Lake Oroville’s Christmas Spirit

As I said before: The Lake Oroville real estate market is certainly not short of it’s share of parades.

In case you missed it, or it was just too darned cold outside for you, here is a short video of the parade with only one small complaint. Can someone control the number of Santa Claus’s that are in the parade?  As one 4 year old girl put it. “There were 5 Santas in the parade and there is only supposed to be one Santa!”

 

MERRY CHRISTMAS EVERYONE

 

It’s Deja Vu All Over Again!!

Welcome to Deja Vu all over again for the national real estate market!!

Do you think that this industry will ever learn why the real estate market fell nearly into oblivion over the past 6 years? I don’t.  Here is the web page from CNBC that discusses the new lower down payment for first time home buyers  program aimed at “helping” first time home buyers to get a loan with nearly nothing down.  As a 20 year veteran of the Lake Oroville real estate market I am disappointed to see that the government thinks that the best medicine for the long term stability of the housing market is LOWER  down payments. What is even more disappointing will be when the lenders start showing up in real estate offices across this country touting these new programs as “great deals for buyers.”  And just think how many more homes all you agents will sell with this new program!

Will there never be an end to the perception that buyer’s are so irresponsible and undisciplined that they are inept about saving money for a down payment. ( And by the way, if you are not disciplined or responsible enough to take the time to save up a down payment, you may not be ready for home ownership).  The trend here should be that there be a gradual INCREASE  in down payment requirements not a decrease.  This will make the market much more stable when the next down turn occurs and  will keep the bottom from completely falling out again.

Oroville’s Veterans Day

If there is anything the Lake Oroville real estate market is short of,  it certainly is not parades.

Oroville’s annual Veterans Day Parade took place as planned today. The turnout to watch it was not the greatest in the whole wide world but it was a very nice tribute to those who have served, and are currently serving this great country of ours.

I thought I would share a little bit of the days festivities with you and maybe we can get the attendance up a little bit next year.

Thanks to all of you who serve.

 

Let Us Not Forget

There are absolutely no words to describe my feelings about this day. I remember waking up on that particular morning, 13 years ago, and turning on the TV, as I usually did then, to the Today Show and seeing one of the towers on fire.

The reports were that a plane had hit the tower. They did not at that time say what type of plane it was so I assumed that a small private plane had slammed into the building. Until, that is, after a few minutes of watching the news coverage, I saw the second plane come into view as it approached the second tower. A split second later a fireball erupted from the second tower.0911_big

Then the report came that another plane had hit the Pentagon. Moments later the South Tower collapsed, which was followed by a report that a plane had gone down in Pennsylvania. Directly on the heels of this, the North Tower collapsed.

All I could do was to stare helplessly at the TV, and say, “What the heck is going on.” It was, and still is, an unbelievable time in our country’s history. Events that would change us all forever. And not for the better I might add.

So today I ask you to pay tribute to not only those who have borne the brunt of this vicious, cold blooded attack on our fellow citizens, and the freedoms that make America the great country that it is, but also to those brave men and women who went off to war in far-away places to battle back against such barbaric behavior.

Let us NEVER forget this day, and always keep the victims,their families, and those who made the ultimate sacrifice to in defending this country  in our prayers.

I have listed the names of each of the victims here. The names below were those who were lost in the Twin Towers.

The list of victims is so overwhelmingly long that I could not fit them on to one page. Links to victims of the Pentagon, as well as the passengers of each of the aircraft are below.

