Market Trends -Tracy, California

anrealestatenews

6-1-16

Real estate market trends for the Tracy, CA Triangle are great: buyers demand is strong, interest rates on home loans are not changing too much, but because of fairly low inventory of available homes, home sales prices are slowly on the rise.

By analyzing the statistical report for the month of May 2016 below, the conclusion is that we have a healthy, stable market here locally: Continue reading

February Market Trends in Tracy, CA

anrealestatenewsWith spring just around the corner in Tracy, Real Estate market is already at full speed. We have a seller’s market: low inventory, normal demand. Homes that are listed are selling close to the listing price. The following statistical report is based on and collected from the MLS (Multiple Listing Service) only. This report does not contain any ownership transfers from any other source. Continue reading

Tracy Real Estate Trend

anrealestatenewsNews You Can Use!

2015 was a good year for real estate. Home prices increased modestly in some areas, more sharply in others. Tracy real estate market was very good in 2015. Predictions in the real estate industry are that the year 2016 will be even better, although, interest rates on home loans are on the rise.

Speaking of loans: Lenders offering a wide variety of different loan programs. The best news for first time buyers is that FHA loan limits in San Joaquin County have been adjusted upward, which is what we have been waiting for a long time.
The following statistical data is for December 1st to December 31, 2015:
As of January 3rd, 2016, 141 homes are actively listed in the Tracy, Mountain House and in Tracy Rural areas.
In December 2015, 103 homes have been sold. The average SOLD price in December was $426,230 and these homes have been on the market for an average of 43 days.

Listing price versus Sales Price in December was 98% – a slight seasonal decrease in sales price.

Looking back, 2015 was an overall good year for Tracy/Mountain House real estate market: Between January 1st and December 31st, altogether 1401 homes were sold. The average sales price for the year 2015 was $414,463

To compare these to the year 2014: Homes sold: 1167. Average sales price in 2014: $380,217
That is an average, year-to-year increase of home values by 9.1%…can we repeat this in 2016 please? That would be awesome!  Wishing you all a peaceful, healthy, prosperous 2016!

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Data have been collected and interpreted from MetroList Multiple Listing Service.
About Eva Bradley:
My home town is Tracy, Ca. I am serving the Central Valley Region – Lathrop, Manteca, Patterson, Stockton and Modesto since 1999.
ZIP Codes: 95376, 95377, 95398
Approximate Location Boundaries: Tracy, Mountain House, Rural Tracy
Location Characteristics: Tracy is located in the Central Valley, California and 26 Miles East of the Dublin-Livermore-Pleasanton corridor. Most of Tracy population are commuting to the Silicon Valley to work. Tracy is proud of low crime rates and excellent schools. Summers are hot, winters are foggy. Tracy is doing a great job in attracting big companies to open new facilities, like Amazon and FedEx, giving the opportunity for residents to find higher paying jobs here locally.

For More Information:

About Eva Bradley:
My home town is Tracy, Ca. I am serving the Central Valley Region since 1999: Lathrop, Manteca, Patterson,Stockton and Modesto..

Market Trends In Tracy, CA – October, 2015

anrealestatenewsTemperatures cooling off, day light hours shorten, leaves changing colors and falling – all signs of seasonal changes. Fall is here.

Real estate market conditions around Tracy are still good – no signs of seasonal slowing just yet. Mortgage interest rates did not move too much up or down and as it seems, it will stay like this for a foreseeable future.

Her are the statistical numbers for the month of September, 2015:

As of today, 10/01/2015, 225 homes are actively listed homes for sale, combined in Tracy -Tracy Rural and Mountain House area.

In September 109 Homes have been sold. These homes have been on the market on an average of 30 days before they got sold.

The Average SOLD price in September was $423,579. This is slightly higher than it was in the month before.

List price versus Sales price is right around 100%. This means that home sales prices are holding steady.

It is a great time to sell, but at the same time, a great time to buy real estate! It remains to be seen in which direction the real estate market will be heading in the next few months – we will all be facing changes in the industry; buyers, sellers, lenders, realtors and title companies will all be affected by these changes. Contact me if you would like to hear more details!

Data have been collected and interpreted from MetroList Multiple Listing Service.

About Eva Bradley:
My home town is Tracy, Ca. I am serving the Central Valley Region – Lathrop, Manteca, Patterson, Stockton and Modesto since 1999.
ZIP Codes: 95376, 95377, 95398
Approximate Location Boundaries: Tracy, Mountain House, Rural Tracyspookycotteget2

 

 

CMA – Compareable Market Analysis

 

What Sellers Should Know About CMAs

Whether you are buying or selling a home, your real estate professional can give you a snapshot of the local market known as the competitive or comparative market analysis or CMA. These are convenient reports that help sellers choose a listing price and buyers to make competitive offers on a given home.

