Stockton Housing Market Statistics: · There were 1115 Stockton houses for sale at the end of the month. · Average sales of 287 Stockton homes per month over the past 12 months indicates it could take 4 months to sell a Stockton home. · 3446 Stockton homes sold over the 12 month period ended July, […]
Posts Tagged: Stockton Real Estate
Today’s new investor, who is helping to save the housing market, is a 36 to 55 year old making $100,000 or less annual income. These are everyday people investing in their local markets, fixing up the properties and intending to rent them until the market improves. Not only does this help revitalize the housing market, […]
On March 7th 2011 at 5:00pm is the first bimonthly meeting of the Stockton Redevelopment Commission/Relocation Appeals Board. Some functions of the board include recommending urban renewal and redevelopment projects and improvements, preparing a redevelopment plans, screening and recommending purchasers and developers, reviewing and approving developers’ plans, reviewing and recommending contracts for services, site improvements, […]
According to RealtyTrac 26% of all home sales last year were foreclosures. In the Stockton area 72% of sales were bank or government held and 50% were REOs. Short sales accounted for 22% of all Stockton homes sold last year. Leaving 28% that were not bank or government related sales. For more information on the […]
Over a thousand Stockton renters will receive notice this week that their landlord may be facing foreclosure. Almost half of Stockton’s foreclosures are rental properties. All renters should know their rights and not let banks and real estate agents push them into moving out until they have exercised those rights. According to Federal law a […]
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 […]
Iftikhar Ahmad received a 21-month prison sentence and was ordered by U.S. District Judge William B. Schubb to pay restitution of $382,750 and spend three years under supervision upon his release from prison. Ahmad bought up Stockton foreclosures often paying cash, then sold those same homes to fake buyers using false identities. The subprime loans […]
RealtyTrac’s list of metro markets with the highest foreclosure rates from December to January, was full of California cities holding 7 of the top 10 spots. The cities included Modesto (2), Stockton (3), Riverside-San Bernardino-Ontario (4), Vallejo-Fairfield (6), Bakersfield (7), Merced (9) and Sacramento-Arden-Arcade-Roseville (10). The monthly increase in California was only 2% however the […]
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. […]
California borrowers need to be careful of fraudulent foreclosure consultants.
According to The Record readers, the local economy was the number two story of the year. One factor contributing to the overall economy was the housing market. San Joaquin county was number two in the nation for foreclosures in 2010 but housing prices remained relatively unchanged with an average home price of $181,000.
Home sales had an uptick in November partly due to an increase in short sales driving down home prices. This helped to influence a rise in sales up 9.2 % over October but still down 8.6% over November of last year. The median home price in San Joaquin is down 4.1% from last year. For […]
Download now or preview on posterous 12 16 10 SB1000142405274870407380457602348.pdf (59 KB) Thirty year mortgage rates have hit a six month high of 5.09% in response to an increase in treasury yields. This is a dramatic turnaround from where rates were only one month ago at 4.17%. This is sobering news for the housing market […]
Download now or watch on posterous 3591 Quail Lakes Dr #167_ Stockton_ CA_ 95207.mp4 (5584 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Lower Unit in Back. Kitchen and bath updated! Laminate flooring in living area. Perfect for a college student! Posted via email from www.Homes-In-Stockton.com Posterous
Download now or watch on posterous 9128 Chianti Cir_ Stockton_ CA_ 95212.mp4 (7164 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Move-in condition home in family friendly neighbourhood (a park is across the street!!). A built-in desk area, eat-in kitchen, and shutters in family, dining and kitchen makes this […]