 

Gordon M. Aamoth, Jr. Stephen Paul Lefkowitz
Edelmiro Abad Adriana Legro
Maria Rose Abad Edward Joseph Lehman
Andrew Anthony Abate Eric Andrew Lehrfeld
Vincent Abate David Leistman
Laurence Christopher Abel David Prudencio Lemagne
William F. Abrahamson Joseph Anthony Lenihan
Richard Anthony Aceto John Joseph Lennon, Jr.
Jesus Acevedo Rescand John Robinson Lenoir
Heinrich Bernhard Ackermann Jorge Luis Leon
Paul Acquaviva Matthew Gerard Leonard
Donald LaRoy Adams Michael Lepore
Patrick Adams Charles A. Lesperance
Shannon Lewis Adams Jeff Leveen
Stephen George Adams John Dennis Levi
Ignatius Udo Adanga Alisha Caren Levin
Christy A. Addamo Neil David Levin
Terence E. Adderley, Jr. Robert Levine
Sophia Buruwad Addo Robert Michael Levine
Lee Allan Adler Shai Levinhar
Daniel Thomas Afflitto Adam Jay Lewis
Emmanuel Akwasi Afuakwah Margaret Susan Lewis
Alok Agarwal Ye Wei Liang
Mukul Kumar Agarwala Orasri Liangthanasarn
Joseph Agnello Daniel F. Libretti
David Scott Agnes Ralph Licciardi
Brian G. Ahearn Edward Lichtschein
Jeremiah Joseph Ahern Steven Barry Lillianthal
Joanne Marie Ahladiotis Carlos R. Lillo
Shabbir Ahmed Craig Damian Lilore
Terrance Andre Aiken Arnold A. Lim
Godwin Ajala Darya Lin
Gertrude M. Alagero Wei Rong Lin
Andrew Alameno Nickie L. Lindo
Margaret Ann Alario Thomas V. Linehan, Jr.
Gary M. Albero Robert Thomas Linnane
Jon Leslie Albert Alan P. Linton, Jr.
Peter Alderman Diane Theresa Lipari
Jacquelyn Delaine Aldridge Kenneth Lira
David D. Alger Francisco Alberto Liriano
Sarah Ali-Escarcega Lorraine Lisi
Ernest Alikakos Paul Lisson
Edward L. Allegretto Vincent M. Litto
Eric Allen Ming-Hao Liu
Joseph Ryan Allen Nancy Liz
Richard Dennis Allen Harold Lizcano
Richard Lanard Allen Martin Lizzul
Christopher E. Allingham George A. Llanes
Janet M. Alonso Elizabeth C. Logler
Arturo Alva-Moreno Catherine Lisa Loguidice
Anthony Alvarado Jerome Robert Lohez
Antonio Javier Alvarez Michael William Lomax
Victoria Alvarez-Brito Laura Maria Longing
Telmo E. Alvear Salvatore Lopes
Cesar Amoranto Alviar Daniel Lopez
Tariq Amanullah George Lopez
Angelo Amaranto Luis Manuel Lopez
James M. Amato Joseph Amatuccio Manuel L. Lopez
Christopher Charles Amoroso Joseph Lostrangio
Kazuhiro Anai Chet Dek Louie
Calixto Anaya, Jr. Stuart Seid Louis
Joseph Anchundia Joseph Lovero
Kermit Charles Anderson Jenny Seu Kueng Low Wong
Yvette Constance Anderson Michael W. Lowe
