Chico Foreclosures for the week of Tuesday January 27, 2009

Currently there are 22 active foreclosures on the Chico MLS. Chico Real estate is very dynamic. It is not uncommon for properties to enter and exit the market in a day or two.

Want the best value in Chico????? To recieve daily updates on Chico foreclosures, call me at 530-809-3754.
Or view all Chico Foreclosures with their pictures online at www.matthewherman.com

Asking	Address	Beds	Bath	Year Built	Sq Feet
$110,000	458 NORD AVENUE	2	1	1983	864
$119,900	476 EAST AVE	3	1.5	1955	1777
$132,900	2159 ELM ST	4	2	2003	1344
$144,500	1367 E 10TH STREET	3	1	1935	1120
$154,900	2226 CEANOTHUS AVE	2	1	1948	736
$159,900	982 JENOOKE LN	2	1	1983	936
$169,900	188 CONNORS AVE	3	1	1949	1366
$176,900	120 W SACRAMENTO AVE	2	1	1928	988
$179,900	2099 HARTFORD DR	3	2	2005	1375
$192,900	43 SKYWALKER COURT	3	2	2005	1181
$195,000	1005 POMONA AVE	2	1	1923	805
$225,000	11103 LONE PINE AVE	3	2	1963	1730
$239,900	1183 E 5TH AVENUE	3	2	1964	1720
$244,900	583 EATON RD	4	3	2007	1647
$245,000	897 LINDO LN	5	3	1951	1846
$254,900	1386 WANDERER WAY	4	2	2007	1603
$269,900	708 BRADFORD CT	3	2	1987	1806
$270,000	5434 HEADWATERS RD	3	2	2003	1614
$279,000	249 W LINDO AVE	3	3	1978	2116
$286,200	920 W 8TH AVENUE	3	2.5	1910	1820
$304,200	123 MANDALAY CT	3	2	2003	1860
$504,900	4659 GARDEN BROOK DR	4	3	1990	4095

-=-=-=-=-=-=-=-=-=-
Matthew Herman
Keller Williams Realty
530-809-3754 (Office)
530-808-3755 (Fax)
530-518-0974 (Cell)

matt@MatthewHerman.com

Dont forget to check out all of Chicos listings at www.matthewherman.com

Other Helpful Resources
www.matthewherman.com
www.chiconeighborhoods.com -- Helpful information about Chico���s neighborhoods
chicohomes.blogspot.com -- Chico's Real Estate Blog

Chico Foreclosures for the week of Tuesday January 20, 2009

Currently there are 20 active foreclosures on the Chico MLS. Chico Real estate is very dynamic. It is not uncommon for properties to enter and exit the market in a day or two.

Want the best value in Chico????? To recieve daily updates on Chico foreclosures, call me at 530-809-3754.
Or view all Chico Foreclosures with their pictures online at www.matthewherman.com

Asking	Address	Beds	Bath	Year Built	Sq Feet
$110,000	458 NORD AVENUE	2	1	1983	864
$119,900	476 EAST AVE	3	1.5	1955	1777
$144,500	1367 E 10TH STREET	3	1	1935	1120
$159,900	982 JENOOKE LN	2	1	1983	936
$169,900	188 CONNORS AVE	3	1	1949	1366
$169,900	2226 CEANOTHUS AVE	2	1	1948	736
$179,900	2099 HARTFORD DR	3	2	2005	1375
$198,900	43 SKYWALKER COURT	3	2	2005	1181
$239,900	1183 E 5TH AVENUE	3	2	1964	1720
$244,900	583 EATON RD	4	3	2007	1647
$254,900	1386 WANDERER WAY	4	2	2007	1603
$259,900	3299 ROCKIN M DRIVE	3	2	2007	1728
$269,900	708 BRADFORD CT	3	2	1987	1806
$270,000	5434 HEADWATERS RD	3	2	2003	1614
$279,000	249 W LINDO AVE	3	3	1978	2116
$280,000	11103 LONE PINE AVE	3	2	1963	1730
$280,000	3457 BELL RD	3	2.75	1969	2109
$286,200	920 W 8TH AVENUE	3	2.5	1910	1820
$304,200	123 MANDALAY CT	3	2	2003	1860
$329,900	3 GRIFFITH PARK LANE	3	2.5	1998	2250

-=-=-=-=-=-=-=-=-=-
Matthew Herman
Keller Williams Realty
530-809-3754 (Office)
530-808-3755 (Fax)
530-518-0974 (Cell)

matt@MatthewHerman.com

Dont forget to check out all of Chicos listings at www.matthewherman.com

Other Helpful Resources
www.matthewherman.com
www.chiconeighborhoods.com -- Helpful information about Chico���s neighborhoods
chicohomes.blogspot.com -- Chico's Real Estate Blog

Chico Foreclosures for the week of Sunday January 18, 2009

Currently there are 21 active foreclosures on the Chico MLS. Chico Real estate is very dynamic. It is not uncommon for properties to enter and exit the market in a day or two.

