SALES OF EXISTING HOMES INCREASED 83.2 PERCENT IN NOVEMBER Home sales increased 83.2 percent in November in California compared with the same period a year ago, while the median price of an existing home fell 41.8 percent, according to the latest housing report from C.A.R. The median price of an existing, single-family detached home in California during November 2008 was $285,680, a 41.8 percent decrease from the revised $490,511 median for November 2007, C.A.R. reported.
December sales dropped lower than November. This could be due to the Holiday Season, and also all the bad press about the automakers needing bail-outs. People tend to sit on the fence and wait and see when negativity is in the air. We are looking for January sales to pick up where November left off.
Penn Valley is my home. If you are a seller, you need my experience and expertise as your negotiator and advertising specialist, along with my know-how and thoroughness to help you achieve your goals. Whether you are selling or buying property in this magnificent Gold Country, give me a call today at (530) 432-8444 for your Private Cosultation.
Foreclosures and "short sales" are accounting for about a third of home sale transactions in Penn Valley. Here, there is an "Average" SOLD Price of $525,632 (reflecting 95.90% of original asking price which takes 150 days on market) The average Median SALE PRICE for SFR was $455,000. There are 53 single family homes (many with acreage) offered for sale in Penn Valley with an "Average" asking price of $611,356. while the current MEDIAN Asking price is $549,000.
The average sold price in LWW was $501,105 (reflecting 95.37% of original asking price which took 138 days on market). Today, there are 113 single family homes offered for sale with an average "asking price" of $572,241 while the current MEDIAN Active price is $425,000. in Lake Wildwood. While the "Average" sold price was higher, the MEDIAN SALE PRICE was $439,000.
Buyers...It's time to buy that Country Property you have always dreamed about. I live in Penn Valley and can find you a great deal with the current pricing of homes & interest rates still being very favorable. This is a very good time to buy... so hurry, before prices go up. If you are curios about foreclosures and want to buy one the correct way, then contact me now!
BUY-SELL-FINANCE ~~ Call me and I will " HOPP-2-it "
Bring your horses; Penn Valley is the ultimate horse community where you can have a small working ranch. Or, simply choose a peaceful mountain retreat. In Penn Valley, living in town feels rural. Choose your home on secluded acreage perched high with awesome canyons and distal Views or go for the feeling of shelter from these modern times by sleeping under the canopy of your own lush Pines in a custom built home while you listen to the babbling creeks splash by.
ZIP Codes: 95946, 95975, 95977 Approximate Location Boundaries: THIS IS GOD'S COUNTRY ABOVE THE FOG & BELOW THE SNOW... Approximate Location Boundaries: Hwy 20 runs through the center of Penn Valley/ The town of Penn Valley is vast for the small population. Nevada City borders the Northern Boundery, while Grass Valley borders the South Boundery and the Southwest border of Penn Valley. To the west of Penn Valley is Smartville, a very small rural town which is often considered the Penn Valley area. On the west side of Penn Valley is another small town called Rough and Ready, which is often considered the Penn Valley area as well. Traveling west about 27 miles on Hwy 20 you will be in Marysville & Yuba City. Auburn is 20 miles, using Hwy 20 East, then turn south on Hwy 49 the remainder, Easily commute to Roseville ... it is a total of 48 miles from Penn Valley; time-wise can take between 45 minutes ~ 60 minutes depending on the traffic hour.
Location Characteristics: This is country living at its best, literally. Tall pines and Magnificient Oaks are the local scene. Wildlife flourishes here, including the Coyotes howling on a hot summer night. A fabulous town park includes a swimming hole and a creek where little ones can wade through ankle deep cool water in the hot summer months. There are dozens of barbecue pits and picnic tables. My Grandkids love all the playground equipment, too. Several baseball fields are available, so multiple games can be going at the same time, plus another area for Soccer.
