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Chico, Paradise and Magalia Foreclosures for Sale!

May 5th, 2008 categories: Chico CA Foreclosure Listings, Chico CA Real Estate News

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Butte, Glenn and Tehama County Foreclosure Properties for Sale

May 2nd, 2008 categories: Chico CA Foreclosure Listings, Chico CA Real Estate News

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Let’s Make Chico CA a Little Greener

May 2nd, 2008 categories: Chico CA Real Estate News

by Mike Wiegert

This post is dedicated to providing information on making Chico a little “greener” by giving information on eco-friendly products, services and practices available to all of us.

Are you in a quandary about what material to use to replace existing countertops or install in a newly built home? The variety of products for counter tops is a virtual smorgasbord of surfaces ranging from rich choices in granite and marble to concrete to a wide variety of tile and slate. How about broken glass for an option? Yes, it’s true, recycled glass counter tops are available in a host of visual choices from subdued to ultra flashy. Want to check it out? Granite Transformations right here in south Chico has a wide variety of recycled glass products. Local owner, Don Thomas also reminded me that their business covers existing counter tops with their products, thereby eliminating the need to remove and deposit the old counter tops into the county landfill.

Ever hear of “phantom loads”? If you have, good for you. I hadn’t and here’s the lowdown: By way of example, most of us have a cell phone charger that we only use at night. We leave the docking station plugged in and ready to use. By doing so, we are leaking small amounts of electricity out into our environment at no benefit to us. If you had a dripping sink you would get out the wrenches and fix the leak, right? Most of us are wasting more electricity of components in our homes such as the TV, VCR, DVD player, stereo and other devices that utilize a remote to turn them on and off. These components use power in the standby mode so that they can be turned on by our remotes. I don’t know about you, but I spend a lot more energy searching for my remote that is usually under the couch then I would walking up to the TV and turning it on manually. With all the multiple components an average American household has these days, you’re probably resistant to the idea of turning them all on or off. Why not put them all on a power strip, preferably one without the light which also wastes electricity, and then you can turn all of your entertainment needs on in the push of one button. That big transformer you’re using to charge you’re laptop is sucking up the juice when not in use. How many clocks does a household really need? And why do you need one on your coffeemaker when you make the coffee manually? I’m sure many are wondering how much electricity are we really wasting with all this all this nonsense. A recent ad from PG&E announced that if all Californians eliminated their phantom loads, it would be the equivalent of taking 8.5 million cars off the road.

Want to save energy, save money and maybe get a rebate? The California Public Utilities Commissions publishes a list of energy saving tips and also rebate information pertaining to appliances and other devices used the home or office. Please visit: www.FlexYourPower.org.

Chico is such a great place to live! Let all work together to make it better… and greener.

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Chico MLS Foreclosure Properties for Sale!

April 28th, 2008 categories: Chico CA Real Estate News

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Legislators Confront Housing Issues. Will it affect the Chico Housing Market?

April 27th, 2008 categories: Chico CA Real Estate News

by Mike Wiegert
Regardless of anyone’s political contentment or not, it’s undeniable that the Federal government is concerned about the housing and mortgage credit crisis. Two new bills have been introduced into legislation by the House Financial Services Committee directed at dealing with the increase in foreclosures and promoting the growth of single family home ownership for lower income families in dire need of housing.

The first bill introduced last month is H.R. 5830, the FHA Housing and Retention Act. This measure essentially grants money and more authority to the Federal Housing Administration (FHA) to assist borrowers at risk of losing their homes through foreclosure and provide affordable mortgages. The bill also requires the Federal Reserve Board to conduct a study on the necessity of an auction or bulk refinancing mechanism.

The second bill is H.R. 5815, the Neighborhood Stabilization Act of 2008 introduced by Subcommittee on Housing and Community Opportunity Chairwoman, Maxine Waters. This measure stipulates guidelines that when met will provide loans and grants to states and cities to confront the regional and local Chico foreclosure epidemic.

The new FHA Housing and Retention Act is a $300 billion measure the establishes a voluntary program authorizing FHA to provide new guarantees to borrowers who are at risk of defaulting on existing homes loans. The authorization would only be available in instances where the amount recovered from the foreclosure would be below the outstanding principal of the loan. In these cases, the existing lender would be offered a “short payment”, an amount less than the principal balance of the loan but certainly more that the lender would be expected to glean from foreclosing and then reselling the property. A new affordable mortgage would be offered to the borrower at approximately 90 percent of the homes current appraised market value. The program includes a “soft” second mortgage owed by the borrower to cover FHA’s closing costs. An additional provision of the bill states that the borrower, upon sale of the property, would pay an “exit” fee amounting to 0-3 percent of the profit on the home depending upon the time period the borrower owned the home.

