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El Dorado Hills, CA Real Estate News

By Mike West, El Dorado Hills, CA CDPE, CNE, Licensed Loan Origi
(Heritage Oak Properties)
EL DORADO HILLS, CA HOME SALES DATA – SEPTEMBER 2012 The purpose of this post is to provide data to those interested in the El Dorado Hills, CA housing market. This report covers September 2012, and the fourteen previous months. The first chart lists the cost-per-square-foot for all homes sold in El Dorado Hills by month. There is only a slight fluctuation from month to month. The June number was much higher than it has been in years but the trend is obviously up. The September 2012 number is twelve dollars higher than was the September 2011 number and the second highest it the past fifteen months. If you would like to see all of the homes available in El Dorado Hills right now, select this link. It is a two-part process. First check the El Dorado Hills Area box part way down on the le...
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By Mike West, El Dorado Hills, CA CDPE, CNE, Licensed Loan Origi
(Heritage Oak Properties)
BANK OWNED (FORECLOSURE/REO) HOME SALES DATA FOR El Dorado Hills, CA – SEPTEMBER 2012   This is the latest monthly report of our five-year study of bank owned (foreclosure/REO) home sales in El Dorado Hills, CA.  This report covers September 2012. For the purposes of simplification, we will use the term foreclosure from this point forward.   If you would like to see all of the foreclosure homes available for sale in El Dorado Hills, select this link.  To view the available foreclosure homes you will have check the box marked “are REO/Bank Owned,” then scroll down and check the “El dorado Hills Area” box on the left side of the page and finally select the Search Now (List Your Results or Map Your Results) button at the bottom of the page. EVERY available property will come up. The data i...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
  Click here for a map of all 31 El Dorado Hills parks and rec areas.   _________________________________________     I am a REALTOR® in El Dorado Hills with Lyon Real Estate. I love living in El Dorado Hills, where homes with views have become my passion. Working with both buyers and sellers, my concentration on homes for sale includes not only El Dorado Hills, but also Folsom and the Cameron Park vicinity. For more information on me or our wonderful area visit my website at www.DeeDeeRiley.com or email me at driley@golyon.com. When you're ready to sell or buy a home – I would love to help! To read what my clients have to say about me and my service, visit my Client Testimonial page.     If you like what you're seeing here please come back or better yet...... Subscribe to My Blog by Em...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
Riding the El Dorado Hills Real Estate Roller Coaster  You may or may not have seen the RealEstate.com 'Riding the Trillion Dollar Real Estate Recovery Coaster' infographic but it portrays a huge come back in the real estate market. It does remind us however, that real estate is local and Riding the El Dorado Hills Real Estate Roller Coaster has been and continues to be quite different.   The following Trendgraphix graphs will shed a little more light on our roller coaster ride. The graphs show a 10 year look at the El Dorado Hills Real Estate Market through our inventory as well as our price per square foot and our average for sale and sold listing price so you can see the highs and lows we've dealt with.               Our price per square foot peaked in January 2006 at $260 per square...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
  If you didn't make it this year, hope you make the next one!    _________________________________________     I am a REALTOR® in El Dorado Hills with Lyon Real Estate. I love living in El Dorado Hills, where homes with views have become my passion. Working with both buyers and sellers, my concentration on homes for sale includes not only El Dorado Hills, but also Folsom and the Cameron Park vicinity. For more information on me or our wonderful area visit my website at www.DeeDeeRiley.com or email me at driley@golyon.com. When you're ready to sell or buy a home – I would love to help! To read what my clients have to say about me and my service, visit my Client Testimonial page.     Search Homes for Sale in Serrano   Click here to find out more about me! Or just Google Me Keep in touch ...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
What's To Do in El Dorado Hills - October     If you're wondering what's to do in El Dorado Hills, the hills are alive with all kinds of things this month!         Neillo Concours at Serrano - Car Show - October 7th, 10am-5pm - at the Serrano Visitor's Center. Classic cars and a fashion show.           El Dorado Hills Chamber of Commerce Mixer Showcasing Non-Profit Organizations in Our Community - October 10, 2012 -5:30-7:30pm - at Holdiay Inn inTown Center.       Community Clean-up Day - Saturday, October 13th - 9am-3pm - at VFD in Town Center.           Oak Ridge High School presents All Shook Up - October 18-27th - Times Vary - at the Oak Ridge HS Performing Arts Building. Elvis Presley songs.             Fall Festival - Saturday, October 13th - Noon -4pm - at Town Center - Beer tast...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
