<?xml version="1.0"?><rss version="2.0"><channel><title>Tracy Real Estate Blog</title><link>http://www.tracyrealestateexpert.com/blog</link><description>Tracy CA real estate market news provided by Century 21 M&amp;M and Associates</description><lastBuildDate>Tue, 13 Jul 2010 00:00:00 GMT</lastBuildDate><item><title>Those of us who remember...</title><description><![CDATA[<p style="text-align: center;"><span style="font-size: 12pt;"><span style="font-family: Arial;"><strong><img src="http://www.tracyrealestateexpert.com/agent_files/forthoseofuswhoremember.JPG" alt="" width="302" height="317" /></strong></span></span></p>
<p style="text-align: left;"><span style="font-size: 12pt;"><strong><span style="font-family: arial,helvetica,sans-serif;">Hollywood</span></strong><strong><span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 10pt;">&nbsp;Squares:&nbsp;<br /></span></span></strong><strong><span style="font-size: 10pt;"><span style="font-size: 10pt;"><br /><span style="font-family: arial,helvetica,sans-serif;">These great questions and answers are from the days when ' Hollywood Squares' game show responses were spontaneous, not scripted, as they are now. Peter Marshall was the host asking the questions, of course..&nbsp;<br /><br /><br /></span></span></span><span style="color: #0000ff;"><span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 13pt;">Q.&nbsp;</span></span></span><span style="font-size: 14pt;"><span style="font-size: 13pt;"><span style="font-family: arial,helvetica,sans-serif;">Paul, what is a good reason for pounding meat?</span><span style="font-family: arial,helvetica,sans-serif;"><span style="color: #0033cc;">&nbsp;<br /></span><span style="color: #0000ff;">A. Paul Lynde: Loneliness!</span></span><span style="font-family: arial,helvetica,sans-serif;"><span style="color: #0033cc;">&nbsp;<br /></span><span style="color: #808000;">(The audience laughed so long and so hard it took up almost 15 minutes of the show!)</span></span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;<br /></span></span></span><span style="font-size: 14pt;"><span style="font-size: 13pt;"><span style="color: #0033cc;"><br /></span><span style="font-family: arial,helvetica,sans-serif;"><span style="color: #0000ff;">Q.&nbsp;</span><span style="color: #ff0000;">Do female frogs croak?</span></span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;<br />A. Paul Lynde: If you hold their little heads under water long enough.&nbsp;<br /><br />Q.&nbsp;</span><span style="font-family: arial,helvetica,sans-serif;">If you're going to make a parachute jump, at least how high should you be?<br /></span><span style="font-family: arial,helvetica,sans-serif;">A. Charley Weaver: Three days of steady drinking should do it.&nbsp;<br /></span><span style="color: #0000ff;"><br /><span style="font-family: arial,helvetica,sans-serif;">Q.</span></span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;True or False, a pea can last as long as 5,000 years..</span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;<br />A. George Gobel: Boy, it sure seems that way sometimes.&nbsp;<br /><br />Q.</span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;You've been having trouble going to sleep. Are you probably a man or a woman?&nbsp;<br /></span><span style="font-family: arial,helvetica,sans-serif;">A. Don Knotts: That's what's been keeping me awake.&nbsp;<br /></span><span style="color: #0000ff;"><br /><span style="font-family: arial,helvetica,sans-serif;">Q.&nbsp;</span></span><span style="font-family: arial,helvetica,sans-serif;"><span style="color: #ff0000;">According to Cosmopolitan, if you meet a stranger at a party and you</span><span style="color: #0000ff;">&nbsp;</span></span><span style="font-family: arial,helvetica,sans-serif;"><span style="color: #ff0000;">think that he is attractive, is it okay to come out and ask him if he's married?&nbsp;<br /></span>A.. Rose Marie: No wait until morning.&nbsp;<br /><br /><span style="color: #0000ff;">Q.</span></span></span></span><span style="font-family: verdana,geneva;"><span style="font-size: 10pt;"><span style="font-family: arial,helvetica,sans-serif;">&nbsp;</span></span></span><span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 13pt;">Which of your five senses tends to diminish as you get older?&nbsp;<br /></span></span><span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 13pt;">A. Charley Weaver: My sense of decency..&nbsp;<br /></span></span><span style="font-size: 14pt;"><span style="font-size: 13pt;"><span style="color: #0000ff;"><br /><span style="font-family: arial,helvetica,sans-serif;">Q.</span></span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;In Hawaiian, does it take more than three words to say 'I Love You'?</span><span style="font-family: arial,helvetica,sans-serif;"><span style="color: #0000ff;">&nbsp;<br />A. Vincent Price: No, you can say it with a pineapple and a twenty..&nbsp;<br /><br />Q.</span><span style="color: #ff0000;">&nbsp;What are 'Do It,' 'I Can Help,' and 'I Can't Get Enough'?</span></span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;<br />A. George Gobel: I don't know, but it's coming from the next apartment.&nbsp;<br /><br />Q.</span><span style="font-family: arial,helvetica,sans-serif;"><span style="color: #ff0000;">&nbsp;As you grow older, do you tend to gesture more or less with your hands while talking?&nbsp;<br /></span><span style="color: #0000ff;">A.. Rose Marie: You ask me one more growing old question Peter, and I'll give you a gesture you'll never forget.</span></span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;<br /></span><span style="color: #0033cc;"><br /></span><span style="font-family: arial,helvetica,sans-serif;">Q.</span></span></span><span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 10pt;"><span style="font-size: 10pt;">&nbsp;</span></span><span style="color: #ff0000;"><span style="font-size: 14pt;"><span style="font-size: 13pt;">Paul, why do Hell's Angels wear leather?</span></span></span></span><span style="font-size: 14pt;"><span style="font-size: 13pt;"><span style="font-family: arial,helvetica,sans-serif;">&nbsp;<br />A. Paul Lynde: Because chiffon wrinkles too easily.&nbsp;<br /><br />Q.</span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;Charley, you've just decided to grow strawberries. Are you going to get any during the first year?&nbsp;<br /></span><span style="font-family: arial,helvetica,sans-serif;">A. Charley Weaver: Of course not, I'm too busy growing strawberries.&nbsp;<br /></span></span></span><span style="font-size: 14pt;"><span style="font-size: 13pt;"><span style="color: #0000ff;"><br /><span style="font-family: arial,helvetica,sans-serif;">Q.</span></span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;In bowling, what's a perfect score?</span><span style="font-family: arial,helvetica,sans-serif;"><span style="color: #0000ff;">&nbsp;<br />A. Rose Marie: Ralph, the pin boy.&nbsp;<br /><br />Q.&nbsp;</span><span style="color: #ff0000;">It is considered in bad taste to discuss two subjects at nudist camps. One is politics, what is the other?</span></span><span style="font-family: arial,helvetica,sans-serif;"><span style="color: #0000ff;">&nbsp;<br />A. Paul Lynde: Tape measures.&nbsp;<br /><br />Q.</span><span style="color: #ff0000;">&nbsp;During a tornado, are you safer in the bedroom or in the closet?</span></span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;<br />A.. Rose Marie: Unfortunately Peter, I'm always safe in the bedroom.&nbsp;<br /><br />Q.</span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;Can boys join the Camp Fire Girls?&nbsp;<br /></span><span style="font-family: arial,helvetica,sans-serif;">A. Marty Allen: Only after lights out.&nbsp;<br /></span><span style="color: #0000ff;"><br /><span style="font-family: arial,helvetica,sans-serif;">Q.</span></span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;When you pat a dog on its head he will wag his tail. What will a goose do?</span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;<br />A. Paul Lynde: Make him bark?&nbsp;<br /><br />Q.</span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;If you were pregnant for two years, what would you give birth to?&nbsp;<br /></span><span style="font-family: arial,helvetica,sans-serif;">A.. Paul Lynde: Whatever it is, it would never be afraid of the dark.&nbsp;<br /></span><span style="color: #0000ff;"><br /><span style="font-family: arial,helvetica,sans-serif;">Q.</span></span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;According to Ann Landers, is there anything wrong with getting into the habit of kissing a lot of people?</span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;<br /></span><span style="font-family: arial,helvetica,sans-serif;">A. Charley Weaver: It got me out of the army.&nbsp;<br /></span><span style="color: #0000ff;"><br /><span style="font-family: arial,helvetica,sans-serif;">Q.