The Neighborhood Stabilization Act of 2008, creates a $15 billion U.S. Department of Housing and Urban Development (HUD) loan and grant program. The intended purpose of the program is to provide funds for loans and grants for the purchase and rehabilitation of vacated foreclosure homes, thereby stabilizing neighborhoods. The measure divides the funds equally into $7.5 billion for loans and the other $7.5 billion for grants. Each state would be allocated these funds based on their percentage of foreclosures over the last four quarters and then adjusted to take into account the State’s median home price. It’s certainly predictable that California with it’s high rate of foreclosures and equally high median home price to be a large recipient of these funds. In this instance, California will have ultimate authority to direct and delegate the use of these funds to localities. Unfortunately, these funds are to be directed to the more highly populated cities in the state, so many of our north state cities are not likely to see these funds coming our way.

Seems a bit unfair that our north state tax dollars will be going into a program to assist beleaguered homeowners in other parts of the state while subsequently denying at risk borrowers in Chico, doesn’t it?

I’m sure a few Congressmen are going to get letters over this issue. Well, that’s Democracy at it’s finest!

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April 26th, 2008 categories: Chico CA Foreclosure Listings, Chico CA Real Estate News

Updated: 04/26/2008

Chico (and surrounding areas) Foreclosure Properties Coming Soon!

Want the inside scoop on Chico foreclosure properties not yet listed? The following are scheduled for marketing within the next 30 days:

45B E Tehama, Orland

174 Artesia, Chico

475 Sacramento, Hamilton City

254 E 15th Street, Chico

2136 Rosedale, Oroville

762 1st Avenue, Chico

CHICO FORECLOSURES

2200 NOTRE DAME BLVD Condos $119,900 2 bed 1 bath, 864 sqft, built 1981 (Pending)

2197 FAIR ST SFD $125,900 1 bed 1 bath, 676 sqft built 1935

269 W Rio Bonito, Biggs SFD $138,000 3 bed, 1.5 bath, 1222 sqft, built 1970 (Pending)

1271 E 9TH STREET SFD $160,500 2 bed 1 bath, 1296 sqft, built 1943

2159 SHOSHONEE AVE SFD $174,500 3 bed 2 bath, 1336 sqft, built 1988 (Pending)

9364 HOLLAND AVE, Durham SFD $174,900 3 bed 1.5 bath, 1600 sqft, built 1948

926 E EATON RD SFD $177,900 3 bed 2 bath, 1167 sqft, built 1973

2752 KEITH HOPKINS PL SFD, $179,900 3 bed 2 bath, 1221 sqft, built 1997 (Pending)

1527 B Street SFD $179,900 3 bed 2 bath, 1108 sqft, built 1989 (Pending)

5241 MIDWAY SFD (Richvale) $199,900 3bed, 1.5 bath, 1712 sqft, built 1945

2099 HARTFORD DR (Condo) SFD $199,900 3 bed 2 bath, 1382 sqft, built 2005

852 Lindo Lane SFD $209,900 3 bed 2 bath, 1398 sqft, built 1950 (Pending)

5259 CHURCH ST (Richvale) SFD $217,500 3 bed 2 bath, 1456 sqft, built 1978

87 KEY WEST LOOP SFD $219,000 3 bed 2 bath, 1126 sqft, built 2006 (Pending)

2701 REVERE LN SFD $225,000 4 bed 2.5 bath, 1516 sqft, built 1994 (Pending)

2827 UPLAND DR SFD $225,900 3 bed 2 bath, 1572 sqft, built 2000

1276 CALLA LN SFD $227,424 4 bed 1.5 bath, 1746 sqft, built 1963 (Pending)

2631 SAN JOSE ST SFD $228,900 4 bed 3 bath, 2135 sqft, built 1960 (Pending)

1081 REY CIR SFD $232,900 4 bed 1.75 bath, 1414 sqft, built 1972 (Pending)

15 GLENSHIRE LN SFD $235,900 4 bed, 1.5 bath, 1305 sqft, built in 1987 (Pending)

747 WATERFORD DR SFD $237,450 3 bed 2 bath, 1374 sqft, built 1980 (Pending)

1085 WINDSOR WAY SFD $259,000 3 bed 2 bath, 1402 sqft, built 2003

13200 HAMILTON NORD SFD $261,000 3 bed 2 bath, 1888 sqft, built 1976 (Pending)

4330 KEITH LN SFD $269,000 3 bed 1.5 bath, 1392 sqft, built 1976 (Pending)

2718 CEANOTHUS AVE $279,900 3 bed 3 bath, 2060 sqft, built 2006 (Pending)

100 BENSON TERR SFD $279,900 3 be, 2 1/2 bath, 1967 sqft, built 2004

446 W 10TH STREET SFD $284,900 3 bed 1.5 bath, 1870 sqft, built 1910 (Pending)

67 HERLAX CIR SFD $287,500 3 bed 2 bath, 1853 sqft, built 2004 (Pending)

59 Veneto Circle SFD $299,900 2 bed 2 bath, 1502 sqft, built 2005

1134 11TH AVENUE SFD $335,300 3 bed 2 bath, 1853 sqft, built in 2004 (Pending)

