Photos from Fran Gatti - Realtor®, RDCPro®, Crescent City CA Real Estate
View of Brookings/Harbor, Oregon from the Ocean Heights subdivision, Smith River, Del Norte County, CA.Located in: Smith River, CA
The Del Norte County real estate market is picking up speed, but in certain segments of the market. This information can be very helpful to you if you are planning on buying or selling real estate in Del Norte County within the next few months.
Del Norte County's highest priced home currently pending close of escrow is $299,000 out of 10 pendings, with the median pending price at $205,000. The highest priced contingency sale is $385,00 out of 14 homes, with the median price of $224,000 (I took out low of $9,000 and high of $1,800,000).
The under $300,000 segment of the market is what is moving in Del Norte County at present and prices are still continuing to come down.
Bankers at the World Economic Forum have this to say about the U.S. housing market in the coming year:
"It will be awhile before you see a return of normalcy in banking and markets. Troubles in the US housing market are likely to worsen this year, with interest rate cuts and a hefty fiscal stimulus package unlikely to offset downside pressures."
Merrill Lynch's chief executive, John Thain.
If you need to sell your home and you are sitting on the fence waiting for prices to come back up to 2005 prices before you list, get off the fence. Unless you can wait at least a year or more according to most economists and markets experts, waiting even another month or two could lose you money. If your home is under $300,000 and properly priced, indicators show you have a good chance of selling your home in a timely manner.
If you are a buyer waiting for the bottom to hit, now's the time to buy with seller's who are willing to negotiate and interest rates that are very good. Lending is tightening up, for an in-depth explanation of why, check out Matt Heaton's post on the subject. If this trend continues, then the buyer's who are qualified today, may not be tomorrow. If you are riding the pine waiting to hit it out of the park, now may be your time to purchase a home.
Just when you thought it was safe to go back into the market after that abysmal December, bam, January is even worse. This stands to reason when you consider that January's closings were based on contracts written in late November and December.
There is a silver lining. Pending's are up by quite a bit and inventory is shrinking. More and more seller's are pricing their homes for a timely sale instead of pricing high and reducing as times goes by (thank goodness).
Current residential listings are down to 240 from a high of 315 in the fall of 2007. We currently have 15 pendings and 12 residential listings in contingency sale status, which is encouraging news.
The absorption rate is still quite high at almost 18 months, but DOM (days on market) decreased substantially from 226 in December, to 107 for January.
Don't get me wrong, we are still in a buyer's market in Del Norte County, but for seller's who properly price their home, there is still a pot of gold (closed escrow) at the end of the rainbow (it may be a small pot, but a pot just the same).
And, there are brand, spanking new homes available in Del Norte County for under $299,000. Where else can you say that in California?
| 1/08 # Sold | 1/08 Median | 1/08 Average | 1/08 Avg DOM | 12/07 # Sold | 12/07 Median | 1/07 # Sold | 1/07 Median |
Residential | 6 | $135,500 | $142,750 | 107 | 13 | $260,000 | 14 | $252,500 |
Vacant land | 3 | $169,000 | $169,000 | 223 | 0 | 0 | 0 | 0 |
Commercial | 1 | $550,000 | $550,000 | 179 | 1 | $257,500 | 2 | $362,500 |
Multi-family | 0 | 0 | 0 | NA | 0 | 0 | 1 | $155,000 |
Del Norte County...The Other California
Copyright © 2008 Fran Gatti/Crescent City/Del Norte County...The Other California | All Rights Reserved
Ford Foundation invites Del Norte County Chamber of Commerce to submit a concept paper to begin 
investment discussion - Del Norte County is a happening place.
There is a lot to love about Del Norte County, the towering redwoods, our national and state parks, the only undammed river in California teaming with stealhead, the Pacific Ocean, the list goes on and on. Del Norte County has steadily been catching the attention of large enterprises such as Starbucks, Home Depot, Walgreens, and now add the Ford Foundation to that list.
Reweti Wiki, Executive Director of the Del Norte/Crescent City Chamber of Commerce reported today that the Ford Foundation paid our little county a visit and was impressed enough with our education initiatives, collaborative health care projects, organic dairy, natural resources issues and community philanthropy to invite the Chamber to submit a concept paper to begin the investment discussion.
