1690 Cupar CT Is Now For Sale

Folsom Properties For Sale | By Folsom Realtors

Spectacular design fused with outstanding views, this one-of-a-kind modern masterpiece stands alone.  Folding window walls, radiant heat flrs, top of the line appliances, hardware and finishes are found throughout this 4 bedroom home with a spacious bonus room, a 1st level master suite with the ultimate delux bath, multiple patios, a reflecting pool, a swimming pool with water and fire features, an outdoor kitchen and views that will take your breath away.  Pictures do not do this home justice!

Beds	4 bed	Baths	5 bath
House Size	4284 sq ft	Lot Size	0.33              Acres
Price	$1,099,000	Price/sqft	$257
Property Type	Single Family Home	Year Built	2005
Neighborhood	Hillcrest	Style	Contemporary
Stories	2	Garage	Not Available
Property Features	Status: Active                 County: Sacramento Area:  Folsom & Vicinity Subdivision:  Hillcrest 3 total full bath(s) 2 total half bath(s) 2 stories Family room Lot features:  Shape Regular, View Special Zoning:  Res School District:  Sacramento Swimming pool(s) Fireplace(s) Dining room Laundry room Hardwood floors HOA Payment Schedule: Monthly HOA Dues: 78 Construction: Frame Equipment: Cable Tv Installed, Central Vacuum, H/S Internet Avail Improvements: Curbs/Gutters Pool Location: On Lot Priv Assn Amenities: Park HOA: Yes Air: Central, Multiunits, Multizone Lot Square Footage: 14375 HOA Dues Include: Assn Mgmt, Common Areas, Road # of Garage Spaces: 3 Sewer: In & Connected CC and Rs: Yes Features Misc: Bbq Built-In, Deck Covered, Deck Uncovered, Outdoor Kitchen, Spa/Hot Tub Personal School 3: Senior High / Folsom-Cordova Pool: Yes, Gunite Construction, Water Solar Heated School 1: Elementary / Folsom-Cordova School 2: Junior High / Folsom-Cordova Room Description: Bonus Room, Downstairs Bedroom, Home Office Room, Master Suite, Separate Family Room Sub Type: Planned Unit Develop, Custom Baths Other: Outside Access, Sauna, Tile, Tub w/Shower Over Site Location: Cul-De-Sac, Gated Community, Snow Line Below Master Bath: Closet Walk-In 2+, Shower Stall(s), Stone, Tile, Tub Jetted Master Bedroom: Closet Walk-In, Ground Floor, Outside Access, Sitting Area, Surround Sound Dining Description: Breakfast Nook, Formal Room, Space In Kitchen Laundry Description: 220 Volt Hook-Up, Cabinets, Gas Hook-Up, Inside Room, Sink Area Number: 10630 Lot Size: 0.330 Year Built: 2005 Cooling Garage: 3 Car Attached Parcel #: 072-2280-037-0000 Cross Street Address: Lake Vista Way Square Footage Source: Assessor/Auto-Fill Landscape: Fenced Back, Sprinkler Auto F&R Road Description: Paved, Private Map Book: Thomas Bros. (PL,SA)
Fireplace Features	3 Fireplace(s), Double Sided, Family Room, Gas Log, Living Room, Master Suite
Heating Features	Central, Radiant Floor
Exterior Construction	Stone, Stucco, Concrete Slab
Roofing	Tile
Interior Features	Appl: Cook Top Gas, Dishwasher, Disposal, Freezer B/I, Oven Double, Oven Self/Cont Clean, Refrigerator B/I, Warming Drawer, Wine Refrigerator, Floor: Carpet, Tile, Wood, Energy: Dual Pane Full, Util: 220 Volts, All Public, Natural Gas, Water: Public District

Folsom Properties For Sale | By Folsom Realtors

Folsom Properties For Sale | By Folsom Realtors

Folsom Properties For Sale | By Folsom Realtors

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Do you have specific questions about any homes in Folsom in El Dorado Hills on the Sacramento real estate market? Contact Alvin Newton and the Newton3 team by email (FolsomProperties@gmail.com ), phone (916-941-5798), or on Facebook with your questions or to set up a viewing appointment. Our team can provide customized services, help you navigate the Folsom MLS and set up a customized email-based home search for you to track a specific  Folsom Home, El Dorado Hills Home, and other Sacramento properties at your leisure. Thank you for visiting the Folsom Real Estate blog and we look forward to serving you and your real estate needs.

