Chico, CA Real Estate News

By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
The Sandi Bauman Team Stats for January Everybody says January is a slow month for sales. We beg to differ. See below. Many potential sellers have been waiting for the distressed market to run it’s course, so that property values would stabilize and begin to recover. If you’re one of those homeowners, the Chico real estate market finally has good news for you!  Chico prices have improved by about 5.7% in the past 12 months. Combine that with super low interest rates and reduced inventory, and we might be looking at the exact opportunity that many homeowners have been waiting for. One of the most important decisions a seller has to make, aside from timing, is which Realtor they should entrust to list, market, and negotiate their property.   Continue reading on The Pink Couch!
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Driving through San Jose yesterday I saw this roof design, It has been many years since I saw this roof type but it certainly lends some character to a home, don't you agree?        I love this design style and the roof adds a craftsman quality to the design.              Spanish influence is clear with this one. Check out the wrought iron at the second story balcony.                12" classic profile is the most popular of the roof profiles for residential roofing.We used to manufacture several different types of sheet metal roofing.         This is a 50-year roof but dimensional comp shingle roofs come in a wide array of thicknesses with 25-50 year warranties. 
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
The Sandi Bauman Team! at Chico Homes specializes in short sales!   Question: What do you get when you combine a top producing, reputable Chico Broker with a highly specialized Short Sale Negotiator?   Answer: Two professionals for the price of one.   Question: What is the price for a TEAM of experts to facilitate my Chico short sale?   Answer: Out of pocket… Nothing! Zero! Zilch! Nada!! As a homeowner seeking a short sale, you do not pay direct Realtor fees. No need to bargain shop! You might as well hire the best you can find.   According to stats provided by the CRMLS system, Sandi Bauman is the top producing Chico LISTING agent of 2010, 2011, and 2012. It makes statistical sense to entrust the marketing and negotiations of your Chico short sale to a Broker who has a clear history of...
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
What exactly does CA Civil Code 1695 say, and how does it apply to homeowners in Chico facing short sale or foreclosure?   Civil Code 1695 1695 (a) The Legislature finds and declares that homeowners whose residences are in foreclosure have been subjected to fraud, deception, and unfair dealing by home equity purchasers. The recent rapid escalation of home values, particularly in the urban areas, has resulted in a significant increase in home equities which are usually the greatest financial asset held by the homeowners of this state. During the time period between the commencement of foreclosure proceedings and the scheduled foreclosure sale date, homeowners in financial distress, especially the poor, elderly, and financially unsophisticated, are vulnerable to the importunities of equit...
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
  When your mortgage payments are no longer affordable, you have several options to consider. For homeowners in this situation, two of the most common courses of action are short sale or foreclosure. But what is the difference between short sales and foreclosures – and which is the better option for most homeowners? Read on to learn more about short sale vs. foreclosure. What is the Difference Between a Short Sale and a Foreclosures in California?   Continue reading on The Pink Couch....   Need Help?   Is a Chico Short sale right for you?  Let’s explore your options!  For a confidential consultation with The Sandi Bauman Team short sale negotiators, call 530-864-5407 or email sandi@sandibauman.com.
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
by Tammer Waller, Buyer Specialist, The Sandi Bauman Team! at Chico HomesThe quantity of sales increased in Chico during the month of October for single family home sales. There were a total of ninety two homes sold after an average of 77 days on the market (DOM). With approximately 75% of the homes sold being classified as a standard sale, we had average sales price of $234,504 with a median sales price of $219,000.Compared to October of 2011, the quantity of sales was seventy three homes with a DOM of 75. At that time we had thirty eight homes classified as a standard sale or approximately 51%. The median home price was lower in relation to October 2012 coming in at $200,000 while the average sales price was only slightly lower at $233,254.   Continue reading on The Pink Couch....
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
When your mortgage payments are no longer affordable, you have several options to consider. For homeowners in this situation, two of the most common courses of action are short sale or foreclosure. But what is the difference between short sales and foreclosures – and which is the better option for most homeowners? Read on to learn more about short sale vs. foreclosure. What is the Difference Between a Short Sale and a Foreclosures in California? Continue reading on The Pink Couch....