3006 TOP HAND CT SFD $359,900 3 bed 2.5 bath, 2336 sqft, built 1980 (Pending)

352 MESA VERDE COURT SFD $435,000 4 bed 3 bath, 2460 sqft, built 2005

2721 ESCALLONIA WY SFD $439,000 4 bed 3 bath, 2435 sqft, built 2001 (Pending)

454 BROOKSIDE DRIVE SFD $446,405 3 bed 3 bath, 2811 sqft, built 1993

10696 PLAYER LN SFD $649,900 3 bed 3 bath, 3342 sqft, built 2005 (Pending)

LOS MOLINOS FORECLOSURES

24890 KELLIE WAY SFD $179,900 3 bed 2 bath, 1252 sqft, built 1968 (Pending)

MAGALIA FORECLOSURES

13721 ENDICOT CIR MFD $129,500 2 beds 2 baths, 1616 sqft, built 1979

6186 WOODPECKER RD SFD $144,900 2bed 2 bath, 1189 sqft, built 1985

13980 CASCADE DR SFD $149,900 3 bed 1.75 bath, 1080 sqft, built 1980

14569 ASHEVILLE DR SFD $154,900 2 bed 2.25 bath, 1738 sqft, built 1981 (Pending)

14549 CARNEGIE RD SFD $159,000 3 beds 2 baths, 1486 sqft, built 1992

13695 ANDOVER DR SFD $160,900 3 bed 1 bath, 1564 sqft, built 1982

6560 HURON CT SFD $199,900 2 bed 2 bath, 1260 sqft, built 1980

15220 SKYWAY SFD $215,000 3 bed 2 bath, 1696 sqft, built 1979

14658 BRIDGEPORT CIR SFD $220,000 3 bed 2 bath, 1903 sqft, built 2005

ORLAND FORECLOSURES

621 COLUSA ST SFD $129,900 3 bed 1 bath, 1015 sqft, built 1940

801 PECAN ST SFD $133,900, 3 bed 1.5 bath, 1080 sqft, built 1986

1311 FAIRVIEW ST SFD $135,000 3 bed 1 bath, 1000 sqft, built 1993

802 DATE ST SFD $144,900 3 bed 2 bath, 1080 sqft, 1988

803 PECAN CIR SFD $152,900 3 bed 2 bath, 1080 sqft, built 1986

1309 FAIRVIEW ST SFD $169,000 3 bed 1.5 bath, 1080 sqft, built 1993

326 BYRON WAY SFD $239,900 3 bed 2.5 bath, 1866 sqft, built 1977

778 JACQUELYN DRIVE SFD $249,900 3 bed 2.5 bath, 1773 sqft, built 2006

120 THIRD STREET SFD $259,000 3 bed 2 bath, 2063 sqft, built 2005

6202 CO RD 15 SFD $299,900 3 bed 2.5 bath, 2300 sqft, built 1977 (Pending)

6705 CO RD 20 $354,900 4 bed 3 bath, 2114 sqft, built 2005 (Pending)

OROVILLE FORECLOSURES

3320 Columbia Ave SFD $68,432 3 bed 1 bath 680 sqft, built 1949

2364 A STREET SFD $69,900 2 bed 1 bath, 864 sqft, built 1935 (Pending)

4935 LINCOLN BLVD SFD $79,900 3 bed 2 bath, 1152 sqft, built 1981 (Pending)

2765 ORO BANGOR HWY SFD $84,900 3bed, 1bath, 1008 sqft, built in 1987

292 APACHE CIR SFD $91,080 2 bed 2 bath, 1440 sqft, built 1976 (Pending)

1080 TEHAMA AVE SFD $94,900 1 bed 1 bath, 912 sqft, built 1949

29 ROSITA WAY SFD $98,000 3 bed 1 bath, 960 sqft, built 1963 (Pending)

2151 OROVILLE BANGOR Duplex! $99,900 built 1954 (Pending)

3451 ORO BANGOR HWY SFD $99,900 3 bed 1 bath, 1266 sqft, built 1950

220 CANYON DR SFD $113,900 4 bed 2 bath, 1894 sqft, built 1954 (Pending)

2032 16^th Street SFD $139,000 4 bed 2 bath, 1388 sqft, built 1964 (Pending)

853 HARLAN AVE SFD $144,900 3 bed 1 bath, 1088 sqft, built 1951

1687 LETA LN SFD $145,000 2 bed 2 bath, 1038 sqft, built 1978 (Pending)

18 WESTWOOD WAY SFD $153,900 3 bed 2 bath, 1152 Sqft, built 1979

1445 7TH AVENUE SFD $173,000 2 bed 1 bath, 1228 sqft, built 1925 (Pending)

