Magalia, CA

As you drive into Paradise from Chico or Oroville, you can't miss the Buttes. They are so dramatic and provide canyons and ridges where the tall Pines grow in abundance. Just above Paradise, is Magalia - we have lots of Pines, beautiful homes at reasonable prices, and social activities at our own Paradise Pines POA Village. If you like to fish, golf, play tennis, or enjoy card games, you will fit right into this community. Many of our residents are retired from Silicon Valley. The families with children have lots of activities, too. So if you are younger or a senior, we welcome you.

Come see all we have to offer and you just might decide to buy a home here. That's where I can help you. As a successful Realtor with clients all over Paradise and Magalia, I have the information you need and the experience to help you reach your real estate goals. Give me a call 530-872-6819 so we can discuss options for you.

Spring has definitely set in. The sun is shining a little brighter this week and we are seeing a slight pick up in the Magalia real estate market. In my opinion that is cause for a smile!!

This past week we had 4 properties close escrow and another 4 properties go under agreement. We also saw 17 properties experience price reductions signaling that Magalia area sellers are still trying to get the attention of Magalia buyers. There was a slight change in the areas of activity this past week, with singe family homes between $350,000 and $400,000 seeing 20% of their listings now under agreement. The manufactured homes still remain the strongest in this Magalia real estate market. Interest rates went up just a bit to 6.24% for a 30 year fixed rate mortgage.

It feels as though more Magalia prospective buyers are out looking at properties and that the market may finally being waking up from its long winter slumber. Unfortunately, this activity does not seem to be reflected in the area statistics. The Magalia real estate market had another very slow week with only 1 property closing escrow and 3 properties going under agreement. Available inventory increased again this past week as 13 new listings hit the market and another 10 listings underwent price reductions. The majority of activity being seen in the Magalia market still remains within two categories; those single family homes being priced under $250,000 and manufactured homes. At the end of last week there were 235 real estate listings on the market in Magalia with 126 of them being single family properties, 59 of them being manufactured homes, and the remaining 50 being lots of land.

Standing at a long conveyor belt doing the cold, wet work of sorting thru 1 year old sierra redwood seedings were volunteers from the Magalia Beautification Association. Although the volunteers were covered with mud from "head to toe", the volunteers had a good time sorting out the fittest trees and bundled in groups of 25 for future planting. "it makes you feel good knowing that these trees will wind up hopefully on a hill somewhere and live long after we're gone."

Magalia Reforestation Center's 15-acre nursery yielded some 1.7 million saplings in the past year, including fir, pine, cedar, cypress, sycamore and oak. These seedlings will eventually wind up throughout the forest lands of California," used for reforestation, erosion control, for wind breaks.

The healthy little redwoods are available to the public at a minimum quantity of 25. For information about ordering Magalia Reforestation Center seedlings (25-tree minimum), call 872-6301 or visit http://calfire.ca.gov.

Last week was another light week in the Magalia real estate market. There were 9 new listings that hit the market, 4 listings that went under agreement, and only 1 listing that closed escrow. There are currently 229 total real estate listings in Magalia with only 13% of those listings being under agreement. This leaves about 200 property listings of inventory available in Magalia. The largest segment of the market is currently made up single family homes under $250,000, manufactured homes, and land. The majority of properties that are moving under agreement and closing escrow continue to be those homes under $250,000, as well as the manufactured homes. With interest rates still being very low at 5.72 for a 30 year fixed rate mortgage, the monthly payments on many of these properties is much less than renting. Ask me how to move into home ownership today.