Redding, CA

Back at it after a great Thanksgiving dinner.

I spoke with a man that had lost his home the other day.It was very interesting talking with him. He said they spent over $12,000 in attorneys fees to fight the bank....I asked fight the bank?.... why did he do that? He said that they weren't going to just let the bank take their home!!

Now I can understand the stress and the aggravation that people are feeling out there right now...the banks don't respond or they transfer you to this dept and then that one and tell you to keep making those payments and everything will be fine....

Losing one's home is probably up there with death/divorce and speaking in public....a LOT of stress no doubt.

The part that I don't get is if they saved their $10k they would have money to move into something else now....instead of having ZERO....The bank WILL indeed take a persons home sooner or later if they Do Not make their payments or they don't qualify for a loan mod....it's pretty much GUARANTEED....so why spend money to fight a losing battle?

"There are many companies and individuals that claim they can help you fight the bank and help you keep your home because the bank doesn't even know what the own etc". Just remember that Attorneys get paid by the HOUR!!!

There have also been many that unfortunately have wasted money on paying a "Loan Modification"
company to try and get the payments reduced....There were many people that lost their homes after Paying money....anywhere from $1500-$3000 with no guarantee's.....

They have recently changed the law for companies and people that want to help consumers with Loan Mod's....now they get paid when and IF they get the job done....and not until! They way that Realtors have worked from day one.

Fighting the bank when you have not made payments for 6/9/12 months is probably not the best use of what little cash you have if you are having a hard time.Save that money and make plans to move....It wil save you some stress!

What is it that makes a man continue to fight a losing battle?

I asked him if he had ever considered doing a short sale? He said NO!

Short sales can help many people out of a tough situation...they are not for everyone and yes you will be selling your home in the end....and satisfying the bank....and helping your credit out....

Regards

Rick

The time of year is upon us again to remember what we are thankful for....I am thankful for my son...he is 6...and the best little boy in the World! I am thankful for my family and my friends....I am thankful for my clients and for living in a great place.

I am thankful for a roof over my head and my cupboards with food in them....I am thankful to be in Remission for 6.5 years now from cancer....

What are you thankful for?

Regards

Richard

In the ever changing and evolving complex world of our global economy and our national economy, how has the profession of a Real Estate Agent or Realtor changed?

Are the older traditional methods still relevant with all the technological changes in our Industry? Has social networking resulted in a division from traditional real estate and that of the latest trending technology solutions for real estate?

With the new mobile solutions that allow us to basically do most of our business on our cell phones, to using video and pod casting for better ways to communicate with our Consumer along with the creation of better websites that provide the Consumer with the tools they can use to better learn about local, national and global real estate markets, have we left the majority of Realtors and Real Estate Agents behind?

My personal opinion while qualifying the fact that I am a "Technologist" and have been so for longer than I care to share is that the answer would be NO. Real estate is and will always be a "relationship-based" profession. A good agent with a mature business and who has lived and worked within his or her community for a long time can be just as successful as those Real Estate Agents and Realtors who are using every leading edge technology solution.

I would encourage all agents to invest in learning how technology can better help you in your business, however I will always know that it is the work we do on behalf of our clients that enables us to remain in business and to continue to build our business. Relationship is everything in our Industry and the REAL in Real Estate Agent means connection to helping our clients reach their goals and staying in touch on both a personal and professional level.

The job does not end when the keys change hands. That's the REAL part of being a Real Estate Agent!

I am Jeanean Gendron, your Redding and Shasta County Specialist. You can reach me at 530 276-7417. I answer my phone.

Here are the city of Redding and Shasta County demographics and links to the many things available to the people who live The Shasta Lifestyle here in Redding and Shasta County. Enjoy! Shasta County, Land area is 3,785.2 square miles, Density 47.4 people per square mile, versus California Density at 217.2 people per square mile. Population (2006 estimate): 179,951. House Hold Income: Median $37,696, Persons below poverty is 13.4% and Home ownership rate is 66.1%. Education: High School graduates: 83.3% of adults 25 and up. Bachelor’s degree is 16.6% of adults 25+ Redding, population is 90,033 (in 2000), incorporated in 1887. Average temperature in January is 55 and average July temperature is 98.

