Shasta County Real Estate Update
Properties, Real Estate News
October 12th, 2009
SHASTA MLS REAL ESTATE UPDATE
Available residential listings: 1,408 (down from 1,419 last week and 1,451 two weeks ago)
Homes in escrow: 506 (exactly the same as last week and down from 533 two weeks ago)
Homes closed escrow so far in October: 59
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: 1,530
I’ve also attached the September 2009 trending report straight from the Shasta Association of Realtors MLS database and Real Estate Professionals GMAC.
HOMEBUYER TAX CREDIT UPDATE!
You only have around 10 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!
Banks Step Up to Help Habitat For Humanity
Habitat for Humanity Greater San Francisco said Thursday that three banks had stepped up to help fund its plans to acquire and renovate foreclosed homes for use as low-income housing. ”We’re trying to make lemonade out of lemons here,” said Phillip Kilbridge, executive director of the Habitat chapter, which covers the Peninsula, San Francisco and Marin County. “While this crisis exists and there are neglected homes in existing neighborhoods that are selling for prices we can acquire and rehabilitate, we think this is a right and appropriate program for us.” Not only is the program valuable for Habitat for Humanity, neighbors will not see their property values continue to decline for REPO’s in their area! Click Here to read the entire article.
