Redding, CA Real Estate News

By Jeanean Gendron, Specializing in Selling Unique Properties
(The Address Realty)
Area InformationCalifornia's Natural Gateway - Redding, centrally located in the beautiful Shasta/Cascade region of far northern California, is surrounded on three sides by millions of acres of federal and state lands including the California cascades, spectacular Mt. Shasta, and the pristine Trinity Alps. A ten minute drive in just about any direction will take you to what is the true attraction of Redding--the great outdoors! Lifestyle Home Search - Your resource for finding lifestyle properties throughout the U.S. Viva Downtown Redding - Viva Downtown Redding, A Main Street Organization, is a non-profit organization dedicated to enchancing the cultural, social and economic development of downtown Redding, California City of Redding - Nestled in the north end of the Sacramento Valley,...
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By Jeanean Gendron, Specializing in Selling Unique Properties
(The Address Realty)
Peter DaSilva for the New York TimesBiking in the 300-acre Turtle Bay Exploration Park.By JENNIFER MARGULISPublished: July 7, 2006LAYING claim to being the second-sunniest city in the United States (only Yuma, Ariz., is sunnier), Redding, Calif., is hot, friendly and busy. Two hours north of Sacramento, Redding was once considered just another Podunk, notable for its highway sprawl and a sea of outlet malls. But in the last seven years the city, which has 87,000 residents, has remade itself and is becoming a destination. Redding is now home to an ultramodern $23 million bridge designed by the Spanish architect Santiago Calatrava - the Sundial, which spans the Sacramento River - and offers a 300-acre natural history park. There are also walking, cycling and hiking trails with stunning vi...
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By Jeanean Gendron, Specializing in Selling Unique Properties
(The Address Realty)
 REMARKABLE PROPERTIES. EXTRAORDINARY MARKETING.A highly desirable and prestigious location. Meticulously crafted attention to detail. The finest luxury amenities and embellishments. A remarkable property.There are many ways to define an extraordinary home. There is but one way to market it; through the powerful, specialized expertise of the Elegant Homes Marketing Program.This year we are excited to share some enhancements that leverage our knowledge of the affluent consumer to achieve even greater media impact for your listings. A dedication to state-of-the-art marketing, coupled with our Premier Service® approach, continues to turn some of our nation's most demanding clients into extremely satisfied clients-and a great source of luxury referrals. If you currently have or are seeking ...
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By Jeanean Gendron, Specializing in Selling Unique Properties
(The Address Realty)
YOU MAY QUALIFY FOR A SHORT SALEA short sale is a special transaction that allows you to sell your home--even when your mortgage debt is higher than the value of your home.We are professionally trained real estate agents who have been specifically trained on how to negotiate a settlement with yur current lenders so that you can sell the property and get out from under the burden. Best of all, my commission will be paid by the bank, so you won't have any out-of-pocket expense!A SHORT SALE WILL HELP YOU:Avoid ForeclosureAvoid BankruptcyProtect Credit Score from "foreclosure" dingBe free of financial & emotional burdensIf you are ready to sell your home and free yourself from this debt, call me today for a free consultation. Short Sales require a trained professional for successful transac...
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By Jeanean Gendron, Specializing in Selling Unique Properties
(The Address Realty)
Beautiful Country! Come and See!Peaceful and quiet. Diverse topography from alpine meadows to rolling oak studded hills. Ranchland, riverfront, lakefront properties. Redding is a beautiful philantropic city with the Sacramento River coursing through the city and three amazing mountain ranges, Trinity Alps, Lassen and Shasta surrounding this sweet place! IT IS INSPIRING COUNTRY!Lassen Mountain RangeWorld Famous Sundial BridgeThe Sacramento river gracefully snakes through Redding, Cottonwood and Red Bluff offering many waterfront homes and activities. The river is beautiful and offers some of the best fishing in the world.Incredible Mount Shasta offers Redding and Shasta County residents unparalled views. Mount Shasta is often times where mountain climbers come to train for climbing Mount...
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By Jeanean Gendron, Specializing in Selling Unique Properties
(The Address Realty)
As we continue to go through the mortgage crisis we need to have the facts correct in order to help clients understand and know what options are available to them. Borrowers with low credit scores will need to hold on for a bit to see if sub-prime lending survives in any capacity. I hear conflicting projections.Clients with good credit will be able to get good loans and proceed with making real estate decisions. Clients that have 2 year option arms that are about to increase in payments or are struggling with payments that make it difficult or impossible will have to look at short sales or possible foreclosure. As we see these short sales and foreclosures come on the market, it will be important for Realtors and Agents to get training and get prepared to help these sellers. A short sale...