Penn Valley's population is approxiamately 6,500 while about half are living in the majestic Lake Wildwood gated community. Lake Wildwood orignally started as a vacation area, but now people are choosing to live there year-round to enjoy the huge manmade lake with miles and miles of shoreline. This golf-course community has lots to do with tennis courts, several community swimming pools, waterskiing on your own lake (unless you prefer to canoe). The average lot size is 1/3 acre. Wild turkeys and local deer are local residents, too. Lake Wildwood even has it's own elementary school within the gated community. You feel like you are living in the Mountains, yet you are in a secure gated community.
The original homes of Penn Valley have lots of land... even the mobile home park has a very open country feeling. Many single family homes in downtown Penn Valley have approximately 1-acre, and horses are allowed in town. The more rural residents have from 5 to 20 acres for each home. This is a true horse lovers community. There are two gas stations and several small business shops in the quaint downtown shopping center. The Pleasant Valley area near Lake Wildwood has even more shopping centers to choose from. Grass Valley is just up the road about 9 miles away with plenty of shopping and old-towne charm. Nevada City is adjacent and has dozens of award winning Restaurants while the town is still set in an atmosphere of the 49er days. How appropriate that Hwy 49 should run through this Gorgeous Grass Valley Area.
The Local Characteristics are in the 21st Century with modern conveniences, yet this is an area rich in historic gold rush charm and the Old West hospitality. The fire department hosts the Penn Valley Rodeo every April. Penn Valley began as a stage and freight wagon stop on the route between Sacramento and the northern gold country and silver mines of Nevada. The area remains rural, with cattle ranches and vineyards dotting the landscape. The tiny village of Rough & Ready, seven miles west of Grass Valley, is a state historic landmark that once seceded from the United States. Local folks rebelled against a government-imposed mining tax and on Apr. 7, 1850 voted to form their own constitutional republic. However, The Great Republic of Rough & Ready lasted only until the Fourth of July when Old Glory went up the flagpole and the whole episode became history. But it was not forgotten. Each year on the last Sunday in June, Rough & Ready hosts a unique and fun-filled Secession Day Celebration.
This is God's Country and Nevada County is highly desired when you are relocating. Since 2000, property values had increased dramatically and appreciation had continued through Dec. 2005, because home prices are significantly lower than homes in the SF Bay Area or Southern California. Prices today have dropped like the rest of the Country, and are now back down to 2004 pricing. My daughter moved to Penn Valley in 2000, and I followed her to be close to my grandkids and this fabulous mountain community.
Just like the wildlife abundance here, so is the selection of styles to fit every taste. Choose a Victorian, a bungalow, a farm house or a modern custom built home. Live in a golf community on a fabulous lake within rolling mountainous terrain or choose your quiet retreat perched on a mountain. Bring your horses to your very own ranch... this is Penn Valley where living in town feels rural.
About Ginger Hopp:
I am a Certified Foreclosure Specialist, with the prestigious designation of " C.F.S.". If you are a distressed home seller trying to avoid foreclosure, I will market your house to sell it quickly for you, no matter how upside down you are. I want to help you save your credit from foreclosure, and then when you are ready, I can help you buy another home. So, if you truly want to avoid foreclosure, I am trained to properly “Package” your deal in a way that makes the lender say YES without lolly-gagging around. I have heard all the horror stories out there about the lenders not moving quickly enough, but it's not because they don't want to, it most likely was caused by the listing agent not knowing what the lender's need with the offer. I offer my services to Listing agents and Buyer's agents at no cost, the lender is happy to pay me for my services. If you are my Buyer, you already have the best agent with the knowledge of how to approach the lender. If you have chosen a property listed by another agent, I will help that agent package the short sale deal correctly at no charge. I really want to be a part of the solution to this crazy market, by allowing the process to proceed more quickly than it would otherwise. If you need to sell your property, but owe more than the market price, I am offering a Free Consultation to YOU, in which I will explain to you how the new Debt Relief Act of 2007 and 2008 can help you personally. So, if you are truly a distressed home seller and qualify for a Short Sale (and the banks will need to pre-approve you for it)... be smart, and hire me to list your property. I will NOT CHARG ANY REAL ESTATE FEES for listing your house with me when you are upside down and owe more than the market will bear. CALL NOW for your personal consultation.
