Here you will find weekly market statistics which are a compilation of
Real Estate activity in Tuolumne County. Hopefully this will be of help
to those of you who are trying to gain some sense of where our market
is going.

Click here for immediate access to Tuolumne County MLS Listings

--------------------------------------------------------------------------------
Sign up for Free Weekly Update
As always your privacy is of the utmost importance. Krieg and Associates
will never use your information for any other purpose.
--------------------------------------------------------------------------------

Tuolumne Co. Real Estate Weekly Update 07-09-09

Real Estate in Tuolumne County moved downward. This weeks average
price fell to $254,671 for a 3 bedroom, 2 bath, 2 car garage home.*

The number of days on the market (DOM) fell. Currently Tuolumne
County Homes* have an average market time of 157 days.

Taking a look at the total picture and including homes of all shapes and
sizes, inventory increased by 11 this week from 485 to 496. The median
asking price dropped to $314,500 with an average time of 146 days on
the market.

Tuolumne Co. Real Estate
228 Homes priced under $300k (Up 5 from last week)
199 priced between $300 and $500k (Up 1 from last week)

... Way, way back in 2004, 14 Residential properties sold with an
average price of $284,536 and 92 DOM

In 2005, 7 sold with an average price of $377,271 and 76 DOM

This week in 2006, 10 properties went into contract and 5 sold with an
average price of $376,200 and 130 DOM.

In the year 2007, 6 went into contract and 4 sold with an average price
of $331,250 and 64 DOM............

In the year 2008, 5 went into contract and 3 sold with an average price
of $2429,476 and 62 DOM............

In North Tuolumne County during the past 7 days, 9 Residential
properties went into contract and 5 sold with an average price of
$305,980 and 146 DOM.
* These figures are based on homes with 3br, 2ba, 2 car garages and
1200 to 1800 SQFT, averaged over the previous 12 months. This information is deemed reliable but not
guaranteed.




Tuolumne County Homes Sold Report

Tuolumne County Homes Weekly Escrow Report

www.tonykrieg.com

LINKS TO:

FIND A HOME

GET PRE-APPROVED

NEIGHBORHOOD SCHOOL

HELPFUL LINKS:

Los Angeles Attractions

Los Angeles Tourism

Things to Do in So. California

Estimate Your Credit Score

Interactive Los Angeles County Map

Service Areas:

Bellflower, CA

Cerritos, CA

Downey, CA

Lakewood, CA

Long Beach, CA

Norwalk, CA

Paramount, CA

Pico Rivera, CA

Santa Fe Springs, CA

And all of Southern California

Nice and Affordable Homes in the City

Commitments to You as a Client

As your Exclusive Buyer's Agent : I will work full-time as your professional Real Estate advisor, to help you buy the home of your choice, using real estate expertise to make buying your home a smooth, pleasant and enjoyable experience.

As Your Exclusive Seller's Agent: I will work full-time as your professional Real Estate advisor, to help you sell your home for the highest price in a timely fashion, using real estate expertise to make selling your home a smooth, pleasant and profitable experience.

Latest Mortgage Rates Current Last Week 30 Year Fixed 15 Year Fixed 5/1 ARM Get this widget See local rates

Current Mortgage Rates Get this widget See local rates

Mortgage Calculator Get custom loan quotes
— anonymously Zillow Mortgage Marketplace Get this widget

RELATED LINKS:

<!-- end of Windows Media code -->

Hi Everyone! I would like to remind those crafty sisters and brothers out there who enjoy homemade goodies, that the 2nd Annual Renegade Craft Fair is coming up on July 18 and 19 in San Francisco. There will be tons of talented artists and crafters of different caliber, from all over the world. There will be cool booths where unique goodies will be showcased-it'll be like Etsy, but in real life. The best part is that the event is free (oh yes, we all love free, don't we?), but bring your wallets if you like to shop. There are two individuals that I am particularly excited to meet. I have bought quite a few items from this corky lady here and I think this cute lady makes the most fun, darling and creative items. Hope you come out and join us-maybe we can shop together. If you would like more information, please click here. Hope to see you there!

Just Listed - 4 Bedroom Sunny Hills Pool Home

A Beautiful 4 Bedroom Pool Home in a Popular Sunny Hills West William Lyons Tract.

In a group of homes known for large floorplans and large lots, this one truly does not disappoint. The 18,000 sqft lot host a large solar heated pool, covered patios, and terraced yard perfect for entertaining and still keeping an eye on the swimmers.

Rv access will give you plenty of room for toys or even adding on to the house. Large master has private bathroom. Grand living room with high ceilings makes for a stunning view upon entering the home. Downstairs family room has fireplace, an adjacent bed & bath, plus access to backyard.

Remodeled kitchen, new carpet and paint throughout house. Property located at end of small cul-de-sac near grissom park in the sunny hills high school, parks junior high, sunset lane elementary school districts.

Motivated owner, bring all reasonable offers. For more info or to request a private showing, call 714 686 6946



View other
Sunny Hills West Homes For Sale

Check for comparable neighborhood prices at www.foustonline.com, Home searches will help you to see what the market is saying. Also review neighborhoods to get a comparison of the areas.

I was in a meeting with about fifty realtors the other day who had not even heard about the hvcc petition!

We can't assume that everyone has heard about it - as a matter of fact it's obvious the word has not gotten around since there are less than 50,000 signatures. OR have you heard about it but chose not to take the two minutes to sign it? I personally have forwarded the petition to all my current and past clients and asked them to sign it.

So for those of you who STILL have not heard about it, I will make it simple:

HVCC stands for Home Valuation Code of Conduct.

It was put into place to help curb the potential for fraud with respect to the valuation of residential properties.

This has changed the entire process for banks and mortgage companies to order the appraisals from the professionals that they have trust in from their proven track record and have built a relationship with over the course of their career.

1. We can NO LONGER order conventional appraisals from our trusted appraisers. We now have to go through a third party company that will order the appraisals from appraisers who are willing to work for less b/c the middleman (third party company) takes 40% of the fee. Honestly, don't we get what we pay for? I don't know any experienced appraiser that would be willing to cut their income by 40%. They are now all getting out of the business.

2. The appraiser does not have to be located anywhere near the property that needs to be appraised! Would you feel comfortable with an appraiser coming from 200 miles to do your appraisal? This WILL affect your transactions people - don't just assume that it's the mtg company's problem.

3. We can NO longer have ANY contact with the appraiser! WHAT? Ok an appraisal comes in low with inaccurate information and we can't fight it? I personall had one where the appraiser knocked the value down 15,000 b/c he was using comps for a condo that sat right on the 101 freeway with DOUBLE windows (not double paned) and was in a far inferior neighborhood when there were plenty of comps supporting the property my buyer was buying. I sent emails and voicemails to try and discuss this inaccurate information and was completely ignored. I then found out that he never even went to the property!

4. If the loan needs to be submitted to a second investor for any reason, a whole new appraisal has to be ordered - resulting in additional fees to the consumer.

Ok this is just a brief overview of what the hvcc is -As of now because of all the problems, there is legislation requesting an 18 month moratorium on the hvcc. But we need more signatures to have it permanently reversed.

PLEASE GO TO WWW.HVCCPETITION.COM and help YOUR future business.