March 12th, 2010 at 10:05 am
How many foreclosures do you think are currently “active” or available for purchase out of the 1,389 residential listings available on the Shasta MLS? Think about it for a while and I’ll tell you at the end of the post so you can see how well you know our market!
Looking at today’s headlines I found some newly published statistics on the national foreclosure market courtesy of LA Times Online.
A real estate firm reported that the number of homes caught up in some stage of the foreclosure process in February fell 2% from the previous month to 308,524. That number is up 6% compared with the same month a year earlier but marked the smallest year-over-year increase since January 2006, according to RealtyTrac Inc.
I was suprised to hear that California is now ranked fourth in Foreclosures behind Nevada, Florida and Arizona, with 1 in every 195 units being foreclosed upon in February (I thought we would be #2 behind Nevada). Although this report is initially optimistic when hearing the information most in the industry are not as optimistic, knowing that the banks are taking longer than expected to communicate with possible buyers and the sellers of property and many more homeowners that have been struggling finanacially that will be facing the beginning of the foreclosure process soon.
Read the entire article “Fewer Homes Enter Foreclosure Process”
So…if you took my challenge at the top of the post…the answer is 169. There are currently 169 available REPO’s in our market (with another 134 homes “pending” or in escrow).
Have a great day and let us know if we can help you find your REPO!
Clint Cronic, Broker & Mindy Cronic, MBA
Owners, Next Generation Real Estate Services
942 Merchant Street Redding, CA 96002
530.227.0345 or contactus@sellingredding.com
DRE License #’s 01314114, 01458166
http://www.sellingredding.com
http://www.reddingblogs.com
For more Redding information click here to visit our main Redding Blog, www.ReddingBlogs.com for everything Redding!
March 11th, 2010 at 9:05 am
More news was released yesterday by the New York Times about the new federal program that will actually pay homeowners to sell at a loss! Under the program more homeowners will be in the position to sell their homes “short sale” than ever before…while being given up to $1,500 for relocation expenses when the home closes escrow. Obviously this is a much-debated plan with homeowners that have struggled to stay current on their mortgages being unnerved by the idea of their tax money being spent in such a fashion and banks upset at being told how they will handle their assets.
For more information on the program Click here
Weigh in on your thoughts,we’d love to hear what you think about the new plan!
Clint Cronic, Broker & Mindy Cronic, MBA, Owners
Next Generation Real Estate Services
942 Merchant Street Redding, CA 96002
530.227.0345 or contactus@sellingredding.com
DRE License #’s 01314114, 01458166
http://www.sellingredding.com
For more Redding information click here to visit our main Redding Blog, www.ReddingBlogs.com for everything Redding!
March 10th, 2010 at 9:05 pm
When: Sat Mar 13, 2010 7pm to 11pm
Where: Mt. Shasta Mall, 900 Dana Drive, Redding, CA 96003
MORE INFORMATION:
Event Description: We will be at the Mt. Shasta Mall Saturday March 13th, 2010 excepting registrations for the AWESOME Kids Unlimited Institute of the Arts 2010 Summer Show Camp. We will be having a live radio remote and a special drawing during the event. Come see us! You can find out more information or register online at http://www.kuia.org
For more Redding information click here to visit our main Redding Blog, www.ReddingBlogs.com for everything Redding!
March 10th, 2010 at 12:05 pm
This Week’s Redding Real Estate Update:
Residential Market Statistics
Active Listings: 1,387 (from 1,374 last week and 1,389 two weeks ago)
Pending Listings: 461 (from 457 last week and 429 two weeks ago)
Closed So Far This Month: 38
Closed in February: 130
Closed in January: 117
Total Closed Escrows in 2010: 286
Total # of Homes that closed escrow during 2009: 2,060
December 2009: 185
November 2009: 170
October 2009: 216
September 2009: 213
August 2009: 174
July 2009: 181
REO/REPO Property Search!
Today’s market has many bank-owned properties available in our area. Click here to view all homes that are owned by the bank and available through the Shasta MLS Database!
SHORT SALE Property Search!
Short sales are another element of our current market. Click here to view all homes that are listed as “short sales” through the Shasta MLS Database!
Don’t know where to begin or what the difference is between traditional sales, REO’s and Short Sales? We’d be happy to help educate you before you begin your search so you understand your options! Don’t forget to call if you would like additional information about any of these homes or would like to preview some…we’re here to help!
For more Redding information click here to visit our main Redding Blog, www.ReddingBlogs.com for everything Redding!
March 4th, 2010 at 10:05 am
When: Sat Apr 10, 2010 3:15pm to 4:15pm
PDT
Where: Downtown Redding, CA, Market Street, Redding CA
MORE INFORMATION:
Event Description: The International Men's March to stop Rape, Sexual Assault and Gender Violence. Call 244-0118 Ext. 202 for more information or check out the Shasta Women's Refuge website at www.shastawomensrefuge.org/
Grab your guys and come on down for a great time!!
For more Redding information click here to visit our main Redding Blog, www.ReddingBlogs.com for everything Redding!
March 1st, 2010 at 6:05 pm
10-580 (Millville - whitmore, California, US)
Details
Short Sale..but priced at what is owed on 1st trust deed…no 2nd trust deed! Privacy and seclusion. Huge living area,big bedrooms,woodburning stove and 30×40 shop.Home was purchased as a 2nd home/ranch.Has been vacant over a year and needs attention. Home had been renovated prior to purchase in 2005.Flat,useable 10 acres. Great potential with home and land.
