Chico, CA Real Estate News

By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
                                       Class                           Bedrooms                     Current Active                      Avg List Price                             Avg DOM All All 1,070 $346,472 170 RE All 581 $418,608 117 RI All 59 $690,497 116 MF All 33 $52,605 91 LD All 110 $380,989 223 FR All 6 $1,024,916 228 CM All 59 $614,349 141 LS All 222 $3,307 313            Class     Bedrooms  Total Listed    Num Sold      Pct Sold       Avg List  Price Sold     Avg Sale Price Sold Sale Price/List Price Ratio    Avg DOM  Sold Avg List Price Unsold Pct Expired All All 188 54 35.53% $306,046 $295,396 96.52% 64 $365,403 37.23% RE All 107 43 40.19% $345,351 $336,372 97.40% 52 $367,903 41.12% RI All 14 1 7.14% $425,000 $400,000 94.12% 372 $578,400 42.86% MF All 12 4 33.33% $40,600 $...
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
 Because you asked, Francisco Gonzalez and Kate Bourland, here is the other Beer Can Chicken recipe I used for Labor Day!  I think this one is actually a lot less work than the Brewmeister's Beer Can Chicken, but arguably just as good.  Guests who were asked to choose their favorite could not make up their minds!                                     Ingredients for the rub:1 T brown sugar1 T coarse salt1 t fresh ground pepper1 1/2 t ground coriander1/2 t ground cinnamon  Ingredients for the can and glaze: 12 ounces pomegranate juice (I used POM)1 lime3 T melted butter Directions: 1.  Combine the ingredients for the rub in a small bowl and stir to mix. 2.  Pour 3/4 C of the pomegranate juice into a small saucepan.   Boil over high heat until reduced to about 1/4 C (5 minutes or so).  Add ...
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By Kimberly Grant, Real Estate Agent - Huntsville Alabama
(Exit Leon Crawford Realty)
Website Spotlight: Chico California Real Estate Professional, Sandi BaumanSubmitted by: Kimberly Grant, Huntsville Real Estate Agent Huntsville / Madison AL Real Estate BlogWell its that time again!!!  I have been surfing the web and I have found another great website that I wanted to share.  My latest website find belongs to Chico California Real Estate Professional Sandi Bauman.  Sandi is a dynamic Realtor working with Chico Homes.  Her dedication to her clients is summed up in her philosophy to treat her clients with the same respect, professionalism, and integrity that she would like to receive in return.  Just viewing her professional affiliations and designations will show you her qualifications to represent buyers and sellers in the Chico area.Buyers can view her featured Chico h...
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
                                                                                          Class    Total Listed     Num Sold      Pct Sold Avg List Price Avg Sale Price   Sale Price/List Price Ratio      Avg DOM     All 217 103 51.24% $373,552 $359,116 96.14% 74     RE 152 87 57.24% $342,656 $334,224 97.54% 77     RI 12 7 58.33% $562,271 $531,857 94.59% 42     MF 10 4 40.00% $64,973 $62,875 96.77% 63     LD 18 2 11.11% $250,000 $191,000 76.40% 46     FR 0 0 0.00% $0 $0 0.00% 0     CM 9 3 33.33% $1,323,000 $1,185,000 89.57% 103     LS 16 0 0.00% $0 $0 0.00% 0     What does this mean?In my opinion, it means that real estate in Chico, CA is still SELLING!  The key is to price it at or slightly below the CURRENT market value.  If the property is priced even a bit too high, chances are not g...
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
  The Chico Chamber of Commerce and the City of Chico are once again co-sponsoring Chico Airfest 2007.  Last year, the airshow at the Chico, CA Municipal Airport drew over 10,000 north state residents!  Airfest 2007 promises to be a thrilling one this year, planned for September 1st, over Labor Day weekend.  An F-16,F-18 and an historic P-51 will be pat of the fun.  The Air Force will even bring one of its F-16 "Fighting Falcons" or the "Viper".  The "Viper" boasts enormous speed and 9 g-force turns.  The Navy is planning to show off its F-18 "Hornet", which is one of the premier fighter jets.  Honoring those who have served in the military in years past, the Heritage Flight will consist of the historic P-51 and F-16, flying in unison.The Airfest is a spectacular opportunity to remind t...