</span></span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;It is the most abused and neglected part of your body, what is it?&nbsp;<br /></span><span style="font-family: arial,helvetica,sans-serif;">A. Paul Lynde: Mine may be abused, but it certainly isn't neglected.&nbsp;<br /></span><span style="color: #0000ff;"><br /><span style="font-family: arial,helvetica,sans-serif;">Q.&nbsp;</span></span><span style="font-family: arial,helvetica,sans-serif;">Back in the old days, when Great Grandpa put horseradish on his head, what was he trying to do?&nbsp;<br /></span><span style="font-family: arial,helvetica,sans-serif;">A. George Gobel: Get it in his mouth.&nbsp;<br /></span><span style="color: #0000ff;"><br /><span style="font-family: arial,helvetica,sans-serif;">Q.</span></span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;Who stays pregnant for a longer period of time, your wife or your elephant?</span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;<br />A. Paul Lynde: Who told you about my elephant?&nbsp;<br /><br />Q.&nbsp;</span><span style="font-family: arial,helvetica,sans-serif;">When a couple have a baby, who is responsible for its sex?&nbsp;<br /></span><span style="font-family: arial,helvetica,sans-serif;">A. Charley Weaver: I'll lend him the car, the rest is up to him&nbsp;<br /></span><span style="color: #0000ff;"><br /><span style="font-family: arial,helvetica,sans-serif;">Q.</span></span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;Jackie Gleason recently revealed that he firmly believes in them and has actually seen them on at least two occasions. What are they?&nbsp;<br /></span><span style="font-family: arial,helvetica,sans-serif;">A. Charley Weaver: His feet.&nbsp;<br /></span><span style="color: #0000ff;"><br /><span style="font-family: arial,helvetica,sans-serif;">Q.</span></span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;According to Ann Landers, what are two things you should never do in bed?</span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;<br />A. Paul Lynde: Point and laugh</span><span style="font-family: arial,helvetica,sans-serif;">&nbsp;<br /></span><span style="color: #000080;"><br /></span><span style="font-family: arial,helvetica,sans-serif;">WE DON'T STOP LAUGHING BECAUSE WE GROW OLD, WE GROW OLD BECAUSE WE STOP LAUGHING!<br /></span></span></span></strong></span></p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/Those-of-us-who-remember</link><guid>http://www.tracyrealestateexpert.com/Blog/Those-of-us-who-remember</guid><pubDate>Tue, 31 Aug 2010 11:08:00 GMT</pubDate></item><item><title>Is Now a Good Time to Buy?</title><description><![CDATA[<p style="text-align: center;"><span style="font-family: times new roman,times;"><span style="font-size: 18pt;">YES, EVEN IF PRICES CONTINUE TO DROP</span></span></p>
<p style="text-align: center;"><span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 12pt;"><span style="font-family: times new roman,times;"><span style="font-size: 14pt;">And here is why&hellip;&hellip;&nbsp; </span></span></span></span></p>
<p><span style="font-family: arial,helvetica,sans-serif;"><span style="font-size: 12pt;"><span style="font-family: times new roman,times;"><span style="font-size: 12pt;">I know prices are dropping still (although last month they went up slightly) but is this a good time to buy?&nbsp; The answer is a resounding YES.&nbsp; If you bought a $200,000 dollar home (and for the purpose of illustration obtained a $200,000 loan), and that house drops 10% in the next year the math is easy, you just lost $20,000&nbsp;&nbsp; BUT - and this is a big BUT - if you obtained a loan today for that house at 4.25%, and if that same loan in one year costs 6% then the difference in payment is a lot LESS if you buy the house now.&nbsp; ($200k @ 4.25% = $984 / $200k @ 6.0% = $1,199) for a difference of $215 every month&nbsp; Over 30 years that difference is a whopping $77,400!&nbsp; One thing we have been assured of is that interest rates have to and eventually will be going up as the economy improves.</span></span></span></span></p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/Is-Now-a-Good-Time-to-Buy</link><guid>http://www.tracyrealestateexpert.com/Blog/Is-Now-a-Good-Time-to-Buy</guid><pubDate>Mon, 30 Aug 2010 16:14:00 GMT</pubDate></item><item><title>East of Eden</title><description><![CDATA[<p style="text-align: center;"><img class="image_img" title="Courtesy photo" src="http://matchbin-assets.s3.amazonaws.com/public/sites/543/assets/FOR7_eoe_frankie_8_27_10.jpg" alt="Courtesy photo" width="150" height="216" /></p>
