Last week in the Paradise real estate market there were 9 properties that went under agreement. 5 listings that closed escrow, and another 25 new listings that hit the market. Of the Paradise properties that that went under agreement and closed escrow, the majority were single family homes priced under $250,000 and manufactured homes.
Some great news for the market is the 30 year fixed mortgage rate that continues to remain at great lows, 6.05%. This is especially ideal for all those buyers out there that want to take advantage of the 25 properties that experienced price reductions last week. YES...that's right 25 price reductions. The Paradise real estate sellers are ready to negotiate and make a deal!
Broker Associate serving Butte County Buyers and Sellers since 1986. Currently Paradise Association of Realtors 2008 President. Specializing in relocations & retirement properties.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
Post a comment
Temporarily disabled — coming soon!