Daniel's Blog

What's Happening in Murphys

If you would like to discuss the dynamics of what is happening in the market or would like information and real estate opportunities in the Bear Valley, Arnold, Murphy's, Angels Camp and Copperopolis area please email me at Daniel@BigTreesRealty.com  or go to www.BigTreesRealty.com  call me at 1 209 795-4218 By clicking here you can search like a Realtor.

 July 30, 2009 - The Murphys Farmers Market at the Vina Moda Winery, 634 French Gulch Rd., Murphys, Thursdays from 3:30 pm until dusk. For more information, call Katie at 209-728-9112.

July 30, 2009 - Thursday's at the Pit, 5:00 pm at Ironstone.  A reasonably priced summer dinner.  To purchase your tickets call Ironstone, 209-728-1251, ext.  11. Tickets are $25 for a couple, $5 for children under 10 and $10 for a wine club member. For tickets please call, 209-728-1251.

July 30, 2009 - Bear Valley Music Festival - Mimi Fox, solo jazz guitarist, is a world-class, accessible, straight-ahead jazz artist who is both true to the traditions and fresh with new ideas. Mimi has been voted "Rising Star" in Down Beat for the last five consecutive years. Show begins at 7pm. For more information or reservations, call 209-753-2574.

July 31, 2009 - Vineyard Tour & BBQ. For info contact the Calaveras Winegrape Alliance: 209-728-9467 or cwa@goldrush.com. Website: http://www.calaveraswines.org

July 31, 2009 (Through August 8)- Murphys Creek Theatre presents the Merchant of Venice.  Playing in the picturesque amphitheatre at 2690 San Domingo Road, Murphys, "The Merchant of Venice" opens July 2 and plays Fridays and Saturdays through Aug. 8. Curtain is at 8 p.m. Bring a picnic dinner and wine, or purchase some from the box office. Tickets cost $15 and are available at murphyscreektheatre.org or at the door. For more information call 728-8422.

July 31, 2009 - Fridays At Alchemy.  Don't forget to check out classic Jazz standards by Matt Cullen every Friday on our patio from 5:30-8.  The music is free, and there's room to dance if you wish.  Call 209-728-0700 for more information.

  

July 31, 2009 - Bear Valley Music Festival - Di Wu, a 24-year-old award winning and critically acclaimed piano virtuoso, will join the Bear Valley Festival Symphony Orchestra, under the direction of maestro Carter Nice. Tickets range from $25 to $50 and may be purchased by visiting the festival website, www.bearvalleymusic.org or calling toll free (800) 458-1618.

August 1, 2009 - NEXT Upscale Resale will be hosting a flea market in their parking lot on Big Trees Road on the first Saturday of each month from 8am-6pm all summer long.  Call Diane at 209-728-2274 for more information.

August 1, 2009 (Through August 8)- Murphys Creek Theatre presents the Merchant of Venice.  Playing in the picturesque amphitheatre at 2690 San Domingo Road, Murphys, "The Merchant of Venice" opens July 2 and plays Fridays and Saturdays through Aug. 8. Curtain is at 8 p.m. Bring a picnic dinner and wine, or purchase some from the box office. Tickets cost $15 and are available at murphyscreektheatre.org or at the door. For more information call 728-8422.

August 1, 2009 - Bear Valley Music Festival - A free children's concert will offer a wonderful, audience-friendly opportunity for young people to experience the majesty of a symphony orchestra. Jennifer Smith of Sacramento's News 10 will narrate The Story of Celeste. The Bear Valley Festival Orchestra will perform Beethoven's Leonore Overture #3, Strauss' Light as a Feather Polka, and songs from The Wizard of Oz . The audience is invited to come early for the festival's instrument "petting zoo." There is no admission charge. Starts at 10:00 am.

August 1, 2009 - Peddlers Faire Parking Lot Sale, Murphys- 209-728-1600.  The Arbors "Peddlers Faire" parking lot sale will be held from 10:00 am to 3:00 pm. It will be located across from the Native Daughters Hall in the parking lot of The Arbors stores on east main street Murphys.  The faire will be held on the first Saturday of each month through October.  For more information leave a contact number at Villa Mia Antiques 209-728-1600.

