Debbie Morton » Properties http://debbiemorton.com Redding Real Estate Mon, 25 Jan 2010 21:54:46 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Shasta County Real Estate Update http://debbiemorton.com/2010/01/25/shasta-county-real-estate-update-18/ http://debbiemorton.com/2010/01/25/shasta-county-real-estate-update-18/#comments Mon, 25 Jan 2010 21:54:46 +0000 Debbie Morton http://debbiemorton.com/?p=110 Available residential listings: 1,329 (up from 1,301 last week and 1,309 two weeks ago)

Homes in escrow: 388  (up from 401 last week and down from 386 two weeks ago)

 Homes closed escrow so far in January 2010: 88

Homes closed escrow in December: 185

Homes closed escrow in November: 165

Homes closed escrow in October: 188

Homes closed escrow in September: 213

Homes closed escrow in August: 174

Homes closed escrow in July: 181

Homes closed escrow 2010 Year to Date: 88

 

HUD Makes Good Faith Estimates Believable

If you’ll be buying a house this year, you can expect to have a better sense of what your closing costs will be. The Department of Housing and Urban Development has made significant changes to the Good Faith Estimate.

The document used to be a tool lenders would give to borrowers early in the home buying process so they’d know how much house they could afford. But as of this month, it’s now a legally binding agreement.

To read more: Click Here

 

Phil Dynan: Our Feb Guest ArtHop Artist

Join us Feb 13th from 6pm to 9pm at 1647 Court St. for ArtHop. Our guest artist will be Phil Dynan. Phil is a local contemporary artist and author. He recently was the lead artist in an art exhibition at UC Davis International House titled  “ Between Worlds: PTSD and Other Effects of War”. Phil will also be the featured artist of the month for ArtHop. His website is http://www.phildynan.com/

REO/Repo Property Search!

Thinking of buying a REPO?  Click here  to view all homes

 that are owned by the bank and currently listed and

 available through the Shasta MLS Database! 

 Don’t forget to call me if you would like additional information

 about any of these homes or would like to preview some…I’m here to help!

 

If you have any questions or comments, as always, please feel free to contact me and have a great week!

]]> http://debbiemorton.com/2010/01/25/shasta-county-real-estate-update-18/feed/ 0 Shasta County Real Estate Update http://debbiemorton.com/2010/01/13/shasta-county-real-estate-update-16/ http://debbiemorton.com/2010/01/13/shasta-county-real-estate-update-16/#comments Wed, 13 Jan 2010 18:03:06 +0000 Debbie Morton http://debbiemorton.com/?p=106 Available residential listings: 1,309 (slightly up from 1,302 last week and down 1,325 two weeks ago)

Homes in escrow: 386  (down from 404 last week and down from 414 two weeks ago)

 Homes closed escrow in January 2010: 27

Homes closed escrow in December: 185

Homes closed escrow in November: 165

Homes closed escrow in October: 188

Homes closed escrow in September: 213

Homes closed escrow in August: 174

Homes closed escrow in July: 181

Homes closed escrow 2010 Year to Date: 27

 

A Decade of Dramatic Developments
Real estate search trends, technology, even home buyers have all evolved over the past 10 years. Here’s a look back at the first decade of the 21st Century.
Read more >
 

Sellers Should List Homes Early
The April 30 tax credit deadline for buyers means 2010 sales are likely to peak sooner than usual.
Read more >

 

REO/Repo Property Search!

Thinking of buying a REPO?  Click here  to view all homes that are owned by the bank and currently listed and available through the Shasta MLS Database!  Don’t forget to call me if you would like additional information about any of these homes or would like to preview some…I’m here to help!

 

If you have any questions or comments, as always, please feel free to contact me and have a great week!

]]> http://debbiemorton.com/2010/01/13/shasta-county-real-estate-update-16/feed/ 0 Shasta County Real Estate Update http://debbiemorton.com/2010/01/04/shasta-county-real-estate-update-15/ http://debbiemorton.com/2010/01/04/shasta-county-real-estate-update-15/#comments Mon, 04 Jan 2010 18:00:35 +0000 Debbie Morton http://debbiemorton.com/?p=104 SHASTA MLS REAL ESTATE UPDATE

 Available residential listings: 1,302 (down from 1,325 last week and 1,339 two weeks ago)

Homes in escrow: 386  (down from 404 last week and down from 414 two weeks ago)

 Homes closed escrow in December: 185

Homes closed escrow in November: 165

Homes closed escrow in October: 188

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: 2047

 Happy New Year

Do you think 2010 will be better than 2009? Most surveys I have seen have discovered an overwhelming positive attitude across the country. In an ongoing MSNBC poll over 71% responded yes. Of course time will tell. Most of the people I have asked locally have also been overwhelming positive. Contact me ..I’d love to know your thoughts and be able to share mine with you.

