Chico Real Estate Reality

Tuesday, May 25, 2010

The Elephant in the Room.

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This is a Real Estate Blog, right? It’s logical to assume that you’re going to get some commentary when a GREAT BIG story appears on the fro...
Friday, May 21, 2010

Farming for Sellers

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In Real Estate jargon the term ‘farming’ describes the process of actively seeking, contacting and cultivating potential home sellers via do...
Wednesday, May 12, 2010

Starting Over.

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Many Chico area families who have either recently lost their home to foreclosure or short-sale, or are expecting too, are left wondering “wh...
Sunday, May 9, 2010

Listings, Listings Everywhere...But Will The Buyers Keep Buying?

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Well that dreaded date has past – the ‘sun-downing’ of the Government’s Home Buyer Tax Credit on April 30. Things got pretty busy there in A...
Tuesday, May 4, 2010

Comparing Apples to Oranges...

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I was in the Los Angeles area (San Fernando Valley actually) last weekend to visit some friends and was amazed by property values. I know wh...
Monday, April 26, 2010

Credit Where It's Due.

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Gotta’ give em’ props – Coldwell Banker saw the opportunity to get some valuable press this morning and jump ahead of the competition by s...
Tuesday, April 20, 2010

Finding a Pulse.

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The home buyer tax credit that we have been touting for months is about to sunset…has it done any good and will buyers rush to take advantag...
Thursday, April 15, 2010

Trend or "Bump"?

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The Chico market has ‘felt’ significantly busier the last few weeks – we’ve personally listed four properties and sold three, but is it indi...
Saturday, April 10, 2010

Take Heart - Cash is Still King!

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Just when everyone (myself included) seems to be lamenting the complications involved in lengthy short sales and foreclosures, cash comes al...
Tuesday, April 6, 2010

Return of the CONDO?!

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Having just sold two Chico condominiums and listed two others it occurred to me that perhaps the golden era of the condo is finally upon us,...
Monday, March 29, 2010

When is a House Not a Home?

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According to the City Planner contracted to represent the City of Biggs a house is not a home when it is not permitted as a ‘livable unit’. ...
Friday, March 26, 2010

Bloomin' Chico

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Look around Chico and you’ll find that, despite people watching their budgets carefully they are still investing in their yards! One of the ...
Wednesday, March 24, 2010

A Frugal Home in Chico?!

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During my morning shift guest hosting the KCHO Radio Pledge Drive this morning my friend Louise Phillipi-Derr got to talking about Chico Rea...
Tuesday, March 23, 2010

The BALE to Break Their Back

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At a meeting of the fifty agents in my office this morning we were stunned to hear that owners of homes that are ‘short-saled’ or foreclosed...
Saturday, March 20, 2010

Survival Mode: Back to the Land

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I spent a couple of eye-opening days in the hills east of Chico and Oroville earlier this week with a lady and her son from Alaska. They are...
Tuesday, March 16, 2010

Attention Shoppers: Blue Light Special!

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Have the home buyer tax credits affected sales here in Chico? If statistics from the State are any indication the ‘bump’ in local sales beca...
Friday, March 12, 2010

Do Unto the Bank...?

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An Oroville client of mine called me today…said he was feeling guilty about not making the payments on his home because at last Sunday’s Chu...
Wednesday, March 10, 2010

The Short and Long of it...

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There are currently about 95 properties (homes, condos, mobiles) for sale in the Chico Area that are designated as ‘short sales’ . The joke ...
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Monday, March 8, 2010

Down-sizing or: Honey I Shrunk The House!

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If Open Houses are an indication of what people are interested in these days, the answer is ‘downsizing’. This weekend I hosted two open hom...
Tuesday, March 2, 2010

Window Shopping for Homes.

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At an office meeting this morning real estate agents volunteered information on the turnout at their ‘open houses’ from this past weekend. “...
Monday, March 1, 2010

The Return of the Lease Option

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With the competition of ridiculously under-priced short-sales, foreclosures and bank-owned homes driving down prices in the Chico area, norm...
Friday, February 26, 2010

Help Chico Home Sales, Drink More Pale Ale!

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While the governments ‘buyers tax credits’ may be helping get some Butte County buyers into the house shopping mode experts are predicting ...
1 comment:
Wednesday, February 24, 2010

“SOLD! To the man in the white hat” . . . Buying Chico Area Homes at Auction

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To say that the Real estate business is evolving is an understatement these days, as everyday is a new learning experience even for seasone...
Monday, February 22, 2010

Responsible Choices, Unresponsive Lenders

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People in our community are trying hard to hang onto their homes, in many cases the lending institutions are not helping, case-in-point: A C...
Wednesday, February 17, 2010

Who’ll be Buying In Butte 2010-2019?

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So you’ve decided to wait to sell your home until prices go back up? You’ll be hearing lots of predictions on what’s to come, most fortune-t...
Friday, February 12, 2010

Fears, Tears and a New Resolve.

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Are Butte County homeowners distressed about the mortgage crisis? If our February 11 Loan Modification Workshop was any indication, the leve...
Thursday, February 11, 2010

What to do About #2, or Can a Second Mortgage be Modified?

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When we talk about loan modifications it may sound like we’re departing from the local, Chico perspective…nothing could be farther from corr...
Tuesday, February 9, 2010

Your Tax Dollars at Work . . . Making Bankers Rich

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An informative video is worth a thousand words so I'll let this one speak for itself. Feeling sorry for the banks yet? Despite this info...
Friday, February 5, 2010

Drive a Little...Save a Lot?

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We’ve heard the hypothesis (in fact we’ve perpetuated it) that homes are significantly more affordable if a buyer is willing to drive to the...
Wednesday, February 3, 2010

Mad as hell? . . . You're Not Alone!

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Are there many people in the Chico area needing loan modifications? If response to our LOAN MODIFICATION WORKSHOP is any indication the ans...
Sunday, January 31, 2010

Retiring in Paradise. . . and Chico

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The Chico / Paradise area has long been a popular retirement choice, based in part on our wonderful summer weather (‘warmer weather’ was i...
Wednesday, January 27, 2010

Short Sales May Actually Start Becoming Short!

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Many of my posts have mentioned and discussed short-sales , that most inappropriately named process of selling a home that is in trouble but...
Monday, January 25, 2010

Non-Stop Rain in Chico, The Real Estate Reality

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After more than a week of steady rain, Chico area neighborhoods are pretty water-logged. Sometimes the culprit behind localized street flood...
Friday, January 22, 2010

The Lowest Home Prices Around?

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Remember 2005? You could buy a house in January for $300,000 and sell it in December for nearly $400,000! Or you could list a house for $250...
Wednesday, January 20, 2010

Water Water Everywhere But Not a Drop To Drink*…

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Given the torrential, El Nino induced downpour this week you wouldn’t think that water availability would be at the top of anyone’s mind, b...
Tuesday, January 19, 2010

Blindsided by a Credit ‘Hit’

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Just when loan modifications look to be the possible ‘silver-bullet’ to ward off foreclosure and credit damage, we now find out that they ...
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