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Friday, November 30, 2012

8 Markets Where Homes Are Selling the Fastest

The median age of inventory of for-sale homes has dropped nearly 12 percent compared to year-ago levels, according to October housing data from Realtor.com.

With inventories shrinking nationwide and hovering at historic lows, homes are selling faster in many parts of the country.

“Lower inventories, combined with somewhat higher median list prices, suggest that the housing market ending the 2012 home-buying season is in better shape than it was a year ago,” according to a Realtor.com release.

California boasts the most number of housing markets seeing some of the lowest median age of inventory in October. In Oakland, Calif., the median age of inventory is the lowest in the country at 21 days, a 57 percent decrease over year ago levels.

The following are the top eight markets with the lowest median age of inventories in the country:
  • Oakland, Calif.: 21 days
  • Stockton-Lodi, Calif.: 26 days
  • Sacramento, Calif.: 32 days
  • Denver, Colo.: 40 days
  • San Francisco: 44 days
  • Fresno, Calif.: 44 days
  • Phoenix-Mesa, Ariz.: 47 days
  • San Jose, Calif.: 47 days
By Melissa Dittmann Tracey, REALTOR(R) Magazine Daily News

Wednesday, November 28, 2012

Drastically Low Inventory of Available Homes for Sale In Shingle Springs and Cameron Park Cause Prices to Increase


If you know anybody who is thinking about selling, please consider referring me. Prices are increasing rapidly right now because of the shortage of homes for sale. This could all change in the spring as more people try to hit the "buying" season. There are serious buyers out there right now, but there's not much to look at. The time to sell is now so please have your friends and family call me for a free market analysis. I think they'll be surprised at much their home has appreciated from the lows last year.

Saturday, November 24, 2012

How can you refinance an underwater mortgage?

If you are underwater on your mortgage and want to stay in your house, the first step is to try to refinance to a lower interest rate which will make your payments more affordable.  This article highlights some resources that are available.  If for some reason you don't qualify for a refinance, please contact me.  I have experience with short sales and can help.

From CNN Money November 9, 2012~

I am trying to find a program that will help me refinance my home loan. I owe more than the house is worth. I have never been late on a payment and my credit score is really good. My current rate is 8% and no one will seem to refinance it for me. Is there any hope? — Jeff D.

Step one is to figure out what type of loan you have, says Marsha O'Hare, a financial service specialist and HUD-certified housing counselor at Apprisen, a Columbus, Ohio-based credit counseling organization. If the loan is owned or guaranteed by Freddie Mac or Fannie Mae, you may be eligible for the government's Home Affordable Refinancing Program (HARP). "It allows someone who is not delinquent in their payments to refinance, even if the house is worth less than the loan," says O'Hare. You can find more information about HARP at http://www.makinghomeaffordable.gov.

Another option, she says, is a Federal Housing Administration (FHA) Short Refinance. This program is extended to homeowners who are not behind on payments, owe more than their home is worth, and whose loans are not covered by Fannie Mae, Freddie Mac or FHA. A key part of the program is that lenders must agree to reduce the principal of the loan, so contact your mortgage provider to see if you are eligible. Read more about the FHA Short Refinance program at http://www.makinghomeaffordable.gov/programs/lower-rates/Pages/short-refinance.aspx.

If these options don't work, O'Hare suggests meeting with a certified housing counselor to work through the specifics of the loan and figure out what might work best for your financial situation. The U.S. Department of Housing provides a list of counselors listed by state at http://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm.

— Austin Kilham

Got a question for the Help Desk? Send it to helpdesk@cnnmoney.com.

Posted in: Credit, Real Estate
   

Wednesday, November 21, 2012

El Dorado County Animal Services - Animal Adoptions

El Dorado County Animal Services has (7) Quarter Horses available for
adoption - Free to the right home! 5 mares, 1 gelding & 1 stallion.
Pictures & Details at www.facebook.com/edcanimalservices or you can call
the shelter! 530-621-7631

Their page also has pictures of dogs and cats that are available for adoption!

Sunday, November 18, 2012

Lake Clementine - Auburn State Recreation Area

We're always wondering what to do for fun and exercise in the out of doors this time of year. It's too cold to go hiking at higher elevations, but there's not enough snow to go snowshoeing or skiing. In the valley, it's too cold to go kayaking, and road biking would be a bit chilly.