August 2, 2009 - Bear Valley Music Festival - Di Wu, a 24-year-old award winning and critically acclaimed piano virtuoso, will join the Bear Valley Festival Symphony Orchestra, under the direction of maestro Carter Nice.  Tickets range from $20 to $40 and may be purchased by calling (800) 458-1617 or visiting the festival website, www.bearvalleymusic.org.

August 4, 2009 - Bear Valley Music Festival - A special night of chamber music with members of the Bear Valley Orchestra and wine tasting with Nicole Darracq, sommelier and wine educator. The seating is rearranged for an intimate, up-close-and-personal experience. Show begins at 7 pm. For reservations or more information, call 209-753-2574.

August 5, 2009 - Wednesdays at Tanners.  Ethiopian Cuisine Pairing at the Tanner Vineyards Tasting Room at 202 Main Street from 6-7:30 pm.  Call 209-728-8229 for information and reservations or visit the website at www.tannervineyards.com.

August 5, 2009 - Bear Valley Music Festival - This versatile band of brothers has been blazing trails for over thirty years, playing traditional offerings and bridging cultures from the Middle East to international rock 'n roll.  Show begins at 7 pm. For reservations or more information, call 209-753-2574.

August 6, 2009 - The Murphys Farmers Market at the Vina Moda Winery, 634 French Gulch Rd., Murphys, Thursdays from 3:30 pm until dusk. For more information, call Katie at 209-728-9112.

Route to remember

Hwy 4 Sierra-Nevada drive rich in history, scenery

Just northeast of California's Gold Country, the roadways heading toward Lake Tahoe reveal a wonderland of outdoor scenery and recreational opportunities. Closed to cross-mountain travel in winter, Highway 4 opens in summer to connect with Highway 89, completing a mountain-lover's route to remember.

This route will take you from the well-known Gold Country destination of Angels Camp through the charming town of Murphys, right by Calaveras Big Trees State Park, the recreation-oriented town of Arnold and then up through heavily wooded mountain areas where you'll find Bear Valley Ski Area, the quaint little berg of Markleeville and then another world of recreational possibilities in Hope Valley.

It's a lot to see for a Sunday drive, so the first bit of planning is to set up accommodations along the way. We've enjoyed two different kinds of lodgings in this area - a modern, well-furnished and luxurious vacation home near Arnold, and the simpler, more rustic small cabins offered by Sorensen's Resort in Hope Valley.

The route begins in Angels Camp, in the heart of Gold Country, where the Old West historic downtown is worth spending an hour or two just exploring. One of several Gold Rush towns, there were as many as 4,000 miners who once mined the surface gold, while hardrock mining accounted for even more miners and a series of tunnels all over the area. The downtown area now has a number of quaint shops, a few restaurants and a historical feel that is inescapable.

About 10 miles northeast on Highway 4, you come to Murphys, another historic town known for its art galleries, eclectic shops and Victorian architecture. Today there are 2,000 residents, although on a summer day the tourists no doubt outnumber the locals as travelers find the town the perfect place for a stroll through history. Many Gold Rush era buildings are still in use today, including the Murphys Historic Hotel and Lodge that once hosted General Ulysses S. Grant, Horatio Alger, "Black Bart" and Mark Twain. Completing the picture are the towering Elm trees along Main Street that contribute mightily to the town's ambience.

 

 

Another 10 miles up Highway 4 and you reach Arnold, a cluster of businesses just off Highway 4 that is probably best known for the nearby recreational attractions of Calaveras Big Trees State Park and the Bear Valley ski area. It's also home to hundreds of vacation homes that offer excellent proximity to both winter and summer mountain recreational activities.

Calaveras Big Trees State Park is about three miles north of Arnold and, as you might suspect, has a lot of "big trees." These giant Sequoias can reach a height of 325 feet and a diameter of 33 feet and have been around since the time of the dinosaurs. The forest is thick in this part of the mountains with not only the sequoias but a mix of ponderosa pines, sugar pines, incense cedars and white fir.

