Time Flies When You're a Grandma!

Pretty much lately this is how my day goes. Wake up, have coffee (because really, who can function without coffee? - not me), Go to work, work like a fiend, go home, eat, pass out. Wake up and do it all over again. Except on Sundays. Sundays are the best. Grandbaby days. I live for Sundays. - I could bore you all endlessly with the details of how the little tyke is doing but that would probably be too long for me and too agonizing for you. So, we'll just suffice with one little pic and move on to Real Estate.

This is us watching ourselves.

For the first time in many years Real Estate seemed to come back to life last year. Multiple offers, rising home prices, many many homeowners back in an equity position. YAY! To me it seemed like some were thinking the housing bubble had reared its ugly head again. Nay-sayers warning of crashing prices doom and gloom.  Where do these people come from? It's like they are afraid to be happy. What we really experienced was a return to Normal. Normal. - What does it cost to build a house? It costs about $135-$150 per square foot to build a house. - just a regular house - not a mansion mind you - those cost more. But a regular, average joe house costs about $135-$150 to build. If you find a 1400 sq ft house and it costs $180K that equates to $128 a square foot. I personally think anytime you can buy something for less than it cost to make it its a good deal. - Now, does that help our economy in the long run, are you smelling a housing bubble? I think not.

 The following chart is courtesy of Bob Sprenkel - a local Redding area appraiser

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
Q4 2012	Redding	216,633	117.46	139.57	124.12	97.17
Q1 2013	Redding	214,550	119.08	143.65	124.53	97.62
Q2 2013	Redding	231,254	129.42	148.05	138.54	109.87
Q3 2013	Redding	236,121	132.74	148.63	143.10	113.03
Q4 2013	Redding	228,028	133.07	156.43	142.80	114.02
Jan 2014	Redding	237,506	136.53	155.37	149.94	116.50

Reminder: These averages are for Redding only per Shasta MLS data. When you get outside of Redding, the averages are generally lower.

The easing in the Redding market the past two months can be seen in the following statistics per Shasta MLS:

(The search criterion was for houses in Redding between 1500 -2000 SF.)

12/01/2013 – 01/31/2014

• Average sale price $226,014
• Average cost/SF $130.02

06/01/2013 – 11/30/2013

• Average sale price $234,869
• Average cost/SF $135.71

Check out the numbers - What do you think? Ok - Stats for today---859 total residential listings in Shasta MLS - 361 of those in Redding. 210 Pending sales (Redding only) and 5 under 100K, 49 under 150K, The rest are 200K up.

Don't miss this!                      My newest listing...

Click here for details

Is Summer Really Almost Over?

I'll bet you've been wondering where I went - havent you? I have been working my bumm off! So, you know when you go on vacation and everything piles up while your gone and then you come back all nice and refreshed and ready to go - sometimes the universe is with you on this. The Universe has definitely been on my side keeping me busy - but not only that, a ton of really fun things are going on in my life right now.  Some are Real Estate related and some are personal.

I AM A GRANDMA! 

Yup, Baby Girl made me a Grandma.  Of course, I have the most beautiful 3 week old Grandson on the planet - How could he be anything but beautiful?

His Momma is Gorgeous!

Yup. It's absolutely the coolest thing to ever happen to me. If or when your a grandparent - you'll get it.

You could say, I've been a little pre-occupied.

Add to that, I have a new computer. It's a Mac. I've been getting used to the new keyboard. It really is hard to get used to a different feeling. Also, I'm having some issues uploading Pics and Videos of listings onto the blog here. Sorry. I'll get it worked out but not in time for this post.

Real Estate is Hopping! - Inventory levels are up but we are still a little short. Shasta County MLS has been averaging around 200 sales per month. We currently have 844 Active listings in Shasta County. That's up considerably from the last blog post but at our average rate - its only around a 4 month supply and an average healthy market has a six-month supply.  The real interesting thing is that in Redding we have 316 Active listings, only 12 are priced under 100K. - 29 are between 100-150K and 78 are from 150-200K. Prices are going up - a lot. Some sellers, as usual, are pricing their properties a little on the optimistic side I think, but homes priced right, SELL.

Well, I'm going to figure out what's wrong with my uploads and get back to you later. Have a fantastic day!

Call me  or email me for more information about the Redding Real Estate Market or for a Personal Real Estate Consultation.

Getting Back To Work!

Awesome Featured Listing Today!







This is a beautiful home set in the hills of Ranchland Acres. Breathtaking views from every room.....Lassen during the day & city lights at night. This house is set up for the whole family to enjoy downstairs or upstairs in the bonus room on game night. Entertainers dream kitchen w/granite countertops, custom cabinetry, open floor plan to family room & outdoor patio/pool area. Gated entry for privacy, 4386 Square Feet with 4 bedrooms and 4 full bathrooms.

Okay, so I toured this house the other day and I can tell you this house is Gorgeous! The views really are incredible and the pictures cant begin to accurately portray them! The smell of the Jasmine when you get out of the car and walk to the front door is intoxicating. I loved it!. The kitchen is a gourmet cooks delight, storage everywhere! - I wanted to start cooking and note - and I hate to cook.

Well, Real Estate in Redding has truly picked up a full head of steam. It's crazy busy out there as you may have guessed. Several flattering pieces have appeared on the Redding.com site about Real Estate and it turns out that Redding, CA has one the the largest shares of new home housing starts in the state! 

Also, in the news lately was that Real Estate Agents have one of the most satisfying jobs and are happier than other professions! I like that - I think its true.. I am very happy.

604 Active Single Family homes today on Shasta MLS and 240 of them in Redding.

Here's a cute little house I listed - got it into contract in 4 days! Didn't even have time to blog about it! Sorry!


                                              

Well alrighty, Have a great day!  In case your wondering... Rome pages coming soon. (still under construction)