Cottonwood, CA Real Estate News

By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
LAKE CALIFORNIA CA Homes For Sale - Market Listings Report- March 2, 2010 - Cottonwood CA Homes For Sale                                             LISTINGS FOR SALE   SINGLE FAMILY HOMES - 49 PRICE - $125,000 - 750,000 LIVING AREA - 1,250 - 2,490 square feet VACANT LOTS - 79 PRICE - $7,500 - $325,000 LOT SIZE - <1/4 acre The listings range includes homes located on the airport, water, view or open space. Buyers may also purchase a vacant lot. Design / Build construction services are available from a local luxury custom home builder Buyers and Sellers Seeking Transaction Assistance with Lake California CA Homes For Sale Please Contact: Phone: 530-347-6122                                                                                                  Email: steve@chainrealestate.net   ...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Redding CA - Caltrans Eagle Cam, Nesting Eagle Pair Live Cam  - February 2010   In 2004 a pair of California Bald Eagles made a nest in Redding CA. In 2007 CalTrans in pursuit of Highway work at Hiway 44 and 5 placed a safety cone in the nest in an attempt to relocate the nesting pair. The attempts were to no avail and after public "input" the cone was removed. The Eagle pair have made themselves at home ever since. A Live Cam to monitor the pair of eagles has been streaming live video. The pair were dubbed "Patriot and Liberty" This year the pair are nesting 2 more eggs. Biologists report the eagles are "rolling" the eggs.         Buyers, Sellers and Eagle Lovers Seeking Lake California Homes For Sale Please Contact: Phone: 530-347-6122                                                  ...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Nationwide Home Affordability Summary - February 2010 - Cottonwood CA Homes For Sale NATIONAL HOUSING AFFORDABILTY LEVELS REACH ALMOST 71% According to the 18 year survey results Housing Affordability has reached near historic levels. The positive move in Affordability can be attributed to 1st Time Home Buyer Federal Tax Credits, low home prices and interest rates.                                              First here's the round up on the affordability levels for California Statewide and the North State: CALIFORNIA:(California Association of REALTORS, Q4, 2009) 64% of homes sold were affordable for median income families Median home price $257,000 (CAR assumes 85% median price and 10% down) Median income $44,100  NORTH STATE: CHICO: Almost 66% of all homes sold were affordable for fa...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Economic Indicators Report New Residential ConstructionJanuary 2010 - Cottonwood CA Homes For Sale                                    The Commerce Department’s U.S. Census Bureau today released data on new residential construction in January 2010. Housing starts rose 2.8 percent in January Permits decreased 4.9 percent. Permits have risen 24.7 percent overall since April 2009  Commerce Under Secretary Rebecca Blank states:  “Despite the mixed performance at the start of the year, the outlook for growth in housing activity remains positive,” “Americans continue to recognize that this is a good time to buy a home. Mortgage rates are low Tax credit through April provides attractive opportunities for buyers in the coming months.”   Buyers and Sellers Seeking Assistance With Cottonwood Homes...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
HAMP Remodels Loan Modification Process, COTTONWOOD CA Homes For Sale   Home Affordable Modification Program – Program Update and Resolution of Active Trial Modifications Many homeowners are aware of the efforts of borrowers seeking to modify the terms of their mortgages with their lenders. You may also be aware of borrowers and servicers and their respective disappointments with the process. The Department of the Treasury issued a Supplemental Directive dated the end of January 2010 amending key features of the program. A significant program change is a requirement for full verification of borrower eligibility prior to offering a trial period plan. The Treasury Department/HUD changes are scheduled to be implemented in June, servicers such as Wells Fargo are suggesting they will apply t...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Lake California Cottonwood Market Report February 14, 2010 MLS Listings For Sale SINGLE FAMILY HOMES           45 Price Range:      $125,000 - $750.000 Home Size:       1,250  -  2490 Sq. Ft. Lot Size:             Less Than 1/4 Acre   LOTS                                         80 Price Range:      $7,000 - $325,000 Lot Size:          Less Than 1/4 Acre                                               The listings range includes homes located on the airport, water, view or open space. Buyers can also purchase a vacant lot. Design / Build construction services are available from a local luxury custom home builder Buyers and Sellers Seeking Transaction Assistance with Lake California CA Homes For Sale Please Contact: Phone: 530-347-6122                                                       ...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