This state park offers camping but also self-guided trails that take visitors to some of the biggest trees and to the Stanislaus River where you'll find an especially scenic view overlooking the canyon. We're forest-lovers and enjoyed hours in the park - a great place to get your fix of trees, wildlife and natural surroundings.

It also was in this general area that we rented a vacation home for the night from Sierra Vacation Rentals. We stopped in Arnold to pick up our keys and map and then drove a few miles into a development of luxury vacation homes, each built among the trees with extensive acreage. While we were just stopping over for the night, it was apparent that these homes would be especially well-suited to the family who would like to spend a week or two in the woods, but leave absolutely none of the comforts of home behind.

Our vacation home had an outdoors feel with liberal use of wood, wide decks, a brick fireplace and a hot tub outdoors under the trees. Snowshoes were on the wall of the living room with a fun fake bear rug in front of the fireplace and a stuffed animal doubling as a deer head with antlers protruding from the bricks above the fireplace. The private owners of this home obviously have a great sense of humor.

They also put a lot of emphasis on games and recreation with a spacious game room, with pool table, adjacent to the open, modern kitchen. The stove top and sink were built right into the island, and there was plenty of room for meal preparation for the largest of families. And there was also plenty of room for the family to sleep - four bedrooms altogether.

Just northeast from Arnold is the Bear Valley Ski Area. While not on a par with Squaw Valley or Heavenly, the Bear Valley ski area is still a prime candidate for a weekend or even an extended skiing vacation. We sampled the area one time and found that Bear Valley offers a surprisingly complete ski vacation experience.

Further up Highway 4, you'll connect with Highway 89, which will take you to the many recreation areas just south of Lake Tahoe. Be sure to stop by the historic town of Markleeville and nearby Grover Hot Springs State Park. Markleeville is the seat of Alpine County, the least populated county in California and, although tiny, this town is a fun stroll - especially if you enjoy historic buildings. The state park is a few miles out of town and offers a hot springs pool where adults can enjoy the effects of a soak in hot mineral water. The water is 104 degrees, but nearby you can also take a plunge into cooler water in a large swimming pool.

It's not too much further to another place where we have found the accmmodations extra-special - Sorensen's Resort. Out here where the mountains are high and the stress is low, Sorensen's Resort sells what owner John Brissenden describes as "the magic of the surrounding wilderness area." In fact, this wilderness is like staying in a national park without the bumper-to-bumper RVs. A network of trails and lakes are just minutes away in any direction, with the Carson mountain range always close at hand, just waiting to provide the perfect backdrop for your next family photo.

Just in case you big-city types suffer serious withdrawal, South Lake Tahoe is just a short scenic drive away - 16 miles to be precise. You can pop into town, get a fix of glitz at one of the major casinos and be back just in time to watch the deer feeding as you enjoy a quite glass of wine and a wilderness sunset.

When we arrived after dark, our cabin was already unlocked, the lights on to welcome us and an incredibly comfortable, fluffy bed was beckoning these weary travelers to a quiet, restful sleep in the woods. After all, that really is the Sorensen's calling card: the "cabin in the woods" experience that just happens to have a few extra amenities - such as gourmet dining.

At daybreak, we got a little better look at Sorensen's, and our awe-inspiring natural surroundings. The only resort in the Hope Valley, Sorensen's was built adjacent to the Carson River, a favorite for anglers. Out back of our cabin, boulders of all sizes were strewn along the sloping mountainside providing a tempting, woodsy area to explore and climb to our heart's content.

We were staying in a simple, but modern log cabin with a loft and bathroom area. The kitchen, complete with microwave, two-burner stove and a small refrigerator, was along one wall of the main cabin area. Nearby, a queen bed was covered with charming home-made quilts. The main room also included a sitting area and a dining area, as well as a free-standing wood stove with plenty of wood at the ready even though it was not needed this warm summer night.

