Shasta County Category
SECRET WHISKEYTOWN HIKE INCLUDES HISTORY LESSON
September 15th, 2008
By Brad Garbutt
A hundred years ago, this ditch was dug to deliver precious water to the Tower House District and the Camden’s mill and gardens. In 2000 this, historic ditch was restored, requiring considerable effort and expense by staff from Whiskeytown National Recreation Area, including flumes that carry the water around a sharp bend and steep cliff [...]
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REDDING/SHASTA RESIDENTIAL SALES STATS FOR AUGUST
September 14th, 2008
By Brad Garbutt
Sales data for August tallied 189 home sales for the month. That is an 11% increase compared to August 2007. 90% of those homes that sold were listed at $400,000 or less. By far the most active price range was the $200,000-$250,000 price bracket representing 27% of all sales (51 units).
If you don’t think there are any affordable homes [...]
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REDDING HOME INVENTORY LEVELS HOLDING STEADY
September 13th, 2008
By Brad Garbutt
Based on data from the Shasta MLSthere are only 1887 homes for sale in the Greater Redding area. This includes some listings in Tehama County and the Intermountain communities of Burney, Fall River and Bieber.This compares to a low of 1550 last winter and nearly 2500 last summer.
Of the homes available today (active), 113 are REO’s [...]
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REDDING SEES SPIKE IN MOTORCYCLE DEATHS
September 13th, 2008
By Brad Garbutt
Blame it on high gas prices or stupidity, there is no denying this has been a bad year for local motorcycle deaths. It seems like every week or two someone is dying or being seriously injured while riding their bikes, sometimes foolishly.
Yesterday, a motorcyclist was speeding at speeds estimated to be 145 MPH on I-5 [...]
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NORTHERN CALIFORNIA HOME TO PAR 90 GOLF COURSE
September 12th, 2008
By Brad Garbutt
None other than John Daly would attach his name to a 10,000+ yard golf course near Redding. That’s right, all 18 holes at Sevillano Links can be played as par 5 if you’re up to the challenge. If not, this course can also be played as a more conventional 72-par with only 5500 yards. Located [...]
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HR 3221 CHANGES IN PROCESS OF BEING DEFINED
September 12th, 2008
By Brad Garbutt
Our federal legislative bodies write laws and The President signs them into law (sometimes) then others must interpret the meaning of the legislation and codify it into law. This process is underway to implement this sweeping housing bill.
There will be changes to capital gains laws for investors that move into their rental property hoping to [...]
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FIRE WOES, FREDDIE/FANNIE WOES SHARE COMMON DENOMINATOR
September 12th, 2008
By Brad Garbutt
For many years now, locals have been vociferous about the build up of volatile fuels in the national forests around Redding. The once vibrant timber industry, that was a major part of the local economy, has dwindled to a few dominant corporate giants that survived because they own their own tracts of timber. The spotted [...]
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HOUSING SLUMP HAS UPSIDE FOR BUYERS
September 11th, 2008
By Brad Garbutt
Besides the obvious advantage the real estate market downturn has created for buyers looking for bargains, the silver lining could be a lower property tax bill for years to come. Prop 13, passed by voters in 1978, dictates the sale price be used, in most cases, to set a home’s value for tax assessment purposes. [...]
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