Home Source, Friday, April 26, 2024

Years ago I owned a large Coldwell Banker agency in Southern California. Once a month I would travel to our branch o ces and conduct an o ce meeting where I would update agents and managers regarding current market conditions and issues concerning the real estate business. Those days are in the past but there continue to be important real estate issues that a ect nearly everyone. If I were conducting an o ce meeting today this is how it would go:

Ladies and gentlemen, thank you for attending this morning. I know your time is important so I will be brief.

Regarding the commission issues. As you know, the settlement agreement with the National Association of Realtors will not allow our multiple listing service to publish the percentage of commission we are willing to pay to a cooperating buyer’s agent. It does not, however,

Invitation to my o ce for this important meeting

prevent sellers from paying a commission to a buyer’s agent and it does not preclude us from paying a portion of our commission to a buyer’s agent.

Our policy will remain the same. Our commission for most residential is 5%. Of that we will pay 2.5% to an agent who procures a buyer. Although the MLS will not publish our 2.5% o ering, we will include that information on our company’s website and will provide that information upon request. We believe this policy of cooperating and sharing our commissions will attract more agents showing our listings and our sellers will receive a higher price in a shorter time.

us. Recently, Fannie Mae and Freddie Mac announced they will allow sellers to pay a buyer’s agent directly or as a pass though as a seller’s credit to buyers. According to a memo we received from the government sponsored enterprise, “Buyer agent fees have historically been fees customarily paid by the property seller’s real estate agent. Moving forward, these fees will not be subject to nancing concession limits. This allows sellers to pay what amount they choses to pay the buyer’s agent.”

Hills and Cameron Park; they are getting canceled and are being forced into the FAIR Plan. This is only going to get worse. Last month we lost ve deals because buyers could not get insurance or the premium was so high they couldn’t qualify for the mortgage.

When working with buyers we need to have a discussion with them about insurance before they make an o er on a home. You would not wait until escrow is opened to have your buyers pre-approved for a mortgage. Don’t wait until escrow is open and have your buyers surprised with insurance costs. That’s how we lose deals.

When representing buyers, they have a choice. They can pay you directly or in their o ers we can request the seller pay

OK, moving on. Those of you who work in property management and residential investments need to make your clients aware that another rent control measure will be on November’s ballot. This allows local governments to place whatever restrictions they think are appropriate on the amount of rent a landlord can collect. CAR has studied this issue and determined, if passed, it would lower property values and discourage building new multi-family units.

When mortgage rates went over 7%, we experienced some buyer resistance. Our research shows there are a large number of potential rst-time buyers who have been sitting on the sidelines waiting for interest rates to go down. Tell you clients mortgage rates are not going down. The chairman of the Federal Reserve made a recent announcement that in ation was too high for considering lowering rates. There is a greater chance of rates going up than down. We need to do a better job assuring our clients that despite mortgage rates, a buying decision today will ensure their nancial future tomorrow.

The insurance debacle continues to get worse. A few years ago, insurance cancellations and huge premium increases only a ected rural properties. We are now hearing from clients in El Dorado

When working with sellers of rural properties they need to know rural property values are in trouble. If their home hasn’t had an o er, they need to reduce their price before the market declines further. Last month the county’s median selling price for rural homes on acreage was $559,000 or $300 a square foot. Homes not on acreage sold for $690,000 or $334 a square foot. There are several reasons rural properties are in trouble and insurance is a big one.

We all need to prepare buyers that the county is about to pass a new defensible space ordinance. This will also increase the costs of maintenance of rural homes.

Despite current challenges, the overall market continues to improve. Sales, listings and prices are up over last year. The county’s year-to-date median selling price is $659,000. Last year at this time it was $611,000. Half the listings sold this year are selling in 30 days at 100% of their listed price. My congratulations to you who have already made your sales goals for last quarter. Let’s keep the momentum going. Remember, homeownership is the path to nancial security and you are the path nders. Take care of your clients and be thankful we live and work in such a great place.

Ken Calhoon is a real estate broker in El Dorado County. He can be reached for questions and comments at ken@kencalhoon. com.

“Wallpaper?”

“Yes. Wallpaper,” the designer said.

“I haven’t put wallpaper in a home in 15 years.”

