All posts by jd

Real estate broker, civil engineer and general contractor.

Foreclosure Activity Back on the Rise

danger-ahead-funny-sign

Foreclosure filings—which include default notices, scheduled auctions, and bank repossessions—increased 2 percent in May, rising from a 75-month low in April, according to the latest foreclosure report from RealtyTrac. Still, foreclosure filings are down 28 percent from a year ago.

The May increase was largely attributed to an 11 percent increase in bank repossessions. Foreclosure starts also ticked up 4 percent in May over last month, with 26 states posting increases, according to the report.

“Foreclosure activity continued to bounce back in some markets where it may have appeared the foreclosure problem had been knocked out by an aggressive combination of foreclosure prevention efforts over the past two years,” says Daren Blomquist, vice president at RealtyTrac. “Places like Nevada, where foreclosure starts increased to a 20-month high, and Maryland, where overall foreclosure activity increased to a 33-month high. Still, the emerging housing recovery has strengthened most local markets enough to quickly shake off a few more blows from these nagging foreclosures.”

The top foreclosure rates in the country were in Florida, Nevada, and Ohio. Florida saw a 20 percent increase in foreclosure activity in May, accelerating it to the highest foreclosure rate in the country for the month. One in every 302 Florida households received a foreclosure filing in May—nearly triple the national average.

After 27 months of decreases, Nevada foreclosure activity rose in May, with one in every 305 households receiving a foreclosure filing. The increase was driven by an 81 percent year-over-year increase in foreclosure starts, which reached a 20-month high in May, RealtyTrac reports.

Ohio posted the third-highest foreclosure rate in the country, where one in every 584 households received a foreclosure filing during May. Still, that’s a 27 percent decrease from a 31-month high the state reached in April.

Source: RealtyTrac

 

 

Enhanced by Zemanta

Nevada County Fair Competition Handbook Now Available

Winner of the 10th annual Gingerbread House Competition at the Country Christmas Faire Best of Show winner Wanda Dunn of Penn Valley
Winner of the 10th annual Gingerbread House Competition at the Country Christmas Faire Best of Show winner Wanda Dunn of Penn Valley

Book includes all the information you need to enter exhibits in this year’s Fair 

The Nevada County Fair’s Competition Handbook, which includes all the information you need to enter exhibits in this year’s Fair, is now available. If you can make it, bake it, grow it or show it, there is a category for you – and it can be found in the Competition Handbook!

Why not showcase a talent, a project, a cooking skill, or a special collection. Try one of the traditional categories like baking cookies or entering a prized photo; or one of the specialty contests designed specifically for this year’s Fair theme of “Under the Big Top,” like creating a circus train car out of a shoe box.  Or, enter one of the specialty food contests for adults – held each day of the Fair. There are also lots of special contests like the Squash Mobile Races, Rain Gutter Regatta, and the Idol Competition. The Competition Handbook is filled with hundreds of categories for children and adults.

Copies of the free handbook are available at the Fairgrounds’ Office, Chamber of Commerce offices, county libraries, Raley’s, or on-line at www.NevadaCountyFair.com.

It’s easy to enter! Look through the book, pick your favorite categories, and follow the simple steps for completing the entry forms. You can even enter on-line at www.NevadaCountyFair.com.   This year, there won’t be any entry fees for most categories (yes, it’s free!), you can enter on-line or at the Fair office, and there will be some great prizes!  The deadline for submitting paper entry forms and on-line entries is July 19 at 4 pm.

This year’s Competition Handbook also contains information about discounted Fair tickets available now through August 6, discount days at the Fair, and nightly arena events.

The 2013 Nevada County Fair is August 7 – 11. For more information, visit www.NevadaCountyFair.com or call (530) 273-6217. You can also follow the Fairgrounds on Facebook at “Nevada County Fairgrounds.”