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By Kate Bourland, Onlilne Marketing Mobile Marketing
(Marketing with Kate)
With the current liquidity crisis in the real estate market, your credit is more important then ever. In todays' market, Banks and Mortgage Lenders are raising the credit standards and making it more difficult to qualify for  home loans.Restoring your credit is the fastest way to qualify for a better quality mortgage and for some it may be the only way to get a mortgage loan.  Your credit score is one of the few variables that can be adjusted in time to impact the loan approval decision.  Borrowers have more control than they realize when it comes to impacting their credit score and raising that score to impact the loan approval.  Simple ways to increase your credit score include requesting a credit line increase, paying down credit card balances to below 30% of the credit limit and mak...
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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:  120 properties with an average sold price of $294,841. (+35 Sales], -$9,490 Ave Sale Price)LIST & SOLD:  36 properties with an average sold price of $301,701.PENDING: 99 properties with an average list price of $345,098. (+5 Pended, +$44,561 Ave List Price)NEW: 251 properties with an average list price is $358,485. (+25 New, +$29,937 Ave List Price)CURRENT ACTIVE: 2,117 properties with an average list price of $395,613. (+0 Active, -$1,548 Ave List Price)The number of active homes for sale stayed the same.  Look at the last few posts and see if you can find a trend.To see available homes, please visit my website, www.NetRedding.com.   
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By Richard Goates, Broker 01251781
(Apex California Realty)
Well there is some very good news on the streets...interest rates should start down soon! I just talked with a very knowledgeable lender that mentioned the prime was heading down and that interest is going to go down soon! That is very good news for anyone that has been thinking of purchasing but is waiting for prices to go down or interest to go down so there payments can be reasonable...(Define reasonable).Here is a good example of a home that with a lowering of the interest rate from 6.5% to say 6% you would be saving some really good money on the monthly payment.For those that think they want to tackle a foreclosure or an REO let me know... I am always up to helping!We should see some more foreclosures hitting the market soon as there is a very large number of loans out there that w...
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By Chris and Maria Jeantet, Redding CA Real Estate Couple
(Coldwell Banker C&C Properties)
In the last month we have noticed a number of contradicting reports about the stability of the real estate market.  Lenders say one thing, real estate analysts and agents say another but we know everyone is carefully watching the trends.  One thing is clear...there is a mortgage crisis going on due to the "sub-prime" market.  The sub-prime market is a specific part of the mortgage market that involves homebuyers who borrow with a lacking or bad credit score and history.  Sub-prime borrowers generally cannot qualify for mainstream prime financing terms and are approved for mortgages such as ARMs (adjustable rate mortgages).  How did we get here?  The recent real estate boom was fueled by a period of record home appreciation and historically low interest rates.  Banks, in order to compete...
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By Michael I. Pulskamp, REALTOR, EcoBroker, GREEN Desingnee
(Mainstreet Brokers)
I just wanted to key everybody in to this great little place that my wife and I found up in Redding, California. Now my sister runs Mystic Mountain Hideaway, a vacation apartment On Mt. Hamilton overlooking San Jose, California. So when she got two one hundred dollar BedAndBreakfast.com gift cards for my wife and I to use for a B&B get away it made sense.We tend to be dirt campers so this would be a treat!We looked around and decided that we would go see the Shasta/Lassen area. I had not visited that area in years and my dear wife had never been. We found shastacottage.com. This turned out to be a very nice place to stay as a base to travel around the area. Marian Pierce manages both the upper and lower cottages, we chose the upper mainly for the tub, we are both soakers, although it wa...
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By Kate Bourland, Onlilne Marketing Mobile Marketing
(Marketing with Kate)
If you are considering a home purchase or are thinking about re-financing your home, consider an FHA mortgage.  FHA loans let you buy or refinance your home using government backed funds.   The down-payment requirements are low and in many cases allow home-buyers to get into a home for no money down. What is an FHA Mortgage? FHA mortgages are also know as government mortgages because they are backed by the Federal Housing Administration and are therefore insured by the government. What if I Have Bad Credit?  You do not need good credit to get a FHA loan.  At the same time your credit has to show some level of responsibility.  If you have had credit problems in the past FHA is a good alternative to get you on the path of homeownership.  It is also a good option to consider when re-financ...
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By Mary Lascelles, Moving Coordinator/Relocation Director
(Moving Links 4 You)
When you move to a new area, wouldn't it be nice to have a list of businesses who actually focus on delivering great services and products?  Real Estate Professionals/GMAC has one and people who live in our area refer to it as well as newcomers.  The businesses have been hand picked because of they are good to work with and they stand BEHIND their work.  Their prices are fair.  Check our Preferred Partners list at:  www.repgmac.com under Services.
