Redding's Ups and Downs

This is another web site I learned about at our Real Living seminar in Florida. This is an outstanding free program from NeedToMeet.com that allows you to schedule meetings in just a few clicks.

Find a time without the hassle.

See everyone’s availability at a glance. No more emailing back and forth or playing phone tag.

A simple no-fuss way to find a time for your event.

Nothing to download, no registration, and best of all, it's free!

Log into http://www.needtomeet.com

Read the directions, copy and paste the URL to send out to you attendees so they can indicate their availability.

Voila!!

· When attending a Real Living Real Estate convention in Jacksonville, Florida last week, I learned about several great web sites to share with our readers. Today, I’ll talk about http://www,docstoc.com. You can generate extra cash by uploading your documents to sell on Docstoc.

· But more importantly, you can buy all sorts of documents other people have uploaded. The cost is very minimal.

· You’ll find documents, templates, forms, Ebooks and so much more! Documents such as contractor agreement, employee cell phone policy, termination of lease, power of attorney, speeches, and thousands more. Definitely worth taking a quick look.

Now that the tax credits for first time home buyers have expired, there is much speculation on how that will affect the real estate market. The fact is, it is still a buyer’s market and mortgage rates are very low.

Also, there are tons of affordable houses on the market. And home buyers don’t have to look at just short sales to get a fair deal. But new home buyers do need to work with an agent that knows the local market to ensure a successful and fair home purchase.

The number of homeowners leaving their homes and walking away from their mortgages is on the rise. With home prices continuing to fall, these people believe it’s their best option. Many are finding the banks are not willing to renegotiate their mortgage, but they continue to loan money for home loans

So I do understand why there is such an increase. My only recommendation is if you want to keep your home, continuing looking for refinancing options.  Laws are changing constantly so continue your research to find out what is available.

Shasta County
Residential Sales Trends April 2010
Price	Sold 4/10	April sold avg DOM	Active Listings 5/10	Active Listings DOM		# Sold 4/09-4/10	4/09 - 4/10 Avg DOM		4/09 - 4/10 Withdrawn/expired	# Months Inventory	% sold 4/10	% sold Previous 12 Months
0 - $150,000	62	104	212	133		720		113	462	3.4	36.9%	31.4%
$150,001-$200,000	45	151	230	143		553		129	474	5.1	26.8%	24.1%
$200,001-$250,000	17	124	204	136		379		134	453	12.0	10.1%	16.6%
$250,001-$300,000	19	155	167	161		252		150	426	8.8	11.3%	11.0%
$300,001-$350,000	8	173	114	162		143		149	226	14.3	4.8%	6.2%
$350,001-$400,000	4	163	83	161		106		166	213	20.8	2.4%	4.6%
$400,001-$450,000	2	181	55	131		44		166	106	27.5	1.2%	1.9%
$450,001-$500,000	2	95	43	155		23		144	115	21.5	1.2%	1.0%
$500,001-$550,000	1	108	24	189		16		206	73	24.0	0.6%	0.7%
$550,001-$600,000	3	263	35	226		21		218	80	11.7	1.8%	0.9%
$600,001-$650,000	0	n/a	15	210		3		106	28	n/a	0.0%	0.1%
$650,001-$700,000	0	n/a	18	270		6		228	35	n/a	0.0%	0.3%
$700,001-$750,000	2	183	10	277		5		171	21	5.0	1.2%	0.2%
$750,001-$800,000	1	52	8	197		7		195	35	8.0	0.6%	0.3%
$800,001-$850,000	0	n/a	4	103		2		385	8	n/a	0.0%	0.1%
$850,001-$900,000	2	94	6	140		4		90	16	3.0	1.2%	0.2%
$900,001-$1,000,000	0	n/a	12	133		1		98	29	n/a	0.0%	0.0%
>$1,000,000	0	n/a	36	243		5		224	69	n/a	0.0%	0.2%
	168	158	1276	176		2290		171	2869	7.6	100%	100%
		Information is deemed to be reliable, but is not guaranteed. © 2010 MLS and FBS.
Residential Sales Trends April 2010
Sales Price	Average Original List Price		Average Final List Price			Average Sold Price			Average Square Foot		Average Cost per Square Foot
0 - $150,000	$127,000		$112,517			$107,513			1,192		$90
$150,001-$200,000	$200,912		$184,320			$176,575			1,526		$116
$200,001-$250,000	$250,743		$231,343			$221,247			1,730		$128
$250,001-$300,000	$303,979		$283,718			$270,605			2,032		$133
$300,001-$350,000	$341,185		$334,240			$323,920			1,970		$164
$350,001-$400,000	$404,300		$387,319			$375,200			2,247		$167
$400,001-$450,000	$475,000		$435,000			$415,000			2,600		$160
$450,001-$500,000	$556,500		$521,167			$470,667			2,772		$170
$500,001-$550,000	$549,000		$549,000			$525,000			4,100		$128
$550,001-$600,000	$599,000		$599,000			$594,000			3,323		$179
$600,001-$650,000	$800,000		$749,000			$650,000			3,617		$180
$650,001-$700,000	$749,900		$749,900			$675,000			3,703		$182
$700,001-$750,000	$0		$0			$0			0		n/a
$750,001-$800,000	$898,000		$869,000			$765,000			3,650		$210
$800,001-$850,000	$799,900		$799,900			$805,000			4,190		$192
$850,001-$900,000	$855,000		$855,000			$855,000			4,764		$179
$900,001-$1,000,000	$0		$0			$0			0		n/a
>$1,000,000	$0		$0			$0			0		n/a
			Information is deemed to be reliable, but is not guaranteed. © 2010 MLS and FBS.