Want the best value in Chico????? To recieve daily updates on Chico foreclosures, call me at 530-809-3754.
Or view all Chico Foreclosures with their pictures online at www.matthewherman.com

Asking	Address	Beds	Bath	Year Built	Sq Feet
$110,000	458 NORD AVENUE	2	1	1983	864
$119,900	476 EAST AVE	3	1.5	1955	1777
$144,500	1367 E 10TH STREET	3	1	1935	1120
$159,900	982 JENOOKE LN	2	1	1983	936
$169,900	188 CONNORS AVE	3	1	1949	1366
$169,900	2226 CEANOTHUS AVE	2	1	1948	736
$179,900	2099 HARTFORD DR	3	2	2005	1375
$198,900	43 SKYWALKER COURT	3	2	2005	1181
$227,900	3345 WEDGEWOOD LN	3	2	1999	1179
$239,900	1183 E 5TH AVENUE	3	2	1964	1720
$244,900	583 EATON RD	4	3	2007	1647
$254,900	1386 WANDERER WAY	4	2	2007	1603
$259,900	3299 ROCKIN M DRIVE	3	2	2007	1728
$269,900	708 BRADFORD CT	3	2	1987	1806
$270,000	5434 HEADWATERS RD	3	2	2003	1614
$279,000	249 W LINDO AVE	3	3	1978	2116
$280,000	11103 LONE PINE AVE	3	2	1963	1730
$280,000	3457 BELL RD	3	2.75	1969	2109
$286,200	920 W 8TH AVENUE	3	2.5	1910	1820
$329,900	3 GRIFFITH PARK LANE	3	2.5	1998	2250
$367,500	677 CROMWELL DR	3	2.5	1996	2416

-=-=-=-=-=-=-=-=-=-
Matthew Herman
Keller Williams Realty
530-809-3754 (Office)
530-808-3755 (Fax)
530-518-0974 (Cell)

matt@MatthewHerman.com

Dont forget to check out all of Chicos listings at www.matthewherman.com

Other Helpful Resources
www.matthewherman.com
www.chiconeighborhoods.com -- Helpful information about Chico���s neighborhoods
chicohomes.blogspot.com -- Chico's Real Estate Blog

Chico Foreclosures for the week of Tuesday January 13, 2009

Currently there are 23 active foreclosures on the Chico MLS. Chico Real estate is very dynamic. It is not uncommon for properties to enter and exit the market in a day or two.

Want the best value in Chico????? To recieve daily updates on Chico foreclosures, call me at 530-809-3754.
Or view all Chico Foreclosures with their pictures online at www.matthewherman.com

Asking	Address	Beds	Bath	Year Built	Sq Feet
$110,000	458 NORD AVENUE	2	1	1983	864
$119,900	476 EAST AVE	3	1.5	1955	1777
$144,500	1367 E 10TH STREET	3	1	1935	1120
$144,875	926 SHERIDAN AVE	2	1	1949	1101
$169,900	188 CONNORS AVE	3	1	1949	1366
$169,900	2226 CEANOTHUS AVE	2	1	1948	736
$198,900	43 SKYWALKER COURT	3	2	2005	1181
$209,900	6 NEW DAWN CIR	3	2	1979	1404
$220,500	48 ARTESIA DR	3	2	2002	1233
$224,900	2749 CEANOTHUS AVE	3	3	2006	1549
$227,900	3345 WEDGEWOOD LN	3	2	1999	1179
$239,900	1183 E 5TH AVENUE	3	2	1964	1720
$244,900	583 EATON RD	4	3	2007	1647
$247,500	2809 CEANOTHUS AVE	3	2	2006	2006
$269,900	708 BRADFORD CT	3	2	1987	1806
$270,000	5434 HEADWATERS RD	3	2	2003	1614
$279,000	249 W LINDO AVE	3	3	1978	2116
$280,000	11103 LONE PINE AVE	3	2	1963	1730
$280,000	3457 BELL RD	3	2.75	1969	2109
$286,200	920 W 8TH AVENUE	3	2.5	1910	1820
$329,900	3 GRIFFITH PARK LANE	3	2.5	1998	2250
$367,500	677 CROMWELL DR	3	2.5	1996	2416
$425,000	116 EAGLE NEST DR	4	2	1999	2190

-=-=-=-=-=-=-=-=-=-
Matthew Herman
Keller Williams Realty
530-809-3754 (Office)
530-808-3755 (Fax)
530-518-0974 (Cell)

matt@MatthewHerman.com

Dont forget to check out all of Chicos listings at www.matthewherman.com

Other Helpful Resources
www.matthewherman.com
www.chiconeighborhoods.com -- Helpful information about Chico���s neighborhoods
chicohomes.blogspot.com -- Chico's Real Estate Blog

December Chico Real Estate Newsletter: Year in Review

Happy New,

From our family to yours, here's wishing you a happy, healthy, and prosperous 2009.  Be grateful every day for everything and everyone that brings joy to your life.