<p>Frankie, a sweet, playful dog with lots of energy, is about 10 months old. He loves attention and will usually roll onto his back for a belly rub. He learns quickly and wants to please. <br /><br />Frankie loves the water and will take a nap in the kiddie pool when it&rsquo;s too hot. Frankie is still young, so he needs lots of attention and exercise. He gets along great with other dogs, ignores cats and even lets chickens eat his food. He loves people of all ages. <br /><br />Frankie is crate trained, housebroken, neutered, up to date on all medications and micro-chipped.<br /><span style="font-size: 8pt;"><em></em></span></p>
<p><span style="font-size: 8pt;"><em>&bull; East of Eden is a rescue group. Its volunteers are at Petco, 2888 Grant Line Road, from noon to 3 p.m. Saturdays. 815-5186.</em> </span></p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/East-of-Eden</link><guid>http://www.tracyrealestateexpert.com/Blog/East-of-Eden</guid><pubDate>Fri, 27 Aug 2010 13:44:00 GMT</pubDate></item><item><title>At the Shelter</title><description><![CDATA[<p class="separator" style="text-align: center; clear: both;"><a style="margin-left: 1em; margin-right: 1em;" href="http://4.bp.blogspot.com/_PCbJqrbBrWg/THgizS-8MfI/AAAAAAAAAqE/8OJrMbw7K1k/s1600/AWSN_pet_of_the_week__08_27_10.jpg"><img src="http://4.bp.blogspot.com/_PCbJqrbBrWg/THgizS-8MfI/AAAAAAAAAqE/8OJrMbw7K1k/s200/AWSN_pet_of_the_week__08_27_10.jpg" border="0" alt="" width="185" height="200" /></a></p>
<p>Desi is a 2-year-old female Great Dane mix available for adoption at the Tracy Animal Shelter.</p>
<p>Also available are Phillip, a 2-year-old male dachshund mix, and many adult cats and kittens.&nbsp;</p>
<p>The shelter staff seeks donations of canned or dry dog food and washcloths.</p>
<p><span style="font-size: 8pt;"><em>&bull; The Tracy Animal Shelter, 370 Arbor Road, is open from noon to 5:30 p.m. Tuesdays through Saturdays. For information: 831-6364.</em></span></p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/At-the-Shelter</link><guid>http://www.tracyrealestateexpert.com/Blog/At-the-Shelter</guid><pubDate>Fri, 27 Aug 2010 00:00:00 GMT</pubDate></item><item><title>Welcome Judi!</title><description><![CDATA[<p style="text-align: center;"><span class="142044621"><span style="font-family: times new roman,times;"><span style="font-size: 12pt;"><img src="http://www.tracyrealestateexpert.com/agent_files/Judi001.JPG" alt="" width="274" height="259" /></span></span></span></p>
<p><span class="142044621"><span style="font-family: times new roman,times;"><span style="font-size: 12pt;">I never thought we would have another cat in our home again.&nbsp; After saying goodbye to our black cat Boo, who was 17 years old, I thought that was it for cats.&nbsp; Until last month....</span></span></span></p>
<p><span class="142044621"><span style="font-family: times new roman,times;"><span style="font-size: 12pt;">I spent 2 nights at Kaiser Hospital because I was experiencing very rapid heart beats and I went to the ER.&nbsp; Its called tacardia and I have been going through this for a year now.&nbsp; Anyway, I went Friday at about 5:00 because I got light headed also.&nbsp; They kept me there in the ER for 6 hours.&nbsp; I told them they better give me some medicine and get me better because Bill and I had tickets to see Paul McCartney Saturday in San Francisco. They would not listen to me and sent me up to the ICU. The nurse said to me, " What is it you want, Paul McCartney or death?"&nbsp; I said I would die happy but Bill wouldn't go for it. They did calm down the heart rate so I still had to stay. </span></span></span></p>
<p><span class="142044621"><span style="font-family: times new roman,times;"><span style="font-size: 12pt;">When Bill left the hospital about 3:00 in the morning, on his way to the car, there was this tiny kitten just meowing and following him.&nbsp; The poor little thing was starving and all alone.&nbsp; Bill, if you know him, is a total animal lover and could not ignore this little one.&nbsp; He took her home and did the best he could to make her safe.&nbsp; When he came back to the hospital, he broke the news to me that we have a guest.&nbsp; </span></span></span></p>