This is when we usually turn to Auburn State Recreation Area. You can get a good workout while exploring the vast canyon trail system either on mountain bike or foot. Having already explored the Auburn Lake Trails area and the Olmstead Loop in Cool, last week we opted for a stroll to Lake Clementine. This would be a great hike to bring the kids on over the Thanksgiving holiday because you can get to the spillway with relative ease and they will marvel at walking under the Foresthill Bridge.

Take Hwy 49 to the confluence of the North and Middle Forks of the American River in Auburn.  Park at any of the self pay lots along the road.  Begin your hike by walking along the road that crosses the North Fork and head along the south side of the river under the Forest Hill Bridge.  The lake is only about 1.5 miles from parking and is a gentle slope.  The trails continue past the lake for the more adventurous.
 
 
 

What's In Store for the California Market in 2013?

MarketSnapshot_20121101

Friday, November 9, 2012

Potential borrowers eager to find lenders with superior service

This article from the L.A. Times highlights an important part of the home purchasing process that buyers need to be aware of.   A responsive lender can make a huge difference in how smoothly the process goes while also reducing stress.  I keep a vendor list of local businesses that have received RAVE reviews from my clients, so if you ever need a list of GREAT lenders, (or other local business) in the area please give me a call.

Potential borrowers eager to find lenders with superior service

Saturday, November 3, 2012

Thursday, November 1, 2012

Folsom, CA - Home Sales October 2012

1100 Moon Cir #1137 Folsom, CA 95630-4143  $ 150,000.00
885 Halidon Way #1018 Folsom, CA 95630-8438  $ 164,900.00
128 Wild River Ln Folsom, CA 95630-2023  $ 194,500.00
1106 Esplanade Cir #1106 Folsom, CA 95630-7361  $ 195,500.00
212 Blossom Rock Ln #36 Folsom, CA 95630-8743  $ 213,000.00
691 Diamond Glen Cir Folsom, CA 95630-3168  $ 229,500.00
2230 Trower Ct Folsom, CA 95630-8500  $ 235,000.00
442 Carlson Way Folsom, CA 95630-7930  $ 236,000.00
639 Flower Dr Folsom, CA 95630-4817  $ 240,000.00
1502 Ferry Cir Folsom, CA 95630-4014  $ 240,000.00
716 Diamond Glen Cir Folsom, CA 95630-3158  $ 241,900.00
107 Snow Bar Ct Folsom, CA 95630-4871  $ 245,000.00
601 Humbert St Folsom, CA 95630-5452  $ 247,000.00
104 Mcnamee Dr Folsom, CA 95630-3292  $ 262,000.00
103 Harcourt Way Folsom, CA 95630-8647  $ 263,000.00
408 Weider Ct Folsom, CA 95630-8430  $ 270,000.00
142 Gilded Rock Cir Folsom, CA 95630-3276  $ 271,000.00
132 Witmer Dr Folsom, CA 95630-4654  $ 275,000.00
284 Spencer St Folsom, CA 95630-2749  $ 283,900.00