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
After reading several posts on great local "things to do", I thought I would add one of my own!We are fortunate, here in Chico, CA, to live near an abundance of wonderful nearby destinations.  Mount Lassen is an active volcano, located only about an hour north of Chico, near Chester, California, the mountain town in which I grew up.  The drive, in and of itself, is a beautiful adventure, and one of my favorite drives of all time.  Highway 32, although very curvy, meanders alongside Deer Creek and provides gorgeous views of the creek, canyons and a variety of trees and lush greenery.Lassen Vocanic National Park is located in Northeastern California, and the nearest airports include Sacramento, California, and Reno, Nevada both around 160 miles away.  The park itself includes over 150 mil...
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
 July 2007 Market Report for Chico, CAby Sandi Bauman     Realtor, ABR, e-PRO         Chico Homes     2580 Sierra Sunrise Terrace, Suite 120     Chico, CA  95928     (530) 864-5407Search the entire Chico MLS here!  http://www.chicohomesearch.netHere are the numbers as reported by the Sierra North Valley MLS for the month of July, 2007.Market Statistics All MLS Statistics for:  Single Family Residences in the greater Chico area   Active:  617Average Price:  $424,216Average Days on Market:  107Total Listed in June:  186Total Sold:  66Percent Sold:  35.48%Average List Price Sold:  $336,3341Sale Price/List Price Ratio: 96.31%Average Days on Market Sold:  89Average List Price Unsold:  $392,845Percent Expired: 16.13%As a brief summary, it is apparent by comparing June's numbers to July's, tha...
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
My Time at Bidwell Park by Zachary Staggs, Age 13One of the first things that we did when we moved to Chico, CA was go to Bidwell Park.  We were surprised to see that there were a bunch of little spots along the creek with picnic tables and little barbecues. We pointed a few out, but my mom had to have the perfect spot. It had to have some shade, but not too much, and it had to be off the road a ways so that we had some privacy. But we finally found one, and piled out of the car.  It was a great spot!  My sister Alexa was 4, and we made a little shallow area for her. We even built a dam, and got the water pretty high. There's a log that sticks out toward the middle and reaches up out of the water, and Alexa loves to get on there and bounce on it, pretending it is a horse.  Right next to...
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
June 2007 Market Report for Chico, CAby Sandi Bauman     Realtor, ABR, e-PRO         Chico Homes     2580 Sierra Sunrise Terrace, Suite 120     Chico, CA  95928     (530) 864-5407Search the entire Chico MLS here!  http://www.chicohomesearch.netHere are the numbers as reported by the Sierra North Valley MLS for the month of June, 2007.Market Statistics All MLS Statistics for:  Single Family Residences in the greater Chico area   Active:  557Average Price:  $446,142Average Days on Market:  100Total Listed in June:  158Total Sold:  84Percent Sold:  53.16%Average List Price Sold:  $392,668Sale Price/List Price Ratio: 97.23%Average Days on Market Sold:  62Average List Price Unsold:  $421,418Percent Expired: 17.72%  If you are relocating or in the market to purchase or sell real estate in Chi...
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By Ryan Vaught
(Ryan Vaught Real Estate)
July 2007 ReportChico home sales are up year-to-date from last year. Roughly 15% more homes sold so far this year, than last year at this time. It is hard to argue that the market is tanking and slow with a figure like that.Much of the increase is from the chico condo inventory. Chico had several large condo developments, converted from apartments, hit the market last year. It took a while for this inventory to sell off.If you would like information on Chico condos, visit my new site, dedicated to Chico condoshttp://www.chicocondos.net/But regardless, this is great news.AbsorptionTake a look at a graph from my market report. This is an absorption rate chart. Red shows the homes off the market, green shows the homes on the market.In a stale market, you'd see quite the opposite of what yo...
