The Central Valley real estate market has been challenging for Central Valley home sellers the last few years. I’m thrilled to report that there is a very positive outlook in 2013 for those considering selling a Central Valley home. Factors leading to my optimism include:
Decreased Inventory – Levels are at a record lows and may get lower as the 4500+ workers expected to be employed at the new Stockton prison hospital and Amazon fulfillment center in Tracy look for housing.
Higher Prices – Locally our median price increased from last year.
Decreased Shadow Inventory – Homes 90 days delinquent, homes in foreclosure, and homes already owned by lenders continues to decline.
Increased Demand – Low interest rates and home prices combine to make homes affordable.
I have well qualified clients looking for Central Valley homes. If you’ve thought about selling please give call Pat at (209) 471-0285.
Are you or someone you know considering a Central Valley short sale? Call Pat at (209) 471-0285. I am Central Valley Short Sale Specialist and have great success negotiating Stockton short sales, Lodi short sales, Manteca short sales, Ripon short sales, Tracy short sales and Lathrop short sales. Call me at (209) 471-0285 for a free short sale consultation.
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