I just wanted to take a moment to discuss a SHORT SALE as many people that we encounter in the Redding area have no clue what it actually means. 

A “short sale” is when someone who owns a home (financed by a bank) is allowed to sell the home for less than the current amount owed [...]

Join the forum discussion on this post - (1) PostsResidential Listings: There are currently 1543 active listings (up from 1525 1 month ago and 1538 earlier this week) and another 303 listings that are pending escrow (exactly the same as 1 month ago and down from 318 earlier this week). So far this year [...]

Join the forum discussion on this post - (1) PostsNearly everyone these days has been watching the TV shows on HGTV…”Design on a Dime”, “Buy Me”, “Color Splash”…or even the latest “The Stagers”.  We’ve learned how to make our homes look like a million bucks for next to nothing for actually living in them [...]

Join the forum discussion on this post - (1) PostsWell most people reading the local newspaper, The Record Searchlight, couldn’t miss the front page article yesterday about the local housing market in contrast to the economy crisis nationwide. 
According to DataQuick Information Systems the median sales price in Shasta County was $212,750 for new and resale [...]

Residential Listings:  There are currently 1746 active listings and another 384 listings that are pending (in escrow).  Two weeks ago there were 1877 active listings with another 368 in escrow which was up from 1,702 active listings 4 months ago! 

     Historical Data for Closed (Sold) MLS Listings in Shasta County

163 closed escrows in April 2008
182 closed escrows in May 2008
151 closed escrows in June [...]

In recent years, according to the Treasury, there have been 23 instances of major fraud involving $250 million in estimated losses with properties undergoing a “1031 exchange”. Unfortunately the land owners have been unaware of the fraud which sometimes forces exchangers to get hit with large tax bills from the IRS. 
Those responsible for 1031 exchange fraud are generally the intermediaries [...]

If you are thinking of buying a home you should be familiar with what a home inspector is and why you would hire one.  First, a home inspector does just that-inspects the home.  Generally a licensed home inspector will help you to determine the major problem areas (if any) and help guide you to get [...]

Proper Planning for a Home Purchase Can Eliminate ALL of the Stress
By: Jonathan Hansen
Planning everything properly before striking the final deal on your new home purchase can make the transaction virtually stress free!
There is nothing more stressful than buying a new home. So, whenever you are determined to buy a new home, you need to [...]

Join the forum discussion on this post - (1) PostsHere’s a link to our newest listing, a 3300 square foot home on 10 acres in West Cottonwood between Redding and Red Bluff, California. This log home has a great in-law setup as well as an additional recreation room plus 3 other bedrooms and [...]