About Placer County, CA

Lincoln Homes for Sale: Deal of the Day

02-10-12

Shannon Coe:925-997-5758 Lincoln, Rocklin, Loomis, Roseville

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Office: (925) 997-5758

Home Deal of the Day:

Lincoln California

Priced at $205,000

Single Story with 4 Bedrooms and 2 Bathrooms

Cute landscaping

Move in ready, perfect for first time home buyers and investors.

For Placer County Real Estate contact:

Shannon Coe Realtor #01489731

http://www.ShannonCoe.com

http://www.YourPlacerCountyAgent.com

http://www.ShannonCoe@KW.com

925-997-5758

916-960-4741

ShannonCoeTeam@gmail.com

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Where to have a romantic dinner on Valentine’s Day in Tahoe City, California

02-09-12

Laura Allen, Lake Tahoe Homes for Sale www.TahoeLauraLuxuryHomes.com

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Mobile: (530) 414-1260

Where to have a romantic dinner on Valentine’s Day in Tahoe City, California

Where to have a romantic dinner on Valentine’s Day in Tahoe City, California

It’s that time of year when you can almost smell the flowers, or taste the sweet candy. This year Valentine’s Day falls on a Tuesday, which is less than a week away.

If you’re like me and my Sweetheart, we tend to celebrate on the weekend. If that’s the case, there’s a good chance you may find yourself up here in the greater Lake Tahoe area right before, or after Valentine’s Day this year. Here are a few of my favorite romantic area restaurants that are always a hit for dinner.

Graham’s – 1650 Squaw Valley Road, Olympic Valley, CA Reservations 530.581.0454 www.dinewine.com

Graham’s offers unique California cuisine with a European influence. They offer a full bar and an extensive world class, award winning wine list with over 800 bottles to choose from. The atmosphere is always inviting with white table linens, candle light, and during the winter you’ll enjoy the warmth and glow of the wood burning fireplaces. Graham’s is located near the Village at Squaw Valley and reservations are highly recommended for this local area favorite.

Soule Domain – 9983 Cove Street, Crystal Bay, CA Reservations 530.546.7529 www.SouleDomain.com

Soule Domain offers a variety of California cuisine. This cozy and romantic restaurant is set in a Tahoe log cabin with a rock fireplace. You’ll find the mountain charm of this place inviting and romantic. Soule Domain is located just past Kings Beach, at the California / Nevada Stateline in Crystal Bay. Reservations are highly recommended for this romantic local favorite.

Christy Hill – 115 Grove Street, Tahoe City, California Reservations 530.583.8551 www.ChristyHillcom

Christy Hill offers a variety of seasonal California cuisine with a French influence. They have an extensive wine by the glass and wine list. This intimate lakeside restaurant offers wonderful views of Lake Tahoe perfect for a romantic evening. Christy Hill is located in the heart of downtown Tahoe City, California. Reservations are highly recommended for this popular lake view restaurant.

All three restaurants will be open for dinner on February 14, 2012 to celebrate this day of love and romance!

Happy Valentine’s Day!

For all of your Tahoe real estate needs - Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist, DRE# 01473598, 530.414.1260, www.TahoeLauraLuxuryHomes.com Laura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California.

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Report Reveals Number of Foreclosures Down From Last Year

02-09-12

Ken Brazil

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Office: (916) 791-9073

By: Esther Cho

A foreclosure report released by CoreLogic Wednesday revealed that the number of homes in foreclosure is decreasing nationwide. The report included monthly data on foreclosures, foreclosure inventory, and 90-plus delinquency rates.

Completed foreclosures for 2011 totaled 830,000, compared to 1.1 million in 2010. The December 2011 completed foreclosures figure was also down to 55,000, compared to 67,000 in December 2010.

Nationally, the number of loans in the foreclosure inventory decreased 8.4 percent in December 2011, compared to December 2010, which is a decline of about 130,000 properties. Data from the report revealed 1.4 million homes, or 3.4 percent of all homes with a mortgage, were in the foreclosure inventory as of December 2011.

A property is counted as foreclosure inventory when the mortgage servicer places the property into the foreclosure process. Foreclosure inventory is only measured against homes with an outstanding mortgage. About one-third of homeowners nationwide own their homes.

