Chico MLS Single Family Homes
Last Week 
This Week 
Up or Down

Week Ending

10/31/2008

11/07/2008

Active homes for sale

394

377

Down 17

Median price, active

$350,000

$352,500

Up 2.5K

New listings

32

15

Down 17

Escrows opened

13

9

Down 4

Escrows closed

14

15

Up 1

Avg days on market

41

82

Up 82

SNVMLS Chico  1A to 1F
 
 
 

Search for Chico real estate through the MLS. Click here.
Source: Sierra North Valley MLS, Chico Urban Areas 1A to 1F

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According to stories in the Sacramento Bee and the Chico Enterprise Record, a man who was working in the Chico area has been indicted for mortgage fraud.
“Butte County District Attorney Mike Ramsey said Garrett Griffith Gililland III, 27, was working in the Chico area as an unlicensed mortgage broker when he allegedly produced fraudulent documents […]

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My client called me this afternoon. “Should I wire the money to Financial Title for my escrow?” I tell him I want to call first, to make sure they received the FedEx packet that went out to them yesterday. I have no idea that Financial Title won’t be answering my call, because they no longer […]

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If you know someone who is having trouble making their mortgage payments, have them check out this video from Freddie Mac on mortgage fraud. It may just save them their house.
The best way to avoid fraud is for you to call your lender directly for help. Don’t deal with people you don’t know who are […]

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The Chico Enterprise-Record warned readers today about the Craigslist scam I wrote about.
Laura Urseny included additional advice in her story, “Scammers find real estate a sweet target.”
Butte County District Attorney’s Office investigator Lamar Stewart reminds, “It’s something we say over and over, ‘If it sounds too good to be true, it probably is.’ “
He said […]

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Heard anyone say this lately? “It’s a Christmas miracle! On Craigslist, I found a wonderful house to rent for only $600 a month. God has answered my prayers.”
Everyone loves a miracle, but beware. This is a scam that just hit the Internet in Chico and New York.
The house is vacant and scammers post an accurate […]

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