If you are looking for a terrific deal on a place to live with great privacy, this is it. It’s located in the Quail Ridge Ranches neighborhood, off a paved road. Behind the gate, and out of sight, up the long gravel driveway, is the 1995 model manufactured home, not on a permanent foundation. There are also a few other potential building sites on this rolling and oak studded 11.94 acres, so you could live in the current home while building a dream home on a bluff with mountain views. There is a lot of natural beauty here. And did we mention privacy? You can call us for more details, or have your Shasta or Tehama County Realtor show it to you. Just $110,000. There are a few more images of this Cottonwood home at the link, and here’s a short video we did about the property.
We’ve mentioned this here before. Based on real estate maps, somebody had great ambitions for the town of Keswick. Streets and boulevards are laid out, and remain on maps even now. Today, however, you will find no evidence of a grand town at the current site of Keswick. It’s a dusty shell of an unrealized grand vision.
This came to mind today after reading Dottie Smith’s interesting blog post about Lord Keswick. Lord Keswick owned the big mine. All we are left with today is the big hole in the mountain, and the many problems it is still creating, basically. Where did all the mineral wealth go? Certainly not to the town of Keswick, nor apparently Shasta County in general.
At least the vegetation is growing back at Keswick. It would be fascinating to follow the money though. Did Lord Keswick build castles in England or something? Anyone know?
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Woke up today to a disconcerting message in my inbox from my daughter and colleague, Erin. Something cryptic and sexual, blah blah, with a link.
Probably, you’ve seen these types of messages. Somebody has you in their list of email contacts, and you get an unexpected and inappropriate email “from” them. Unless you’re something of a novice at email, it’s usually instantly recognizable. Don’t click that link!
If you do, you’ll probably become the next victim. All your contacts get spammed.
Erin is anything but a novice, so this was really unexpected. How did she get hacked? Was it Facebook, or Twitter? Facebook is notoriously insecure. Was it just a robot? Malicious bot program script built to just hammer at your accounts until they find a weak password?
We may never know.
But the instant results are intense embarrassment. All your contacts just got that dangerous spam. The implication is that you were foolish enough to let the hacker in somehow, and now not only are you violated, but you may have helped violate the security all the people with whom you regularly communicate. Oh man.
We work in a reputation based field. This attack has harmed us. Erin changed her password immediately, and for now, there have been no more events. She sent a warning out to her contacts, and an apology.
Apologizing for the unintended effects of a malicious attack from persons, or robots unknown. Grrr.
I’m changing my password immediately to a stronger one, and suggest that you readers might want to do the same. This was something of a rude wake up call, if even web-savvy Erin can be hit. I sincerely hope this is the end of it. We’ve always had good luck with Hotmail, but all things Microsoft seem to be frequent targets. Perhaps we need to seriously look at email alternatives.
Dear unknown hacker. What goes around, comes around. You may escape detection for now, but nobody escapes Karma.
More like how few. Recent headlines about how the impending lowering of Conforming Loan limits will have an impact on the already bruised California housing market may be sensational, but will have little impact locally. Here’s an example.
No big deal for us. Here’s why. Only one house in that price range even sold around here last month.
Click to enlarge the data. There’s just not much activity above $600K around here. Interesting too that the one sale cited here started at a hopeful $895K, but ended up selling for $650K. No doubt $650K will buy you a lot of house around here.
I suppose the new rule could have some impact on Southern California and Bay Area home prices. That may in turn affect high end home sales here. But again, how much is that? Sure, there are always a few. But it will have little impact on our overall housing market. And all real estate is local. I think home builders have been somewhat fooled over the last several years by looking back on what sold before. They assume a level of expectation that exists only among a rare strata of homebuyers. Builder beware.
Once a week, our office piles into cars and goes out looking at newly listed homes for sale. We liked this one on West Street a lot. Watch in HD.
Its listed by Diana Ward from the Westside Coldwell Banker Office. If you’re interested in buying or learning more, call or text us.
Call or Text (530) 255 4070
Big changes are in store for the mortgage market. They have to be. One of the ideas getting more notice is that a big cause of the real estate bubble explosion was the easy availability of home loans requiring nothing, or little downpayment. It’s a quick choice to walk away from an underwater home with no money at risk. At least when it’s not your money, apparently. It turned out to be taxpayer money, but that’s another story. This article talks about the return of the 20% downpayment, and the implications. First Tuesday is an excellent source of insider info on the real estate industry. They pull no punches.
