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Why home buyers will likely return to market in ‘15

Why home buyers will likely return to market in ‘15

2014 President, Central Valley Association of Realtors

Job growth has improved throughout California and the state’s housing market looks bright for 2015. To be a successful player in the next year’s home buyer market, it’s essential to understand what indicators and trends will push market gains, and one real estate statistic has Central Valley professionals enthusiastic about the New Year... Read More

Ed Short Appointed Chief Building Official

Ed Short Appointed Chief Building Official

The Yolo County Department of Planning & Public Works recently welcomed Ed Short as the county’s new chief building official.  Most recently, Mr. Short worked as a consultant to the City of Stockton’s Community Development Department.

Prior to his work for the City of Stockton, Mr. Short was a principle/supervising engineer and interim chief building official for the City of Sacramento, a code compliance manager/building official for  Bureau Veritas/Berryman and Hennigar and a building official/public works director for Pacific Municipal Consultants.  Mr. Short has also held engineering positions with the County of Sacramento.

Mr. Short received his bachelors of science in civil/structural engineering from the University of California, Davis.  He is a licensed professional engineer, a credentialed building official and a certified flood manager.

Request for Ideas for Future Uses of the Yolo County Courthouse

Yolo County has issued a Request for Ideas in an effort to solicit creative input regarding the future use of the Yolo County Courthouse.  When the Yolo Superior Court completes the construction of their new facility in 2015, the existing building and property will revert to the county for its use upon the court’s departure.  The Board of Supervisors recognizes this as an opportunity to consider alternative and innovative approaches to the reuse of the facility. 

Building Inspection Division High Rating Results in Lower Insurance Rates

This summer, the Building Inspection Services Division of the Yolo County Planning & Public Works Department was surveyed by the Insurance Service Office (ISO) Building Code Effectiveness Grading Schedule.  The survey resulted in a Building Code Effectiveness Grading Classification of 2 – a high rating – for its commercial and residential properties codes and inspections. 

Where's the Relief?

Where's the Relief?

By now, we’ve all heard the news, “CA and NY have joined the multi-state mortgage settlement.” As a real estate and mortgage professional, I did (legal) loan modifications for nearly four years and I can assure you, California joining this lawsuit will do little to help California home owners struggling to keep their homes.  

Let’s look at the facts, the most important one being that CA has six out of the top ten cities in the nation hardest hit by declining home values (Modesto (4), Merced (5), Stockton (7), Riverside (8), Bakersfield (9), and Vallejo/Fairfield (10), with many of them 30-50% underwater.

The bottom line is this, a $20,000 principal forgiveness is not nearly enough to help balance out the numbers from underwater to break-even.

Free real estate mobile app launched

Cheri Elliott, one of America’s most legendary cyclist and locally well known as “The Broker on a Bike,” announced the launch of her free real estate mobile app.

The app uses GPS, when available, to locate the user and instantly display real estate listings in the immediate area. No more having to pull flyers.  You can see and save all the listings details and photos on the spot. Users can also search by address, city or zip code to see property details for all homes for sale in a specified area, including price, square footage, estimated mortgage, taxes, features, maps, pictures and more. The “Refine Search” feature lets users select a price range, property type and the number of beds and baths to help them find just what they’re looking for. 

It works on standard cell phones, smartphones, and iPhones/iPads across all mobile carriers.   Cheri explains, “This tool is extremely powerful.