“Where have you been? Wallpaper is huge.”

Then I started noticing. He was right.

Acouple months ago I got the bug to refresh and update my dining room. I was not being rash. The furniture dates back to the 1990s.

You know, before women could vote. So, I asked Los Angeles designer Christopher Grubb, whom I’ve known for years, to provide consultation. That is, I would send him photos. He would provide decorating direction. I would do the legwork. This arrangement saved us both hours of indigestion. Technically, an alcove

wallpaper the back feature wall and the ceiling with a rich, medium-blue grasscloth to distinguish the dining area from the entry.

Wallpaper comeback —

not a room, as it only has two walls, the dining room is located directly o the entryway. Because it’s the rst room you see when you come in the front door, I want it to shine. Grubb gave me a to-do list: add a pair of long mirrors, put black lampshades on the chandelier, get new chairs (but keep the table) and

I requested six wallpaper samples, lived with them for a few days, chose one, and ordered eight rolls. I then hired my handyman to prepare the wall and ceiling, which meant lling in the textured surfaces to make them smooth as baby skin.

“Wallpaper is really hot now,” my handyman told me as he got to work. “I’m oating walls in homes once a week. Not long ago, I could go for months without a request.”

Wallpaper installer Catie Skelton, who with her brother Tim Skelton, runs

Marni Jameson

Photo courtesy of Marni Jameson

e largest Real Estate publication in the El Dorado County market.

PUBLISHER

Richard B. Esposito

ADVERTISING DIRECTOR

Ian Balentine

REAL ESTATE

ADVERTISING SPECIALIST

Wes Edwards

HOMESOURCE EDITOR

Krysten Kellum

CONTRIBUTING WRITERS

Ken Calhoon

Marni Jameson

GRAPHICS MANAGER

Letty Bejarano-Carvajal

For Advertising: call 530.344.5059 or 916.502.0387

For Real Estate News: Click on the real estate navigation bar at mtdemocrat. com to submit your local Real Estate news.

A publication of Mountain Democrat

2889 Ray Lawyer Drive

Placerville, CA 95667 (530) 622-1255

have been

reliable. However, neither Home Source, Mt Democrat or McNaugthon Media /Publishing nor its authors guarantees the accuracy or completeness of any information published herein. Home Source, Mt Democrat or McNaugthon Media nor its authors shall be responsible for any errors, omissions, or claims for damages, including exemplary damages, arising out of use, inability to use, or with regard to the accuracy or su ciency of the information contained in Home Source, and are held harmless and does not accept responsibility for any accident or injury resulting from the use of materials contained herein. All rights reserved. No part of Home Source published work may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without written permission from the publisher.

Continued from 3

Element Wallcoverings, of Orlando, said, “Wallpaper used to be just for highend homes. But now, thanks to social media and more brand competition, it’s accessible to the middle class. Plus, customers are realizing that wallpaper doesn’t have to have little owers and strawberries. You can choose from thousands of bold patterns, textures, and contemporary prints.” Indeed. Even my daughter and her husband, on-trend millennials, recently hung wallpaper on the feature wall of the nursery they are preparing for their baby due next month(!).

Equal Opportunity Law

All real estate advertising in this newspaper is subject to the federal Fair Housing Act which makes it illegal to advertise “any preference, limitation or discrimination based on race, color, religion, sex, physical handicap, familial status or national origin, or an intention to make any such preferences, limitation or discrimination.” California also extends protection based on age and marital status. The Mountain Democrat makes every effort to comply with these federal and state regulations. We ask your assistance in maintaining an acceptable standard of advertising. While they may seem inconvenient at times, these laws are written to protect you, our readers and advertisers, as well as ourselves. This newspaper will not knowingly accept any advertising for real estate which is in violation of the law. Our readers are hereby informed that all dwellings advertised in this paper are available on an equal opportunity basis. For further information, you can call the Dept. of Fair Employment & Housing at (916) 445-9918 or the State Dept. of Consumer Affairs at (800) 344-9940.Note: Rental ads that contain the phrase “Single Occupancy” refer only to the physical characteristics of the dwelling and are not intended to state a preference of either marital or familial status.

