Looming Deadline Could Doom Your Loan

Take heed Lake Oroville area home buyers.  You may be about to have your home buying plans moved to the sidelines.

This information is also valuable to  Oroville home sellers as it is entirely possible that the pool of potential home buyer could be shrinking.

Watch this latest video for a brief explanation for why this may happen to you.

http://www.youtube.com/watch?v=QNLLfcdf2s0

The post Looming Deadline Could Doom Your Loan appeared first on Mark Wisterman’s Oroville, Chico & Paradise Real Estate Blog.

Yes, There is Still Water In California

Enjoy the latest home video tour from our production department. We are seeing a great deal of success with our video tour of  homes in the greater Lake Oroville area real estate market. There is no hiding the fact that the Oroville real estate market cannot be characterized as a “large” market but the response to our video home tours is bigger than that of some of the agents doing video tours in their much larger markets.  Enjoy the tour!

The post Yes, There is Still Water In California appeared first on Mark Wisterman’s Oroville, Chico & Paradise Real Estate Blog.

Take Your Guided Tour Here

Ok, Oroville real estate home searchers. Here is another new video property tour from the Lake Oroville real estate market!

 

The post Take Your Guided Tour Here appeared first on Mark Wisterman’s Oroville, Chico & Paradise Real Estate Blog.

New Property Video Tour Premier

Welcome to my newest video tour for the Lake Oroville area real estate market.

I hope these videos are helpful to all of you looking for a home for sale in the real estate market of Oroville. I always appreciate any feedback you are willing to give me about these Oroville home property videos.

The post New Property Video Tour Premier appeared first on Mark Wisterman’s Oroville, Chico & Paradise Real Estate Blog.

Weekly Market Report

 

Hello once again everyone and welcome back to my latest report on market activity for the Lake Oroville real estate market.

As has been the case over the last number of weeks, this weeks market activity is extremely light. While it is good for sellers that values have improved, it would not be a healthy situation if the weekly number of homes selling stays at the level at which it currently finds itself. In fact, sales numbers for the first two months of 2014 have Oroville homes sales on the slowest pace in over 6 years.

It will be interesting to see what kind of bounce the Oroville real estate market  get during the historically busier Spring months of  March, April, and May

 

MLS Stats for Oroville Area Week Ending Week Ending % Change 6 Month
2/27/2014 3/6/2014 Previous Week Average
# of Total Sales 7 6 -16.67% 9
# REO/Short Sales Sold (SS) 1 4 75.00% 2
% Sales that are REO/SS 14.29% 66.67% 78.57% 24.31%
Avg. List Price $146,257 $136,650 -7.03% $156,017
Avg. Sold Price $135,286 $134,583 -0.52% $150,150
Sold Price % of Listing Price 92.50% 98.49% 6.08% 96.39%
Avg. Original List Price $146,543 $146,917 0.25% $164,190
Sold Price % of Original Price 92.32% 91.60% -0.78% 91.72%
Avg. Days On The Market 37 52 28.85% 76
Total Sales Volume $947,000 $807,500 -17.28% $1,310,408
# of Single Family Listings 180 181 0.55% 169
# Foreclosed On Market 10 11 9.09% 13
% of Foreclosed on Market 5.56% 6.08% 8.59% 7.92%
# Short Sales on Market 11 11 0.00% 9
% Short Sales on Market 6.11% 6.08% -0.56% 5.17%
Days of Inventory Left 180 211 14.76% 157
Data compiled from the CRMLS multiple listing service for single family homes in the
Greater Oroville real estate market area including the areas of Oroville, Palermo, Concow,
Forbestown, Bangor, Berry Creek, Brush Creek, Honcut, Yankee Hill
Information deemed reliable but not guaranteed.
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The post Weekly Market Report appeared first on Mark Wisterman’s Oroville, Chico & Paradise Real Estate Blog.