AT A GLANCE

WHERE: his Sierra-Nevada drive starts in Angel's Camp, about 134 miles east of San Francisco and a half-hour drive east from Stockton and Interstate 5 on Highway 4.

WHAT: This stretch of Highway 4 and Highway 89 offers some of California's best mountain scenery and most interesting attractions.

WHEN: This is a summertime trip - Highway 4 is closed east of Bear Valley ski area in winter.

WHY: The drive is a fix for mountain-lovers and history buffs, with ample attractions for both.

HOW: For more information on vacation rentals near Arnold, visit www.sierravacationrentals.com or phone 209-795-4712.

If you would like to discuss the dynamics of what is happening in the market or would like information and real estate opportunities in the Bear Valley, Arnold, Murphy's, Angels Camp and Copperopolis area please email me at Daniel@BigTreesRealty.com  or go to www.BigTreesRealty.com  call me at 1 209 795-4218 By clicking here you can search like a Realtor.

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When 40% is not 40%

Mercifully, the first half of the year is over. We are still officially in recession, but there are signs that the economy has bottomed. Last week's employment report reminds us that we are not rebounding as of yet. We need to keep the numbers in perspective. For example, during the first half of the year, the S&P 500 rallied close to 40% from the low hit earlier this year. All told, the S&P 500 dropped almost 60% from the all-time high reached nearly two years ago. This does not mean that the stock market is close to "recovery." In rounded numbers, 60% of 1500 represents a drop of 900 points. An increase of 40% from 640 is only 260 points. This means we have a long way to go.

Expect the same recovery "mathematics" for housing prices. We would not be surprised if the recovery causes housing prices to move up 15% or so from their ultimate lows. However, a move upward of 15% would not come close to the 25% drop we have experienced. Keep in mind that even if prices are down 25%, they are still up 70% from 1985. Of course, these are not inflation adjusted numbers. The point is, we all need to keep statistics in perspective. Losing 400,000 plus jobs in a month represents horrific numbers. But they are much improved from the 741,000 jobs we lost in January. If there is any good news regarding these numbers, it is the fact that rates and oil prices are lower than they were two weeks ago. We can't emphasize enough times that keeping rates low will facilitate the recovery.

The Markets

Rates moved lower in response to weak economic reports in the past week. Freddie Mac announced that 30-year fixed rates averaged 5.32%, down from 5.42% the week before. A year ago 30-year fixed rates were at 6.35%. "Mixed economic reports on the state of the housing market helped hold rates fairly flat this week," said Frank Nothaft, Freddie Mac vice president and chief economist. "Lower rates are helping to support the housing market," said Frank Nothaft, Freddie Mac vice president and chief economist.

Home values fell at a monthly rate of 0.6 percent in April, representing the smallest decrease since June 2008, according to the S&P/Case-Shiller® 20-city composite index. In addition, home prices rose in eight of the cities in April."

Fannie Mae and Freddie Mac have received the green light from their regulator to refi underwater homeowners with loan-to value ratios as high as 125%. The special refi plan that Obama administration officials unveiled in February limited the option to loans with LTV ratios of 80% to 105%. But the 105% LTV limit would not offer any relief for borrowers who have seen the values of their home erode by 15% to 30%. "The higher LTV will allow more homeowners to strengthen their finances by taking advantage of lower rates," Federal Housing Finance Agency director James Lockhart said. Fannie Mae said it would accept delivery of the higher LTV loans starting Sept. 1. A Freddie Mac spokesman said it would start accepting the loans "now." The GSE financing program is only available to borrowers with loans that are owned or guaranteed by Fannie and Freddie. They also have to be current on their payments.

