Market Update: With your friendly realtor Eric Fideldy 3.27.2024
Dated: March 29 2024
Views: 35
Happy good God blessed Thursday!
The weather is beautiful and so are some of these newly listed homes that are hitting the local markets in our area!
What is the market like?
Well, we are in a sellers' market and our sellers are still enjoying getting the benefit of the current market flow.
After the year 2020 we witnessed record breaking increases in local home prices, and they were selling quickly and for over asking.
Today the market has changed in favor for many of you! Todays market has possibly positioned you in making your home buying and selling dream's an real and exciting reality!
You guessed right!
I am here to help you!
Now, let's take a look at the current market information and data together below:
Months of inventory: 1.6 months from 2 last month -20.5%
MY OPINION: Residential is tough with higher competition and new programs helping buyers with downpayment s and closing cost! Be first in line and prepared to offer on your new home. I will help you navigate the market trends and the time frames to submit a winning offer!
MY OPINION: New business is booming, and commercial business is expected to increase in 2024-2025. If you have a idea that needs space to flourish I can help you make that dream a reality.
Do not wait to make your escape to your own piece of paradise atop a serene mountain with breathtaking views. This five-acre parcel offers an ideal setting to build your dream home or vacation retreat. Nestled in the charming town of Dobbins, California, this property promises tranquility at an unbeatable price.
Surrounded by majestic mountains, pristine lakes, and winding rivers, this location is a haven for outdoor enthusiasts. Whether you enjoy fishing, wakeboarding at Bullard's Bar Reservoir, or soaking up the sun along the North, Middle, or South Fork Yuba Rivers, endless adventures await just beyond your doorstep. Embrace the thrill of mountain biking in nearby Downieville, a historic mining town rich in natural beauty and recreational opportunities.
With so much to explore and experience, this area is perfect for retirees seeking peaceful serenity or families craving adventure and connection with nature. Don't miss your chance to make this picturesque retreat your own! Come discover the limitless possibilities awaiting you in Dobbins, California!
ARE YOU A NEW FIRST-TIME HOME BUYER?
It's back and the " DREAM FOR ALL" program just might be the perfect program for you!
Contact Nancy today at 209-992-1427
Nancy will help you find the narrow down the perfect mortgage program for you!
As spring approaches us, we typically see home buyers rush back into the housing markets thinking it's the best time to buy!
We offer a strategic approach to finding your dream home, providing you with a variety of options to choose from!
Lodi, Ca Property Highlight:
1352 Rivergate Dr. Lodi, Ca
LODI, CA: Would you like to make the river your playground!
This exceptional custom Rivergate home is just minutes from downtown Lodi and the Lodi Wine Trail but feels like a natural oasis inside and out.
The home's boat dock and large river front access beckon you to enjoy watersports and an active riverfront lifestyle; afterward you'll enjoy spectacular sunsets while relaxing in the pool or spa or on the private Master balcony. A rare chance to own a Mokelumne River gem.
This gracious home has 5 bedrooms, 4 bathrooms, pool area has a full bath, a separate walk-in wine cellar w/climate control. Nearly Olympic-sized pool, built-in spa. A large covered patio that looks out over the river, a ton of backyard living space.
This home has been a wonderful one Family home for decades and a source for many gatherings, fundraisers, and a lifetime of memories. We're just waiting for the next new owners to do the same.
Should you know someone interested in making this house their home, please forward my information to them. I assure you, I will provide them with the utmost care and treat them as if they were family.
Tango by the River, Inc. (EIN 85-1192696) is a not-for-profit charitable organization that relies on the financial support of individuals, corporations, and foundations to achieve its mission to promote the artistry and culture of Argentine Tango.
Tango by the River originally opened at 128 J Street on April 7, 2000, under the parent company Visions of Eden, LLC. On May 13, 2020, we filed our articles of incorporation and became a non-profit.
We very much appreciate Visions of Eden for its years of financial support, and we encourage all of our donors, sponsors, and students to shop Visions of Eden, both in person at 126 J Street in Old Sacramento, or online at
What clients are saying about the best real estate team in Lodi?
The FIDELDY Real Estate Team is amazing, and I highly recommend hiring them for all your real estate needs and services.
BHHS Lodi is classy brokerage, and the team services are luxury all the way through especially with Eric and Nancy!
I just wanted to take a moment to express my heartfelt gratitude for the opportunity to assist remarkable clients like you on their new home journeys.
Whether it's navigating investments, downsizing, or relocating, it's been an absolute pleasure to provide support every step of the way.
By the way, if you happen to know anyone in search of more space this year, please don't hesitate to send them my way - I truly value your referrals! Let's continue working together to make real estate dreams a reality.
🏡 #RealEstate #Gratitude #ReferralsWelcome
MEET JOHN DURTA!
He is dedicated to guiding you and your family on the path to success!
Senior Lender at BHHS Drysdale Properties
Leverage Program Specialist: BUY NOW AND SELL LATER!
Receive CASH UP FRONT for a nominal 1% fee of the purchase price. Inquire with John for details!
Homeownership is not only a crucial financial investment but also an investment in family, friends, memories, and pride. I act as a fiduciary, serving my clients and professional relationships with this principle.
As a native of Northern California and a mortgage executive, I cherish the diverse cities and neighborhoods that I consider home.
On a personal note, I have enjoyed 29 years of marriage with my wife Laura, and we are the proud parents of three wonderful daughters: Hannah, Lilly, and Sophia. My leisure time is spent with family and friends, staying active with exercise, soccer, biking, fishing, and enjoying the great outdoors.
Remember to ask me about cash before you buy programs!
Now is a great time to get in the market before the busy springtime rush! leaving buyers out bid or quickly beat to the punch when finding their dream homes!
In the current market, various mortgage options are available to accommodate different financial situations.
Examples: For FHA* 30 Year Fixed loans, with a principal amount of $500,000, the total repayment amounts to $490,944 with a monthly payment of $2,865 at an interest rate of 5.750% and an annual percentage rate (APR) of 6.682%.
Similarly, VA* 30 Year Fixed loans offer a principal amount of $500,000, with a total repayment of $510,750 and a monthly payment of $2,981 at an interest rate of 5.750% and an APR of 6.159%.
Conforming 30 Year Fixed loans, with a principal amount of $500,000, have a total repayment of $400,000 and a monthly payment of $2,561 at an interest rate of 6.625% and an APR of 6.844%.
On the other hand, conforming 15 Year Fixed loans, with a principal amount of $500,000, result in a total repayment of $400,000 and a monthly payment of $3,322 at an interest rate of 5.750% and an APR of 6.095%.
Lastly, for those seeking larger loan amounts, Jumbo 30 Year Fixed loans offer a principal amount of $1,000,000, with a total repayment of $800,000 and a monthly payment of $5,057 at an interest rate of 6.500% and an APR of 6.700%.
These diverse mortgage options cater to varying needs and preferences in the housing market.
REMEMBER: Always speak with your lender directly: Everyone's situation can be a little bit different based on determining factors such as credit and finances.
Let me know if you have any questions before speaking with a lender.
About Me:With a name synonymous with integrity and trust, I, Eric Fideldy, am proud to be part of the renowned Berkshire Hathaway HomeServices Drysdale Properties and the "DREAM HOME" Team. My unwaver....
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