Lynn's Blog

AMAZING PRICE REDUCTION, AMAZING LOCATION, A MUST SEE HOME IN PARADISE

Lynn Franklin (Coldwell Banker Ponderosa) — Tue, 01 Jul 2008 21:48:15 -0500

UNBELEIVABLE PRICE REDUCTION!!! LOCATION LOCATION LOCATION. THIS HOME HAS ALL THREE. IT'S LOCATED IN A WONDERFUL NEIGHBORHOOD ON THE WEST SIDE OF TOWN ON THE CORNER OF A PRIVATE LANE. THE LOT IS .47 ACRES WITH A MEANDERING STREAM. HUGE MATURE CAMELLIAS SURROUND THE REAR DECK. INSIDE IS A LOVELY ROCK FIREPLACE IN THE LIVING ROOM, TILE COUNTER TOPS IN THE KITCHEN, BERBER CARPET THROUGHOUT. THERE IS AN ATTACHED GARAGE AND PLENTY OF RV PARKING. SELLER IS IN THE PROCESS OF INSTALLING A NEW ENGINEERED SEPTIC SYSTEM. CURRENTLY BEING OFFERED FOR ONLY $175,000. CALL TODAY FOR A SHOWING OR FOR MORE INFORMATION.

6112 RIPLEY LANE, PARADISE

CALL LYNN FRANKLIN, 530-872-5435, lynn@lynnshometeam.com.

A GREAT OPPORTUNITY FOR BUYERS TO GET ACTIVE IN THIS PARADISE REAL ESTATE MARKET.

In the event a wildfire comes near your Paradise home

Lynn Franklin (Coldwell Banker Ponderosa) — Tue, 01 Jul 2008 21:19:49 -0500

The Butte County Fire Safe Council has done some mailings with information on how to protect yourself in the event a wildfire passes by your home here in Paradise and Butte County. In case you haven't received this information, I wanted to pass it along to everyone that may find it helpful here in Paradise.

If you are unable to evacuate when a fire approaches your Paradise home:

Stay inside your house, away from outside walls and away from the area of fire.
Keep all doors closed, but leave them unlocked.
Keep your entire family together and REMAIN CALM. Remember, if it's hot in the house, it's four to five times hotter and more dangerous outside. Exit after the wildfire passes.

After the fire passes:

Check the exterior and roof immediately; extinguish all sparks and embers.
Check inside the attic for burning embers; extinguish any you find.
Check your yard for burning woodpiles, trees, fence posts or other materials and extinguish.

For information on fires, evacuations, and returning to your home listen to the

Paradise Town Radio: 1500 AM

Upper Ridge Radio: 1460 AM

Information taken from the Butte County Fire Safe Council.

Lynn's Home Team - Our Paradise Featured Home For Sale of the Week

Lynn Franklin (Coldwell Banker Ponderosa) — Sat, 31 May 2008 22:33:30 -0500

1861 SALIDA WAY - Pardise, CA - Home For Sale, $269,00

BEAUTIFULLY PARADISE REMODELED HOME IN TURN-KEY CONDITION. LOCATED IN A GREAT PARADISE CUL-DE-SAC. THIS HOME HAS NEW CARPETS, PAINT IN & OUT, NEW DOORS, FLOORS, MOLDINGS & EVEN NEW LANDSCAPING. DOUBLE GLASS DOOR ENTRY W/SIDE LI TES, TILE THRU THE ENTRY INTO KITCHEN & DINING AREAS. NICE LARGE PANTRY & TILE COUNTER TOPS. NICE NEWER RANGE, OVEN AND MICROWAVE. LARGE NATURAL ROCK FIREPLACE W/INSERT. GORGEOUS REAR PATIO & LANDSCAPING. THE LIST GOES ON & ON THIS IS A MUST SEE PIECE OF PARADISE REAL ESTATE.

TWO BEDROOMS, 1.75 BATHS, 1439 SQUARE FEET OF LIVING SPACE!