COTTONWOOD CA Homes For Sale - CALIFORNIA'S  REFUNDABLE NON-REFUNDABLE DEPOSIT - Lake California Foreclosures                                                         California Association of REALTORS® (CAR) reported that in a recent court case a "nonrefundable" escrow deposit was deemed unenforceable (CA kuish vs. smith/2010 WL373225). The court's opinion: Provisions for forfeiting money or property must be for ACTUAL LIQUIDATED DAMAGES Neither party in this case signed or intial the liquidated damages provision of the agreement Even if both parties agree to a nonrefundable escrow deposit the agreement is unenforceable. According to the Residential Purchase Agreement (RPA)of CAR: Seller's are entitled to escrow deposits Not to exceed 3% of the purchase price Only if both parties intial...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Lake California's Under Valued Amenities-Part V-Cottonwood CA Homes For Sale The Sacramento River boat launch access and Salmon fishing are little known features of home ownership in Lake California. While Salmon fishing has been closed along much of the Sacramento River a portion of the Sacramento River is still open for late fall Chinook (king) Salmon fishing Cottonwood (May 2009 DFG). That portion of the Sacramento River adjacent to Lake California is included in that open area . DFG reports consistent populations, of the Chinook Salmon, are still running here. For those in the market for a home very near some great fishing this is something well worth looking into. The launch fees are modest. The access to the Sacramento River is a fisherman's dream. Cottonwood CA homes for sale The...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
                        Erasing our National Debt Through Accountability and Responsibility Plan Act of 2010-Cottonwood CA Homes For Sale                                                                          H. R. 4566                                                                 I came across a bill introduced February 2, 2010 in the US House of Representatives.  While I have no idea of it's potential of success I was delighted that there are some elected officials that giving some thought to the topic of Erasing Debt, Creating Fiscal Accountiblity and Reponsibilty. Here are the names of the Congressmen (women) associated with the bill: Mr. PAULSEN (for himself, Mr. HERGER, Mr. TIAHRT, Mr. LANCE, Mr. JONES, Mr. GARRETT of New Jersey, Ms. JENKINS, Mr. PAUL, Mr. CASTLE, and Mr. LAMB...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Cottonwood CA Homes For Sale, Make A Buck Today, Cottonwood Houses     HUMOR: Some people may be worried about making a buck today. Perhaps a better approach might be to keep your eyes open. Have you ever been looking for a buck and found  the buck was looking for you.  We "made this buck" resting in the open space behind our home in Lake California. There are many great homes for sale in this Cottonwood community.  You might even consider purchasing a lot and designing and building your dream home with a local custom home builder. There are lots available on Indian Lake, Sacramento River or the Lake California Community Airport.                                     Buyers and Sellers Seeking Transaction Assistance With Cottonwood Homes For Sale Contact: Phone: 530-347-6122              ...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
California's Unsold Housing Inventory Shrinks To 5 Year Low - COTTONWOOD CA Homes For Sale   Existing, single-family home sales increased 4 percent in December to a seasonally adjusted rate of 558,320 units on an annualized basis.  The statewide median price of an existing single-family home increased 0.8 percent in December to $306,820, compared with November 2009.  C.A.R.’s Unsold Inventory Index fell to 3.8 months in December 09, compared with 5.6 months in December 2008. Numerous sources have suggested that a so called,"Shadow Inventory" would be "Dumped" on the market creating an increasingly large unsold inventory of homes. As we previously suggested banks would infact "manage" and release these inventories in a measured and orderly fashion. This appears to be happening and is hav...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
  Lake California Homes For Sale-Housing Report-Case-Shiller Home Price Indices-January 26, 2010 –Cottonwood CA Homes For Sale Data through November 2009, released today by Standard & Poor’s for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, When it comes to buying a home we encourage our clients to drive their investment vehicle using the windshield far more than the rear-view mirror.  As a wise marketing consultant once said, "Every market presents opportunities, but the opportunities are different in every market."                                               The report shows: The annual rate of decline of the 10-City and 20-City Composites continue to improve,  A continuing trend of 10 months of improvement 3rd straight month of single digit decl...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
SHASTA DAM RESERVOIR DATA-JANUARY 29,2010-SHASTA COUNTY The last few weeks have brought some much needed rain to the region. Considering the last 3 years have been considered drought conditions the increase in water levels, at the dam, are a welcome sight. The water level at the dam is presently 56% of full and 71' from the crest.                                         SHASTA RESERVOIR DATA  JANUARY 29,2010 ELEVATION        987.02  (elevation last year 919.14) 24 HOUR CHANGE 0.93 DEPTH AT DAM 437.02     (depth last year 369.14) DIST. FROM CREST 70.98 STORAGE 2,555,773 24 HOUR CHANGE 18.903 PERCENT FULL  56% FLOOD RESERVATION PERM. source: United States Bureau of Reclamation       http://www.flickr.com/photos/mbtrama/ / CC BY 2.0  
