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El Dorado County, CA Real Estate News

By Wendi-Mae Davis, CREN, CRS, GRI, SRES, Broker Associate, Counselor
(Future Homes & Real Estate)
Breaking News on the California Insurance Front! Governor Newsom signed an executive order yesterday to “take swift action to address issues with the insurance market.” He asked the Department of Insurance to: Expand Choices, Stabilize the Market Implement Better Rate Approval Process Ensure Stronger FAIR Plan Accelerate Implementation  In response, the Department of Insurance has implemented key regulatory elements of a new plan which include:  Executive action by Commissioner Lara to transition homeowners and businesses from the FAIR Plan back into the normal insurance market with commitments from insurance companies to cover all parts of California by writing no less than 85% of their statewide market share in high wildfire risk communities. For example, if a company writes 20 out of...
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By Wendi-Mae Davis, CREN, CRS, GRI, SRES, Broker Associate, Counselor
(Future Homes & Real Estate)
YES! THAT IS WHAT I SAID-I HAPPEN TO KNOW THE BEST HOME & AUTO INSURANCE AGENT IN THE ENTIRE STATE!!AND WHAT'S BEST ABOUT THAT-IS SHE WORKS IN MANY STATES!https://photos.google.com/share/AF1QipOpAD6CcRCU1mErceuzvEQuUBBbsMw2pKbAmzGnoh4FS4TAeb4XC70VPDmOzLT9ig?key=SGE0aW9DS1NTcjFwSzRIRkMtajVoT01TZVJVcll3Give Denise a call today 916-370-1883 and tell her Wendi-Mae sent you! :)   
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By Wendi-Mae Davis, CREN, CRS, GRI, SRES, Broker Associate, Counselor
(Future Homes & Real Estate)
ONE OF THE TOP 10 HOMES IN EL DORADO HILLS!!!  OPEN HOUSES THIS WEEKEND! ALL THIS FOR JUST $925KWelcome to this Peaceful Pocket in EDH! Blink & you could miss it! Close to everything-right around the corner! Yet...nestled in this small Community, of 11 Custom built Homes-& upon an Amazing Tree-Lined Cul-de-sac. This exquisite home is full of Natural light & is Updated from Top to bottom-Impeccable Crown & Baseboards thruout~Please be sure to see/or request the attached Property Feature Sheet. Inviting Entry~Leads you to the main level Guest quarters or, also a great location for an office-AKA 2nd Master suite...Then, onto the Kitchen-where you can enjoy the convenient Dining bar and Nook! Also the Living/Dining areas & access to your very own Oasis at home! Check out the Retreat of a Ma...
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By Kimberly Moore, Why Settle For Less When You Can Have Moore
(eXp Realty of California)
Welcome to 50 on 50, a blog dedicated to exploring the best local shops and restaurants in South Lake Tahoe. Over the next 25 weeks, I'll be highlighting two local business's per week and sharing my experience with you.South Lake Tahoe is home to a vibrant community of small businesses, and I'm excited to shine a spotlight on some of the hidden gems that make this area so special. From family-owned restaurants to unique boutiques, there's something for everyone in this bustling mountain town.Each week, I'll be visiting a different local business and sharing my thoughts on everything from the food to the ambiance. I'll also be interviewing the owners and staff to learn more about their stories and what makes their business unique.Some of the places I'll be visiting include: The Red Hut C...
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By Wendi-Mae Davis, CREN, CRS, GRI, SRES, Broker Associate, Counselor
(Future Homes & Real Estate)
THE HOUSING MARKET IS STABILIZING! GREAT NEWS!😊Inflation fell for the 8th straight month, in February, reaching lowest level since September 2021-Remains higher than the Fed’s 2% goal.Although more jobs were created in Feb. than expected, wage growth came in slightly slower-which helps outlook of reducing inflation.Retail sales fell in Feb., after surging in Jan.-Suggesting that Consumer Spending is slowing down in face of high inflation.Single Family Homebuilding & Permits for future construction-rebounded in Feb. offering hope the housing market is stabilizing-AND IT HAS-IN OUR TRI-COUNTY AREA.  am happy to provide Stats/Trends for any Neighborhood or Community that you may be interested in…Homebuilder confidence also improved for the 3rd straight month-despite high construction costs...
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By Wendi-Mae Davis, CREN, CRS, GRI, SRES, Broker Associate, Counselor
(Future Homes & Real Estate)
SENIOR REAL ESTATE SPECIALIST~With a full Concierge of Services...While I just received the SRES Designation recently...I can't help but to laugh-as it isn’t as though any of this is foreign to me-Given that I am also a member of the 50+ club!! :) and a Caretaker for my older family members...though now, I can call myself a Specialist-it was quite an intense class, if I do say myself.We all know-there is quite a bit to consider as we Age... talking to some of my friends about it-I found, some of us prefer to just swipe it all, right under the rug...Myself included…some-times…Which is part of the reason I wanted to take the Course...Now I don't have to-and now I can share my expertise-with YOU!I learned more about all Generations, and “Life Stages”, about 21st Century Retirement, about t...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
This year started out hot but with the increases in interest rates, as with the rest of the country, it has affected us here in El Dorado Hills as well.  Here is a look at what was selling in El Dorado Hills in October 2022 with the high and low home sales along with sales statistics for the month.  Keep in mind that numbers and statistics used here reflect MLS sales only. Very few of the new construction homes come through the MLS.  Highest Selling Home - The highest selling home in El Dorado Hills for October 2022 was a beautiful custom-built two story home on Corsica Dr. in the Bella Lago neighborhood at the Promontory. It was built in 2022 on .56 acres with approximately 5005 sq. ft., 7 bedrooms, and 5 bathrooms. It offered 12' coffered ceilings, a huge gourmet kitchen with a butler...
