East Stockton Home For Sale ~ Open House Saturday 12-2 PM

2120 East Hazelton Avenue, Stockton CA 95205 ~ $155,000

Description: Beautifully upgraded 4 bedroom 2 bath home near Stribley Park in south Stockton. 2-car detached garage with access from gated rear alley. Includes large enclosed patio, fireplace, extra storage or hobby room and lots of wrought iron throughout. This family home built in 1947 is in near perfect condition and is priced right!

Host: Dave Thurman (209) 608-2848 mobile/cell

Dave Thurman Real Estate

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California Pending Home Sales Lift in January

Pending home sales rose from December’s extreme lows and posted month-to-month and year-to-year increases in January, according to C.A.R.  California pending home sales increased in January, with the Pending Home Sales Index (PHSI) rising 26.7 percent from 70.9 in December to 89.8 in January, based on signed contracts.  The month-to-month increase was better than the long-run average increase of 16.3 percent observed in the last six years, and is attributed primarily to seasonal factors.

The share of equity sales – or non-distressed property sales – fell for the third straight month in January.  Equity sales made up 88 percent of all sales in January, down from 89.8 percent recorded in December.  Equity sales have been more than 80 percent of total sales since July 2013 and have risen at or near 90 percent since mid-2014. Equity sales made up 84.3 percent of sales in January 2014.

Additionally, California REALTORS® responding to C.A.R.’s January Market Pulse Survey saw more price reductions and an increase in open house traffic, compared to a year ago.  The Market Pulse Survey is a new monthly online survey of more than 300 California REALTORS® to measure sentiment about their last closed transaction and business activity for the previous month and the last year.
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From C.A.R. ~ C.A.R. Newsline is published by the CALIFORNIA ASSOCIATION OF REALTORS®, a trade association representing more than 175,000 REALTORS® statewide. C.A.R. does not in any way endorse or sponsor any product or service or vendor mentioned herein unless expressly stated.

Fast Facts

Calif. median home price: January 2015:

  • California: $426,790
  • Calif. highest median home price by region/county January 2015: San Mateo, $1,012,500
  • Calif. lowest median home price by region/county January 2015: Del Norte, $152,260

Calif. Pending Home Sales Index:
January 2015: Increased 26.7 percent from 70.9 in December to 89.8 in January.

Calif. Traditional Housing Affordability Index: Fourth Quarter 2014: 30 percent (Source: C.A.R.)

Mortgage rates: Week ending 2/19/2015 (Source: Freddie Mac)
• 30-yr. fixed: 3.76% fees/points: 0.6%
• 15-yr. fixed: 3.05% fees/points: 0.6%
• 1-yr. adjustable: 2.45% Fees/points: 0.4%

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Smart Technology

Selling a Home?

The decision to sell a home is often dependent on many factors. Whatever the situation, I guarantee a commitment to ensure you get the best possible price for your home. You can expect professional, ethical and confidential service. Read more

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Home Staging Can Help Sell Home for More

Most homeowners know it is important to keep a home clean, bright, and free from clutter while it is on the market for sale. But sometimes, REALTORS® say, taking the extra step to stage a home can make a difference in how a buyer values it and the price a seller might get for it, according to the NATIONAL ASSOCIATION OF REALTORS® 2015 Profile of Home Staging.

The report, the first of its kind from NAR, found that 49 percent of surveyed REALTORS® who work with buyers believe staging usually has an effect on the buyer’s view of the home. Another 47 percent believe that staging only sometimes has an impact on a buyer’s view of the home only. Only 4 percent of REALTORS® said staging has no impact on buyer perceptions.

REALTORS® on the buyer side believe that staging makes an impact in several ways:

  • Eight-one percent said staging helps buyers visualize the property as a future home
  • More than 45 percent said it makes prospective buyers more willing to walk through a home they saw online
  • Forty-five percent said a home decorated to a buyer’s tastes positively impacts its value;
  • Ten percent of REALTORS® said a home decorated against a buyer’s tastes could negatively impact the home’s value

From the seller side, a majority of Realtors® utilize staging as a tool in at least some instances.

  • Just over one-third of REALTORS® (34 percent) utilize staging on all homes
  • Thirteen percent tend to stage only those homes difficult to sell
  • Four percent will do staging only for higher priced homes.
  • The median cost spent on staging a home is $675. Sixty-two percent of REALTORS® representing sellers say they offer home staging service to sellers, while 39 percent say the seller pays before listing the home.

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Fast Facts

Calif. median home price: December 2014:

  • California: $452,570
  • Calif. highest median home price by region/county December 2014: Marin, $990,130 million
  • Calif. lowest median home price by region/county December 2014: Glenn, $176,670

Calif. Pending Home Sales Index:
November 2014: Decreased 13.4 percent from 104.8 in October to 90.7 in November.

Calif. Traditional Housing Affordability Index: Second Quarter 2014: 30 percent (Source: C.A.R.)

Mortgage rates: Week ending 2/5/2014 (Source: Freddie Mac)
• 30-yr. fixed: 3.59% fees/points: 0.7%
• 15-yr. fixed: 2.92% fees/points: 0.6%
• 1-yr. adjustable: 2.39% Fees/points: 0.4%

From C.A.R. ~ C.A.R. Newsline is published by the CALIFORNIA ASSOCIATION OF REALTORS®, a trade association representing more than 175,000 REALTORS® statewide. C.A.R. does not in any way endorse or sponsor any product or service or vendor mentioned herein unless expressly stated.

 

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Buyers’ Remorse

From CAR ~ One Cool Thing is published by the CALIFORNIA ASSOCIATION OF REALTORS®, a trade association representing more than 175,000 REALTORS® statewide.

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