I’ll have to admit, we’ve had several clients recently who could not have purchased with a 20% downpayment hurdle to overcome. Buying a home in the current depressed market was good for them, and good for the market, so it’s hard to argue that increasing barriers is prudent. But it seems to me that the 20% medicine will serve the ailing housing market best in the long term. Short term, it will be tough medicine to swallow.
Link to the 20% down article here.
Turns out there’s a quite a range between the most expensive home market and the least. You can check out where Redding sits at the CB website. Well worth a look. The numbers I ran show a 4 bedroom home selling for $150K in Redding would be $550K in Cupertino. And $30K in Niagra Falls New York. Interesting stuff.
Times must be tough indeed for new home builders. Well no point in dwelling on it. Blow them out and move on. Here are 4 spanking new homes being sharply reduced to the bone, from the builder boys (and girls) at Palomar. Big drops by any standard. Jeb Allen always seems to keep a crew working even if he isn’t making a buck. Somebody needs to do it. Anyway, thanks Jeb. Meanwhile somebody is getting a smokin’ deal on these 4.
there’s nothing like new
609 Grants Pass is a 1618 sqft 3/2. It had been $259,800, but now is being blown out at $238,900, at $21K drop. Profit margin? Who needs that? We have homes to build.
772 Grants Pass is a big 2068 sqft 4/2. It had been $329,800, but is being pushed out at $289,800, a drop of $40K. It only hurts when you think about it. So don’t.
632 Durango is an even bigger 2118 sqft 4/2. It had been a hopeful $332,800, but capitulation says now it’s $294,800. At least the subs got paid.
667 Mill Valley is our favorite of the bunch. Had been $358,800, but now it’s less, at $318,800, a swift $40K kick to the groin. It’s a 1908 sqft 4/2. We took some more photos of this one, because we liked it so much.
Call us up and we can show you more. You’re not kicking him when he’s down. You’re helping yourself to a sweet deal. Call or Text (530) 255 4070
The headline screams bad news. Yet it could have just as easily read “Redding homes become more affordable.” Both ways of looking at the story are equally valid. Maybe it’s simply a question of glass half full or half empty, but it seems to be a pattern. I understand bad news sells papers. But it’s frustrating. Our local economy limps and wobbles, and yet it seems often our local newspaper can only kick at it.
I know I’m not alone in harboring a growing frustration at the paper’s editorial direction. And even more so at their website, having seized the very domain name of our community, redding.com. How it supposedly represents us. Nobody wants the local paper to be a lapdog to small town business interests. But serious question, do you guys even like Redding?
Shasta Association of Realtors awarded eleven scholarships to local students at a dinner held on June 1st at the Riverview Country Club.
Certificates for scholastic achievements were presented to the following along with checks to the schools of their enrollment:
A $1500.00 scholarship went to Anthony Papac who is attending Harvard University, $1500.00 to Angelise Sacco who is attending Sonoma State, $1000.00 House of Realty honoring the late Bob Middleton, scholarship to Mitchell McCarthy who is attending Boise State University, A 1000.00 Homer “Bucky” Bucklen honoring the late Past President of the Shasta Association of Realtors went to Jill D’Amico who is attending Berkeley, and a $1000.00 scholarship in the name of Marie Whitacre went to Kevin Middleton who is attending Chico State University,. A $1000.00 Shasta Association scholarship went to Amanda Rollins who is attending University of Santa Cruz, $500.00 Shasta Association of Realtors scholarships went to Ashley Lewis who is attending Chico State University, Michel Chord, who is attending San Jose State University, and Jennifer Lynn Verardo who is attending Hyles Anderson College, Britainne Pederson who is attending Azuza Pacific University and Chase Johnston who is attending Universal Technical Institute in Sacramento.
Funding for scholarships is donated by the local Realtors giving back to their community and recognizing the achievements of these students. This is the 25th year that the local association has acknowledged local students for scholarships.
Pictured from left to right front row, Amanda Rollins, Jill D’Amico, Ashley Lewis, back row, let to right, Mitchell McCarthy, Chase Johnston, Anthony Papac, Kevin Middleton. Missing from the photo, Britainne Pedersen and Angelise Sacco.