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Longs Drugs Store wants to build in Palo Cedro. Several people have spoken out about this and think it will threaten local business. This should be good for Palo Cedro, it will create competition and you can’t go wrong with creating new jobs.
Here’s the RS Article.
Don’t forget Shasta County Property taxes are due again. The first installment becomes delinquent if not paid at the County Tax Collector’s Office by 5 p.m. on December 10th, or if the payment is not postmarked by that date.
If you are late they add a 10% delinquent penalty to the unpaid balance. You don’t want to have to pay them anymore than you have to.
Contact information for the Tax Collectors Office.
1450 Court St., Suite 227
Redding, CA 96001
Phone: (530) 225-5511
Fax: (530) 245-6488
Hours: 8 AM – 5:00 PM
Saturday will be the Christmas light parade through the streets of downtown Redding. The details are in this Record Searchlight article.
The 26th annual Lighted Christmas Parade will brighten the streets of downtown Redding on Saturday.
The parade will start at 6 p.m. and end at 9 p.m.
The following streets will be closed at 5 p.m Saturday to allow for the staging of parade floats and will be reopened after the parade:
Oregon Street between Yuba Street and Eureka Way.
Butte Street between Court and Oregon streets.
Tehama Street between Court and California streets.
Shasta Street between Oregon and Market streets.
Center Street between Shasta Street and Riverside Avenue.
All of Prince Street.
All of Riverside Avenue.
California Street between Shasta Street and Riverside Avenue.
The parade will begin at California and Shasta streets and travel south on California Street, turn east on Sacramento Street, north on Pine Street and east on Yuba Street. The parade will end at East Street.
No parking is allowed on the parade route. There will be signs posted along the route for several days before the parade identifying these streets as no-parking zones.
Any vehicles parked in the parade route must be moved before 2 p.m. Saturday or they will be towed, Redding police warned.
An article in today’s Redding Record Searchlight had some good news about Shasta County’s Housing Market.
Bargain hunters and first-time home buyers taking advantage of increased affordability helped drive October sales in Shasta County.
Year-over-year home sales increased for the second straight month, while the median sales price for a house in Shasta County dropped for the fifth consecutive month.
“Right now, you have some real opportunities for first-time buyers – low interest rates and good loan programs, if they qualify,” Shasta Association of Realtors President Greg Lloyd said Monday.
DataQuick Information Systems reported that 168 homes were sold in Shasta County in October, unchanged from September and an 11.3 percent increase over October 2007.
The median sales price in October for new and used homes was $212,000, slightly down from $212,750 in September and an 11.5 percent decline from $239,500 a year ago.
The Shasta Association of Realtors reported 178 homes sold in October, one more than in September and a 24 percent jump from October 2007. The Realtors’ group relies on members to report sales. DataQuick pulls numbers from the county.
More telling is that nearly seven of every 10 homes sold in October were houses that went for $250,000 and less, according to the Shasta Association of Realtors.
“I think we are seeing that we may be getting close to the bottom,” said Brad Garbutt, a Shasta Association of Realtors board member. “The fact the rate of prices dropping has slowed, and the number of buyers is up shows us the market might be hitting bottom.”
Lower interest rates, which started falling last week, also have spurred interest among buyers.
On Monday, the rate for a 30-year Federal Housing Administration loan stood at 5.5 percent, said Tom Semb of Amerigroup Loan Center in Redding.
“Some people are getting the news,” Semb said of lower rates. “We are certainly seeing some of our business pick up.”
But Garbutt cautioned that until the flood of foreclosures and bank-owned properties stops, the market isn’t going to turn.
About four out of every 10 used homes sold in October had been foreclosed on at some point in the prior 12 months, DataQuick reported.
“The whole key is stopping foreclosures,” Garbutt said. “We will not dig ourselves out of this until we stop the tide of foreclosures – it’s keeping prices down, keeping the market down and keeps everybody pessimistic.”
Since it is Thanksgiving eve I thought it would be appropriate to post something about this great holiday.
I came across George Washington’s original proclamation of “Thanksgiving” as a national holiday and thought you would enjoy reading it. As a side note, I can’t help but think if a president were to write this today, it would be considered politically incorrect.
Whereas it is the duty of all nations to acknowledge the providence of Almighty God, to obey His will, to be grateful for His benefits, and humbly to implore His protection and favor; and Whereas both Houses of Congress have, by their joint committee, requested me “to recommend to the people of the United States a day of public thanksgiving and prayer, to be observed by acknowledging with grateful hearts the many and signal favors of Almighty God, especially by affording them an opportunity peaceably to establish a form of government for their safety and happiness”:
Now, therefore, I do recommend and assign Thursday, the 26th day of November next, to be devoted by the people of these States to the service of that great and glorious Being who is the beneficent author of all the good that was, that is, or that will be; that we may then all unite in rendering unto Him our sincere and humble thanks for His kind care and protection of the people of this country previous to their becoming a nation; for the signal and manifold mercies and the favorable interpositions of His providence in the course and conclusion of the late war; for the great degree of tranquility, union, and plenty which we have since enjoyed; for the peaceable and rational manner in which we have been enable to establish constitutions of government for our safety and happiness, and particularly the national one now lately instituted for civil and religious liberty with which we are blessed and the means we have of acquiring and diffusing useful knowledge; and, in general, for all the great and various favors which He has been pleased to confer upon us.
And also that we may then unite in most humbly offering our prayers and supplications to the great Lord and Ruler of Nations and beseech Him to pardon our national and other transgressions; to enable us all whether in public or private stations, to perform our several and relative duties properly and punctually; to render our National Government a blessing to all the people by constantly being a Government of wise, just, and constitutional laws, discreetly and faithfully executed and obeyed; to protect and guide all governments, peace, and concord; to promote the knowledge and practice of true religion and virtue, and the increase of science among them and us; and, generally to grant unto all mankind such a degree of temporal prosperity as He alone knows to be best.
Given under my hand, at the city of New York, the 3d day of October, A.D. 1789.
(signed) G. Washington
Happy Thanksgiving!
From Parsons Realty
Most of the major banks have revealed plans to help troubled homeowners by modifying their loans. These loan modification programs have been created to help a wide range of borrowers and each bank has its own guidelines.
Click on the links below to see a detailed chart of the various modification programs available for each bank. Each chart contains information such as eligibility requirements, who to contact to apply, and costs associated with the program.