“The inventory of foreclosed properties has begun to shrink, and the pace at which properties are entering foreclosure is slowing. While foreclosure filings are being curtailed by a variety of judicial and regulatory constraints, mortgage servicers are completing REO sales faster than they are completing foreclosures,” Mark

Fleming, chief economist with CoreLogic, said in the release. “This is the first time in a year that REO sales have outpaced completed foreclosures, and part of the reason for the decrease in the foreclosure inventory.”

In December 2011, servicers increased the rate at which they were able to process distressed assets, also known as distressed clearing ratio, according to the CoreLogic report.

The distressed clearing ratio is found by dividing the number of REO sales by completed foreclosures. A higher ratio means faster clearing of REO inventory. The distressed clearing ratio was 1.03 in December, up from 0.94 in November.

The share of borrowers nationally that were 90 days or more delinquent decreased to 7.3 percent in December 2011, compared to 7.8 percent in December 2010.

From the start of the financial crisis in September 2008, there have been approximately 3.2 million completed foreclosures, according to the report.

CoreLogic, headquartered in California, provides information, analytics, and services to the private and public sectors.

December 2011 Highlights From the Report

The five states with the highest foreclosure inventory:

Florida (11.9 percent)
New Jersey (6.4 percent)
Illinois (5.4 percent)
Nevada (5.3 percent)
New York (4.6 percent)

The five states with the lowest foreclosure inventory:

Wyoming (0.7 percent)
Alaska (0.8 percent)
North Dakota (0.8 percent)
Nebraska (1.0 percent)
Washington (1.3 percent)

Of the top 100 markets measured by Core Based Statistical Areas (CBSAs) population, 34 are showing an increase in the foreclosure inventory in December 2011, compared to 46 in November 2011.

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Tahoe Park, Tahoe City, West Shore, Lake Tahoe, California Real Estate Market Report – Year End Review 2011

02-08-12

Laura Allen, Lake Tahoe Homes for Sale www.TahoeLauraLuxuryHomes.com

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Mobile: (530) 414-1260

Tahoe Park, Tahoe City, West Shore, Lake Tahoe, California Real Estate Market Report – Year End Review 2011

Tahoe Park, Tahoe City, West Shore, Lake Tahoe, California Real Estate Market Report – Year End Review 2011 The Tahoe Park neighborhood is one of the older neighborhoods on the West Shore, and is known for its easy access and the charm of the smaller, older Tahoe cabins, along with newer, larger, luxury mountain homes.

This area is very desirable as the homes are walking distance to the Lake Tahoe Park Homeowner Association (also known as “Tahoe Park HOA”) gated beach area. Membership into the Lake Tahoe Park HOA can only be gained by land ownership in their designated area and adds to the overall market value and desirability of the area.

Tahoe Park, Tahoe City, West Shore, Lake Tahoe, California Real Estate Market Report – Year End Review 2011 The Lake Tahoe Park Homeowners Association gives owners access to over 850’ feet of Lake Tahoe Shore line, a gated beach, BBQ/picnic areas, two shared piers, buoy rental, and kayak storage rental options, just to name a few of the wonderful benefits of the group. This area is located next William Kent Campground Public Beach and the Sunnyside Resort and Marina area.

In addition to Tahoe Park being located close enough for most residents to walk, or a short ride to their HOA beach area, this neighborhood has a small market- Sunnyside Market, three restaurants – Fire Sign Café (breakfast and lunch), Spoons (dinner only) and Sunnyside Resort (Bar and restaurant, lunch seasonal, dinner nightly), and Cyclepaths bike shop. Vacation rentals in this area are typically at a premium because of the desirable location and the Lake Tahoe Park HOA membership.

Like most West Shore neighborhoods, Tahoe Park’s close proximity to Tahoe City and Lake Tahoe recreational activities such as boating, hiking, biking (dirt and paved trails), tennis, golf, skiing, shopping, and restaurants makes this a great area to have a primary, or second home.

Sold Single Family Homes in the Tahoe Park, Tahoe City neighborhood West Shore, Lake Tahoe, California:

Mountain home and cabin prices are down -6% for the Tahoe Park, Tahoe City, California area. What is really surprising is how few sales this popular area has had this past year with just one (1) sale in the Tahoe Park neighborhood for 2011.

