As everyone can see, the question of "How is the Real Estate Market?" in Shasta County really depends on the price range a person is referring to. The market varies greatly between price points and the approach to getting a home sold varies as well.
Overall the real estate market has appreciated this year and the average sales price in the market is up over 5% compared to last year in the same 6 month period. Lending practices have remained conservative and the majority of loans are taken out on 30 year fixed loan products. Speculation in the housing market has remained low overall. Most experts agree, these factors and others are contributing to a stable housing market and clearly define why we are not in a housing bubble.
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