21 LA CRESENTA DR $176,900 3 bed 2 bath, 1338 sqft, built 1951

11 GLEN CIR SFD $178,900 3 bed 2 bath, 1936 sqft, built 1963 (Pending)

37 SELF LN SFD $184,000 2 bed 1 bath, 1240 sqft, built 1982 (Pending)

30 RIDGE LINE CT SFD $204,900 2 bed 2 bath, 1381 sqft, built 1990 (Pending)

3615 HILDALE AVE SFD $219,600 3 bed 2 bath, 1778 sqft, built 1961 (Pending)

17 LA FORET DR SFD $229,900 3bed 3 bath, 2344 sqft, built 1983

2680 HWY 70 SFD $322,900 2 bed 2 bath, 1836 sqft, built 1981

PARADISE FORECLOSURES

1835 DRENDEL CIR SFD $114,900 4 bed 1 bath (Pending)

13575 Skyway SFD $116,000 2 bed 1 bath, 995 sqft, built 1937

83 ROE RD SFD $129,900 2 bed 1 bath, 936 sqft, built 1948

6338 DIAMOND AVE SFD $129,900 2 bed 1 bath, 1147 sqft, built 1949 (Pending)

5371 SAWMILL RD SFD $139,000 2bed 1 bath, 1014 sqft, built 1950 (Pending)

5571 KEITH LN SFD $135,900 2 bed 1 bath, 904 sqft, built 1940

463 VALLEY VIEW DR SFD $138,000 2 bed 2 bath, 1020 sqft, built 1947 (Pending)

1115 NUNNELEY SFD $140,500 3 bed 2 bath, 1626 sqft, built 1950 (Pending)

1481 MAGGIES LN SFD $144,900 2 bed 1.5 bath, 996 sqft, built 1980

6893 LUNAR LN SFD $164,900 2 bed 1.5 bath, 988 sqft, built 1970 (Pending)

6650 Dolores DR SFD $170,900 2 bed 1.5 bath, 1215 sqft, built 1972

5811 PERRY MASON LN SFD $180,000 2 bed 1.5 bath, 1799 sqft, built 1956 (Pending)

5575 SIERRA PARK DR SFD $190,000 3 bed 2 bath, 1420 sqft, built 1948

616 CIRCLEWOOD DR SFD $209,000 2 bed 2 bath, 1520 sqft, built 1979 (Pending)

481 TIGER TAIL LN SFD $210,000 2 bed 1 bath, 1428 sqft, built 1925

5892 COPELAND RD SFD $214,900 3bed 2 bath, 1715 sqft, built 1966

1658 JARAMILLO LN SFD $219,000 2 bed 2 bath, 1530 sqft, built 2006 (Pending)

1460 SUMMER LN SFD $219,000 3 bed 2 bath, 1731 sqft, built 1968 (Pending)

6165 SAWMILL RD SFD $228,900 4 bed 2 1/2 bath, 1936 sqft, built 1979

1752 WHITAKER RD SFD $239,900 3 bed 1.5 bath, 1435 sqft, built 1962 (Pending)

1246 ELLIOTT RD SFD $249,000 4 bed 3 bath, 2236 sqft, built 1960

1635 ALEXIS LN SFD $262,000 6bed 3 bath, 2977 sqft, built 1981

5427 CLARK RD SFD $356,900 6 bed 4+ bath, 4821 sqft, built 1948

3591 SUNVIEW RD SFD $369,000 3 bed 2.5 bath, 2107 sqft, built 2002

3366 HAMLIN CANYON CT SFD $384,900 4 bed 3 bath, 2548 sqft built 1992 (Pending)

5840 YORKSHIRE DR SFD $589,000 5 bed 3 bath, 2628 sqft, built 1989

WILLOWS FORECLOSURES

1052 ELM ST SFD $121,900 2 bed 1 bath, 958 sqft, built 1970 (Pending)

651 GLENNWOOD LN SFD $125,000 3 bed 2 bath, 1354 sqft, built 1979

139 N LASSEN ST SFD $140,000, 2 bed 1 bath, 1150 sqft, built 1928

430 W ASH ST SFD $145,000 3 bed 1 bath, 1535 sqft, built 1910 (Pending)

833 W SYCAMORE ST SFD $149,500 3 bed 1 bath, 1100 sqft, built 1915

695 E WOOD ST SFD $145,000 3 bed 2 bath, 1200 sqft, built 1940 (Pending)

612 GLENNWOOD LN SFD $159,900 3 bed 2 bath, 1100 sqft, built 1972

1271 E 9TH STREET SFD $160,500 2 bed 1 bath, 1296 sqft, built in 1943

517 THIRD STREET SFD $195,000 3 bed 2 bath, 1222 sqft, built 1995

Subscribe here: Chico CA Real Estate Blog to receive daily foreclosure updates!

Do you need more information on any of these properties? Call your local Chico Realtor, Sandi Bauman. 530-864-5407.

MUST HAVE information:

Foreclosures: What you should know BEFORE you make an offer, Part 1

Foreclosures: What you should know BEFORE you make an offer, Part 2

Foreclosures: What you should know BEFORE you make an offer, Part 3

Chico, California Foreclosures and West Nile Virus

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Chico Luxury Home Market

April 20th, 2008 categories: Chico CA Real Estate News, Chico Luxury Home Listings

News Release

BAUMAN ATTENDS SPECIAL TRAINING,

BUILDS EXPERTISE IN CHICO LUXURY HOME MARKET

Chico, CA 4/14/2008 — Sandi Bauman with Chico Homes recently completed a luxury home marketing training course. The Institute for Luxury Home Marketing provided the Certified Luxury Home Marketing Specialist training.

