When

Wednesday, May 16
Stage 4 Presented by Breakaway from Cancer
START: Sonora – 10:35am
Distance: 130.2 miles
Sprits: Mariposa, Oakhurst, Friant
KOMs: CA 49 (x5), Crane Valley
Finish: Clovis
Estimated time of Arrival: 3:52pm

Where

The route goes down Highway 49 through Mariposa and Oakhurst and then heads over North Fork way through Friant and ends in Clovis.

Map of Stage 4

http://www.amgentourofcalifornia.com/docroot/media/2012/2012AToCStage4Mapv2.pdf

Map of Race

http://www.amgentourofcalifornia.com/docroot/media/2012/2012ATOCDetailedMap_v5.pdf

From The Amgen Web Site

As America’s most successful cycling race, the Amgen Tour of California is one of the nation’s largest and most recognized annual sporting events.  An eight-day event, this prestigious cycling road race features elite professional teams and athletes from around the world.  One of only two American races listed as a UCI 2.HC event on the international professional cycling calendar, the Amgen Tour of California awards important, world-ranking points to the top finishers.  The Amgen Tour of California brings the drama and excitement of professional cycling to California for the seventh consecutive year in 2012.

http://www.amgentourofcalifornia.com/

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Because of the great success of the return of the Bass Lake Classic Triathlon last year, it will be back again this year on June 2, 2012. The Yosemite Sierra Visitors Bureau has again partnered with Jonathan Grinder, Tucson Racing, a professional Triathlon promoter.

The date is set for Saturday, June 2, 2012 at The Pines Village and The Pines Resort. The race will begin at 7:30 am and should end by noon. The Bass Lake Classic Triathlon has a web site with information and registration options at www.BassLakeTri.com.

• International Distance Triathlon which consists of a 1500 meters (1 mile) Swim; 40 kilometers (25 mile) Bike; and a 10 kilometers (6 mile) Run.
• Sprint Triathlon which consists of 400 meters (1/4 mile) Swim; 20 kilometers (12 mile) Bike; and a 5 kilometers (3 mile) Run.
• 5 K Run (3 miles) – proceeds will benefit local Charities – Bass Lake Volunteer Fire Department and the Oakhurst Boys & Girls Club.

Our 5K Run/Walk (3 miles) will again benefit local charities. This year the charities are the Bass Lake Volunteer Fire Department and the Boys & Girls Club of Oakhurst. The Bass Lake Volunteer Fire Department is seeking volunteers to direct the athletes, pass out water, and some traffic control. If you are interested in supporting your Volunteer Fire Department by volunteering (approximately 7 am to noon), please call Steve & Vickie Arata (homeowners) at 559-683-4833 vickiearata@gmail.com.

For race or other information, please contact Rhonda Salisbury at the Yosemite Sierra Visitors Bureau at 559-683-4636 or you can email her at Rhonda@YosemiteThisYear.com. To register for the Triathlon or 5K Run go to www.BassLakeTri.com.

See you at the Lake!

For more information give us a call at 559-642-3600.

Let us know if you have any questions.

Thanks much,

Jan, Dolores and Patrick

Vacation Rentals Specialists
Bass Lake Realty
(559) 642-3600

If you would like to get useful updates and information about real estate and the area too, click here.

Only $990,000

Is your Dream to live in Yosemite in a Lodge big enough for all your family? Or are you ready to retire with income and share the beauty of our National Park with International Visitors?

This Furnished Luxury Home provides a once in a lifetime opportunity to make your dream come true! Originally built as an Upscale Bed & Breakfast or a Luxury Mountain Retreat, each bedroom includes an attached bathroom for the ultimate in personal privacy and comfort for everyone.

The Owners’ Unit on the Main Level has a private sitting area with…

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Or Give Us a Call at (888) 220-8633.

Click Here to Browse Other Yosemite Homes Available

Let us know if you have any questions,

Thanks,

Your Bass Lake Realty Team

Only $569,000 $489,000

As you can see, this gorgeous Bass Lake area home is priced to move.

You get luxury and ease with the state of the art kitchen, lots of counter space, island bar, walk in pantry and large dining area. Laminate and tile flooring makes for easy maintenance and there’s a separate laundry room.

