A Recovering Real Estate Market !   

 Hi my name is Andi Wagner together with my business partner Craig Jones and his son, Cameron Jones we provide you with the best of both worlds in relation to all of your Real Estate and Lending needs! We are three Full Time Agents. 

While the Market  Recovers !   Lenders are returning to make loans smarter, relying on smaller returns from traditional mortage products instead of 10-12 percent returns on sub-prime markets. The wall street types ,"Gambled and Lost"

New Housing Starts are Dropping, no new news here, this is simply the market adjusting to normal supply and demand.

 Foreclosures, 41 percent increase in Foreclosures nationwide. These resulted from heavy Real Estate purchases in AZ,CA,FL and NV. Primarily investors, (Flippers), "They Gambled and they Lost" "Their Loss is a New Buyers Gain"

Short Sales- The United States Congress passed new laws that give debt forgivness, (taxable income), to sellers who sell short, President Bush made it official in December of 2007: also lenders may modify current loans to avoid foreclosure!

New Jobs & Growth for Placerville, Camino and Pollock Pines! The Shingle Springs Rancheria Casino in Shngle Springs will create 1,500 new jobs and be completed by October of 2008 it will be the single largest employer in El Dorado County! Lowes hardware Store and a New Target Department store are be planned for development in Placerville for 2008. The Hwy 50 corridor is being opened up for easier passage to and from the Lake Tahoe, Nevada and the Greater Sacramento areas. In Placerville the Hilton Garden Inn and an $18 million, 109 room Holiday Inn Express and Suites are being marketed as the gateway to Apple Hill , the Holiday Inn Express should be completed by January of 2009, it will also include a gas station and a 9,600 Sq. Ft. Deli and market located north of Point View Drive, Exit off hwy. 50.

            Does This Sound Like a Declining Market ? 

Bottom Line- 2008 represents the best window that buyers and speculators have! The recovery has started locally! First time buyers and investors have been pent up for properties-Falling interest rates will subside as the market continues to improve. As the market improves, interest rates will rise and reluctant buyers will price themselves out of the market!

If you need to Sell your Home - Price it right ! Take advantage of the current market and "become a buyer". Invariably your payments will be less and you will pay less property tax than you would by waiting for the market to rise and purchase a home for a higher price and have higher payments and higher property tax bill !

            It is Not Just the Market

             It is How you Market !

 IF YOU ARE THINKING OF SELLING YOUR HOME: You will love the resources available on our website in relation to the marketing of your home.

IF YOU ARE THINKING OF BUYING A HOME: You will love our e-mail alerts of new listings and price changes that keep you up to date on the  current  market ,in the areas you are most interested in finding a home.

But these will never replace the time we spend with you, serving as your personal guide through this exciting process!

Let's get together and talk about your home buying and/or selling plans. Call us at the office (530-644-6700) or on our cell phones (916-717-2755) or send us an e-mail (andiandcraig@yahoo.com), we'll set-up a time that is easy and convenient for you to meet.

Please take the time to fill out the Loan application if you are interested in becomming pre-qualified to buy a home ..

We look forward to meeting you!

 Sincerely, Andi Wagner and Craig Jones . 

P.S. If you're not ready to meet in person, please tour through our website. I'm sure you'll find the resources here useful and helpful. Enjoy!