Wendy Oaks
Publicist, Nevada County Fairgrounds
(530) 273-6217

wsoaks@gmail.com

Website: www.NevadaCountyFair.com
Facebook: Nevada County Fairgrounds

Nevada County Fair                          August 7 – 11, 2013
Draft Horse Classic                            September 19 – 22, 2013
Halloween at the Fairgrounds      October 26, 2013
Country Christmas Faire                  November 29 – December 1, 2013

 

Please help to keep this blog going
Let me sell or help you buy your new home or land

John J. O’Dell Realtor® GRI
O’Dell Realty
(530) 263-1091
Email John

DRE#00669941

Enhanced by Zemanta

More Home Owners Regain Long-Lost Equity

Photo credit: http://xaxor.com/funny-pics/funny-crazy-real-estate-signs.html
Photo credit: http://xaxor.com/funny-pics/funny-crazy-real-estate-signs.html

Rising home prices are helping to propel more home owners back into positive equity. About 850,000 residential properties returned to positive equity during the first quarter of 2013, according to new data released by CoreLogic. That brings the total to 1.7 million borrowers who have regained positive equity in the past year.

In total, 39 million residential properties now have positive equity.

“The negative equity burden continues to recede across the country thanks largely to rising home prices,” says Anand Nallathambi, president and CEO of CoreLogic.

By the end of the first quarter, 19.8 percent of all residential properties with a mortgage — or 19.7 million — still had negative equity. At the end of the fourth quarter of 2012, 10.5 million or 21.7 percent of residential properties were underwater.

The states with the highest percentage of negative equity properties are:

  • Nevada: 45.4% of the properties there are still underwater
  • Florida: 38.1% underwater
  • Michigan: 32% underwater

Please help out to keep this blog going
Let me sell or help you buy your new home or land

John J. O’Dell Realtor® GRI
O’Dell Realty
(530) 263-1091
Email John

DRE#00669941

Source: “CoreLogic: Nearly 1 million houses float back into positive equity,”

Enhanced by Zemanta

Incredible Speed Flying Mont Blanc

httpv://vimeo.com/36398302

The above video was shot twice, the morning video had to be scrubbed because one of the speedriders crashed into the mountain in the morning.

Speedriding or SpeedFlying, what ever you want to call it, looks impressive and thrilling to say the least!

Speed flying is a unique hybrid sport that has combined elements of paragliding, parachuting, and even skiing to create a new sport. Like paragliding, Speed flying is done by launching from a slope with the wing overhead, already inflated by the incoming air. The main difference between speed flying and paragliding, is that speed flying is meant to create a fast, thrilling ride close to the slope, while the point of paragliding is usually to maintain a longer, gentler flight. The fast landing technique for Speed wings is similar to that used in parachuting. However, parachuting or skydiving is done from a plane or fixed object (BASE jumping), and the wing is designed to arrest the free fall. Newer designs of hybrid-wings (also called mini-wings) are now being produced to allow a high speed “hike and fly” from mountainous areas. They can be soared in strong laminar winds and thermalled similar to paragliders, and may also be trimmed for a more traditional Speed flying descent.

Because of the fast flight speed (30–145 km/h or 20-90 mph), and close proximity to the slope and obstacles, injury and death are considerable risks in this sport. Over 25 pilots have already suffered fatal injuries worldwide since 2006. Also, because of its small size and high wing loading, the wing responds quickly to little pilot input which makes professional instruction very important. However, the high velocities help the glider remain pressurized and resistant to collapse even in turbulent conditions. Proper equipment such as helmets, padded harnesses, and reserve parachutes can help reduce injuries. Advanced wing and ski training, and thorough knowledge of site conditions and hazards are imperative to practicing this sport safely.

Even if provoked, a collapse would open fast without much disturbance. So if you start and land on skis, stay away from the terrain during the flight and work a bit on your landing technique, then you could try one of  these mini-wings with a relatively low risk (but still with great fun!)
The problems only begin when you go from Speedflying (staying above the ground) to Speedriding (Touch and Go’s with your skis) as very good judgment is needed how your glide path will come out, wether you will make it over that rock or tree or wether you might hit the ground in a curve etc.  Great caution and discipline is necessary: you should learn to know your wing step-by-step, before you start to touch the ground more often.

Anyhow, good luck, I don’t think I want to start speedriding, what do you think?
Please help out to keep this blog going
Let me sell or help you buy your new home or land

John J. O’Dell Realtor® GRI
O’Dell Realty
(530) 263-1091
Email John

DRE#00669941

Enhanced by Zemanta

If You Are A Home Buyer, You’ve Missed The Boat on Low Interest Rates

Photo credit: http://crappyshack.com/?paged=
Photo credit: http://crappyshack.com/?paged=2

|

Mortgage rates and home prices are on the rise, and some home buyers who were waiting around for the housing market to reach bottom are realizing now they may have missed the boat.

