lake county california real estate: Lake County Real Estate Outlook: Bouncing Along The Bottom
- 01/19/10 11:37 AM
As you know the real estate market has taken a beating lately and as a homeowner I'm sure is a subject that you are keenly interested in. There is some good news and some bad news. The bad news is that home values have reached an 8 year low the second quarter of last year but the good news is that they have started to make the slow turn around the second half of the year. The $140,000 median price point in the second quarter of last year was the lowest since 2001. The fourth quarter median price is $147,000 showing … (0 comments)
After a bit of a shaky start it looks like calREDD is finally going to be implemented in my area, Lake County. As a director of the local Lake County Association of REALTORS®, chairman of the MLS committee and chairman of the calREDDTM task force let me assure you that we didn't take the task lightly in helping develop this system. We spent countless hours in testing and putting the system through it's paces and, I'm sure, giving the good folks at calREDDTM fits with all our requests for improvements and bug fixes. It now looks very robust and much … (6 comments)
Here's an important question about the current market: To figure out where we are in the current real estate market, do you look at home prices or do you focus on sales? In a real estate market where an estimated 35 to 40 percent of all home sales are foreclosures or short sales - in other words, distressed properties-- prices don't tell you much more than the obvious that we are still "correcting" the excesses of the boom years, still peeling back those wild and unsustainable hyperinflationary price run ups. So it's no … (0 comments)
lake county california real estate: Lake County Home Sales Increase, Values Drop.
- 02/04/09 12:57 AM
LAKE COUNTY- Home sales increased 19.2 percent in December in Lake County compared with the same period a year ago, while the median price of a home fell 37.4 percent according to information gathered from the Lake County Multiple Listing Service (MLS). Closed escrow sales of homes in Lake County totaled 45 in December according to the MLS. The median price of a home in Lake County during December 2008 was $150,000, a 37.4 percent decrease from the $239,500 median for December 2007 according to the MLS. The December 2008 median price fell 18.9 percent compared with November's $185,000 median … (0 comments)
lake county california real estate: Property Owners' Plans
- 10/19/07 09:11 AM
The following is a message from Daniel Krause, President Riviera-West Property Owners Board It's the time of year when things start to slow down and our efforts turn toward cleaning common areas up. The water plant / marina area is in need of repairs and the Board will be starting to clean and make repairs, where necessary. We are looking into replacing the entry gate with a heavy duty motor that we hope will not continually break down. We also plan to work with the Water Board in cleaning up the Water Plant. The replacing of existing docks will take some time … (0 comments)
lake county california real estate: Building Moratorium Lifted in the Riviera-West
- 10/19/07 09:05 AM
After two years of a self imposed moratorium the Riviera West Mutual Water Company board unanimously voted in their September 23rd meeting to allow water hookups effective November 1st in the Riviera West Subdivision. Originally scheduled to end in January 2007 the board lifted the ban because "the system has the capability to supply the existing homes and new growth," said Water Company president Jim Snodgrass. "However, our water supply concerns are not over and conservation is still vital. Responsible water use, monitoring of growth, increasing efficiency of the facility are a few of the factors that the Board will continue … (0 comments)
lake county california real estate: Market Condition Improves For Buyers
- 10/19/07 06:30 AM
Home sales decreased 36.71 percent in September in Lake County compared with the same period a year ago, and the median price of a home decreased 4.2 percent, the Lake County Multiple Listing Service (MLS) reported. Closed escrow sales of homes in Lake County totaled 50 in September, according to information collected from the MLS, a decrease of 36.7percent from the 79 sales pace recorded in September 2006. The median price of a home in Lake County during September 2007 was $263,500, a 4.2 percent decrease from the $275,000 median for September 2006, the MLS reported. The September 2007 median price increased 12.8 … (0 comments)
lake county california real estate: Open houses are a waste of time! Or are they?
- 09/17/07 04:56 PM
This weekend our company had an open house extravaganza where we had over 120 open houses in a single weekend. http://activerain.com/blogsview/182828/1-Plus-Homes-To I hosted 20 on Sunday with the help of other agents and the homeowners. We had a drawing for 5 $100 gift certificates for those who filled out the registration cards. We advertised it in the local paper, on the local radio stations, on the web sites, had a big banner on our office for the week and called all of our owners to get everyone involved. On the day of the event, we put up the signs, filled dozens … (12 comments)
lake county california real estate: Fire claims historic resort gazebo
- 09/15/07 05:47 PM
Firefighters quickly contained a 50-acre wildland fire on the Mendocino National Forest Tuesday. U.S. Forest Service photo by Wolfgang Liebe. BARTLETT SPRINGS - In yet another blow to Lake County's historical buildings, a Tuesday fire claimed the Bartlett Springs Resort gazebo and another building on the remote site of the once-famed resort. Mendocino National Forest officials reported Wednesday that the buildings were destroyed in a 50-acre wildland fire that broke out on private property. Forest spokesperson Phebe Brown reported that the fire was located on Forest Service Road M-16/Bartlett Springs Road, about 15 miles north of Highway 20 and six miles east of … (0 comments)
lake county california real estate: Bell rings after long wait.
- 09/15/07 05:33 PM
LOWER LAKE - For the first time in more than a century, a bell rang from the Lower Lake Schoolhouse Museum's bell tower on Thursday afternoon. Jane Weaver, whose dedication to restoring and preserving the schoolhouse over the past quarter-century is credited for saving the building, and County Administrator Kelly Cox, another staunch supporter of the building restoration, had the honors of officially ringing in the new Lower Lake Schoolhouse Museum bell tower, completed earlier this summer. The new tower is a replica of the 70-foot-tall bell tower that was part of the school's original construction, completed in 1877. The original bell … (1 comments)
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