Gregory Basso Thinks Forbes Was Wrong About Stockton

Posted by & filed under Central Valley Real Estate, Stockton Real Estate.

Back on February 4th in Forbes Bayonets Stockton and Central Valley Real Estate, I wrote about an article in Forbes Magazine where they had compiled their most miserable cities list ranking Stockton as the number one most miserable city. Although Stockton has seen some tough times I hardly believe it would qualify as the most […]

Forbes Bayonets Stockton and Central Valley Real Estate

Posted by & filed under Stockton Real Estate.

Each year Forbes magazine analyzes the 200 largest U.S. cities and ranks them into their ‘Top Miserable List’. This year, for the first time Forbes introduced housing as one of the criteria, in addition to the previous criteria which included unemployment, weather, taxes, traffic and violent crime. Stockton, in California’s Central Valley, was number one. […]

Slow and Uneven Market Recovery Forecast

Posted by & filed under Stockton Real Estate.

According to the Bureau of Labor Statistics, around 8,000,000 jobs have been lost in the past few years causing our economy to be at its worst since the Great Depression. According to Ken Rosen, chair of the Fisher Center for Real Estate and Urban Economics at the University of California at Berkeley, only 1,000,000 new […]

Stockton, CA, Short Sale Stockton Home for Sale & Stockton Real Estate , 3756 Popolo Cir, Stockton, CA, 95212

Posted by & filed under Stockton Real Estate.

Download now or watch on posterous 3756 Popolo Cir _Stockton_ CA_95212.mp4 (8361 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! HAFA PRICED APPROVED SHORT SALE. Terrific home in Villa Antinori Estates~ 5 bed/ 3 bath on .28 acre corner lot with no rear neighbors. Bedroom and bath downstairs. Possible […]

Mortgage Rates at Fifty Year Lows – Good Time to Invest in Central Valley Real Estate

Posted by & filed under Stockton Real Estate.

According to Freddie Mac, 30 year fixed mortgage rates declined to 4.19% and 15 year rates are at 3.62%. These are the lowest rates on record since the beginning of tracking such data, in 1971. Some experts have said we would have to look back approximately 50 years to see similar mortgage interest rates. With […]

No New Ideas From Mortgage Summit

Posted by & filed under Foreclosures, Stockton Real Estate.

Download now or preview on posterous Mortgage Summit.pdf (29 KB) On August 12th in the post Could This Be The End of Short Sales? we wrote about how On August 17th the Treasury was going to be holding a hearing regarding the future plans for Fannie Mae and Freddie Mac. It was rumored that the […]

Increasing Central Valley Inventory to Cause a Decrease In Prices

Posted by & filed under Stockton Real Estate.

Download now or preview on posterous rapidly-rising-invent.pdf (27 KB) Unfortunately, the flurry of buying activity Stockton real estate experienced this past spring has flittered away along with the federal homebuyer tax credits over the summer. Meanwhile the Stockton housing inventory has continued to grow as we head into the traditionally slow fall and winter months. […]

Stockton Area Real Estate Market Prime Opportunity For Buy And Bail Fraud

Posted by & filed under Stockton Real Estate.

Download now or preview on posterous -buy-and-bail-ho.pdf (26 KB) A “buy and bail,” is when a buyer buys a new house before their credit rating is ruined by walking away from their old house. It’s an attempt to escape payments on a property that is already “underwater”, and move into a new home with a […]

Sellers Waiting in the Wings Could Pose A Problem

Posted by & filed under Foreclosures, Short Sales, Stockton Real Estate.

Download now or preview on posterous 07 29 10.pdf (43 KB) There are many homeowners who would like to sell but aren’t financially required to do so. Many of these people are waiting in the wings for the opportune moment to jump back into the housing market. In fact, Zillow.com reported about 7% of homeowners […]

Stockton Real Estate Negative Equity Continues to be a Problem

Posted by & filed under Foreclosures, Short Sales, Stockton Real Estate.

Attached are 2 articles from CoreLogic. The first article ranks Stockton #2 after Las Vegas for negative home equity. The 2nd estimates that the hardest hit areas will not see positive equity until after 2020. I am afraid it is going to be a long and bumpy ride for the Stockton market. If you are […]

Stockton, Short Sale in Spanos West, Stockton Home for Sale & Stockton Real Estate, 5473 Cortina Lane, Stockton, CA, 95219

Posted by & filed under Short Sales, Stockton Real Estate.

Download now or watch on posterous 5473 Cortina Lane_Stockton_CA_95219.mp4 (9361 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com ! Great Stockton Short Sale in Spanos West! Beautiful yard with pool and waterfall. Open floor plan, large rooms. Loft could be converted to bedroom. Kitchen with stainless appliances and breakfast […]

Stockton, CA, REO, Foreclosure, Brookside, Stockton Home for Sale & Stockton Real Estate, 4235 Annandale Drive, Stockton, CA, 95219

Posted by & filed under Foreclosures, Listing Agent, Stockton Real Estate.

Download now or watch on posterous 4235 Annandale Drive_Stockton_CA_95219.mp4 (12240 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Great Stockton foreclosure! Investment opportunity in a great location! This home needs some TLC. Separate Family Room and Formal Dining Area. Master bath with shower stall and separate tub. Dock in […]

Fannie Mae Retaliates Against Strategic Defaulters!

Posted by & filed under Foreclosures, Short Sales, Stockton Real Estate.

Download now or preview on posterous fannie-mae-intensifie.pdf (24 KB) Fannie Mae announced this week that it will pursue deficiencies in some cases of strategic defaults. It’s getting nasty! Make sure you discuss your potential short sale or foreclosure options with a real estate attorney. Your Home Team can walk you through the short sale process. […]

Stockton Homes for Sale & Stockton Real Estate, 330 Willow St Stockton CA 95203

Posted by & filed under Short Sales, Stockton Real Estate.

For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com!  Charming UOP short sale in Stockton. Home is lined with decorative stained glass windows and custom cabinetry. Wood floors throughout. Kitchen with gas cooktop, dishwasher and double oven. Inside laundry area. French doors leading to the yard. Tons of character. Will not […]