Monday, December 31, 2012

Happy New Year!

            

Amazing River, Mt. Shasta & Lassen Range Views! This newly remodeled Tuscany Style home is truly a rare find! Incredible hardwood floors are found in the gourmet granite kitchen & through out the dining areas. Romantic master suite offers a beautiful granite & tile bath along w/a veranda to take in the views! Area offers Boat Launch, Pool, 3000' Private Airport, Equestrienne, 108 Acre Lake

Click Here for a Video of Today's Featured Home

Let's take a look at that for a moment...3000' Private Airport... Private airport...PRIVATE Airport.. So I was thinking  "How can you have a private Airport of your own?" - then I looked closer and it is a gated community featuring a Private Airport - which is still pretty darned good - actually Amazing - but for a moment in my blondness I was thinking -"Where is there room in this house for an Airport? - Is it over the garage? - not mentioning... how in the heck are you going to deal with all those International Travelers coming through your home! And if it's Private, Why do you need an air"port"? Okay, I admit I was really perplexed. Now the agent is going to call me and I'm going to have to tell her how blond I am, because I called her to figure it out.

For the next few weeks, I will be featuring Italian inspired homes in our area - "Why are you doing that?", you may be wondering... Well, it's because - drum roll please....I'm Going to Italy!!!!!! Life is good and I am truly blessed because my oldest daughter loves me and misses me and sent me tickets to visit her in Rome!
On January 15th, I will be flying to Los Angeles, catching a flight to Paris, looking briefly around the airport in Paris and then hopping a plane to Rome - or as they say in Italy, Roma. So far, I have scoped out a few things on my list of must see's and working on learning a few needed Italian phrases. Evidently, according to my daughter, the way Americans pronounce certain phrases are incorrect and she is helping me to learn the correct way. I always (when pretending to be Italian) would say GRAT-ZEE, This I have learned is wrong... She says it Grat-Zee-A (long A sound). I'm pretty jazzed to go and see all the sights there including all the Piazza's and the churches. I'm pretty much a people watcher so I will be doing a lot of that. I'm bringing my computer so I will be able to blog from there. It's my dream to be a travel writer so we'll see how good at that I really am. I probably should stick to what I know though - Real Estate - and just have fun.

I have been extremely remiss in my blogging here, but the holidays always take so much time and there is so much to do.Wah Wah. There, that's my lame excuse. 

What's going on in Redding Real Estate - because really that's why you're here right? - Alrighty then. The market inventory is Awful! - We need more listings! You have to call me and list your house! - There are only 658 Residential listings currently available in Shasta MLS. 257 of those are in Redding. 
Since my last post, there have been 287 new listings, 298 Closed and 347 Pending. As you can tell, the 257 current listings are not going to last long at this rate. (Only residential listings included in these numbers).
Prices are going up as you can see on the chart below.


Time
Period
Area
Average
Sale Price
Average
Price/SF
Price/SF
0 – 10 Yrs
Price/SF
10 – 30 Yrs
Price/SF
30+ Yrs
Q3 2011
Redding
195,797
107.01
128.68
115.07
87.89
Q4 2011
Redding
181,025
103.01
123.41
111.69
86.14
Q1 2012
Redding
191,593
104.80
137.12
108.37
86.49
Q2 2012
Redding
195,276
109.34
133.17
117.09
89.52
Q3 2012
Redding
205,356
113.74
133.47
121.67
95.86
Oct-Nov 12
Redding
224,047
118.23
141.51
126.83
97.33


Here's one of those nifty little charts I get from Bob Sprenkel, an appraiser here in town.

Have a Happy New Year - be safe - don't drink too much and remember Designate a Driver if you are going out.