Chico, Ca Real Estate Blog: March 2009

Tuesday, March 31, 2009

Chico Foreclosures for the week of Tuesday March 31, 2009

Currently there are 17 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
$116,500	2240 NOTRE DAME BLVD	2	1	1980	864
$159,000	9640 COHASSET RD	2	1	1973	1748
$164,900	2055 AMANDA WAY	3	2	1991	1244
$171,155	2099 HARTFORD DR	3	2	2005	1375
$176,900	120 W SACRAMENTO AVE	2	1	1928	988
$199,900	1005 SOUTHAMPTON DR	3	2	2002	1357
$211,900	157 CAVALIER WY	3	2	1999	1306
$218,400	563 EATON RD	3	2	2007	1196
$218,500	3130 JOHNNY LN	3	2.5	1979	1487
$226,720	87 CERES CIR	3	2	1963	1534
$259,900	920 W 8TH AVENUE	3	2.5	1910	1820
$260,000	175 REMINGTON DR	3	2	1992	1455
$279,000	249 W LINDO AVE	3	3	1978	2116
$289,900	123 MANDALAY CT	3	2	2003	1860
$299,900	1054 GATEWAY LN	4	3	1990	2060
$339,500	1974 POTTER ROAD	4	2.5	2007	1860
$514,900	33 SPARROW HAWK LN	4	3.5	2005	2799

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

matt@MatthewHerman.com

Dont forget to check outChico Real Estate and Homes for Sale at www.matthewherman.com

Other Helpful Resources
Foreclosure Homes in Chico -- Foreclosure information in Chico
Orovillle Real Estate -- All of Oroville's Real Estate Listings
Orland Real Estate -- All of Oroville's Real Estate Listings
Paradise Real Estate -- All of Oroville's Real Estate Listings
Chico Ca Homes For Sale -- All of Chico's Real Estate Listings
www.chiconeighborhoods.com -- Helpful information about Chico��s neighborhoods
chicohomes.blogspot.com -- Chico's Real Estate Blog

Tuesday, March 24, 2009

Chico Foreclosures for the week of Tuesday March 24, 2009

Currently there are 17 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
$116,500	2240 NOTRE DAME BLVD	2	1	1980	864
$159,000	9640 COHASSET RD	2	1	1973	1748
$164,900	2055 AMANDA WAY	3	2	1991	1244
$171,155	2099 HARTFORD DR	3	2	2005	1375
$176,900	120 W SACRAMENTO AVE	2	1	1928	988
$196,500	1382 WANDERER WAY	3	2	2007	1126
$211,900	157 CAVALIER WY	3	2	1999	1306
$218,400	563 EATON RD	3	2	2007	1196
$218,500	3130 JOHNNY LN	3	2.5	1979	1487
$226,720	87 CERES CIR	3	2	1963	1534
$260,000	175 REMINGTON DR	3	2	1992	1455
$279,000	249 W LINDO AVE	3	3	1978	2116
$288,000	594 DESIREE LANE	3	2	2007	1853
$289,900	123 MANDALAY CT	3	2	2003	1860
$299,900	1054 GATEWAY LN	4	3	1990	2060
$339,500	1974 POTTER ROAD	4	2.5	2007	1860
$514,900	33 SPARROW HAWK LN	4	3.5	2005	2799

Thursday, March 19, 2009

What's up with Mortgage Rates

Good Morning Blogger,

As you know, the members of the Federal Open Market Committee voted unanimously to not only ramp up their direct purchases of mortgage-backed securities by an additional $750 billion – but for the first time since 1960 the Fed will become a direct buyer of up to $300 billion of longer-dated Treasury obligations. On its face there is nothing but good news here for the prospects of steady to fractionally lower mortgage interest rates.

In addition to these two major mortgage market friendly events the Fed’s Term Asset-Backed Securities Loan Facility (TALF) will kick-off today. This $200 billion program is designed to break the logjam in the short-term credit markets and allow funds to start flowing once again for credit card receivables, car and student loans and numerous other business credit facilities. If the program is successful the Fed is prepared to ratchet funding up to $1 trillion dollar level.

How is this effecting interest rates? Yesterday rates were 5.125. Today they are 4.875. Rates are fractionally better. As I have said in last months email, rates are going to tread in this range for maybe 6 months. After that, I am expecting 6+% to be the going rate.

Let me know if you have any questions.

Don’t forget to check out all of Chico’s listings at www.matthewherman.com . If you know of someone that is selling or buying, I am never too busy to help them out.

Your full time realtor,

Matt

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

Matthew Herman

Keller Williams Realty

530-809-3754 (Office)

530-809-3755 (Fax)

matt@MatthewHerman.com

Tuesday, March 17, 2009

Chico Foreclosures for the week of Tuesday March 17, 2009

Currently there are 17 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
$75,500	16220 SUGAR PINE PL	2	1	1926	1306
$116,500	2240 NOTRE DAME BLVD	2	1	1980	864
$154,900	2226 CEANOTHUS AVE	2	1	1948	736
$159,000	9640 COHASSET RD	2	1	1973	1748
$164,900	2055 AMANDA WAY	3	2	1991	1244
$171,155	2099 HARTFORD DR	3	2	2005	1375
$175,000	5434 HEADWATERS RD	3	2	2003	1614
$176,900	120 W SACRAMENTO AVE	2	1	1928	988
$218,500	3130 JOHNNY LN	3	2.5	1979	1487
$226,720	87 CERES CIR	3	2	1963	1534
$226,900	157 CAVALIER WY	3	2	1999	1306
$279,000	249 W LINDO AVE	3	3	1978	2116
$288,000	594 DESIREE LANE	3	2	2007	1853
$289,900	123 MANDALAY CT	3	2	2003	1860
$290,000	4 SHEARWATER CT	4	2	2001	1790
$299,900	1054 GATEWAY LN	4	3	1990	2060
$339,500	1974 POTTER ROAD	4	2.5	2007	1860

