Everyone seems to be preparing for the New Year in this Magalia real estate market. There were 12 new listings and 17 price reductions as Magalia home sellers try to get the attention of prospective Magalia home buyers. Actual sales activity was very light this past holiday week, with only 3 homes going under agreement and 4 homes selling. Interest rates inched up to 6.17 from 6.11 for 30 year fixed rate mortgages. For a full market report or to discuss the market in detail, you can reach me anytime on my direct office line at (530) 872-5435 or my cell at (530) 520-6900 or email me at Lynn@LynnsHomeTeam.com. Please visit my website for your complete guide to all that Paradise and the surrounding areas have to offer at www.LynnsHomeTeam.com. 01/01/2008

The Magalia real estate conditions are very similar to those reported last week.  Price reductions and new listings are prevalent as Magalia home sellers attempt to get their homes noticed by all prospective Magalia home buyers this upcoming January.  In Magalia this past week, there were 5 price reductions, 10 new listings, while only 3 Magalia properties went under agreement, and 2 Magalia properties were officially sold.  The first time Magalia home buyer and retiring "down sizing" Magalia home buyers seem to be the most active in the current market.  This past week Magalia homes up to $250,000 and Magalia manufactured homes had the highest percentages of total listings under agreement.  The Magalia manufactured homes are performing the strongest with 18% of the total listings being ... 12/20/2007

Department stores in Magalia are not the only ones rolling back the prices this time of year.  It is also the Magalia home sellers.  With the market conditions not changing much from week to week, the weekly Magalia price reductions remain at a very high level.  Last week in Magalia there were 6 new listings and 12 price reductions.  This combination equals a definite Magalia buyer's market.  There is plenty of Magalia real estate inventory at reduced prices and a lower 30 year fixed rate at 5.96.  The Magalia real estate market also had 3 properties go under agreement, while 3 properties were sold.  For a full market report or to discuss the market in detail, you can reach me anytime on my direct office line at (530) 872-5435 or my cell at (530) 520-6900 or email me at Lynn@LynnsHomeTe... 12/14/2007

         Class Bedrooms Current Active Avg List Price Avg DOM All All 242 $242,251 105 RE All 200 $258,616 102 RI All 3 $279,650 136 MF All 0 $0 0 LD All 38 $147,703 117 FR All 1 $449,900 118 CM All 0 $0 0 LS All 0 $0 0   Class Bedrooms Total Listed Num Sold Pct Sold Avg List Price Sold Avg Sale Price Sold Sale Price/List Price Ratio Avg DOM Sold Avg List Price Unsold Pct Expired All All 35 18 62.07% $202,080 $197,153 97.56% 80 $211,333 34.29% RE All 29 18 62.07% $202,080 $197,153 97.56% 80 $224,609 34.48% RI All 0 0 0.00% $0 $0 0.00% 0 $0 0.00% MF All 0 0 0.00% $0 $0 0.00% 0 $0 0.00% LD All 6 0 0.00% $0 $0 0.00% 0 $102,916 33.33% FR All 0 0 0.00% $0 $0 0.00% 0 $0 0.00% CM All 0 0 0.00% $0 $0 0.00% 0 $0 0.00% LS All 0 0 0.00% $0 $0 0.00% 0 $0 0.00%  10/06/2007

July 2007 Market Report for Oroville, CAby Sandi Bauman     Realtor, ABR, e-PRO         Chico Homes     2580 Sierra Sunrise Terrace, Suite 120     Chico, CA  95928     (530) 864-5407Search the entire Chico MLS here!  http://www.chicohomesearch.netHere are the numbers as reported by the Sierra North Valley MLS for the month of July, 2007.ClassBedroomsCurrent ActiveAvg List PriceAvg DOMAllAll268$237,280105REAll224$255,03897RIAll2$274,975134MFAll0$00LDAll41$132,990144FRAll1$459,90067CMAll0$00LSAll0$00ClassBedroomsTotal ListedNum SoldPct SoldAvg List Price SoldAvg Sale Price SoldSale Price/List Price RatioAvg DOM SoldAvg List Price UnsoldPct ExpiredAllAll602541.67%$230,856$224,27897.15%69$226,68248.33%REAll492244.90%$224,381$218,27097.28%55$245,10048.98%RIAll010.00%$465,000$450,00096.77%92... 08/16/2007

 If you need a lender for your real estate purchase or re-finance, you might want to try my friend Ken Hunt at Windsor Capital in Paradise, California.  He has given great service to my clients, and will certainly help you.  just call 530-877-8800. 07/14/2007