And what a year it has been!!   There have been quite a few positive events and an equal if not more unpleasant events.  As this is my year in review newsletter, there is much to discuss so let’s get started.

759 homes sold this year which is down from 2007 of 880 (or 13%).  Of the all the homes that sold in 2008, only 169 (22%) were distress properties.  Chico’s Real Estate market continues to sell homes and a relatively small portion of those homes are distress properties.  If you look at Fresno area where distressed properties represent 80% of the market, Chico is doing great.

The numbers can get a little overwhelming.  Here is a graph which summarizes the last three years median price in Chico.  From Jan 1, 2006 through today, the median selling price of Chico homes has changed from $325,000 to $ 265,000; representing a change of -23% over the last 3 year.  Today's Median Days on Market for correctly priced homes is 40.

This graph paints of picture of what we all feel, the market median prices of homes has gone done about 19% this year.  There is a silver lining here.  One of the reasons that the median has dropped so much this year is because houses about $400k have not been selling.  (Only 18% of all houses sold this year were over $400k). This skews the overall median price reading.  Once the credit market figures out their issues, the $400k and above houses will start selling again and the median price in Chico will go up.

On the positive side, Interest Rates are incredibly low right now.  Several of my clients have locked in 4.75ish rates on a 30 year fix conventional loans this month.  If you are a first time home buyer or a move up buyer, there are some outstanding deals

As always, thank you in advance for your referrals and don’t forget to check out all of Chico’s listings at www.matthewherman.com

Respectfully,

Matt

P.S.  I just added all of the short sales and foreclosures in Chico to my website.  If you want to see some of the best values in Chico check them out.

-=-=-=-=-=-=-=-=-=-

Matthew Herman

Keller Williams Realty

530-809-3754 (Office)

530-809-3755 (Fax)

 

matt@MatthewHerman.com

 

 

Chico Foreclosures for the week of Tuesday January 6, 2009

Currently there are 23 active foreclosures on the Chico MLS. Chico Real estate is very dynamic. It is not uncommon for properties to enter and exit the market in a day or two.

Want the best value in Chico????? To recieve daily updates on Chico foreclosures, call me at 530-809-3754.
Or view all Chico Foreclosures with their pictures online at www.matthewherman.com

Asking	Address	Beds	Bath	Year Built	Sq Feet
$110,000	458 NORD AVENUE	2	1	1983	864
$129,900	476 EAST AVE	3	1.5	1955	1777
$139,900	1936 ARCADIAN AVE	3	2	1946	1500
$144,500	1367 E 10TH STREET	3	1	1935	1120
$169,900	188 CONNORS AVE	3	1	1949	1366
$169,900	2226 CEANOTHUS AVE	2	1	1948	736
$189,000	9640 COHASSET RD	2	1	1973	1748
$205,000	2970 GODMAN AVE	3	3	1979	1834
$209,900	6 NEW DAWN CIR	3	2	1979	1404
$213,900	43 SKYWALKER COURT	3	2	2005	1181
$224,900	1395 RINGTAIL WAY	3	2	2006	1471
$227,900	3345 WEDGEWOOD LN	3	2	1999	1179
$231,900	48 ARTESIA DR	3	2	2002	1233
$234,500	1459 YOSEMITE DR	3	2	2006	1718
$244,900	583 EATON RD	4	3	2007	1647
$247,500	2809 CEANOTHUS AVE	3	2	2006	2006
$269,900	708 BRADFORD CT	3	2	1987	1806
$270,000	5434 HEADWATERS RD	3	2	2003	1614
$279,000	249 W LINDO AVE	3	3	1978	2116
$280,000	11103 LONE PINE AVE	3	2	1963	1730
$286,200	920 W 8TH AVENUE	3	2.5	1910	1820
$344,900	3161 CALISTOGA DR	4	2	1994	2202
$425,000	116 EAGLE NEST DR	4	2	1999	2190

-=-=-=-=-=-=-=-=-=-
Matthew Herman
Keller Williams Realty
530-809-3754 (Office)
530-808-3755 (Fax)
530-518-0974 (Cell)

matt@MatthewHerman.com

Dont forget to check out all of Chicos listings at www.matthewherman.com

Other Helpful Resources
www.matthewherman.com
www.chiconeighborhoods.com -- Helpful information about Chico���s neighborhoods
chicohomes.blogspot.com -- Chico's Real Estate Blog