Chris and Maria Jeantet

Home inventory is going down and sales activity is going up! That is great news for the Shasta County real estate market. Anything under $200,000 sells...that seems to be where the buyers are. This is primarily due in part to the First Time Home Buyer Tax Credit which was recently extended through 2010. For those that waited "until prices come down", their patience was well worth it!

The average days on the market for homes in the Redding, CA area are around 130 days. Almost 50% of our unsold inventory is a foreclosed property or pre-foreclosure (short-sale). Homeowners who have not been able to sell are being challenged by these rock-bottom, foreclosure properties.

Have we hit bottom? It depends who you ask. The local news-reporter will say one thing, while the local real estate agent will say another which will be entirely different from what a home-buyer or home-seller will say. One thing is for sure, it will take many years before we will begin to see double-digit appreciation on home values, California (and Redding for that matter) was out of control. We were past due for some correction and equilibrium of the market. Personally, we're keeping our eyes on unemployment and consumer confidence indexes. It's simple really, low unemployment means confident consumers, which equals more home purchases. The truth is, Redding is still facing double-digit unemployment rates, almost 15% as of October 2009, more than doubled from 2005 numbers when it was 6-7%.

For regular updates on our local market, follow us on twitter or visit our website at ShastaLiving.com.

Thank you for reading! Chris & Maria Jeantet Direct: (530) 510-8880

Experienced Residential Sales & Marketing Realtors

Short Sale Specialists

Helping Homeowners Avoid Foreclosure

If you are looking for a list of the best businesses in Redding, CA.

Well, look no more! ShopRedding.com is the place to go!

For tourist information and much more about Redding, CA you can also visit; ReddingChamber.com

ShopRedding.com is a part of the ShopCity.com local web network. They provide a simple and easy way for local shoppers to connect with local businesses in Redding, California.

For local shoppers they provide tools and services that allow you to find the best deal and make informed choices as to where to shop in your local community. Whether you want to find a business' contact details, search for the best deals in your community, see what other people think about businesses through reviews, sell stuff through classifieds and more - ShopRedding.com is a great place to connect with local businesses and shop locally in Redding, California.

We are really exited about this website and its convenience to all shoppers.

Redding is growing & so is our businesses!

United States Census 2010

The countdown to the 2010 Census has begun, and the U.S. Census Bureau is looking to the community to ensure an accurate count. Census day is on April 1, 2010, therefore it is extremely important that people are aware and ready to participate, ensuring the accuracy of the data. The 2010 Census will have one of the shortest census questionnaires in the history of the United States, dating back to the nation's first census in 1790; it will focus on questions such as name, gender, age, race, ethnicity, relationship and whether the householder owns or rents their home. They are hoping by making the form easier and less tedious, more participants will be willing to take the 10 minutes complete the questionnaire. The Bureau wants to stress that all answers are protected by law and strictly confidential.

Some of the main reasons residents should be aware of the 2010 Census :

• The federal government uses census numbers to allocate more than $300 billion in federal funds annually for community programs and services, such as education, housing and community development, health care services for the elderly, job training and more.

• State, local and tribal governments use census information for planning and allocating funds for new school construction, libraries and other public buildings, highway safety and public transportation systems, new roads and bridges, location of police and fire departments, and many other projects.

• Community organizations use census information to develop social service programs, community action projects, senior lunch programs and child-care centers.

• The numbers help businesses identify where to locate factories, shopping centers, movie theaters, banks and offices - activities that often lead to new jobs.

• The census totals are used to determine how many seats each state will have in the U.S. House of Representatives (Extremely Important!)

Be a part of this revolutionizing event and help keep the data and information accurate so the United States can better help serve you!

For more information about the 2010 Census visit www.census.gov/2010census or Contact: Public Information Office (301) 763-3691, (301) 763-3762, or facsimile (301) 457-1037. E-mail: pio@census.gov

Re Post:Michael Caruso: http://activerain.com/blogsview/1300348/it-s-census-time

Hello everyone, and thanks again for visiting “Blogging About Redding”. As most of you already know, we are in October which means “Breast Cancer Awareness Month”. On Thursday the 15th was a day where many cities and communities came together on behalf of Think Pink Breast Cancer Awareness Day, and Redding, CA wasn’t the exception! Besides the many activities that were happening around town that day, the biggest and most visible was on our very own Sundial Bridge. Check out this video! From www.redding.com: Hundreds of people strolled the Sundial Bridge tonight to see the Redding landmark bathed in a pinkish glow for Think Pink Breast Cancer Awareness Day. “It’s pretty cool. It’s totally different,” Redding resident and Shasta Photo Club member Aaron Patterson said after lugging his camera equipment from the bank of the Sacramento River. Patterson and many others brought their cameras to take pictures of the Sundial Bridge, which was illuminated in pink for breast-cancer awareness. The outline of a pink ribbon gleamed on one side of the bridge. Morpheus Lighting of Redding had placed gel filters over the bridge’s lights to give the span its special hue. The pink lights were due to be turned off at 10 p.m. Earlier today, Nor-Cal Think Pink organizers distributed about 40,000 bags containing breast cancer information and handed out pink carnations throughout the north state to bring attention to their cause, Think Pink coordinator Erika Wiechman said. Photo by Greg Barnette: The Sundial Bridge at Turtle Bay Exploration Park in Redding is illuminated in pink light Thursday night for the 13th annual Think Pink Breast Cancer Awareness Day.

Here is some great information I came across on our website and wanted to share it again; www.coldwellbanker.com

When is the best time to buy a house? With many markets reporting an abundance of homes for sale, and interest rates remaining at near historic lows, now might be one of the best times in recent memory. While today's real estate market does offer advantages to buyers, consumers still need to be savvy in order to get the best deal they can.

Following are some valuable home buying information that the professionals at Coldwell Banker Real Estate LLC think every homebuyer should keep in mind:

Don't Try to Time the Market. When home prices are lower, it is very tempting for potential buyers to try to wait as long as possible in the hopes that prices will decline even further. This strategy can be detrimental because when there is high inventory, smart sellers price their homes properly - not according to past sales but according to current conditions - so their homes will sell in a timely fashion. Once a home is priced to what the current market will bear, buyers will make offers.

Shop Around. But Don't Wait Too Long. The National Association of REALTORS reports that homes are staying on the market for several months. Recent increased inventory gives homebuyers a great opportunity to compare homes that meet their needs. However, this does not mean that homebuyers should procrastinate. If you find a house you love, put in your bid and negotiate. Don't provide an opportunity for another buyer to make an offer.

Watch Mortgage Rates. As of early 2009, mortgage rates were continuing to fall to historic lows. This presents a strong opportunity to enter the real estate market, particularly for first time homebuyers who have no need to sell another home. Simple mortgage calculators widely available online can help you determine just how much you will pay per month, based on a given rate. For example, a monthly payment on a 30-year fixed 5.875 mortgage rate on a 300,000 loan will be $1,774.61.

Negotiate on the Incentives. Sellers eager to move may offer you a variety of incentives such as cars, trips, furnishings and even credit card bill payment. If you accept an incentive, make sure it makes sense for you. Instead of having your bills paid, you may opt to have the seller renovate the master bathroom or install new flooring. Of course, you can always ask the seller to simply deduct the amount in question from the list price.