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
 Absorption Rate and Pricing a Listingby Sandi Bauman, Realtor, e-PRO, ABRI was just re-introduced to the term "absorption rate" and how it applies to real estate.  Up in my neck of the woods, it's not a commonly used phrase, and as far as I know, not a common practice used when pricing a property.  Although the principle is one that I've used to an extent, (without remembering there was a term and formula for it) I think that I may explore utilizing the absorption rate information when working with a seller to price their property.Columnist Jerry Rossi explained it beautifully in the June 2006 edition of Realty Times.  http://realtytimes.com/rtapages/20060623_absorptionrate.htm  Be sure to check it out!  I actually thought my broker had put together Jerry's eloquent example for my excl...
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By Ryan Vaught
(Ryan Vaught Real Estate)
Ryan is a Realtor in Chico CA, and specializes in working with sellers. Below are his thoughts on virtual tours and internet marketing.Why do I pay for professional virtual tours on my listings? It is not because it is cheap, I will tell you that. For my current 15 listings, even with a volume discount, Chico Virtual Tours would charge me $100 a listing. That is $1500, before I ever see a dime, get an offer or open escrow. Why am I shelling out the big bucks for virtual tours?Before I start, I want to add a side note about virtual tours. They are not all the same. If it isn't high quality, or at least better than a still photo, it is not worth having. Why would I get a virtual tour that is low quality, when I would be better off taking a bunch of photos? There is no point, unless your t...
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
Sandi Bauman | Chico Homes | (530) 864-5407 039490003 RIVER RD, Chico, CA Almond Orchard!! Farm/Ranch offered at $1,700,000 Year Built Unspecified Sq Footage Unspecified Floors 0 Parking Unspecified Lot Size 127.55 acres Maint $0 per month DESCRIPTION According to seller, first 60 acres are in almonds that are approximately 20-25 years old. These older trees are mostly Tokyo and Peerless, with mixed interplanting. The second 60 acres were planted in 2004, and are coming into their 4th leaf. These are planted 50% Nonpareil, 24% Carmel, and 25% Butte. There is a large barn on the property with septic, electric, and a small well. Solid set fed by 3 diesel ag wells. see additional photos below PROPERTY FEATURES Solid set irrigation Large barn w/ electric, bath, well 3 Diesel ag wells Class...
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By Scott Gormley
(Oak Valley Mortgage-California Home Loans and Refinancing)
Virgil Cole with Keller Williams in Chico, California gives a testimonial about his experience as a Realtor, working with Scott Gormley and Oak Valley Mortgage. I'm looking for great Realtors across the California that are looking for a straightforward, no hassle lender that keeps clear lines of communication open at all times. Feel free to give me a call and we'll work together to get your clients into their next home in a smooth and timely fashion!Scott GormleyBroker/OwnerOak Valley Mortgage2006 Chico Assoc. of Realtors Affiliate ChairmanDirect: 530.592.8362Fax: 530.267.5555Website: http://www.CALoan.comBlog: http://www.CARealEstateBlog.com"You find the perfect home, we'll find the perfect loan!"
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By Scott Gormley
(Oak Valley Mortgage-California Home Loans and Refinancing)
If you are looking to purchase or refinance a home in California, don't hesitate to call me! We'll go through your personal situation and find the right loan product that matches up with your goals and objectives. We believe in straightforward, fair and hassle free home loan financing.Scott GormleyBroker/OwnerOak Valley Mortgage2006 Chico Assoc. of Realtors Affiliate ChairmanDirect: 530.592.8362Fax: 530.267.5555Website: http://www.ChicoLoan.comBlog: http://carealestateblog.com"You find the perfect home, we'll find the perfect loan!"