“We looked at a lot of inspiration photos,” my daughter said. “Almost all the nurseries had accent walls either painted a fun color or wallpapered. The rooms we liked best all had wallpaper.”

They chose a peel-andstick paper featuring so illustrations of woodland creatures, which my sonin-law put up himself.

Though more expensive than paint and more work, done right, adding wallpaper to a room adds richness and interest that paint alone simply can’t.

“Updating a room with a paint color is an easy change,” Grubb said, “but if you truly want to elevate a room, wallcovering is the way to go.”

Sold.

The wallpaper went up this weekend. It’s a lovely improvement. So now that I am up with the times, I asked Grubb and the Skeltons to tell me more about the wallpaper comeback and what more homeowners should know:

• Be unexpected. Wallpaper isn’t just for living rooms and powder baths. “I like using wallpaper in secondary rooms, too,” Grubb said.

For one Los Angeles

couple who enter their house through the laundry room, Grubb covered the laundry room walls with a lively graphic paper. “It completely changed the feeling of this utility space and puts a smile on the owners’ faces whenever they come home.”

• Go big. Many people are afraid of large-scale patterns, especially in small spaces, but a large pattern can add excitement whether on one feature wall or all walls. “I especially like using it in a powder room,” Grubb said.

• Float don’t line. Because so many homes have textured walls, such as knock down or orange peel surfaces, which prevent wallpaper from being smooth, Tim Skelton recommends “ oating” the walls, skim coat them with drywall mud to ll in the recesses. Some people hang a wallpaper liner, which is almost twice the work, he said, “but the bumps still show through. Floating is the way to go.”

• Don’t skimp on installation. If your paper has a tricky repeat that needs special alignment or your room has lots

of angles, hire a pro to install it, Grubb said. “I’ve had clients try to save money by hiring someone inexperienced or by doing the job themselves and they ran into alignment issues that got more attention than the beauty of the material.” Get more than one bid. Costs can vary widely.

• Consider the new vinyl. Today’s vinyl wallpaper o en looks like grasscloth or silk, but is a lot less fragile and more durable, Grubb said. “It’s easy to maintain and clean with soap and water.”

• Enjoy the sound e ects. While all wallpaper will dampen outside noise a bit, fabric wallcoverings made of linen, silk or cotton, as well as grasscloth, are especially good at bu ering sounds so are good choices for home o ces and bedrooms.

• Why the ceiling? Wallpaper on a ceiling can provide an immersive e ect that feels intimate. By applying the same grasscloth to both the wall and ceiling in my dining area, we carried the color through the space, making the room feel cozier.

• What’s new? Custom murals are hot, Tim Skelton said. “Companies now will print on vinyl any high-resolution image to create a mural. He’s installed Disney-themed murals, 360-degree murals that make you feel as if you’re inside a mangrove forest, and, for one gentleman’s garage, a mural featuring race cars on a Formula One racetrack.

• Removables are rising. Peel-andstick wallpapers have also evolved and o er homeowners a lessexpensive DIY option that is easy to change and won’t messing up the wall. This is especially good for renters. The downside of peel-and-stick papers is that most professional installers won’t put them up because they can’t guarantee the product will stay.

Marni Jameson is the author of seven books, including the newly released “Rightsize Today to Create Your Best Life Tomorrow,” “What to Do With Everything You Own to Leave the Legacy You Want” and “Downsizing the Family Home.” You may reach her at marnijameson.com.

Claimed to be the nest parcel in the renowned Texas Hill Estates this skillfully, creatively, and meticulously constructed home was built by the developer’s son for himself and his family. Past the gated entry, a fabulous 42 windmill, and at the end of the meandering driveway you will nd a striking 2950 sq. single story luxury custom home with a well-designed oor plan and an abundance of creative touches. With an unsurpassed top of the hill setting and long distance views this home will gi you the most pleasing; peace, privacy, and tranquility. Surrounding the home you will encounter extensive hand laid paver pathways along and a generous back patio, a gorgeous water feature, and several areas to soak in the surrounding beauty. What a spot for entertaining. Just below the home there is a 40’ X 60’ shop with 5 roll-ups, a 40 x 42 RV carport, and apartment. In addition there is room for expansion with an (est.) 1400 sq. of framed in un nished second oor.

