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Redding, CA Real Estate News

By Richard Goates, Broker 01251781
(Apex California Realty)
Here are some useful links if you want to know more about Redding CaliforniaWeather- http://www.wunderground.com/US/CA/Redding.htmlPictures of-http://www.city-data.com/city/Redding-California.htmlCNN Money comparing Redding to other cities-http://money.cnn.com/magazines/moneymag/bplive/2006/snapshots/PL0659920.html Real Estate- The MLSwww.inforedding.comFree Redding Adventure Guide- http://visitredding.com/documents/rcvb_adv_guide_low.pdfCity of Redding Portal-http://ci.redding.ca.us/Very informative site-http://www.reddinganesthesia.com/redding/default.htm  
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By Rick Calkins
(Davis Wilson, Broker)
Here is the latest breakdown of activity of Residential Property (and how the numbers compare to the previous two week period):SOLD:  71 properties with an average sold price of $301,158. (+2 Sales, +$15,543 Ave Sale Price)LIST & SOLD:  18 properties with an average sold price of $384,300.PENDING: 70 properties with an average list price of $356,525. (-17 Pended, +$69,898 Ave List Price)NEW: 186 properties with an average list price is $329,206. (+18 New, -$36,455 Ave List Price)CURRENT ACTIVE: 2,026 properties with an average list price of $391,224. (-150 Active, -$3,921 Ave List Price)The market hasn't changed lately, everything is moving along the same as it has been for awhile (be sure to read my previous posts, put up every two weeks so you can see the changes as they occur).  Ther...
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By Chris and Maria Jeantet, Top Realtors in Redding CA
(Shasta Living Real Estate)
Redding, CA is located at the north end of the Sacramento Valley. We are 117 miles from the Oregon border, 222 miles north of San Francisco, and 160 miles north of Sacramento on Interstate 5 (the major north/south highway). U.S. Highway 299 connects Redding with California's coast to the west, and State Highway 44 connects the city to the east. The city is bordered by the Cascades to one side and the Trinity Alps to the other. The Sacramento River, one of the finest trout-fishing waters in the Western United States, runs nine miles through the heart of the city.   Climate (Valley Urban Area)PeriodTemperatureRainAvg LowAvgAvg HighAvgJanuary35.945.555.36.06April46.058.069.92.08July64.781.598.8.017October49.263.577.62.24Yearly Average Rain -- 33.3 inches
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By Chris and Maria Jeantet, Top Realtors in Redding CA
(Shasta Living Real Estate)
OCTOBER 2007MARKET CONDITIONSLooking 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 compared to 1,959 a year ago this month, not a huge difference but certainly climbing each month. Average sales price year-to-date is $319,000 compared to $329,000 a year ago ~ approximately a 6% drop.  The median home price is $280,000 for the Redding area compared to the State's median home price of $580,000.Locally, we are seeing many sellers choosing to delay listing their properties until next year or until they're convinced that what they want for their house is what they...
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By Chuck Pierce
(ERA Select Properties)
I REMEMBER A FEW YEARS AGO when the market was high flying.  I remember facing a seller across the kitchen table.  Her and her hubby were seriously thinking about getting away from the damp and miserable Northern California winters.  “It makes back hurt” he said.  It turns out it is an old war injury – a piece of metal the enemy placed in his back a couple of wars ago.  I told them what their house was worth, about $500,000 - and they only owed about $300,000.  “But, property is going up so fast right now.  It must be going up over $2000 per month.”  I agreed, actually it was a little more.  “I think we should wait till this run up is over” the wife said.  “Why leave money on the table?”  I disagreed explaining that the best time to sell is on the way up, because once buyers notice tha...
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We have all experienced it at one time or another in our lives....ring ring (usually at dinner time) Hello this is Joe and I am with the xyz company and boy do we have a deal for you! The Federal Do NOT Call list was originally put into place in 2003. Millions of people signed up for it in that year and the years to follow. What most people don't understand is that it is only good for 5 years!! So if you signed up in the beginning your number is coming up so to say.Don't forget to renew your number prior to it expiring!! To do this simply go to the Governments website http://www.donotcall.gov and check to see when you signed up if you don't remember.You'll be glad to know that if you sign up again BEFORE it expires that you should enjoy another good 5 years with only the charities and a...
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By Chuck Pierce
(ERA Select Properties)
"Why hasn't my home sold yet? What are you doing?" As a Real Estate Agent that specializes in representing sellers, I hear that question quite frequently. Though, I have to boast just a little here, not as frequently as many of my peers. Most, if not all of my listings sell - and I sell many myself by strategic use of websites such as ReddingHomeHelp.com or NoDown22.com I have had only one expired listing in the last twelve months – no easy feat these days. There are five controlling factors in the sale of real estate: Condition of the property.Location of the property.Market conditions.Price.Marketing and advertising. So, when that almost angry and always frustrated call comes in from a client, “Why hasn’t my house sold yet? What are you doing?” I point out that of the five components ...
