Many Paradise and Magalia homeowners are now sighing with relief as their power is restored and their roads are cleared after the mess that was created in last Friday's winter storm.  If you were one of the lucky ones, then your Paradise home was not hit by any fallen trees or any other debris.  Unfortunately though, that does not mean that your real estate investment escaped all damage as a result of this storm that swept through Paradise.  The mess from winter storms, if not cleaned up properly, can create real havoc.  There are a few tips that I would like to pass along to you so that you can protect your Paradise real estate investment.•-         Check your roof for ice dams and excessive levels of snow; break up any dams and remove them. •-         Knock snow and ice from tree bran... 01/10/2008

The New Year has not brought a new pace to the Paradise real estate market.  We are still experiencing high levels of inventory with the number of new listings and price reductions exceeding the number of sales.  There were 15 new listings last week in Paradise with 9 price reductions and 7 sold listings.  The single family homes under $250,000 and manufactured homes are still the two types of properties that are experiencing the most activity with both categories selling at a rate of 21%.  The 30 year fixed rate fell slightly from 6.17 to 6.07, making the real estate mortgage conditions very desirable to take advantage of the continuous price reductions in Paradise.   01/09/2008

Everyone seems to be preparing for the New Year in this Paradise real estate market. There were 19 new listings and 12 price reductions as Paradise home sellers try to get the attention of prospective Paradise home buyers. Actual sales activity was very light this past holiday week, with only 6 homes going under agreement and 8 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. 01/01/2008

Another year is coming to a close and everyone is beginning to set their New Year's resolution.  You often hear of people making plans to live healthier and smarter financially.  For 2008, I would encourage you to take a more holistic approach to your resolution.  Try moving towards more of a "green" lifestyle.  By going green, you would be surprised how some of the other things on your resolution list fall into place.  A great site to help you get started is sponsored by National Geographic and it is called the Green Guide.  Another great resource to set the new year off with a bang is Green Living Online.  They have a great article about ways to make your New Year's Eve party more eco-friendly.  Also a great way to be green and support local business is to check out one of the Natural... 12/30/2007

What a busy weekend here in Paradise and beyond!  Everyone is running in all different directions to do their last minute gift shopping and grocery store runs in preparation of the great holiday parties with family and friends.  Although the parties and visiting are incredibly fun, I equally enjoy my family tradition of coming home early enough on Christmas Eve to ensure that cookies have been left out for Santa and that all the extra special details are in place for Christmas Day here in Paradise.  A great website for ideas and recipes is northpole.com.  You will find recipes from Mrs. Claus, Christmas music, holiday puzzles, and many other neat Christmas ideas. Wishing you the Happiest of Holidays, Your Hometown Paradise Realtor 12/22/2007

As we all begin to wind down for the holiday weekend in Paradise, I thought I would take a small break from real estate and share a little bit of fun with you!  This little cat is adorable!!  YOU HAVE GOT TO PET THIS CAT!!!!http://www.broenink-art.nl/maukie2.swfHappy Holidays and Warmest Wishest to you and yours!!! 12/20/2007

The Paradise real estate conditions are very similar to those reported last week.  Price reductions are prevalent as Paradise home sellers attempt to get their homes noticed by all prospective Paradise home buyers this upcoming January.  In Paradise this past week, there were17 price reductions, 13 new listings, 9 Paradise properties went under agreement, and 7 Paradise properties were officially sold.  The first time Paradise home buyer and retiring "down sizing" Paradise home buyers seem to be the most active in the current market.  This past week Paradise homes up to $250,000 and Paradise manufactured homes had the highest percentages of total listings under agreement.  Both two categories are performing strong with more than 20% of the listings being under agreement.  This is not th... 12/20/2007