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By Wendi-Mae Davis, CREN, CRS, GRI, SRES, Broker Associate, Counselor
(Future Homes & Real Estate)
A RECESSION DOES NOT EQUAL A HOUSING CRISIS FOLKS!!!I know this looks a bit long winded-but it is packed full o’ facts-I hope you will take the time to read 😊I have been asked a few times recently, “Where is the Market headed?”Many, are concerned by what they have been hearing on the news…I hope to put to rest, some-if not all of your concerns-Right here, and now 😊#1-A Recession does NOT equal a Housing Crisis-No need to fret over what is nothing more than FAKE news, or just know-It simply is not the complete message.I have seen, and personally experienced many “ups” and “downs” in the more than 3 decades, that I have been a Realtor/Real Estate Counselor…I make sure to do the appropriate research-and have access to the right people (Top Local Economists/Appraisers), so as to properly co...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
It's been a while since I've done a post on looking back at our market but with all the concern that we are heading into a market like the catastrophic market of 2007 and 2008, I thought it was time.   Keep in mind that these numbers do not include new construction listings unless they have been listed on the MLS. Active, Pending and Sold ListingsAverage Price Per Square Foot of Closed HomesDay on Market - List/Sale Price RatioAverage Price For Sale and Sold Months of InventoryAs you can see, things are not even close to the same. If you have questions on any of this or would like to get an idea of your home's value, please reach out!
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By Wendi-Mae Davis, CREN, CRS, GRI, SRES, Broker Associate, Counselor
(Future Homes & Real Estate)
Before you decide to consider the likes of Open Door, Zillow, or ANY other Online entity, that offers to buy Your home-with NO stress, NO repairs-Oh, and with you doing nothing but hold your hand out for your proceeds...Call your Local Realtor…Not a bad idea to call one that has been in the business for more than 3 decades either 😊Seriously folks…YOU deserve to get everything possible, out of the sale of your home…after all, you only have one opportunity to do it right…YOU owe it to yourself, to be sure you have all the facts, before making such an important decision.If one really saves thousands of dollars in commissions-Don’t you think, more Home Sellers would choose this option?  Yes, they would…There is a reason, they are not. Before you make a decision to consider this route-Please...
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By Wendi-Mae Davis, CREN, CRS, GRI, SRES, Broker Associate, Counselor
(Future Homes & Real Estate)
The top news stories start with the word “RECESSION” lately…well, not today-Today, the top news is whether or not our President can ride a bike! Ha 😊 And apparently the answer is Nooooo—Now onto this conversation of a looming Recession in the housing market in 2022.Seriously folks-nothing happening in our market today is anything like it was prior to 2010…let alone into 2012.  This is not where the market is headed-please talk to a Professional, before you take yourself out of the market-even if that Professional isn’t me…Wendi-Mae Video Part 1 on Recession? of 2022KEEP IN MIND WHEN YOU LISTEN TO THE NEWS-SOME OF IT IS HYPE, a lot of it is Nationwide, NOT about your Local marketplace-and that makes a difference-Keep in mind when the subject is about a recession...SOME AREAS WILL NOT BE ...
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By Wendi-Mae Davis, CREN, CRS, GRI, SRES, Broker Associate, Counselor
(Future Homes & Real Estate)
Breaking News!!!   Planning an out of State move-I have just the Realtor for you!   Wendi-Mae is not only here to serve you in her Tri-County Area of El Dorado/Placer and Sacramento! Are You, or someone you know-planning a future move to Texas? Tennessee? Maybe Washington, Oregon, Idaho, Florida or??? Wendi-Mae can refer a Top Realtor to you-in ANY city of ANY State! This is a Real Relocation benefit for you- If planning a move, You will be referred to, not just any Realtor-We are in the Top 2% Nationwide- My team will be happy to share Our People with YOU!!! 916-616-0874 or text the word KEYS to 21000 for my virtual business card-All the links are live-and you can download it all-right to your phone! Let us know where you are heading-We are a "One Stop Shop!" Make it a great day!     ...
