market conditions: Have we hit bottom yet? - 11/19/09 05:35 PM
We're often asked this question by friends, family and clients and while it's important to clarify that not all homes hit bottom at the same time, if we look purely at local MLS numbers and current market activity, we can safely say that Redding's Real Estate market in general has seen … (4 comments)
market conditions: Redding CA Real Estate Market Update - 11/08/09 01:39 AM
Home inventory is going down and sales activity is going up! That is great news for the Shasta County real estate market. Anything under $200,000 sells...that seems to be where the buyers are. This is primarily due in part to the First Time Home Buyer Tax Credit which was recently extended through 2010. … (0 comments)
· Sales activity is down this month: 95 single family homes sold in the last thirty days compared to 144 the previous month. However, we are experiening an increase in activity ith approximately 289 single family homes currently in contract (pending). … (0 comments)
market conditions: Redding Ca Housing Market Statistics - 09/02/08 09:24 PM
Active Residential Listings in Shasta County: 1,876 (43% of these are in Redding)
There are 208 houses pending close of escrowin Redding
Of the 772 active single-family homes listed in Redding, approximately 20% are in a short-salesituation (pre-foreclosure) or bank owned (foreclosed) status. This number has doubled from a year ago in September … (0 comments)
market conditions: Local Market Conditions & Local News - 05/22/08 02:16 PM
Local Market Conditions
A return to "affordability" May 2008:
Finally, people can afford to buy a home again! With prices falling in many parts of the country and the number of foreclosures rising, a small yet growing number of bargain-hunting buyers are seeing an upside to the real estate market. … (0 comments)
market conditions: Market Conditions: Redding CA - 03/25/08 09:27 PM
Real Estate in Redding CAWe have seen an increase in activity in the last three months with more and more homes going "pending" (or in escrow).Our MLS shows the following "pending" homes:January 2008 - 31 homesFebruary 2008 - 121 homesMarch 2008 - 139 homesWe are entering the "spring rush", historically the … (0 comments)
market conditions: Redding CA Real Estate - Are we in a down market? - 12/27/07 07:05 PM
Some of you may be thinking about selling your house but are not sure this is the best time to do it. In 2006 the market began shifting across the country and by the time 2007 hit, it was clear we were entering a new market cycle, making it harder to be a … (2 comments)
market conditions: Real Estate Monthly ~ Redding, CA - 11/05/07 04:21 PM
NOVEMBER 2007 MARKET UPDATE: Forecasters indicate that the market won't be necessarily robust next year but will average 2% or so overall growth, which is roughly the same as this year. Our personal prediction is that the housing market will turn around in 2009, as we start to see the baby-boomers retire … (0 comments)
market conditions: Real Estate Monthly ~ Redding, CA - 10/10/07 10:22 AM
OCTOBER 2007 MARKET CONDITIONS Looking at the past nine months, we've seen a 5% drop in sales from last year with September being the slowest month with only 134 sold homes. Average sales per month are around 190 homes. Our busiest month was June with 234 sales. We currently have 2,042 active residential listings … (0 comments)
market conditions: Real Estate Monthly ~ Redding, CA - 09/03/07 02:26 PM
In the last month we have noticed a number of contradicting reports about the stability of the real estate market. Lenders say one thing, real estate analysts and agents say another but we know everyone is carefully watching the trends. One thing is clear...there is a mortgage crisis going on due … (0 comments)
market conditions: Local Market Conditions ~ Redding CA - 07/16/07 03:36 PM
It's no surprise we are in a buyer's market. Inventories of existing homes are higher than they have been in years but staying pretty close to the numbers we saw in 2006. Prices have definitely stabilized and percentages of home sales have declined by about 3%. The average sales price is … (0 comments)
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We're often asked this question by friends, family and clients and while it's important to clarify that not all homes hit bottom at the same time, if we look purely at local MLS numbers and current market activity, we can safely say that Redding's Real Estate market in general has seen … (4 comments)
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