New Homes are still selling in Lodi or San Joaquin County - weekending 11/07/10
While Manteca continues to top the list and has opened two more projects this week bringing the total number of projects to 14 and available inventory to 86. Sales on the other-hand seem to be led again this week by Mountain House with over 50% of the total net sales.
The Census unemployment impact seems to no longer be adding to job losses and private sector employers appear to be adding jobs. Other indications of a leveling of the economic slide in the manufacturing sector are an improved non-manufacturing job index and an increase in orders in the service sector. The Wells Fargo 
Weekly Economic and Financial Indicator suggests that the data continues to suggest a slow economic growth and limiting factors that would lead to a double-dip recession.
The following information has been extracted from New Homes Sales and Marketing reporting companies and on-site visits for the week ending 11/07/10:
Focus on Stockton: Total Projects Reporting: 4: Traffic: 37; Sales: 1: Cancellations: 0; Net Sales: 1; YTD Sales: 82
San Joaquin County: Total Projects Reporting: 27; Traffic: 210; Sales: 16; Cancellations: 1; Net Sales: 15; YTD Sales: 530 (Three projects report adjusted numbers bringing annual total to: 586.)
Lathrop reporting 3 projects: 0 new releases, 17 in available inventory;
Linden reporting 1 project: 0 new releases, 2 in available inventory;
Lodi reporting 0 projects: no other information available
Manteca reporting 14 projects; 0 new releases, 86 in available inventory;
Mountain House reporting 4 projects: 0 new releases, 11 in available inventory;
Stockton reporting 4 projects: 0 new releases, 32 in available inventory;
Tracy reporting 0 project: 0 new releases, 0 in available inventory;
THE NINES TEAM can arrange showings for any New Construction Project in San Joaquin County. If you are considering this homeownership option, please:
Call Toll Free: 888-868-4398
Comments(0)