Wishing you a blessed Wednesday filled with happiness!

The anticipation for the forthcoming spring and summer months is brimming with excitement!

Are you prepared for more delightful times under the sun?

Although it's windy today, whether we're ready or not, the temperature outside is certainly rising. However, the local real estate market is warming up even more rapidly!

With an array of new programs for first-time homebuyers now accessible and ripe for the taking, a multitude of new homes are entering the market, alongside additional new constructions on the horizon.

Moreover, mortgage rates have begun to recede from their peak above 7%.

We're gearing up for an exceptionally bustling second quarter in real estate sales.

Indeed, all signs point to positive news!

March 2024

Let's examine the updated figures as of 3/12/2024:

San Joaquin County: Residential

FOR SALE: Increased to 549 from 520, up by 5.6%

SOLD: 81

PENDING: Increased to 152 from 144, up by 5.6%

AVERAGE PRICE PER SQFT: $319.00

AVERAGE LIST PRICE: Decreased to $712.00 from $738.00, down by 3.1%

AVERAGE SOLD PRICE: Increased to $612.00 from $558.00, up by 9.7%

DAYS ON MARKET (DOM): Reduced to 31 from 41 last month

Months of Inventory: Stands at 2.4, indicating a Sellers' Market.

My Professional Opinion:

The market is gaining momentum, making it an opportune time to sell your home.

Why? Sellers currently have more leverage during negotiations. This advantage can afford you additional time for moving or facilitate an expedited closing.

As the market accelerates, expect an influx of resale homes and the completion of new construction homes ready for occupancy.

Maintain close communication with your realtor! They are attuned to market fluctuations and can devise optimal strategies for you and your family to achieve homeownership.

While the process is not without its challenges, the rewards are substantial, and we are equipped to assist you.

Engaging with us daily ensures that we understand your preferences and timelines thoroughly. Being well-prepared often results in securing a contract within seven days of property hunting. Are you comfortable with this prospect?

If you're poised to take action or require assistance in preparation, rest assured that we've got you covered. Our team has recently been recognized as one of the top twenty real estate companies in terms of production, and we're eager to support your next steps.

Dreams do materialize—let us show you how!

San Joaquin County Commercial:

FOR SALE: 75

SOLD: 74

My Professional Opinion: With the arrival of summer, businesses are set to flourish!

If you're considering expanding your business ventures, 2024 is the year to do it, and I'm here to assist you!

Leased out!

A satisfied client and a content tenant!

This space, which has been meticulously maintained, was proudly and swiftly leased out.

It was immediately ready for occupancy and featured amenities that catered to a variety of business needs.

The property boasts a flexible layout that includes a break room, two restrooms, private offices, and a generous showroom/open office area. Its adaptable design consists of 1/3 warehouse and 2/3 conditioned office/flex space, providing versatility to meet different business requirements.

Should you have commercial needs, remember that I, Eric Fideldy, am your go-to expert.

Here To Help!

FOR SALE:

5b 3b 3 car garage! 

2801 Etcheverry Dr. Stockton, Ca 

Welcome Home!

This charming property features a spacious living room, high vaulted ceilings, lots of windows throughout for natural lighting, gourmet kitchen with stainless steel appliances, a large island, plenty of cabinets for storage, and a versatile dining area. Sliding glass doors lead to a private backyard oasis. Perfect for gatherings and entertaining. Downstairs, find a bedroom and full bathroom, perfect for guests or multi-generational living along with the laundry room. Upstairs, the master suite boasts a luxurious ensuite bathroom, along with three additional bedrooms and another full bathroom. With walking distance to schools, easy access to freeway, shopping and restaurants this home offers the best of Stockton living.

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.

Community Spotlight!

TOGO'S

1433 W. March Ln. Stockton, Ca 

Thinking of making a move in 2024? 

Embracing homeownership and venturing into the realm of entrepreneurship are endeavors that offer profound benefits!

These pursuits are not merely financial milestones but gateways to personal empowerment and societal contribution.

Homeownership is more than an investment in real estate; it's an investment in one's future. It provides a stable foundation from which to build a life of choice and autonomy. The pride of owning a home goes hand-in-hand with the freedom to shape one's environment and the security of a personal sanctuary.

Similarly, starting your own business is an expedition towards self-determination. It's a bold step towards carving out your niche in the world and making an impact. The entrepreneurial journey is replete with challenges, yet it promises the exhilarating potential to realize one's vision and aspirations.

Both paths offer the unparalleled opportunity to harvest the fruits of one's labor. The sweat equity invested in a business can yield limitless returns, while homeownership can provide financial leverage and equity growth over time.

Moreover, these ventures offer recognition for one's contributions. Whether it's through the services provided by a business or the enhancement of community through homeownership, each effort is a testament to individual initiative and dedication.

Ultimately, these journeys are about fulfillment—living a life that resonates with one's values and desires. They are about crafting a legacy, leaving a mark, and enriching not just oneself but also the broader community.

The path to such rewarding experiences is unique for everyone. Let's engage in a conversation about your aspirations and chart a course towards your next significant achievement.

Meet John Dutra.

MEET JOHN DUTRA!

Perfered Mortgage Partners

If you would like to get in touch with our preferred lender John Dutra, he would be delighted to help you decide the best route to getting to where you need to be and, in the time, you need to be there!

While keeping savings in mind for you at any cost!

John has many options and avenues available for you and your family to help make the lending process comfortably and  safely for you. 

"The great thing about John is that he can explain the numbers and the programs in very high detail which makes the process very understanding and smooth for the clients! "

Inform him that you were referred by Eric Fideldy, and he will provide excellent service!"

Update on mortgage rates: The rates have begun to decrease from the high 8% range to the lower and middle 6% to 7% range. They are anticipated to gradually decline over the coming one to two years."

ASK ME WHY NOW IS A GREAT TIME TO SAVE ON YOUR NEXT HOME PURCHASE!

Thank you 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 or in the future! We are here to help! :)  

Have a great day!

Sincerely, Eric and Nancy Fideldy 

The "DREAM HOME" team