Palo Cedro, CA

The active available inventory has been hovering around 1450 now for some time.

We should continue to see more short sales as we progess and probably less REO's in the next year.

Many banks are figuring out that a short sale is the way to go instead of paying all the money in Foreclosure expenses.

There are still around 50 properties in and around the greater Redding area that are under $100k!

There are some Tremendous deals on the upper end estates! One in particular that came out today is approx 5200 sq.ft of custom quality at $995,000....That was a $2. something Million dollar home at the top!

The weather is cooling off and there are still some great buy out there...many even pencil out! Something that you couldn't find 3-5 years ago!

Regards,

Richard Goates

Search the Redding MLS here now.

It's that time of year again! The Honey Bee Festival is just around the corner. This is a fun festival where all Palo Cedro gathers to share arts & crafts and of course food and music. You and your family can enjoy from the many informative booths, vintage tractors, and a kid's fun center. The Palo Cedro Honey Bee Festival is a part of the Palo Cedro Community Park and is dedicated to "Building a better Community through Parks and Recreation".

Here is last years flyer with all the information you need to join us this year, September 12-13^th @ Bishop Quinn High School/ Redding Christian School.

For HBF Pictures visit: http://www.palocedrohoneybeefestival.com

-Chris & Maria Jeantet

If you live in California and want to take advantage of the latest tax credits you can do pretty well right now...if you hurry...The money for the tax credits is already close to being half gone!

Get the facts on what is being offered on your potential tax credit and how it will impact you if you decide to buy now or soon...once the money is gone....it's gone...

Beware of any advertisements that say "the government will mail you a check for $8,000" when you purchase a home from me!! Once such local advertisement I recently heard!! I couldn't believe my ears when the person said "buy a home from me now and the government will mail you a check for $8,000!".....I can hear the attorneys right now jockeying for position....that should be a pretty simple case....owch.....Who will be the first to take this person up on this claim?? Time will tell.....perhaps we will hear another ad with a disclaimer?? Probably not....

Don't believe EVERYTHING you hear....do your own research and homework!! Even Realtor's make mistakes....in this case it was Quite Obvious!

The Government will not mail ANYONE a check for $8,000....no one...ziltch...notta....it is a tax credit not a check in the mail!!! The credit is broken down and you can not get it all in the first year!!! SOOOO do your homework.....

Regards,

Rick Goates

ECO Broker

LUX Real Estate Group

at Keller William Realty

Redding Ca

530-248-5627

WEBSITE

Wow...I thought I had heard it all...finaciers taking people's life savings..people scammed out their hard earned dollar but then I read this article about a group of Girl Scouts that got scammed and Ripped off!

The Crooks used Fake $ 20's to purchase a bunch of Girl Scout cookies!

Well there is a happy ending to this tale...

Check it out here now.

Best,

Rick Goates

Partner LUX Real Estate Group

of Keller Williams Realty

Redding Ca

96002

Website

530-248-5627

Plenty of room to roam and only minutes from Redding, this upscale little bit of country with style and grace offers large parcels for mini-ranches and horse facilities along with gated estates sitting among the community known for it's gorgeous Oak trees.

Native Oaks trees are the signature image of Palo Cedro. With a wide variety of Oaks including Blue Oak, White Oak, Live Oak and the beautiful Black Oak you have a gorgeous community. The California Sycamore also thrives in this topography.

Still home to some of the big ranches, Palo Cedro has been carved out of these ranchlands and retains it's rural country charm. The town's retail center is just off Highway 44 and legendary Merle Haggard lives in Palo Cedro.

The Cedar Tree Restaurant is decorated with many antiques that highlight Shasta County history and you just may see Merle Haggard in for breakfast.

The Honeybee Festival is always an annual event that draws from all over Shasta County with craft vendors and local entertainment. It small town living at it's best....right next to the big city of Redding. The charm of the Big Oaks sets the tone for Palo Cedro.

Rural and upscale this sweet community is one of the diverse lifestyles offered here in Shasta County.

A peak at the market activity in the month of January 2009 reveal the following trends.

We had 1 Closed Sale, 3 Pending Sales and 44 Active Listings. The median price for closes sales was $437,500. The median price for Pending Sales was $259,500 and the median price for Active Listings was $431,700 The Active Listings range in List Price from $186,900 to $1,980,800. The Overall Days On Maret average out to be 157 DOM and the average per square foot list price is $215.11 and per sqare foot sold price is $152.39.

Let's take a look at a few of the Active Listings:

22229 Lassen View is a Short Sale and offers you the privacy and seclusion of Palo Cedro with the room to roam. 2.78 Acres provide the room for horses and that gentleman's ranch. This 4 bedroom 2.5 bath home built in 1988 offers ample room. There's a bit of work to do on this one, however the square foot price at $148 provides the opportunity for a bit of TLC for the right price.

9306 Wagonette is a beautiful home built in 1999 and listed at $425,900. 2150 square feet on 2 acres this 4 bedroom, 2 bath home is lovely. The square foot price is $198.

9420 Palo Cedro Estates offers 2 acres and 2700 square feet with 3 bedrooms and 2.5 baths. This is a short sale. The square foot price is $199.

I am Jeanean Gendron your Redding and Shasta County Specialist. You can reach me at 530 276-7417. I answer my phone. If you'd like to take a look at some houses in Palo Cedro, give me a call. It looks as though there are some good deals available while some are still over priced.

All Active Listings For Palo Cedro

All Short Sale Listings

All Foreclosure Listings

Visit My Website to Create an Account to Searcy all MLS Listings and create your own account for saved searches. Receive emails on new listings.