PLACERVILLE, CALIFORNIA

Press Release

California’s home sales remain subdued in November

LOS ANGELES — Slower price gains and the lowest interest rates in nearly two years did little to spur November home sales as low housing affordability and tight supply conditions remained obstacles to entering the market for would-be buyers, the California Association of Realtors recently reported. Closed escrow sales of existing, single-family detached homes in California totaled […]

Sunny Gerabaldi has room for a big family

Columns, wooden shutters and keystone arches give a classic European look to the two-story Gerabaldi. Stucco covering the columns and most of the exterior is evocative of homes near the Mediterranean Sea. Family living areas are on the ground floor, where they link to the three-car garage through a mudroom, with storage and a built-in […]

Water rights law celebrates its 100th anniversary

By Tim Moran State Water Resoucrces Control Board In the long and contentious history of water rights in California, one date stands out: Dec. 19, 1914, exactly 100 years ago. That year brought order and structure to California’s previously often chaotic and litigious water rights landscape. It also marks a dividing line in the hierarchy of […]

South Tahoe resorts expect 1-3 feet

SOUTH LAKE TAHOE Calif./Nev. — It’s beginning to look a lot like Christmas as this week’s forecast calls 1-3 feet of powder above 7,000 feet (tahoesouth.com/). According to NOAA, the system will produce significant snow in the Sierra with an increase in intensity yesterday afternoon and continuing through the afternoon today. A slight chance of snow […]

Financing remodels getting easier

DES PLAINES, Ill. — How hard is it for homeowners to get financing for the remodeling project they want to undertake?  The National Association of the Remodeling Industry asked its research panel, made up of contractors across the county, their opinion in its third quarter review of market conditions. The results found that NARI member professional contractors […]

DMV extends office hours

The California Department of Motor Vehicles (DMV) is extending office hours and adding appointment opportunities to support the issuance of all original driver licenses, including licenses that will be issued under AB 60 — driver’s licenses for undocumented immigrants — starting as of  Jan. 2. DMV anticipates processing approximately 1.4 million additional driver license applications […]

Northstar, Heavenly boast of new snowfall

TRUCKEE — Northstar California Resort received an additional six inches of new snow Wednesday and snow accumulation has reached 31 inches on upper-mountain slopes throughout the past six days. As a result, Northstar will opened 12 additional trails Thursday including East Ridge, Delight, Stump Alley, Ax Handle, Springboard, Dutchman, The Chute, Tonini’s, Crosscut, Flume, Powder […]

Home sales could end on a high note

LOS ANGELES — Pending home sales in California picked up steam in October and rose for the second straight month, portending a pickup in closed sales for the remainder of the year, the California Association of Realtors recently reported. California pending home sales were up in October, with the Pending Home Sales Index rising 2 percent […]

Lakeview vacation home has great views

The Lakeview is a vacation home designed to take full advantage of a panoramic view. Built on a plot of beach or lakefront land, this small home lets you continue enjoying the out-of-doors even when you have to come inside. Stacks of glass fill most of the wall space on three sides of the lofty […]

Rules changing for REOs

WASHINGTON, D.C. — The Federal Housing Finance Agency recently directed Fannie Mae and Freddie Mac to alter one of their policies relating to the sale of real estate owned properties in current inventory. The change will permit the two companies to sell existing REO properties to any qualified purchaser at the property’s fair-market value, as determined […]

Commercial real estate demand holds steady despite overseas concerns

WASHINGTON, D.C. — Despite a slowing global economy, forward economic momentum in the U.S. should keep commercial real estate activity on firmer footing, according to the National Association of Realtors quarterly commercial real estate forecast. Lawrence Yun, NAR chief economist, says commercial activity should progress at a gradual pace heading into 2015. “Solid economic growth in the […]

HUD secretary stresses need for credit expansion, housing finance system reform

LOS ANGELES — An audience of nearly 300 real estate executives and practitioners, industry stakeholders, economists and policymakers gathered this month in Los Angeles for the inaugural Real Estate Summit: Partnering for Change in California, which featured a keynote speech from U.S. Secretary of Housing and Urban Development Julián Castro. Convened by the California Association of Realtors, […]

Big, bright Macon has handsome façade

The Macon is a visual delight. Half-timbers accent a vaulted porch, nicely set off by the stone veneer next to it. The porch, in turn, frames an impressive entry flanked by sidelights and crowned with a fanlight. Curved trim boards and varied window treatments add to the viewing pleasure. With nearly 3,000 square feet of […]

Resorts to open before holiday weekend

LAKE TAHOE — With up to a foot of fresh snow forecasted, Lake Tahoe ski resorts are ready to kick off another winter season with the majority planning to open in advance of the upcoming Thanksgiving holiday. Destination guests headed to Lake Tahoe this season will find significant capital improvements including new lakefront lodges, two new […]

Roomy Barnhart ideal for gatherings

Families that enjoy entertaining will be impressed with the Barnhart’s capacity for handling large gatherings. Depending on the weather and time of year, people can congregate in the kitchen and vaulted great room, the vaulted patio, or both. Both areas have wood-burning fireplaces that serve as inviting focal points, plus the kitchen has a curved-edge […]

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 […]

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