The course – which covered such topics as demographics of the affluent, lifestyle segmentation, trends and amenities in today’s luxury home product, and creating a marketing plan for the multimillion dollar property – was taught by Laurie Moore-Moore, President of the Dallas-based Institute and author of the book, “Rich Buyer, Rich Seller! The Real Estate Agents’ Guide to Marketing Luxury Homes.”

“The course is a step towards earning the prestigious Certified Luxury Home Marketing Specialist (CLHMS) designation which The Institute awards internationally to sales professionals who meet performance standards in the upper-tier residential market,” said Moore-Moore. Sandi Bauman is an example of a sales associate who has earned the CLHMS designation, and who works to hone the special skills and competencies necessary to provide exceptional service in the fine homes and estates marketplace.”

Bauman is an award-winning sales associate who has been in real estate since 2005 and specializes in the Chico/Paradise residential market. She has been the top producing listing and selling agent at Chico Homes each year, servicing relocating buyers and sellers, investors, first time home buyers, and is highly active in the foreclosure market. Visit her blogsite “The Pink Couch” at www.ChicoHomeSearch.net.

“The training provided new insight about the upper tier market, helped me polish my skills, and provided valuable networking contacts with other agents across the country who specialize in luxury properties,” said Bauman. “In addition, I discovered new and creative tools for promoting expensive homes and estates and new resources for finding buyer prospects. Home buyers and sellers will benefit from my new knowledge.”

For current information on the Chico luxury homes market, contact Sandi Bauman at Chico Homes, 530-864-5407 or email [email protected]

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Bank Owned Property (REO) in Butte, Tehama and Glenn Counties

April 18th, 2008 categories: Chico CA Foreclosure Listings

Updated: 04/18/2008

Chico (and surrounding areas) Foreclosure Properties Coming Soon!

Want the inside scoop on Chico foreclosure properties not yet listed? The following are scheduled for marketing within the next 30 days:

45B E Tehama, Orland

1085 Windsor, Chico

174 Artesia, Chico

475 Sacramento, Hamilton City

254 E 15th Street, Chico

2136 Rosedale, Oroville

762 1st Avenue, Chico

CHICO FORECLOSURES

1412 N CHERRY STREET Condos $114,900 2bed 1 bath, 864 sqft, built 1982 (Pending)

2200 NOTRE DAME BLVD Condos $119,900 2 bed 1 bath, 864 sqft, built 1981

269 W Rio Bonito, Biggs SFD $138,000 3 bed, 1.5 bath, 1222 sqft, built 1970

2197 FAIR ST SFD $139,900 1 bed 1 bath, 676 sqft built 1935

1271 E 9TH STREET SFD $160,500 2 bed 1 bath, 1296 sqft, built 1943

2159 SHOSHONEE AVE SFD $174,500 3 bed 2 bath, 1336 sqft, built 1988

9364 HOLLAND AVE, Durham SFD $174,900 3 bed 1.5 bath, 1600 sqft, built 1948

2752 KEITH HOPKINS PL SFD, $179,900 3 bed 2 bath, 1221 sqft, built 1997

1527 B Street SFD $179,900 3 bed 2 bath, 1108 sqft, built 1989

569 WHITE AVE SFD $194,000 3 bed 1 bath, 989 sqft, built 1959

5241 MIDWAY SFD (Richvale) $199,900 3bed, 1.5 bath, 1712 sqft, built 1945

2099 HARTFORD DR SFD $199,900 3 bed 2 bath, 1382 sqft, built 2005

852 Lindo Lane SFD $209,900 3 bed 2 bath, 1398 sqft, built 1950

5259 CHURCH ST (Richvale) SFD $217,500 3 bed 2 bath, 1456 sqft, built 1978

87 KEY WEST LOOP SFD $219,000 3 bed 2 bath, 1126 sqft, built 2006 (Pending)

709 POMONA AVE Duplex ($219,900) 2 bed 1 bath, 1436 sqft, built 1948

8 SUN CIRCLE CT SFD $219,900 3 bed 2 bath, 1160 sqft, built 1986

2701 REVERE LN SFD $225,000 4 bed 2.5 bath, 1516 sqft, built 1994 (Pending)

1276 CALLA LN SFD $227,424 4 bed 1.5 bath, 1746 sqft, built 1963 (Pending)

2631 SAN JOSE ST SFD $228,900 4 bed 3 bath, 2135 sqft, built 1960

1081 REY CIR SFD $232,900 4 bed 1.75 bath, 1414 sqft, built 1972 (Pending)

15 GLENSHIRE LN SFD $235,900 4 bed, 1.5 bath, 1305 sqft, built in 1987

747 WATERFORD DR SFD $237,450 3 bed 2 bath, 1374 sqft, built 1980

1482 DAYTON RD SFD 2 bed 1 bath, 1001 sqft, built 1990 $249,500

713 WAYNE LN SFD $265,500 4 bed 2 bath, 1525 sqft, built 1956

4330 KEITH LN SFD $269,000 3 bed 1.5 bath, 1392 sqft, built 1976 (Pending)

2718 CEANOTHUS AVE $279,900 3 bed 3 bath, 2060 sqft, built 2006

100 BENSON TERR SFD $279,900 3 be, 2 1/2 bath, 1967 sqft, built 2004

446 W 10TH STREET SFD $284,900 3 bed 1.5 bath, 1870 sqft, built 1910

2 WINDMILL CT SFD $289,000 3 bed 2 bath, 1573 sqft, built 1980 (Pending)

2631 SAN JOSE ST SFD $289,900 4 bed 3 bath, 2135 sqft, built 1960

25 BUNKER CT SFD $299,900 3 bed 2 bath, 1801 sqft, built 2003 (Pending)

13200 HAMILTON NORD SFD $325,000 3 bed 2 bath, 1888 sqft, built 1976

1134 11TH AVENUE SFD $335,300 3 bed 2 bath, 1853 sqft, built in 2004

305 MESA VERDE COURT SFD $347,624 4 bed 3 bath, 2325 sqft, built 2005 (Pending)

832 JACOBS CT SFD $359,900 3 bed 2 bath, 1760 sqft, built 1999

3006 TOP HAND CT SFD $379,900 3 bed 2.5 bath, 2336 sqft, built 1980

352 MESA VERDE COURT SFD $435,000 4 bed 3 bath, 2460 sqft, built 2005

2721 ESCALLONIA WY SFD $439,000 4 bed 3 bath, 2435 sqft, built 2001

454 BROOKSIDE DRIVE SFD $446405 3 bed 3 bath, 2811 sqft, built 1993

3517 SHADOWTREE LN SFD $549,000 3 bed 3 bath, 3240 sqft, built 2004

10696 PLAYER LN SFD $649,900 3 bed 3 bath, 3342 sqft, built 2005 (Pending)

2766 ALAMO AVE SFD $695,000 4 bed 3 bath, 3600 sqft, built 1996

LOS MOLINOS FORECLOSURES

24890 KELLIE WAY SFD $199,900 3 bed 2 bath, 1252 sqft, built 1968

MAGALIA FORECLOSURES

13996 JARVIS CIR MFD $89,000 3 bed 2 bath, 1536 sqft, built 1976

13721 ENDICOT CIR MFD $129,500 2 beds 2 baths, 1616 sqft, built 1979

13980 CASCADE DR SFD $149,900 3 bed 1.75 bath, 1080 sqft, built 1980

14549 CARNEGIE RD SFD $159,000 3 beds 2 baths, 1486 sqft, built 1992

13695 ANDOVER DR SFD $160,900 3 bed 1 bath, 1564 sqft, built 1982

14569 ASHEVILLE DR SFD $169,900 2 bed 2.25 bath, 1738 sqft, built 1981 (Pending)

6560 HURON CT SFD $209,900 2 bed 2 bath, 1260 sqft, built 1980

14560 CARNEGIE RD SFD $212,900 2 bed 2 bath, 1751 sqft, built 1979

15220 SKYWAY SFD $215,000 3 bed 2 bath, 1696 sqft, built 1979

14569 ASHEVILLE DR SFD $219,900 2 bed 2.25 bath, 1738 sqft, built 1981

14658 BRIDGEPORT CIR SFD $261,250 3 bed 2 bath, 1903 sqft, built 2005

ORLAND FORECLOSURES

801 PECAN ST SFD $145,000, 3 bed 1.5 bath, 1080 sqft, built 1986

1311 FAIRVIEW ST SFD $135,000 3 bed 1 bath, 1000 sqft, built 1993

621 COLUSA ST SFD $136,900 3 bed 1 bath, 1015 sqft, built 1940

802 DATE ST SFD $149,900 3 bed 2 bath, 1080 sqft, 1988

803 PECAN CIR SFD $152,900 3 bed 2 bath, 1080 sqft, built 1986

1309 FAIRVIEW ST SFD $169,000 3 bed 1.5 bath, 1080 sqft, built 1993

802 DATE ST SFD $169,900 3 bed 2 bath, 1080 sqft, built 1988

611 WOODWARD AVE SFD $190,000 3 bed 2 bath, 1402 sqft, built 1948 (Pending)

778 JACQUELYN DRIVE SFD $249,900 3 bed 2.5 bath, 1773 sqft, built 2006

120 THIRD STREET SFD $259,000 3 bed 2 bath, 2063 sqft, built 2005

6202 CO RD 15 SFD $299,900 3 bed 2.5 bath, 2300 sqft, built 1977 (Pending)

6705 CO RD 20 $354,900 4 bed 3 bath, 2114 sqft, built 2005

OROVILLE FORECLOSURES

3320 Columbia Ave SFD $68,432 3 bed 1 bath 680 sqft, built 1949

2364 A STREET SFD $69,900 2 bed 1 bath, 864 sqft, built 1935 (Pending)

881 POMONA Ave SFD $78,900 2 bed 1 bath, 988 sqft, built 1921 (Pending)

4935 LINCOLN BLVD SFD $79,900 3 bed 2 bath, 1152 sqft, built 1981

2765 ORO BANGOR HWY SFD $84,900 3bed, 1bath, 1008 sqft, built in 1987 (Pending)

292 APACHE CIR SFD $91,080 2 bed 2 bath, 1440 sqft, built 1976

29 ROSITA WAY SFD $98,000 3 bed 1 bath, 960 sqft, built 1963 (Pending)

2151 OROVILLE BANGOR Duplex! $99,900 built 1954

1080 TEHAMA AVE SFD $104,900 1 bed 1 bath, 912 sqft, built 1949

118 NELSON AVE SFD $109,990 3 bed 2 bath, 1552 sqft, built1965

2126 GRAY ST SFD $120,900 3 bed 2 bath, 1080 sqft, built 1992

3451 ORO BANGOR HWY SFD $134,900 3 bed 1 bath, 1266 sqft, built 1950

1020 BUTTE AVE SFD $139,900 2 bed 1 bath, 1030 sqft, built 1959

1604 SWEEM ST SFD $149,000 4 bed 2 bath, 1597 sqft, built 1960

1687 LETA LN SFD $152,600 2 bed 2 bath, 1038 sqft, built 1978

220 CANYON DR SFD $149,900 4 bed 2 bath, 1894 sqft, built 1954

18 WESTWOOD WAY SFD $158,900 3 bed 2 bath, 1152 Sqft, built 1979

853 HARLAN AVE SFD $159,900 3 bed 1 bath, 1088 sqft, built 1951

3081 ORANGE AVE SFD $161,000 3 bed 2 bath, 1443 sqft, built in 1954

1445 7TH AVENUE SFD $173,000 2 bed 1 bath, 1228 sqft, built 1925

11 GLEN CIR SFD $178,900 3 bed 2 bath, 1936 sqft, built 1963

37 SELF LN SFD $184,000 2 bed 1 bath, 1240 sqft, built 1982 (Pending)

21 LA CRESENTA DR $189,900 3 bed 2 bath, 1338 sqft, built 1951

3131 TRES VIAS RD $199,900 3 bed 2 bath, 1787 sqft, built 1968

30 RIDGE LINE CT SFD $204,900 2 bed 2 bath, 1381 sqft, built 1990

105 ANTLER DRIVE $221,900 4 bed 2 bath, 1687 sqft, built 2005 (Pending)

17 LA FORET DR SFD $259,900 3bed 3 bath, 2344 sqft, built 1983

3615 HILDALE AVE SFD $277,200 3 bed 2 bath, 1778 sqft, built 1961

2680 HWY 70 SFD $322,900 2 bed 2 bath, 1836 sqft, built 1981

PARADISE FORECLOSURES

6221 CLARK RD SFD $99,900 1 bed 1bath, 1182 sqft, built 1955 (Pending)

1835 DRENDEL CIR SFD $114,900 4 bed 1 bath (Pending)

40 EMERALD OAK DR SFD (Berry Creek) $114,900 2bed 1 bath, 1336 sqft, built 1987

6338 DIAMOND AVE SFD $129,900 2 bed 1 bath, 1147 sqft, built 1949 (Pending)

1537 SYLVAN WAY SFD $130,000 2 bed 1 bath, 1056 sqft, built 1954 (Pending)

5371 SAWMILL RD SFD $139,000 2bed 1 bath, 1014 sqft, built 1950 (Pending)

5757 HOLLY LN SFD $139,900 1bed 1 bath + den, 1080 sqft, built 1948

5571 KEITH LN SFD $135,900 2 bed 1 bath, 904 sqft, built 1940

463 VALLEY VIEW DR SFD $138,000 2 bed 2 bath, 1020 sqft, built 1947 (Pending)

1115 NUNNELEY SFD $140,500 3 bed 2 bath, 1626 sqft, built 1950

1481 MAGGIES LN SFD $144,900 2 bed 1.5 bath, 996 sqft, built 1980

1462 ELLIOTT RD SFD $158,900 2 bed 1 bath, 1064 sqft, built 1954 (Pending)

6893 LUNAR LN SFD $164,900 2 bed 1.5 bath, 988 sqft, built 1970

6104 OLIVER RD SFD $169,900 2 bed 1 bath, 1054 sqft, built 1950 (Pending)

5575 SIERRA PARK DR SFD $190,000 3 bed 2 bath, 1420 sqft, built 1948

5811 PERRY MASON LN SFD $195,000 2 bed 1.5 bath, 1799 sqft, built 1956

616 CIRCLEWOOD DR SFD $209,000 2 bed 2 bath, 1520 sqft, built 1979 (Pending)

481 TIGER TAIL LN SFD $210,000 2 bed 1 bath, 1428 sqft, built 1925

1658 JARAMILLO LN SFD $219,000 2 bed 2 bath, 1530 sqft, built 2006

5892 COPELAND RD SFD $225,000 3bed 2 bath, 1715 sqft, built 1966

1658 JARAMILLO SFD $239,000 2 bed 2 bath, 1530 sqft, built 2006

1752 WHITAKER RD SFD $239,900 3 bed 1.5 bath, 1435 sqft, built 1962 (Pending)

1460 SUMMER LN SFD $258,500 3 bed 2 bath, 1731 sqft, built 1968

1635 ALEXIS LN SFD $262,000 6bed 3 bath, 2977 sqft, built 1981

6165 SAWMILL RD SFD $269,900 4 bed 2 1/2 bath, 1936 sqft, built 1979

1246 ELLIOTT RD SFD $345,000 4 bed 3 bath, 2236 sqft, built 1960

3591 SUNVIEW RD SFD $369,000 3 bed 2.5 bath, 2107 sqft, built 2002

3366 HAMLIN CANYON CT SFD $384,900 4 bed 3 bath, 2548 sqft built 1992 (Pending)

5840 YORKSHIRE DR SFD $589,000 5 bed 3 bath, 2628 sqft, built 1989

WILLOWS FORECLOSURES

319 N SHASTA STREET SFD $85,000 2 bed 1 bath, 703 sqft, built 1950 (Pending)

1052 ELM ST SFD $121,900 2 bed 1 bath, 958 sqft, built 1970

651 GLENNWOOD LN SFD $125,000 3 bed 2 bath, 1354 sqft, built 1979

430 W ASH ST SFD $145,000 3 bed 1 bath, 1535 sqft, built 1910

833 W SYCAMORE ST SFD $149,500 3 bed 1 bath, 1100 sqft, built 1915

695 E WOOD ST SFD $145,000 3 bed 2 bath, 1200 sqft, built 1940 (Pending)

1271 E 9TH STREET SFD $168,500 2 bed 1 bath, 1296 sqft, built in 1943

612 GLENNWOOD LN SFD $174,900 3 bed 2 bath, 1100 sqft, built 1972

517 THIRD STREET SFD $213,000 3 bed 2 bath, 1222 sqft, built 1995

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Do you need more information on any of these properties? Call your local Chico Realtor, Sandi Bauman. 530-864-5407.

MUST HAVE information:

Foreclosures: What you should know BEFORE you make an offer, Part 1

Foreclosures: What you should know BEFORE you make an offer, Part 2

Foreclosures: What you should know BEFORE you make an offer, Part 3

Chico, California Foreclosures and West Nile Virus

Authored by | Discussion: Comments Off on Bank Owned Property (REO) in Butte, Tehama and Glenn Counties

Chico Real Estate Market Report April 18, 2008

April 18th, 2008 categories: Chico CA Real Estate Market Stats, Chico CA Real Estate News

by Mike Wiegert

While the rest of the world continues to shroud itself in a cloak of doom and gloom, our Chico real estate market appears ready, able and willing to go to the 15^th round.

All type of media ranging from the daily newspaper to “expert” fiscal commentaries on various internet news services to regional and local blog sites are all assuming the role of a sort of economic Edgar Allen Poe. I can’t speak for everyone, but I’m not just tired. I’m exhausted, wiped out and drained by all the tales of woe that doomsayers consider newsworthy.

It’s time to stop assuming that just because a home down the street went through a foreclosure that this is the end of Chico real estate as we know it. As pointed out in previous “moments”, foreclosure sales nationwide only amount to seven tenths of one percent of all the households in our country. Due to the reseting of adjustable rate loans and a subsequent inability to pay by the borrowers on these loans, the rate of foreclosures is certain to rise. But with all the government and banking industry sponsored programs to assist these troubled homeowners, any foreclosure rates increases are assured to be negligible.

Let’s look at some hard facts derived from statistical reporting by our Chico Association of Realtors. Historically, the first quarter of every year is a “seasonal” slow quarter as many sellers and buyers anticipate the brisk activity of the spring and summer housing markets. The first quarter of 2006 statistics revealed 178 residential sales in all of the Chico sectors. The average market sold price for these sales was $361,166 giving us a total volume of sales of $64,287,548. The 2006 first quarter is considered to be one of the most active quarters in local real estate history. The first quarter of 2008 showed us 162 residential sales with an average Chico sales price of $336,926. The total volume of sales for this quarter was $54,582,012.

So let’s crunch some numbers and interpret this data. Using these hard numbers, sales in the first quarter of this year lagged fifteen percent behind the first quarter two years ago. When comparing average sales prices of these quarters we see that the average sales price of this year’s quarter is down seven percent from the average sales price of the 2006 first quarter.

Ask ten economists how much prices have dropped and you’ll probably get eleven answers but these local quarterly statistics are as good an indicator of pricing as any.

So it’s time for all you woe-begone town criers to blow your noses, put down your Kleenex’s and stop using sensationally negative national news to harm our virile local economy. For years people have asked me, “Mike, how does your town survive with little or no industry.” My answer, “Inexplicably, it does”. Over thirty years ago when I started in the real estate business the nay-sayers were out there. I was told this town would never survive. But it has and it will continue to not only survive, but thrive. I’ve seen many down cycles locally, but our area like many, always pulls out of it and experiences safe and positive growth.

Before we know it, these problems will be a memory and we will remember just how great it is to live in a place like Chico, CA.

Authored by | Discussion: 3 Comments »

Chico Foreclosures listed on MLS

April 16th, 2008 categories: Chico CA Foreclosure Listings

Updated: 04/16/2008