Stars Are Aligning for Housing Recovery

Folsom Real Estate / By Folsom Realtors

Pending home sales reached their highest level in January in nearly two years, according to NAR’s report this week, rounding out a handful of positive news for housing markets in the last week or two.
 
Pending sales trending upward is an interesting trend to watch considering the recent rise in cancelled contracts. I say this because pending sales at least gives us an indicator of buyer sentiment since many of the failed contracts seem to be due to things that are out of buyers’ control like not securing financing needed to purchase the home or the appraisal coming in below the contract price. With a rise in pending sales, we at least know that buyer intent is on the rise and more folks are trying to buy homes.
 
NAR’s pending home sales index was up 2% to 97 in January from 95 in December, and is 8% higher than January 2011. The January index is the highest since April 2010, when it reached 111.3 as buyers were in a mad dash to take advantage of the home buyer tax credit.
 
Other positive happenings for housing:
 
Improving job market: In January, unemployment hit its lowest level in three years, continuing a five-month streak of improvement. Without jobs, people don’t buy or move so this obviously is a good thing.
 
Home builders are gaining confidence: Home builder sentiment, tracked by the National Association of Home Builders and Wells Fargo, in February reached its highest level in nearly five years. This basically means that home builders are more confident that market conditions are improving to the point that new home sales will be positively impacted.
 
Housing stocks are up: The stock market is a far-from-perfect indicator, but it at least gives a reading of how investors are feeling. The nation’s home builder companies have seen share prices increase 60% since October, according to ananalysis on Time’s website.

Overall, 2012 is looking to be a great year for housing compared to the last five or six. The presidential election likely will also ward off any major controversial policies that could negatively impact the market. With all this in mind, I think we’re looking at our big comeback year. It will be particularly good for certain segments of our local markets and marginally improved at the national level. Not a boom by any means, but we’ll take it!

Do you have specific questions about any homes in Folsom in El Dorado Hills on the Sacramento real estate market? Contact Alvin Newton and the Newton3 team by email (FolsomProperties@gmail.com ), phone (916-941-5798), or on Facebook with your questions or to set up a viewing appointment. Our team can provide customized services, help you navigate the Folsom MLS and set up a customized email-based home search for you to track a specific  Folsom Home, El Dorado Hills Home, and other Sacramento properties at your leisure. Thank you for visiting the Folsom Real Estate blog and we look forward to serving you and your real estate needs.

Housing Crisis to End in 2012 as Banks Loosen Credit Standards

Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit.

The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher than scores required prior to the crisis, it is constant with requirements one year ago.

Additionally, a Fed Senior Loan Officer Survey found credit requirements in the fourth quarter were consistent with the past three quarters.

However, other market indicators point not just to a stabilization of mortgage lending standards, but also a loosening of credit availability.

Banks are now lending amounts up to 3.5 times borrower earnings. This is up from a low during the crisis of 3.2 times borrower earnings.

Banks are also loosening loan-to-value ratios (LTV), which Capital Economics denotes “the clearest sign yet of an improvement in mortgage credit conditions.”

In contrast to a low of 74 percent reached in mid-2010, banks are now lending at 82 percent LTV.

While credit conditions may have loosened slightly, some potential homebuyers are still struggling with credit requirements. In fact, Capital Economics points out that in November 8 percent of contract cancellations were the result of a potential buyer not qualifying for a loan.

Additionally, Capital Economics says “any improvement in credit conditions won’t be significant enough to generation actual house price gains,” and potential ramifications from the euro-zone pose a threat to future credit availability.

Do you have specific questions about any homes in Folsom in El Dorado Hills on the Sacramento real estate market? Contact Alvin Newton and the Newton3 team by email (FolsomProperties@gmail.com ), phone (916-941-5798), or on Facebook with your questions or to set up a viewing appointment. Our team can provide customized services, help you navigate the Folsom MLS and set up a customized email-based home search for you to track a specific  Folsom Home, El Dorado Hills Home, and other Sacramento properties at your leisure. Thank you for visiting the Folsom Real Estate blog and we look forward to serving you and your real estate needs.

Are You Selling a House With a Dated Kitchen?

You have a dated kitchen and you need to fix it up in order to sell your home, but you find yourself short of the typical $30-40K for a full upgrade.  What do you do?

My experience as a Realtor has shown there are three important areas of the kitchen that are important to home buyers – appliances, counter tops and cabinets.  Replacing old appliances with new working ones makes a huge difference to a buyer.  The buyer doesn’t have to worry about the appliances not working, or having to shell out money immediately to make them functional. There are plenty of places to purchase these cheaply, from appliance outlet centers to the big box retailers.

BEFORE:

Folsom Homes By Folsom Realtors

Now on to the fun stuff – counter tops and cabinets.  In this picture (right), the appliances were fairly new, but the counter tops and cabinets were decidedly not.  It seems as though each are fighting for attention.

This was a property that my client had been renting for some time and now was looking to sell.  The fact that the appliances are fairly new gets lost with the dated cabinets and countertop. Plus the refrigerator had a slight lean towards the back wall, which made the room seem unbalanced.   Lots of chaos!

I advised my client to tackle the large visual elephant in the room – the cabinets.  I suggested painting all of the cabinets and the walls the same color — white — to brighten the room and melt the cabinets into the walls, making the kitchen feel larger. And of course, have the refrigerator straightened up. She had both things done and this was the final result…

AFTER:

Folsom Homes By Folsom Realtors

Look at that! The cabinets and countertops are now playing nice! Notice that the countertops and floors were NOT changed but each becomes less of issue with the cabinets painted.

Sure, the floors could have been updated with self-adhesive vinyl floor tiles but remember – tight budget!  It seemed to work, as the client received 3 offers on the house after the first open house weekend and the house sold quickly thereafter.

As in most kitchens, the cabinets take up the most visual attention in the room so don’t be afraid to address them! You can paint them, update the hardware or even replace cheaply with standard sized cabinets, from  discount cabinetmakers.  If you have the funds to update the countertops with laminate from local hardware store, do it. Just don’t ignore your kitchen, it could easily block your sale more than you know!

Folsom Homes By Folsom Realtors

Do you have specific questions about any homes in Folsom in El Dorado Hills on the Sacramento real estate market? Contact Alvin Newton and the Newton3 team by email (FolsomProperties@gmail.com ), phone (916-941-5798), or on Facebook with your questions or to set up a viewing appointment. Our team can provide customized services, help you navigate the Folsom MLS and set up a customized email-based home search for you to track a specific  Folsom Home, El Dorado Hills Home, and other Sacramento properties at your leisure. Thank you for visiting the Folsom Real Estate blog and we look forward to serving you and your real estate needs.

Empire Ranch Real Estate Update 2012

Empire Ranch Homes / By Empire Ranch Realtors

The median sales price for homes in Empire Ranch Village for Oct 11 to Dec 11 was $680,000. This represents an increase of 65.9%, or $270,000, compared to the prior quarter and a decrease of 20% compared to the prior year. Sales prices have depreciated 26.5% over the last 5 years in Empire Ranch Village, Folsom. The median sales price of $680,000 for Empire Ranch Village is 142.86% higher than the median sales price for Folsom CA. Average listing price for homes  in Empire Ranch Village was $552,186 for the week ending Jan 25, which represents a decline of 1.6%, or $8,764 compared to the prior week and a decline of 1.5%, or $8,414, compared to the week ending Jan 04. Average price per square foot for homes in Empire Ranch Village was $189 in the most recent quarter, which is 23.53% higher than the average price per square foot for homes in Folsom.

Do you have specific questions about any homes in Folsom in El Dorado Hills on the Sacramento real estate market? Contact Alvin Newton and the Newton3 team by email (FolsomProperties@gmail.com ), phone (916-941-5798), or on Facebook with your questions or to set up a viewing appointment. Our team can provide customized services, help you navigate the Folsom MLS and set up a customized email-based home search for you to track a specific  Folsom Home, El Dorado Hills Home, and other Sacramento properties at your leisure. Thank you for visiting the Folsom Real Estate blog and we look forward to serving you and your real estate needs.