Paradise Farmer's Market - Open for the Season

Lynn Franklin (Coldwell Banker Ponderosa) — Sat, 31 May 2008 22:18:57 -0500

As a Paradise homeowner and realtor I try to be as green for our community as I possibly can. That is why I will be frequenting the Paradise Farmer's market that officially opens this upcoming Tuesday, June 3rd.

The Farmer's Market is on Clark Road next to the Paradise post office and open from June through October on Tuesday mornings. The hours of operation are are 7:30 to Noon and open in both rain and shine.

A couple of great things about the Paradise Farmer's Market (other than how incredible the fruits and vegetables are!!)

1) No long distance shipping. Save the gas and environment!

2) Support our local Paradise farmers. Helping our local economy helps our Paradise community and our Paradise real estate market.

Weekly Magalia Real Estate Market Update

Lynn Franklin (Coldwell Banker Ponderosa) — Thu, 15 May 2008 07:23:16 -0500

A stronger week for the Magalia real estate market than what we have been seeing in week's past. There were 6 properties that closed escrow and 4 properties that went under agreement. As expected, the majority of the Magalia real estate activity continues to be seen on those single family homes listed under $250,000, as well as manufactured homes.

Other activity in the Magalia real estate market included 7 new listings and 16 price reductions. The Magalia sellers have been continuing to lower the prices of their listings week after week in an attempt to get the attention of Magalia area buyers. Great interest rates seen this week, with a slight drop to 6.05% for a 30 year fixed rate mortgage.

Weekly Paradise Real Estate Market Update

Lynn Franklin (Coldwell Banker Ponderosa) — Thu, 15 May 2008 07:11:04 -0500

Last week in the Paradise real estate market there were 9 properties that went under agreement. 5 listings that closed escrow, and another 25 new listings that hit the market. Of the Paradise properties that that went under agreement and closed escrow, the majority were single family homes priced under $250,000 and manufactured homes.

Some great news for the market is the 30 year fixed mortgage rate that continues to remain at great lows, 6.05%. This is especially ideal for all those buyers out there that want to take advantage of the 25 properties that experienced price reductions last week. YES...that's right 25 price reductions. The Paradise real estate sellers are ready to negotiate and make a deal!

Can you define a buyer's market?

Lynn Franklin (Coldwell Banker Ponderosa) — Mon, 12 May 2008 22:02:02 -0500

I am often asked about the Paradise real estate market conditions and whether I feel we are currently in a buyer's market. I have to tell you, this is not an easy question to answer. Reason being, you will find little consistency when asking real estate professionals and financial experts the true definition of a buyer's market.

Some of the definitions out there,

1) The average days on market in a typical market are 180 days for most real estate markets. If the average days of available housing inventory falls above that then the market is in favor of the buyer. If the average days fall below 180 days then the market is in favor of the seller. The days on market is relative the amount of inventory that is available.

2) If there is more real estate inventory available than buyers then we are in a buyer's market.

3) If average home prices are declining than we are in a buyer's market.

I've included some Paradise real estate statistics for January through April of 2008 and January through April of 2007. Based upon the definitions and the statistics, what do you think? In your opinion, is the Paradise real estate market in favor of the buyer?

Paradise Manufactured Home Sales, January - April

Year

Jan. to

April

Average

Sale Price/List Price Ratio

Average List Price

Average Sold Price

Average DOM

Inventory Available

Average Sold Per Month

2008

95%

$53,127

$50,500

2007

98%

$52,053

$51,045

Paradise Single Family Home Sales, January - April

Year

Jan. to April

Average

Sale Price/List Price Ratio

Average List Price

Average Sold Price

Average DOM

Inventory Available

Average Sold Per Month

2008

93%

$267,823

$249,463

233

2007

97%

$262,156

$253,804

306

Weekly Magalia Real Estate Market Update

Lynn Franklin (Coldwell Banker Ponderosa) — Fri, 09 May 2008 08:55:45 -0500

The Magalia real estate market has been moving at a slow pace. Last week there were 2 properties that went under agreement and only 1 listing that closed escrow. The Magalia sellers however are hoping to pick up the pace as 22 sellers lowered the price on the real estate properties they have on the real estate market. That represents about 18% of the single family homes for sale. So with low interest rates and Magali sellers ready to negotiate, it is time for Magalia area buyers to start looking!

