Redding, Ca Blog: Recreation, Real Estate, Events & People

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January 16th, 2010 at 4:05 pm

Height of California Real Estate Market Data Released!

Latest Statewide Data From C.A.R.!

So how does our current market compare to the “height” of the market for our area?  The California Association of Realtors (CAR) released information in late December that depicts the height of the market in many areas of the state and then compares that to the November 2009 statistics to show the percentage of decrease that has happened since the height in our market.  For Northern California (above Sacramento) the height of our market was in August of 2005 with a median peak price of $440,420.  With November 2009’s median price of $268,700, the percentage of decline our local market has seen since its peak is approximately 39%.  To see the graph of all areas of the state Click here!

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 at Next Generation Real Estate Services 

DRE License #’s 01314114, 01458166

Phone: 530.227.0345  Email: contactus@sellingredding.com 

Web: www.sellingredding.com Blog: www.reddingblogs.com/reddingrealestate

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