John Andreacchio Garry W. Lozier
Michael Rourke Andrews John Peter Lozowsky
Jean Ann Andrucki Charles Peter Lucania
Siew-Nya Ang Edward Hobbs Luckett
Joseph Angelini, Jr. Mark Gavin Ludvigsen
Joseph Angelini, Sr. Lee Charles Ludwig
Laura Angilletta Sean Thomas Lugano
Doreen J. Angrisani Daniel Lugo
Lorraine Antigua Marie Lukas
Peter Paul Apollo William Lum, Jr.
Faustino Apostol, Jr. Michael P. Lunden
Frank Thomas Aquilino Christopher Lunder
Patrick Michael Aranyos Anthony Luparello
David Arce Gary Frederick Lutnick
Michael George Arczynski William Lutz
Louis Arena Linda Anne Luzzicone
Adam P. Arias Alexander Lygin
Michael Armstrong Farrell Peter Lynch
Jack Charles Aron James Francis Lynch
Joshua Aron Louise A. Lynch
Richard Avery Aronow Michael Cameron Lynch
Japhet Jesse Aryee Michael F. Lynch
Patrick Asante Michael Francis Lynch
Carl Asaro Richard D. Lynch, Jr.
Michael Asciak Robert Henry Lynch, Jr.
Michael Edward Asher Sean P. Lynch
Janice Marie Ashley Sean Patrick Lynch
Thomas J. Ashton Michael J. Lyons
Manuel O. Asitimbay Monica Anne Lyons
Gregg Arthur Atlas Patrick Lyons
Gerald T. Atwood Robert Francis Mace
James Audiffred Jan Maciejewski
Louis Frank Aversano, Jr. Catherine Fairfax Macrae
Ezra Aviles Richard Blaine Madden
Sandy Ayala Simon Maddison Noell Maerz
Arlene T. Babakitis Jennieann Maffeo
Eustace P. Bacchus Joseph Maffeo
John J. Badagliacca Jay Robert Magazine
Jane Ellen Baeszler Brian Magee
Robert J. Baierwalter Charles Wilson Magee
Andrew J. Bailey Joseph V. Maggitti
Brett T. Bailey Ronald Magnuson
Tatyana Bakalinskaya Daniel L. Maher
Michael S. Baksh Thomas Anthony Mahon
Sharon M. Balkcom William J. Mahoney
Michael Andrew Bane Joseph Daniel Maio
Katherine Bantis Takashi Makimoto
Gerard Baptiste Abdu Ali Malahi
Walter Baran Debora I. Maldonado
Gerard A. Barbara Myrna T. Maldonado-Agosto
Paul Vincent Barbaro Alfred Russell Maler
James William Barbella Gregory James Malone
Ivan Kyrillos F. Barbosa Edward Francis Maloney III
Victor Daniel Barbosa Joseph Maloney
Colleen Ann Barkow Gene Edward Maloy
David Michael Barkway Christian Maltby
Matthew Barnes Francisco Miguel Mancini
Sheila Patricia Barnes Joseph Mangano
Evan J. Baron Sara Elizabeth Manley
Renee Barrett-Arjune Debra Mannetta
Nathaly Barrios La Cruz Marion Victoria Manning
Arthur Thaddeus Barry Terence John Manning
Diane G. Barry James Maounis
Maurice Vincent Barry Joseph Ross Marchbanks, Jr.

