Archive for May, 2009

Attention REALTORS®

REALTOR.comMaybe it is time to take our website back! It is a well known fact that REALTOR.com has more traffic than any other real estate website on the Internet, but where are all the leads going? Our own MLS listings are automatically uploaded to the site within 24 hours, but we have to pay an extra fee to add additional photos, edit or enhance each listing and also pay extra to add a virtual tour. Where did we REALTORS® loose control of our own business? Have you noticed the ridiculous looking advertisements on our website? All REALTORS® and contact information should be represented on the website equally without regards to how much is paid by a brokerage.

NAR, Local Associations and all REALTORS® need to take a good look at this website and start working to improve on our image to the public.

REALTOR.com

Dave Thurman

Realty World – Dave Thurman

My Favorite Area Golf Course

Lockeford Springs Lockeford Springs Golf Course, is a public, par 72, 18 hole course located in the heart of the Lodi wine country. It is a links-style course with uneven lies, undulating greens, and hidden water hazards. My favorite hole and the signature hole is the 18th; a 514-yard, par 5 dogleg fairway with a water hazard on the left, an L-shaped green, and a canal on the right. Not a difficult hole to make birdie, but you better be very careful or you might end up with a double boggy. 

The course and facility is equal or better than many private courses, and the staff is very relaxed and friendly!

www.lockefordsprings.com

Post a comment about your favorite golf course…call me for a game.

Dave Thurman

Realty World – Dave Thurman

Sales Are Strong But Inventory is Low!

OldHouseForSaleIn San Joaquin County, historically very low mortgage interest rates have combined with very low prices driven by foreclosures which brought out all the buyers in bunches. Now, we seem to be running out of inventory! Where is are all the new foreclosure listings? That’s what all the Stockton REALTORS® are asking about now, especially since we all have learned how to work with and get along with banks and asset managers. We have the lowest number of homes on the market since 2005. Well, if you think the foreclosures are done, just drive around town and try and count all the vacant houses!

RealtyTrac: April foreclosures rise 32 percent…MIAMI — The number of U.S. households faced with losing their homes to foreclosure jumped 32 percent in April compared with the same month last year, with Nevada, Florida and California showing the highest rates, according to data released Wednesday.

More than 342,000 households received at least one foreclosure-related notice in April, RealtyTrac Inc. said. That means one in every 374 U.S. housing units received a foreclosure filing last month, the highest monthly rate since the Irvine, Calif.-based foreclosure listing firm began its report in January 2005.

April was the second straight month with more than 300,000 households receiving a foreclosure filing, as the number of borrowers with mortgage troubles failed to abate.

Why I Have Not Been Blogging Lately!

The real estate market in Stockton, California may have finally stabilized over the last couple of months. Multiple offers have been common place on most new listings priced at or around the recent comps. Also, many serious buyers are looking for listings that are not short sales or REO’s due to the many long waits for answers to their offers and other frustrations. The prices in Stockton are at unbelievable low levels and it seems that everyone knows it! The inventory of homes and active available listings have been shrinking from previous levels and all cash offers are not unusual.

Renee Grosz, REALTOR® and I have been working overtime to please all of our new clients. It seems like almost everyone is interested and thinking about buying a home in Stockton and San Joaquin County areas lately. Also, “the real estate investor” is back in the marketplace even though financing is difficult to find for most of them.

Hello world!

Welcome to my new blog website! We are still working on it…so please excuse us for the next few days. Be sure to visit us often for new posts about the local real estate market and information about our listings. Thank you!

Sold Listing at Moorcroft Circle

I’ve just sold a Bank-owned (REO) property at Moorcroft Circle in Stockton. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.