Reweti states, "This is a significant step forward for the community and represents what we hope is a partnership that will open doors to opportunity. In conjunction with other developments in the area, it is an exciting time to be part of Del Norte County.
Amen to that!
Are you looking for the perfect home in Del Norte County, or any market, but are new to the area, or better yet, live outside the area?
If so, you need to use a local REALTOR who knows your market!
A very nice man who was standing in front of a home, called a local agent for a showing. While they were looking at the listing, the agent asked a lot of questions and knew of the perfect home to meet this clients needs.
Up to now the gentleman was frustrated because he was moving to Del Norte County very soon and had used his REALTOR from Eureka to show him homes. She did not know the market, took him to the wrong type of neighborhoods and listings and he was beginning to think he had made the wrong decision in taking a job in our beautiful county. In utter frustration, he looked for homes on his own, then called a local agent.
I found out quickly what he was looking for, took him on a brief tour of our county to get him over his jitters, then set-up an apt. for the next day to look at some listings and go on a more extensive tour. As we drove through Stout Grove in Jedediah Smith State Park, my client knew he could be very happy in Del Norte County. We then looked at the type of listings that he originally had in mind and found the perfect home; he made an offer and it was accepted. Ba-bam.
Yes, real estate agents ask A LOT of questions, but not to be nosey. We ask so that we get an idea of what you really need in a home, neighborhood, local school, whatever. The more information we glean, the more apt we are to take you to that perfect listing that we know you're going to love.
Now that you know why it's important to use a LOCAL REALTOR who specializes in your market, stop wasting time and give one a call.
This was in my local paper today [The Triplicate] under the lost and found classifieds:
Found at Waste Water Treatment Plant, set of dentures missing front six teeth. 707-464-5416.
There was much speculation in my office about why the dentures had six teeth missing and how they got in the waste water treatment plant.
I won't bore you with the speculations. Suffice it to say, we figured it had something to do with being very ill and leaning over a toilet.
I think if I were the owner I would get new dentures.
 |
|
|
Crescent City/Del Norte County full-time real estate agent assisting first time, move-up & relocating buyers & sellers of residential, land, commercial & REO's, RDCPro® certified.
Fran Gatti is a REO Default Certified Professional. What does that mean for you? Your asset will be handled in a prompt, professional manner. You will receive a timely occupancy status, monthly status reports, initial BPO done in a professional manner, and reliable communications that will get your asset moved quickly and for top dollar. Fran is experienced in Cash For Keys, property preservation and all aspects of the REO process. Fran is a Top 500 blogger and Ambassador with the Active Rain Network and blogs extensively about her REO listings, produces a widely read monthly market report and reports on local happenings in Del Norte County. Call Fran for your REO listings in Crescent City/Del Norte County and work with a proven professional. Give Fran a call today at 707-218-8162 or email frangatti@remax.net. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Looking for real estate in Crescent City/Del Norte County or to sell your Crescent City/Del Norte County real estate?
Fran gives prompt and professional service with superior market knowledge. Check out Fran's Monthly Market Report for the most up-to-date assessment of the Crescent City/Del Norte County real estate market BASED ON STATISTICS, DATA and Fran's insight.
Fran puts her market knowledge, use of technology and professionalism to work for you.
Fran is experienced in buying and listing REO properties, including all facets of the process, working with property preservation, Cash For Keys, reimbursement, Asset Management software, BPO's and more.
Why move to Crescent City/Del NorteCounty ~
Although Del Norte County is one of California's smaller county's, it's big in what it has to offer. The home of where the Redwoods meet the sea is where you want to relocate. Let me give you a tour of our county and I'll show you why. The Del Norte Chamber of Commerce website is definitely worth a look. A Little About My Client First Philosophy What this means is I am all about customer service and meeting your needs. Please take a look at my testimonial page to see what my clients have to say about my service. From beginning to end of each and every transaction, your confidence that your home purchase or sale is being handled professionally and with the greatest of care is my number one concern. Why relocate to Del Norte County: No traffic, no smog, nice people, affordable housing, relaxing commute, fishing, surfing, hiking, bird watching, laying on the beach, kayaking, wind surfing, boating, hunting, yachting, rafting, no drought, fresh tuna, fresh salmon, Warrior's football, fresh crab and so much more...