<p><span class="142044621"><span style="font-family: times new roman,times;"><span style="font-size: 12pt;">Anyway, when I got home the next day, the first thing I did was care for this very tiny baby. She must have been only 4 or 5 weeks old.&nbsp; She needed a bath to get rid of the fleas and lots of food.&nbsp; We went shopping and got her a great townhouse to stay in to keep her away from our beloved dogs.&nbsp; She has now more than doubled her weight and is taking over the house.&nbsp; The dogs actually like to play with her and I think she really thinks she is a dog.&nbsp; I swear I heard her trying to bark!&nbsp; </span></span></span></p>
<p><span class="142044621"><span style="font-family: times new roman,times;"><span style="font-size: 12pt;">Well, we ended up naming her Jude (for you know, Hey Jude!) just to remind me of the missed concert.&nbsp; I think she is a fine addition to our family and I realized that I really missed having a cat around.&nbsp; </span></span></span></p>
<p><span class="408080523"><span style="font-family: times new roman,times;"><strong><span style="font-size: 18pt;"><em>Pat</em></span></strong></span></span></p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/Welcome-Judi</link><guid>http://www.tracyrealestateexpert.com/Blog/Welcome-Judi</guid><pubDate>Tue, 24 Aug 2010 00:00:00 GMT</pubDate></item><item><title>Fannie Mae’s “Home Path” could be your path to homeownership.</title><description><![CDATA[<p>As many of you know <a href="http://www.fanniemae.com">Fannie Mae</a> is one of the largest insurers of mortgages in the nation. They have a lot of homes to sell.&nbsp; To make it easier for potential homebuyers Fannie Mae introduced their Home Path financing program.&nbsp; Much like an <a href="http://www.hud.gov/offices/hsg/fhahistory.cfm">FHA</a> loan (which Fannie Mae also insures) it was designed to provide an easier &ldquo;path&rdquo; to homeownership for qualified buyers.&nbsp; Some of the highlights of the program include:&nbsp;</p>
<p>A minimum down payment of 3% required for a principle residence.&nbsp; Like FHA this can be a gift.&nbsp;</p>
<p>No mortgage insurance required.&nbsp; The loan is self insured therefore the rate will adjust depending on the down payment. This avoids the borrower having to deal with a separate mortgage insurance company and their guidelines.</p>
<p>No appraisal needed.&nbsp; This eliminates a $450-500 fee for the borrower.</p>
<p>You do NOT need to be a first time buyer and Investors can purchase with as little as a 10% down payment.&nbsp; It can also be a second home.</p>
<p>This &ldquo;home path&rdquo; financing is not for everyone but all borrowers should look down this path when available.&nbsp;&nbsp;The Barringer Team will be able to tell you if the home you are looking at qualifies for this program.&nbsp; Enjoy looking for your new home.</p>
<p>Sincerely,</p>
<p>Alex Alvarez</p>
<p><span style="font-size: 8pt;">Alex Alvarez is the sales manager of Wells Fargo in Tracy CA.&nbsp; He holds a BS in Business Finance and a Minor in Economics.&nbsp; He has been in lending since 1988 and has lived in Tracy since 1994.&nbsp; To contact Alex please call him at 800 399 1820.</span></p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/Fannie-Maes-Home-Path-could-be-your-path-to-homeownership</link><guid>http://www.tracyrealestateexpert.com/Blog/Fannie-Maes-Home-Path-could-be-your-path-to-homeownership</guid><pubDate>Mon, 23 Aug 2010 10:12:00 GMT</pubDate></item><item><title>The Right Agent</title><description><![CDATA[<p><span style="font-size: 10pt;">It is true, over 80% of home buyers in the country began their home home search online last year. &nbsp;This is a significant number and yet the majority of the Real Estate agents continue to market homes with traditional methods that do not tap into this huge pool of prospective home buyers. &nbsp;Today's technology allows agents easy access to the internet, yet few have learned the secrets that will truly give them access to the home buying public. &nbsp;As I look around the&nbsp;Tracy market area I see very few agents marketing homes in any other way than the same methods that were employed a decade or more ago. &nbsp;The fact is that the purchasing habits of the consumer have changed and yet the industry that feeds potential home buyers their information lags painfully behind. &nbsp;This trend is certainly not going to change in the future. &nbsp;In fact new technology with video, etc. is going to attract even more potential home buyers to the internet for their home search.