Weekly Paradise Real Estate Market Update

Lynn Franklin (Coldwell Banker Ponderosa) — Fri, 09 May 2008 08:37:33 -0500

The Paradise real estate market has been picking up some speed. Last week there were 13 listings that closed escrow and 12 listings that went under agreement. The Paradise sellers though are letting all the prospective buyers out there know that they have more to offer.

We saw 26 price reductions last week, which represents more than 10% of the single family residential listings on the Paradise real estate market. The sellers are ready to make a deal. The low mortgage rates are another added bonus for all the prospective Paradise buyers. A great time to buy, especially for the first time buyers with 30 year fixed rate mortgages at 6.06%

Lynn's Home Team, Green Tip Of The Week

Lynn Franklin (Coldwell Banker Ponderosa) — Thu, 08 May 2008 13:16:59 -0500

Next time you make coffee at your Paradise home, don't throw out the coffee grounds!

I have a couple of uses for those coffee grounds that are especially good after you've enjoyed your morning cup of coffee.

1) Take a spoonful of those warm grounds and mix them with your favorite hand soap. As you scrub the two together in your hands it will act as an incredible exfoliant for your hands, and the soap will keep everything clean. It will be like your very own spa treatment!

2) Once you finish up exfoliating your hands, you can then put the rest of the grounds aside for later use on your Pardise landscape. They make a great ferilizer for evergreen shrubs and trees!

A couple of great benefits for you by keeping those grinds out of the trash!!

Go Green!

6040 Tiffin Court, Magalia, CA 95954

Lynn Franklin (Coldwell Banker Ponderosa) — Fri, 02 May 2008 07:55:56 -0500

UNBELEIVABLE CURB APPEAL IS ONLY THE BEGINNING. BEAUTIFUL LARGE MAGALIA HOME WITH WRAP-AROUND DECK, 4 BEDROOMS, 3 BATHS OVER 2000 SQ FT OF LUXURY LIVING AT IT'S BEST! QUIET CUL-DE-SAC LOCATION IN THE POA WITH ALL THE RECREATIONAL PRIVILEDGES INCLUDING SWIMMING POOL AND REC ROOMS. HOME HAS WOOD FLOORS, DORMER WINDOWS, REMODELED BATHROOMS, NEWER FIXTURES, AND MORE, THIS IS A MUST SEE. CALL TODAY FOR YOUR PERSONAL SHOWING, 530-872-5435.

6332 Juneau Court, Magalia, CA 95954

Lynn Franklin (Coldwell Banker Ponderosa) — Fri, 02 May 2008 07:35:10 -0500

New Real Estate Listing in Magalia!! You won't believe this price, only $112,000 for this great property for sale in Magalia!!!

Great manufactured home on it's own 1/4 acre lot. Two bedrooms, two baths, 1248 square feet of living space, wood stove, hardwood floors, and large deck with built in benches. Plenty of space to park your RV. There is also a great inside laundy room and pantry in the kitchen. Don't delay with this on this great Magalia piece of real estate, Call today for your personal showing, 530-872-5435.

Green Tip of the Week from Your Paradise Realtor, Lynn's Home Team

Lynn Franklin (Coldwell Banker Ponderosa) — Mon, 28 Apr 2008 08:29:40 -0500

Last week in the blog we talked about getting your gardens and landscape in order at your Paradise home. Especially if you have your home listed in the (busier!!! Yeah!!) Paradise real estate market, because curb appeal is VERY important. So for my green tip this week I wanted to send you a few suggestions on keeping you landscape work green. Currently it is estimated that 50% or more people use harmful pesticides and landscaping techniques. By tring a few of these tips, you may be able to help reverse the trend.

