MarketWATCH Turlock %%Date%%
Hi %%FirstName%%,
It was great to hear from you who have been thinking about buying a home. We love the stories, the humanity that binds us all, in discovering the “why” of things. As we started last week with the question, “Why am I buying a home in the first place?” The second question is equally as important in determining if purchasing a home NOW will be a good fiscal decision, for a large financial investment.
Where are home values headed?
According to the latest Home Price Index, home values are projected to increase by 5.3% over the next 12 months. What does that mean to you? Simply put, if you are planning on buying a home that costs $250,000 today, that same home will cost you an additional $13,250 if you wait till next year. Your down payment will need to be higher as well to account for the higher home price.
As you consider the question, let's take a look at what's happening in our local real estate market this week
This week in Turlock, we saw 15 listings added, ranging in price from $190,000 - $435,000 and in size from 1,063 sf - 2,845 sf. In addition, there was 1 short sale property, this week.
3806 Porto Fino St., Turlock, CA 95382 $389,950 - MLS# - 16004590
5 bedrooms and 3 baths. A lot of character in a great area in Turlock, with one bedroom and one bathroom downstairs. New paint, flooring, and crown molding in living and family rooms.
1300 Sherwood Dr, Turlock, CA 95380 $364,950 - MLS# - 160042423
bedroom/3 bath 1,993 sf home located in established east central Turlock neighborhood. New interior paint and new plumbing and electrical fixtures throughout. Upstairs loft are - ideal for kids play area or home office. Laminate and tile flooring throughout. Kitchen opens to family room and has separate formal dining/living room. Oversized 2-car garage with additional storage area and possible RV access. Ready to move into and enjoy! Call today for your private showing.
This week's listings in Turlock by price range
$150,000 - $250,000 - Click here
$250,000 - $350,000 - Click here
$350,000 - $450,000 - Click here
$450,000+ - None
Click here for more listing details on the Short Sale property.
%%FirstName%% , no one Realtor has a crystal ball, however, we do have data, of past trends, and of what the natural cycle for real estate is in our local area, as well as nationally. Each week, we send you the data on the week’s listings, so that you can track week-by-week. We do have access to the larger picture, and would be happy to share that with you. Simply reply to this email and ask us what you’d really like to know. It helps if we know when you’re considering buying the home, as based on historical evidence, we can predict the best time of year to buy.
Warmly,
(209) 834-2680
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