 Home Prices Return to 2002 Pricing

With the normal variance in pricing that goes along with where a property is physically located, overall the “bubble” has really only popped back to 2002 prices. Most homes, when 2009 is compared with 2002 sales prices, actually show near the same value or even slightly above. The stats above show a low point so far in active listings. This means that with less competition out there that if you are considering selling your home, this may be close to the best time. If you are considering buying property we seem to be moving along the bottom in many price brackets. Contact me for more information.

 Remember to contact me (or have your friends and family contact me) with all of your real estate needs!  As a REALTOR® I am committed to providing you excellent service!

 

REO/Repo Property Search!

Thinking of buying a REPO?  Click here  to view all homes that are owned by the bank and currently listed and available through the Shasta MLS Database!  Don’t forget to call me if you would like additional information about any of these homes or would like to preview some…I’m here to help!

 If you have any questions or comments, as always, please feel free to contact me and have a great week!

]]> http://debbiemorton.com/2010/01/04/shasta-county-real-estate-update-15/feed/ 0 Shasta County Real Estate Update http://debbiemorton.com/2009/12/29/shasta-county-real-estate-update-14/ http://debbiemorton.com/2009/12/29/shasta-county-real-estate-update-14/#comments Tue, 29 Dec 2009 19:02:49 +0000 Debbie Morton http://debbiemorton.com/?p=102 SHASTA MLS REAL ESTATE UPDATE

 Available residential listings: 1,325 (down from 1,339 last week and 1,352 two weeks ago)

Homes in escrow: 404  (down from 414 last week and down from 429 two weeks ago)

 Homes closed escrow so far in December: 149

Homes closed escrow in November: 165

Homes closed escrow in October: 188

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: 2011

Mortgages Becoming Easier to Obtain
While lending remains tight in troubled markets, banks are starting to relax standards for borrowers with good credit in recovering areas of the country.
Read more >

 Home Sales Surge in Markets across the Country

November 2009 was a positive month for the real estate industry as home sales surged in a majority of markets across the country. Spurred by low prices and the extended and expanded home buyer tax credit, home sales were up in Las Vegas, Nevada; Ohio, the Midwest; and upstate New York, according to reports late last week.

Read more

 Remember to contact me (or have your friends and family contact me) with all of your real estate needs!  As a REALTOR® I am committed to providing you excellent service!

 REO/Repo Property Search!

Thinking of buying a REPO?  Click here  to view all homes that are owned by the bank and currently listed and available through the Shasta MLS Database!  Don’t forget to call me if you would like additional information about any of these homes or would like to preview some…I’m here to help!

 If you have any questions or comments, as always, please feel free to contact me and have a great week!

]]> http://debbiemorton.com/2009/12/29/shasta-county-real-estate-update-14/feed/ 1 Shasta County Real Estate Update http://debbiemorton.com/2009/12/21/shasta-county-real-estate-update-13/ http://debbiemorton.com/2009/12/21/shasta-county-real-estate-update-13/#comments Mon, 21 Dec 2009 17:52:58 +0000 Debbie Morton http://debbiemorton.com/?p=100 SHASTA MLS REAL ESTATE UPDATE

 

Available residential listings: 1,339 (down from 1,352 last week and 1,369 two weeks ago)

Homes in escrow: 414  (down from 429 last week and down from 447 two weeks ago)

 

Homes closed escrow so far in December: 118

Homes closed escrow in November: 165

Homes closed escrow in October: 188

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: 1979

 

C.A.R. requests FHA rule be reexamined 


Letter to FHA Commissioner requests agency reexamine the FHA 90-day anti-flipping rule. MORE

 

Proposed changes to FHA
HUD considering higher credit score requirements, more up-front cash, and higher insurance premiums. MORE >

 

 

Remember to contact me (or have your friends and family contact me) with all of your real estate needs!  As a REALTOR® I am committed to providing you excellent service!