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By Rick Calkins
(Davis Wilson, Broker)
It's another busy weekend in the North State.  Now that the Ducky Derby is over, you can take your kids to one of the following events...Pink Floyd LaserSpectacularHere's the inital official description: "After 19 years of touring, Paramount's LaserSpectacular has become a cult classic, presenting the music of Pink Floyd like you've never seen it before. Surrounded by 10,000 watts of concert quality sound, Pink Floyd's musical legacy continues as the bands concept music captures the imagination and carries listeners away on a mind-expanding journey driven by cutting edge effects. Colorful lasers and lighting effects parallel the sonic journey as the senses are confronted with an array of glowing visual displays choreographed to the soundtrack during the 2 hour and 20 minute show."Friday...
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By Rick Calkins
(Davis Wilson, Broker)
Here is the latest breakdown of activity of Residential Property (and how the numbers compare to the previous two week period):SOLD:  69 properties with an average sold price of $285,615. (-51 Sales, -$9,226 Ave Sale Price)LIST & SOLD:  21 properties with an average sold price of $226,609.PENDING: 87 properties with an average list price of $286,627. (-12 Pended, -$58,471 Ave List Price)NEW: 168 properties with an average list price is $365,661. (-83 New, +$7,176 Ave List Price)CURRENT ACTIVE: 2,176 properties with an average list price of $395,145. (+59 Active, -$468 Ave List Price)Overall, prices dropped during this two week period.  The number of Pended listings (homes that went into escrow) dropped slightly, so I'd expect the number of current active homes for sale to keep climbing ...
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By Chris and Maria Jeantet, Top Realtors in Redding CA
(Shasta Living Real Estate)
Living in the Northstate has many advantages, one of them being golf.  There are more than a dozen golf courses in the north state to satisfy a golfer's appetite.  Here on this blog we highlight a list of 9 of them.  10/14 - Update:  Photo's courtesy of www.golfredding.com1.  The Golf Club Tierra Oaks ~ 18 HoleThe Golf Club Tierra Oaks is home to some of the most challenging golf in Northern California. The course stretches over 6,800 yards featuring rolling fairways lined with ancient valley oaks and digger pines. Stillwater Creek winds through the layout, adding a bit of challenge. After your round you can relax with friends in the Georgian-style clubhouse which is home to a members' bar and grill and fine dining room.The course rating is 73.3 and it has a slope rating of 138.  Design...
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By Richard Goates, Broker 01251781
(Apex California Realty)
Greetings all, with fall just around the corner....ok ok it's Redding in about a month or two...it is a great time to winterize your lawn soon with a weed killer like Scott's Winter Gard Plus 2 + Turf Builder. Doing this soon before the heavy rains will ensure that you have a better looking lawn next spring.Weeds grow in the winter also...in fact they love to get a good foot hold so if you do nothing at all you will have a nice crop of weeds rearing their ugly little heads in the spring/summer. There are many other fertilizers out there also but Scott's has always worked great for me so I tend to stick with them. They are a little more expensive but you get what you pay for!Don't forget that your grass loves it when you mulch and don't bag!! If you are a bagger try it for awhile..take t...
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By Chris and Maria Jeantet, Top Realtors in Redding CA
(Shasta Living Real Estate)
THIS WEEK WE FOCUS ON EDUCATIONFree Workshop - 7 ways to slash College Costs:  An extremely popular free workshop is being held for the parent of college bound high school students during the month of October.  Topics include: How to double or triple your eligibility for free grant money, the secret to sending your child to a private or UC school for less than the cost of a junior college, and the single biggest mistake that 9 out of 10 parents make when planning for college.  WHEN:  October, 3rd, 9th and 13th in the Community room at the City Hall.  TIME:  6:30pm to 7:30pm To reserve your seat call 530-223-6046.  For more information visit http://www.thecollegeexpert.com/ Field Trips:   The Shasta State Historic Park will begin scheduling field trips for school groups early next month ...
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By Richard Goates, Broker 01251781
(Apex California Realty)
Interest rates are coming down and the values of homes are doing the same. Now is a great time to sharpen the pencil and get a Super Deal! I have recently witnessed a home valued at around $380-395k sold for $280k...Wow talk about up side potential. There are some real steals IF you know where to find them AND you are ready to pull the trigger. Are you already pre qualified? If not call and let's get you to an expert in lending. Are you ready to do some work to save $40/60/80k on a home? If so call me and let's discuss how I can help you with your investing.Do you know that short sales can offer you the potential of getting 20-30+% off the listed price of the home depending on the bank? When you want someone who is ready to work hard for you and knows the in's and out's call me and let'...
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By Chris and Maria Jeantet, Top Realtors in Redding CA
(Shasta Living Real Estate)
Thursday - 9/20:  The Redding Chamber of Commerce will be sponsoring this year's Business Expo "The Sky's the Limit" from 12:30pm - 6:00pm at the Redding Convention Center.  Several local business will be providing information about their companies and featuring new products and services.  Approximately 1,500 people are expected to attend.  The event is free.Saturday, 9/22:  The new Health Sciences & University Center in Downtown Redding will be having its Ribbon Cutting and Open House this coming Saturday from 10am - 2pm.  The event is open to the public.  Come and tour this beautiful state-of-the-art higher education building, which will house Shasta College's nursing and dental hygiene programs, university programs offered by a variety of partners, and the Shasta Community Health Den...