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Cottonwood, Shasta, Tehama County Jobs, January 21, 2010 Job Talk, President Obama, Red Bluff   President Obama and VP Biden spoke Thursday to the US Conference of America's Mayors on jobs. They suggested their goal is to create jobs in the small and large communities of the nation.         Job seekers and employers seeking to create new NORTH STATE jobs can contact:   Shasta County Employment Resources: http://www.shastabiz.com/   Tehama County Employment Resources: http://www.jobtrainingcenter.org/   Buyers and Sellers Seeking Real Estate Transaction Assistance Contact: Phone 530-347-6122                                                                               Email: steve@chainrealestate.net SEARCH COTTONWOOD REAL ESTATE                                   SEARCH COTTONWOOD INFORM...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Cottonwood CA Homes For Sale-MEMBERSHIPS ,Mercy Air & Reach Medical Emergency Transport-Lake California Homes For Sale   Many residents in Shasta County and the California North State may be aware of the services of Mercy Air Ambulance and REACH Air Medical Services. What residents may not know is there are memberships available for Air Ambulance Services. MEMBERSHIP: Both services actually have memberships available for individuals and families. The fees for membership range from $20 to $45 dollars, depending on group, individual or family membership. It should be noted in times of emergency it may not be possible to request a specific Air Ambulance and the two services do not share a common membership.  Therefore it is best to sign up for membership with both. BENEFITS:  The benefit o...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Cottonwood CA Homes For Sale, Seven Secrets To  Long Life In, Cottonwood Houses Everyone wants to live a long and healthy life. Well, Doctors believe they have found the fountain of youth. Well, sort of: American Heart Association's research shows that most average 50-year-olds can live 40 more years free of the 2 most common killers. Those being stroke and heart disease. says Dr. Clyde Yancy, president of the American Heart Association states in the Association's ezine, Circulation. The fountain-of-youth is found by maintaining seven factors at or near their ideal levels, states cardiologist Dr. Donald M. Lloyd-Jones. The 7 Secrets to long life: 1. No history of smoking or quit more than one year ago. 2. Body mass index less than 25. Check BMI calculator online 3. Exercise (I know you'...
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By Jeanean Gendron, Specializing in Selling Unique Properties
(The Address Realty)
  Redding CA ~ Sub-Division 1-2 Acre Lots in Cottonwood CA ~ Luxury Lots--3300 Sq. Ft. Minimum. Build for the future on these Luxury Lots. Tall Oaks and Privacy are features of these premium lots. This flag lot is Lot 2 and offers additional Privacy. Lot 6 offer that coveted Cul De Sac Prime Location of End of the Lane Privacy. The Custom Luxury of Estate Parcels fosters a lovely community. Drive by today and see the future of Cottonwood and Bella Oaks, a 1-2 Acre Luxury Community. Redding CA ~ Sub-Division 1-2 Acre Lots in Cottonwood CA ~ Luxury Lots--This beautiful Community has lots to offer the Custom Luxury Home Developer of for that individual who wants to build that custom Dream Home. Call for an appointment to view. Priced at $59,000 I am Jeanean Gendron, your Redding and Shasta...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
COTTONWOOD HOUSES - Analysts Expect Modification Of Loan Modification Program (HAMP) - COTTONWOOD CA HOMES FOR SALE The Obama administration announced Friday: Home Affordable Modification Program (HAMP) has permanently helped only 66,000 homeowners out of 4 million that may be eligible. Analysts expect the Obama administration to modify the modification program.   Treasury Department officials said Friday: More than 900,000 homeowners have signed up for trial modifications and the program has yielded “measurable success.” The conversion rate from trial to permanent modification, however, is only about 15 percent.  The Treasury Department reports that only 75 percent of homeowners are able to stay current on their new payments for a three month trial period.  This Information continues t...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Cottonwood CA Homes For Sale, INTEREST RATE WATCH, FFIEC Urges Banks-Prepare For Higher Interest Rates Interest rates are at or near 50 year lows in large part due to the Federal Reserve's policy to set the interest rate it charges lenders at 0-.25%. The Fed has shown a firm commitment to nurse the US economy back to health.       Typically the Federal Reserve begins to raise interest rates to stave off the effects of inflation that can accompany a growing economy. The FFIEC, which includes the Federal Reserve, FDIC, Office of the Comptroller and Office of Thrift told Banks Thursday:  * Have procedures in place to minimize their risks from loans when present interest rates start to rise. * The advisory wasn't meant to signal any upcoming change in interest-rate policy by the Fed. * A Fe...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
6.5 EarthQuake- USGS Report-January 9,2010- Cottonwood CA Homes For Sale Well, we had all the makings of a quiet afternoon until 4:27P. I felt quit a tremor. Our home was shaking and some items were rattling on the shelves.  The shaking continued for perhaps a minute. Then there was a least one felt after shock.  Apparently the epicenter was somewhere off the Eureka CA coast. Here are the USGS results of the earthquake:             COTTONWOOD CA HOMES FOR SALE
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Cottonwood, CA Real Estate Professionals