Lyon Real Estate 2nd Annual Coat Drive   For the whole month of October Lyon Real Estate is collecting for their 2nd Annual Coat Drive. You can drop coats off at any of our 17 offices or call me and I'll pick it up. Not only coats but hooded sweatshirts are also acceptable as in our areas, a hooded sweatshirt suffices.     Our El Dorado Hills office is in the process of deciding which charities we will be giving our collected coats to so if you have input please share.       _________________________________________     I am a REALTOR® in El Dorado Hills with Lyon Real Estate. I love living in El Dorado Hills, where homes with views have become my passion. Working with both buyers and sellers, my concentration on homes for sale includes not only El Dorado Hills, but also Folsom and the ...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
Oak Ridge High School Presents All Shook Up   Oak Ridge High School has two performances per year by their Theatre Arts Department. For their fall performance Oak Ridge High School Presents - All Shook Up, music of Elvis Presley.   Location: Oak Ridge HS Performing Arts   Building                                                                                          Performances: Evenings: October 18, 19, 20 @ 7pm October 25, 26, 27 @ 7pm Matinees: October 20, 21, 27, 28 @ 2pm     Tickets: $15 Adults               $10 Students/Seniors       Tickets may be purchased at the following locations: El Dorado Hills Chamber of Commerce or The California Welcome Center in Town Center (below Chilli's at the street level)   Online: www.brownpapertickets.com     You can also Reserve by phone at 9...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
  El Dorado Hills Community Clean-Up Day - October 13, 2012     El Dorado Hills Community Services organizes two community clean-ups each year. One in the spring and one in the fall. Our fall El Dorado Hills Community Clean-Up Day is coming up! Bring your large and bulky unwanted items for disposal along with green waste and e-waste. This is a service available to all El Dorado Hills residents and residents within the District boundaries.       When: October 13,2012 Time: 9am - 3pm Where: VPD             4250 Town Center Blvd. West             El Dorado Hills                 For more information on nonacceptable materials & optional disposal log onto: www.edhcsd.org and follow the links for "waste/recycling collection".                       _________________________________________    ...
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By Mike West, El Dorado Hills, CA CDPE, CNE, Licensed Loan Origi
(Heritage Oak Properties)
EL DORADO HILLS, CA HOME SALES DATA – AUGUST 2012 The purpose of this post is to provide those interested in the El Dorado Hills, CA housing market data about that market. This report covers August 2012, and the fourteen previous months. The first chart lists the cost-per-square-foot for all homes sold in El Dorado Hills by month. There is only a slight fluctuation from month to month. The June number was much higher than it has been in years and the July and August numbers are a little closer to the normal, but growing range. The August 2012 number is eleven dollars higher than was the August 2011 number and the second highest it the past fifteen months. If you would like to see all of the homes available in El Dorado Hills right now, select this link. It is a two-part process. First ...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
      That is Folsom Lake you see looking toward Granite Bay and Roseville! We have many neighborhoods with views. If you are looking for a home with a view call or email me for more information!    
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By Mike West, El Dorado Hills, CA CDPE, CNE, Licensed Loan Origi
(Heritage Oak Properties)
  BANK OWNED (FORECLOSURE/REO) HOME SALES DATA FOR El Dorado Hills, CA – AUGUST 2012   This is the latest monthly report of our five-year study of bank owned (foreclosure/REO) home sales in El Dorado Hills, CA.  This report covers August 2012. For the purposes of simplification, we will use the term foreclosure from this point forward. There were nine foreclosure homes sold in El Dorado Hills in August, up three from the previous month. All of these sales fall into the normal ranges.     The average days on market decreased from a 24 the previous month to 18 in August.  Seven, or 78%, of the foreclosure homes sold in two weeks or less in August, a larger segment than normal.    The nine foreclosure homes that sold represent only 9.9% of ALL homes that sold in El Dorado Hills this month,...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
Like Cars? The 2012 Niello Concours at Serrano is Coming!   The 2012 Niello Concours at Serrano is coming to El Dorado Hills and will be featuring the Marque of Pierce Arrow and celebrating 50 years of the Cobra honoring Carrol Shelby.                                                      Sunday, October 7th Serrano Visitor Center 4525 Serrano Parkway 10 am to 5 pm               Tickets are $35 in advance and $45 at the gate. Children 12 and under are free with a paid adult.   Schedule of events includes a fashion show at noon with the hottest new trends from Felicia Strati.   For more information visit www.theConcours.net or call 916-635-2445.   Hope to see you there!     _________________________________________ I am a REALTOR® in El Dorado Hills with Lyon Real Estate. I love living in...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