CMAs are generated from multiple listing service software and vary greatly depending on the search fields that are input by the real estate professional. Each quantifier makes the search increasingly specific – type of home (detached vs. attached), zip code, number of bedrooms, baths and living areas, square footage, and numerous other search criteria. Continue reading

How to Prepare Yourself for Offers

3 Key Pre-Offer Home Seller Actions

welcometulipsSellers who wait until they’re faced with a buyer’s offer to purchase before initiating three key actions, may be forcing themselves to make too many decisions at once and too quickly.

Most of us are nervous about decision making. Many lack confidence in their ability. Yet, sellers will be faced with quickly making multiple financial, legal, and lifestyle decisions when a buyer’s offer is presented to them. Continue reading

Tips to Eliminate Odors in Your home

Quickly Eliminate Unwanted Odors and Keep Them Away

A survey by the Institute of Inspection, Cleaning and Restoration Certification (IICRC) discovered that more than 80 percent of homeowners make a direct correlation between the cleanliness of their floors and their family’s health. However, the organization notes that a major part of preventing airborne contaminants and keeping your home healthy is odor removal. We might remember to take off our shoes or mop during the weekly cleaning routine, but we often overlook other odors in our closets, laundry and even the ones coming from pets. Here are some quick and easy ways to eliminate odors and help keep them away.

Just add lemon

Adding some lemon can go a long way in eliminating odors from a fish dinner or a funky garbage disposal. Whip up a concoction like the one the professional chefs use after cooking a particularly smelly dinner. The recipe from This Old House: boil two cups of water; add three tablespoons of baking soda and a lemon peel.

Now use the rest of that lemon as a natural disinfectant. Dilute with water and clean stains from your countertops and cutting boards while killing germs at the same time. When you’re done boiling the lemon peel, throw it and any leftover rind down the drain while it’s running along with cold water to clear the smell from your funky garbage disposal.

Give your pet a scent makeover

You might be sniffing out bad odors to your curtains and carpeting, but your pets could be the offending culprits. Fortunately it’s entirely possible to deodorize your pets. Give your pet a regular bath and scrub out their dishes and litter boxes by soaking it with a half inch of vinegar. In a pinch, sprinkle fur with baking soda, rub through and brush it out. They’ll love the attention and smell better too.

Add fresh flowers

Fresh flowers are an eye-catching way to eliminate odor from your home while giving it a style boost. While the arrangement might not have time to completely eliminate unwanted odors in your kitchen or living room, it can mask the smell in the meantime. Flowers are also great when guests are coming over and you’re pressed for time. If you’re the type who keeps fresh arrangements around the house on a regular basis, this part should be pretty easy; however, for many of us, stopping for fresh flowers several times a week is inconvenient when you’ve already got a full schedule. In this case, check out an online flower retailer and have them delivered.

Remove the flowers before they start dropping leaves and turning the water putrid. Pull off any remaining leaves that look healthy and let them dry on a clean countertop. To help eliminate lurking odors in your sock drawer or linen closet, turn the dried flowers into a satchet.

Douse with vinegar

It’s tempting to leave expired food in the fridge and deal with it tomorrow. Instead, immediately throw out any expired or spoiled food. To eliminate germs and odors, wipe down your fridge walls and shelves with white vinegar. To keep new odors at bay, open a box of baking soda and add a pretty dish of lemon slices to keep your fridge smelling fresh.

Before you throw out your old gym clothes or smelly towels, Lifehacker says all you have to do is add vinegar to your wash. Wash the offending laundry in hot water and add two cups of white vinegar without adding detergent. Then wash for a second time with your regular laundry soap.

Sprinkle coffee grounds

Don’t spend a fortune on store-bought odor-eliminators. Instead, fill a few shallow bowls with fresh coffee grounds and shut the door to the room. Let sit overnight.

Coffee grounds can also be canned and put in a footlocker or trunk to get rid of particularly awful odors after a sweaty basketball game or day of fishing. If you need to deodorize something specific like old shoes, place in a bag with coffee grounds and seal tightly. Let it sit a few days and open, launder in vinegar and enjoy the fresh scent.

Written by Realty Times Staff


Wondering About the Value of Your Home? — Call, text or email Eva today to find out! 209-914-0683, eva@evabradley.com. Or visit www.EvaBradleyRealtor.com