Amador County

Today's Real Estate Market Explained Through 4 Key Trends

Today's Real Estate Market
Explained Through 4 Key Trends | MyKCM

As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here's a look at four key components that are shaping this unprecedented market.

A Shortage of Homes for Sale

Earlier this year, the number of homes available for sale fell to an all-time low. In recent months, however, inventory levels are starting to trend up. The latest Monthly Housing Market Trends Report from realtor.com says:

In June, newly listed homes grew by 5.5% on a year-over-year basis, and by 10.9% on a month-over-month basis. Typically, fewer newly listed homes appear on the market in the month of June compared to May. This year, growth in new listings is continuing later into the summer season, a welcome sign for a tight housing market.

This is good news for buyers who crave more options. But even though we're experiencing ...

Helping Amador County: Interfaith Food Bank

How you can help give back to those that give the most.

amador county food bankFor the Interfaith Food Bank of Amador County, the year 2020 was a year of many struggles, and thanks to support from our community, even more triumphs. Despite taking on an almost 20% increase in the number of clients they serve, they also had to persevere with a lack in staff. Normally, Interfaith logs about 20,000 volunteer hours annually. But for obvious reasons, 2020 saw only 6,400 volunteer hours logged. So, how did this local food bank manage to provide to over 14% of the population of Amador County last year? Because those are the results of people who care:

“We’re serving clients as we always have for the last twenty years, but we’re doing it a lot differently now,” said Beth Stanton, the Executive Director of the Interfaith Council of Amador, who has been running the food bank for over four years. “We used to have our clients come in to our lobby and sit down, have coffee, maybe a cookie, and we would talk with them—in addition to giving them groceries.” Now, their only focus is making sure that food gets to the people that need it. And that’s no easy feat when you have a staff of 4, only 4-5 national guards helping out, and a handful of volunteers that have only just begun to trickle back in due to the pandemic.

During 2020, Interfaith provided over 1,450,000 pounds of food to 2,140 families (that’s 5,238 individuals), bringing them food multiple times a month. Over half of those helped were children and seniors. However, when it comes to helping the children in our county, Interfaith could always use more assistance: “We...

AMADOR COUNTY REAL ESTATE MARKET BOOMS AMID CORONAVIRUS PANDEMIC

SURPRISE: AMADOR COUNTY REAL ESTATE MARKET BOOMS AMID CORONAVIRUS PANDEMIC

AVERAGE HOME PRICES SKYROCKET 13% IN AMADOR COUNTY.  QUEST FOR HOMEOWNERSHIP STRONGER THAN EVER, ESPECIALLY AMONGST URBAN BUYERS SEEKING RURAL, GOLD COUNTRY LIVING.

2020 will always be remembered as an incredibly challenging year in which COVID-19 seemed to shut down the world. However, you may be surprised to learn that our local residential real estate market boomed in 2020.

Despite the challenges presented by the pandemic, the Amador County housing market was a shining star in 2020 as average home prices skyrocketed 13%. While few people would have expected this (especially during the first few months of the pandemic when the real estate market and economy came to a grinding halt) the Gold Country real estate market came roaring back in late Spring and early Summer and hasn’t shown any signs of slowing down. 

WHY IS THE GOLD COUNTRY REAL ESTATE MARKET SO STRONG?

From our perspective, the biggest driver has been the state and county’s requirement to “shelter in place” which has forced people everywhere to spend a lot more time at home. As days turned to weeks, and weeks turned to months, that extended time at home caused many people to re-evaluate their living situation and priorities. During this time of self-reflection, consumers seemingly placed a significantly greater value on the importance of a home and its new meaning as a place to live, love, relax and work. Additionally, as people were going through this period of self-reflection, employers (especially those in the San Francisco Bay Area) were also adapting to the pandemic and allowing their employees to work from home — many on a permanent basis.

As a result, people...

Motivate Fitness, Amador County - Gold Country Small Business Profile

motivate amador county fitness

Gold Country would be nothing without its small businesses, and we would personally like to shine the spotlight on a small business that is a big part of our community. This month, that spotlight goes to Motivate Personal Fitness Academy (“Motivate”), a Premier Affiliate TRX™ facility located in Sutter Creek. Owner Dominic Vicari’s roots run deep in the Gold Country, raised by a multi-generational Amador County family. Since he opened Motivate in 2014, his small business has stood out as one of the Gold Country’s best.

Vicari discovered his passion for the industry during his own personal fitness journey. After learning the benefits of a physically and mentally healthy lifestyle, he became inspired to help others do the same. At the age of 19 he became a personal trainer, and now maintains a “Level 3 Certification” in personal training with TRX Company, an achievement held by only 1% of fitness trainers in the nation.

After working for a private training studio locally, Vicari had garnered enough experience to set out on his own. In 2014, he opened Motivate Personal Fitness Academy. Vicari and his team just refer to the studio as “Motivate” – because that’s what it’s all about.

“I’ve made it a point to get well-connected throughout the country and further my education from the best in the industry,” Vicari said. “With that came an understanding of where our industry is moving. At the time, we [personal fitness trainers] just worked out the apparently healthy and helped them feel better. Where our industry is going, we are actually more a part of the healthcare team.” Vicari...