For pest control go with a homemade mixture or useful insect. To get rid of those pesky bugs and weeds use hot peppers and water. Visit the Green Guide Report or the Beneficial Insect Guide for ideas.
Use Organic compost instead of fertilizer. You can either make your own or by some at Gardeners.
Let your grass grow to 3 or 4 inches. This will create a deeper stronger root system. This will help with the weeds that do pop up, they will be blocked by the sun.

2008 Gold Nugget Days!! Strike it Rich in Paradise When You Visit Lynn's Home Real Estate Team

Lynn Franklin (Coldwell Banker Ponderosa) — Thu, 24 Apr 2008 07:46:14 -0500

Stop by and visit me at Gold Nugget Days this weekend on April 26th & 27th. The event is held at the Terry Ashe Park on 6626 Skyway in Paradise. I will be at booth #70 and giving you the opportunity to strike it RICH!! I will be hosting several drawings to give away all kinds of prizes. I will also have information about the Paradise area real estate market, including area Information, first time homebuyer packets and much more.

Paradise has been celebrating The Gold Nugget Days since 1959 in honor of the 54-pound gold nugget found in 1859. You can take a look at this site for more information on the fun that will be in Paradise this weekend.

For any Paradise area real estate needs pleae just let me know, I'd be glad to help you out!

Magalia CA Weekly Real Estate Update

Lynn Franklin (Coldwell Banker Ponderosa) — Wed, 23 Apr 2008 13:40:05 -0500

The weather has been great and the real estate market in the area seems to be picking up. So I really wanted to sit down today and write an update for the Magalia market with a flashy headline like, “The Spring Real Estate Market Has Officially Started in Magalia.” Unfortunately, my update on the Magalia real estate market will have to go in a slightly different direction.

Although the interest rates are still fantastic at an average of 5.88% for a 30 year fixed rate mortgage and there is plentiful available inventory experiencing record numbers of price reductions week after week (10 occurred last week), there doesn’t seem to be too many Magalia properties going under agreement or closing escrow. This past week only 3 properties went under agreement and no properties actually closed escrow. Of the properties seeing activity right now in Magalia, it is the manufactured homes that are getting the most attention with 22% of the listed properties currently under agreement.

I would therefore encourage all the Magalia prospective buyers to get out there and try to make a deal on a home as the Magalia sellers are ready to negotiate. Plus the interest rates are FANTASTIC!

For a more detailed market report, please feel free to give me a call. I’d love to provide one for your specific needs.

Paradise CA Weekly Real Estate Market Update

Lynn Franklin (Coldwell Banker Ponderosa) — Wed, 23 Apr 2008 13:20:47 -0500

What a great week for the Paradise real estate market which experienced a bit of a surge in activity. We had 17 properties close escrow doubling the averages we have been seeing in recent weeks. On top of the 17 properties that closed escrow, Paradise had another 7 properties go under agreement. The Paradise market also had another week of desirable interest rates being available, as they are holding constant at 5.88%for a 30 year fixed rate mortgage.

Paradise also had 29 new listings hit the market and 19 of the active listings experience price reductions, making the plentiful inventory even more affordable for all the prospective Paradise buyers out there. Activity remains strong for single family homes priced below $250,000. There is a total of 100 single family homes for sale in this category and 26 of them are currently under agreement. Other Paradise housing categories receiving a healthy level of attention are the manufactured homes and those Paradise single family homes priced between $350,000 and $450,000 with 24% and 19%, respectively, of the properties currently under agreement.

Get Your Paradise Gardens Ready!!

Lynn Franklin (Coldwell Banker Ponderosa) — Fri, 18 Apr 2008 15:10:31 -0500

Are you ready to start your landscape projects this year? A quick checklist to make sure you have all your bases covered this spring while keeping up the outside of your Paradise home.

Landscaping and gardening are one of those pesky items that can really get out of hand when neglected. So I always like to make myself a little checklist of items that really should be maintained on a regular basis so they don't become a huge chore later on! Keeping up with this home maintenance is a good idea for everyone so that you can keep up your Paradise home's value. Also in case you ever want to jump into the Paradise real estate market , your home will be sell ready!!