Over this last week we have been looking at the pros and cons of Paradise homeownership versus Paradise renting.  I believe it is very important for individuals to fully determine whether buying a Paradise home is right for them personally.  Once that decision is made, and you realize that you do in fact want to buy a Paradise home, it is difficult to ignore the financial impact that home ownership can make on one's long term portfolio.  Your decision to rent over buying could result in a difference of $500,000 over a 30 year span of time.  The $500,000 figure is startling considering that in many cases you can enter into Paradise home ownership for the same monthly cost, if not lower, as what you would spend on rent in Paradise.  This is very true now as we see many Paradise homes for ... 12/18/2007

Department stores in Paradise are not the only ones rolling back the prices this time of year.  It is also the Paradise home sellers.  With the market conditions not changing much from week to week, the weekly Paradise price reductions remain at a very high level.  Last week in Paradise there were 20 new listings and 17 price reductions.  This combination equals a definite Paradise buyer's market.  There is plenty of Paradise real estate inventory at reduced prices and a lower 30 year fixed rate at 5.96.  The Paradise real estate market also had 12 properties go under agreement, while 7 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@Ly... 12/14/2007

I recently put up a post about whether it was better to rent or buy here in Paradise.  The Freddie Mac site I had recommended targeted both personal and financial reasons to consider one option over the other.  As a follow-up, I want to share a mortgage calculator that compares the financial impact of renting versus buying.  I found some interesting information when using the calculator with average Paradise costs.  Assuming you were renting an average priced 2 bedroom apartment in Paradise (data provided by ApartmentRatings.com), you would be spending $814/month.  After inputting the monthly expenditure of $814, the current average 30 year fixed interest rate of 6.1%, and a $5000 down payment, the calculator estimates that one would have the following after 30 years. If you were spendi... 12/13/2007

November has come to a close and the holiday season officially begun.  Usually the holidays bring a bit of warmth during a cold time of year in Paradise and Magalia.  That is how I am looking at the Paradise and Magalia manufactured home sale data for the month of November; as a bit of warmth in the Paradise and Magalia real estate market.  Throughout the month in Paradise there were 2 new manufactured home listings, 3 sold, and 4 that went under contract.  Throughout the month in Magalia there were 7 new manufactured home listings, 8 sold, and 6 that went under contract.  At a time when the Paradise and Magalia real estate market is seeing an increasing number of new listings, it is a bit refreshing to see more properties sold and under contract than new listings added to the real esta... 12/06/2007

  October 2007 The following represent all single family, duplexes, condos and mobiles on land for Paradise, CA in October 2007. Current Active:  243Average List Price:  $341,430Average Days on Market:  111 Total Listed in October:  67Total Sold in October:  18Average List Price Sold:  $285,483Average Sold Price:  $272,358Average Days on Market Sold:  109Percent Expired:  40.3%  For more information on the Paradise, CA real estate market, please visit me on The Pink Couch!   11/03/2007

              Class Bedrooms Current Active Avg List Price Avg DOM All All 431 $301,288 148 RE All 257 $341,060 116 RI All 16 $401,759 131 MF All 36 $69,744 140 LD All 90 $230,655 229 FR All 1 $885,000 184 CM All 22 $505,465 226 LS All 9 $55,489 137   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 57 35 64.81% $190,407 $185,352 97.35% 80 $272,677 66.67% RE All 37 24 64.86% $243,131 $237,338 97.62% 73 $316,718 62.16% RI All 3 0 0.00% $0 $0 0.00% 0 $407,125 100.00% MF All 7 9 128.57% $33,344 $30,966 92.87% 106 $34,899 42.86% LD All 9 1 11.11% $250,000 $250,000 100.00% 1 $232,543 88.89% FR All 0 0 0.00% $0 $0 0.00% 0 $0 0.00% CM All 1 1 100.00% $279,000 $262,500 94.09% ... 10/06/2007

