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The video below is brought to you by the California Association of REALTORS. C.AR. Cheif economist Leslie Appleton-Young discusses December 2010 home sales for the state of Californina. If you would like to see local homes sales data for Shasta County and the Redding area see our December 2010 Shasta County Homes Sales Report.
One of the most-asked questions we get is how much are homes selling for in Redding? As REALTORS we use a series of steps in determining a home’s value. One of the steps involves checking the recent sales price of similar homes, also known as comps or comparables. If you’re curious about the value of… Read More
Home sales in Redding and Shasta County jumped quit a bit from last month. This is pretty typical for November and December. In November there were a total of 161 homes sold in Shasta County, and in December we had 196 homes sold. That is quite a jump, however that number is pretty close to… Read More
Shasta County home sales were down when compared to the same time last year. In November 2010 there were a total of 160 homes sold in the Shasta County MLS, that is down from the 172 homes that sold in November last year. In the city of Redding there were a total of 86 home… Read More
Home prices in Redding have finally reached levels where more people can qualify for a loan. In fact, there are many homes available that can be purchased for less than the cost of building new. You can verify this by searching “properties for sale in Redding” and all other cities in Shasta County. I think… Read More
Pending home sales edged down with near-term sales expected to be notably lower in contrast to the spring surge when buyers rushed to take advantage of the home buyer tax credit, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator, declined 2.6 percent to 75.7 based on contracts signed in… Read More
Sales of existing homes fell further in June but still remained notably higher than year-ago levels, the National Association of Realtors (NAR) reported Thursday. According to NAR’s report, existing-home sales came in at a seasonally adjusted annual rate of 5.37 million units in June, down 5.1 percent from 5.66 million units in May. However, sales… Read More
Home sales may have been trending down the last couple of months, but there is some good news out there. A survey by Relocation.com says more Americans are expecting to purchase a home in the near future. The survey found that some families are temporarily renting while they do their research and look for the… Read More
Shasta County home sales were relatively flat when compared to June last year. June 2010 had 194 home sales reported in the Shasta County MLS compared to 2009’s 193 homes. Redding accounted for 114 of the 194 homes sold. The median sales price for Redding homes was $222,523, down from last year’s price of… Read More
A recent survey conducted by Trulia and RealtTrac found that the negative sentiment towards buying foreclosed properties has decreased compared to one year ago. With 78 percent of U.S. adults believing there are downsides to buying foreclosed properties compared to 85 percent in May 2009. Among those who think there are negative aspects to purchasing… Read More
