Dave Thurman's Real Estate Blog

Selling Step 1: Evaluation: Get Ready to Sell Your Home

Millions of homes are sold each year, and while each transaction is different every seller wants the same thing – the highest price with the least amount of hassle and aggravation.

Home selling is more complex than it used to be. As a seller you need to be aware of a range of issues and deal with many complex forms. You also need to know that buyer agents represent buyers and are working to get the best deal for their buyer clients.

Successfully selling your home requires experience and training in areas such as real estate, marketing, financing, negotiation and closing – this is the very expertise REALTORS^® offer. [Read More]

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For most families, their home is their largest financial asset, and deciding to sell it is a big decision that involves a lot of preparation and work. When you’re ready to sell it’s important to have an experienced real estate professional handle the details involved in the successful sale of a home for top dollar.

As an experienced professional who has helped many Stockton, Manteca, Lodi, Tracy and San Joaquin County area residents sell their homes, I know how to handle every aspect of the sales process – from strategically marketing and showcasing your home to making sure everything’s signed, sealed and delivered by the closing date. [Read more]

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• Millions of homeowners afraid to sell

Most renters who plan to become homeowners say it will be at least two years before they make the leap, and more than one out of four renters say they’ll never buy a home, according to an online survey by Harris Interactive.

The “American Dream” survey, conducted in July on behalf of property search site Trulia.com, included 1,345 homeowners and 663 renters.

Among those surveyed, 72 percent considered homeownership to be “part of their personal American dream,” down from 77 percent six months ago.

Among renters who plan to become homeowners, 68 percent said they aren’t planning to make their move in the next two years. But 79 percent of that group said they could be prompted to take action in the next 12 months if their circumstances changed.

Among that group, 47 percent said they could be spurred into action if they were able to save enough for a downpayment. Another 28 percent said a new job would be a tipping factor, while 27 percent said that if mortgage rates stay low or get lower they could be persuaded to take action.

About one in four said they needed to be persuaded that it made more financial sense to buy than rent (24 percent), and 23 percent said a job promotion or raise could get them off the fence. Only 9 percent said they are looking for signs that their local real estate market has stabilized.

The survey also found that few Americans are interested in homes smaller than 1,400 square feet or larger than 3,200 square feet.

While 9 percent of those surveyed said they would prefer a home between 800 and 1,400 square feet and 14 percent were undecided, 77 percent indicated a preference for a larger home.

Nearly half of those surveyed (49 percent) would prefer a home that’s larger than 2,000 square feet, but only 9 percent said their ideal home size is greater than 3,200 square feet.

Source: CAR

On August 21, 2010 at 11:00 AM, you are invited to an Open House at 1957 Lauritson Lane in Manteca. If you are looking for a Single-family property in this area, don’t miss this rare opportunity to visit this magnificent property. For a preview of this Single-family property, check out my site at RealtyWorldDaveThurman.com. Please do not hesitate to Contact Me if you have any questions or wish to schedule a private showing.

1957 Lauritson Ln, Manteca

Number of Homes for Sale vs. Sold vs. Pending

July 2009 there were 784 homes for sale in Stockton, California in comparison to July 2010 where there was an increase to 1168 homes for sale. The number of homes sold in July 2009 was 571 and in July 2010 the number of homes sold decreased to 369. In July 2009 there were 675 pending sales which decreased to 597 in July 2010.

More graphs and charts from our MLS and TrendVision Reports

On August 7th, 2010 at 10:00 AM, you are invited to our Open Office at 2652 East Main Street in Stockton. If you are looking for a Single-family property in this area, don’t miss this opportunity to visit and meet with Dave Thurman, REALTOR®. Appointments are not necessary!

• Pick up a free list of homes!
• Get pre-qualified for a home loan.
• Ask questions about foreclosures and short sales.
• Discuss agency and disclosure requirements.
• First-time buyers and investors are welcome.

10 Home Finance Mistakes You Can’t Afford

Most advice columns tell you what you should do, but just as importantly, there some things you shouldn’t do. Here are 10 frequent home finance mistakes that consumers make [Read More]

On July 31, 2010 at 10:00 AM, you are invited to our Open Office at 2652 East Main Street in Stockton. If you are looking for a Single-family property in this area, don’t miss this opportunity to visit and meet with Dave Thurman, REALTOR®. Appointments are not necessary!

