Mark Wisterman's Paradise & Lake Oroville Real Estate Blog » for sale http://markwisterman.com Where information & technology meet to work for you Wed, 04 Jan 2012 21:35:22 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 “How’s The Market?” http://markwisterman.com/2011/05/17/hows-the-market/ http://markwisterman.com/2011/05/17/hows-the-market/#comments Tue, 17 May 2011 18:31:41 +0000 Mark Wisterman http://mwisterman.blogs.rwnetwork.com/?p=3256 As a long time (17 years and counting) real estate professional in the Lake Oroville real estate market,  I cannot count the number of times that I have people approach me and ask, “How’s the market?”

In the early, and inexperienced, years of my career I got somewhat caught up in the answer that every real estate “salesperson” used: “Oh, it’s great. I have lots of transactions going, and I am really busy!!” As I matured in the business (or just got too old tForeclosure Filings-95965o hype things anymore), I realized that the pat answer that everyone else was giving was not what inquiring minds wanted to know. People  wanted to know what market conditions really were. Not some pie-in-the-sky, feel good answer. Problem was, back in 1994,  there was no easy way (remember, Al Gore was just inventing the Internet in those days) to gather the data necessary to actually provide any reliable and timely reporting aboutOroville real estate market conditions.

Wow, how times have changed….or have they? I still hear people asking about the market and I still hear nearly all the real estate sales people using the same cliche’d responses. What  I have strived to do on this blog site over the past 2 years is to provide an opportunity for you to see for yourself  how the market is doing, in an unbiased, straightforward approach. Letting you see the stats for yourself.   The leaps and bounds that technology has taken now makes it possible for you to avoid the “opinions” about the market and allows you to draw your own conclusions. Afterall, the market is not driven by opinions, it is driven by the numbers.

My latest tool, that I am making available to you, is data that shows the latest and greatest information about the Oroville foreclosure market. The charts included in this posting show the trend of foreclosure filings over the past year for the Oroville real estate market areas of  zip codes 95965 and 95966, but I am also able to provide Foreclosure Filings-95966more indepth charts as I expand my foreclosure reporting to you.

I am holding myself back from giving my take on what these two charts might be telling us, because I would like to hear from youabout what you think. Click the comment button at the top of this post to chime in.

If you would like a bigger view of these charts, simply CLICK HERE or on one of the charts.

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]]> http://markwisterman.com/2011/05/17/hows-the-market/feed/ 1 Weekly Oroville Sales Update http://markwisterman.com/2011/03/07/weekly-oroville-sales-update/ http://markwisterman.com/2011/03/07/weekly-oroville-sales-update/#comments Mon, 07 Mar 2011 21:25:37 +0000 Mark Wisterman http://mwisterman.blogs.rwnetwork.com/?p=3235  Here are the weekly sales numbers for the Lake Oroville real estate market. Not too much about which to comment this week. 

 It is good to see the sales volume for Oroville homes sold to break through the $1 million mark. Inventories are holding steady but remain at nearly a 2 year low.  Unfortunately, for Oroville sellers, bank-owned properties, as a percentage of total Lake Oroville listings, are still the highest they have been since I began tracking these numbers.

You can also access this weekly report at my facebook page: REALTYWORLD.CA

MLS Stats for Oroville Area Week Ending Week Ending Weekly % 
  2/24/2011 3/3/2011 Change
       
