diminished home affordability remains a challenge for buyers, particularly in high cost areas of the state. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of […]

Sunny Rosabella exudes a warm ambiance

The Rosabella’s rounded roof tiles and stucco exterior can’t help but evoke the sunny climes of Spain and Italy. Gentle arches cap window and door openings, adding to the Mediterranean ambiance. Bold stucco-clad columns frame the lofty entry porch and keystones add a classic element. Entry doors open into a high-ceilinged entry where light washes […]

International buyers invest in America

WASHINGTON, D. C. — Favorable exchange rates, affordable home prices and rising affluence abroad continue to drive international buyers to the United States to purchase properties and make real estate investments. According to the National Association of Realtors 2014 Profile of International Home Buying Activity, for the period April 2013 through March 2014, total international sales have been estimated […]

“Where’s McLeod Giveaway Days” on Tahoe Rim Trail

STATELINE, NV — The 2nd Annual Tahoe Rim Trail Challenge continues to build momentum as over 350 hikers, bikers and equestrians and five large Reno-Tahoe base corporations engage their employees in the 2014 Tahoe Rim Trail Challenge. The program, now in its second year, has inspired both novice and seasoned trail users to begin tackling small sections […]

July 09, 2014 | Posted in Sports | Tagged ,

Equity home sales jump; pending home slide

LOS ANGELES — Higher home values continued to fuel more equity home sales, which have made up more than 80 percent of all home sales for the past 11 consecutive months.  Meanwhile, pending home sales fell in May as investors pulled out of the market due to higher home prices, the California Association of Realtors recently reported. […]

Sheryl Lindroos joins American Heritage

American Heritage Real Estate Professionals in Cameron Park is proud to welcome its newest team member to the family — Sheryl Lindroos. “Sheryl is not just a Realtor, she will be a great asset to our company,” according to American Heritage staff. “Her dedication, honesty and professionalism will shine and be noticed by everyone she comes in contact with.” […]

East meets West in bathroom remodels

DES PLAINES, Ill. — Asian-style interiors evoke an image of serenity and tranquil calm. This style is a popular choice in bathroom design as the desire to escape hectic, urban lifestyle in a peaceful spa-like oasis is growing increasingly popular. Contemporary bathrooms with an Asian flair — especially in bathrooms — accomplish this by blending colors found […]

Craftsman-style Ravenden is economical

Craftsman-style windows, porch supports, and decorative gable ends lend their timeless appeal to the Ravenden. This small ranch-style home offers a combination of openness, economy and contemporary features that both empty nesters and young families will find appealing. Shake-textured shingles fill the triangular gable fronts, while also adding visual appeal to the framed-out bases of […]

Realtors say HAWK is a good first step

WASHINGTON, D.C. — In a letter sent to the U.S. Department of Housing and Urban Development, the National Association of Realtors offered support for the Federal Housing Administration’s efforts to reduce mortgage insurance premiums for first-time buyers through its Homeowners Armed with Knowledge, or HAWK, housing counseling pilot program but is concerned the program won’t significantly reduce premiums or […]

Look up: Is it time for a new roof?

LENEXA, KAN. — How do you know if it’s time to replace your roof? How do you find a qualified roofer? And, how do you find a roof that resists fungus and algae? National Roofing Week, July 6-12, is the ideal time for homeowners to gain insights and answers to their roofing questions and focus on […]

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