Monday, December 22, 2014
PLACERVILLE, CALIFORNIA
99 CENTS

Karen Larson, EDCAR president: Making sense of the General Plan Update

El Dorado County is in the process of refining our General Plan, formally required by the state of California every five years. In April of 2011, the county assessed prior activity and determined that the basic General Plan Assumptions, Strategies, Concepts and Objectives were still generally valid and that no amendments would be needed at […]

Good neighbors wanted

National Association of Realtors Realtors are leaders in their communities. They help people achieve the dream of homeownership, while also volunteering their time and support to improve the lives of those less fortunate. The National Association of Realtors recognizes Realtors who dedicate themselves to volunteer service through Realtor Magazine’s Good Neighbor Awards, which is currently […]

Licensed, bonded and insured: What does that all mean to the homeowner?

Some customers often wonder how easy or difficult it is for a contractor to get their license. Actually, California is one of the most difficult places in the United States because of strict requirements. Any contractor applying for a license must put in the required experience of four years as a journeyman in the trade […]

Arrests made in ‘We Kill Your Mortgage’ scheme

Three suspects have been arrested and charged in a mortgage fraud scheme targeting struggling Northern California homeowners, according to the California Attorney General’s Office. Six Websites allegedly used by the suspects to advertise their scheme have been intercepted and redirected to a resource page on the AG’s website. The felony complaint alleges that Ronald Vernon […]

Existing home sales slip in December; prices continue to rise

National Association of Realtors WASHINGTON, D.C. — Existing-home sales eased in December but are well above a year ago, while limited inventory maintained the upward momentum in home prices, according to the National Association of Realtors. Total sales in 2012 were the highest in five years, while the annual price rose the most since 2005. […]

Real estate class tackles the basics

Nearly everyone seems to deal with some aspect of homeownership — realty considerations, renting or related financial considerations. Since a major portion of one’s income or wealth goes into real estate, it’s valuable to know some of the principles. Learning unique vocabulary and subject areas is important for making the best decision. Vast resources of […]

CAR sponsors bill to help underwater homeowners get much-needed financial relief

LOS ANGELES — In an effort to conform state law to a federal law passed last week that extended mortgage debt forgiveness, the California Association of Realtors is sponsoring Senate Bill 30, so that California homeowners on the brink of foreclosure can get much-needed debt relief. SB 30 (Calderon, D-Montebello) will for one more year […]

Compact Riverton has a spacious feel

Assocaited Designs The Riverton is a contemporary ranch-style cottage designed to sit on land that slopes down at the rear. With minimal changes, this fairly compact plan could also be built on level ground. About three-fourths of the floor space is on the ground level, including the owners’ suite. Vaulted ceilings in the great room, […]

Voit Real Estate completes multi-million-dollar complex sale

SACRAMENTO — Voit Real Estate Services’ Sacramento  office has successfully completed the $10.825 million acquisition of Westwood Apartments, a 182-unit multifamily apartment community located in Carmichael on behalf of the buyer. The community, which is comprised of 29 buildings situated on 6.69 acres, consists of apartments ranging from studios to three-bedroom units, according to Rod Ballinger […]

Michele Van Horn installed as WCR president

CAMERON PARK — Michele Van Horn ABR, CRS, EPRO, GRI, PMN, SRES, of Lyon Real Estate was installed as the 2013 president of the El Dorado Women’s Council of Realtors in a ceremony held at Cameron Park County Club on Dec 7. The El Dorado County Chapter is a professional real estate group affiliated with […]

Banks offer incentives to help homeowners falling behind

Distressed homeowners in El Dorado County can now take advantage of historically unprecedented cash incentives to sell the home they can’t afford. Because of the unique nature of today’s market, new bank and government programs pay relocation incentives to homeowners who undergo a foreclosure alternative — most commonly short sales. “For the banks, this is […]

Reynolds has plenty of room

A handsome and stately contemporary plan, the Reynolds offers close to 4,000 square feet of indoor living space, plus a three-car garage with plenty of storage. Smooth painted columns support the graceful entry. Stepped brick detailing rims arched openings to windows and doors, while sidelights and transoms provide sparkling accents to the lofty entry. Stepping […]

Window Vision gives shoppers a unique look

People wandering past the Allison James Estates & Homes might get startled when they hear a voice from above. This isn’t a higher power, just a unique way to advertise real estate. The Allison James team recently installed Window Vision — an interactive screen outside the office that allows passersby to research a home, a real […]