•1. Put in paths between plants and overgrown perennials. This will help keep your yard look well manicured even if you are using mostly perennials or naturally growing landscape to decorate your yard.

•2. Add a bench or a bird bath to an area that would need excessive weeding. This will cut down on the amount of weeding that will need to be done and provide some extra beauty.

•3. Keep your garden and lawns hydrated (with rain barrels to use left over rain over..that's best for the environment!)

•4. Lightly rake the lawn before putting on any fertilizers or moss killers.

•5. Put seed down on any bald spots in the lawn.

•6. Shear and Prune your evergreens before the real heat sets in.

•7. Mulch and compost areas that need extra nutrients for optimal growth.

Magalia Weekly Real Estate Update

Lynn Franklin (Coldwell Banker Ponderosa) — Thu, 17 Apr 2008 10:11:42 -0500

If slow and steady wins the race, then the Magalia real estate market will be ok.

We have just come off another week of slower activity but it is very consistent with the activity level we have seen in weeks past. There were 15 new listings that hit the Magalia real estate market with another 12 listings experience price reductions. During this same time period there were 3 properties that went under agreement and another 2 properties that closed escrow. Consequently the available Magalia real estate inventory continues to build! So buyers, go ahead and take advantage of the 5.88% average on the 30 year fixed rate mortgages and take the plunge into Magalia homeownership today. Currently there are 245 real estate listings in Magalia with 132 of them being single family homes, 64 of them being manufactured homes, and 49 being land.

Call today for a more detailed market report.

Paradise Weekly Real Estate Update

Lynn Franklin (Coldwell Banker Ponderosa) — Thu, 17 Apr 2008 09:48:43 -0500

The Paradise real estate market is experiencing pretty consistent activity with 14 properties going under agreement last week and another 9 properties closing escrow. There were 26 new listings that hit the market for this same time period, so available inventory continues to outpace the amount of Paradise real estate being sold. This coupled with the low 5.88% average for 30 year fixed rate mortgages poses some great opportunities for Paradise area buyers.

Housing categories that are still experiencing the most activity are those single family homes priced between $350,000 and $450,000 as 27% of the properties are currently under agreement. The other two most active categories are the single family homes priced below $250,000 and the manufactured homes with 25% and 24%, respectively, currently being under agreement.

For a full market report, please just give me a call. I'd love to provide one!

1861 SALIDA WAY, PARADISE, CA

Lynn Franklin (Coldwell Banker Ponderosa) — Tue, 15 Apr 2008 07:13:36 -0500

GREAT PIECE OF REAL ESTATE!

BEAUTIFULLY REMODELED HOME IN TURN-KEY CONDITION. LOCATED IN A GREAT PARADISE CUL-DE-SAC. THIS HOME HAS NEW CARPETS, PAINT IN & OUT, NEW DOORS, FLOORS, MOLDINGS & EVEN NEW LANDSCAPING. DOUBLE GLASS DOOR ENTRY W/SIDE LITES, TILE THRU THE ENTRY INTO KITCHEN & DINING AREAS. NICE LARGE PANTRY & TILE COUNTER TOPS. NICE NEWER RANGE, OVEN AND MICROWAVE. LARGE NATURAL ROCK FIREPLACE W/INSERT. GORGEOUS REAR PATIO & LANDSCAPING. THE LIST GOES ON & ON THIS IS A MUST SEE PROPERTY. 1861 SALIDA WAY, PARADISE, CA

Visit my site, http://www.listingsbylynn.com/, for more information or feel free to give me a call.

Lynn's Home Team - Green Tip Of the Week

Lynn Franklin (Coldwell Banker Ponderosa) — Mon, 14 Apr 2008 11:59:37 -0500

Energy costs are on the rise here in Paradise and throughout the nation, obviously no question about that. This means that you are likely seeing in increase in your water and sewer bills as well. So my green tip for you this week is to take shorter showers.

Think about how you would be helping your Paradise household's pocketbook as well as the environment.

Less water usage is better for the environment and less money for on your water/sewer bill.
Less time in the shower means less water that needs to be heated which cuts down on your fuel usage and bill (better for the environment and your pocketbook) and possbily your electricity usage and bill.

