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About Humboldt County, CA

A Real Estate Murder Mystery!

01-28-10
Andy Parker
Andy  Parker: Real Estate Agent in Cutten, CA

How many buyers that you know would live in a house that a MURDER was committed in? Actually, it is manslaughter, but this was arrived at via a plea bargain. The fact is a Husband ended his wife's life on the property, had her buried there and eventually dug her body up and re-buried it in a subdivision.

Wow! That guy ruined the value of his house and likely made a disclosure for the developer of the subdivision, but I digress...

The question is, "What would you tell your buyer?" Of Course you have to disclose this, but if they asked you if you'd live in the house, what would you say?

Here's the account of the murder from our local newspaper:

http://www.times-standard.com/ci_14155836?IADID=Search-www.times-standard.com-www.times-standard.com

And here's the house:

http://www.flexmls.com/share/JRV/3875-Dows-Prairie-Road-Dows-Prairie-CA-95519

Also, I'd love to hear some suggestions for "Cleansing the house."

Looks kinda creepy...

Thanks for commenting.

HELP!!!! Donate $5 or $10 to Haiti Earthquake Aid

Thavisak Lucky Syphanthong: Real Estate Agent in Eureka, CA

HELP!!!!!

With the earthquake hitting home in Eureka CA last Saturday January 9, 2009, I am glad that no one was seriously injured or killed in Eureka.

But on Tuesday, January 12, 2010, the capital of Haiti was hit hard with a 7.0 earthquake that could potentially have killed up to 100,000 people and there were lots of buildings that collapsed.

You can do your part and donate as little as $5 by visiting this site: http://twitter.com/wyclef or texting YELE to 501501 via your cell phone.

If you feel like donating more, you can donate $10 by texting Haiti to the number 90999 via your cell phone. This money will be donated straight to the Red Cross.

For more information, visit: http://buzz.yahoo.com/buzzlog/93314?fp=1


How to Purchase and Finance Fixer Uppers Using FHA 203k Financing Seminar

01-12-10
Jeff Katz
Jeff Katz: Real Estate Agent in Eureka, CA

Jeff Katz, Broker Associate RE/MAX Humboldt Realty, John Fesler with Humboldt Home Loans, and Shalise Miles, Loan Officer with Williamson Miles will be co-hosting a seminar on February 11 in Eureka. More details and info to follow. You will learn how you could purchase fixer upper homes under market value and finance repairs with the FHA 203k REHAB loan. FHA only requires 3.5% down payment and easier qualifying... You could find out more about FHA 203k REHAB loans by visiting www.humboldthouses.com or contacting Jeff Katz at RE/MAX 269-2322 or Shalise at 441-1496.

The seminar will be held at the Elks Club Lodge at 445 Herrick Avenue in Eureka from 5:30-7:30 pm....refreshments will be served.....please RSVP to Shalise at 441-1496

visit www.humboldthouses.com to learn more about the FHA 203k loan program

Eureka Rocks at 6.5 Earthquake

Thavisak Lucky Syphanthong: Real Estate Agent in Eureka, CA

Today in Eureka, there was a 6.5 earthquake that was the biggest to hit Eureka, CA if almost 20 years. Most of the lights are out in Eureka tonight and businesses were closed do to no electricity. I myself came home to find all my belongings on the floor and some flower vases were broken.

Here is a link to an article about the Earthquake:

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/01/09/BALS1BG3RV.DTL

Humboldt County Real Estate Market Report - October 2009

12-28-09
Andy Parker
Andy  Parker: Real Estate Agent in Cutten, CA

October 2009 was an extremely active month, the most active for sales in the last 2 years! We sold 135 homes in Humboldt County, but only saw 194 New Listings come on the market. This continues the trend of a tightening inventory. In September, we had 13 months of inventory (13.48). October had 10.13 months of inventory. This is a reversal of last year's trend of increasing inventory:

2008

Month/New Listings/Total Listings/Sales/Months of Inventory*

Dec/2008 181 1,441 79 18.24
Nov/2008 141 1,511 86 17.57
Oct/2008 214 1,585 105 15.10

On the other side affordability continues to rise and stands 24% for the month of October*

Month-YearMedian Home SalesAvg. Mtg. RateMedian Household IncomeMonthly Pmt PITIQualifying IncomePmt as % of Median IncomeAffordability Index
Jan-09 $275,000 5.21% $41,138 $1,505.03 $60,201 44% 21%
Feb-09 $266,500 5.12% $41,233 $1,446.68 $57,867 42% 23%
Mar-09 $264,950 5.14% $41,328 $1,440.87 $57,635 42% 23%
Apr-09 $274,900 4.96% $41,423 $1470.73 $58,829 43% 22%
May-09 $285,000 4.95% $41,518 $1,523.37 $60,935 44% 21%
June-09 $255,000 5.16% $41,613 $1,389.28 $55,571 40% 25%
July-09 $275,000 5.34% $41,709 $1,522.77 $60,911 44% 21%
August-09 $259,000 5.33% $41,805 $1,432.88 $57,315 41% 23%
September-09 $267,500 5.24% $41,901 $1,467.95 $58,718 42% 22%
October-09 $262,250 5.10% $41,998 $1,421.03 $56,841 42% 24%

I believe that as prices stabilize, more and more people will jump into the market. This will cause futher tightening of inventory, but may not push prices higher. Look for the extenstion and expansion of the tax credit.

For more information feel free to call me, Andy Parker (707) 616-3456 or email at andy@azalearealty.com

searh_humboldt_mls search_humboldt_mls search_humboldt_mls search_humboldt_mls

* Source: Humboldt Multiple Listing Service

**Source: HUmboldt Association of Realtors