This home was recently remodeled adding more bedrooms and another full bath. The spacious open floor plan coupled with a total of 5 bedrooms assures there’s plenty of room for all!

Come on over and check it out.

Click Here To Find Out More

Or Give Us a Call at (888) 220-8633.

Click Here to Browse Other Bass Lake Homes Available

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Thanks,

Your Bass Lake Realty Team

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Marina View Place Bass Lake Home
Only $345,000

Enjoy all the benefits of vaulted ceilings, lots of windows to bring in the light and views, travertine tile floors, marble tile counters, trek like decking and oak cabinets. The exterior siding is fire resistant fiber cement for peace of mind.

Lovely fireplace in living room and a spacious open floor plan will greet you when you come home in winter and summer alike. You won’t run out of room with plenty of storage and you get bonus outdoor space below the upper deck.

This beautiful Bass Lake home comes with…

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Veater Ranch Rd Coarsegold Home
Only $295,508

The flexible floor plan and isolated 4th bedroom with bath make this the perfect home for family and friends. Enjoy the distant views and ranch style BBQ’s from the covered patio. Plenty of room for…

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Let us know if you have any questions,

Thanks,

Your Bass Lake Realty Team

Antique & Classic Wooden Boat Show At Bass Lake, SATURDAY MAY 19, 2012

The 22nd Annual Antique & Classic Boat Show will be held at Bass Lake on Saturday, May 19, 2012.  Sponsored by the Bass Lake Lions Club, the show will feature over 50 of the finest preserved and restored watercraft to be found on the west coast.  The show is the annual rendezvous of the Southern and Northern California Chapters of the Antique and Classic Boat Society of America and promises to be one of the largest of the season in California.

The show takes place on the docks in front of Ducey’s On The Lake in the Pines Village on the North Shore of Bass Lake.  Show hours are from 9 a.m. to 4 p.m.  Admission fee to see the boats is $4.00 per person (children under 10 free) with proceeds going toward sight preservation and other community projects supported by the Bass Lake Lions, including a camp for sight and hearing impaired children.

Bring your old eyeglasses, cell phones and hearing aids for recycling and get 2 free raffle tickets for the mega drawing.

For more information, please call Jim Milligin at (559) 642-3420.

Submitted by Beth Carver
Bass Lake Lions Club
559-642-3600

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WASHINGTON (March 29, 2012) – Sales of investment and vacation homes* jumped in 2011, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors®.

NAR’s 2012 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2011, shows investment-home sales surged an extraordinary 64.5 percent to 1.23 million last year from 749,000 in 2010. Vacation-home sales rose 7.0 percent to 502,000 in 2011 from 469,000 in 2010. Owner-occupied purchases fell 15.5 percent to 2.78 million.

Vacation-home sales accounted for 11 percent of all transactions last year, up from 10 percent in 2010, while the portion of investment sales jumped to 27 percent in 2011 from 17 percent in 2010.

NAR Chief Economist Lawrence Yun said investors with cash took advantage of market conditions in 2011. “During the past year investors have been swooping into the market to take advantage of bargain home prices,” he said. “Rising rental income easily beat cash sitting in banks as an added inducement. In addition, 41 percent of investment buyers purchased more than one property.”

Yun said the shift in investment buyer patterns in 2011 shows the market, for the large part, is able to absorb foreclosures hitting the market. “Small-time investors are helping the market heal since REO (bank real estate owned) inventory is not lingering for an extended period. Any government program to sell REO inventory in bulk to large institutional companies should be limited to small geographic areas. Even where alternatives are needed, it’s best to rely on the expertise of local businesses, nonprofit organizations and government,” he said.

All-cash purchases have become fairly common in the investment- and vacation-home market during recent years: 49 percent of investment buyers paid cash in 2011, as did 42 percent of vacation-home buyers. Half of all investment home purchases in 2011 were distressed homes, as were 39 percent of vacation homes.

“Clearly we’re looking at investors with financial resources who see real estate as a good investment and who aren’t hesitant to use cash,” Yun said. Of buyers who financed their purchase with a mortgage, large downpayments were typical. The median downpayment for both investment- and vacation-home buyers in 2011 was 27 percent.

“Given the tight credit in recent years, many would-be normal home buyers for owner occupancy declined,” Yun said.

