310 FIFTH STREET, COLUSA, CA 95932    •    (530) 458-4141

Home Archive The Real Deal: The Road to Recovery

The Real Deal: The Road to Recovery



Diana Lytal therealdealwithdiana @yahoo.com Realtor • DRE# 01490170 Intero Pride Real Estate
Diana Lytal
Realtor • DRE# 01490170
Intero Pride Real Estate

It never fails when meeting someone new the first question they ask is “how’s the market”? Thus, this week I thought I would share some information for you on how our community of Colusa County is doing throughout the change in today’s real estate market.

Now that the days of the bank owned sales are no longer running the show, real estate is welcoming the return of the prevailing “equity sales”.

The share of equity sales has continued to rise month to month for 17 of the last 18 months and now makes up for more than 4 out of 5 sales. This is the highest since December of 2007. The chief economist for the California Association of Realtors, Leslie Appleton Young, says that “the increase in the share of equity sales reflects a market that is fully transitioning from investor purchases of distressed homes to primary home purchases by households. As a result, we’re seeing a significant decline in the supply of short sale and bank owned properties.”

In July 2012, equity sales of single family homes accounted for 59.2% of home sales. In July 2013, that number rose to 82.9%. Phenomenal! Now that the economy has begun to stabilize, people are making the move.

In addition, 6 of the 7 top metropolitan areas with the fastest rising median home prices are in California with the largest increase of 40% being in the greater Sacramento area. The average days on market have also dropped significantly statewide to 28 days. All of these factors make this a great market for sellers that are considering making the move.

According to the Sutter Yuba Association of Realtors MLS & greater Sacramento Metrolist MLS, there have been 104 single family homes sold within Colusa County from January 1- August 31, 2013. Here is the breakdown per city/town: Arbuckle: 17 homes; Stonyford: 2 homes; Princeton: 2 homes; Maxwell: 2 homes; Williams: 30 homes; Colusa: 51 homes.

Of the homes sold in 2013, 11% were short sales, down from 12% in 2012, 41% were bank owned properties, down from 51% in 2012 and equity sales were 48% UP from 37% in 2012. All good signs that we are moving in the right direction for recovery.

If you are curious what your home is worth today, I highly recommend obtaining a comparative market analysis on your home. This is a FREE service from your Realtor. It is always a great idea to know the current value of your investments and your home is your biggest investment! I am happy to assist you if you do not have a Realtor with which you are currently working.

If you would like more information on what is going on in the real estate market today or for questions on any other topic, please contact me at therealdealwithdiana@yahoo.com or call 530-681-2532. I look forward to being of assistance to you.


Diana Lytal
Diana Lytal is a Real Estate Professional with proven sales ability demonstrated over the last 30+ years with experience in management and training in the corporate sales environment. Diana is a Colusa County resident and provides readers with valuable Real Estate information.

Recent News

Colusa County Free Library Opens for Curbside Services

On Wednesday, May 20, the Colusa County Free Library began offering curbside pickup of library materials placed on hold via the library’s online portal....

Local Government

Williams hit hard by economic downturn

COVID-19 is expected to take a tremendous economic toll in Williams, whose revenue from Interstate-5 commerce is the highest in Colusa County. Finance Director Rex...

Bridge Street work on schedule

Work continues along a mile-long stretch of Bridge Street that is part of a $19.5 million Caltrans roadway rehabilitation project. The project that got underway...

Public & Legal Notices

County of Colusa – Groundwater Commission Notice of Public Hearing

  COUNTY OF COLUSA GROUNDWATER COMMISSION NOTICE OF PUBLIC HEARING   NOTICE IS HEREBY GIVEN THAT the Colusa County Groundwater Commission will hold a Public Hearing for the purpose...

Notice of Vacancy – Princeton Water Works District

NOTICE OF VACANCY NOTICE IS HEREBY GIVEN THAT the Colusa County Board of Supervisors is soliciting applications to fill a vacancy for an unexpired term...

County of Colusa – Notice of Adoption of a Resolution of Intent to Temporarily Sell and Transfer Central Valley Water Project Rights for the...


FBN – Superior Tire Service

FICTITIOUS BUSINESS NAME STATEMENT FILE NO. 2020-0000039 Date filed: APRIL 30, 2020 The following persons are doing business as:   SUPERIOR TIRE SERVICE BUSINESS ADDRESS: 247 BRIDGE STREET, COLUSA, CA...

Colusa County Board of Supervisors – Notice of Public Hearing

  COLUSA COUNTY BOARD OF SUPERVISORS NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN THAT the Colusa County Board of Supervisors will conduct a Public Hearing on...