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By Kate Bourland, Onlilne Marketing Mobile Marketing
(Marketing with Kate)
Are you a homeowner who is fearful that your house will go into foreclosure.  Are you behind on your payments? Is your Adjustable Rate Mortgage getting ready to adjust and you're worried about the new payment. As a Mortgage Broker I may be able to help you find a solution to your individual problem.  I've been in your shoes and I understand the emotional and financial impact that you are going through. When you contact me here's what we'll do: 1. We'll talk for a few minutes about your individual situation.  I'll spend some time learning about you and your goals, your financial situation and the specifics of your current loan. 2.  Once I have that information I'll spend some time reviewing it and come back to you with options and recommendations. Option 1:  If you want to try to keep yo...
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By Chris and Maria Jeantet, Redding CA Real Estate Couple
(Coldwell Banker C&C Properties)
Okay so Redding, CA didn't make it to the "Top 10 Cities that have that Loving Feeling", but if you ask many of our local love birds, they will tell you that romance indeed blooms in our beautiful city! I read this article this morning about the "Most Romantic Cities for Baby Boomers" (see where your city ranks) a study conducted by Bert Sperling of Sperling's BestPlaces and although Redding, CA wasn't on the list, allow us to show you what our Baby Boomers do to enjoy a life of romance in Redding!1.  Step by Step School of Ballroom Dance ~ samba, tango, salsa...you name it!2.  Shasta Sunset Dinner Train ~ the very reason I fell in love with this area and moved here!3.  The Sundil Bridge ~ a visit to the Sundial Bridge (day or night) will make you fall in love all over again.  4.  A Bed...
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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:  85 properties with an average sold price of $304,331. (-26 Sales], -$29,749Ave Sale Price)LIST & SOLD:  25 properties with an average sold price of $267,199.PENDING: 94 properties with an average list price of $300,537. (-26 Pended, -$10,621 Ave List Price)NEW: 226 properties with an average list price is $328,548. (-40 New, -$40,344 Ave List Price)CURRENT ACTIVE: 2,117 properties with an average list price of $397,161. (-6 Active, -$2,154 Ave List Price)The number of active homes for sale went down slightly.  Let's see if we keep the same number of available homes over the next couple of weeks, or if inventory will resume its upward climb.To see availabl...
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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:  111 properties with an average sold price of $334,080. (+50 Sales [yea!], +$15,539 Ave Sale Price [yea!])LIST & SOLD:  29 properties with an average sold price of $370,660.PENDING: 123 properties with an average list price of $311,158. (+10 Pended, -$21,392 Ave List Price)NEW: 266 properties with an average list price is $368,892. (+22 New, +$8,398 Ave List Price)CURRENT ACTIVE: 2,123 properties with an average list price of $400,315. (+1 Active, -$3,451 Ave List Price)Be sure to check out my website for new offers, including MLS Only listings at $555 for Sellers and up to 1% of the sales price donated to a local charity for Buyers.To see available homes,...
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By Rick Calkins
(Davis Wilson, Broker)
It can be difficult to decide what to do this weekend, with family events spread out over the area.CAR AND BOAT RACES As with most summer and fall Saturday nights, there will be races in Anderson.  This weekend, there will be NASCAR Late Models, Modifieds, Street Stocks, and Mini Stocks.  But, best of all, there will be Boat Races!  What?  How do you have a "boat race" without water, on a paved 3/8 mile oval track?  You tie or chain a boat to a car worthy of a demolition derby.  Then you drag the boat (no trailers here!) around the track, running into other boats and cars.  Trust me, the actual event is much more fun than my explaination.  Now, it tends to be very hot this time of year, and personally, I wait until about the time the sun sets before heading to the stands that face the s...
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By Kate Bourland, Onlilne Marketing Mobile Marketing
(Marketing with Kate)
Are you ready to buy a home but feeling fearful because the market is cooling?  Perhaps you're confused by the mixed messages being sent by the media on a daily basis.  Don't Be Afraid -  there are benefits galore to buying a home in a cooling market. The last few years in the real estate market are an anomaly. The downward spiraling interest rates and rapid rise in home prices doesn't happen very often. Sure, the market rises and falls in cycles, but the changes are generally more gradual. The truth is that many people land themselves in hot water during an especially hot market. They start speculating by buying extra houses for quick sales or mortgage flipping. If their timing isn't perfect they are left holding mortgages they can't pay and homes they can neither afford to live in, or...
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By Bob & Sandee Sparks
(Real Estate Professionals GMAC)
Considering a move to Northern California? Housing prices in Shasta County are a fantastic value when compared to the cost of housing in California's "Big Cities". And, unlike most lower priced markets in the state you don't have to choose between affordability and lifestyle. Redding, Shasta Counties largest city, offers a wide range of cultural and recreational opportunities ranging from fine dining and theatre to world class fishing and an extensive trail system. The Sacramento River flows through the center of town and can be enjoyed from such dramatic venues as the Sundial Bridge at Turtle Bay designed by world renowned architect Santiago Calatrava or from one of the many parks, golf courses or walking trails situated on the rivers banks. The entire area is surrounded by outdoor opp...
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