Just sold my short sale listing with a view. $635,000. Three bedrooms, 3 baths, 2871 square feet.  Congratulations to the lucky new owners!     _________________________________________     I am a REALTOR® in El Dorado Hills with Lyon Real Estate. I love living in El Dorado Hills, where homes with views have become my passion. Working with both buyers and sellers, my concentration on homes for sale includes not only El Dorado Hills, but also Folsom and the Cameron Park vicinity. For more information on me or our wonderful area visit my website at www.DeeDeeRiley.com or email me at driley@golyon.com. When you're ready to sell or buy a home – I would love to help! To read what my clients have to say about me and my service, visit my Client Testimonial page.   If you like what you're seei...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
What's Selling in El Dorado Hills - September 2012   Whether it's a hot market or a cold one, homes are always selling! Here's a look at what's selling in El Dorado Hills with the highest and lowest priced homes sold in August along with the monthly sales statistics.   Lowest Priced Home Sold - $247,500. This single story in Crown Village, was built in 1986 on .175 acres, with 4 bedrooms, 2 baths, 1880 square feet. It had a new HVAC unit, Granite counter, Travertine, and a RV access. It was a Short Sale but the list price was pre-approved by the lender so cut down on the long wait time most short sales experience. Average square foot price - $132. Sale price to list price - 100%. Cumulative days on market - 10.       Highest Priced Home Sold - $1,175,000. This Serrano custom was built i...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
The Change in the El Dorado Hills Real Estate Market   The hot topic these days is the low inventory we are seeing across the country. Here is a look at recent statistics and the change in the El Dorado Hills real estate market.   Inventory in El Dorado Hills is currently at a 10 year low. The following chart shows sales and pending sales as well with current sales the highest since summer of 2004.     Homes for Sale vs Solds vs Pending Sales 10 Year View       Average Sold Price Per Square Foot 10 Year View   In looking at the average square foot price of sold homes you can see that it was at it's highest in 2005, a time when the inventory (on the first chart) was also at a low point. For added perspective on the change in the El Dorado Hills real estate market I looked at the sales in...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
      The Serrano Visitor Center in El Dorado Hills.  It can be rented for events such as birthday bashes, chamber events, or the upcoming Niello Concours Car Show - October 7, 2012.   _________________________________________     I am a REALTOR® in El Dorado Hills with Lyon Real Estate. I love living in El Dorado Hills, where homes with views have become my passion. Working with both buyers and sellers, my concentration on homes for sale includes not only El Dorado Hills, but also Folsom and the Cameron Park vicinity. For more information on me or our wonderful area visit my website at www.DeeDeeRiley.com or email me at driley@golyon.com. When you're ready to sell or buy a home – I would love to help! To read what my clients have to say about me and my service, visit my Client Testimo...
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By Mike West, El Dorado Hills, CA CDPE, CNE, Licensed Loan Origi
(Heritage Oak Properties)
EL DORADO HILLS, CA HOME SALES DATA – JULY 2012 The purpose of this post is to provide those interested in the El Dorado Hills, CA housing market data about that market. This report covers July 2012, and the fourteen previous months. The first chart lists the cost-per-square-foot for all homes sold in El Dorado Hills by month. There is only a slight fluctuation from month to month but the last two months have shown large increases. When we look at year-over-year prices, May 2012 is slightly lower than the same month in 2011, June 2012 is up sharply over the same month in 2011 and July of 2012 is much higher than July 2011. Those potential buyers who decided to remain on the fence, “until prices hit bottom” no longer have a reason to wait. We understand that the bottom of the market occu...
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Not in most cases as the 203k loan program does not allow luxury items to be financed more than $1,500. So, the answer is yes if the work is $1,500 or less or if the borrower wants to put up the difference in cash. Therefore if you have one as we do right now the borrower has to come up with $23,500 and add it to his down payment since the money to make the repairs, all of the money must be in the renovation account when the loan is funded to insure we have the money to fix that pool and make it safe. That is the guideline. Wells Fargo later told me that they would have preferred that the money had just been left out of the system and used outside to complete the pool. This is not in compliance with the guidelines however.  What are your alternatives when the pool is a significant cost?...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
    SSgt Sky R Mote, died Aug. 10 while conducting combat operations in Helmand province, Afghanistan. He was assigned to 1st Marine Special Operations Battalion, Camp Pendleton, California. He was Killed in Action along with two other Marines, Capt. Matthew P. Manoukian, 29, of Los Altos Hills, California, and Gunnery Sgt. Ryan Jeschke, 31, of Herndon, Va., We mourn the loss of these three Marines. On Thursday afternoon/evening during his transfer from McClellan Air Park to Green Valley Mortuary El Dorado Hills honored their fallen soldier gathering on overpasses and along the roads of the route taken. While talking to a client whose brother served in Vietnam, I learned that those veterans returning from war were treated horribly.  I'm so glad to know we have evolved and realize these ...
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