For more Redding information click here to visit our main Redding Blog, www.ReddingBlogs.com for everything Redding!
February 27th, 2010 at 7:05 pm
13173 TIERRA OAKS DR, REDDING, CA 96003
MLS #10-889 $354,900
Bank-owned Redding foreclosure featuring 4 bedrooms and 2.5 baths with 2,663sqft of living space all situated on 3 acres. Has sought after features, granite counters, tile floors, wood stove on stone hearth, split floor plan, loads of storage, built in cabinets in bedrooms, hallway, upstairs loft included in s.f., inground pool, trex deck and close proximity to the freeway, As most bank foreclosures (REO’s), this home is being sold “As Is”.
Call us today at 530.227.0345 for more information on this home or email us at contactus@sellingredding.com
Advertised with permission by Clint and Mindy Cronic of Next Generation Real Estate Services
(530) 227-0345
http://www.SellingRedding.com
http://www.ReddingBlogs.com
Listing Agent: Donald C. Hascall, DRE License # 01044242
Join the forum discussion on this post - (1) Posts
For more Redding information click here to visit our main Redding Blog, www.ReddingBlogs.com for everything Redding!
February 27th, 2010 at 11:05 am
This Week’s Redding Real Estate Update:
Residential Market Statistics
Active Listings: 1,389 (from 1,343 last week and 1,329 two weeks ago)
Pending Listings: 429 (from 426 last week and 433 two weeks ago)
Closed So Far This Month: 90
Closed in January: 117
Total Closed Escrows in 2010: 207
Total # of Homes that closed escrow during 2009: 2,060
December 2009: 185
November 2009: 170
October 2009: 216
September 2009: 213
August 2009: 174
July 2009: 181
REO/REPO Property Search!
Today’s market has many bank-owned properties available in our area. Click here to view all homes that are owned by the bank and available through the Shasta MLS Database!
SHORT SALE Property Search!
Short sales are another element of our current market. Click here to view all homes that are listed as “short sales” through the Shasta MLS Database!
Don’t know where to begin or what the difference is between traditional sales, REO’s and Short Sales? We’d be happy to help educate you before you begin your search so you understand your options! Don’t forget to call if you would like additional information about any of these homes or would like to preview some…we’re here to help!
Clint and Mindy Cronic of Next Generation Real Estate Services
942 Merchant Street in Redding, CA
530.227.0345
www.SellingRedding.com or www.ReddingBlogs.com
DRE License #’s 01314114 and 01458166
Join the forum discussion on this post - (1) Posts
For more Redding information click here to visit our main Redding Blog, www.ReddingBlogs.com for everything Redding!
February 24th, 2010 at 2:05 am
Shasta (Northwest Redding - Redding, California, US)
Details
Choose your lot in this subdivision! Quiet street with one new home near completion, being built by private party. The street in the subdivision has been accepted in the City of Redding street system for maintenance and operation by the City.
Three lots to choose from:
2991 Crown View Lane features a .85 acre lot
2965 Crown View Lane features a .99 acre lot
2939 Crown View Lane features a .85 acre lot
This new City of Redding street is an eight hundred feet long, dead end street, which mitigates traffic. The street is 32 feet wide fully paved with asphalt. There are no bonds or assessments in existence for these lots. The fire hydrants have a capacity to operate with a consistent 1,000 gallons a minute. There are storm drains with catch basins in street. There are also City manhole covers located in the middle of the street. City street lighting, near driveway entrance of each lot; on 25 feet tall poles; 240 volts; 100 watts. Newly installed curbs and gutters. Newly installed sidewalks, four feet in width, eight inches in depth, with steel reinforced rebar. Handicapped ramp at the corner of lot 1. Double wide concrete driveway aprons. Underground electric lines to each lot. Underground telephone line to each lot. No overhead utilities lines. Gas lines exist to each lot. City water line is buried three feet below the paved street. City sewer is buried five feet below the paved street. No shared driveways. Level building pads.
For more Redding information click here to visit our main Redding Blog, www.ReddingBlogs.com for everything Redding!
February 24th, 2010 at 1:05 am
Shasta (Millville - Oak Run, CA, California, US)
Details
Along Little Cow Creek. This beautiful lot is mostly flat and buildable. Power on lot! Spring fed for watering trees and plants. There are recorded water rights for Little Cow Creek. There are easements allowing in and out access to Oak Run Road and HWY 299. Two beautiful 100 year old oak trees are on this property.
1) 12 acres lot.
2) 10 acres of this property is fully level, and qualified for horses.
3) Absolutely no grading needed.
4) No wood debris, dead trees, or unwanted brush existing on the property.
5) No volcanic rock is seen on this property.
6) The entire lot is fully drivable by any vehicle. No four wheel vehicle needed.
7) The access road on and through the property is at the southern perimeter.
There are no easements, roads, creeks, interfering in access to, or on, the property.
9) This lot is not in any designated flood zone area.
10) The property across the creek from this lot sits lower making for flood control.
11) 1,512 linear feet of year round Little Cow Creek, at northern perimeter of lot.
12) About 1,000 shade trees line this creek, on this property.
13) This may be one of the only lots available with year round, fully accessible creek.
14) Full telephone and electrical lines, with qualified transformer halfway through lot.
15) Seller will pay to install a water well and water storage system on this property.
16) Seller will pay to install an on-site septic system on this property.
For more Redding information click here to visit our main Redding Blog, www.ReddingBlogs.com for everything Redding!
