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This week I’ll be looking at the sales activity for single family residences in the six urban areas of Chico as reported in the Sierra North Valley MLS covering April 19th through the 25th. As of Friday there are three hundred sixty three homes currently available, including twenty one new listings added during the week. [...]

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This week I’ll briefly look at what a ‘HUD Home’ is. HUD refers to the U.S. Department of Housing and Urban Development. A HUD Home is a one to four unit residential property which the Dept. of Housing and Urban Development has acquired through a foreclosure action on an FHA insured loan. Initially when one [...]

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For the week covering April 5th and ending on April 11th there were three hundred sixty three active single family residences listed in the Sierra North Valley MLS covering the six urban areas of Chico. In total the average days on the market (DOM) for these homes is ninety nine, while the average asking price [...]

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This week I’ll be looking at the results for single family residence sales as reported in the Sierra North Valley MLS for the first quarter of 2008. In total there were one hundred twenty five single family homes sold during this time frame. In comparison to the first quarter of 2007, this number reflects an [...]

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During the week covering March 22nd through the 28th, there were a total of seventeen new single family residence listings added to the Sierra North Valley MLS for the six urban areas of Chico ranging in price from $254,900 for a three bedroom, two bath home with 1,214 square feet to $680,000 for a four [...]

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