117 Mesquite Ct Folsom, CA 95630-4844  $ 285,000.00
1704 Ballou Cir Folsom, CA 95630-5716  $ 295,000.00
107 Marble Canyon Dr Folsom, CA 95630-7109  $ 295,000.00
710 Orange Grove Way Folsom, CA 95630-3213  $ 298,000.00
815 Stewart St Folsom, CA 95630-9566  $ 299,000.00
1442 Kerslake Cir Folsom, CA 95630-8460  $ 300,000.00
200 Willow Creek Dr Folsom, CA 95630-4807  $ 312,500.00
233 Briggs Ranch Dr Folsom, CA 95630-5269  $ 315,000.00
1081 Houston Cir Folsom, CA 95630-7654  $ 320,000.00
1181 Clemensen Cir Folsom, CA 95630-7303  $ 330,000.00
428 Ebi Way Folsom, CA 95630-9542  $ 335,000.00
124 Dyrell Way Folsom, CA 95630-2369  $ 339,000.00
703 Larson Way Folsom, CA 95630-6904  $ 350,000.00
108 Triff Ct Folsom, CA 95630-5431  $ 355,000.00
103 Canyon Rim Dr Folsom, CA 95630-2001  $ 360,000.00
804 Bluestone Cir Folsom, CA 95630-3519  $ 360,000.00
2121 Entwistle Ct Folsom, CA 95630-8546  $ 362,000.00
2234 Zittle Dr Folsom, CA 95630-6178  $ 370,000.00
1207 Eschelman Ct Folsom, CA 95630-7334  $ 380,000.00
402 Sutter St Folsom, CA 95630-2541  $ 380,000.00
700 Halidon Way Folsom, CA 95630-8402  $ 385,000.00
752 Bluestone Cir Folsom, CA 95630-3530  $ 390,525.00
1684 Bayer Ct Folsom, CA 95630-7324  $ 402,000.00
184 John Henry Cir Folsom, CA 95630-8128  $ 404,000.00
104 Simmons Way Folsom, CA 95630-1820  $ 409,000.00
277 Baurer Cir Folsom, CA 95630-6780  $ 417,000.00
189 Oxleigh Way Folsom, CA 95630-8410  $ 420,000.00
1772 Dunkeld Ln Folsom, CA 95630-5316  $ 420,000.00
569 Fisher Cir Folsom, CA 95630-9540  $ 427,000.00
2064 Stockman Cir Folsom, CA 95630-6237  $ 430,000.00
1400 Freswick Dr Folsom, CA 95630-5302  $ 435,000.00
156 Teceira Way Folsom, CA 95630-7713  $ 437,000.00
171 Stonington Way Folsom, CA 95630-6811  $ 444,000.00
103 Rigney Ct Folsom, CA 95630-8014  $ 449,000.00
187 Westbury Cir Folsom, CA 95630-6859  $ 450,000.00
135 Oak Ravine Way Folsom, CA 95630-2013  $ 452,000.00
161 Cruickshank Dr Folsom, CA 95630-7720  $ 455,000.00
1628 Crowle Ct Folsom, CA 95630-7313  $ 462,000.00
121 Finchley Ln Folsom, CA 95630-6746  $ 469,000.00
1933 Tyndrum Ln Folsom, CA 95630-6114  $ 469,000.00
227 Luna Cir Folsom, CA 95630-7741  $ 475,000.00
517 Keefer St Folsom, CA 95630-8808  $ 485,000.00
248 American River Canyon Dr Folsom, CA 95630-7145  $ 495,000.00
1337 Blough Way Folsom, CA 95630-8424  $ 500,000.00
1099 Sibley St Folsom, CA 95630-3220  $ 509,000.00
1532 Settlers Ct Folsom, CA 95630-7668  $ 510,000.00
321 Canyon Falls Dr Folsom, CA 95630-7127  $ 529,000.00
104 Hollyann Dr Folsom, CA 95630-6619  $ 575,000.00
243 Alabaster Point Way Folsom, CA 95630  $ 600,000.00
1945 Tarbolton Cir Folsom, CA 95630-6131  $ 600,000.00
307 Fitchburg Folsom, CA 95630-6400  $ 620,000.00
1777 Summer Cloud Ct Folsom, CA 95630-6249  $ 830,000.00