9-11(a)

Scott D. Bart Peter Edward Mardikian
Carlton W. Bartels Edward Joseph Mardovich
Guy Barzvi Charles Joseph Margiotta
Inna B. Basina Kenneth Joseph Marino
Alysia Basmajian Lester V. Marino
Kenneth William Basnicki Vita Marino
Steven Bates Kevin Marlo
Paul James Battaglia Jose Marrero
Walter David Bauer, Jr. John Marshall
Marlyn Capito Bautista James Martello
Jasper Baxter Michael A. Marti
Michele Beale Peter C. Martin
Paul Frederick Beatini William J. Martin, Jr.
Jane S. Beatty Brian E. Martineau
Lawrence Ira Beck Betsy Martinez
Manette Marie Beckles Edward Martinez
Carl John Bedigian Jose Angel Martinez, Jr.
Michael Earnest Beekman Robert Gabriel Martinez
Maria A. Behr Victor Martinez Pastrana
Yelena Belilovsky Lizie D. Martinez-Calderon
Nina Patrice Bell Paul Richard Martini
Debbie Bellows Joseph A. Mascali
Stephen Elliot Belson Bernard Mascarenhas
Paul M. Benedetti Stephen Frank Masi
Denise Lenore Benedetto Nicholas George Massa
Maria Bengochea Patricia Ann Massari
Bryan Craig Bennett Michael Massaroli
Eric L. Bennett Philip William Mastrandrea, Jr.
Oliver Duncan Bennett Rudolph Mastrocinque
Margaret L. Benson Joseph Mathai
Dominick J. Berardi Charles Mathers
James Patrick Berger William A. Mathesen
Steven Howard Berger Marcello Matricciano
John P. Bergin Margaret Elaine Mattic
Alvin Bergsohn Robert D. Mattson
Daniel Bergstein Walter Matuza
Michael J. Berkeley Charles A. Mauro, Jr.
Donna M. Bernaerts Charles J. Mauro
David W. Bernard Dorothy Mauro
William Bernstein Nancy T. Mauro
David M. Berray Tyrone May
David S. Berry Keithroy Marcellus Maynard
Joseph J. Berry Robert J. Mayo
William Reed Bethke Kathy Nancy Mazza
Timothy Betterly Edward Mazzella, Jr.
Edward Frank Beyea Jennifer Lynn Mazzotta
Paul Beyer Kaaria Mbaya
Anil Tahilram Bharvaney James Joseph McAlary
Bella J. Bhukhan Brian McAleese
Shimmy D. Biegeleisen Patricia Ann McAneney
Peter Alexander Bielfeld Colin Robert McArthur
William G. Biggart John Kevin McAvoy
Brian Bilcher Kenneth M. McBrayer
Carl Vincent Bini Brendan McCabe
Gary Eugene Bird Micheal McCabe
Joshua David Birnbaum Thomas McCann
George John Bishop Justin McCarthy
Jeffrey Donald Bittner Kevin M. McCarthy
Albert Balewa Blackman, Jr. Michael McCarthy
Christopher Joseph Blackwell Robert McCarthy
Susan Leigh Blair Stanley McCaskill
Harry Blanding, Jr. Katie Marie McCloskey
Janice Lee Blaney Joan McConnell-Cullinan
Craig Michael Blass Charles Austin McCrann
Rita Blau Tonyell F. McDay
Richard Middleton Blood, Jr. Matthew T. McDermott
Michael Andrew Boccardi Joseph P. McDonald
John P. Bocchi Brian Grady McDonnell
Michael Leopoldo Bocchino Michael P. McDonnell
Susan M. Bochino John McDowell, Jr.
Bruce D. Boehm Eamon J. McEneaney
Mary Catherine Boffa John Thomas McErlean, Jr.
Nicholas Andrew Bogdan Daniel Francis McGinley
Darren Christopher Bohan Mark Ryan McGinly
Lawrence Francis Boisseau William E. McGinn
Vincent M. Boland, Jr. Thomas Henry MCGinnis
Alan Bondarenko Michael Gregory McGinty
Andre Bonheur, Jr. Ann McGovern
Colin Arthur Bonnett Scott Martin McGovern
Frank Bonomo William McGovern
Yvonne Lucia Bonomo Stacey Sennas McGowan
Genieve Bonsignore, 3 Francis Noel McGuinn
Seaon Booker Patrick McGuire
Sherry Ann Bordeaux Thomas M. McHale
Krystine Bordenabe Keith McHeffey
Martin Boryczewski Ann M. McHugh
Richard Edward Bosco Denis J. McHugh III
John H. Boulton Dennis McHugh
Francisco Eligio Bourdier Michael E. McHugh
Thomas Harold Bowden, Jr. Robert G. McIlvaine
Kimberly S. Bowers Donald James McIntyre
Veronique Nicole Bowers Stephanie Marie McKenna
Larry Bowman Barry J. McKeon
Shawn Edward Bowman, Jr. Evelyn C. McKinnedy
Kevin L. Bowser Darryl Leron McKinney
Gary R. Box George Patrick McLaughlin, Jr.
Gennady Boyarsky Robert C. McLaughlin, Jr.
Pamela Boyce Gavin McMahon
Michael Boyle Robert D. McMahon
Alfred Braca Edmund McNally
Kevin Bracken Daniel W. McNeal
David Brian Brady Walter Arthur McNeil
Alexander Braginsky Jisley McNish
Nicholas W. Brandemarti Christine Sheila McNulty
Michelle Renee Bratton Sean Peter McNulty
Patrice Braut Robert McPadden
Lydia E. Bravo Terence A. McShane
Ronald Michael Breitweiser Timothy Patrick McSweeney
Edward A. Brennan III Martin E. McWilliams
Francis Henry Brennan Rocco A. Medaglia
Michael E. Brennan Abigail Cales Medina
Peter Brennan Ana Iris Medina
Thomas M. Brennan Deborah Louise Medwig
Daniel J. Brethel Damian Meehan
Gary Lee Bright William J. Meehan
Jonathan Briley Alok Mehta
Mark A. Brisman Raymond Meisenheimer
Paul Gary Bristow Manuel Emilio Mejia
Mark Francis Broderick Eskedar Melaku
Herman Charles Broghammer Antonio Melendez
Keith A. Broomfield Mary Melendez
Ethel Brown Janice Yelena Melnichenko
Juloise Brown Stuart Todd Meltzer
Lloyd Stanford Brown Diarelia Jovanah Mena
Patrick J. Brown Charles Mendez
Bettina Browne Lizette Mendoza
Mark Bruce Shevonne Olicia Mentis
Richard George Bruehert Steven Mercado

