Blessed Wednesday!
What an incredible start to the year we've had!
Wishing you tremendous success in 2024, I'm here to support you. Whether it's purchasing your first home or investing in your first business, I've got your back, and our team has you covered!
The key message for 2024 is that it's an opportune time to take action! We're still experiencing a seller's market, offering numerous ways to capitalize on your accumulated equity.
Equity represents the current value of your home versus the initial purchase price, as well as what a ready and willing buyer might offer for your property. Although market conditions can vary, they generally trend upwards over time, increasing in value.
I recommend seizing the moment, as life is fleeting, and the present is always preferable to postponing. |
How is the real estate market performing? Let's examine the figures together:
San Joaquin County Residential
FOR SALE: Increased to 546 from 524 last month, up by 4.2% SOLD: Increased to 181 from 159, up by 13.8% PENDING: Increased to 280 from 248, up by 12.5%
AVERAGE LIST PRICE: $739,000 AVERAGE SOLD PRICE: $607,000 AVERAGE DAYS ON MARKET (DOM): Decreased to 31 from 44, down by 29.5%.
It's a SELLER'S MARKET with only 1.8 months of inventory.
AMADOR COUNTY
FOR SALE: Increased to 167 from 135, up by 23.7% SOLD: Decreased to 16 from 18, down by 11.1% PENDING: Increased to 24 from 19, up by 26.3%
AVERAGE PRICE PER SQUARE FOOT: Increased to $263.00 from $227.00, up by 15.9%
AVERAGE LIST PRICE: Decreased to $693,000 from $738,000, down by -6.6% AVERAGE SOLD PRICE: Increased to $485,000 from $390,000, up by +24.4%
AVERAGE DOM: Decreased to 99 from 106, down by -6.6%
It's a BUYER'S MARKET with a substantial inventory of 6.4 months.
STANISLAUS COUNTY
FOR SALE: Increased to 405 from 364, up by +11.3% SOLD: Increased to 131 from 127, up by +3.1% PENDING: Increased to 201 from 143, up by +40.6%
AVERAGE PRICE PER SQUARE FOOT: Decreased to $279.00 from $291.00, down by -4.1%
AVERAGE LIST PRICE: Increased to $706,000 from $691,000, up by +2.2%
AVERAGE SOLD PRICE: Increased to $509,000 from $504,000, up by +1%
AVERAGE DOM: Remained steady at 34 with no change from last month.
It's a SELLER'S MARKET with only a slight increase in inventory at 1.9 months.
MY OPINION: The market is performing robustly and now is an even better time to invest in a new home or property investment opportunity. Inquire about first-time home buyer programs and the new lower down payment requirements for purchasing multi-unit properties!
Remember that it's about the duration in the market rather than the timing of the market.
If you have any questions at all just let us know! We are more than happy to provide assistance now and in the future! |
San Joaquin County Commercial Properties:
FOR SALE: 75 SOLD: 3 PENDING: 7
MY OPINION: The commercial real estate market is thriving, making it an opportune time to invest in commercial properties! Exploring new business ventures or leasing opportunities could significantly increase your net worth and financial independence.
Should you be interested in any properties or have particular requirements, remember that I, Eric Fideldy, am at your service! |
10141 CLARK RANCH WAY. DOBBINS, CA 5 acres $45,000 Come relax and get away from it all, enjoy some recreation, or build your dream home atop this magical mountain with fantastic views! Five acres of land to build your forever home in the quaint little town of Dobbins California at an extremely affordable price! This property is surrounded by mountains, lakes, and rivers! If you are an outdoor enthusiast then this location is for you! So much to do, so little time! Go fishing or wakeboarding at the nearby Bullard's Bar Reservoir, lay out in the sun and enjoy the North, Middle or South Fork Yuba Rivers, or enjoy mountain biking in the nearby historic mining town of Downieville! This area has so much to offer and is a great place to retire or raise a family. |
Need a loan? Meet John Dutra! I've enjoyed my career in the housing/mortgage industry for nearly 30 years. This industry is my home. Homeownership is a vital financial investment, and investment in family, friends, memories and pride. I consider myself a fiduciary, and approach my clients, and professional relationships in that manner. As a Northern California native, and mortgage executive, I have come to appreciate the diversity of cities, and neighborhoods I call home. On a personal note, I have been married to my spouse Laura for 29 years and we are blessed with 3 wonderful daughters, Hannah, Lilly and Sophia. I enjoy spending time with my family/friends, exercising, soccer, biking, fishing, and the outdoors. I am pleased to earn your trust. WWW.PMPMortgage.com |
New low average of 6% mortgage rates. |
One of my favorite Indian restaurants in Stockton, CA Maharaja Indian Cuisine is Indian traditional & authentic mix of dining or delivery of Indian food at its finest. There is a simple, but flavor-packed, Indian food menu of South & North Indian-inspired curries. Maharaja Indian Cuisine makes an excellent version of masala Meat curries, which is braised with garlic and ginger and served with basmati rice or Naan of choice. We are often termed by customers as top Indian restaurant; Maharaja Indian Cuisine is the space which transports you to India without the spending of plane ticket or 15-hour flight. Come fall in love with Indian food after a trip to our restaurant, they serve an authentic Indian menu at 678 N Wilson Way, Ste 42 Stockton, CA. All dishes are inspired by the food culture of India. Indian food menu at Maharaja Indian Cuisine is rebellious, while also honoring traditional dishes by doing them better. Remember to tell them your realtors sent you; Eric and Nancy Fideldy and they will take great care of you! |
Eric and Nancy were very cordial and professional with everything that they did and provided for us. They were helpful and very accommodating. If we had another house to sell in the area we would definitely utilize their services. |
Eric made me feel like he really cared about me and the sale of my property. I think he did a great job! WOW! We are forever grateful for these amazing reviews and for your trust in us, and we appreciate all of your past and future referrals from your friends and family! We promise to always take great care of them and treat them just like family! We are truly thankful for the opportunity your friendship and your business. #HERETOHELP |
Berkshire Hathaway HomeServices is a global real estate brokerage franchise network. When our name goes on a real estate sign, it means something. It’s a promise of trust, integrity, stability, longevity and the highest standards of work. And we don’t take that promise lightly. That’s why you’ll see these values reflected in every office, every agent, every interaction. Berkshire Hathaway HomeServices is the name buyers and seller's trust. Thank you so much for taking the time to read this email today, let us know if there is anything in the world that we can do for you today. #Heretohelp #BHHSRealtors #CentralValleyRealEstate Sincerely, Eric and Nancy Fideldy The "DREAM HOME" team BHHS 209 |
2 Corinthians 12:9 - My grace is sufficient for you, for my power is made perfect in weakness. |
|