R
edding, California is a haven for luxury homebuyers, offering million-dollar properties with upscale amenities that are hard to find elsewhere in the state. In fact, Redding's real estate market has become more attractive due to changes in mortgage guarantors' policies. Fannie Mae and Freddie Mac will now back mortgages up to $806,500, a 5.2% increase from last year. This means that buyers can secure financing for higher-priced homes.

    As a result, Redding's luxury home market is expected to see an uptick in sales this year. Here are seven properties currently on the market, each with an asking price of at least $1 million:

    * A 41-acre property in north Redding features a 2,000-foot runway and a 5,000-square-foot hangar perfect for pilots.

    * A 5-acre property in southwest Redding boasts a 2,533-square-foot house, a guest house, and a pool with a diving board.

    * A Mediterranean-style luxury property in southwest Redding features a chef's dream kitchen and four fireplaces.

    * A home in the Tierra Oaks gated community offers a putting paradise for golf enthusiasts.

    * A library-themed home near Whiskeytown Lake features a built-in bookcase with a library ladder.

    * A Sacramento Riverfront property includes a nine-hole mini golf course and RV and boat parking.

    * A big family home on 2.19 acres in northeast Redding offers seven bedrooms, five bathrooms, and a basketball court.

    These properties showcase the best of Redding's luxury real estate market, with features like private runways, guest houses, and gourmet kitchens. With the changes in mortgage policies, buyers may find it easier to secure financing for their dream homes in 2025.