<p>My suggestion here is that if you are going to be selling a home, do your research. &nbsp;Find an agent who understands internet marketing and has taken the time to build the systems that will truly put your home in front of millions of potential buyers on the internet. &nbsp;Don't be fooled by the fact that some agents will try to convince you that traditional home marketing methods still work. &nbsp;The true fact is that the agent who can serve you best most likely is no longer using traditional marketing methods. The numbers tell the story. &nbsp;With 80%+ of all home buyers finding homes on the internet, if you want to sell in this market you need an expert who knows precisely how to tap into this growing buyer pool.</p>
</span></p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/The-Right-Agent</link><guid>http://www.tracyrealestateexpert.com/Blog/The-Right-Agent</guid><pubDate>Tue, 17 Aug 2010 14:34:00 GMT</pubDate></item><item><title>Not on my Best Day</title><description><![CDATA[<p>
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</p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/Not-on-my-Best-Day-2</link><guid>http://www.tracyrealestateexpert.com/Blog/Not-on-my-Best-Day-2</guid><pubDate>Mon, 16 Aug 2010 10:01:00 GMT</pubDate></item><item><title>Found Baby</title><description><![CDATA[<p style="text-align: center;"><img src="http://www.tracyrealestateexpert.com/agent_files/toto.JPG" alt="" width="224" height="162" />&nbsp; <img src="http://www.tracyrealestateexpert.com/agent_files/toto1.jpg" alt="" width="203" height="164" /></p>
<p><span style="font-size: 12pt;">This adorable dog was found near Parkside/Spring Court in Tracy without a collar. He is very nice and well mannered. Needs help finding his owner or a home.</span></p>
<p style="text-align: right;">Contact: <a href="mailto:jdement@c21mm.com">jdement@c21mm.com</a></p>
<p>&nbsp;</p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/Found-Baby</link><guid>http://www.tracyrealestateexpert.com/Blog/Found-Baby</guid><pubDate>Mon, 16 Aug 2010 09:49:00 GMT</pubDate></item><item><title>Fewer U.S. homeowners have ‘underwater mortgages’</title><description><![CDATA[<p><span style="font-size: 10pt;">A smaller percentage of U.S. homeowners were saddled with "underwater mortgages" in the second quarter as more homes entered the foreclosure process even as price declines slowed, real estate Web site <a title="http://www.zillow.com/" href="http://www.zillow.com/"><strong title="http://www.zillow.com/">Zillow.com</strong></a><strong> </strong>said on Monday.
<p>Fewer homeowners with so-called underwater mortgages, where the amount owed on the mortgage exceeds the home's value, is nevertheless a positive for the housing market as it could portend fewer defaults and foreclosures down the road.</p>
<p>The percentage of American single-family homes with mortgages<a title="http://www.cnbc.com/id/38574841/" href="http://www.cnbc.com/id/38574841/"><strong title="http://www.cnbc.com/id/38574841/">&nbsp;</strong></a>in negative equity fell to 21.5 percent in the second quarter from 23.3 percent in the first quarter and 23 percent a year ago, according to the Zillow Real Estate Market Reports.</p>
<p>These underwater mortgages are one of the biggest banes of homeowners since negative equity makes many of them unqualified for home loan refinancing and prevents some from selling.</p>
<p>It is too soon to say for sure, but this could be the first indication that the national home foreclosure rate is going to start slowing down. &nbsp;Another quarter of improvement will give us a better indication if this is an actual trend.</p>
<p>Have An Awesome Week!</p>
</span></p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/Fewer-US-homeowners-have-underwater-mortgages</link><guid>http://www.tracyrealestateexpert.com/Blog/Fewer-US-homeowners-have-underwater-mortgages</guid><pubDate>Mon, 09 Aug 2010 11:38:00 GMT</pubDate></item><item><title>Mortgage rates hit low of 4.49 pct.</title><description><![CDATA[<p><span style="font-size: 12pt;">Average rates for fixed mortgages fall to 4.49 pct., lowest level on record.</span></p>
<p>Mortgage rates dropped to the lowest level in decades for the sixth time in seven weeks, offering the most attractive opportunity for those who qualify to refinance or purchase a home.</p>
<p>Government-controlled mortgage buyer <a href="http://www.freddiemac.com">Freddie Mac</a> said Thursday that the average rate for 30-year fixed loans this week was 4.49 percent, down from 4.54 percent last week. That's the lowest since Freddie Mac began tracking rates in 1971</p>
<p>The average rate on the 15-year fixed loan dropped to 3.95 percent, down from 4 percent last week and the lowest on record.</p>
<p>Rates have fallen since spring as investors seek the safety of <a href="http://www.ustreas.gov/">U.S. Treasury</a> bonds. That has lowered the yield on Treasurys. Mortgage rates tend to track those yields.</p>
<p>The last time home loan rates were lower was during the 1950s, when most mortgages lasted just 20 or 25 years.</p>
