On Saturday, August 27, 2011 from 12:00 Noon to 4:00 PM, you are invited to our Open Office at 2652 East Main Street in Stockton. If you are looking for residential, commercial, or investment properties 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!
- Foreclosure auction dates & information.
- Get pre-qualified for a home loan.
- Ask questions about foreclosures and short sales.
- Discuss agency and disclosure requirements.
- Become a member & start up your own Shaklee business $299.
- First-time buyers and investors are welcome.
Stockton Real Estate – Dave Thurman
California
Foreclosure activity slowed again in July, except for a slight increase in Sold to 3rd Party auction sales on the courthouse steps. Notice of Default filings fell by 11.7 percent from June, and 30.6 percent from a year ago. Notice of Trustee Sale filings were down 5.4 percent from June, and have dropped 25.3 percent from July 2010. Cancellations decreased for the third consecutive month, with a 5.3 percent drop compared to June, and were down 32.0 percent year-over-year. Foreclosures going Back to Bank (REO) declined 4.0 percent from June, down for the second month in a row. Foreclosures Sold to 3rd Parties nudged up 1.2 percent from June, and are at the same level as this time last year. Time to Foreclose decreased slightly from June, down less than one percent to 313 days; although year-over-year remained up 19.5 percent. 3rd Party investors continue to resell inventory faster than banks, with the average at 131 days compared to the average Time to Resell for Banks at 235 days.
View all California stats by state, county, city or ZIP
The above foreclosure report is emailed to me each month from ForeclosureRadar…please check out their excellent website at http://www.foreclosureradar.com
Stockton Real Estate – Dave Thurman
Open House ~ My Office at 2652 East Main Street, Stockton CA 95205
Saturdays 11AM – 2PM and Monday Evenings 5PM – 7PM
You are invited to our Open Office at 2652 East Main Street in Stockton. If you are looking for residential, commercial, or investment properties in this area, don’t miss this opportunity to visit and meet with Dave Thurman, REALTOR®. Also, learn all about a Shaklee membership. Come Join Us! Appointments are not necessary!
- Pick up “Dave’s List” of homes for sale!
- Foreclosure auction dates & information.
- Get pre-qualified for a home loan.
- Discuss agency and disclosure requirements.
- First-time buyers and investors are welcome.
- Get discounts & become a Shaklee member.
- Start your own business for only $299.
- Earn vacation trips, a new car & live healthier!
Stockton Real Estate – Dave Thurman
Here is an interesting article I found while searching the internet this evening.
Defaulted Owners Living Payment Free For…Years (and Years)
June 19, 2011
Millions of homeowners in distress are getting some unexpected breathing room — lots of it in some places.
In New York State, it would take lenders 62 years at their current pace, the longest time frame in the nation, to repossess the 213,000 houses now in severe default or foreclosure, according to calculations by LPS Applied Analytics, a prominent real estate data firm.
Clearing the pipeline in New Jersey, which like New York handles foreclosures through the courts, would take 49 years. In Florida, Massachusetts and Illinois, it would take a decade.
In the 27 states where the courts play no role in foreclosures, the pace is much more brisk — three years in California, two years in Nevada and Colorado — but the dynamic is the same: the foreclosure system is bogged down by the volume of cases, borrowers are fighting to keep their houses and many lenders seem to be in no hurry to add repossessed houses to their books.
“If you were in foreclosure four years ago, you were biting your nails, asking yourself, ‘When is the sheriff going to show up and put me on the street?’ ” said Herb Blecher, an LPS senior vice president. “Now you’re probably not losing any sleep.”
When major banks acknowledged last fall that they had been illegally processing foreclosures by filing false court documents, they said that any pause in repossessions and evictions would be brief. All of the major servicers agreed to institute reforms in their foreclosure procedures. In April, the Office of the Comptroller of the Currency and other regulators gave the banks 60 days to draw up a plan to do so. [read more] Real Estate Insider News
Stockton Real Estate – Dave Thurman
Number of Homes for Sale vs. Sold vs. Pending
May 2010 there were 980 homes for sale in Stockton, California in comparison to May 2011 where there was an increase to 1098 homes for sale. The number of homes sold in May 2010 was 411 and in May 2011 the number of homes sold decreased to 358. In May 2010 there were 422 pending sales which increased to 584 in May 2011.
