WELCOME TO OAKHURST COARSEGOLD MARIPOSA YOSEMITE BASS LAKE NORTH FORK AREA REAL ESTATE

YOSEMITE GATEWAY PROPERTIES AND LIFESTYLES

July 2010

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Edited and published in Oakhurst, California, U. S. A., by Ed Bailey, GRI, Broker Associate, DRE Lic. No 01479711, with Oakhurst Real Estate, Yosemite Gateway Association of REALTORS®, California Association of REALTORS®, and National Association of Realtors

Oakhurst Area Real Estate for Sale

A Locally Focused Newsletter for Property Owners, Residents, Visitors, Home Buyers, Home Sellers, REALTORS®, Owners with Oakhurst Area Real Estate, Homes or Land, for Sale, and Others, Interested in Mountain Homes and Lifestyles i the Southern Yosemite Communities of Oakhurst, Bass Lake, Ahwahnee, Coarsegold, Mariposa, Midpines, Bootjack, North Fork, Spring Valley, Raymond, Yosemite Lakes Park, and Sierra Mountain and Lakes Properties

California Home Prices increase almost 21 Percent from Previous Year

June 20th, 2010

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Digital News Report

Digital News Report – California home prices are on the rise across the whole state, according to a report by DataQuick. The median home price paid for the month of May 2010 was $278,000 which was an increase of 20.9 percent from the same month last year of $230,000.

There was an increase of 9 percent from April to May’s average new and resale houses and condos that were sold. The median home price peaked in early of 2007 at an average home price of $484,000.

Home foreclosures were still a considerable amount of the homes sold, with 35.5 percent of the real estate properties sold being foreclosed on in the last year. It is an improvement however considering the same time one year ago, foreclosed home sales made up 50.2 percent of the home sales. The highest number of foreclosed home sales was in February of 2009 with 58.8 percent of the homes sold being foreclosures. The foreclosure activity said MDA DataQuick is still high in historical numbers overall.

Not mentioned by MDA DataQuick is that struggling homeowners have been seeking out Obama’s government home loan modification program to refinance their existing mortgage into lower monthly payments. This could have helped to reduce the number of foreclosed homes being sold. The government refinance program is called Home Affordable Mortgage Program (HAMP) and there have been many homeowners that have completed the home loan modification with success. The home loan can have earned principal forgiveness, lowered interest rates, and extended repayment terms all in an effort to lower the monthly payment to less that 31 percent of a homeowner’s income

Ed Note

Sell Low and/or Buy Low

Recently I have had the pleasure of helping two families buy homes at exceptionally low prices. In both cases the properties were listed with Fresno agents who were not members of our local MLS. That means the properties got limited exposure to local agents. Most local agents did not know they were on the market, and therefore did not show them. It takes a little digging to find these listings for a buyer, but they are well worth pursuing.

When selling your property, it just makes good sense to work with an agent who knows the market where the property is located, and can expose it to other local agents. An agent who accepts such a listing outside his or her market knowledge area is not doing being fair to that seller. The ethical thing for an agent to do is refer the seller to an agent who does know the market area in question.

Regardless of exposure, no property will sell above market value, but if not adequately exposed, it may sell well below market value. That’s good if you’re a buyer, not so good if you are the seller.

A Quick Look at Some Local Real Estate Offerings

Featured Listings

Yosemite Lakes Park

Three Bedrooms, Two Baths

2554 Square Feet

$249,900

Click Here to view listings

Top of the Hill! Absolutely immaculate custom beauty in a great central location! The home features a huge high vaulted living room with beautiful fireplace and floor to ceiling rock hearth, newly remodeled gourmet kitchen with gorgeous granite counters and indirect lighting, lots of cabinetry, center island and walk-in pantry, separate breakfast nook and formal dining room, large master suite on the opposite end of home from the other bedrooms. Wonderful covered front patio and rear deck to enjoy the outdoors. Beautifully landscaped with auto sprinklers and drip. Oversized 748 sq ft 2 car garage with workshop area. This one won't last!

Call Ed Bailey (559)676-2424 or (888)683-5193

Business Opportunities

Want to own a business in our beautiful mountain area? Have a look at these

Click Here to view listings

Luxury Home Listings

Click Here to view listings

Want to see a custom look-up?

Would you like to see the current listings in a specific range, i.e. $270,000 to $300,000, and/or a specific zip code? It’s easy. Just send an e-mail request to edbailey@sti.netand I will send you a link to the listings

For more featured property listings go to: http://www.edbaileyrealtor.com/featured.php

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A Monutain Treasure

Oakhurst River Parkway Trail Pictorial Map and Hints

1. Oakhurst Chamber of Commerce (P)
2. Madera County Library (P)
3. State Center Community College (P)
4. Oakhurst Community Park
5. Sierra Telephone
6. Oakhurst Elementary School (P)

7. Oak Creek Intermediate School
8. Fresno Flats Historical Park
9. Yosemite High School
10. Oakhurst Mural & Teddy Bear Park
11. Oakhurst Petanque Club
12. Harry H. Baker Boys and Girls Club

*P = Parking Available

OAKHURSTRIVERPARKWAYMAP

Our map of the Parkway Trails is available as an 11" x 17" pdf file. Click on the photo for this zoomable view.

(The map is set to print on 11" x 17" paper, however if you click "File" then choose "Page Setup" option, you will see an option for "shrink to fit page width" where you can check the box to print on any other, smaller sized paper. We recommend choosing the "Landscape" option.)

Entrances to Oakhurst River Parkway

FRESNORIVER:

Royal Oaks Subdivision (south from Community Park - green trail on map - Park at Library parking lot
Road 426 at Fresno River Bridge (red trail on map- park at Oakhurst Community College)
Parking lot on Road 426 to left of Sierra Star newspaper (Park at Oakhurst Community College, across the street.)

