Archive for the 'Auburn' Category

Landscaping Workshop for the Sierra Foothills

said on August 6th, 2012 filed under: Auburn, Fun Things to Do Outdoors, Lake of the Pines, Localism

We will be presenting a FREE landscaping workshop at 7:00 PM on WEDNESDAY, AUGUST 8, 2012 at the Generations Health Club just outside the gate of Lake of the Pines, California.  The address is 22824 Industrial Place, Auburn (unincorporated) near the corner of Combie Road and West Hacienda.

 

Immerse yourself in a fast-moving one-hour class about landscaping in the Sierra Foothills

Select a foundation landscape of permanent deer-resistant shrubs

Admire Lake of the Pines gardener Sue Baker’s list of Top Ten Annual Flowers

Steal Bob’s list of Top Twelve Perennal Shrubs for “deer country”

Spruce up your home’s curb appeal to create the Best First Impression for less than $1,000

Learn a bunch of Weird Stuff About Plants that we bet you don’t know

Bring a neighbor and your own gardening tips.  See you on Wednesday night at Generations Health Club!

 

Bob and CJ Jenkins

530-906-4715

 

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Deer Resistant Plants for the Foothills

said on July 13th, 2012 filed under: Auburn, Country Property, Gardening, Lake of the Pines, Localism

Deer are everywhere in the Sierra Foothills, and nowhere are they more numerous than at Lake of the Pines, California, where they move around through the un-fenced yards, lordly and arrogant,  eating just about everything that grows.

Can you actually establish landscaping, green and lush, that is impervious to the plague of deer?  Yes.

These are shrubs and trees reputed to be deer resistant, though those of us gardening in our area know that some deer will eat almost anything, and that all deer will eat almost anything if they get hungry enough.  I have seen hungry deer nibbling on the needle tips of junipers, though I have never seen them touch an oleander.

The worst offenders within deer herds are the fawns.  Like most babies, the fawns haven’t yet learned what to avoid, and they put anything into their mouths.  Because of their small size, the lowest and most tender growth of almost any kind of plant gets the special attention of these youngsters.  You might think about protecting newly installed “deer resistant” plants for the first year with screen or fencing.

Other trouble makers are the bucks during the fall “season.”  These sex-crazed lads will tear up plants just for the hell of it, and they will use your new trees to tune up their antlers for the mating wars to come.  You might think about wrapping the trunks of newly installed trees with burlap until the lust dies down.

All that said, here are my 12 favorite deer resistant plants for the lower foothills.  The photos are all from my own un-fenced yard at Lake of the Pines.   I am putting my plants where the deer mouths are.  These are July photos, so most of the specimens have already lost their flowers.

A DOZEN FAVORITE DEER RESISTANT PLANTS FOR THE CALIFORNIA FOOTHILLS

Juniper.  Lots of people don’t like juniper because they are scratchy and boring, but many types have adapted to dry conditions and take little water to hang on through the summer.  Juniper can form screening hedges and hold down  problematic hillsides.

There are also “softer” and low growing species of juniper.

Oleander.  Thank God for oleanders in July.  Oleanders are profuse boomers and provide the most reliable color in the summer landscape.  They are, as you know, poisonous, so don’t eat them.  The deer are also well aware of the toxicity.

Grevillea.  Sturdy and reliable.  My favorite types have delicate pink flowers on them almost all year.  They are prickly.

St John’s Wort.  A surprise discovery.  This plant is 3 years old.

Elaegnus.  This is a new addition, a “silverberry” variety.  We put it in this year for the first time.  So far so good.

Nandina, aka Heavenly Bamboo.  Not a real bamboo, and it will not get out of control.  You can trim it like a hedge if that’s your thing.

Azelea (and rhododendrums) The deer will eat some species, and they will eat young, tender new growth, but they leave old leathery azeleas alone unless they are desparately hungry.

Abelia.  This is glossy abelia.  Takes very little water.

Barberry.  Gorgeous red foliage to contrast with the green and grey-green on most foothill shrubs.  Lots of thorns.  Ouch.

