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For Free Publications about our mountain area click on FOR BUYERS above
“Yosemite Gateway Properties and Lifestyles”
A Locally Focused Newsletter for Mountain Area Property Owners, Residents, Visitors, Home Buyers, Home Sellers, Realtors®, Owners with Real Estate, Homes or Land, for Sale, and Others, Interested in Mountain Homes and Lifestyles in the Southern Yosemite Gateway Communities of Oakhurst, Bass Lake, Ahwahnee, Coarsegold, Mariposa, Midpines, Bootjack, North Fork, Spring Valley, Raymond, Yosemite Lakes Park, and Other Nearby Places
February 2007
Features
Ed Note
To Tell the Truth. Someone, I can’t remember who, said (I’m paraphrasing) “most people tell the truth most of the time, otherwise society as we know it could not exist.” I would like to make the case that all Real Estate Brokers and Agents should tell the truth all the time.
Any one of these three reasons is enough to justify complete truthfulness.
Because it is right, because it is the law, and because it is good business, it is a good idea for all Real Estate Professionals to tell the truth all the time.
Some Sound Home Advice Should you talk to a mortgage professional before house hunting? By Claudia Pulido Absolutely! Even if you haven't so much as picked out houses to visit yet, it's important to see your mortgage professional first. Why? What can we do for you if you haven't negotiated a price, and don't know yet how much you want to borrow? When we pre-qualify you, we help you determine how much of a monthly mortgage payment you can afford, and how much we can loan you. We do this by considering your income and debts, your employment and residence situations, your available funds for down payment and required reserves, and some other things. It's short and to the point, and we keep the paperwork to a minimum! Once you qualify, we give you what's called a Pre-Qualification Letter (your real estate agent might call it a "pre-qual"), which says that we are working with you to find the best loan to meet your needs and that we're confident you'll qualify for a loan for a certain amount. More importantly, to a home seller, your being pre-qualified is like you walked into their house with a suitcase full of cash to make the deal! They won't have to wonder if they're wasting their time because you'll never qualify for a mortgage to finance the amount you're offering for the home. You have the clout of a buyer ready to make the deal right now! You can always use the calculators available on our site to get an idea of how much mortgage you can afford -- but it's important to meet with us. For one thing, you'll need a Pre-Qualification Letter! For another thing, we may be able to find a different mortgage program that fits your needs better. Article provided by Shore Financial Group
Claudia Pulido Mortgage Loan Consultant Shore Financial Group 559-760-6388 Cell 559-420-0368 Fax cpulido@sti.net
Property Listings Wanted
HAVE AN OAKHURST OR MARIPOSA AREA HOME FOR SALE? List your Property with me for Better, Faster Results - I Will:
A Mountain Treasure
Stellar Gallery continues its commitment to support and promote the visual arts in the region. This 2007 brings new works into the gallery. Stellar Gallery offers a diverse selection of contemporary fine art, photography, glass art, ceramics and jewelry. The dedicated staff offers professional service to both clientele and artists.
Stellar Gallery currently features accomplished local Photography by David Ashcraft, Heidi Vetter, Joseph Holmes, Jon Bock Ceramics by Ken Foster, Amy Morgan and A.J. Castelo Glass Art by Christian Guenther and Geoff Vassallo Digital Art by Jon Bock Wood Turning by Ken Maggard.
Stellar Gallery is proud to continue its association with Sierra Art Trails. The 2007 event, taking place on October 13th & 14th, marks the fifth Anniversary. A permanent selection of donated works by Sierra Art Trails artists, is available at the gallery.
January’s artist of the month is Multi-Media Artist Kathy Marks Kathy’s work will be on display @ Stellar Gallery starting Jan 6th. She will be demonstrating on Sat., Jan. 27th during “A Day with the Artist”.
Don’t forget our unique collection of handpicked antique Chinese Country furniture. The style combines simple, yet elegant lines with a sense of practicality and vigor. The gallery’s collection includes trunks, tables, benches, cabinets, and assorted accent pieces.
Stellar Gallery and Toys for Tots were a winning combination. The Art Gift Basket was a big hit. To all artists who donated works, and those who donated toys, a big Thank You! A special thank you goes to Ron Nisar of the Methodist Community Church Thrift Shop for their donation of the basket.
Mountain Business Opportunities
Looking to Purchase a Business in Oakhurst? Here are Some Possibilities:
Information: 559-313-1081, 888-683-5193, edbailey@sti.net
The Mountain Real Estate Market Mountain area home prices are still rising slowly and inventory has declined by more than 100 from the 2006 peak. The median selling price for January, 2007 was $332,000 compared to a median selling price of $320,000 in January of last year, for an increase of 3.75 percent.
We still have a good inventory of homes for sale, interest rates are still great, and prices are moderating. It is virtually a market in equilibrium with supply equal to demand. Here are the locations of most of our mountain area homes for sale:
Area Number Asking Price Range Median Asking Price
Homes for Sale in Ahwahnee 15 $139,000 $1,400,000 $649,000 Homes for Sale in Oakhurst 87 $169,950 $250,000 $415,000 Homes for Sale in Bass Lake 45 $295,000 $2,400,000 $795,000 Homes for Sale in Coarsegold 197 $229,000 $1,700,000 $399,000 Homes for Sale in Mariposa 80 $197,000 $2,200,000 $395.500 Homes for Sale in North Fork 31 $195,000 $769,500 $450,000 Homes for Sale in O’Neals 5 $565,000 $1,600,000 $595,000 Homes for Sale in Wishon 2 $308,000 $800,000 $552,500
As of January 30 we had 49 homes sales in escrow for a total asking* price of $20,042,850.