I am also helping distressed borrowers save their credit and avoid foreclosure by offering my Services in Loan Modification for a small fee. A "Loan Modification" lowers your payment when I negotiate on your behalf for a lower interest rate, or change in loan terms. I know several different strategies which help distressed borrowers AVOID foreclosure and keep their home with a new lower payment. If you want to stay in your home, a loan modification can be a permanent solution to your situation. Some of you may be behind on your payments or simply struggling to make your payments because you have experienced a genuine hardship recently. Call me and I can analyze your situation and recommend the best plan for you. Loan modification is nearly always smarter than going bankrupt. When you cannot refinance because your house no longer has equity due to this declining market, loan modifiction is for you. I am offering a FREE CONSULTATION, so it costs you nothing to find out... just give me a call for your private Consultation, but give me a call today... time is of essence.
"I believe there is no greater reward than a satisfied client and I am committed to offering my clients sound professional advice so they can feel confident that they have made the right decision. I promise to act in your best interest and to disclose and advise you, not persuade you. The final decision will be yours to make without any undue pressure from me. In conclusion, I am working for you."
"You can rely upon my follow through with professional guidance and the protection of my contract expertise and shrewd advice. My skillful marketing and gifted negotiations comes with heart-felt communication. You will be tranquil, yet optimistic, with the peace of mind you deserve.
"I guarantee my services in writing when you enlist my services for buying, selling or financing real estate. Your complete satisfaction is my mission. Once you have asked me to help you find your Dream Home, I will listen carefully to your needs, ideas and goals. I will then use your wish list and my knowledge of the area and all its many nuances to help you find the perfect home. My starting point is in understanding that your home will represent much more than a roof over your head, but rather a place to call home."
OUTSHINE THE COMPETITION If you are a Home Seller, I can keep you on track and also help you find and then finance your new home as well. As your Listing agent, I will price your home effectively from DAY-ONE, so you will receive the highest value more quickly. I won't over-price your property just to get the Listing... and then have to convince you later to lower the price to the correct market value.
I am a "Certified Foreclosure Specialist" (CFS) and that means you can count on sound advise regarding the difference between Short-Sale Packaging and regular Listing Agents. If you are having difficulty making your mortgage payment, tried to refinance but couldn't get the appraisal you expected, or recently lost a portion of your normal wages, then contact me IMMEDIATELY to see if you Qualify for a "Loan Modification" where I negotiate with your current lender on your behalf to lower your monthly payment by lowering your interest rate and sometimes the loan amount or the term length of your loan. It could mean of difference of staying in your home or losing it to foreclosure. Don't give up if you have lost your job, I can at least save you from Foreclosure and thereby save your credit. When you are back on your feet, I will help you buy your next home. I want to be your Realtor for Life. If you are distressed, pick up the phone and Call right now, day or night. 707-790-0022
You will be drawing upon my direct marketing experience in advertising from hands-on experience working with small business owners prior to selling Real Estate. I was an Advertising Expert for many years then and these Skills are yours automatically when you hire me to SELL your property. I can provide you with more benefits than your competition which you will need in today's competitive Real Estate climate. As if that doesn't clentch it, you get an added bonus . . . you get a Loan Officer who can pre-qualify your potential buyers as well. For more information on my loan services, VISIT http://www.LoansRwe.biz
I will gladly give you effective ideas for making your property more saleable. It's a Buyer's Market and it pays to make specific improvement decisions that will increase the actual value of your real estate - not just about design and decor. Consult with Team-Hopp and we can guide you with these valuable decisions. If you are Thinking of selling your property, think smart and call (866) 790-0022 to set up your Private Consultation.
Buyers, you can be pre-qualified by the Loans-R-we TEAM. No wasting YOUR VALUABLE TIME looking at the wrong priced homes. Loans-R-we will tailor your funds specifically to your unique needs in order to get your dream home. For your Private Consultation, Contact Ginger Hopp today, then start packing!
Selling and Buying real estate can be a pleasant experience when you have a multi-faceted Professional working with you.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