 

REO/Repo Property Search!

Thinking of buying a REPO?  Click here  to view all homes that are owned by the bank and currently listed and available through the Shasta MLS Database!  Don’t forget to call me if you would like additional information about any of these homes or would like to preview some…I’m here to help!

 

If you have any questions or comments, as always, please feel free to contact me and have a great week!

]]> http://debbiemorton.com/2009/12/21/shasta-county-real-estate-update-13/feed/ 0 Shasta County Real Estate Update http://debbiemorton.com/2009/12/14/shasta-county-real-estate-update-12/ http://debbiemorton.com/2009/12/14/shasta-county-real-estate-update-12/#comments Mon, 14 Dec 2009 17:49:51 +0000 Debbie Morton http://debbiemorton.com/?p=98  

SHASTA MLS REAL ESTATE UPDATE

 

Available residential listings: 1,352 (down from 1,369 last week and 1,398 two weeks ago)

Homes in escrow: 429  (down from 447 last week and down from 465 two weeks ago)

 

Homes closed escrow so far in December: 78

Homes closed escrow in November: 165

Homes closed escrow in October: 188

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: 1937

 

Less competition in the market over holidays
Recent good news about the housing market has many home buyers wondering whether now is a good time to buy.  For example, home sales activity increased 9.4 percent nationally in September, a 26 percent increase from a low point in January, according to the NATIONAL ASSOCIATION OF REALTORS®.  To read the full story, please click here.

IRS to outline changes in the home buyer tax credit program
If you’re thinking about applying for the new $6,500 home buyer federal tax credit or the extended $8,000 version, the Internal Revenue Service has just issued its first formal guidelines for you.   To read the full story, please click here.

 

Remember to contact me (or have your friends and family contact me) with all of your real estate needs!  As a REALTOR® I am committed to providing you excellent service!

 

REO/Repo Property Search!

Thinking of buying a REPO?  Click here  to view all homes that are owned by the bank and currently listed and available through the Shasta MLS Database!  Don’t forget to call me if you would like additional information about any of these homes or would like to preview some…I’m here to help!

 

If you have any questions or comments, as always, please feel free to contact me and have a great week!

]]> http://debbiemorton.com/2009/12/14/shasta-county-real-estate-update-12/feed/ 0 Shasta County Real Estate Update http://debbiemorton.com/2009/12/08/shasta-county-real-estate-update-11/ http://debbiemorton.com/2009/12/08/shasta-county-real-estate-update-11/#comments Tue, 08 Dec 2009 16:16:42 +0000 Debbie Morton http://debbiemorton.com/?p=96 SHASTA MLS REAL ESTATE UPDATE

Available residential listings: 1,369 (down from 1,398 last week and 1,402 two weeks ago)

Homes in escrow: 447  (down from 465 last week and down from 450 two weeks ago)

Homes closed escrow so far in December: 26

Homes closed escrow in November: 165

Homes closed escrow in October: 188

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: 1857

Fannie Mae Announces Deed-For-Lease Program

On November 5, 2009, Fannie Mae announced its new Deed-for-Lease Program (D4L) that allows eligible borrowers facing foreclosure (or their tenants) to stay in their primary residences. Under D4L, the borrower transfers ownership of the property to the lender through a deed-in-lieu of foreclosure and the borrower (or the tenant) signs a lease for up to 12 months. The program is designed for borrowers who do not qualify for other workout solutions, including modifications, or who do not meet their obligations under the modification. Read the details on Fannie Mae’s website.

REO/Repo Property Search!

Thinking of buying a REPO?  Click here to view all homes that are owned by the bank and currently listed and available through the Shasta MLS Database!  Don’t forget to call me if you would like additional information about any of these homes or would like to preview some…I’m here to help!

]]> http://debbiemorton.com/2009/12/08/shasta-county-real-estate-update-11/feed/ 1 Shasta County Real Estate Update http://debbiemorton.com/2009/12/04/shasta-county-real-estate-update-10/ http://debbiemorton.com/2009/12/04/shasta-county-real-estate-update-10/#comments Fri, 04 Dec 2009 18:00:10 +0000 Debbie Morton http://debbiemorton.com/?p=93 SHASTA MLS REAL ESTATE UPDATE

 

Available residential listings: 1,398 (down from 1,402 last week and 1,413 two weeks ago)

Homes in escrow: 447  (down from 465 last week and down from 450 two weeks ago)

 

Homes closed escrow so far in November: 145

Homes closed escrow  in October: 188

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: 1837

 

 

DON’T WAIT UNTIL AFTER THE HOLIDAYS TO LIST YOUR HOUSE

 

Here’s some reasons why..