El Dorado Hills, CA - Homes Sales October 2021

2230 Valley View Pkwy #1012 El Dorado Hills, CA 95762-5598  $    115,000.00
2230 Valley View Pkwy #921 El Dorado Hills, CA 95762-5598  $    199,990.00
3784 ARROWHEAD Ct El Dorado Hills, CA 95762-4503  $    230,000.00
3087 Stanford Ln El Dorado Hills, CA 95762-4323  $    260,500.00
3773 Park Dr El Dorado Hills, CA 95762-4560  $    280,000.00
948 Kings Canyon Dr El Dorado Hills, CA 95762-4511  $    285,000.00
860 Shasta Cir El Dorado Hills, CA 95762-4536  $    300,000.00
4355 Brisbane Cir El Dorado Hills, CA 95762-5376  $    329,000.00
4345 Lombardia Way El Dorado Hills, CA 95762-5446  $    339,000.00
531 Platt Cir El Dorado Hills, CA 95762-7311  $    345,000.00
1101 Oak Tree Cir El Dorado Hills, CA 95762-4064  $    345,000.00
3022 Merriam Ct El Dorado Hills, CA 95762-4203  $    358,900.00
4339 Rimini Way El Dorado Hills, CA 95762-5470  $    366,000.00
609 Platt Cir El Dorado Hills, CA 95762-7300  $    375,000.00
8016 Damico Dr El Dorado Hills, CA 95762-5479  $    391,000.00
7026 Rushwood Dr El Dorado Hills, CA 95762-5002  $    395,000.00
530 Montecito Ct El Dorado Hills, CA 95762-9696  $    399,000.00
3276 Kensington Dr El Dorado Hills, CA 95762  $    400,000.00
2022 Shelby Cir El Dorado Hills, CA 95762-4261  $    410,000.00
4857 Monte Mar Dr El Dorado Hills, CA 95762-5025  $    412,000.00
4823 Monte Mar Dr El Dorado Hills, CA 95762-5025  $    412,000.00
4933 Village Green Dr El Dorado Hills, CA 95762-7730  $    415,000.00
4232 Weathervane Ct El Dorado Hills, CA 95762  $    418,000.00
600 Barranca Ct El Dorado Hills, CA 95762-9698  $    420,000.00
3462 Archetto Dr El Dorado Hills, CA 95762-5487  $    420,000.00
2076 Bates Cir El Dorado Hills, CA 95762-6970  $    420,000.00
3202 Kensington Dr El Dorado Hills, CA 95762  $    425,100.00
5754 Gelston Way El Dorado Hills, CA 95762-5208  $    435,000.00
3497 Keswick Dr El Dorado Hills, CA 95762-7838  $    435,000.00
2343 Summer Dr El Dorado Hills, CA 95762-6317  $    442,000.00
223 Knapp Ct El Dorado Hills, CA 95762-7548  $    442,000.00
7060 Tarvisio Way El Dorado Hills, CA 95762-5525  $    447,000.00
3527 Ridgeview Dr El Dorado Hills, CA 95762-4433  $    452,500.00
4082 Fawn Creek El Dorado Hills, CA 95762  $    467,500.00
2543 Carnelian Cir El Dorado Hills, CA 95762  $    485,000.00
6052 PALERMO Way El Dorado Hills, CA 95762  $    498,000.00
5033 Skellig Rock Way El Dorado Hills, CA 95762-7691  $    519,000.00
7450 Grassy Creek Way El Dorado Hills, CA 95762-5034  $    549,000.00
3410 Smokey Mountain Cir El Dorado Hills, CA 95762-7326  $    566,000.00
1661 Downieville Ct El Dorado Hills, CA 95762-4074  $    570,000.00
2064 Frascati Dr El Dorado Hills, CA 95762-3968  $    589,605.00
1135 Souza Dr El Dorado Hills, CA 95762-7556  $    590,000.00
5052 Crail Way El Dorado Hills, CA 95762-7694  $    600,000.00
3617 Ridgeview Dr El Dorado Hills, CA 95762-4412  $    610,000.00
2810 Aberdeen Ln El Dorado Hills, CA 95762-5683  $    620,000.00
8075 Trevi Way El Dorado Hills, CA 95762-4144  $    640,000.00
818 Mast Ct El Dorado Hills, CA 95762  $    650,000.00
2020 Medici Way El Dorado Hills, CA 95762-4154  $    667,500.00
321 Belle Ct El Dorado Hills, CA 95762-4160  $    670,000.00
507 Veneto Ct El Dorado Hills, CA 95762-5400  $    675,000.00
3255 Bordeaux Dr El Dorado Hills, CA 95762-3982  $    702,500.00
5481 Sur Mer Dr El Dorado Hills, CA 95762-7653  $    785,000.00
1370 Van Gogh Dr El Dorado Hills, CA 95762-5256  $    790,000.00
1021 Crestline Cir El Dorado Hills, CA 95762-7220  $    875,000.00
854 Villa Del Sol El Dorado Hills, CA 95762  $    905,000.00
4393 Cordero Dr El Dorado Hills, CA 95762-7602  $    965,000.00
4715 Gresham Dr El Dorado Hills, CA 95762-7624  $    990,000.00
2554 Via Fiori El Dorado Hills, CA 95762-7006  $ 1,275,000.00
5120 Greyson Creek Dr El Dorado Hills, CA 95762-7719  $ 1,350,000.00