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
Getting free doesn't have to mean running away.   Today, many homeowners find themselves unable to escape an unmanageable mortgage. Some of them are being given some bad advice. They are being told that walking away from their mortgage and letting the bank foreclose is their best possible option. It is called Strategic Default, and it has terrible consequences. As a real estate professional who has earned the Certified Distressed Property Expert (CDPE) designation, I make it my mission to know the best possible options available to distressed homeowners for both their present AND their future. Read the report on my site entitled Escape Your Unmanageable Mortgage: Getting free doesn't have to mean running away. Then, call me and schedule your free, confidential consultation Sandi Bauman ...
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By Tammy Waller Aviles, Broker
(Waller Real Estate)
Today I will be looking at the January 2012 Chico real estate market statistics for single family residences, which appears to an improvement over last year. We had a total of forty six homes sold with an average selling price of $270,327, a median selling price of $240,000 and an average day on the market of 91 days. The majority of the homes were sold as a standard sale-meaning not a short sale or REO property-broken down to twenty nine standard sales and seventeen properties sold as "distressed" or 64%.   In comparison to January 2011, there were a total of 40 homes sold-13% less than our current year. The average selling price was lower during this period as well coming in at $253,490 with a marginally improved median sales price of $240,150. The quantity of standard home sales ver...
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By Tammy Waller Aviles, Broker
(Waller Real Estate)
Today marks the launch of Chico Real Estate Trends, a blog featured on the local newspaper, Chico Enterprise Record's blog -NorCal Blogs! I will be posting information on our current real estate market. Today marks the launch of Chico Real Estate Trends-To start I am looking at the Chico real estate market yearend review for 2011-specifically, the single family residence market. For added reference I will refer back to statistics that are taken during the peak of our market-second quarter of 2006, as well as the statistics from the prior year.    As far as quantity of homes sold during the 2011 year-it wasn't all that bad. There was actually an increase over 2010's total units sold. In 2010, there were 760 homes sold with approximately 53% of that number sold as a "distressed property"...
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
     Short Sale and         Foreclosure Resource Chico CA Buyers and Sellers Benefit from REALTOR® Expertise in Distressed Sales   Chico, CA 12/30/2011 — Sandi Bauman, Broker at Chico Homes, has earned the nationally recognized Short Sales and Foreclosure Resource certification. The National Association of REALTORS® offers the SFR certification to REALTORS® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows.   According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures.  For many real estate professionals, short sales and foreclosures are the new “traditional” transaction.  REALTORS® who have earned the SFR certification know ...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
The Tuscan style of architecture with it's origins, in the Tuscan region of Italy, are unique and well appreciated. The development of the California Tuscan Style has come to represent the blending of this authentic "Old World" architecture with the conveniences of modern world construction. One feature that readily distinguishes the Tuscan Style is the courtyard. The courtyard outdoor room can further be enjoyed by the addition of bifold doors to the home bringing the outdoors indoors. La Cantina Bifold Doors manufactured in San Diego CA, are crafted in a variety of , and are another example of products matching our passion for creating the California Tuscan style home. The bifold doors are available in widths upto 24'. LaCantina's 5 year/10 Year warranty further match Chain Enterprise...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Canyon Oaks Subdivision is a gated community offering some of Chico's most sought after luxury homes. The Canyon Oaks Country Club is known for world class golf. The community is conveniently located near Bidwell Park, shops, Chico State University and the region's rich cultural and recreational resources. Lots are available for discerning buyers to create a custom golf course home. There are numerous advantages to new construction including customization opportunities and recent energy efficient technologies rarely available in a resale home. Single family vacant lots for sale in the Canyon Oaks Subdivision presently include 5 active listings. Active Price Range: $70,000 - $135,000 Acres: .22 - .63 Average DOM: 365 Canyon Oaks Golf Course Lots Active List Chico CA Homes For Sale, Sept...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Northgate Aviation Chico Jet Center provides FAA Private Pilot License Testing and is a Chico FAA CATS Testing center. They are a well established full service aviation facility. I jumped at the opportunity, after testing today, to capture a photo of this unique biplane. The plane on display is part of the Chico Air Museum, collection. The museum's website lists the plane as a Russian designed, Antonov AN-2. The plane was first built in 1947 and was produced for over 40 years. California Airport Airparks: California provides numerous opportunities for pilots to own their own home with airport access. These properties range from airport communities with upscale homes including adjoining hangers to rural communities with limited RV uses. Opportunities also exist to choose lots and design...