“World's Most Complete Neighborpedia”
Sponsor a Community — What is Localism? | Register or Sign In
Explore:   What's happening in your neck of the woods?
HomeCaliforniaButte CountyChico

Chico, CA

Blog_tag

Chico CA Real Estate Year End Market Statistics

02-02-12
Tammy Waller Aviles, Broker
Tammy Waller Aviles, Broker: Real Estate Agent in Chico, CA
  • view my blog
  • Office: (530) 896-0700
  • Mobile: (530) 354-1380

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!

1 Comment
Blog_tag

Sandi Bauman, Chico CA, Earns NAR Short Sales and Foreclosure Certification

12-31-11
Chico CA Real Estate by Sandi Bauman, Chico CA Realtor
Chico CA Real Estate by Sandi Bauman, Chico CA Realtor: Real Estate Agent in Chico, CA
  • view my blog
  • Office: (530) 895-9378
  • Mobile: (530) 864-5407
  • Secondary: (530) 895-9378


Short Sale and Foreclosure Resource Chico CA

Short Sale and Foreclosure Resource Chico CA

Buyers and Sellers Benefit from REALTOR® Expertise in Distressed Sales

Chico, CA 12/30/2011 — Sandi Bauman, Broker at Chico Homes, has earned the nationally recognized Short Sales and Foreclosure Resource certification. The National Association of REALTORS® offers the SFR certification to REALTORS® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows.

According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures. For many real estate professionals, short sales and foreclosures are the new “traditional” transaction. REALTORS® who have earned the SFR certification know how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities.

“As leading advocates for homeownership, REALTORS® believe that any family that loses its home to foreclosure is one family too many, but unfortunately, there are situations in which people just cannot afford to keep their homes, and a foreclosure or a short sale results,” said 2009 NAR President Charles McMillan, a broker with Coldwell Banker Residential Brokerage in Dallas-Fort Worth. “Foreclosures and short sales can offer opportunities for home buyers and benefit the larger community, as well, but it’s extremely important to have the help of a real estate professional like a REALTOR® who has earned the SFR certification for these kinds of purchases.”

The certification program includes training on how to qualify sellers for short sales, negotiate with lenders, protect buyers, and limit risk, and provides resources to help REALTORS® stay current on national and state-specific information as the market for these distressed properties evolves.


0 Comments
Blog_tag

California Tuscan Construction- Outdoor Rooms -September 19,2011- Chico Homes For Sale

09-19-11
Steve, Joel & Steve A. Chain
Steve, Joel & Steve A. Chain: Real Estate Brokerage in Cottonwood, CA
  • view my blog
  • Office: (530) 347-6122
  • Mobile: (530) 370-1818

The Tuscan style of architecture with it's origins, in the Tuscan region of Italy, are unique and well appreciated. The development of the California Tuscan Style has come to represent the blending of this authentic "Old World" architecture with the conveniences of modern world construction.

One feature that readily distinguishes the Tuscan Style is the courtyard. The courtyard outdoor room can further be enjoyed by the addition of bifold doors to the home bringing the outdoors indoors. La Cantina Bifold Doors manufactured in San Diego CA, are crafted in a variety of , and are another example of products matching our passion for creating the California Tuscan style home. The bifold doors are available in widths upto 24'. LaCantina's 5 year/10 Year warranty further match Chain Enterprise's commitment to quality.

Energy Solutions: While the construction industry has been working for several years with optional Green Certifications, January 1, 2011, California adopted the Cal Green Building Standards as a part of the State Building Code.

Energy Star Assemblies are available that provide double the efficiency required to obtain the Energy Star Rating.

Warranties: LaCantina, provides a 5/10 year limited warranty on their products. Source: LaCantina

New Green Construction: This year brings with it an added benefit in the construction of all new homes. All homes constructed after January 1, 2011 meet new California Green Building Code.

Construction Information:

Lots/land: We maintain a database of beautiful golf course, waterfront and airport/airpark parcels for the creation new home construction.

Plan/Design: Access an archive of proven California Tuscan Style plans or allow our team to create a custom design tailored to your dreams.

Builder: Experience the difference of our company's 33 years of design/build history in the construction of your next home. Chain Enterprises

Please contact us for a free consultation:


Source: Shasta MLS/Flexmls-IDX/CRMLS

Chain Real Estate Investment & Mortgage/ All Rights Reserved

Information Deemed Reliable, But Not Guaranteed

chain real estate website


8 Comments
Blog_tag

CHICO CA HOUSES - Canyon Oaks Golf Course Lots For Sale, Sept 12, 2011 - CHICO HOMES FOR SALE

09-12-11
Steve, Joel & Steve A. Chain
Steve, Joel & Steve A. Chain: Real Estate Brokerage in Cottonwood, CA
  • view my blog
  • Office: (530) 347-6122
  • Mobile: (530) 370-1818

Canyon Oaks Subdivision is a gated community offering some of Chico's most sought after luxury homes. The Canyon Oaks Country Club is known for world class golf. The community is conveniently located near Bidwell Park, shops, Chico State University and the region's rich cultural and recreational resources.

Lots are available for discerning buyers to create a custom golf course home. There are numerous advantages to new construction including customization opportunities and recent energy efficient technologies rarely available in a resale home.

canyon oaks golf and country club chain real estate

Chico canyon oaks golf and country club march 10 2011 chain real estate



















Single family vacant lots for sale in the Canyon Oaks Subdivision presently include 5 active listings.

Active Price Range: $70,000 - $135,000

Acres: .22 - .63

Average DOM: 365

















Canyon Oaks Golf Course Lots Active List Chico CA Homes For Sale, September 12, 2011


canyon oaks country club lots for sale sept 12, 2011

www.chicohouses.NET

Buyers Seeking Personalized Transaction Assistance With Canyon Oaks Homes For Sale Please ContactChain Real Estate:

Sellers: Considering Selling Your Canyon Oaks Luxury Home? Please Contact Chain Real Estate For A FREE Market Analysis Because:

Unique Homes Deserve Unique Marketing℠

canyon oaks listings map March 10 2011 chain real estate

Construction Information: Contact for detailed information on the creation of a California Tuscan Style Home by Chain Enterprises. Portfolio plans or custom designs are available. Builder's "Rapid Quality Construction System" includes a 1/5/10 year warranty package.


SOURCE: calredd/crmls, information deemed reliable, but not guaranteed

chain real estate/ all rights reserved

chico homes for sale canyon oaks chain real estate

6 Comments
Blog_tag

FannieMae HomePath Renovation Loan-Chico, California

08-09-11
203K World - Washington DC's & Suburbs DC's #1 Renovation Lender / AS-IS-EZ
203K World - Washington DC's & Suburbs DC's #1 Renovation Lender / AS-IS-EZ: Mortgage Company in Washington, DC
  • view my blog
  • Office: (410) 591-8300
  • Secondary: (410) 427-0588


FannieMae HomePath Renovation Loan-Chico, California


FannieMae's product which gives you Money to Buy + Money to Fix it up... ALL IN ONE LOAN!

Some Simple Highlights:

  • Purchase Price + Renovations X 5% down payment
  • $35,000.00 in Maximum Renovation amount
  • NO MORTGAGE INSURANCE!
  • EASY qualifications
  • Gifts Allowed
  • Owner Occupied / Second Home / Investor



I specialize in these loans and can originate them in ALL 50 States!!! :) ... and I'm located right here in Maryland. :)

Please call me Directly!

Brent Kluge Steps

0 Comments