Del Norte County's traffic is minimal with an easy commute from home to office. The weather is incomparable for folks who enjoy a mild climate. Del Norte's temperature for the month of September hovered at approximately 65-70 degrees and Crescent City/Del Norte County does not have smog and so many of the other maladies that effect larger, more populated areas.
Take a look at my website and feel free to contact me with any questions you may have regarding relocating to the magnificent Del Norte County area. I urge you to go to my links page and my blog on the Active Rain network where you will find a wide variety of useful information and resources about Crescent City and all of Del Norte County as well as a list of Upcoming Events.
From information on the local community, to advice about finding a mortgage or preparing your home to sell, it's all available here on my web site.
Virtual Tour of Del Norte County
My Bio ~
I have been married to my husband Garry since 1980. We have five children of whom we are very proud. Garry and I have attended Foursquare Church in Crescent City since moving here in 1991. We have also been lead couple for over 10 Married For Life classes and have been involved in other community minded endeavors. Garry teaches 6th grade at a local school and is a California licensed general contractor.
My husband and I have bought numerous "fixers" and we are currently living in a home that we built ourselves. Being involved in onstruction on a personal level and working as a real estate agent has given me an enthusiasm for real estate that is genuine. Real Estate is a fabulous investment for the investor and individuals seeking the American Dream.
Thank you for your interest in relocating to Del Norte County. I hope to hear from you.
You already have a friend in Del Norte County. I am here to help your relocation be a smooth one. I will assist you every step of the way, from finding your home, to purchasing your home, and finally, in getting settled in. Please read my testimonial section to see how I have assisted other clients in their relocation to Del Norte County.
I am knowledgable in purchasing vacant land for building your custom home and the building process. Through personal experience with new home construction and assisting my clients, I have accumulated knowledge that my clients find both useful and time-saving. Not every agent has hands-on experience with this process, If you are going to build in Del Norte County, I would be happy to put my experience in this area to work for you.
Professional Designations, Affiliations and Accomplishments:
For more information about all that Del Norte County has to offer, please check out my website.
I am honored to write this testimonial to thank Fran Gatti for the superb job she did for us in selling our home. Everyone, including our CPA, said 2008 wouldn't be a good time to sell a home, but we were ready to move to Arizona following my husband's retirement. We did everything we could to make our home and then set out to find the best agent we could. After a few weeks of web surfing, and reading agents bios and blogs, I learned that not only was Fran Gatti the number one buyer's agent of 2007, but in the past year she was in on 25% of all the sales in the county. I was excited. I knew Fran. She had done clerical work for me some years back when I taught school and I had always admired her competence, professionalism and work ethic. Her soaring success in a new profession didn't surprise me This is a letter to the editor in The Daily Triplicate, our local newspaper Fran Gatti is awesome!!!!! I started saving for my first home three years ago. I patiently watched the market and during that time I "worked" with other real estate agents. One agent was more than eager to show me property if I found it and called him; he never notified me of any listings. I found another real estate agent who said she would work for me; she emailed me a few listings. When I was not interested in the listings she sent me; she just "disappeared". Enter Fran Gatti. I could not believe how hard she worked for me. She sent me listing after listing and took me to see several properties. They were just not right for me; she did not give up. I found a home online that I liked and drove by to look at it. When I emailed Fran she told me the disappointing news that it was already in escrow. But Fran talked to the other real estate agent and found that the seller wanted a back up offer. Just a few days later she called and said the house was "mine". Then the hard work really started; the inspections, reports and all the paperwork. I could not believe how relatively easy it was for me because Fran did most of the work. And her husband did the foundation work that was required; everything was done in time. After escrow closed, there was cleanup to be done on the property after the seller moved; she took care of that also. If you are buying or selling; I recommend Fran Gatti ... she is awesome!!!!! FRAN GATTI - DOES SHE HAVE WINGS? NO...BUT MAYBE A HALO! Fran Gatti was a true professional and competent representative of her field. Throughout the process she was responsive and helpful and made buying the property a stress free proposition.
We set up a meeting and Fran pleasantly assessed our property, took pictures and talked with us about our goals. We told her we wanted to be in Arizona by summer. She returned to her office pulled comps and provided us with a market analysis that gave us a price range where we could successfully market our home. Within a week of listing our property, not only was our house showing on the MLS that all the real estate agents use, but it was listed on a number of websites advertising our home across the nation. On these sites she provided both a slide show of our home and a video of the nature trails around the property. Her marketing expertise was another factor in choosing Fran.
