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Paradise CA Real Estate Market Update | Magalia | 2012

Community Real Estate Market Report for 2012 | Paradise CA | Magalia CA

Paradise CA Golf Course Communities

What’s not to fall in love with when visiting the Paradise community in Butte County? The custom built homes within the community offer a vast selection of architecture and style with Pine Trees and gorgeous landscaping on larger lot sizes. The winding roads with Oak trees and picket fences beckon you into this lovely community as well.

You’ll enjoy a true community feel within Paradise with many offerings for singles, families and retirees alike! Paradise is a must-see when you tour Butte County – select from gorgeous homes for sale in Paradise Butte County.

Drive time to major cities or shopping hubs

Paradise & Magalia are approximately 15-20 minutes to the larger town of Chico and approximately 1.5-2 hours to the Sacramento area.

Read more about the popular Paradise community and give me a call when you’re ready for your private tour!

The Butte County real estate market report for Paradise is below. With 103 homes currently for sale in Paradise, this area is one of the hottest buyers’ markets in Butte County! We currently have a large supply of homes in this community with some wonderful choices for lucky Paradise home buyers. Sellers are pricing their homes to sell and at bargain discounts.

Historic Count of Sales / Average Sales Price by Month for Paradise & Magalia

Search All Homes for Sale in Paradise

To Buy Butte County Homes For Sale.

Featured Home: 5430 Sawmill Rd

Seller/Owner Will Carry

Click on Photo for more Info ►

Listing information deemed reliable but not guaranteed.

Other Butte County Area Towns and Neighborhoods

Return to Paradise California Real Estate Information Page

For the most-up-to-date information on Paradise current home values, then I urge you to contact me. I can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Butte County Area. Also ask to be placed on an instant notification system when any new Paradise MLS listings come on the market or price reductions in Paradise are posted.

Tammy Vertrees can assist buyers in all forms of Paradise relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, and new homes in various subdivisions across the Town of Paradise region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then I can assist you.

If you’re searching for Butte County foreclosures in Paradise or neighboring communities, then I invite you to view the listings in this or any of the Butte County popular subdivisions on my site. And if you’re searching for condos or townhomes for sale in the Paradise area, feel free to browse our updated listings of Paradise condos, townhouses, townhomes on my site. You can also search Paradise homes for sale by zip code or a multitude of other options on my site–all at your own leisure!

Information on this page is based on information on single family homes for sale in Paradise in Butte County per the California Regional Multiple Listing Service, Inc. and is deemed reliable but, not guaranteed.

Call or Text me: 530-413-8383

Today marks the launch of Chico Real Estate Trends, a blog featured on the local newspaper, Chico Enterprise Record's blog -NorCal Blogs! I will be posting information on our current real estate market.

Today marks the launch of Chico Real Estate Trends-To start I am looking at the Chico real estate market yearend review for 2011-specifically, the single family residence market. For added reference I will refer back to statistics that are taken during the peak of our market-second quarter of 2006, as well as the statistics from the prior year.

As far as quantity of homes sold during the 2011 year-it wasn't all that bad. There was actually an increase over 2010's total units sold. In 2010, there were 760 homes sold with approximately 53% of that number sold as a "distressed property"-that is either foreclosed, in the process of foreclosure and/or being sold as a short sale. The average sales price for 2010 was $277,456 with a median sales price of $250,000. By 2011 year end, there were 860 homes sold-an increase of approximately 11%, with about 46% of the properties sold being in a distressed status. Both the median and average sales prices for Chico declined from the previous year. The median sales price in 2011 ended at $225,000-an approximately 10% drop; while the average sales price decreased to $252,558 or approximately 8%.

Chico's peak hit during the second quarter of 2006. During that quarter the average sales price was $376,308 with a median sales price of $345,000-a nearly 33% decrease on average and just under 35% decrease on median sales prices compared to 2011.

Currently Chico has 216 active single family residences for sale, with 56 or approximately 26% of those being distressed properties. At the current rate of sale, we are down to approximately 3 months of inventory!

A Single Woman's Guide To Home Ownership

The traditional view of home ownership usually includes a married couple, but times have changed, and more and more single women are entering the housing market. In fact, almost twice as many single women are purchasing homes than single men, and almost one in five homes purchased today are purchased by single women. So why are single women making up such a large part of the housing market, and what are the special considerations single women should make when purchasing a home?

What Women Want!

The demographics of single women buying homes are quite diverse. From young professional women in their 20s to divorced mothers in their 40s, there are really no typical single women making home purchases, and their needs are just as diverse. Overall, however, there do appear to be a few trends in the market, and here is a list of what the average single woman is looking for in a new home.

• Most spend less than $200,000
• Prefer two bedrooms or more
• Less likely to choose new construction
• Will compromise size and cost to get other amenities, but not location
• Smaller spaces are acceptable, and many prefer condos
• Desire security and safe neighborhoods with a strong community feel
• Look for close proximity to stores, shopping, and fitness centers

Things To Consider

If you are a single woman looking to enter the housing market, or know someone who is, then what should be considered before making the leap into home ownership?

Essentially the considerations are much the same as those of any homeowner. Taking a realistic look at your financial situation is always important. Seeking out the advice of a qualified REALTOR® can make the process less difficult. It is also important to have a clear picture of what your needs as a homeowner are and that you don't settle for something that will not work with your particular lifestyle.

Contact me today: 530-413-8383 or use my contact form.

Why buy high and sell low? Avoid rent increases.

I think you’d probably agree that the worst investing advice in the world is: Buy high, sell low. That’s the very definition of losing money on an investment, right?

So let me ask you: Why would you wait for the housing market to improve before buying a house?

I understand there’s a lot of uncertainty out there. Job security is questionable, unemployment is high, and you’re not sure what it takes to get pre-approved for a home loan. It’s scary. But here’s the thing: Letting fear dictate your financial strategy for the future is a guaranteed way to pay too much for a house in the years to come.

Put fear aside for just a moment. Here are some facts:

- Interest rates are at or close to historic lows

- Prices for homes have plunged to the lowest levels we’ve seen in a generation

- Bank and government-owned property inventory is at an all-time high

- Rents are rising and rental inventory is shrinking (limited rental options!)

Shouldn’t you, rather than your landlord, be the one who benefits from owning a home? Right now is the “buy low” in the “buy low / sell high” cycle. Every day I help renters explore their purchasing power. You might be surprised just how qualified you are for home ownership.

If you’re curious simply use my contact form or drop me a line at 530-413-8383 and I’d be glad to have a no-obligation conversation about how you could own your own home.

Tammy Vertrees

P.S. If you’re curious to see what homes are available right now, visit: Home Search

Discover how You Can Have A LOW Home Payment – Free Information!

I will show you how to achieve your dream of owning
a home so you can STOP making your landlord rich!

Contact me today: 530-413-8383 or use my contact form.

Home Search: Click Here

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