Mortgage rates are inching up, with the 30-year fixed-rate mortgage averaging 3.91 percent last week — up from 3.3 percent in early May, according to mortgage giant Freddie Mac.

“It’s unlikely that rates will ever be that low again,” says Doug Duncan, Fannie Mae’s chief economist.

The Fed has been keeping interest rates at record lows by buying up to $85 billion a month in Treasury bonds and mortgage-backed securities, which has helped bolster the housing market.

“Up until recently, expectations were that the Fed would begin to taper purchases of mortgage-backed securities and Treasury bonds late in 2013, but that time frame appears to have moved to September, possibly sooner,” says Keith Gumbinger, vice president of HSH.com, a mortgage information company.

As the economy continues to gain traction, interest rates are expected to continue to increase, Gumbinger says, since low rates often are associated with a distressed economy.

But even if mortgage rates move up a percentage point or two, housing experts note that mortgage rates will still be low by historical standards.

“The 30-year [mortgage rate] hit a 37-year low in 2003 at 5.23 percent,” Gumbinger says. “That was the previous low-watermark prior to this financial crisis, and it’s likely we will move closer to that mark as we grind forward.”

Source: “Why You Missed the Boat On Record-Low Mortgage Rates,” CNNMoney (June 6, 2013)

Please help out to keep this blog going
Let me sell or help you buy your new home or land

Please help out to keep this blog going
Let me sell or help you buy your new home or land

John J. O’Dell Realtor® GRI
O’Dell Realty
(530) 263-1091
Email John

DRE#00669941

Enhanced by Zemanta

Are You Ready for Google Reader’s Demise?

httpv://youtu.be/_GNuP06Kfp0

Video: Google Reader Shutting Down! How To Export and 7 Alternatives

The announcement earlier this spring that Google would be shuttering its news aggregation and RSS service (known as Google Reader) prompted tech bloggers and readers at Lifehacker to chime in with worthy, free alternatives.

  • The Old Reader might be the best alternative for Google devotees who don’t like change. Users can sign in via Google, but the similarities don’t end there. The app even “looks a lot like Google Reader… You get many of the same keyboard shortcuts, and even get the same ability to follow other Old Reader users and share interesting stories with them—the way you used to be able to with Google Reader,” writes LifeHacker’s Alan Henry.
  • NewsBlur is described as the alternative reader that is “more fun” and “easy on the eyes” than its counterparts. Be aware that free accounts are capped at 64 blogs, 10 stories at a time, and by specific public sharing options. The pro version is relatively inexpensive though, at just $24 a year.
  • Feedly is a reader favorite at LifeHacker for its layout options, rich social experience, and clever news suggestion algorithm. But if you’re looking for a web app, you may want to look elsewhere; Feedly is really more of a browser add-on, unless you’re reading on a mobile device.
  • Netvibes is for the Google Reader user who catches up on their computer. While they have mobile sites, the full, editable dashboard does not come in a truly mobile version. But if you’re looking for a new homepage to greet you each morning, this might be the one. The dashboard includes neat widgets for weather, finance, and news.
  • Pulse will satisfy your inner designer. Praised by the late Steve Jobs and winner of the coveted Apple Design prize, this reader and news aggregator will help you track your current feeds within an appealing user experience. Pulse’s algorithm is also praised by Lifehacker for being “great at lifting the interesting stories to the top” and finding other news you might be interested in.

Each of these products includes the option to import your existing Google Reader feeds. But Lifehacker also put together a handy guide to exporting your Google Reader data, if you should run into any problems doing so.

Source: “5 Best Google Reader Alternatives” (March 17, 2013)
Please help out to keep this blog going
Let me help you sell or buy your new home or land

John J. O’Dell Realtor® GRI
O’Dell Realty
(530) 263-1091
Email John

DRE#00669941

Enhanced by Zemanta

5 Deck Makeover Projects Under $300

httpv://youtu.be/zBWuHbRWgpc
By: John Riha

Published: July 2, 2012

Want to upgrade your deck but watching your budget? Here are 5 easy deck makeover ideas, many well under $300.

