Northern California

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Comment by Denise Stovall on October 30, 2009 at 10:49am

Today I am thankful for the internet and the ability to telecommute. I am one of those people grateful not to have to get in the "Bay Bridge" emergency closure "car pile up".


I have stopped giving my opinion on the status of inventory and when it will increase...my best advice is strategy and preparness.

Good day all.

Denise Stovall

Comment by Denise Stovall on August 17, 2009 at 10:11am

Week of August 17th - Real estate has taken a step down in today's news to wild fires...tis the season. Hope all effected clearly are out of harms way. Hoping to hear information about the $8k Tax Credit program my lender and broker seem to think it is going to be revised and extended. Has anyone else hear this?

Denise Stovall
Sonoma County
Norther California

Comment by Wolfgang Croskey on July 23, 2009 at 7:07pm

We were contacted by tenant access, filled out their application, and were accepted.

Comment by Patricia Mitchell on July 23, 2009 at 6:53pm

It’s time for me to be a part of REOPRO, gaining knowledge from its members and contributing as I can.

I’m new at belonging to groups so keep me in line!!

I work with my husband and partner of 40 years. We are Realtors in Shasta County, and work in Redding, Cottonwood, Anderson, Shasta Lake City and more.

We are often monthly top performers in our office of over 50 agents and we’re in the top 10% in Shasta County.

The harder we work the more successful we become!

I look forward to working with you all.

Patricia Mitchell, CRS, e-Pro, GRI
REP-GMAC
Redding, CA
www.ReddingRealEstate.info

Comment by Jonathan on July 17, 2009 at 12:45am

Has anyone in the group been contacted by Tenante Access?

Comment by Jonathan on July 17, 2009 at 12:24am

Hey group keep you eye's and ears open. I'm currently looking for a Buyer's Agent to cover Sacramento and surrounding counties. More leads than we can follow up with and its only gonna get increase when inventory picks up. If anyone has a referral that would be great!!!

Comment by Monica Oakes on July 10, 2009 at 2:42pm

Yes Sam you are correct.The properties are not being maintained by anyone.Most banks do not have a 3rd party checking on them and they are just sitting.When it gets down to closing it is going to be so many violations it is going to be tough to clear them.State and county makes money.It is a game they are playing to generate finances.This is just my theory....

Comment by Sam Longwell on July 10, 2009 at 2:17pm

One of my Assest Managers had his quarterly meeting with Northern California agents. He represents a small bank and has 1200-1500 REOs for us but the Bank will not tell him when they will be released. The Sacramento Bees article last month said that Sac County has over 10,000 REOs not yet released by the banks. and El Dorado County has 1200 not yet released. These are not the ones on hold by the moritorium, these are ones that they have already foreclosed on. Maybe they are holding on for more money from the Feds????

Comment by Wolfgang Croskey on July 10, 2009 at 12:46am

Johnny,
I hear you. We are running out of inventory and homes are going way above asking price. I say let the inventory go, but then there is that dang 90 day lock.

Comment by Johnny Huang, MBA, CDPE, RDCPro on July 10, 2009 at 12:42am

When's this "flood" going to start? Inventory is running out in some areas and higher bids are a must in some areas if buyers want the house.

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