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By Wendi-Mae Davis, CREN, CRS, GRI, SRES, Broker Associate, Counselor
(Future Homes & Real Estate)
YES!!!  A 40 Year Home Loan May Be Just What YOU Need?!! Ginnie Mae is set to introduce a new 40-year mortgage term for its issuers on the heels of administrative shake ups at the top of the housing industry.Only modified loans with terms greater than 361 months and less than or equal to 480 months will be accepted, but there will be no loan amount restriction, Ginnie Mae said. The mortgage-bond giant said it expects the new pool to be available in October.The pool must also be authorized by the Federal Housing Agency and other agencies whose programs are the basis for loans through Ginnie Mae, said Michael Drayne, Ginnie Mae acting executive vice president, in a press release.“We have begun the work to make this security product available, because an extended term up to 40 years can be...
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By Wendi-Mae Davis, CREN, CRS, GRI, SRES, Broker Associate, Counselor
(Future Homes & Real Estate)
HERE'S SOMETHING YOU NEED TO KNOW ABOUT INSURANCE!!   PROPERTY INSURANCE, OTHERWISE KNOWN AS, HAZARD INSURANCE... It is with great pleasure~that I have this opportunity to share this, with you all~   My #1 Go-To Gal for Home Owners/Hazard Insurance. You may think you have great coverage-Let me just say-it doesn't cost to make sure you ARE getting the best coverage-AND make sure you aren't over paying for it! The value of our homes in most of EDC have gone up as much as 35% in the last 18 months. The replacement cost for you home-also has increased... Denise Triplett, is so passionate about helping Others~She works tirelessly to find the right company and policy for each and every person she serves. I have been a Realtor for 33 years, i have worked with my insurance Brokers-Miss Triplet...
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
Inventory in El Dorado Hills has been slowly dropping over the last few years but what's new for all of us is the demand that has risen since the COVID shut down in March 2020. Here is a look at our market stats for January 2021. I send these out to my clients here in El Dorado Hills every month.  When I send them out, I also break them down by price range as it does vary. If you would like to be on my list to receive them, email me at driley@golyon.com. A few more things to note:* If you are interested in your home value, I am here to help and can easily do a property review for you.*If you are thinking about making a move, call me and let's look at your options.*Interest rates are below 3% so if you have a rate 3.75% or above you should talk to your lender and see if re-financing make...
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By Wendi-Mae Davis, CREN, CRS, GRI, SRES, Broker Associate, Counselor
(Future Homes & Real Estate)
Time to help the homeless children of our County again!  Never too early for Spring cleaning~when it benefits the Homeless and/or less fortunate people in our fine County of El Dorado~Listen in...https://photos.app.goo.gl/q81J3UB8dwY6JibM6Covid friendly pick-up-just leave out front and provide me your address-I'll come get your donation, and provide a receipt for the good ol' IRS if needed, as well.  916-616-0874.  oR IF YOU PREFER TO DROP OFF-I will provide you with an address closest to you...Here to serve, and to give back~
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By DeeDee Riley, Realtor - El Dorado Hills & the Surrounding Areas
(Lyon Real Estate - El Dorado Hills CA)
It was a heck of a year for real estate across the country especially with the uncertainty of the shut down in March. Things slowed for a few weeks but came back with a fury. The 2020 Real Estate Market for El Dorado Hills ended with 61% fewer homes for sale and the average home selling price up over 30% compared to December 2019. Here is a look at our year end stats and what was selling in El Dorado Hills in December 2020  with the high and low home sales along with sales statistics for the month and a look back at 2019.  Keep in mind that numbers and statistics used here reflect MLS sales only. Very few of the new construction homes come through the MLS.  As long as our total inventory remains low, I believe our home prices will continue to rise in 2021. Our demand far exceeds our sup...
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By Wendi-Mae Davis, CREN, CRS, GRI, SRES, Broker Associate, Counselor
(Future Homes & Real Estate)
PROP 19-THE NEW PROP 90? CHECK THIS OUT!   Prop 19 may work for you!! The new Prop 90? Even better!   Is for Veterans, the disabled, Victims of wild fires or other natural disasters...not just Retirees! Transfer your tax base-under Prop 13, and save!!   https://photos.app.goo.gl/WgZyPSxFdM6pSHEJA   I KNOW ALL THE IN'S AND OUT'S OF THIS PROPOSITION-SO LET'S TALK!   I WISH TO BE YOUR PROP 19 REAL ESTATE COUNSELOR! 32 YEAR VETERAN IN THE BUSINESS, WHAT I DON'T KNOW-I CAN GET THE ANSWER TO!   :)   HERE TO SERVE...    
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By Wendi-Mae Davis, CREN, CRS, GRI, SRES, Broker Associate, Counselor
(Future Homes & Real Estate)
 BUY OR SELL A HOME AND RECEIVE…$500.00 to $1000.00 incentive!!We want to make the process just that much easier...call or message me today for how to get these incentives!Interest Rates in the 2% range...UNBELIEVABLE!!!  And 3% down loans are back! More You need to know~read on!There just is not a good reason to not get into this market! And I know this as 32 year Veteran of the business...I've seen it all-and want YOU to “be in the know”~For those of You, even if You bought just a couple years ago-Your home values have increased possibly, as much as-or even more than 20%-Depending on where you are, in our Fine County...Make sure You check your homeowners policy-And the replacement Values that you have~With the cost of Homes AND the cost for materials, having increased in upwards of 30...
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