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  • Published Date

    January 8, 2022
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THE REAL (ESTATE) STORY By Larry Underhill HOW'S THE MARKET? As I pound out this column, Metrolist MLS shows TWENTY-SEVEN active single-family homes listed in Lodi. In 38 years in this business, I've never seen it this low. Conclusion: If you were ever thinking of listing your home for sale, this is an optimal time. Want to talk? We specialize in the unvarnished truth, whether it benefits us personally or not. More interesting stats below. CONGRATULATIONS to Calvin and adult daughter Nadine on the successful SALE of their Lodi multi- unit income property! Partner and Team Co-Leader Angel McGregor carried this ball down the field. Very gracefully, too, considering the surprises and challenges of this particular escrow. This business is nothing like the TV version: "Show clients three homes, pick one, close the sale." The reality is a lot like WORK! SPEAKING OF WORK, The Statesman Team's John DuBois has once again triumphed (on behalf of his Buyers), negotiating the winning offer out a field of several offers. Way to go, John! 2022 looks bright! ACCORDING TO TRENDGRAPHIX, the average Lodi-area single-family home SOLD for 13.3 ago! Dr. Lawrence Yun, chief economist for the National Association of Realtors, expects average percent more than one year home prices nationwide to rise this year, but by a smaller percentage (He sez 5 to 6 %). MY OLD BONES tell me this party's gotta end, but consider this: Tight inventory. Low mortgage rates (even as they rise to the high 3's, that is LOW). Strong Buyer demand. As Brian Buffini observes, this is a "Professional's Market". It requires experience and skill to guide our clients through the white water of a transaction. Questions? Call us! And have a great week! THE STATESMAN KW TEAM License 00858988 209-333-2380 CAL BRE LICENSE NUMBER 01907539 www.TheStatesmanTeam.com THE REAL (ESTATE) STORY By Larry Underhill HOW'S THE MARKET? As I pound out this column, Metrolist MLS shows TWENTY-SEVEN active single-family homes listed in Lodi. In 38 years in this business, I've never seen it this low. Conclusion: If you were ever thinking of listing your home for sale, this is an optimal time. Want to talk? We specialize in the unvarnished truth, whether it benefits us personally or not. More interesting stats below. CONGRATULATIONS to Calvin and adult daughter Nadine on the successful SALE of their Lodi multi- unit income property! Partner and Team Co-Leader Angel McGregor carried this ball down the field. Very gracefully, too, considering the surprises and challenges of this particular escrow. This business is nothing like the TV version: "Show clients three homes, pick one, close the sale." The reality is a lot like WORK! SPEAKING OF WORK, The Statesman Team's John DuBois has once again triumphed (on behalf of his Buyers), negotiating the winning offer out a field of several offers. Way to go, John! 2022 looks bright! ACCORDING TO TRENDGRAPHIX, the average Lodi-area single-family home SOLD for 13.3 ago! Dr. Lawrence Yun, chief economist for the National Association of Realtors, expects average percent more than one year home prices nationwide to rise this year, but by a smaller percentage (He sez 5 to 6 %). MY OLD BONES tell me this party's gotta end, but consider this: Tight inventory. Low mortgage rates (even as they rise to the high 3's, that is LOW). Strong Buyer demand. As Brian Buffini observes, this is a "Professional's Market". It requires experience and skill to guide our clients through the white water of a transaction. Questions? Call us! And have a great week! THE STATESMAN KW TEAM License 00858988 209-333-2380 CAL BRE LICENSE NUMBER 01907539 www.TheStatesmanTeam.com