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Continue reading

Sunrise

What In The Realty World is Going On Here?

One of the biggest challenges for anyone thinking of buying or selling real estate in any market across the country is determining the condition of the market in their particular area. Certainly the same holds true for the Lake Oroville real estate market.

But where in the world of realty can you get accurate market  information? Zillow? Trulia? Maybe the nightly news.? Or better yet, how about Facebook? After all, if it is on Facebook, it must be true, right?

Your best resource for LOCAL market conditions is right here on this blog site. Over the past 5 years I have brought market updates, real estate advice,  and sometimes some fairly provocative opinions. It is, and always will be, my opinion that there is a HUGE need for accurate local real estate market information in the Lake Oroville real estate market. I also believe that there is a drought of such information out there. This is why I make providing real estate market information the top priority of this blog site. I am always looking to bring information to you in a variety of ways and from different perspectives so that you know what is REALLY going on.

Which brings me to my latest graph. This graph  illustrates the changes in the inventory of Lake Oroville homes for sale over the past 8 months at different pricing levels. What spurred me to research this is the fact that , although prices of homes that have sold has admittedly increased, the number of homes that are selling in the Oroville real estate market is on pace to be the first year since 2009 that the market  will be selling fewer homes in the current year than the previous year. Yes, you read that right. Regardless of what the “salespeople” are telling you about how “busy” they are, the truth is the home sales in the Oroville market are significantly behind last years numbers.

Because the “numbers guy” in me is always looking to explain what would cause this to happen, I jumped into the database to see what I could glean. The graph below is the result of my research and is the basis for the following opinions: Continue reading

I Was Feeling Rather Down, Then This Happened!

I have a friend (believe it or not) in the Lake Oroville real estate market  that I spend time with who is great with “turning a phrase” to make me laugh.

In fact, we make each other laugh for almost the entire time we are together.  It was not too long ago (actually almost exactly one month ago today),  that I was dealing with bit of a stressful situation when he reminded me in a text message that “It is always darkest just before it goes totally black.”   Yes,  he thinks he is funny!!  But it did feel a little bit like he was right.

BUT NOT TODAY!!

I am absolutely PROUD and EXCITED to announce today that Continue reading

Lake Oroville Real Estate Market Week In Review

Well, with every technology upgrade comes a little bit of a learning curve.

It took me a little while to figure out how to report the Lake Oroville real estate market home sales report with the new blogging site that REALTY WORLD provided, but I think I got it figured out for this week at least.

I know that it has been a long time since I reported on market activity for the sale of Oroville area homes and the current levels of Lake Oroville area active listings on the market. Hopefully this new format is a little easier to digest.

What we are currently seeing in the Lake Oroville real estate market is Continue reading

Looming Deadline Could Doom Your Loan

Take heed Lake Oroville area home buyers.  You may be about to have your home buying plans moved to the sidelines.

This information is also valuable to  Oroville home sellers as it is entirely possible that the pool of potential home buyer could be shrinking.

Watch this latest video for a brief explanation for why this may happen to you.