Success!! We were in escrow in fifty-one days. Around here, in 2008, that is extraordinary. Fran negotiated for us, educated us, kept us informed every step of the way and eased my worried mind. "Arizona here we come!" Thanks Fran.
The Bowling Family
Published: May 1, 2008
Four independent gray-haired old women who have been friends for many years decided to move from their individual homes in Southern California to share one big home in Crescent City. This letter is to publically thank those professional people who along with their staff, made this move possible. I know I can't mention the names of the businesses involved, but I will tell you the names of the people involved. Shirley Selman, Fran Gatti, Jamie O'Brien, Susan Muhler and Maryann Allman. Sharing this one house will be a unique adventure for the four of us. It was made possible only by the sincere caring of the above mentioned people, who truly believed that failure was not an option.
Rose Afflick
Teresa T.
Dear Fran - Thank you from the bottom of my heart for all of the hard work and dedication with regrads to making my dream of owning a home here in Crescent City a reality. I feel so lucky and blessed to have had you on my side throughout this process. It's exactly what I needed to make my dreams come through!
Love,
Judy Baker
We wanted to relocate from the San Francisco Bay area to Crescent City, but the scope of such a move was daunting. We have small children, work, and busy lives...how would we house hunt, then buy and sell, and also go through all the paperwork and physical inspection stuff remotely? How could it ever work? Enter Fran Gatti. We found our dream house in one day with Fran's guidance. The offer and subsequent endless trickle of paperwork, inspections, and negotiations that followed were all handled by Fran expertly. Though we were four hundred miles away, she made sure we were informed, involved and consulted at every moment. She returned endless emails and frantic phone calls. We closed on time despite numerous obstacles. Even after we closed, Fran continued to look after our needs by helping us with unexpected issues like pets abandoned at the house, getting piles of debris disposed of, and finding quick medical care. Fran is a treasure, and if you ever buy or sell your property let her handle it...because she will. And well, incredibly well, trust us on that.
The Crabtrees of Crescent City
Phillip Knight
I have the highest regard for Real Estate Agent Fran Gatti from Ming Tree Realty. Fran helped to find the "perfect" house for my real estate investment, and also helped me negotiate a great price for this home. Fran made valuable suggestions in creating inexpensive home improvements to increase the property value and to make the property desirable for a rental home. Throughout this process, she was inspiring, friendly and comforting. Fran is a very wise and hardworking realtor and I would never use another. Best of all, she listens carefully to my desires and my needs, and never pushes me in directions I don''t want to go. I am forever grateful for her professional guidance!
J. Hoffard
I would definitely rate your support all high marks. You were very helpful during the sales process. You supported us during a slow sales market with telephone calls encouraging us. We had a specialized piece of property with 3 acres, which can be difficult to market. We believe the marketing process provided by you and Dan sold our property. Your help during the escrow process was especially supportive. You found us a much needed plumber to assist with the well requirements. Fran Gatti is the consummate real estate professional. Fran took the time to listen to our needs, help us direct our search, and arrive at the perfect decision for us. Without her caring, thoughtful and patient guidance we would not have been able to live, finally, in the home (and town) of our dreams. It took me almost three years to decide to buy a home in Crescent City. In that time I watched the market, compared homes online and figured out which areas would be best for my family. When I first met Fran I was in no hurry to buy a home. I was willing to wait for the right deal and the right house. Fran asked what I was looking for and I gave her my conditions and patiently searched for the right home for us. I would even go so far as to say that Fran knew what I needed better that I did! After months of sending me email listings of homes and showing me a lot of houses, we found the one I bought. I knew it right away and so did she. It was a pretty cool experience. Fran was patient with me, but didn't neglect me because I wasn't ready to buy right away. She has even been helpful after the sale. Apparently, the garage door was damaged as the seller was moving. Fran followed up and made sure that everything was done to get the door replaced. Without reservation, I would recommend Fran Gatti to anyone who is looking for a home in Crescent City or Del Norte County.
Again, thank you for your professionalism and support during this long process.
Hilary
Mike and Lorie Carter
Grant Scholes
Crescent City, California
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