Gold Country Homeowners - Prop 19 is BIG News

gold country prop 19 moving homes

Proposition 19 was approved by voters in November of last year, but it will soon take effect. Many Gold Country homeowners have expressed interest in this new proposition since they could be eligible for fairly significantly property tax savings when they move, especially if they have lived in their home for some time and the value of their home has increased substantially since it was originally purchased.

A PRACTICAL EXAMPLE OF PROPOSITION 19 

Before Proposition 19, if Barry Buyer bought a home in 1975 for $200,000 and the property was now worth $1 million, Barry may have resisted selling even if the house was too large and climbing the stairs in his multi-story home had become too much for his knees. To sell and downsize to a smaller home worth $500,000, Barry would wind up paying more than twice the property taxes he was paying, and he’d be taxed on the $500,000 tax base rather the $200,000 base in his current home. For this costly reason, Barry stayed in his home despite really wanting to sell. Under the newly passed Prop. 19, Barry is now free to sell his home and buy another home anywhere in California that is valued at $1 million or less and have his same tax base ($200,000). This represents a tremendous savings and removes one of the major barriers that prevented Barry (and many long-time homeowners in California) from selling his home and moving.

While the final details of this proposition are still coming together, we wanted to share the latest information with you which we recently received from the California Association of Realtors....

Exploring the Back Roads of Amador County

Exploring The Back Roads Of Amador County

Looking for some recreational fun in the Gold Country that combines exercise in a beautiful setting with a little bit of California history?  Come and experience what has, until now, been a well-kept local secret – the back roads that connect the picturesque mining towns of Sutter Creek, Drytown, and Amador City.

Just the names of the roads evoke thoughts of days gone by; New Chicago Road, Mayflower Road, String Bean Alley…  As you walk, bike, or jog on these quiet roads, you’ll pass by old mines including the remnants of Bunker Hill Mine, Keystone Mine, Treasure Mine, and the headframe of the Fremont Mine where, if you look closely, you may spy an eagle’s nest.  Explore the Oak Knoll Cemetery along Bunker Hill Road or keep an eye out for the Dynan Monument, located in the midst of a pasture underneath an old twisted fig tree.

Sound interesting?  To get more information and suggestions on how you can explore Amador County’s historic byways drop by the City of Sutter Creek Visitor Center or pay them a visit on Facebook.

For information on buying or selling a home or land in Sutter Creek, Amador City, Drytown or elsewhere in Amador County, give me a call at 209 404-3707...

In Search of the Perfect Breakfast in Amador County

Ask me what my favorite breakfast / brunch place in Sutter Creek is and I’d tell you hands down that it is a hip little eatery called Element.  Give me a sunny day, good company and a little bit of time and you’ll find me on Element’s patio soaking in the ambience of Sutter Creek with my friends, clients or maybe even on my own.

 I love Element’s laid back sophistication in both décor and cuisine. On a chilly morning I like to warm up with an espresso from the coffee bar or have what I call a “breakfast salad” (in reality it is an awesome Bloody Mary).  Couple that with one of Element’s breakfasts and you can’t go wrong. Whether you choose a Fiddletown Stir-fry, Gold Country Cakes, a Motherlode omelet, the All Sutter Creek, or my son’s personal favorite - the Pan of Gold, you are guaranteed to get a thoughtfully prepared meal made with the choicest ingredients.

 If you are visiting our area for fun or, perhaps, doing a little house hunting, the Hanford House Inn, which is adjacent to Element, might make a great base of operation for you.  Get a good night’s sleep at the inn and enjoy a great breakfast at Element before beginning the day’s activities.

 Stay tuned to my blog for more suggestions of great places to eat and interesting things to do in the Gold Country.  Being a native Amador County girl I know them all!

 And, as always, if you are planning to ...

New Development in Plymouth/Shenandoah Valley

Happy New Year!  It looks like 2017 will be another great year for real estate in the Gold Country.  I’m especially excited about a new community that is being developed in the heart of the Shenandoah Valley Wine Country and would like to share a few details with you.

 Located in the hills outside of Plymouth, CA this planned neighborhood is currently in its first phase of development – offering you a great opportunity to choose your lot and have a thoughtfully designed luxury home built to your specifications. A variety of plans are available, and most have loads of options for customizing.  Properties for sale begin in the low $500s.  Included in the community are plans for three neighborhood parks, hiking trails, and 100+ acres of dedicated open space. 

 If you’d like to take a look at the homesites in this stunning Shenandoah Valley/ Plymouth subdivision and check out the house plans that have been specifically designed for the location, give me a call at 209 404-3707.   I’d welcome the chance to represent you!

 Whether you are thinking about buying or selling a home in Amador’s Shenandoah Valley or elsewhere in our lovely Gold Country I can help.  Please contact me at 209 404-3707 or drop me a line Stephanie@goldcountrymodern.com

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Current Homes for Sale
Upcountry
City # Price Range
Pine Grove 19 $149k - $1.3m
Pioneer 36 $225k - $850k
Volcano 7 $139k - $935k
Down Country
City # Price Range
Fiddletown 8 $429k - $887k
Ione 12 $369k - $1.4m
Jackson 24 $250k - $1.5m
Plymouth 6 $375k - $2.7m
River Pines 3 $200k - $338k
Sutter Creek 20 $399k - $995k
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