Information Links for Recreation and County and City Resources: Shasta County: A Guide to Shasta County ~ Shasta County Parks, Trails and Open Space Plan Shasta County Guide to Recreation ~ California State Parks - Shasta Cascade ~ City of Redding Information Center ~ Turtle Bay Museum ~ Redding Convention Center ~ Cascade Theatre Schreder Planetarium ~ Turtle Bay Exploration Park ~ Shasta State Historica Park ~ Sacramento River Trail/Caldwell Park ~ Sacramento River Trail Map Redding Community Services ~ Shasta County Library ~ Shasta Historical Society

Visit my main real estate website that provides you with the ability to Search the MLS and to set up an account so that you can save searches and select favorite properties. I also have many saved searches for you to take advantage of. There are saved City Searches and Community Searches. We also save Foreclosure Listings and Short Sale Listings.

Visit and learn more about The Shasta Lifestyle and the experience of living here in Shasta County.

Here are my blog sites:

Redding Properties and Land

New Homes Shasta County

Redding Elegant Homes

The Redding Golf Lifestyle

Owning Your First Home

Short Sale Help for Sellers

Jeanean Gendron ~ I love Redding and Shasta County, California

530 276-7417

We're often asked this question by friends, family and clients and while it's important to clarify that not all homes hit bottom at the same time, if we look purely at local MLS numbers and current market activity, we can safely say that Redding's Real Estate market in general has seen the bottom.

The decline of home values has slowed down in our area and our "pending" sales continue to increase every month...causing sales activity to remain solid. A recent index by Zillow, indicated that Redding's home values for the month of September were up 0.1% compared to August and down 20.6% compared to September 2008. In one of their recent surveys, we see that 84% of homeowners believe their home has reached bottom. Some interesting statistics in this survey indicate that:

• 41% think their home's value will increase in the next six months
• 43% think their home's value will stay the same
• 17% think their home's value will decrease

Experts in our industry are reporting favorable home prices in many parts of the country, including our home state of California. Bidding wars you say? Yes. Prices so good that they have ignited bidding wars as first-time buyers compete with investors for many of the same foreclosed properties. It's been years since we've seen property values so low that people (normally not investors) are investing in great neighborhoods and creating some positive cash flow for themselves.

On the other hand, one must also consider several external elements before speculating on how soon home values will begin to appreciate again.Some of these factors include but are not limited to;

• The economy
• Unemployment
• National Issues
• Consumer Confidence

With all that being said, I personally believe we have hit bottom here inthe beautiful North State, but I'm staying realistic to the fact that it will take at least a decade if not longer for home values toreach double-digit appreciation. To say that we are at a turning point is more accurate, and that dear friend, is good news!

Got questions pertaining to real estate? Visit our website.

Chris and Maria Jeantet, Realtors
Redding, CA
Coldwell Banker C&C Properties
(530) 510-8880

We are so excited about this year's Christmas Show here in Redding! We bought our tickets and now we can hardly contain ourselves, you'd think we were five years old! Afterall, isn't that what Christmas is all about, being a child again!

Christmas is the most magical time of the year, and nothing brings the magic of the season alive like A Cascade Christmas right here in our little town of Redding! This dance spectacular by the Dance Project continues to be a huge hit for the local community. Lavish costumes, precision choreography and beautiful backdrops will transport the entire family into a world where sugarplums dance, ice skaters waltz, and Santa's elves make children's dreams come true....oh I can hardly wait!

Opening Thanksgiving weekend for an 8 performance run, A Cascade Christmas is affordably priced so the whole family can attend this captivating and heartwarming holiday show, but get your tickets and holiday gift certificates early!

Tickets range from $10 - $25, call Cascade Theatre Box Office by phone at (530) 243-8877 or 1-877-646-4849.