 

1. There is a higher percentage of serious buyers. Many need to find a home before the end of the year.

2. Less competition for your home. Residential housing inventory historically decreases during the holidays and rises after New Years.

3. Your home presents better and is more welcoming to buyers because of Holiday decorating, cooking, etc.

4. Your home will have a marketing head start. Buyers and agents become familiar about your home early, before the New Year’s increase in inventory.

 

 

REO/Repo Property Search!

Thinking of buying a REPO?  Click here  to view all homes that are owned by the bank and currently listed and available through the Shasta MLS Database!  Don’t forget to call me if you would like additional information about any of these homes or would like to preview some…I’m here to help!

]]> http://debbiemorton.com/2009/12/04/shasta-county-real-estate-update-10/feed/ 0 Shasta County Real Estate Update http://debbiemorton.com/2009/11/23/shasta-county-real-estate-update-9/ http://debbiemorton.com/2009/11/23/shasta-county-real-estate-update-9/#comments Mon, 23 Nov 2009 23:14:58 +0000 Debbie Morton http://debbiemorton.com/?p=90 SHASTA MLS REAL ESTATE UPDATE

Available residential listings: 1,402 (down from 1,413 last week and 1,422 two weeks ago)

Homes in escrow: 465  (up from 450 last week and down from 467 two weeks ago)

Homes closed escrow so far in November: 100

Homes closed escrow  in October: 188

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: 1790

DON’T WAIT UNTIL AFTER THE HOLIDAYS TO LIST YOUR HOUSE

Here’s some reasons why..

1. There is a higher percentage of serious buyers. Many need to find a home before the end of the year.

2. Less competition for your home. Residential housing inventory historically decreases during the holidays and rises after New Years.

3. Your home presents better and is more welcoming to buyers because of Holiday decorating, cooking, etc.

4. Your home will have a marketing head start. Buyers and agents become familiar about your home early, before the New Year’s increase in inventory.

REO/Repo Property Search!

Thinking of buying a REPO?  Click here to view all homes that are owned by the bank and currently listed and available through the Shasta MLS Database!  Don’t forget to call me if you would like additional information about any of these homes or would like to preview some…I’m here to help!

If you have any questions or comments, as always, please feel free to contact me and have a great week!

]]> http://debbiemorton.com/2009/11/23/shasta-county-real-estate-update-9/feed/ 0 Shasta County Real Estate Update http://debbiemorton.com/2009/11/18/shasta-county-real-estate-update-8/ http://debbiemorton.com/2009/11/18/shasta-county-real-estate-update-8/#comments Wed, 18 Nov 2009 16:29:54 +0000 Debbie Morton http://debbiemorton.com/?p=87 SHASTA MLS REAL ESTATE UPDATE

Available residential listings: 1,413 (down from 1,422 last week and 1,426 two weeks ago)

Homes in escrow: 450  (down from 467 last week and from 491 two weeks ago)

Homes closed escrow so far in November: 74

Homes closed escrow  in October: 188

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: 1764

Should I wait until after the holidays to list my house? No ..here’s some reasons why..

1. Buyers tend to be more serious during the holiday season. Many seeking tax advantage before end of year.

2. Less competition. Many sellers wait until 1st of new year.

3. Homes usually present better and are more welcoming to buyers because of Holiday decorating, cooking, etc.

4. Interest rates low …. may rise after first of January 5. Competition increases after January 1st. Many sellers erroneously believe they need to wait until the new year to sell. Inventory of homes increase 6. You get a marketing head start. Buyers and agents become familiar about your home early, before the new year.

REO/Repo Property Search!

Thinking of buying a REPO?  Click here to view all homes that are owned by the bank and currently listed and available through the Shasta MLS Database!  Don’t forget to call me if you would like additional information about any of these homes or would like to preview some…I’m here to help!

If you have any questions or comments, as always, please feel free to contact me and have a great week!

]]> http://debbiemorton.com/2009/11/18/shasta-county-real-estate-update-8/feed/ 0