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October 2009 - Posts

Thursday, October 29, 2009 4:21 AM

Upward Trend in Existing Stockton Homes for Sale

The upward trend in home sales is national in scope but alive in Stockton. September was strong for existing home sales. This real estate market activity was largely driven by first-time home buyers. According to the National Association of Realtors September
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Wednesday, October 28, 2009 4:26 AM

Good News 1st tme Home Buyers Tax Credit Likely to be Extended

The Senate is considering extending the $8,000 1st Time Homebuyers Tax Credit said Senator Chris Dodd Chairman of the Senate Banking Committee. The discussion centers on whether it will be extended to March or June of 2010. It looks like there is enough
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Tuesday, October 27, 2009 3:29 AM

Seller's Are Coming Back into The Market Real Estate Market

Regular sellers are coming back into the real estate market that has been dominated by foreclosures and bank owned homes. While it has been a shock to many homeowners that the value of their homes has decreased, They are becoming more realistic about
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Monday, October 26, 2009 3:22 AM

Current Interest Rate Updates in the Stockton Lodi Real Estate Market

Home sales are rebounding in many of the real estate markets across the U.S. Existing home sales jumped to a seasonally adjusted 9.4% in September and 15.4% in the West. This is the highest level in over 2 years. There are good reasons for this surge:
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Saturday, October 24, 2009 10:20 AM

Outstanding Wine Country Lodi and Stockton a Destination

When I meet new Real Estate clients relocating to the Stockton and Lodi area I introduce them to our wine country. Lodi has a lot to be proud of and one of them is their wine with over 60 wineries. It is rapidly becoming a destination point for wine lovers.
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Friday, October 23, 2009 4:37 AM

Short Sales a Hot topic but a Long Process in Stockton, CA

Short sales are a big part of the real estate market in Stockton and Lodi as well as on the national scene. Over 56% of current listings on Metrolist are short sales. The big wave of foreclosures has not materialized. Some banks are encouraging those
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 139 Comments
Thursday, October 22, 2009 4:42 AM

Seller' Alert How to Sell Your Home in a Declining Real Estate Market

Stockton Real Estate is selling. Many normal sellers are getting back into the real estate market. There are many reasons for this some of them are: retirement, job relocation and taking advantage of the low prices and purchasing their dream home. Foreclosures,
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Wednesday, October 21, 2009 5:38 AM

FHA Homes Loans In Stockton and Northern California

Government loans account for a large percentage of home loans for Stockton and Lodi home purchases. Over 59% of real estate purchases rely on government loans such as FHA. These loans are attractive because of their low down payment options. FHA requires
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Tuesday, October 20, 2009 5:13 AM

1st Time Home Buyer's Tax Credit

The time to act is now the $8,000 first time homebuyer's tax credit is coming to a close. There is a campaign for congress to extend or even increase this valuable tax credit. It actually puts money back in to the Stockton economy. It creates jobs.
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Monday, October 19, 2009 4:27 AM

Stockton a Great Place to Live and Relocate: The Downtown Marina and the Stockton Thunder

Stockton has a wealth of of attractions for current residents as well as those looking to buy and relocate their homes to Stockton. Stockton has invested in new recreational venues with the downtown Stockon Arena, the Stockton Port's ballpark and
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Saturday, October 17, 2009 5:46 AM

Stockton Lodi Real Estate Scene

Inventories of existing homes remain tight. We are seeing buyers compete for homes. Most well priced home have multiple offers some times as many as 5 to 15 offers. Buyers are becoming frustrated. Homes in Brookside, Spanos Park and West Spanos Park are
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments