Shasta County Real Estate Update
Properties, Real Estate News
October 5th, 2009
SHASTA MLS REAL ESTATE UPDATE
Available residential listings: 1,419 (down from 1,451 last week and 1,481 two weeks ago)
Homes in escrow: 506 (down from 533 last week and 524 two weeks ago)
Homes closed escrow so far in October: 20
Homes closed escrow in September: 213
Homes closed escrow in August: 174
Homes closed escrow in July: 181
Homes closed escrow in June: 184
Homes closed escrow in May: 198
Homes closed escrow in April: 142
Homes closed escrow Year to Date: 1,486
HOMEBUYER TAX CREDIT PAYS OFF!
This months Year To Date Closed Sales in the Shasta MLS are showing just how much the $8,000 homebuyer tax credit is helping to stimulate our local real estate market. Look above at the “Homes Closed Escrow” category and notice that September is the first month since we’ve been tracking in April that we’ve closed over 200 homes during the month.
Wanting to utilize the credit yourself? You only have around 15 days left to get an accepted offer on a home and be in escrow to be able to qualify for the $8,000 federal tax credit for new homebuyers! Your escrow needs to BE CLOSED by November 30, 2009 and that includes the 30 – 45 days it will take to get your escrow closed once its in escrow. Don’t know where to start? Contact me today for more information about the program and for assistance with learning how to get preapproved!