 

Wisteria.  Wisteria grows so high and so fast that it will soon grow itself out of reach.  Of couse, if you don’t keep it under control, it will eat your house.

Yarrow, CJ’s favorite,  and Lavender, my favorite.

 

Dafodils and Narcissus.  These are not shrubs, but they do come back year after year to enliven the early spring.  Each year you should plant new bulbs.

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Independence Day in Auburn

said on July 5th, 2012 filed under: Auburn, Cultural Events

Auburn, California celebrates the 4th of July with two evenings of American music.  The free concerts are called Homeland and feature the Gift of the Heart Orchestra and the Placer Pops Chorale.  Both ensembles are surprisingly adept.

The programs are given at the Auburn Library Garden Theatre, a large outdoor amphitheatre just off Nevada Street at the corner of Fulweiler.

On the evening CJ and I attended there were several hundred people sitting on blankets or folding chairs.

 

My favorite musician was the elder statesman on the upright bass.  He was ably assisted by a young lad who turned the pages of grandpa’s sheet music.

The first half of the concert featured big band numbers from Count Basie, Glenn Miller, John Williams and others.  The second half, as you might suspect, was patriotic music.  My favorite number was a tribute to the 5 armed forces (Army, Marines, Coast Guard, Navy, and Air Force)with a verse from each of the service hymns.  As the songs from different branches were played, veterans from that branch were asked to stand and be recognized.  We half dozen old Leathernecks stood at attention as the notes from the famous Marine Corps Hymn were sounded.  I believe we got the loudest round of applause.  Veterans from other branches probably felt the same way about their ovations.

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Unique Country Home for Sale in Auburn, California

said on May 30th, 2012 filed under: Auburn, Country Property

Here’s an unusual house we just listed for sale a few miles north of Auburn, California.  What’s so unusual about it?

Besides incorporating a dome as the central element of the architecture, it’s really big.  Don’t let the photo mis-lead you.  This one-of-a-kind home (I know that’s a cliche’) is 5,219 square feet with 5 large bedrooms and 5 baths, all designed with flair and surprise.

 

It was originally built in 1986, but the home has been enhanced with a recent top-to-bottom rennovation.

 

 

It sits on 5 pretty acres, mostly flat and useable.

 

Originally offered at $620,000, it is now listed at $549,900, barely $100 per square foot.  Here’s one of my favorite spaces, the dining room.

 

 

The best part of this property is the location.  It’s about 3 minutes east of Highway 49, just a few miles north of Auburn, California.  Quiet and convenient, you get there by driving down just about the loveliest country road in this part of the Sierra foothills.

 

 

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Favorite Restaurants in Auburn, California

said on May 15th, 2012 filed under: Auburn, Localism, Neighborhood Profiles

Here are 9 of my favorite restaurants in Auburn, California.  Notice I did not say “The 9 Best Restaurants,” because all I would  get with that statement is a bunch of guff from the “experts,” by which I mean my colleagues at Century 21.  But who can argue with “favorites?”  If I like ’em, I like ’em, so there.  <bronx cheer>

I’m a working man.  I like restaurants that deliver good food with a smile, lots of it, and cheap.  Luckily,  I live in Auburn.  This town is not the Culinary Capitol of California.  Bus loads of tourists do not make pilgrimage from San francisco to our Epicurean El Dorado.  The best you can say about our restaurant scene is that we have a few pretty good restaurants . . . and they’re cheap.  There are also several over-rated, over-priced eateries that offer mediocre fare, but they are not the topic of this blog, fortunately for them.

In my list of working man restaurants you will find breakfast, lunch, and dinner spots.  The service is friendly, the atmosphere relaxed.  I’m not going to rate them in any kind of order . . . except that I’m going out on a limb and save the best restaurant in Auburn for last.

So here they are, in alphabetical order:

AUBURN THAI GARDEN   On the corner of Highway 49 north and Palm Avenue, about 6 blocks from the I80 exit.  Lunch and dinner.   With tax, lunch costs $7.45.  For dinner, do try the mango curry, if mangos are not available, try the rambutan curry.

Auburn California restaurants

AWFUL ANNIES.  This is a long-time favorite with us hillbillies.  It’s a breakfast and lunch spot in the center of Old Town Auburn, a district that is only about 2 square blocks, so it’s not hard to find Annies.  Parking is free.  By the way, parking is free everywhere in Auburn, and I am not making that up.  Free.  Parking.  Welcome to the foothills.

This is the dining deck or porch at Awful Annies.  It’s mostly imaginative breakfast fare, gourmet sandwiches, salads with lots of no-meat choices for you veg-heads.  Breakfast about $10, lunch about $15.

Awful Annies

 

BIG SALAD.  This is a deli-style soup, sandwich, and salad hangout for the lunch crowd (“crowd” is a kind of joke, but I guess you have to live up here to appreciate it).  It’s in Downtown Auburn, not to be confused with Old Town Auburn which is about 10 blocks down the hill.  Lunch is about $10.  No menus.  The offerings are on a chalk board above the prep table.  That kind of place.

Auburn, California restaurants

CHANG BROTHERS.  There are no, repeat NO, great Chinese restaurants in Auburn, but there is one pretty good one, at least I think so, even if my colleage Connie thinks it stinks.  Hey, Connie, lighten up.  The lunch special is $6.25 and you probably can’t eat it all.  Usual fare, soup, rice, entre, egg roll.  Try the Orange Chicken.  One of the best offerings is the “Tea List.”  You can choose from a half dozen different teas, well-brewed in an iron pot at your table.  Black, green, or golden.  Yum.  This is one of my favorite places to take a book and my “Don’t Bother Me” sign.

Chang Brothers is a strip mall joint in the Bel Air shopping center on Highway 49 North.

Auburn, California restaurants

 

KATRINAS.  Everybody likes Katrinas.  It’s a bit quirky.  Closed on Monday and Tuesday.  Breakfast and lunch only, 7:00am to 2:30pm.  Small, crowded.  Now and then you will see a male bus-person, and I swear I once saw a man back in the kitchen when the door was left open too long, but for the most part this is an all-woman operation.  Excellent quality.   The portions are HUGE.  Two people should share one salad and one entre, no more, I’m warning you.  Even then you will probably box up the leftovers and take them home.  Typical Auburn prices.  A couple can eat well for less than $30.

Katrina’s is on Highway 49 North, sort of catty-corner to Auburn Thai Garden, but a block closer to the freeway, and on the other side of the street.  Doesn’t look like much from the outside.

Auburn, California restaurants

MELS.  Lots of people won’t like this choice because Mel’s is a chain-restaurant.  OK, it’s a gussied-up burger joint.  Lots of unhealthy, greasy food, burgers, fries, shakes, “Blue Plate” dinners and big ‘ol meat platters.  But it stands out from the other Auburn restaurants in one vital regard–it stays open 24 hours a day.  Very useful, Mels.

Mel’s is on Highway 49 North, before Bel Air and the Home Depot.  Yep, we got a Home Depot in Auburn, about 3 years ago.  Big doin’s around here.

 

STRINGS.  OK, if I included one chain restaurant, I might as well put in another, especially since I go there so often.  Strings is near the corner of 49 North and Bell Road in the KMart BestBuy shopping center.  I always order the same thing, and it might be the single-best dinner entre in Auburn.  Pasta Sienna.  $13.99 and worth it.  One of the things I like most about the Strings routine is that the server brings one big salad to the table, family style.  Quite charming.

 

WINGS.  This breakfast and lunch spot is out at the Auburn Airport.  Connie complains that it is too noisy, but Connie is very particular.  The coolest thing about Wings is that you can sit outside and watch the planes take off and land.  Typical Auburn prices.  $8-12 for lunch.

TRE PAZZI.  Here it is, the place you’ve been waiting for, Auburn’s best restaurant.  The name of this place translates as “Three Crazy Guys.”  It was started a couple of years ago by, guess what, three crazy guys, the most insane of whom happens to be a local realtor, go figure.  It is open for lunch, but everyone needs a dinner treat from time to time.  This is it.We save dining at Tre Pazzi for special occasions, not because it’s expensive, but because we don’t want to wear it out.  CJ’s favorite entre is the pappardelle con ragu di cinghiale ($15), which is a ragu of wild boar.  The insalata mista ($4)  is an exquisite little salad, fresh and light.  For desert you must try, I’m giving you no choice, must try the tre veluti ($5).  You  cannot eat this entire desert without getting a chocolate headache.  One evening four of us went to work on the tre veluti and came away satisfied.  Can you believe those prices?

 

If you are eating lunch in Auburn and need that coffee after-glow, head over to the best coffee shop in town to get your caffeine buzz.  DEPOT BAY COFFEE COMPANY roasts, grinds, and brews the best cup in town.  Nohing else comes close to Depot Bay.

Now, this is what a coffee house should look like!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Auburn Real Estate, First Quarter Comparisons, 2011 to 2012

said on May 5th, 2012 filed under: Auburn, Localism, Negotiating, Neighborhood Profiles, Real Estate Nuts and Bolts

Here is the analysis of Auburn, California real estate comparing the first quarter of 2011 with the first quarter of 2012.  For this study I have used only residential homes (one or two dwellings per parcel) and excluded raw land, commercial property, condominiums, and multi-units (duplexes, apartments, etc.).  I selected Auburn, Southwest of Auburn, Meadow Vista, and Christian Valley as the geographic areas for the comparison. I excluded the non-incorporated areas of Auburn that are north of the Bear River in Nevada County, thereby eliminating “South County” and Lake of the Pines.  The data was obtained from the Metrolist Multiple Listing Service.

FIRST QUARTER 2011

Here is the lowest priced house sold in the first quarter of 2011.

This property near downtown Auburn on Electric Street was listed for $79,900 and sold for $69,900 after being on the market for 85 days.  It s0ld for 87% of the asking price.  At 665 square feet it sold for $105 per square foot.

Here is the highest priced house sold in the first quarter of 2011.

For the past couple of years, the priciest homes in the Auburn area have been located in the Winchester Country Club near Meadow Vista.  This home was put on the market at $1,387,500 then reduced to $1,245,000 and sold for $1,165,000.  It was on the market for 59 days and sold for 94% of the listing price.  At 4142 square feet it sold for $281 per square foot.

FIRST QUARTER 2012

Here is the lowest priced house sold in the first quarter of 2012.

This property out on Mount Vernon Road  was listed for $59,900 and sold for $65,000 after being on the market for 25 days.  It s0ld for $5,100 above asking price.  At 1104 square feet it sold for $59 per square foot.

Here is the highest priced home sold in the first quarter of 2012.

 

As in the previous year, the priciest home in the Auburn area was located in the Winchester Country Club near Meadow Vista.  This home was put on the market at $899,900 and sold in 3 days for $900,000, a whopping $100 above asking price.  At 5288 square feet it sold for $170 per square foot

 

YEAR-TO-YEAR COMPARISONS FOR THE FIRST QUARTER

2011 number of houses sold     123

2012 number of houses sold     137

2011 average days on market     121

2012 average days on market     82

2011 average price per quare foot     $143

2012 average price per quare foot     $144

2011 %selling price/listing price     96.49%

2012 %selling price/listing price     97.18%

2011 average original price     $340,326

2012 average original price     $320,755

2011 average listing price     $309,455

2012 average listing price     $3o6,871

2011 average sale price     $298,610

2012 average sale price     $298,212

2011 median sale price     $259,500

2012 median sale price     $263,000

 

ANALYSIS

Houses sold a bit quicker in 2012 than in 2011, and a few more houses sold first quarter of this year than in 2011, but the cost of home buying was virtually unchanged.  You would have trouble finding a “flatter” market.  Inventory remains low, and lower-end houses priced at market value are snapped up quickly by first-time homebuyers and investors.  Interest rates have fallen even lower which makes houses more affordable, but lending requirements have tightened, knocking some marginally qualified buyers out of the market.

 

 

 

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Don’t Fret, I’ve Scouted Auburn’s Quarry Trail, and You Won’t Get Lost

said on May 3rd, 2012 filed under: Auburn, Fun Things to Do Outdoors, Localism, Running and Hiking trails

The 7 mile long Quarry Trail is just below Auburn, California, at the Confluence of the Middle and North Forks of the American River.  A true “loop trail,” it begins and ends at the same place along Highway 49 between Auburn and Cool.  What a name for a California  foothill town!  Cool.  Cool, California.  Quarry is a fun trail to run and quite scenic, especially toward the end, but you can get lost, or take several grueling detours, unless someone scouts it for you.  That’s why I’m going to expend some effort in giving you directions, including that all-important first direction:  how to find the trail head so you can get started.

Driving down 49 from Auburn,  you reach the bottom of the American River Canyon, turn right across a bridge, and begin the climb up toward Cool.  In less than a mile you will see a sign on your left at the entrance to car park.

Quarry Trail, Auburn, California

I don’t park here.  It costs ten bucks.  Forget that.  Pull in and turn around (very carefully) and go back down hill a hundred yards or so, and you will see very wide shoulders along the highway.  That’s where I park. Free.

Quarry Trail, Auburn, California

Take a deep breath and look around.  You can see the American River and the beautiful Foresthill Bridge that crosses it.

Now walk back up the highway.  Directly across from the entrance to the car park you will see a little spur trail running diagonally uphill.  Walk up that spur.

Quarry trail, Auburn, California

At the top you will find a convenient sign.  This is the trailhead for the Quarry Trail, at least the way I run it.  Stretch out here in the shade.  OK?  Let’s get to it!Quarry trail, Auburn, California

Quarry Trail is one of my “challenge trails.”  The running “difficulty level” is high, not extreme, but it will get your attention, especially the first half hour which is all uphill, not steep, but relentless.

Quarry Trail, Auburn, California

Pretty, isn’t it.  This is typical of the lower trail.  During the first mile or two, you will cross two small creeks.

You will see a sign inviting you on a side excursion up the Pig Farm Trail.  Don’t be tempted.  You have been warned.  The sign says “steep.”  That is trail runner code for YOU. WILL. DIE.

At this time of year, sunny stretches of the trail are lined with wild flowers.  AhhhhhhhCHOOOOO!

Run run run run.  Up up up up.  Be observant and by and by you will spot a sign on your left that promises you a short cut.  Take it.  By the way, “short cut” is trail runner code for “steep.”

This is a typical section of the Short Cut Trail . Looks a bit wilder, doesn’t it?  Yes, and also less churned up by horses.

 

Water bottle?  Yep, I am reminding you to take a drink of water when you get to the top of the Short Cut.  The top is  an otherwise nondescript section of the trail, but you will be glad to get there.  Guess what?  Your uphill work is done!  Now, run run run run.  Down down down down.  In less than a mile, the Short Cut trail will end.  If you go right, you will connect with the Olmstead Loop trail.  Don’t do that.  Olmstead is another adventure altogether.  Go left, toward Highway 49.  Be quiet and listen.  You can hear the traffic.

On this day, just before I got back to the highway, I spotted a couple of other runners in the meadow ahead.

Cross Highway 49, also known as the Cool-to-Auburn Grand Prix.  Be careful.  The drivers along this curvy, downhill stretch of 49 all think they are race car professionals.

Go through that gate where I have placed the red arrow and continue through the Quarry parking lot to pick up the trail on the other side.  It’s well marked.

Run run run.  Down down down.  You won’t get more than a peek of the Quarry, but you can hear the massive machines during this section of trail.  By and by, the trail will appear to end on a small gravel road.

Just bear right and keep going downhill.  The recognizable trail will begin again in just a few yards.

Now, pay attention.  Here is the place where it is easy to take the wrong turn.  Still running downhill, you will come to a very obvious fork.  Continue downhill, to the left,  as indicated in the photo below.  If you go uphill, toward the right, you will eventually come to Lake Tahoe . . . in about 92 miles.