Tuesday, March 10, 2009

Chico Foreclosures for the week of Tuesday March 10, 2009

Currently there are 17 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
$75,500	16220 SUGAR PINE PL	2	1	1926	1306
$154,900	2226 CEANOTHUS AVE	2	1	1948	736
$164,900	107 WATSON LN	3	2	1976	1408
$169,900	188 CONNORS AVE	3	1	1949	1366
$170,000	9640 COHASSET RD	2	1	1973	1748
$171,155	2099 HARTFORD DR	3	2	2005	1375
$176,900	120 W SACRAMENTO AVE	2	1	1928	988
$209,900	39 GARDEN PARK DR	3	2.5	1989	1591
$226,720	87 CERES CIR	3	2	1963	1534
$226,900	157 CAVALIER WY	3	2	1999	1306
$230,000	5434 HEADWATERS RD	3	2	2003	1614
$269,900	920 W 8TH AVENUE	3	2.5	1910	1820
$279,000	249 W LINDO AVE	3	3	1978	2116
$288,000	594 DESIREE LANE	3	2	2007	1853
$289,900	123 MANDALAY CT	3	2	2003	1860
$339,500	1974 POTTER ROAD	4	2.5	2007	1860
$349,000	77 QUAIL COVEY CT	3	2.5	1990	2776

Tuesday, March 3, 2009

Chico Foreclosures for the week of Tuesday March 3, 2009

Currently there are 15 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
$94,000	458 NORD AVENUE	2	1	1983	864
$99,900	476 EAST AVE	3	1.5	1955	1777
$154,900	2226 CEANOTHUS AVE	2	1	1948	736
$164,900	107 WATSON LN	3	2	1976	1408
$169,900	188 CONNORS AVE	3	1	1949	1366
$170,000	9640 COHASSET RD	2	1	1973	1748
$171,155	2099 HARTFORD DR	3	2	2005	1375
$176,900	120 W SACRAMENTO AVE	2	1	1928	988
$219,000	897 LINDO LN	5	3	1951	1846
$226,900	157 CAVALIER WY	3	2	1999	1306
$230,000	5434 HEADWATERS RD	3	2	2003	1614
$269,900	920 W 8TH AVENUE	3	2.5	1910	1820
$288,000	594 DESIREE LANE	3	2	2007	1853
$289,900	123 MANDALAY CT	3	2	2003	1860
$369,900	77 QUAIL COVEY CT	3	2.5	1990	2776

Monday, March 2, 2009

Febuary Chico Real Estate Newsletter - Real Estate Conference

Good Afternoon Blogger ,

This is such great weather…. If you’re a duck.. Hopefully, you and your family are staying dry because we need the rain.

First off, let me apologize for not getting this newsletter out last week. The Real Estate Conference that I attended for 5 days just got in the way. The information is overwhelming. I am still digesting all of it.

What were some of the main points that I took away from the conference you ask..

· Interest Rate will probably not go below 5 percent. So if your holding out hope for lower interest rates it may be time to re-consider. 5-5.5% interest rates should be here for the next 6 months or so. I am not foolish enough to predict any farther out.

· The number of foreclosures have been decreasing lately. This is an artificial lag due to the banks wanting to look bad in the goverments eyes with hopes for more bailout monies.

· Foreclosures will be with us for the next year to two years. This timeline depends on how fast the banks release their inventory. If they flood the market with houses, the foreclosure home prices fall with excess supply. Conversly if they hold on to them, they are loosing monies on a depreciating assest.

The next 180 days is going to be interesting. I truly believe that home purchusers over the next 8 months will look back and smile about a well timed purchase. We will see.

Don’t forget to check out all of Chico’s , Oroville’s, and Paradise’s listings on my website at www.matthewherman.com . It is updated twice a day. Referrals are the biggest compliment. If you know of someone that is selling or buying, I am never too busy to help them out.

Respectfully,

Matt

P.S. Foreclosures and short sales are some of the best values out there. If you would like to see all of them, visit my website.

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

Matthew Herman

Keller Williams Realty

530-809-3754 (Office)

530-809-3755 (Fax)

matt@MatthewHerman.com

Other Helpful Resources
Foreclosure Homes in Chico -- Foreclosure information in Chico
Orovillle Real Estate -- All of Oroville's Real Estate Listings
Orland Real Estate -- All of Oroville's Real Estate Listings
Paradise Real Estate -- All of Oroville's Real Estate Listings
Chico Ca Homes For Sale -- All of Chico's Real Estate Listings
www.chiconeighborhoods.com -- Helpful information about Chico’s neighborhoods
chicohomes.blogspot.com -- Chico's Real Estate Blog

Chico Real Estate -- All of Chico’s Real Estate

Chico, Ca Real Estate Blog

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Tuesday, March 31, 2009

Chico Foreclosures for the week of Tuesday March 31, 2009

Tuesday, March 24, 2009

Chico Foreclosures for the week of Tuesday March 24, 2009

Thursday, March 19, 2009

What's up with Mortgage Rates

Tuesday, March 17, 2009

Chico Foreclosures for the week of Tuesday March 17, 2009

Tuesday, March 10, 2009

Chico Foreclosures for the week of Tuesday March 10, 2009

Tuesday, March 3, 2009

Chico Foreclosures for the week of Tuesday March 3, 2009

Monday, March 2, 2009

Febuary Chico Real Estate Newsletter - Real Estate Conference