You won’t have to plug them in or wire anything, either. Their solar-charged batteries are renewed every day, and the lights are built to withstand all kinds of weather.
Types and cost:

  • Paper lanterns (made from synthetic, weatherproof nylon; $20-$30) are made for hanging and come in all sorts of fun shapes, sizes, and colors.
  • Carriage lights can be fixed on top of a pillar or railing newel post. $45-$150.
  • Solar illuminated replicas of old-fashioned mason jars can be set on any flat surface, about $35.
  • Rope lights have small LED bulbs inside a flexible cord. A 25-foot-long rope with solar charger and stand is $25.

2. Install a stone landing at the foot of your deck stairs

3. Put up a privacy screen
4. Paint a faux floor rug on your decking
5. Wash and refinish your wood decking


2. Install a stone landing at the foot of your deck stairs

Dress up the transition from your deck to your yard with a little hardscaping — a stone landing at the bottom of your deck stairs. Stones are a natural compliment to wood decks, and they’ll help prevent mud from forming where there’s heavy foot traffic.

Cost: Flagstone is priced by the pound; you’ll spend $60-$100 for enough stone for a 3-by-4-foot landing.

How-to: Techniques for installing a landing are the same as putting in a patio, although you’ll have to temporarily support your existing stairway while you work around — and under — it.

What else: You should be able to add a landing in less than a day. It’ll get done faster if you hire a pro, but it’ll cost you another $150-$200 in labor.
3. Put up a privacy screen
Whether you’re relaxing alone au naturel or entertaining friends, a little home privacy is always welcome. You can add some vertical supports and fill in a variety of cool screening materials that are as nice for your neighbors to look at as they are for you.

Types and costs:

  • Bamboo fencing comes in a 6-by-16-foot roll for $20-$25.
  • Lattice panels are either wood or plastic, $15-$30 for a 4-by-8-foot panel.
  • Grow climbing plants on a trellis ($20-$100) to create a living privacy screen. Plant climbing vines in tall containers ($40-$120) to raise them above the deck surface and give them a head start filling in your screen.
  • Outdoor fabric resists moisture and fading; $12-$120 per yard. You’ll pay another $20 to have a seamstress cut and hem a 3-by-5-foot panel.

How-to: Your privacy screen should integrate with your deck; make the framework using the same basic materials as your deck railing and structure.
What else: Make sure to position your privacy screen where you’ll get maximum benefit. Sit on your deck and check your lines of sight.

4. Paint a faux floor rug on your decking

httpv://youtu.be/e2JDw09zr2c

Punch up a boring old deck with a faux rug. This is a fairly low-cost project with a big wow factor, and one you can share making with your (well-behaved) kids. It works best on a newly cleaned deck (see below.)

Cost: Most of your cost will be deck stain or paint in various colors. Because you won’t be using that much stain per color, you can buy quarts. Figure $15-$20 per quart.

How-to: Figure out a size, sketch out the design on your decking, and then all you have to do is paint or stain between the lines. You can use painter’s tape as a guide, but a little leakage is likely on a wood decking surface.

5. Wash and refinish your wood decking

httpv://youtu.be/FqrR37PvqHE

The ultimate deck makeover is none other than a good cleaning. Applying a coat of deck sealant afterwards ensures your wood decking looks great and will last for decades.

Cost: There are many brands of deck cleaning and brightening solutions. Some require the deck to be wet; others need the decking to be dry. Some are harmful to plants and you’ll have to use plastic sheeting to protect your landscaping. Consult the instructions carefully.

You’ll pay $15-$25 per gallon, enough to clean 300 sq. ft. of decking.

How-to: Scrubbing with a good cleaning solution and rinsing with a garden hose is more foolproof than scouring your decking with a power washer that may damage the surface of the wood.

Looking for a Building and Design Contractor?

Call John J. O’Dell
O’Dell Construction
Quality Building since 1971

(530) 263-1091
Email Quality Building & Design
State Contractors License 261854

Enhanced by Zemanta

Scramento Home Winemakers June Jubilee Roaring Sucess

Judging wine at the Sacramento Home Winemakers June Jubilee
Judging wine at the Sacramento Home Winemakers June Jubilee

The Sacramento Home Winemakers June Jubilee was a roaring success with 121 wines judged and over 100 members and their families attending.  They had 13 cellar rats (they are the ones that pour the wine for the judges) a couple of data gurus and twelve judges.

