Is the Chico Real Estate market turning

I’m beginning to “feel” signs of change.  We had 3 SOLD listings on our newest Chico MLS tour this morning.  With the first time buyer credit coming to an end in a little more than 2 months and inventory shrinking in the lower price range homes are selling quickly under $275,000.  Most of the seller’s unfortunetly aren’t moving up yet though, so the higher price ranges are lagging and probably will for awhile.  We saw some unusual homes this morning, a “DONE TO DEATH” home on Eastwood, a classic Chico street close to downtown.  A really cute home on corner of Filbert and Sheridan for $315,000 and super clean home on Windham for $419,000, so clean you could eat off the driveway!! Interest rates are hovering around 5% or slightly less, we’ll keep watching for the Real Estate tide to turn away from declining market.  Chico CA is always a great place to own any real estate because its still highly desirable as a place to live, ride and have fun!