*Selling prices are not published in MLS until escrow has closed.
Disclaimer: Information from Multiple Listing Service is believed to be accurate but not guaranteed.
Home for Sale of the Month
Own a One/Fourteenth Share in Stoneridge Mobile Home Estates. Stop paying space rent and instead pay just $50.00 per month Association fees, and that includes water and trash pickup. Property taxes are less than $200.00 per year. Enjoy a nearly ½ acre beautifully landscaped lot with a great view. Mobile home has been remodeled, expanded, and upgraded, with an added garage, work room and wash room. It has two bedrooms, two baths and approximately 1600 square feet. It has lots of decking and rockwork. It’s a beauty and a bargain - Priced to sell at $279.000. Call 559-313-1081, or 888-683-5193 EdBailey@sti.net
A Place of Worship
Yosemite Chapel
The first service was held on June 7, 1879, and the church was filled to overflowing by delegates to the National Sunday School Assemble meeting in Yosemite Valley at that time. The first organ in the chapel was given by Miss Mary Porter of Philadelphia in memory of Florence Hutchings. Florence was the unofficial, but faithful caretaker of the chapel during the summer of 1879-1881. She died in a climbing accident at the tender age of 17. In 1887, on the death of President Grant, a memorial service was held in the chapel and the organist for the day, playing the Florence Hutchings memorial organ, was Sir Arthur Sullivan, famed composer and collaborator with Sir William Gilbert in the famous Gilbert and Sullivan light operas. Sir Arthur was visiting in the Valley at the time and was asked to assist in the service. The original location of the structure was on rising ground near the base of the Four Mile trail, a mile or so down the Valley from its present site on the south side of Yosemite Valley. In the passage of years, the old church, built in the midst of a busy community, lost one by one its companion buildings, until with the moving on of community activity to other parts of the Valley, it stood alone. In 1901, it was taken down and moved to its present site. It was given Historic American building status by the National Park Service in 1965. Following this, its interior was restored and a new foundation was placed under it. The little chapel continues to serve as a place of worship for residents and visitors alike, as it has done for over 100 years. For additional information on mountain area places of worship, go to: http://www.emccc.net/resultsMemberCat.php?catName=Churches&Submit2=Find+by+Category
Art in the Mountains
Vision Academy of the Arts is continuing plans for a monthly dance in the community. If you would like to be added to the mailing list, please send information to edbailey@sti.net.
Did You Know? You can get the Oakhurst Area Homeowners Guide Newsletter sent to you each month free. It has lots of helpful information for homeowners. Just send your e-mail address to edbailey@sti.net and you're in. It will arrive in your in-box on the first Monday of each month. You can get a FREE copy of the Yosemite Gateway Real Estate Guide and/or the Oakhurst Area Chamber of Commerce Directory, mailed to you. Just send an e-mail to edbailey@sti.net with your mailing address. You can get a FREE copy of the Yosemite Sierra Visitors Guide mailed to you. Send an e-mail to: edbailey@sti.net with your mailing address Moving? If a move is in your near future let me make it a little less stressful for you. I will be happy to send you a free 39 item checklist of smart things to do; (1) before the move, (2) on moving day, and (3) after the move. Just give me a telephone call at 559-313-1081 or send an e-mail request to: edbailey@sti.net
You can find out how much your home is worth on the current market FREE. Get a Comparative Market Analysis (CMA) with no commitment on your part. Just go to: http://www.edbaileyrealtor.com/sellers.html and fill in information.
Are you or Your Friends Looking for a “Home for Sale” in the Oakhurst, Bass Lake, Ahwahnee, Coarsegold, North Fork, Raymond, or Mariposa? Refer them to a listing of all real estate, land and homes, for sale in our mountain area. Just go to: http://www.edbaileyrealtor.com/search.asp
Dining out in the Mountains You can read customers’ Reviews and Ratings of Oakhurst area restaurants at: http://oakhurstrestaurants.com/
You can get free help with your “For Sale by Owner” (FSBO). I’ll mail you a copy of the “For Sale by Owner Manual,” It will give you helpful pointers on how to go about preparing and selling your home. I will also be happy to provide you with comparable sales information and help you arrive at the best asking price. Just send an e mail with your mailing address to edbailey@sti.net.
I’m happy to help because research tells me that most “for sale by owner’s” end up listing with an agent for a faster sale at a better price. If that happens in your case, I only ask that you consider letting me be your agent. In the meantime, I wish you well in your selling effort, and I want to help.
What’s Happening Over the past five years, Sierra Art Trails has grown to become the largest and most anticipated annual arts event in the Yosemite Foothills! The show is focused on the communities of Eastern Madera and Mariposa counties. In 2006 the show featured 116 artists and artisans working in a wide range of media including painting, photography, jewelry, sculpture, fiber arts, woodcarving, ceramics, and more! Sierra Art Trails is an open studio tour that gives art enthusiasts the chance to see fine art and fine crafts in the making, and to get a first hand view of how artists live and work. By attending the show you are not only supporting the arts, you are also benefiting our foothills communities by helping us to make the area a place that people look forward to visiting. Please join us! www.sierraarttrails.org
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 559-683-5193 or toll free at 888-683-5193.
wwwEdBaileyRealtor.com Oakhurst, CA 93644 (559)313-1081 (888)683-5193
Gateway Links Oakhurst Area Homeowners Guide: http://www.realtydirect.net/news/?PUB=13067
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EdBaileyRealtor.com • Oakhurst Real Estate • 40761 Highway 41, Oakhurst, CA 93644
Copyright 2007, Ed Bailey. Web Services Provided by Oakhurst Online