<p>Low rates have sparked some activity in the weak housing market, but not a massive boom in refinancing.</p>
<p>Applications to refinance loans increased 1.3 percent and those to purchase homes increased 1.5 percent, according to the <a href="http://www.mbaa.org/default.htm">Mortgage Bankers Association</a>.</p>
<p>Nevertheless, high unemployment, slow job growth and tight credit have made it difficult for many to purchase homes. The housing industry received a boost this spring when the government offered homebuying tax credits, but housing activity has plummeted since they expired in April.</p>
<p>The number of buyers who signed contracts to purchase homes plunged in June to the lowest level on records dating back to 2001, according to the <a href="http://www.realtor.org/">National Association of Realtor</a>s.</p>
<p>To calculate the national average, Freddie Mac collects mortgage rates on Monday through Wednesday of each week from lenders around the country. Rates often fluctuate significantly, even within a given day.</p>
<p>Rates on five-year adjustable-rate mortgages averaged 3.63 percent, down from 3.76 percent a week earlier. Rates on one-year adjustable-rate mortgages fell to an average of 3.55 percent from 3.64 percent.</p>
<p>The rates do not include add-on fees known as points. One point is equal to 1 percent of the total loan amount. The nationwide fee for loans in Freddie Mac's survey averaged 0.7 a point for all loans.</p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/Mortgage-rates-hit-low-of-449-pct</link><guid>http://www.tracyrealestateexpert.com/Blog/Mortgage-rates-hit-low-of-449-pct</guid><pubDate>Thu, 05 Aug 2010 09:31:00 GMT</pubDate></item><item><title>Federal law protects renters during foreclosure</title><description><![CDATA[<p>There is good news for renters. A new federal law may provide them with more security and peace of mind when their landlords fail to pay their mortgage.</p>
<p>As the number of foreclosures has increased across the country, some renters in good standing have received a nasty surprised - immediate eviction - when the houses, apartments or condos they rented went into foreclosure.</p>
<p>Fortunately, a new federal law helps protect the rights of tenants in properties facing foreclosure, say experts at the Office of the Comptroller of the Currency (OCC). The Protecting Tenants at Foreclosure Act of 2009 establishes national standards to provide renters sufficient notice when foreclosure happens.</p>
<p>The new national standard provides uniform protection to renters who are vulnerable to sudden eviction. The new law states:</p>
<ul>
<li>In all cases, renters will get at least a 90-day notice prior to eviction.</li>
<li>Renters can stay until their lease runs out except when the new owner will occupy the home as a primary residence, when renters have no lease or when renters have only a month-to-month lease. Even for these three exceptions, the 90-day notice still applies.</li>
</ul>
<p>The new law applies only to a "bona fide" lease or tenancy. Bona fide means:</p>
<ul>
<li>The tenant is not the landlord or a child, spouse or parent of the former owner.</li>
<li>The lease or tenancy is the product of an "arm's length transaction" with no conflict of interest.</li>
<li>The rent is not substantially less than the fair market price.</li>
<li>The rent is sharply reduced because of the government subsidy (tenants in Section 8 subsidized housing have separate protections under this law).</li>
</ul>
<p>OCC experts advise renters to always be aware of their rights, and protect these rights by making sure they stay in good standing with regard to their rental property.</p>
<p>Some tips on how to prove you are in good standing include:</p>
<ul>
<li>Sign a written lease.</li>
<li>Pay your rent on time and in full.</li>
<li>Use checks rather than cash to provide a record of payment.</li>
<li>Pay your rent at the market rate. Paying a lower rent to a friend or family member will cut your costs, but may weaken your legal standing during a foreclosure or legal dispute.</li>
<li>With all legal matters, the OCC encourages you to consult a lawyer.</li>
</ul>
<p>To learn more about foreclosures and banks in general, go to <a href="http://www.helpwithmybank.gov">www.helpwithmybank.gov</a> and <a href="http://www.expertsinshortsale.com">www.expertsinshortsale.com</a></p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/Federal-law-protects-renters-during-foreclosure</link><guid>http://www.tracyrealestateexpert.com/Blog/Federal-law-protects-renters-during-foreclosure</guid><pubDate>Tue, 03 Aug 2010 10:13:00 GMT</pubDate></item><item><title>745 Manitoba Ct, Tracy, California</title><description><![CDATA[<p>&nbsp;</p>
<p style="text-align: center;"><span style="font-size: 36pt;"><span style="color: #ff0000;">New Listing!</span></span></p>
<p style="text-align: center;"><span style="font-size: 36pt;"><span style="color: #ff9900; font-size: 14pt;">745 Manitoba Ct.</span></span></p>
