Shasta County Real Estate Update
Properties, Real Estate News
October 27th, 2009
SHASTA MLS REAL ESTATE UPDATE
Available residential listings: 1,427 (up from 1,407 last week and 1,408 two weeks ago)
Homes in escrow: 515 (down from 523 last week and up from 506 two weeks ago)
Homes closed escrow so far in October: 140
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: 1,615
HOMEBUYER TAX CREDIT UPDATE!
Did you know that if you have co-borrowers for a property that one person can still get the credit even if a co-borrower may not qualify because they own another residence?
Contact me today for more detailed information on the program. Time is almost out 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.
CAR Urges Senate To Extend Tax Credit!
So, what if you won’t be able to close before that deadline? The California Association of Realtors (C.A.R.) yesterday called for the U.S. Senate to swiftly adopt the Dodd-Lieberman-Isakson amendment, which would extend and amplify the hugely successful first-time home buyer tax credit until June 30, 2010. To read an entire article about this proposal and see how this may affect you Click Here!