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By Richard Goates, Broker 01251781
(Apex California Realty)
It's national safety week so here are some highlighted tips to help you be and keep safe in todays environment.1. Put a stick in all slider doors at night and when you are away from the home.2.Make sure all locks on all windows and doors are functioning and in the locked position.3.Call your credit card company and ask for a fraud alert to be placed on your card(s). This way no scammer can open credit in YOUR name without the company calling you first!4.Make sure all your deadbolts on your doors have at least a 1" mechanism.5.Keep all lights up to date and keep an outside light on at night -don't have any burnt out lights on the the outside of the home especially! Intruders usually pick the darkest of homes first.6.Never give out your credit card info or any personal info to ANYONE over...
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By Jeanean Gendron, Specializing in Selling Unique Properties
(The Address Realty)
Upcoming EventsViva highlights exciting events that draw attention and people to downtown Redding. Visit our Calendar page for listings of other Viva supported events.Redding Beer & Wine FestivalDate: Sat, Sep 15 - 4 p.m. to 8 p.m.Location: On Market Street in Downtown Redding - 1700 Block - In front of the historic Cascade TheatreTickets $30 before the event - $35 at the door Advance tickets available at Raleys Supermarkets In Redding and Red Bluff read more »Viva Downtown Redding A Main Street Organization is a nonprofit organization dedicated to enhancing the cultural, social, and economic development of downtown Redding. Our focus is bringing life into the heart of Redding through innovative projects, programs, and partnerships.Viva Downtown Redding would like to encourage all who b...
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By Jeanean Gendron, Specializing in Selling Unique Properties
(The Address Realty)
The Shasta Blues Society is dedicated to the preservation and promotion of American "Blues" music.As a 501 (c) (3) volunteer organization we are dedicated to the enhancement and promulgation of the Blues as an American cultural art form.The SBS supports Blues in Schools by sponsoring the "Sacto" Mickey Traina Memorial Blues Scholarship. Sept. 13th & 14th, 7pm -11pmPre-blues extravaganza at LuLu'sThursday & Friday evening, 7pm to 11pmFeaturing three bands each nightNo Charge Sept. 15th, 16th AnnualBlues by the River Festival Tickets on Sale at Herried Music, 2148 Market St, 243-7283Bernie's Guitar, 3086 Bechelli Lane, 223-2040LuLu's, 2230 Pine St, 243-6251 in Redding, CAPre-sale members $10 At The Gate $15Non-Members $15 At The Gate $20Gates open at 11am11:20 Opening the festival is the ...
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By Rick Calkins
(Davis Wilson, Broker)
The Redding City Musical Theatre Company (RCMTC) is putting on Singin' in the Rain at the Cascade Theatre.  There's singing, dancing, a live orchestra, even on onstage rainstorm!If you haven't been to the Cascade since it was restored, this would be a wonderful chance to see what they've done, as well as support the Cascade and the RCMTC.Show dates are Friday 9/21, Saturday 9/22, Friday 9/28 and Saturday 9/29.  Prices are $22 for Loge seats, $16 elsewhere (and there are no "bad" seats at the Cascade).For more information on this and other family friendly events, check the Entertainment page at www.NetRedding.com.
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By Rick Calkins
(Davis Wilson, Broker)
What a rollercoaster the local market has been the last couple of months.  Prices slip down, then crawl back up, then down and back up.  Here are the results over the last two week period.SOLD:  62 properties with an average sold price of $294,841. (-58 Sales, +$3,021 Ave Sale Price)LIST & SOLD:  21 properties with an average sold price of $297,791.PENDING: 89 properties with an average list price of $289,342. (-10 Pended, -$56,000 Ave List Price)NEW: 212 properties with an average list price is $365,708. (-39 New, +$7,223 Ave List Price)CURRENT ACTIVE: 2,090 properties with an average list price of $394,530. (-27 Active, -$1,083 Ave List Price)The inventory has stayed pretty much the same over the last month, and sales prices are not moving much either.  With interest rates still low (...
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By Jeanean Gendron, Specializing in Selling Unique Properties
(The Address Realty)
We are seeing more adjustment in our market in Shasta County. The numbers have adjusted resulting in larger inventory and longer Days On Market. The sales prices have continued to rise slightly. The August numbers will be of interest in whether they show a decline in housing sold prices. I will post the August numbers soon and we can talk about the impact we are seeing across the market.Stay tuned for the latest data. My company is dedicated to bringing our clients the latest trending data to help understand this market and make sound real estate decisions. I appreciate Ross Domke and all his efforts to keep Real Estate Professionals--GMAC and our client base up to date with the latest trends in the real estate market. Thanks Ross!www.RealEstateProfessionalsGMAC.com  Residential Sales T...
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