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, […]
Posts Tagged: Stockton Real Estate
The Stockton Redevelopment Commission/Relocation Appeals Board Meeting
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, […]
Over a Quarter of All 2010 Home Sales Were Foreclosures
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 […]
Stockton Renters to Receive Landlord Foreclosure Notice
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 […]
Gregory Basso Thinks Forbes Was Wrong About Stockton
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 […]
Man Sentenced for Stockton Flipping Scheme
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 […]
Stockton 2nd in California for January Foreclosure Filings
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 […]
Forbes Bayonets Stockton and Central Valley 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. […]
What Are Foreclosure Consultants?
California borrowers need to be careful of fraudulent foreclosure consultants.
Readers Rate Local Economy San Joaquin #2 Story of the Year
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.
Short Sales Influence Home Sales In November
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 […]
Mortgage Rates Up to 6 Month High
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 […]
Stockton, CA, Stockton Home for Sale & Stockton Real Estate, 3591 Quail Lakes Dr # 167, Stockton, CA, 95207
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
Stockton, CA, Stockton Home for Sale & Stockton Real Estate, 9128 Chianti Cir, Stockton, CA, 95212.
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 […]
Stockton, CA, Stockton Home for Sale & Stockton Real Estate, 3215 W Alpine Ave,Stockton, CA, 95204
Download now or watch on posterous 3215 W Alpine Ave_Stockton_ CA_95204.mp4 (11442 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Move in ready & priced BELOW APPRAISED VALUE!!! This charming house has been recently brought back to life inside & out! Offering 4 possible bedrooms, 2 full bathrooms & […]
Stockton, CA, Stockton Home for Sale & Stockton Real Estate, 2938 Water Mill Ct , Stockton, CA, 95212.
Download now or watch on posterous 2938 Water Mill Ct_Stockton_CA_95212.mp4 (4861 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Stockton Short Sale on a large corner lot! Master with walk in closet and double sinks. Kitchen with gas stove and tile counters. 3 Bedrooms plus a loft. This home […]
Stockton, CA, Stockton Home for Sale & Stockton Real Estate, 1443 N E Street_Stockotn_CA_95205.
Download now or watch on posterous 1443 N E Street_Stockotn_CA_95205.mp4 (4850 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Large 3 bedroom Stockton bank owned property. Raised ceilings. Fireplace in living room. Easy to maintain yard. Close to schools and shopping. Newer home built in 2005. Posted via email […]
Central Valley Foreclosure Rates Down From Last August
Download now or preview on posterous 11 02 10.pdf (26 KB) CoreLogic reported that Stockton foreclosures rate was 4.41% this August, down from last year’s rate of 5.41%. Stockton’s mortgage delinquency rate also decreased with 14.87% at 90 days or more delinquent down from 15.72% a year ago. This is all good news, but Stockton […]
Stockton, CA , Stockton Home for Sale & Stockton Real Estate, 5907 Melones Way, Stockton, CA,95219
Download now or watch on posterous 5907 Melones Way,_Stockton_CA, 95219.mp4 (8128 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! New Home in Stockton! This home is beautiful and has never been lived in! An entertainers kitchen complete with Granite Counters, Maple Cabinetry, and Tile Floors. Media Niche in Living […]
Stockton, CA, Short Sale Stockton Home for Sale & Stockton Real Estate 1078 Oxford Way_Stockton_ CA_95204
Click here to download: 1078 Oxford Way_Stockton_ CA_95204.mp4 (8886 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Great Stockton short sale in UOP/Oxford Manor location! Charming older home with wood floors and big kitchen. Kitchen with tile counters and floors. Fireplace in living room. French Doors open to outside […]
Stockton, CA, REO Stockton Home for Sale & Stockton Real Estate 3830 Estate Dr, Stockton, CA, 95209
Download now or watch on posterous 3830 Estate Dr_Stockton_ CA_95209.mp4 (5358 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! REO located in 95209 Zip Code! Large 5 bedrooms, 4 full baths. Family room with fireplace. Kitchen with tile counters, dishwasher, and cook top. Backyard with covered patio fantastic for […]
Stockton Foreclosure Rates Decrease
Download now or preview on posterous 09 30 10.pdf (27 KB) According to the Central Valley Business Times, CoreLogic reports foreclosure rates in Stockton decreased in July compared to a year earlier. Foreclosures among outstanding mortgage loans were 4.38 percent down from last year’s 5.42 percent. However foreclosures are still higher than the national average […]
Stockton Credit Holds On – Know Your FICO and Vantage Scores
According to Experian the Stockton area currently ranks 79th out of 142 credit markets the company follows. This is optimistic news for the area which has been the real estate poster child for this recession with some of the highest foreclosure rates in the nation. Stockton with a current score of 744 is now just […]
San Joaquin First In and Last Out of Recession
Download now or preview on posterous 09 21 10.pdf (47 KB) Expert economists announced on September 20th that the recession ended in June 2009. This is good news for the country, but not all areas are benefitting at the same rate of progress. Due to ongoing unemployment struggles faced by California and the valley, analysts […]
A Plan to Bail Out Those With Negative Equity
Download now or preview on posterous 09 09 10.pdf (90 KB) Keith Gumbinger, a vice president at HSH Associates mortgage consulting firm, has proposed a new mortgage relief program he calls “value gap coverage.” In this plan, he proposes that if a borrower did not cause the decline in their home’s value, and has been […]