According to an annual state of the nation's housing from Harvard University's Joint Center for Housing Studies, once the U.S. emerges from recession, strong demographic trends will restore health to the housing market. The key is echo boomers, the 75 million Americans born between 1979 and 1995. "There will be 5 million more echo boomers than there were boomers when they first started swelling housing markets," said Eric Belsky, executive director of the Joint Center. As a result, household growth during the next 10 years should range between 12.5 million and 14.8 million, according to the report. All those new households mean demand for many new housing units. "This is a powerful, powerful underpinning of future demand," said Belsky. Source: CNN/Money

Housing confidence is up amid increasing evidence that the market is turning around. The Adversity Index from MSNBC.com and Moody's Economy.com reported signs of a turnaround in 33 of the nation's metro areas. While that's less than 10 percent of all metro areas, it's still significant, says economist Andrew Gledhill of Economy.com. Source: MSNBC

Sales of existing homes showed another gain in May, benefiting from favorable affordability conditions and a first-time buyer tax credit, according to the National Association of Realtors ®. May's increase was the first back-to-back monthly gain since September 2005.

" Total housing inventory at the end of May fell 3.5 percent to 3.80 million existing homes available for sale, which represents a 9.6-month supply at the current sales pace, down from a 10.1-month supply in April. Source: National Association of Realtors®

The Federal Reserve kept its key rate near zero at their last meeting, and said in a statement that although the U.S. economy remains weak, there are signs of a recovery. The central bank said that the pace of the nation's economic decline is slowing and that household spending is showing signs of stabilizing. Even though this was the first official statement from Fed policymakers to hint at signs of stabilization in the economy, Keith Hembre, chief economist at First American Funds, said Chairman Ben Bernanke and other Fed members have been suggesting signs of improvement in individual speeches in recent months. Source: CNN/Money

If you would like to discuss the dynamics of what is happening in the market or would like information and real estate opportunities in the Bear Valley, Arnold, Murphy's, Angels Camp and Copperopolis area please email me at Daniel@BigTreesRealty.com  or go to www.BigTreesRealty.com  call me at 1 209 795-4218 By clicking here you can search like a Realtor.

Activities for Murphys  and Calaveras County

If you would like to discuss the dynamics of what is happening in the market or would like information and real estate opportunities in the Bear Valley, Arnold, Murphy's, Angels Camp and Copperopolis area please email me at Daniel@BigTreesRealty.com  or go to www.BigTreesRealty.com  call me at 1 209 795-4218 By clicking here you can search like a Realtor.

July 9, 2009 - The Murphys Farmers Market at the Vina Moda Winery,

634 French Gulch Rd., Murphys, Thursdays

 

from 3:30 pm until dusk. For more information, call Katie at 209-728-9112.

July 10, 2009 - Fridays At Alchemy.

Don't forget to check out classic Jazz standards by Matt

Cullen every Friday on our patio from 5:30-8. The music is free, and there's room to dance if you

wish. Call 209-728-0700 for more information.

July 10-August 8, 2009 - Murphys Creek Theatre presents the Merchant of Venice at the Cornelia Stevenot

Memorial Amphitheatre.

With all his fortunes tied up at sea, Antonio borrows money from Shylock for his friend

Bassanio. Amused by Shylock's request of 1 pound of flesh if the loan is default, Antonio gladly accepts the money lender's

proposition. Fate turns against him, however, and Shylock comes to claim his due. Unable to intervene on Antonio's behalf,

the distraught Bassanio, finds an advocate in his love, Portia, skilled enough to sway the Venetian council and spare

Antonio's life. Friday and Saturday evenings at 8 pm. Call 209-728-8422 for more information.

 

July 11, 2009

- Join us in Downtown Murphys for our monthly

ARTWALK

sponsored by Murphys Business Association. The afternoon

features art galleries, shops and winery tasting rooms hosting outstanding

local artists every second Saturday from 3:00 to 6:00 p.m. Other local

businesses offer added shopping, eating, wine tasting and festivities.

Contact the MBA for more information or visit www.visitmurphys.com.

July 11, 2009

- Walking Tours of Historic Downtown Murphys are available at no charge on Saturday mornings at

10am leaving from the Old Timers Museum across from the Murphys Hotel. Please contact Bob Buchanan at 209-728-3517

to confirm dates and times or to set up a tour for a group of 12 or more.

July 11, 2009 - Chatom Wine Dinner.

