Why I Have Not Been Blogging Lately!
Tuesday, May 5, 2009
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.
