Chico, CA Real Estate News

By Ryan Vaught
(Ryan Vaught Real Estate)
April 23, 2009 We hear a lot of talk about which months are the most lively ones for getting our listings sold. Many people think the ideal time to put a house on the market is when the azaleas are in bloom and the grass is the greenest. In many parts of the country, the "spring market" is thought of as the real estate industry's Christmas season.There are important factors that strongly influence the sale of houses. Interest rates, the availability of local employment, tax rates, and the overall economic health of the community all play a large part in determining how quickly homes move and how well the sellers will do at the closing table. Your home may sell quickly during a month when the weather is gloomy but the interest rates are low. Waiting for spring flowers to bloom before pla...
Comments 0
By Ryan Vaught
(Ryan Vaught Real Estate)
April 22, 2009 I found this joke on http://realestatejokes.nationalrealtorsdirectory.com/ and it made me laugh-but also sit back a minute and think; hey-there is some truth to this! This country is great. It's the only place where you can borrow money for a down payment, get a 1st and 2nd mortgage and call yourself a homeowner. ...Although I must add as an end note, doing all three of these is getting harder and harder these days. Happy Wednesday!  Do you have any jokes that you want to share?  If so, leave them as a comment. ---------------------------------------------------------------------------------------------------------------------- Take a look at my market report for today!http://www.ryanvaught.com/chicomarketreport Currently Ryan has about 30+ listings in inventory, and has ...
Comments 1
Thursday, April 16  Part 2 of: Successfully selecting a contractor for home remodels. If you didn't get a chance to read part 1, "8 Ingredients to Successfully Selecting A Contractor for Home Remodels", then check this past Monday's blog. Before You sign the contract with any contractor that you are going to have work on your home, read this list below to make sure that the contract contains some very important points. Make sure the contract contains: 1. Who will do the work? 2. When will the work be completed? 3. A detailed list of specific materials to be used. 4. The appliances and/or fixtures to be supplied 5. The dates for beginning and completing the job. 6. Monetary penalties for non-completion of project on time. 7. A provision for the clean-up of the premises. 8. Don't sign a c...
Comments 0
Monday, April 13 Maybe you just found that house that's in the perfect location for you but you aren't thrilled about the kitchen.  Maybe it is a good enough price and location that you decide to buy it.  Then, a year or so later you decide to go ahead and remodel the kitchen.  Make sure if you find yourself in a similar place to read on and follow these tips for selecting a good contractor to complete the job. 1. Shop around...don't rush into choosing a contractor. 2. Get references from friends, neighbors and family who have had similar work completed. 3. Get at least three written estimates for identical work so that you can easily compare    bids. 4. Get references from the contractors so you can check on their work. 5. Call your local municipality and check if there have been any c...
Comments 0
April 9, 2009 As promised yesterday, here are some more things you will need to know if you are considering buying a foreclosure. Make sure to check yesterdays points to condsider if you have not already read them. HLN money expert Clark Howard says, "The key to saving money is you don't look for a house that looks perfect, you look for a house that's a perfect deal that  you can fix up for  not too much money.  You do that and you are going to save yourself a ton." Considering Buying A Foreclosure? Then Consider These Points: Be ready to not see some things: What are you talking about, you may be asking?  Well, many times owners who are being foreclosed on try to salvage or sell off everything in the house that they could make a little money on.  Most of the time this means the applia...
Comments 0
By Ryan Vaught
(Ryan Vaught Real Estate)
April 8, 2009 HLN money expert Clark Howard says, "The key to saving money is you don't look for a house that looks perfect, you look for a house that's a perfect deal that you can fix up for not too much money.  You do that and you are going to save yourself a ton." Foreclosures in the U.S. are up- nearly 30% from this time a year ago!  The great loss to the folks being foreclosed on brings enormous opportunity to those looking for a good deal.  But---it's not for the weak of heart of the weak of mind....why? You have to be willing to look past some stuff.  Here are some of those things: Bank owned properties are not usually in tip top shape:  Many times, they have not been cleaned; the yard might be quickly going wild or have already become wild.  Banks aren't property managers and t...
Comments 0
By Ryan Vaught
(Ryan Vaught Real Estate)
April 6, 2009 I thought it was only appropriate to start out with a laugh at the beginning of the week.  I found this funny joke from www.realestatehumor.com : My Agent Always Gives 100%12% Monday 23% Tuesday 40% Wednesday 20% Thursday 5% Friday------------------Total = 100%!!! Now remember, this is a joke, this is only a joke! ...Well maybe the Friday % has some truth...   Do you have any funnies to share with us to help brighten our Monday? If so, post it as a comment Take a look at my market report for today!http://www.ryanvaught.com/chicomarketreport Currently Ryan has about 30+ listings in inventory, and has already sold 14 homes in 2009. Please don't hesitate to contact me with any questions about Chico area real estate. Interested in learning more about the Chico area or Ryan?Vau...