More graphs and charts from our MLS and TrendVision Reports
Stockton Real Estate – Dave Thurman
Here is my latest foreclosure report from ForeclosureRadar. Please check out their website!
06/14/2011 – Third party investors resold the homes they previously purchased at auction at a faster pace throughout our coverage area. As the most sophisticated and motivated homesellers in the marketplace, these investors provide an important indicator as to the health of the entire housing market. While the statistic is encouraging, it’s too early to tell whether it is a turning point from the otherwise recent downward trend within the housing market. [Read More]
California Real Estate Listings – Foreclosures – Dave Thurman
Open House ~ My Office at 2652 East Main Street, Stockton CA 95205
Saturdays 11AM – 2PM and Monday Evenings 5PM – 7PM
You are invited to our Open Office at 2652 East Main Street in Stockton. If you are looking for residential, commercial, or investment properties in this area, don’t miss this opportunity to visit and meet with Dave Thurman, REALTOR®. Also, learn all about a Shaklee membership. Come Join Us! Appointments are not necessary!
- Pick up “Dave’s List” of homes for sale!
- Foreclosure auction dates & information.
- Get pre-qualified for a home loan.
- Discuss agency and disclosure requirements.
- First-time buyers and investors are welcome.
- Get discounts & become a Shaklee member.
- Start your own business for only $299.
- Earn vacation trips, a new car & live healthier!
Stockton Real Estate – Dave Thurman
Open House – My office at 2652 East Main Street, Stockton CA 95205
On Saturday, May 21st, 2011 from 11:00 AM to 2:00 PM, you are invited to our Open Office at 2652 East Main Street in Stockton. If you are looking for residential, commercial, or investment properties 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!
- Foreclosure auction dates & information.
- 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.
Stockton Real Estate – Dave Thurman
On Saturday, May 7th, 2011 from 11:00 AM to 2:00 PM, you are invited to our Open Office at 2652 East Main Street in Stockton. If you are looking for residential, commercial, or investment properties 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!
- Foreclosure auction dates & information.
- 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.
Stockton Real Estate – Dave Thurman
Related articles
Image by Getty Images via @daylife
Don’t become a crime victim when you show your home to potential buyers
Safety should always be a top concern for both real estate agents and home sellers. While holding an open house and allowing potential home buyers to tour the property is an effective means of selling a home, home sellers should be aware of the risks.
MAKING SENSE OF THE STORY
- While most criminals will seek small items and anything they can fit into their pockets, sometimes these “buyers” are actually scoping the home for a future burglary.
- According to a safety expert who has worked with the NATIONAL ASSOCIATION OF REALTORS® and other groups, first and foremost, people should trust their instincts, so if someone or something is making one uncomfortable, be extra alert and extremely careful.
- If a potential buyer or unknown agent arrives at the house unexpectedly, the homeowner should tell him to call their agent to schedule an appointment.
- Before allowing anyone to enter the house, all lights should be turned on and all blinds, shades, and curtains opened. Homes are safer for showing when someone outside can see inside.
- In advance of an open house, homeowners should remove all valuables, including jewelry, artwork, and electronic equipment.
- Additionally, money, mail, bank statements, credit cards and keys should never be kept lying around, or even in a drawer with easy access.
- Prescription drugs should be kept in locked cabinets, to prevent anyone from stealing them or using the information on the label.
- Professional burglars often linger in rooms, looking for items they can dispose of quickly. They also search for ways to get in and out, scouting possible escape routes and checking for security devices. Couples up to no good often split up so one can check out the house and its belongings, while the other keeps the agent and/or seller occupied.
Read the full story
Stockton Real Estate – Dave Thurman