And...the less time you spend in the shower each morning, the more time you have to sip on some coffee outside your home, enjoying the beautiful Paradise environment! A little bit of relaxation outdoors can go a long way to help de-stress your day.

The Magalia Real Estate Market - What Happened in the Month of March

Lynn Franklin (Coldwell Banker Ponderosa) — Sat, 12 Apr 2008 12:21:41 -0500

Spring arrived in the month of March and so did some low 30 year fixed rate mortgages in the Magalia area. Currently at 5.88% with March just recently behind us. Some other Magalia real estate market statistics for the month of March are as follows:

Magalia - March 2008

	Site Built Homes	Manufactured Homes on Land	Vacant Land	Total
New Listings	19	11	6	36
Sold	5	5	1	11
Under Contract	6	5	0	11
Price Reduced	20	8	9	37
Expired or Withdrawn	14	5	11	30

Total Listings Vs. Activity - Magalia

	Total Active Listings	Under Contract Listings	Percent Under Contract
Site Built Homes	127	13	10%
Manufactured Homes	62	13	21%
Vacant Land	49	0	0%

The Paradise Real Estate Market - What Happened in the Month of March

Lynn Franklin (Coldwell Banker Ponderosa) — Sat, 12 Apr 2008 10:17:03 -0500

Spring arrived in the month of March and so did some low 30 year fixed rate mortgages in the Paradise area. Currently at 5.88% with March just recently behind us. Some other Paradise real estate market statistics for the month of March are as follows:

Paradise - March 2008

	Site Built Homes	Manufactured Homes on Land	Vacant Land	Total
New Listings	50	9	14	73
Sold	22	3	1	26
Under Contract	30	6	2	38
Price Reduced	57	5	6	68
Expired or Withdrawn	25	4	12	41

Total Listings Vs. Activity Paradise

	Total Active Listings	Under Contract Listings	Percent Under Contract
Site Built Homes	223	42	19%
Manufactured Homes	62	13	21%
Vacant Land	76	8	11%

Paradise Weekly Real Estate Update

Lynn Franklin (Coldwell Banker Ponderosa) — Wed, 09 Apr 2008 15:07:54 -0500

Attention all Paradise buyers, now is the time to buy! The average 30 year fixed rate is again at historical lows, currently being only 5.88%. There is plentiful available inventory to choose from in almost every housing category, with another 24 properties hitting the market this past week. Another great factor for Paradise area buyers to consider is the large number of price reductions that the market continues to see week to week. This past week the Paradise real estate market had 22 price reductions on single family homes and manufactured homes.

Paradise activity is remaining consistent with 14 properties going under agreement and 6 properties closing escrow, up slightly from last week with 11 and 5 respectively. Currently 26% of single family homes priced under $250,000 are under agreement, 29% of single family homes priced between $350,000 and $450,000 are under agreement, and 21% of manufactured homes are under agreement. If you are interested in seeing a full market report for your area, please just give me a call or send me an email, I'd love to provide you with one.

Lynn's Home Team - Featured Property of the Week - 80 Acres!!!

Lynn Franklin (Coldwell Banker Ponderosa) — Wed, 09 Apr 2008 14:33:09 -0500

With the warmer weather often comes the opportunity to break down on a building project.

If there is anyone out there that likes privacy, that likes canyon views, and loves tranquility, then do I have a piece of property you may want to take a look at. Whether you are thinking about getting ready to put up that retirement home or thinking about a brand new home as you are starting a family, this 80 acre lot in Magalia would be a priceless location!

Unbelievalbe 80 acres in the heart of lower Magalia with gorgeous views. This property is right off W. Park and Woodpecker and is approximately 1/2 mile long by 1/2 mile deep. Fantastic direct canyon views from several potential building sites. It is mostly rolling terrain with a creek, waterfall, and lots of timber right on the property. This is a one of a kind!!

0 Woodpecker Road, Magalia, CA. Offered at $495,000. Call Lynn for more details. 530-872-5435