Comments 4
By Ryan Vaught
(Ryan Vaught Real Estate)
 April 1, 2009 These are some  good idease from www.frontdoor.com on the dos and don'ts of home selling.  If you have any other "dos" or "don'ts" of home selling please feel free to post a comment and share them. For the full article visit: http://www.frontdoor.com/Buy/FrontDoors-Real-Estate-Dos-and-Donts/2431 Mistakes to Avoid Trying to make the hard sell. Sticking around to show off your cabinet doors probably won't help you sell. Even the most eager seller should exit stage left when it's time for a showing. Take your open house to the next level Setting your sale price too high. Your house is only worth what people will pay for it. Research recent home sales to make sure the right people are looking at your abode. Perfect your price Doing major renovations before selling. Huge const...
Comments 0
By Ryan Vaught
(Ryan Vaught Real Estate)
March 24, 2009 I want to share with you a good real estate glossary on the web.  It has an extensive list of terms with easy to understand definiteons.  If you are a fellow realtor it might serve as a good resource for your clients that are wanting to understand some more real estate "jargon" on their own.  It also works as a good reference.  I have included the link and also the first page of "A" listings in the glossary to show you an example of what it contains.  Hope you find this helpful! Entire Real Estate Glossary: http://www.frontdoor.com/Home-Finance/Real-Estate-Glossary-A/80 Real Estate Glossary "A" from www.frontdoor.com Abstract of title -- A condensed version of the title history to a piece of land or property. Lists any transfers in ownership and any liabilities attached t...
Comments 0
By Ryan Vaught
(Ryan Vaught Real Estate)
  March 18, 2009 Check Out This Video from WWW.CNN.com to hear some good advice from a  Real Estate expert on the mortgage crisis and three ways you could potentially save your house. http://www.cnn.com/video/#/video/business/2009/03/17/dcl.llyce.glink.save.house.intv.cnn?iref=videosearch 3 ways to save your house 8:47 Any other good ideas out there???  Please leave a comment and share with us suggestions or idea you may have for people who are risking losing their home.     Take a look at my market report for today!http://www.ryanvaught.com/chicomarketreport Currently Ryan has about 30+ listings in inventory, and has already sold 8 homes in 2009. Please don't hesitate to contact me with any questions about Chico area real estate. Interested in learning more about the Chico area or Ryan...
Comments 0
By Ryan Vaught
(Ryan Vaught Real Estate)
March 12, 2009 Check out some more interesting and possibly helpful facts as you search for your next home or consider things such as remodeling your existing home: Most homeowners tend to stay in their homes for about six years. The average bathroom remodel costs $10,500.  They also have the highest return on investment- about 102%. The average kitchen remodel runs nearly $44,00 and can bring a return of about 90%. 13% of previously owned homes are for sale by owner. Most agents agree that the No. 1 reason homes don't sell is price. Always consider any non-negotiable costs associated with a property such as homeowners' association dues or condo fees.  These fun trivia facts were obtained from www.hgtv.com Take a look at my market report for today!http://www.ryanvaught.com/chicomarketre...
Comments 4
By Ryan Vaught
(Ryan Vaught Real Estate)
March 10, 2009 Here are a couple miscellaneous helpful tips for buyers on the search for their next home.  These are just some good things to keep in mind as you make probably the biggest purchase you ever will. Be sure to clarify with your realtor as to what fixtures and furniture are being sold with the home.  Items out of the ordinary that are being sold with the home, such as the washer and dryer which most homeowners tend to take with them, should be itemized in the purchase contract. Keep in mind that older appliances often aren't as energy-efficient as newer ones. Of major appliances, gas ranges tend to last the longest (approximately 15 years). It is always wise to have a professional home inspection done before finalizing the purchase of a home.  In the meantime, while you are ...
Comments 0
By Ryan Vaught
(Ryan Vaught Real Estate)
March 6, 2009 Here is a little trivia for Friday.  You never know, you may actually find one of these tidbits of information to be helpful in your next home search. Buyers find their new home through an agent more than any other method Homes in good condition are more likely to sell closer to their asking price On average, most buyers house hunt for six month before finding their home Four out of five homebuyers want a garage Most homeowners move every seven to ten years Tree roots can crack a driveway Most buyers view about nine homes before making a selection Approximately 63% of all U.S. households have a pet...or two...or three...or four...   These fun trivia facts were obtained from www.hgtv.com Take a look at my market report for today!http://www.ryanvaught.com/chicomarketreport C...