With only one sale completed for this year in this neighborhood, it’s hard to come to any strong conclusions on how much this area has really dropped, or if stabilization is really occurring. Comparing 2009 to 2010, home values increased +17.8%, but the number of distress sales almost doubled, to 54% of all sales in 2010. What we do know is that this area, with 8 homes currently for sale this area has had very little activity. Based on the one sale in 2011, the currently median average sales price is at $525,000.

Cash sale transactions for Tahoe Park homes improved in 2010 to 44%, but the one sale in 2011 was not a cash sale, so that drops to 0% cash sales, well below the Tahoe-Truckee area average of 35%.

The current absorption rate for this neighborhood is unknown since the last sale was more than 6 months ago. Anything above 7 months of inventory is considered a Buyers’ market. The absorption rate can change quickly and is typically based on the past 30 – 60 days. Since only 1 sale occurred in the past 12 months, with 8 properties listed for sale, we know that the absorption rate is more than 8 months, or a Buyers’ market.

There were no distress sales (bank foreclosures- real estate owned (REO’s) and short sales) for 2011, which is an improvement over 2010.

There were 8 Active – available homes for sale in just the Tahoe Park neighborhood of, Tahoe City, West Shore, Lake Tahoe, California area as of 02/08/2012. They ranged in price from $315,000 to $1,235,000. Of the 7 homes offered for sale there is 1 short sale accounting for 13% of the market share. Currently, there are no pending sales in the Tahoe Park area as of 02/08/2012.

Tahoe Park, Tahoe City, West Shore, Lake Tahoe, California, Real Estate Summary for

Sold Single Family Homes:

Year	Homes Sold	Median Average Sales Price	Lowest Price Sold	Highest Price Sold	% Cash Transactions	Absorption Rate < 5 months Sellers Mkt 5-7 months balanced Mkt >7 months Buyer’s Mkt	% Distressed Sales	Breakdown of distressed Sales
2011	1	$525,000	$525,000	$525,000	0%	8+ Months Buyers’ Market	0%	0 REO’s 0 Short Sales
2010	11	$560,000	$300,905	$2,200,000	44%	NA	55%	3 REO’s 3 Short Sales
2009	7	$475,000	$400,000	$925,000	14%	NA	29%	1 REO’s 1 Short Sale
2008	3	$879,833	$439,500	$1,140,000	67%	NA	0%	0 REO’s 0 Short Sale
2007	7	$830,000	$550,000	$1,155,000	29%	NA	0%	0 REO’s 0 Short Sale
2006	13	$849,000	$712,500	$1,350,000	15%	NA	0%	0 REO’s 0 Short Sale

*YTD period is 01/01/2011 – 12/31/2011. Data Source: Tahoe Sierra Multiple Listing Service.

If you’d like more information on the Lake Tahoe – Truckee, California real estate market read current and past Tahoe newsletters.

Note: Year-to-date summaries are based on information from the Tahoe Sierra Board of Realtors (TSMLS). Due to TSMLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Laura Allen, or Coldwell Banker Residential Brokerage does not guarantee the data’s accuracy. Data maintained by the TMLS's may not reflect all real estate activity in the market. All information is deemed to be reliable, but is subject to change and/or correction without prior notice. Data Source – Tahoe Sierra Multiple Listing Service (TSMLS). If your property is currently listed for sale, or you have an active Buyer Representation Agreement, this is not intended as a solicitation.

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West Roseville horse property for sale (coming soon/new pictures) listed by Roseville real estate agent Jesse Coffey

02-08-12

Jesse Coffey

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Office: (916) 960-4593

West Roseville horse property for sale (coming soon) listed by Roseville real estate agent Jesse Coffey. I have a 2 acre horse property that will be available around March 1, 2012 in West Roseville Ca. This wonderful property has a 2,988 square foot home with a built in pool and many upgrades. Feel free to contact me for more information on this home which will be available very soon.

In addition to West Roseville real estate I am a very knowledgeable East Roseville real estate agent, Morgan Creek real estate agent, Diamond Creek real estate agent, Crocker Ranch real estate agent, Fiddyment Farm real estate agent, WestPark Roseville real estate agent, and Roseville real estate agent. Contact me for all of your Roseville CA real estate needs.

View Roseville homes for sale.

As a Roseville CA real estate agent I also assist Roseville home owners as a Roseville short sale agent. Please contact me for a confidential short sale consultation if you are considering short selling your Roseville home. I am an experienced Roseville short sale agent.

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