• MLS#224009064

OPEN HOUSE DIRECTORY

Saturday, April 27, 2024 12-3 1281 PLEASANT VALLEY ROAD #31, DIAMOND SPRINGS $225,000 Beautiful 2007 Manufactured Home in a Desirable Park, Newer Vinyl Plank Flooring, Vinyl Blind. Beautiful Kitchen with Local Views, Nice Living Area with Den and/or Formal Dining Room .Large Fenced Back Yard for Outdoor Enjoyment and Gardening. Located on a Cozy Cul-De-Sac. Park Features Mature Landscaping, Club House, Indoor Pool, and More.

C21 • JULIE CLARK (530) 306-7661

Saturday & Sunday, April 27 & 28, 2024

12-3 5454 OAK LEAF CIRCLE, PLACERVILLE $900,000 3 pastures and ring on 7.69 private acres. Main house: 3 Bedrooms, 3 bathroom, Private separate master suite, Deep 2 car garage, 2750 sq ft with 250+ sq ft bonus of ce/bdrm/ off garage. High vaulted ceiling, hardwood oors, Granite counters, paneled appliances, new A/C, Interior and exterior paint. Second home: 1200 sq feet, 2 bedrooms, 1 bathroom, Vaulted ceilings, very private covered porch, separate mailing address. Houses with separate utilities, including septic, well(s) and propane. Land: 4 stall barn with tac, water-heater, and storage. EZ trailer and RV access, Raised bed gardens, fully fenced. All buildings thoughtfully separated for best usage of land with connected paved driveways.

C21 • CONNIE MEGA (916) 952-5345

YouR Guide to PRoPeRtY listinGs

YOURGUIDETO PROPERTY LISTINGS

You may also find it helpful to browse listings by the type of real estate you are interested in buying. To find the geographic location, look at the classification heading and locate the matching zone number on the El Dorado County Map.

You may also find it helpful to browse listings by the type of real estate you are interested in buying. To find the geographic location, look at the classification heading, and locate the matching zone number on the El Dorado County Map.

To find property by geographic location, use the following reference table. Each category is separated by the zone number, type of real estate, and location in El Dorado County.

TABLEOFCONTENTS by type of listing

Residential Homes

Mobile Homes in Parks

Vacant Land

BYZONENUMBER

Find a PRoPeRtY bY Zone numbeR & name

Page 22-25

Page 25-26

Page 26-27

Information contained in Home Source MLS Listings are accessed each week, neither Home Source, Mt Democrat or McNaugthon Media /Publishing nor its authors guarantees the accuracy or completeness of any information published herein. Home Source, Mt Democrat or McNaugthon Media nor its authors shall be responsible for any errors, omissions, or claims for damages, including exemplary damages, arising out of use, or with regard to the accuracy or sufficiency of the information contained in Home Source. All rights reserved.

All properties are listed by price, address, acreage, listing number, and the Realtor’s office number. If you would like more information about a property, call the relevant office number for that listing.

12602 Residential Homes

el DoraDo Hills

To find a property by geographic location, use the following reference table. Each category is separated by the zone number, type of real estate, and location in El Dorado County. Properties are sorted by price, in ascending value.

12601 RESIDENTIAL HOMES

This representation is based in whole or in part on data supplied by MetroList©. All information provided by seller/other sources has not been verified by broker. All interested persons should independently verify accuracy of above information. Copyright ©2002 – MetroList Services, Inc.

12602 RESIDENTIAL HOMES EL DORADO HILLS

12604 Residential Homes

resCue/luneman

12605 Residential Homes

12701 Residential Homes

12603 Residential Homes

sHinGle sPrinGs

12702 Residential Homes el DoraDo, DiamonD sPrinGs

12703 Residential Homes

Week of April 26, 2024

Home

12705 Residential Homes Coloma, lotus

12706 Residential Homes Greenstone, GolD Hill West

12707 Residential Homes mosquito, sWansboro

Serving El Dorado County

12801 Residential Homes Camino, CeDar Grove

12803 Residential Homes ameriCan river Canyon

12901 Residential Homes

GeorGetoWn, GarDen valley

12802 Residential Homes

PolloCk Pines

12902 Residential Homes

Cool, Pilot Hill

PLACERVILLE $949,900

This Gorgeous 4 bd/3 ba, home is on 10 scenic acres in the heart of Gold Hill. Light & airy is the best way to describe this well crafted home, with an indoor atrium, Vaulted Ceiling. Skylights & Walls of windows. Cool off in the summer in an inground pool. There are 3 separate living areas, with a walkin basement, that has a wet bar and a full bath. This area could easily be converted to in-law quarters. First time on the market.