Come enjoy a scrumptious dinner created by Wren Creative Foods and paired

with Chatom Vineyard wines. Live music by Schiraz. Cost is $75 per person (wine club members $65) and begins at 6:00

pm. RSVP Chatom Vineyards 209-736-6500

July 11, 2009 - Pog Mo Thoin release Party, Irish Vineyards- 209-736-1299.

Black Irish Band, Dinner, New wine

release & discounts. Don't miss this great party. 6:30 pm - 9:30pm $38.00 each - CALL TODAY TO BOOK YOUR SPACE!

July 15, 2009 - Wednesdays at Tanners

. Barbeque in a Barrel at the Tanner Vineyards Tasting Room at 202 Main

Street from 6-7:30 pm. Call 209-728-8229 for information and reservations or visit the website at

www.tannervineyards.com.

July 16, 2009 - The Murphys Farmers Market at the Vina Moda Winery,

634 French Gulch Rd., Murphys, Thursdays

from 3:30 pm until dusk. For more information, call Katie at 209-728-9112.

July 16, 2009 - Murphys Classic Car Cruise Nights- 209-728-9971.

Come join the fun for the "Murphys Classic Car

Cruise Nights" Thursday Nights on July 16 and August 20 from 6:00 pm to 9:00 pm in downtown Main St, Murphys. Bring

your Classic Car or just come and hangout and enjoy looking at them. Some restaurants will be open or enjoy ice cream

and DJ music by Decade Music. Also enjoy cash raffle prizes and lots of fun.

July 17, 2009 - Fridays At Alchemy.

Don't forget to check out classic Jazz standards by

Matt Cullen every Friday on our patio from 5:30-8. The music is free, and there's room to

dance if you wish. Call 209-728-0700 for more information.

July 18, 2009

- Walking Tours of Historic Downtown Murphys are available at no charge on Saturday mornings at

10am leaving from the Old Timers Museum across from the Murphys Hotel. Please contact Bob Buchanan at 209-728-3517

to confirm dates and times or to set up a tour for a group of 12 or more.

July 18, 2009 - Murphys Homecoming 60th Anniversary from 10:30am - 4pm.

Join your friends and neighbors in an old fashioned parade and promenade to the Park.

Enjoy a concert performance by the Calaveras Community Band at 11am. The Nostalgia

Luncheon, for Murphys area residents 70 years and older who lived in the area for 10

years or more, will take place at noon. No charge for luncheon but reservations are

required. Sponsored by the Murphys Community Club, call 209-728-8392 for reservations

for luncheon.

July 18, 2009 - Murphys Annual Duck Races

from 1pm to 5pm Sponsored by the

Murphys Volunteer Library. All proceeds benefit the library.

18 July, 2009 - Chatom Vineyards Wine Club Event.

A special event for wine club members and their guests at

Chatom Vineyards beginning at 5:00 pm. Cost: Free RSVP to Chatom Vineyards at 209-736-6500.

July 18, 2009 - Plan B will be playing at the Camp Connell General Store 4p - 8pm

July 18, 2009 - Ironstone Vineyards Summer Concert Series! MICHAEL McDONALD & BOZ SCAGGS

! The first

concert of the season is going to be an excellent one with Michael McDonald and Boz Scaggs. McDonald has played with

many renown groups, and Scaggs 1976 record "Silk Degrees" was the music of a generation. All tickets are sold through

www.ticketmaster.com. Visit www.ironstonevineyards.com/concert_2009/ for more info!

July 23, 2009 - The Murphys Farmers Market at the Vina Moda Winery,

634 French Gulch Rd., Murphys, Thursdays

from 3:30 pm until dusk. For more information, call Katie at 209-728-9112.

If you would like to discuss the dynamics of what is happening in the market or would like information and real estate opportunities in the Bear Valley, Arnold, Murphy's, Angels Camp and Copperopolis area please email me at Daniel@BigTreesRealty.com  or go to www.BigTreesRealty.com  call me at 1 209 795-4218 By clicking here you can search like a Realtor.