Paradise, California July 2007 Market Reportby Sandi Bauman     Realtor, ABR, e-PRO         Chico Homes     2580 Sierra Sunrise Terrace, Suite 120     Chico, CA  95928     (530) 864-5407Search the entire Chico, Durham, and Paradise MLS here!  http://www.chicohomesearch.net/ Here are the numbers as reported by the Sierra North Valley MLS for the month of July, 2007.Market Statistics All MLS Statistics for:  Single Family Residences in Paradise, CA Active Properties:  44Average Price:  $328,721Average Days on Market:  96Total Listed in July:  84Total Sold: 2Average List Price Sold:  $377,000Average Sale Price Sold:  $370,000Average Days On Market Sold:  67Average List Price Unsold:  $291,245Percent Expired: 26.19%YIKES!!It is apparent that homeowners in Paradise, CA need to thnk long and ... 08/07/2007

Home buyers in the market for Paradise California real estate realize that this area offers some of the most appealing and sought-after homes, equestrian estates and rural properties in California.  With the current state of our economy in Butte County, nestled under the canopy of tall pine tree-lined streets of Magalia and Paradise lies a wealth of affordable homes plus an abundance of REO, Short Sales and Foreclosures now ready to buy.    Within miles, lies the the serene and untamed wilderness of the Gold Country and Sierra Mountains where we enjoy the presentation of brilliant sunsets over Oroville Lake.  Paradise is the gateway for getaways and renowned with reasons you never want to buy a home anywhere else in the world. Known for its 54 pound gold nugget, spectacular retreats and... 08/02/2007

If you're planning an addition for a growing family or simply getting ideas a new home inprovement for your Paradise property, finding a competent and reliable contractor is the first step to a successful home improvement project.  It's important to be cautious when you hire someone to work on it.  Home improvement contractors often advertise in newspapers, the Yellow Pages, and on the radio and TV. However, don't consider an ad, an indication of the quality of a contractor's work. Your best bet is a reality check from those in the know: friends, neighbors, or co-workers who have had improvement work done. Get written estimates from several firms. Ask for explanations for price variations. Don't automatically choose the lowest bidder.Depending on the size and complexity of your project,... 07/23/2007

Whether you're shopping for new appliances for your Paradise home or realtor services, the Internet has changed the way most home buyers gather real estate information about realtors and real estate services. For people who are thinking about buying a home, the change is apparent, as well. The Internet now is the source of information that traditionally came from real estate agents, with online listings of homes for sale featuring panoramic pictures, prices, information on neighborhoods and schools, comparable sales, taxes, financing options, virtual tours and more. Indeed, potential home buyers who choose to access new listings and narrow their search may be the best informed and most efficient that real estate professionals have ever dealt with.It's no surprise that real estate profes... 07/23/2007

In CALIFORNIA, putting a HOME on the market and receiving multiple bids for more than you expected and accepting an offer in days........Those days are over, especially for owners of real estate in Paradise, California.  IT'S A BUYERS MARKET -- Houses are staying on the market longer and have more competition by the large inventory of homes for sale in Paradise, besides that home prices have decreased real estate in Paradise market by approximately twenty percent.   A FEW TIPS TO HELP "SELL YOUR PARADISE HOUSE"  FIRST: GET YOUR HOUSE INSPECTED: Without inspections, the Seller is at a disadvantage. "I prefer Sellers know what the inspector is going to find and be able to fix it!  This method allows Sellers to shop around for the best price and perhaps avoid paying an inflated price later... 07/21/2007

 Every now and then a "Service Orientated Professional comes along.  I'd love to share with you his name.  It's Jack Kegg.  He is awesome and service with a smile.  Call Jack at (530) 966-5438.    Jack's moved to Magalia, sold his plumbing business in the Bay Area and now his is starting to do only service calls in Paradise and Magalia.  Right now the rates are 45.00 per hour.  Very reasonable 07/20/2007

For those investors and home buyers sitting on the fence.  Prices are well below any previous numbers for many years and interest rates are unbelieveable.  The bottom is here and going strong.  Buy a home for a rental while properties priced right still pencil out to positive cash flow.  Call me today, I would love to assist you with buying an investment property in Paradise California.   See currently available homes and property at Paradise Real Estate for sale.   07/18/2007