• Pick up a free list of homes!
• Get pre-qualified for a home loan.
• Ask questions about foreclosures and short sales.
• Discuss agency and disclosure requirements.
• First-time buyers and investors are welcome.

Where is this real estate market going? Today, published in our local newspaper “The Record”

WASHINGTON (AP) Home construction plunged last month to the lowest level since October as the economy remained weak and demand for housing plummeted.

SAN DIEGO (AP) — A research firm reports mortgage default notices in California are at their lowest levels in three years after a fifth-straight quarterly decline.

***Below is a blog from Realty World Northern California & Nevada***

Foreclosures Likely to Surpass 2009 Levels

Repossessions climbed 38 percent in the first six months of 2010 compared 2009 and were up 5 percent from the first quarter, foreclosure listing service RealtyTrac announced Thursday.

In all, lenders repossessed nearly 528,000 homes in the first six months of the year. If that rate continues through the end of the year, repossessions will likely top 1 million in 2010, up 100,000 from 2009. [Read More]

Are you confused yet? Well I’m not! The real estate market is not getting any better since the government got involved in trying to help certain homeowners with workouts, modifications, short sales and foreclosure delays with the intent of helping troubled borrowers.

The real estate market is not going to recover unless the government allows the market to be free and a lender can enforce the terms of a note secured by a deed of trust. It really is that simple!

Less government, less regulation and less taxes will improve the economy!

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2447 East Fremont Street, Stockton CA 95205

Hurry! Just Reduced!

On July 24, 2010 at 11:00 AM, you are invited to an Open House at 2447 E Fremont Street in Stockton. If you are looking for a Single-family property in this area, don’t miss this rare opportunity to visit this magnificent property. For a preview of this Single-family property, check out my site at RealtyWorldDaveThurman.com. Please do not hesitate to Contact Me if you have any questions or wish to schedule a private showing.

Take a Virtual Tour

The Haggin Museum, an art and history museum located in Stockton, has been referred to by Sunset magazine as “one of the undersung gems of California.”

The impressive brick building has stood in the center of Stockton’s lush Victory Park for 79 years, but it’s what’s on the inside that makes it worth visiting.

On display in the museum’s fine art galleries are dozens of paintings by renowned 19th- and early 20th-century American and European artists, including Jean Béraud, Rosa Bonheur, William Bouguereau, Jean-Léon Gérôme, George Inness and Pierre-Auguste Renoir.

Of particular note are breathtaking panoramas of Yosemite Valley (including one once loaned to the White House) by American painter Albert Bierstadt. The Haggin has the largest museum collection of major Bierstadt works.

How did world-renowned paintings come to be located in Stockton? In 1928, the San Joaquin Pioneer and Historical Society was looking to build a history museum but had been unable to raise enough funds. Stockton native Robert T. McKee offered the group $30,000 on behalf of his wife, Eila Haggin McKee, who had only two requirements: name the museum in honor of her late father, Louis Terah Haggin; and add an art wing to fill with paintings from her father’s collection.

The history galleries focus on the San Joaquin Valley’s past and the accomplishments of its residents, such as Charles Weber, Stockton’s founder; Benjamin Holt, inventor of the Caterpillar track-type tractor; Tillie Lewis, the “Tomato Queen” and the Stephens Bros. Boat Builders.

The Haggin Museum also houses the largest museum collection of original art works by “Golden Age” illustrator J.C. Leyendecker.

To house the continually growing collections, the museum has undergone several additions since first opening. The McKee Room was added in 1939; an extensive addition was constructed in 1949; and the Benjamin Holt Wing opened in 1976. Today the museum’s three-story building contains more than 34,000 square feet of exhibition space.

The museum’s permanent art and history exhibits are augmented by a number of temporary exhibitions annually. Special events, such as family programs, lectures, and musical performances, are held throughout the year. The Haggin Museum also maintains a Library-Archive, which is available by appointment. The Museum Store features a wonderful array of merchandise especially selected to complement your museum visit.

Although many Californians are still unaware of this cultural diamond, a trip to Stockton isn’t complete without a visit to The Haggin Museum.

Source: HagginMuseum.org