Toward the bottom, you will begin to hear the Middle Fork of the American River.  You will also see lots of the much-despised scotch broom.

Soon the trail will end at the dirt road that parallels the river.  Make a hairpin turn back to the left and run along the road.  You will cross another little creek, it typically runs all season, by the way.

You are on the “civilized” final stretch of the loop.  The Middle Fork will rarely be out of sight, and never out of hearing.  You may have to share the trail with other birds of a feather.

There’s a turn off that goes up to the old quarry, now mostly reclaimed by Ma Nature and known as Cougar Canyon.  It’s called that because . . . well . . . mountain lions live there, one ancient lion, to be more precise, a scarred and unpleasant old warrior with a broken jaw and one fang that  juts out crazily from his lower lip.  Not surprisingly, he is called Snaggletooth.  Cougar Canyon is a beautiful and interesting side trip for another day.  Just be careful up there.  Keep your eyes open and stay alert.  By the way, I made up that stuff about Snaggletooth.  My little joke.  Just to see if you were paying attention.

You will see the ruins of the old bridge that crossed the river and connected to the Foresthill Road.

Here’s what’s left of a railway tunnel.

 

There’s an assortment of rusty artifacts if that kind of thing turns you on.

Keep your eyes peeled and looking to the left as you reach the ruins.  You’ll spot the entrance to the Hawver Cave.

I’ve never been inside, but I’d like to take a look some day.  They discovered lots of fossils of North American mega-fauna in there:  dire wolves, giant sloths, mastodons an so on, as well as Native American artifacts.  It’s kinda dark and spooky.

The final stretch is about a mile long.  It’s paved and right next to the Middle Fork.  You could take a thousand fabulous photographs during this last lap, but I’ll just give you this one,  typical and representative.

 

It is beautiful, and looks peaceful, but be very careful.  This river  killed a lot of people who underestimated it’s power, speed, and frigid temperature.  In fact, stay out of the river unless you know it well.  I have rafted on the Class 4 rapids further upstream, and I have great respect for the dangers of the Middle Fork.

Hey!  What’s that up ahead?  Highway 49.  The car.  We made it!

I hope you enjoyed your outing on the Quarry Trail.  See you on our next run through the Sierra Foothills!

 

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The Cheapest Real Estate in Auburn, California

said on April 28th, 2012 filed under: Auburn, Localism, Neighborhood Profiles

This is the lowdown, and I do mean “low,” on the Auburn Greens Condominiums in Auburn, California.  Consistently, these units are the most affordable housing in Auburn.  So what’s wrong with them?  I’ll get to that in a minute.  First, an overview.

Three hundred condominiums were built in the early 70s in northwest Auburn, along Highway 49, between Bell Road and Dry Creek Road.  The condominums, all built on the same design, are in 4-plex units that range from 803 to 922 square feet.  There is a downstairs unit, also called a #1 that is, according to many, to be the most desirable.

There is an upstairs unit, and two side units, both two-story.  Here is one of the two-story units along the side.

Here’s a view of the dining area and kitchen inside of one of the two-story units:

Some of them are upgraded, “tricked out,” as we say.

The “Greens” are touted as “entry-level” housing or “investment” properties.”  I suppose both of those claims have merit, but there are numerous problems: advanced  age and poor condition, high association fees, low rents, falling prices, and a down-and-out neighborhood with a long “tradition” of crime, burglary, vandalism, and violence.

Most of the units are 40+ years old, and showing their age.  Unless a unit has been recently re-furbished, I can tell you, without even going inside, that there are going to be water damage and dry rot issues in the bathroom wall nearest the shower head and in the bathroom floor.  These units, though built on concrete slabs, have a long history of subteranium termites.  Windows are shot, sinks leak, etc.  Once again, some of them have been glammed up with granite countertops, hardwood floors, new cabinets and so on, but those are the exception.

You can paint lipstick on a pig, but . . .

Oddly, there are TWO Homeowners Associations, cleverly called Association One and Association Two.  Both of them have, in my opinion, high association fees for what you pay, what you rent, and what you get for your money.  How does $180 a month sound?  Yikes.  That’s higher than Lake of the Pines (currently $175 a month) and you get a LOT for your money at LOP.

I’ve sold a couple of Auburn Greens units, though it was several years ago when the market was hot.  I sold one for about $140,000 and one for about $115,000.  Because some “tricked out” units were going for $190,000, we thought we were stealing these properties.  Now?  Hold your breath.  For the past year, they have been selling for about $50,000.  I just saw two units that were sold this year for $40,000 and $41,000.  Ouch. If you want one, you are going to pay cash, because nobody is going to underwrite a mortgage on these units.  Except “Sal.”  He’ll give you a “hard money” loan.  Don’t be late with Sal’s monthly “vig.”  Sal has a rent-collector named Guido who carries a baseball bat.

Rents followed prices downhill.  At the height of the market, these little condos were renting for $850-950 month.  Now?  $500 to $700 per month.

From these figures, we can do some easy investor math.   $50,000 cost (cash–no mortgage interest deduction), $700 month rent (high end), $180 month association fees, $100 month maintenance and management fees, property taxes, taxes on the income..  Unless you are looking to show a loss on your tax returns, these units are not worth your time and energy.

First time buyers, entry-level buyers.  Auburn Greens can be rough and tumble, not the place, in my opinion for the elderly or to raise kids.  My advice.  Rent cheaply somewhere else, save your money for a down payment, buy a better home in a better neighborhood.

 

 

 

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Cheap Homes in Auburn, California? Gone, Baby, Gone.

said on April 3rd, 2012 filed under: Auburn, Localism, Negotiating, Real Estate Nuts and Bolts

If you were hoping to buy a ticket on the Cheap Home Cruise of Auburn, California, you may be left standing on the dock, because, baby, that ship is putting out to sea.

Four days ago, a “nice enough” little house came on the Auburn real estate market.  It was on the smallish side, about 1300 square feet.  The kitchen had to be redone because you couldn’t open the fridge door without it slamming into the range, nor open the back door without it slamming into the sink.  Totally dysfunctional.  Modest neighborhood, nothing special.  About the best you could say about this house was that it was “kind of cute” and “in pretty good condition.”

By the end of the second day, the listing agent had 28 offers.  TWENTY EIGHT offers.  So overwhelmed, the seller (a bank!) ordered him to put the house in “pending” status just to stop the feeding frenzy.  To the 28 hopeful buyers, the listing agent sent those dreaded words, “highest and best offer by 5PM today.”  No second chance.  Do or die.

My clients came back with an all-cash offer $5,000 above asking price.  We never stood a chance.  The final number won’t be known until escrow closes, but I have been able to learn, through the fine art of real estate espionage, that the winning offer was at least $75,000.  Above asking price.  Yes, you read that right, $75,000 ABOVE ASKING PRICE.

So what did you learn from this fiasco?

The real estate market, at least the market in Auburn, California, is changing rapidly.  No, that’s not quite right, the market has already shifted dramatically.  You are just learning about it now.

 

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Shipshape Home at Lake of the Pines

said on March 24th, 2012 filed under: Auburn, Lake of the Pines, Localism

 

 

Crisp, clean, with numerous upgrades, ready to sail.  A sea-worthy seller will work with you for a smooth voyage, not a short sale “negotiator” who will steer you onto the rocks like the drunken captain of an Italian cruise ship.

 

Golfers will enjoy this excellent and convenient location.  The attached golf cart garage opens onto a pretty path that leads up and over a knoll and down onto the second fairway.

But, the course is far enough away that the home remains private and quiet.  The house cannot be seen from the course,
and the golfers cannot be heard from the house. Golf balls will not crash through the plate glass windows or konk the kids on the head.

There is plenty of space in the back yard for the kids to play, or for grownups to hang out in the shade. When you add in all of the superb Lake of the Pines amenities, this comfortable home is an excellent value.

  • 1953 Square Feet
  • 1/3 acre
  • 3 bedrooms
  • 2 and ½ baths
  • golf cart garage

 

 

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