Real Estate Information

Please review our attached weekly market report. This market report is designed for you to see how the market is progressing, giving you the knowledge to make informed decisions regarding your property.

P.S. Do you know of anyone who is behind on their mortgage payments or may be facing foreclosure and does not know their options? As a CDPE (Certified Distressed Property Expert), I may be able to help save their credit, relieve the uncertainty and most of all help their family. I specialize in short sales, distressed properties and assist both sellers and buyers. Give me a call.

Short Sales are More Valuable Than Ever!

Avoiding foreclosure is always a smart move, but now there are incentives that make it an even better one.

Short sales and deeds-in-lieu are dignified solutions to foreclosure, and now the government is making them easier and quicker through the Home Affordable Foreclosure Alternatives Program, or HAFA, which also gives the homeowner $3,000 for participating.

With the free report provided here, you can learn all the benefits of completing a HAFA short sale. Simply fill out your information below for details on the program and how you would benefit. 

Read more about it here.

Garden goodness. Many of us are turning to our gardens in an effort to not only eat healthy but to save money.  If your considering canning food here is a great site that will show you how to do it safely. http://www.uga.edu/nchfp/

Sharing the love. As many of you know I love the community I live in.  Recently,  in my ongoing quest to make my website (http://www.paradisecahomesource.com/)  your go to site for all information concerning Butte County and the surrounding communities. I came across this description of  Butte County at the Butte Co. Website (http://www.buttecounty.com). 

I thought it was such a great description that I wanted to share it with my friends.

“From the Sacrament Valley to the foothills of the Sierra Nevada Mountain Range ... Butte County, California, is noted for its scenic beauty and the diversity of its natural land formations.   Picture an ancient winding river lined with stately oaks and other lush greenery... flowing through a wide valley... a valley permeated with some of the darkest, most fertile soil in the world.  To the west, imagine hundreds of acres of walnuts and pink-blossomed almonds... to the east, towering pines and evergreens... and connecting them... infinite patterns of rice fields, strawberries, orange groves, apple orchards, kiwis, and every farm crop imaginable.                                                                        

The Feather River, a youngster compared to the Sacramento River, provides a spectacular canyon, as well as abundant water to keep Lake Oroville http://www.lakeoroville.water.ca.gov/a wonderful place for all kinds of recreational activities.  Loafer Creek, Lime Saddle, the Fore Bay, and Oroville Dam, itself, attract appreciative visitors from all over the state, country and world."

Nearly one quarter of homes reduced asking price in July A recent report found 24 percent of homes listed for sale nationwide experienced at least one price reduction as of July 1, representing a 9-percent increase compared with the previous month, according to Trulia.com.  The average discount for price-reduced homes remained unchanged at 10 percent of the listing price.

Cities in the Western U.S. experienced some of the largest surges in price reduction compared with the previous month.  Oakland increased 38 percent month-over-month and San Diego experienced price reductions of 25 percent.  Honolulu experienced a 21 percent increase in reductions from the previous month and Las Vegas increased by 20 percent.More info.

① Data supplied by Cal Redd MLS

② Jan 1, 2010 to July 1, 2010

③ Ratio of original listed price to the actual sold price

④ Under Contract = sale pending

Listing Stats You Should Know①

Year to Date 2010②

(Single Family, Site Built Homes)

Office List to Sale Price Ratio③  Median Days on Market

Coldwell Banker Ponderosa 89.5% 37

C21 Select 87.7% 82

United Country Johnson 87% 115

Real Estate Professionals 85.2% 79

Remax of Paradise 84.8% 144

1. List to sale price for the other offices combined was 87.1% That is 2.4% lower

performance than Coldwell Banker Ponderosa. That is very close to paying for

the entire amount of listing side commission 

2. Median days on market for the other offices combined is 79. That is 42 days

slower than Coldwell Banker Ponderosa

3. Factor our year to date market share for sold listings, which is 48% and it is clear

that a solid relationship exists between top performance and volume of

customers

4. As of the date of this report (July 21, 2010), Coldwell Banker had 41 properties

under contract. Stats for the other four offices:

Office Properties Currently Under Contract④

Coldwell Banker Ponderosa 41

Century 21 Select 19

Remax of Paradise 9

United Country Johnson 8

Real Estate Professionals 6

Currently Coldwell Banker has about as many under

Contract as all of the other offices combined

“DO THE MATH”

C.A.R. Green Tip of the Week: Unplug and save Turning off the lights saves energy, but unplugging unused appliances, cell phone chargers, and lights saves more, because these devices draw energy even when plugged in.  For more green real-estate-related tips and discussion, visit C.A.R.’s green blog (http://blogs.car.org) and C.A.R.’s Green Web site (http://green.car.org/).