National administrator begins foreclosure refund process

SACRAMENTO — Claim forms will be sent to approximately 432,584 California borrowers who lost their homes to foreclosure between Jan. 1, 2008, and Dec. 31, 2011, and may be eligible for a settlement payment under the $25 billion national mortgage foreclosure settlement. Borrowers receiving the claim forms had mortgages serviced by Ally/GMAC, Bank of America, […]

To remodel or not to remodel

Seven questions homeowners need to ask before commencing construction “Remodeling isn’t for everyone, and many times it could be a downright bad decision,” according to Dan Fritschen, founder of remodelormove.com. “It’s well worth your time to pause and consider what your proposedproject entails, and whether the it’s worth the time, energy, and money you’ll end up pouring into it.” […]

Think foothill living is boring? Time to think again

If you think Amador County is a place where the loudest noises are the crickets at night, or going home entails a glass of wine on your back patio as you overlook a championship golf course, and somewhere you really get to know your neighbors, you would be correct. But the lineup of year-round events […]

Obama administration: Housing recovery has some momentum

WASHINGTON, D.C. — The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury recently released the July edition of the Obama administration’s Housing Scorecard — a comprehensive report on the nation’s housing market. Data in the Housing Scorecard show continued signs of recovery as foreclosure starts and completions declined in […]

Real estate agent hurt in wreck

RE/MAX Gold agent Rachel Gray suffered major burns after an accident on the Rubicon Trail during the Jeepers Jamboree on July 28. Following the fiery wreck in which Gray’s vehicle rolled multiple times, ejecting Gray and a passenger, the 21-year-old woman from El Dorado Hills was flown to UC Davis Medical Center. She has since […]

Gov. Brown signs Homeowner Bill of Rights

LOS ANGELES – Governor Edmund G. Brown Jr. today signed the California Homeowner Bill of Rights to halt the “abusive tactics” of loan servicers and protect struggling homeowners who are trying, in good faith, to renegotiate their mortgages. “Californians should not have to suffer the abusive tactics of those who would push foreclosure behind the […]

Debunking myths surrounding home sellers’ inspections

Signs are pointing to a more promising real estate market, according to Jimmy Garcia, owner of a HouseMaster franchise in Elk Grove, but sellers still need to do all they can to find a qualified buyer and get the deal to close. To this end, experienced real estate agents often recommend the homeowner get a home inspection to make sure […]

Commercial real estate recovery hits snag

WASHINGTON, D.C. — Although commercial real estate markets showed signs of recovery in 2011, commercial lending standards have tightened in the past year for small businesses and scuttled a major portion of contracted transactions for smaller properties, according to the National Association of Realtors annual Commercial Real Estate 2012 Lending Survey. Lawrence Yun, NAR chief […]

State agency warns consumers of forged, fraudulent property deeds

Consumers urged to be proactive to guard against and repair the damage caused by scams  SACRAMENTO — The California Department of Real Estate recently issued a Consumer Alert about the growing number of scams that involve forged or fraudulent property deeds and what consumers can do to protect themselves against such fraud. The DRE is a state […]

Southwestern Grandeza is bright and breezy

Refreshing Mediterranean influences inspire the contemporary Spanish Grandeza. Stucco arches and columns combine with round-arched windows and a tile roof to give the plan a sunny ambiance that is equally evocative of the American Southwest. This home is almost as naturally bright inside as out. At center is a high-ceilinged, hexagonal great room where arched […]

California housing starts dip

SACRAMENTO – The state’s homebuilders pulled permits for fewer new single-family and multifamily homes in January when compared to the previous month and when compared to January 2011, the California Building Industry Association recently announced. According to statistics compiled by the Construction Industry Research Board, permits were pulled for 2,353 total housing units in January, […]

HUD releases budget designed to streamline and strengthen programs

WASHINGTON, D.C  — U.S. Housing and Urban Development Secretary Shaun Donovan unveiled HUD’s fiscal year 2013 budget proposal earlier this weer. Titled Housing and Communities Built to Last, the budget reflects the president’s vision of an America that can draw strength from its vibrant communities and momentum from a robust housing market. Read the budget at portal.hud.gov/hudportal/HUD?src=/fy2013budget. “As […]

Sac State Construction Management team succeeds in national competition

SACRAMENTO — Sacramento State’s prolific Construction Management team has made the coveted final four in another national competition. Now it’s on to Florida to vie for top honors. “Our CM students made the top four for the Mechanical Contractors of America Association’s (MCAA) national student competition,” said Professor Mikael Anderson, coordinator of the Construction Management Program. […]