Cameron Park/Shingle Springs/Rescue - Home Sales October 2012

4381 S Shingle Rd Shingle Springs, CA 95682-7522  $      98,000.00
3300 Spill Way #1 Cameron Park, CA 95682-8113  $    133,000.00
3082 Emerald Ct Cameron Park, CA 95682-8536  $    135,000.00
3270 Topaz Ln Cameron Park, CA 95682-8514  $    139,500.00
3353 La Canada Dr Cameron Park, CA 95682-7972  $    149,000.00
2176 Winterhaven Cir Cameron Park, CA 95682-7401  $    157,000.00
3160 Navion Ct #3 Cameron Park, CA 95682-8152  $    159,000.00
3109 QUAD Ln Cameron Park, CA 95682-9061  $    173,000.00
4220 W Grannys Ln Shingle Springs, CA 95682-8446  $    185,000.00
3450 LA CANADA Dr Cameron Park, CA 95682-7992  $    190,000.00
2505 Chesapeake Bay Cr. Cameron Park, CA 95682-7316  $    191,500.00
3063 TWIN OAKS Rd Cameron Park, CA 95682-8517  $    200,000.00
3833 Fairway Dr Cameron Park, CA 95682-8655  $    206,000.00
2761 LA CRESCENTA Dr Cameron Park, CA 95682-8891  $    213,000.00
3053 Knollwood Dr Cameron Park, CA 95682-9069  $    220,000.00
3040 Granada Ct Cameron Park, CA 95682-8151  $    222,500.00
3904 TORONTO Rd Cameron Park, CA 95682-8629  $    225,000.00
4540 Creekside Dr Shingle Springs, CA 95682-8332  $    225,000.00
2589 La Crescenta Dr Rescue, CA 95672-9465  $    242,500.00
3272 Wilkinson Rd Cameron Park, CA 95682-9168  $    247,000.00
3605 MILLBRAE Rd Cameron Park, CA 95682-9049  $    255,000.00
5080 Buck Rd Shingle Springs, CA 95682-8430  $    260,000.00
2561 Sandpiper Way Cameron Park, CA 95682-9229  $    269,000.00
2522 Dudley Dr Rescue, CA 95672-9683  $    272,100.00
2884 WAVERLY Dr Cameron Park, CA 95682-7810  $    275,000.00
3934 De Sabla Rd Cameron Park, CA 95682-8604  $    275,000.00
4541 Woodside Way Shingle Springs, CA 95682-8335  $    279,000.00
2637 KNOLLWOOD Dr Cameron Park, CA 95682-8926  $    280,000.00
3321 Granada Dr Cameron Park, CA 95682-9116  $    285,000.00
2179 Peaceful Garden Way Rescue, CA 95672-9444  $    285,000.00
2403 Pinon Rd Rescue, CA 95672-9335  $    287,000.00
2736 Holly Hills Ln Cameron Park, CA 95682-9027  $    290,000.00
2777 Alhambra Dr Cameron Park, CA 95682-8821  $    305,000.00
3005 Calido Ct Cameron Park, CA 95682-9126  $    337,500.00
3801 Trestle Glen Ct Cameron Park, CA 95682-8156  $    348,500.00
3400 Calle San Miguel Shingle Springs, CA 95682-9563  $    351,000.00
3053 CAMEROSA Cir Cameron Park, CA 95682-7707  $    357,500.00
4092 Claymore Ct Cameron Park, CA 95682-7696  $    370,000.00
2801 Oak Lane Dr Rescue, CA 95672  $    377,000.00
3563 Santos Cir Cameron Park, CA 95682-8210  $    384,000.00
423 Cragmont Ct Cameron Park, CA 95682-8162  $    391,000.00
3621 Mira Ct Shingle Springs, CA 95682-5000  $    404,600.00
414 Malaga Ct Cameron Park, CA 95682-7001  $    405,000.00
2993 Knollwood Dr Cameron Park, CA 95682-9047  $    412,500.00
3607 Lambeth Dr Rescue, CA 95672-9392  $    445,000.00
3408 Chasen Dr Cameron Park, CA 95682-7640  $    449,900.00
4501 Holiday Lake Dr Shingle Springs, CA 95682-7203  $    450,000.00
2956 DEER VALLEY Rd Rescue, CA 95672-9574  $    451,000.00
413 MALAGA Ct Cameron Park, CA 95682-7001  $    460,000.00
3878 Chariot Cir Rescue, CA 95672-9614  $    482,000.00
5005 ASHLAND Dr Shingle Springs, CA 95682-7659  $    495,000.00
4900 TRAILS END Rd Cameron Park, CA 95682-9653  $    500,000.00
3788 Fairway Dr Cameron Park, CA 95682-8654  $    510,000.00
3613 Foxmore Ln Rescue, CA 95672-9358  $    510,000.00
3470 Bridget Brae Rd Shingle Springs, CA 95682-8718  $    580,000.00
2661 Oak Lane Dr Rescue, CA 95672-9639  $    595,000.00
4261 Vega Loop Shingle Springs, CA 95682-5022  $    640,000.00
3815 MINESHAFT Ln Shingle Springs, CA 95682-8754  $    670,000.00
3632 Meder Ct Shingle Springs, CA 95682-8765  $    689,000.00
5961 Bryant Rd Shingle Springs, CA 95682-5121  $    875,000.00
6258 Mitchell Rd Shingle Springs, CA 95682-5129  $ 1,100,000.00