Ok now here is something you probably have not read about in the newspaper or heard on the TV news. Home sales in Turlock are going up! Homes listed for sale are slightly down.
These statistics are for Turlock.
March 07 Listed 713
March 08 Listed 676
March 07 Pending 60
March 08 Pending 108
March 07 Sold 55
March 08 Sold 68
So what is driving the market right now?
Just over half (54%) of the sales in March were Bank Owned (REO) properties. We are starting to see homes get multiple offers now too. If it's a home that is in good shape and well priced there is a good chance it is going to sell fast.
Homes are selling.
Loans are available.
Prices are down.
Call me today if you are thinking about buying or selling real estate anywhere in Stanislaus or Merced county. I can also send you a list of Bank Owned homes , just call or email me.
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