OAKCREEK

Behind Oakhurst Elementary School
Fresno Flats Historical Park
Yosemite High School near Baker Swim complex

THINGS TO BRING

Family and Friends
Birding and/or Creatures Identification book
Energy
Binoculars
Your bicycle
Fishing Pole
Camera
Cell Phone
Our birds & animals checklist
Comfortable shoes
A printed copy of our pictorial map

Community Park bridge entrance with parking
near the Library/Chamber of Commerce.

This Month’s Featured Artist

De Sheldon

De was born in Michigan and spent her early years on her grandparents farm. Happy memories of that time tend to show up in her paintings of children and farm animals. Her mother, an artist, instilled in her an appreciation of art.

An elementary school teacher in California for thirty-five years, she incorporated art activities for children in her classroom, exploring her own art sporadically during that time.

Upon retiring and moving to Oakhurst from the East Bay in 2000, De began to paint in earnest, taking classes from several talented local artists. Her favorite subjects are birds and animals in watercolor, pastel or acrylic. She enjoys adding a bit of whimsy now and then, and the use of strong color.

She has received awards at several of the annual YWA Tri-County Art Shows and the 2008 and 2009 Arts in Agriculture shows in Madera.

Her work has been exhibited at the United Security Bank, Kaiser Clinic, and Yosemite Coffee and Roasting Company. She participated in the Sierra Art Trails in 2008.

She is a member and immediate past president of the Yosemite Western Artists.

Timberline Gallery

40982 Highway 41

Located in the north end of Oakhurst, CA (93644) in Gallery Row

(559)683-3345

Over 300 awards have been earned in many local, national, and international juried shows. Several works are available in limited edition prints and note cards.

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Did You Know?

The Yosemite Gateway Association of REALTORS® (YAGOR) http://www.ygaor.com/

Will take you to quick links to search for property, find local REALTORS®, Get local weather, the Sierra Star, Madera County Property Records, the National Park Service, and five area Chambers of Commerce.

The Community Meal project at New Community United Methodist Church serves more than a hundred free meals every Wednesday at 5:30 PM. Everyone who comes through the door is welcome to share. Volunteers also are welcome. Call Ginger Straughn (559)658-5846

The Spirit Band, which plays at the 11:00 o’clock service at New Community United Methodist Church in Oakhurst, is made up of professional musicians from four successful valley and mountain musical groups; the Smooth Jazz Ensemble, the Sierra Chambermaids, Larkspur Band, and Wild Hare Band. They are Rudy Helm, guitar; Jackie Byers, piano and alto vocal: Monika Moulin, lead vocalist; Kirk Moulin, bass guitar and vocalist, Eddie Guzman, drums and featured vocalist; Lisa Guzman, featured vocalist. Together they are Awesome!!

You can find out how much your home is worth, for FREE without giving your life story to an internet based “lead generator” company from out of state, who will sell your information to a local REALTOR®. Get much more accurate information from a local trusted expert who knows the local market. I will be happy to do it for you, with no cost, obligation or commitment on your part. Find out what homes similar to yours have recently sold for, what sellers are asking for similar homes on the current market (competition), and asking

prices for other listings that have expired without sellers finding a buyer. Just go to: http://www.edbaileyrealtor.com/sellers.html and fill in information. Thanks.

You can rent the community room at Yosemite Gateway Association of REALTORS® (YGAOR) for your social or business events? The room seats 50 comfortably at tables. For more information call Katie or Bob at 559-683-2650

You can check on the license status, including disciplinary action if any, of any Real Estate Agent or Broker in California. Just click on this icon and follow instructions.

You can get top quality Voice Lessons, or Beginning Piano Lessons in Oakhurst. UCLA educated teacher, 25 years experience, with great references. Call Sheila at 642-4329

You can look up Madera County official property records? Just click on http://63.192.182.23/parcelview/pv_blank.aspx?g= and enter the address or Assessor’s Parcel Number. Call me if you need help. 559-676-2424

Share with Us

Do you have a question about our Oakhurst area? Do you have a real estate question?

Do you have a suggestion for additional features in this newsletter? Send me your thoughts and your ideas.

Also tell us, in 50 words or less, what you consider the most interesting of our Mountain Treasures, and why. Examples of Mountain Treasures: Timberline Gallery; Sierra Mono Museum; Mariposa County Courthouse; the Wild, Wonderful, King Museum (vintage clothing); the Children's Museum of the Sierra; Fresno Flats Historical Park; the California State Mining and Minerals Museum in Mariposa; Sierra Scenic Bypass; the Little Church on the Hill; the Talking Bear; Sierra Art Trails; the Elegant Auction; Heritage Days; the Fall Arts and Music Festival; the Loggers Jamboree; the Coarsegold Rodeo; the Christmas Tree Auction; the Honorary Mayor Contest; the Wild, Wonderful Chocolate Festival; Jazz on the Lake; the Bass Lake Fishing Derby; the Mountain Bear "Angels Amongst Us" Annual Awards Dinner; The Wall of Heroes Annual Awards Dinner; or name your own Mountain Treasure. E-mail it to: edbailey@sti.net You may call us at 559-676-2424 or toll free at 888-683-5193

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	Oakhurst Real Estate 40761 Highway 41, Oakhurst, CA 93644

WELCOME TO OAKHURST COARSEGOLD MARIPOSA YOSEMITE BASS LAKE NORTH FORK AREA REAL ESTATE

YOSEMITE GATEWAY PROPERTIES AND LIFESTYLES

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