Pending home sales decline in December, remain above a year ago

After reaching a 19-month high, pending home sales eased in December but stayed above year-ago levels, according to the National Association of Realtors. The Pending Home Sales Index*, a forward-looking indicator based on contract signings, declined 3.5 percent to 96.6 in December from 100.1 in November but is 5.6 percent above December 2010 when it was 91.5. […]

Coldwell Banker donation drives very successful

SACRAMENTO — Coldwell Banker Residential Brokerage, the leading real estate company in the Sacramento-Tahoe region, announced that it collected 8,335 toys and 2,716 coats this holiday season to benefit families in need throughout Northern California. The annual Toys for Tots and Operation: One Warm Coat collection campaigns this holiday season marked the 25th consecutive year that Coldwell […]

February 03, 2012 | Posted in Real Estate | Tagged | 1 Reply

Today’s boomers downsize homes, but upsize amenities

Say good-bye to the McMansion. According to a leading real estate website, Trulia.com, 2010 was officially the year that homes larger than 3,200 square feet ended their dominance and appeal. But don’t think that downsizing means downgrading. In fact, homeowners are looking to upsize their amenities to help them enjoy every inch of their homes. […]

HUD awards $1.5 billion to homeless programs

Funding supports administration’s strategy to prevent, end homelessness WASHINGTON, D.C. — U.S. Housing and Urban Development Secretary Shaun Donovan awarded $1.47 billion to renew funding to more than 7,100 local homeless programs operating across the country. The funding announced last month will ensure these housing and service programs remain operating in 2012 and are a […]

January 06, 2012 | Posted in Real Estate | Tagged | 1 Reply

‘Must-haves’ vs. ‘Nice-to-haves’ – Five tips for creating a home wish list that works

By Kris Vogt It’s that time of year when most people begin working on their holiday wish lists. But for potential homebuyers, visions of finding the perfect home dance in their heads all-year-round. From a backyard oasis with a patio and swimming pool, to a gourmet kitchen with the most up-to-date appliances, plenty of space to […]

CAR launches Spanish-language Website

In an effort to meet the needs of Spanish-speaking homebuyers in California, the Californi Association of Realtors recently launched sucasa.net, a brand-new Spanish-language property search Website. Sucasa.net shares the same multiple listing service data as its sister Website, California Living Network, powered by the National Association of Realtors’ realtor.com. However, Sucasa.net offers Spanish-speaking homebuyers an […]

Growth in commercial real estate expected in 2012

WASHINGTON, D.C. — Commercial real estate markets have been relatively flat this year, but improving fundamentals mean a more positive trend is expected in 2012, according to the National Association of Realtors. Lawrence Yun, NAR chief economist, said there is little change in most of the commercial market sectors. “Vacancy rates are flat, leasing is soft […]

SkySlope CEO brings life to real estate industry, local economy

SACRAMENTO — SkySlope, an online transaction management software company, is bringing bright ideas to the national real estate industry with the release of its innovative technologies. At the same time, the firm is putting Sacramento county on the map when it comes to real estate. According to its determined CEO Tyler Smith, what has driven […]

March 16, 2012 | Posted in Real Estate | Tagged | 1 Reply

Voit Real Estate Services reports high transaction volume

SACRAMENTO — In the third quarter of 2011, nearly 1.5 million square feet of office property was leased or sold in Sacramento — the highest figure seen since 2009, according to the Third Quarter Market Report released by Voit Real Estate Services, which does business in El Dorado and other area counties. In addition, net absorption turned positive in […]

November 04, 2011 | Posted in Real Estate | Tagged | 1 Reply

Existing home sales slip in September

Existing-home sales were down in September on the heels of a strong gain in August, but remain well above a year ago, according to the National Association of Realtors®. Total existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, declined 3 percent to a seasonally adjusted annual rate of 4.91 million in […]

Blue Creek lodge offers great vistas

Built in the right setting, the bright and spacious hexagonal great room at the center of the Blue Creek serves up a panorama of stunning views. And the vistas from inside this lodge are yours to enjoy from the moment you step inside. The main floor has a ground level entrance, but is one story […]

The Ardella: Two homes in one

The Ardella is a uniquely versatile and multi-faceted home. Technically, it’s a single-story ranch-style plan, but the custom brickwork that covers the front façade gives it a much more traditional appearance. What’s more, it could be viewed as either a five-bedroom home with excellent separation of space, or a three-bedroom home with a linked mother-in-law […]