# of Total Sales 7 11 57.14%
       
# REO/Short Sales Sold (SS) 3 7 133.33%
       
% Sales that are REO/SS 42.86% 63.64% 48.48%
       
Avg. List Price $143,000 $118,408 -17.20%
       
Avg. Sold Price $135,921 $113,082 -16.80%
       
Sold Price % of Listing Price 95.05% 95.50% 0.48%
       
Avg. Days On The Market 110 105 -4.55%
       
Total Sales Volume $951,450 $1,243,900 30.74%
       
# of Single Family Listings 233 232 -0.43%
       
# Foreclosed On Market 48 48 0.00%
       
% of Foreclosed on Market 20.60% 20.69% 0.43%
       
# Short Sales on Market 17 22 29.41%
       
% Short Sales on Market  7.30% 9.48% 29.97%
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]]> http://markwisterman.com/2011/03/07/weekly-oroville-sales-update/feed/ 0 Lake Oroville Sales Week http://markwisterman.com/2010/02/27/lake-oroville-sales-week/ http://markwisterman.com/2010/02/27/lake-oroville-sales-week/#comments Sat, 27 Feb 2010 23:52:57 +0000 Mark Wisterman http://mwisterman.blogs.rwnetwork.com/?p=2530  Another ho-hum week for Lake Oroville real estate market as sales activity continues to under perform. But once again we find that the inventory of Oroville homes for sale has dropped to another low. 

If the current activity in the office of our Oroville market is any indication we may soon be seeing a change in these sales numbers. Our Oroville agents have been very busy this week showing property and writing offers. It is good to see that maybe the spring-like weather is bringing buyers out.

If you are thinking of selling, now might be the time to get your home on the market.

MLS Stats for Oroville Area Week Ending Week Ending Week Ending Weekly % 
  2/8/2010 2/15/2010 2/22/2010 Change
         
# of Total Sales 8 9 8 -11.11%
         
# REO/Short Sales Sold (SS) 5 4 5 25.00%
         
% Sales that are REO/SS 62.50% 44.44% 62.50% 40.63%
         
Avg. List Price $156,674 $108,188 $116,644 7.82%
         
Avg. Sold Price $149,800 $98,722 $109,500 10.92%
         
Sold Price % of Listing Price 95.61% 91.25% 93.88% 2.88%
         
Avg. Days On The Market 303 67 53 -20.90%
         
Total Sales Volume $1,253,392 $973,692 $933,152 -4.16%
         
# of Single Family Listings 308 291 287 -1.37%
         
# Foreclosed On Market 36 35 31 -11.43%
         
% of Foreclosed on Market 11.69% 12.03% 10.80% -10.19%
         
# Short Sales on Market 49 46 44 -4.35%
         
% Short Sales on Market 15.91% 15.81% 15.33% -3.01%
         
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]]> http://markwisterman.com/2010/02/27/lake-oroville-sales-week/feed/ 0 Yelp Us to Help Us http://markwisterman.com/2009/10/26/yelp-us-to-help-us/ http://markwisterman.com/2009/10/26/yelp-us-to-help-us/#comments Mon, 26 Oct 2009 18:40:19 +0000 Mark Wisterman /?p=1724 The explosion of online social networking has added a whole new dimension to the information age. It is easier than ever to reconnect with old friends, classmates, long lost relatives, etc. As a real estate professional who sees the value in these networks, I am continually looking for new online opportunities in the internet world of social networking  in order to enhance the services I provide to my clients.yelp-logo

One of these opportunities is a site named Yelp. Using this site allows you to write reviews and comment on your experiences on any number of businesses. These reviews and comments are placed online for anybody to read. You can use Yelp to tell everyone about your last dining experience, or you can let the world know how the service was at the local quick lube place, or you can comment on your customer service experience at your favorite coffee shop.

When done in a constructive manner, these comments and reviews not only provide valuable information to consumers, but also allow business owners, like myself, another opportunity to make sure that service levels are the best they can be.

At this point there are relatively few people in the Oroville real estate market aware of Yelp. I feel so strongly about the importance of knowing how our clients feel about the services we provide that I signed up our company with the service as soon as I heard about it 6 months ago.  I also have placed a link of each of my team members blog sites so you have easy access to the site.

Please take advantage of this FREE service and sign up to provide feedback to not only us but to any business of your choosing. You can either click on the logo in this posting or in the logo to the left.

Oroville real estate. Chico homes for sale, gridley listings, Paradise listings, Butte County property.

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