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By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
Sandi Bauman | Chico Homes | sandibauman@sbcglobal.net | (530) 864-5407 2291 Mulberry Street, Chico, CA Adorable Chico Bungalow! 2 Bdrm Single Family House offered at $210,000 Year Built 1935 Sq Footage 600 Bedrooms 2 Bathrooms 1 full, 0 partial Floors 1 Parking Unspecified Lot Size 6,534 sqft HOA/Maint $0 per month DESCRIPTION Adorable 1935 bungalow with white picket fence! It's hard to beat the price on this Chico gem. Property has had major upgrades in the past few years including a new roof, carpet, shower insert, paint, siding, stove and heater. see additional photos below PROPERTY FEATURES Living room Refrigerator Stove/Oven Washer Dryer Laundry area - inside Yard ADDITIONAL LINKS Map of property Website Mortgage calculator ADDITIONAL PHOTOS Seller contact info: Sandi Bauman Chic...
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By Scott Gormley
(Oak Valley Mortgage-California Home Loans and Refinancing)
Up to a $400 Appraisal Credit at the close of escrow on all Real Estate or Refinance loans! In appreciation for the hard work of teachers and professors at California State University,Chico, I would like to offer my services as an employee benefit. My name is Scott Gormley and I'm the Broker/Owner of Oak Valley Mortgage, located in Chico,California. We provide real estate loans, home equity loan and refinance solutions and debt consolidation.I graduated from CSU, Chico as a Business Major and received a great education while I attended the college. I met some great professors that encouraged my entrepreneurial spirit and in return I now support them!Teachers and Professors give so much back to our communities and I firmly believe gaining a higher education promotes many of the qualities...
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By Scott Gormley
(Oak Valley Mortgage-California Home Loans and Refinancing)
Have you ever been to Chico, California? It's a great place to visit and live! We get the change of seasons from cold winter days where you can get bundled up (not like back east though), to clean a Spring from the rain and sun with butterflys and wildflowers, leading into a hot summer where you can swim in the swimming pools followed by the multitude of colors on the tree leaves changing in fall. After living in Southern California for many years, the change of seasons certainly feels more natural and led to a change in lifestyle for me.With the change of seasons in Chico,California comes a great list of things to do in each season! Here's a great rundown for some things to do in Spring!Springtime in Chico,California  California Nut FestivalCycling/Wildflower Century RideThursday Night...
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By Scott Gormley
(Oak Valley Mortgage-California Home Loans and Refinancing)
$400 Appraisal Credit at the close of escrow on all Real Estate or Refinance loans! In appreciation for the hard work that Enloe Hospital employees extend to the Chico,California community, I would like to offer my services as an employee benefit. My name is Scott Gormley and I'm the Broker/Owner of Oak Valley Mortgage, located in Chico,California.I write weekly articles in the North Valley Real Estate Guide, put out by the Enterprise Record, labled "Mortgage News."I write monthly articles in Inside Out magazine. I was the 2006 Chairman of the Chico Association of Realtors Affiliatee Committee. The committee represents over 130 local businesses in Chico,California.I'm a straightforward person that works hard for my clients and I seek win/win relationships.Please don't hesitate to contac...
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By Scott Gormley
(Oak Valley Mortgage-California Home Loans and Refinancing)
It's that time of the year again in Chico,California! California State University,Chico...otherwise known as Chico State college students are getting their bags packed and ready to transfer up here. In the meantime, I've had several moms and dads call me up, looking to make an additional investment in their children...aside from an education! That's right, they're looking to purchase homes that their children can live in while they attend Chico State! I think this is a great idea! Here's why:You can rent out the additional space to bring in income off the property while your child attends school!You can get a great tax writeoff to help absorb the costs of your children going to college!You can help your children and/or yourself build equity in a home through appreciation! Your children ...
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