All this was held in Judy Pinegar’s barn in Loomis, CA.  With the weather at 100 degrees, thanks has to be given to BBQ chefs Joe McGilivray and Manual for their great barbeque skills. After the judges swirling, sniffing and tasting, 4+ hours and 24 flights later, the gold wines emerged and were lined up for the Best of Division rounds that included 14 reds.

When the best of show was completed, and the competition was stiff, the judges remarked that Sacrmento Home Winemakers  were some of the best that they have judges. Wines judged included lively whites, beautiful roses, unusual red blends, outstanding petite sirahs, creative fruits and desserts; a flight of 8 well-crafted tempranillos and fruit intense blackberry wines.

Chief Judge Mike Touchette, assisted by Jubilee Coordinator Judy Pinegar and Assistant Coordinator Shannon Shackelford, announced the winners.

Best of Show – Dave Hicks, 2012 Viognier (Judy Pinegar to the left in the picture)
Best of Show – Dave Hicks, 2012 Viognier (Judy Pinegar to the left in the picture)

Best of Show – Dave Hicks, 2012 Viognier (pictured above)

Best of White – Dave Hicks, 2012 Viognier

Best of Rose/Blush – Carl Sweet, 2012 Primitivo

Best of Red – Terry Piazza-Perham, George Smith and Roberta Sparkman, 2011 Petite Sirah

Best of Fruit/Exotic – Rex Johnston and Barbara Bentley, 2012 Wild Blackberry

Best of Dessert – Donna Bettencourt, 2009 Blackberry Port

A complete list of awards can be found at this link:  2013 Jubilee Awards.

Check out Jubilee photos on Sacramento Home Winemakers facebook page.  More Jubilee photos to be added to this web site soon.
Please help out to keep this blog going
Let me sell or help you buy your new home or land

John J. O’Dell Realtor® GRI
O’Dell Realty
(530) 263-1091
Email John

DRE#00669941

Enhanced by Zemanta

Nevada County Fairgrounds Draft Horse Classic to be Featured on RFD TV

  

Dan Simpson - Photo courtesy of Nevada County Fair

Dan Simpson – Photo courtesy of Nevada County Fair

Segment to air on Friday, June 7, and Saturday, June 8

This weekend, Rural Heritage will feature a ½ hour program on the annual Draft Horse Classic held at the Nevada County Fairgrounds. The segment on the Draft Horse Classic will air on Friday, June 7, at 11 am, and again on Saturday, June 8, at noon, Pacific Time, on RFD TV.

The segment will feature the Draft Horse Classic, which has become the premier Draft Horse Show in the Western United States.  The footage covers the 2012 Classic, including the various competitions, interviews with participants, Harvest Fair activities, and lots of close up shots of the stars of the show – the beautiful Draft Horses.

This year’s Draft Horse Classic is September 19 – 22 at the tree-covered Nevada County Fairgrounds in Grass Valley. Tickets are on sale now, and can be purchased by calling the Fairgrounds Office at (530) 273-6217 or visiting the Fairgrounds’ website at www.NevadaCountyFair.com

Wendy Oaks
Publicist, Nevada County Fairgrounds
(530) 273-6217

wsoaks@gmail.com

 

Website: www.NevadaCountyFair.com

Facebook: Nevada County Fairgrounds

Nevada County Fair                          August 7 – 11, 2013

Draft Horse Classic                            September 19 – 22, 2013

Halloween at the Fairgrounds      October 26, 2013

Country Christmas Faire                  November 29 – December 1, 2013

 

Please help out to keep this blog going
Let me sell or help you buy your new home or land

John J. O’Dell Realtor® GRI
O’Dell Realty
(530) 263-1091
Email John

DRE#00669941

Enhanced by Zemanta

Performing Giraffes Flying Through the Air

httpv://youtu.be/uFxnBrO9n7o

Simply amazing what can be done with modern photography.  Remember when it was said, seeing is believing?  Well, I can assure you that is not true anymore. I hope you enjoy this video as much as I did.

Short film by Nicolas Devaux. Produced by Cube Creative Productions & Orange.
With the participation of Arte, the support of the City of Paris and the partnership of CNC.

 

Please help me to keep this blog going

Let me help you in buying or selling real estate

John J. O’Dell Realtor® GRI
O’Dell Realty
(530) 263-1091
Email John

DRE#00669941

Enhanced by Zemanta