Comments 0
By Ryan Vaught
(Ryan Vaught Real Estate)
March 5, 2009 Buying a home can be a big thrill.  Thinking of all of the luxuries you will be able to have afterall, if it is your first home, such as your own washer and dryer is quite exciting!  But then there is the lovely mortgage that comes along with home ownership which in most cases is quite a larger number than apartment or even renting would be.  For once you are the sole one responsible for the place you call home! Too many people who consider home ownership leave out the most important fact- what the mortgage will cost them.  Sure, no one likes to be a pessimist and always think about the worst case scenario such as losing your job, becoming majorly ill, or having the unexpected come up such as a natural disaster.  But then again if this does happen, many times the largest b...
Comments 0
By Shannon Karlstrom
(Aloha Realty)
40 Single Family Homes sold in Chico during the short month of February Average Sold Price: $271,589, down 8% from January Median Sold Price: $253,000, down 3% from January Average Days on Market: 67 days, selling 13% faster than previous month Homes sold, on average, for more than 93% of list price, up roughly 5% from January Currently there are 377 single family homes for sale in Chico, virtually the same as it was a month ago.  So, inventory seems to be holding. Average list price of active homes: $428,174, down 3% from January Median list price of active homes: $355,000, down 2% from January Average Days on Market: 127, virtually the same as the previous month But, here's where things start to get really interesting... 86 Homes are currently Pending sale, up 8% from January. Average...
Comments 0
By Ryan Vaught
(Ryan Vaught Real Estate)
February 28, 2009 As promised earlier in the week, here are some more ideas on how to inexpensively add more curb appeal to your home.  Just to recap from earlier this week: What is curb appeal?  It's that something extra special about a home that makes you smile when you see it.  It's a house that is pleasing to the eye and well groomed.  It shows a sense of pride and ownership in your home.  If you are considering selling your home consider this fact: By taking some simple steps to boost curb appeal you could be increasing your home's value: A Gallup survey taken in 1999 found landscaping could add 7 to 15 percent to a home's value. Use these tips below to help create more curb appeal if you are thinking of selling your home or just feel inspired to spruce up your home and create the ...
Comments 1
By Ryan Vaught
(Ryan Vaught Real Estate)
February 25, 2009 What is curb appeal?  It's that something extra special about a home that makes you smile when you see it.  It's a house that is pleasing to the eye and well groomed.  It shows a sense of pride and ownership in your home.  If you are considering selling your home consider this fact: By taking some simple steps to boost curb appeal you could be increasing your home's value: A Gallup survey taken in 1999 found landscaping could add 7 to 15 percent to a home's value. Use these tips below to help create more curb appeal if you are thinking of selling your home or just feel inspired to spruce up your home and create the image you have always really wanted. Here are some simple tips for adding curb appeal that are inexpensive and easy to do.  Come up with a concept: Figure o...
Comments 0
By Ryan Vaught
(Ryan Vaught Real Estate)
February 24, 2009 I found this interesting article from a Real Estate Website I read.  I think it's an interesting read.  I hope it helps you understand part of the Presidents stimulus plan that will affect the housing market a little better.  ----------------------------------------------- Will the Stimulus Benefit Homeowners and Buyers? "There are four primary sections of the economic stimulus plan that will benefit home owners and buyers," said Gibran Nicholas, chairman of the CMPS Institute, an organization that certifies mortgage bankers and brokers. According to Nicholas, these include: 1. Expansion of Home Improvement Tax Credit."The tax credit for making energy efficient home improvements is now 30% of the cost of the improvements up to a maximum of $1500," Nicholas said. "This ...
Comments 0
By Ryan Vaught
(Ryan Vaught Real Estate)
I found this interesting video clip about the housing market on my favorite online place to get news www.cnn.com/video  It briefly talks about the housing market and an experts opinion on if it is at its lowest.  He talks about the sign he sees that the housing market may recover more quickly than we think. Click on it the link below to watch the interesting thoughts about the current housing market in America. http://www.cnn.com/video/#/video/living/2009/02/19/howard.housing.market.cnn?iref=videosearch Take a look at my market report for today!http://www.ryanvaught.com/chicomarketreport Currently Ryan has about 30+ listings in inventory, and has already sold 8 homes in 2009. Please don't hesitate to contact me with any questions about Chico area real estate. Interested in learning more...
Comments 0
By Ryan Vaught
(Ryan Vaught Real Estate)
February 17, 2009 I want to share some more features of the home search on my website.  Using these features will help make your home search more productive.  Please follow along with the steps I explain to see what each feature entails. Street Map: Once you click on a red link on the right hand side (i.e. Ryan's Listings) you will be brought to a page with a list of listings.  At the top of this list on the right hand side there is a link that reads ‘view street'.  Click on this and it will bring you to a Google street view.  This feature works for most neighborhoods.  By looking at the street map you will get a feel for what the neighborhood looks like.  This can save prospective buyers a lot of time.  Rather than drive to every house you see potential in, you can weed some out that y...
Comments 0
Explore Chico, CA