Chico MLS Single Family Homes
Last Week 
This Week 
Up or Down

Week Ending

11/14/2008

11/21/08

Active homes for sale

367

346

21

Median price, active

$350,000

$359,500

Up 9.5K

New listings

10

9

Down 1

Escrows opened

10

17

Up 7

Escrows closed

12

17

Up 5

Avg days on market

28

89

61

SNVMLS Chico  1A to 1F
 
 
 

Search for Chico real estate through the MLS. Click here.
Source: Sierra North Valley MLS, Chico Urban Areas 1A to 1F

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Here is some useful information from the California Association of Realtors to find the help you need:
C.A.R. has created several new resources for homeowners seeking information on existing mortgage workout programs. To provide you with one easy-to-use document, we’ve developed a chart outlining programs offered by the larger lenders and government entities, including a snapshot on eligibility [...]

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Chico MLS Single Family Homes
Last Week 
This Week 
Up or Down

Week Ending

11/07/2008

11/14/2008

Active homes for sale

377

367

Down 10

Median price, active

$352,500

$350,000

Down 2.5K

New listings

15

10

Down 5

Escrows opened

9

10

Up 1

Escrows closed

15

12

Down 3

Avg days on market

82

28

Down 54

SNVMLS Chico  1A to 1F
 
 
 

Search for Chico real estate through the MLS. Click here.
Source: Sierra North Valley MLS, Chico Urban Areas 1A to 1F

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How many times have you heard, “I was just in the right place at the right time?”
 
A good 15 to 20 years ago, I heard something I will never forget.
 
I was attending a seminar on how to negotiate with large advertising agencies placing television buys. The skills I learned are great for negotiating real estate [...]

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Chico MLS Single Family Homes
Last Week 
This Week 
Up or Down

Week Ending

10/31/2008

11/07/2008

Active homes for sale

394

377

Down 17

Median price, active

$350,000

$352,500

Up 2.5K

New listings

32

15

Down 17

Escrows opened

13

9

Down 4

Escrows closed

14

15

Up 1

Avg days on market

41

82

Up 82

SNVMLS Chico  1A to 1F
 
 
 

Search for Chico real estate through the MLS. Click here.
Source: Sierra North Valley MLS, Chico Urban Areas 1A to 1F

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California has been hit by two major housing “hurricanes.” One in fall 2005 and a second one this August.
 
Imagine Florida for a moment. When a major hurricane blows in, the area closest to the eye of the storm experiences the major brunt of the damage, and possibly the storm surge. As the storm continues its [...]

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Should the government get involved in helping reduce the loan amounts on underwater mortgages?
 
If structured well, I think the government can help rework loan amounts on troubled mortgages. But ultimately, the homeowner should not gain the benefit if the home increases in value years later. Any amount absorbed by taxpayers should be protected by recording a silent [...]

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Chico MLS Single Family Homes
Last Week 
This Week 
Up or Down

Week Ending

10/24/2008

 10/31/2008
 

Active homes for sale

405

394

Down 9

Median price, active

$350,000

$350,000

=

New listings

31

32

Up 1

Escrows opened

12

13

Up 1

Escrows closed

15

14

Down 1

Avg days on market

49

41

Down 8

SNVMLS Chico  1A to 1F
 
 
 

Search for Chico real estate through the MLS. Click here.
Source: Sierra North Valley MLS, Chico Urban Areas 1A to 1F

[Read more →]