Wall Street Journal Reports Credit Continuing to Tighten

We have been experiencing a tightening of credit in the Stockton real estate market.  Even well qualified buyers are finding hurdles in the path to home purchasing and refinancing.  Cash is king. The Stockton short sales and Stockton foreclosures we list are taking longer to sell as we are running into problems with buyer financing.  I don’t anticipate the process getting better anytime soon.  If you are interested in selling…do it now….if you are buying with a mortgage….do it now!