in a lifetime opportunity to own the historic Shinn Ranch. Gorgeous Homes surround this property. Minutes to Highway 50. Fish in your own private stocked pond. 1880’s Home is included in the purchase price.

OPEN HOUSE

Sat, April 27 • 12-3pm 1281 Pleasant Valley Road #31, Diamond Springs

ADJOING PARCELS $275,000 & $240,000

DRE#00972284

& #00896013

MLS# 224038227 & MLS# 224038189

DRE#01187431

DRE#01274232

CONNIE MEGA (916) 952-5345 OPEN HOUSE

April 27 & Sun, April 28 • 12-3pm

Vaulted ceilings, very private covered porch, separate mailing address. Houses with separate utilities, including septic, well(s) and propane. Land: 4 stall barn with tac, water-heater, and storage. EZ trailer and RV access, Raised bed gardens, fully fenced. All buildings thoughtfully separated for best usage of land with connected paved driveways.

TheRussellsRE@gmail.com

THE RUSSELLS JUST LISTED;

Two adjoining view parcels located on Loma in Shingle Springs. Water meters are paid and installed at street. Recently cleared, the .75 & .76 of an acre parcels are useable & ready for your custom home. 1 parcel has an incredible (& rare) Sierra View, the other has a Mt. Diablo & city lights view. Take your pick, a sunrise or sunset? Better yet, buy BOTH! Seller has owned both since 1984.

THE RUSSELLS ~ TY & MARYSUE (530) 417-3728

$49,000 MLS#224029795

LEVEL HALF ACRE CORNER LOT IN GRIZZLY FLATS

Waiting for you to bring your design plans and turn this very useable property into your dream home or a vacation home. With the trees removed, you currently have gorgeous westerly views. Water meter, Fire Hydrant at property. 3 property corner monuments flagged. Easy to locate. Reflective address left of fire hydrant. Paved roads. Check with County regarding off setting building cost, original home was 1365 sq. ft. Post office just down the road.

VICKI EMERY (530) 409-3707

DRE#01187431

$675,000 MLS#224033879

CHARMING SINGLE-STORY HOME WITH A TUDOR FLAIR

microwave and refrigerator. Dine in the dining room area or at the bar stool counter. Beautiful hardwood flooring flows throughout the kitchen, dining area, living room and into the bedrooms. Plantation shutters offer privacy. Spacious living room has a cozy woodstove for fall enjoyment and a slider that leads to the private back yard for entertaining. Master bedroom has a walk-in closet. Master bath has white cabinets with double sinks, walk in shower, tile floor. 2nd bedroom has a murphy bed. Spacious 3rd bedroom. Both share an updated guest bathroom. Half bath off laundry room. Off the utility room is a room that can be used as an office, hobby or storage room. Solar. Whole House Fan. This Home Sweet Home not only offers privacy but is conveniently close to shopping, restaurants, parks and freeway access.

VIEWS OF MT. DIABLO!!

VICKI EMERY (530) 409-3707

$599,000 MLS# 224037293

SPECTACULAR SINGLE LEVEL RANCH STYLED HOME ON 1+ACRE

Lovely view of Mt Diablo. Outdoor living is embraced at this stylishly renovated and updated home with exterior access from the great room, the primary suite and the spacious bonus room which could easily be a 4th bedroom. Outdoor entertaining spaces are set up and ready for you to expand on - there is room for a pool, trampoline, pets and gardening! Each room has it’s own mini-split HVAC for year round personalized comfort and control. Turn the key and move in! This house and easy care property is a 10! Close to Jenkinson Lake and trails for year round hiking, biking and boating! Kaiser approved zip code!

SALLY LONG JOHNS (530) 306-0821

DRE#01308662