It’s increasingly likely that Congress will extend and expand the popular home buyer tax credit, which will expire next month. CNN.com reported today that a compromise proposal based on bills that have already been introduced could pass the Senate as early as this week (assuming that it is attached to a bill to extend unemployment [...]

It’s increasingly likely that Congress will extended and expand the popular home buyer tax credit, which will expire next month. And a compromise proposal based on bills that have already been introduced could pass the Senate as early as this week, CNN reported today.
The compromise bill would likely allow some existing homeowners to take [...]

SHASTA MLS REAL ESTATE UPDATE
Available residential listings: 1,427 (up from 1,407 last week and 1,408 two weeks ago)
Homes in escrow: 515 (down from 523 last week and up from 506 two weeks ago)
Homes closed escrow so far in October: 140
Homes closed escrow in September: 213

Homes closed escrow in August: 174
Homes closed escrow in July: 181
Homes closed escrow in [...]

Home prices rose 1 in August from the seasonally-adjusted July level — the third month in a row of increases, according to S&P/Case Shiller home price index.
The 20-city index was down 11.3% on a year-over-year basis but the drop is only that severe because it compares August home prices to August 2008, before the economic [...]

Regular readers of this blog may remember that I bought a bank-owned home as an investment property last March. Here’s an update.
I lost my first tenant in September. He stopped paying rent when his income dried up. I knew I was taking a chance on him when he couldn’t quite scrape together the full down [...]

Regular readers of this blog may remember that I bought a bank-owned home as an investment property last March. Here’s an update.
I lost my first tenant in September. He stopped paying rent when his income dried up. I knew I was taking a chance on him when he couldn’t quite scrape together the full down [...]

(Cottonwood - Cottonwood, California, US)Details

Explore this gorgeous new custom home on 1.95 acres! Featuring a very usable greatroom-style split floorplan spanning three bedrooms and three baths this home has plenty of room for guests! Large double-door office and formal dining off entry. Upgrades incl. granite slab counters, tiled flooring, stained patio/drive, built-in cabinets & large [...]

Government investigators revealed today that fraud is rampant in the First-Time Homebuyer Tax Credit program. Over 100,000 taxpayers have tried to cheat the system, the IRS says. Some of filers for the credit were just four years old.
The program allows people who haven’t bought a home in the past three years to claim up [...]

Government investigators revealed today that fraud is rampant in the First-Time Homebuyer Tax Credit program. Over 100,000 taxpayers have tried to cheat the system, the IRS says. Some of filers for the credit were just four years old.
The program allows people who haven’t bought a home in the past three years to claim up [...]

I’ve attached the quarterly trending report for July - September 2009 with great information on how the local real estate market has been handling the national economy crisis.  Click Here to view the entire report!  Here’s some quick highlights of those statistics:

The total number of listings on the market during last quarter was 1151 which [...]