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Canyon Oaks Subdivision is a gated community offering some of Chico's most sought after luxury homes. The Canyon Oaks Country Club is known for world class golf. The community is conveniently located near Bidwell Park, shops, Chico State University and the regions rich cultural and recreational resources. Lots are available for discerning buyers to create a custom golf course home. Single family vacant lots for sale in the Canyon Oaks Subdivision presently include 16 active listings and 1 backup/pending sale. Active Price Range: $59,900 - $460,000 Acres: .22 - 3.72 Average DOM: 168 (1 @ 782 ) Canyon Oaks Golf Course Lots Active List Chico CA Homes For Sale, March 28, 2011 www.chicohouses.NET Buyers Seeking Personalized Transaction Assistance With Canyon Oaks Homes For Sale Please Conta...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Canyon Oaks Subdivision is a gated community offering some of Chico's most sought after luxury homes. The Canyon Oaks Country Club is known for world class golf. The community is conveniently located near Bidwell Park, shops, Chico State University and the regions rich cultural and recreational resources. Featured Home: This artisan quality 3,590 sf. home has 3 bedrooms, 4+ baths. The tasteful exterior only begins to reveal the quality features including African mahogany floors, chef's kitchen, double refrigerators, spa bath, sculpted walls, iron railings and the list goes on. Buyers should prepare to be wowed when viewing this home offered at $849,000. Single family homes for sale in the Canyon Oaks Subdivision presently include 12 active listings, 2 backup and 1 pending sales. Active...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Canyon Oaks Subdivision is a gated community offering some of Chico's most sought after luxury homes. The Canyon Oaks Country Club is known for world class golf. The community is conveniently located near Bidwell Park, shops, Chico State University and the regions rich cultural and recreational resources. Lots are available for discerning buyers to create a custom golf course home. Single family vacant lots for sale in the Canyon Oaks Subdivision presently include 18 active listings and 1 pending sale. Active Price Range: $59,900 - $460,000 Acres: .22 - 3.72 Average DOM: 131 (1 @ 764 ) Canyon Oaks Golf Course Lots Active List Chico CA Homes For Sale, March 10, 2011 www.chicohouses.NET Buyers Seeking Personalized Transaction Assistance With Canyon Oaks Homes For Sale Please ContactChain...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
The Tuscan style of architecture with it's origins, in the Tuscan region of Italy, are unique and well appreciated. The development of the California Tuscan Style has come to represent the blending of this authentic "Old World" architecture with the conveniences of modern world construction. One feature that readily distinguishes the Tuscan Style is the choice of windows. Kolbe and Kolbe "Old World Classic" windows crafted in sustainable "Lamboo" materials are just one example matching our passion for creating the California Tuscan style. There is great art to be found in combining emerging technologies that support green sustainable practices without compromising quality. Isn't that really the best of both the new and "Old World?" Green Solutions: While the construction industry has be...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
Canyon Oaks Subdivision is a gated community offering some of Chico's most sought after luxury homes. The Canyon Oaks Country Club is known for world class golf. The community is conveniently located near Bidwell Park, shops, Chico State University and the regions rich cultural and recreational resources. Single family homes for sale in the Canyon Oaks Subdivision presently include 11 active listings, 2 backup and 1 pending sales. Active Price Range: $429,000 - $898,500 Square Ft Range: 2,083- 3,590 Average DOM : 142 (days on market) (2@616-756) Pending Price Range: $505,000 - $1,109,950 Square Ft: 2,780 -5,058 Average DOM: 194 (1 @ 774 ) Featured Home: This luxurious 3,448 sf. home has 3 bedrooms, 2+ baths and includes features like travertine, granite, subzero and climate controlled ...
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By Steve, Joel & Steve A. Chain
(Chain Real Estate Investments & Mortgage, Steve & Joel Chain)
        Butte Creek Country Club is a community with a well established country club lifestyle. Conveniently located to the Highway 99 corridor providing access to the region's rich cultural and recreational resources.                   Butte Creek Country Club,  provides membership for full golf course benefits.             Buyers: There are presently 6 homes listed for sale in Butte Creek CC, with 2 pending and 1 accepting backup offers. The homes for sale are priced from $375,000 to $849,000. Homes range in size from 2,659 to 3996 sf. Please contact for details and to schedule a showing. Sellers: If you are a Butte Creek CC homeowner considering selling we would also be pleased to provide a free market analysis of your home because: Unique Homes Deserve Unique Marketing!℠   Featured...
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