The median investment-home price was $100,000 in 2011, up 6.4 percent from $94,000 in 2010, while the median vacation-home price was $121,300, down 19.1 percent from $150,000 in 2010.

Investment-home buyers in 2011 had a median age of 50, earned $86,100 and bought a home that was relatively close to their primary residence – a median distance of 25 miles, although 30 percent were more than 100 miles away.

“The share of investment buyers who flipped property remained low in 2011, and many of those homes likely were renovated before reselling,” Yun said. Five percent of homes purchased by investment buyers last year have already been resold, up from 2 percent in 2010. The typical investment buyer plans to hold the property for a median of 5 years, down from 10 years for buyers in 2010.

The typical vacation-home buyer was 50 years old, had a median household income of $88,600 and purchased a property that was a median distance of 305 miles from the primary residence; 35 percent of vacation homes were within 100 miles and 37 percent were more than 500 miles. Buyers plan to own their recreational property for a median of 10 years.

Lifestyle factors have consistently been the primary motivation for vacation-home buyers, while the desire for rental income drives investment purchases. Vacation homes purchased last year were more likely to be in suburban or rural areas; investment homes were concentrated in suburban locations.

Eighty-two percent of vacation-home buyers said the primary reason for buying was to use the property themselves for vacations, or as a family retreat. Thirty percent plan to use the property as a primary residence in the future, and only 22 percent plan to rent to others.

Half of investment buyers said they purchased primarily to generate rental income, and 34 percent wanted to diversify their investments or saw a good investment opportunity.

Sixteen percent of vacation buyers and 14 percent of investment buyers purchased the property for a family member, friend or relative to use. In many cases the home is intended for a son or daughter to use while attending school.

Forty-two percent of vacation homes purchased last year were in the South, 30 percent in the West, 15 percent in the Northeast and 12 percent in the Midwest; 1 percent were located outside of the U.S.

Forty-four percent of investment properties were in the South, 23 percent in the West, 17 percent in the Midwest and 15 percent in the Northeast.

Eight out of 10 second-home buyers said it was a good time to buy. Nearly half of investment buyers said they were likely to purchase another property within two years, as did one-third of vacation-home buyers.

Currently, 42.1 million people in the U.S. are ages 50-59 – a group that has dominated second-home sales since the middle part of the past decade and established records. An additional 43.5 million people are 40-49 years old, while another 40.2 million are 30-39.

“Given that the number of people who are in their 40s is somewhat larger than the 50-somethings, the long-term demographic demand for purchasing vacation homes is favorable because these younger households are likely to enter the market as their desire for these kinds of properties grows, and individual circumstances allow,” Yun said.

NAR’s analysis of U.S. Census Bureau data shows there are 8.0 million vacation homes and 42.8 million investment units in the U.S., compared with 75.3 million owner-occupied homes.

NAR’s 2012 Investment and Vacation Home Buyers Survey, conducted in March 2012, includes answers from 2,241 usable responses about home purchases during 2011. The survey controlled for age and income, based on information from the larger 2011 NAR Profile of Home Buyers and Sellers, to limit any biases in the characteristics of respondents.

The 2012 Investment and Vacation Home Buyers Survey can be ordered by calling 800-874-6500, or online at www.realtor.org/prodser.nsf/Research. The report costs $19.95 for NAR members and $149.95 for non-members.

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.

# # #

*Vacation homes are recreational property purchased primarily for the buyer’s (or their family’s) personal use, while investment homes are residential property purchased primarily to rent to others, or to hold for other financial or investment purposes.

Copyright National Association of REALTORS®. Reprinted with permission.

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*  The Bass Lake Fishing Derby will definitely take place May 5th and 6th, 2012.  With the recent rain and snow storms the water level has been rising steadily.  For details and entry forms go to http://basslakechamber.com/

*  PG&E continues its seismic retrofit work on the lake side of Crane Valley Dam.  They are cautiously optimistic that the storms have left enough snow in the high country to fill the lake to the same level as last year.  Check out their progress at Dam Cam by clicking here:  http://basslakerealty.com/webcam.htm  The best viewing times, because of sun location, are morning, cloudy days, or after sunset.  It’s available 24/7/365.

*  Bass Lake School representatives are seeking public input on what to do with the property now that the school is closed.  This will be held on April 17th in the evening.  Check back later for specific time and location.

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