<p style="text-align: center;"><span style="font-size: 36pt;"><span style="color: #ff0000;"><img src="http://www.tracyrealestateexpert.com/agent_files/1.jpg" alt="" width="403" height="279" /></span></span></p>
<p style="text-align: center;"><span style="font-size: 36pt;"><span style="color: #ff0000;"><img src="http://www.tracyrealestateexpert.com/agent_files/12.jpg" alt="" width="155" height="120" />&nbsp;<img src="http://www.tracyrealestateexpert.com/agent_files/14.jpg" alt="" width="160" height="122" />&nbsp;<img src="http://www.tracyrealestateexpert.com/agent_files/16.jpg" alt="" width="147" height="122" /></span></span></p>
<p>Approved Short Sale! Don't wait to see this one.&nbsp; Large corner lot on a cul-de-sac.&nbsp;Built in 2000 located in Tracy's Hidden Lake Subdivision. Features formal living room, family room with fireplace, large kitchen with island, gas range and microwave, dishwasher, huge back yard. Three bedrooms are upstairs. Master features retreat and large bathroom with shower and separate tub, walk-in closet. A 2 car garage.&nbsp; Walk to club house and pool.</p>
<p>&nbsp;</p>
<p><a href="http://www.tracyrealestateexpert.com/property/745-Manitoba-Ct-Tracy-California">Click here to view more details!</a></p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/745-Manitoba-Ct-Tracy-California</link><guid>http://www.tracyrealestateexpert.com/Blog/745-Manitoba-Ct-Tracy-California</guid><pubDate>Mon, 02 Aug 2010 00:00:00 GMT</pubDate></item><item><title>Mortgage Rates Hit Low of 4.54 Percent</title><description><![CDATA[<p>Mortgage rates dropped to the lowest level on record for the fifth time in six weeks, making homebuying and refinancing the most attractive in decades for those who can get loans.</p>
<p>The average rate for <a href="http://www.mortgageloan.com/Rates/fixed-mortgage-rates">30-year fixed loans</a> this week was 4.54 percent, down from 4.56 last week, mortgage company Freddie Mac said Thursday. That's the lowest since <a href="http://www.freddiemac.com">Freddie Mac</a> began tracking rates in 1971.</p>
<p>The last time rates were lower was during the 1950s, when most mortgages lasted just 20 or 25 years.</p>
<p>The rate on the <a href="http://www.mortgageloan.com/Rates/fixed-mortgage-rates">15-year fixed loan</a> dropped to 4 percent, down from 4.03 percent last week and the lowest on record.</p>
<p>Rates have fallen since the spring. Yields on U.S. Treasury bonds have dropped as jittery investors seek safer investments. Mortgage rates tend to track the yields on Treasurys.</p>
<p>Low rates helped spark a little activity in the weak housing market. Applications to purchase homes rose 2 percent last week from the previous week, the Mortgage Bankers Association said Wednesday. Still, the housing market has been struggling and overall applications for loans were down last week as&nbsp;fewer people applied to refinance.</p>
<p><a href="http://www.bls.gov/cps/">High unemployment</a>, slow job growth and tight credit have made it difficult for many to purchase homes. The housing industry received a boost this spring when the government offered homebuying tax credits, but since those expired in April housing activity has fizzled.</p>
<p>Sales of previously occupied homes fell 5.1 percent in June. New home sales jumped last month but it was the second weakest month on record and it came after sales tumbled in May.</p>
<p>Refinance activity has increased over the last month as homeowners seek more affordable monthly payments. But many don't qualify for a loan or don't have have the cash to pay for closing costs. And rates have been low for so long that many have already refinanced.</p>
<p>To calculate the national average, Freddie Mac collects mortgage rates on Monday through Wednesday of each week from lenders around the country. Rates often fluctuate significantly, even within a given day.</p>
<p>Rates on five-year adjustable-rate mortgages averaged 3.76 percent, down from 3.79 percent a week earlier. Rates on one-year-adjustable-rate mortgages fell to an average of 3.64 percent from 3.70 percent.</p>
<p>The rates do not include add-on fees known as points. One point is equal to 1 percent of the total loan amount. The nationwide fee for loans in Freddie Mac's survey averaged 0.7 a point for all loans.</p>
<p><span style="font-size: 8pt;"><em>&nbsp;Elphinstone, J.w. "Mortgage Rates Hit Low of 4.54 Percent - Yahoo! Finance." Yahoo! Finance - Business Finance, Stock Market, Quotes, News. 29 July 2010. Web. 29 July 2010. <a href="http://finance.yahoo.com/news/Mortgage-rates-hit-low-of-454-apf-434994172.html?x=0&amp;sec=topStories&amp;pos=main&amp;asset=&amp;ccode">http://finance.yahoo.com/news/Mortgage-rates-hit-low-of-454-apf-434994172.html?x=0&amp;sec=topStories&amp;pos=main&amp;asset=&amp;ccode</a>.</em></span></p>
<p>&nbsp;</p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/Mortgage-Rates-Hit-Low-of-454-Percent</link><guid>http://www.tracyrealestateexpert.com/Blog/Mortgage-Rates-Hit-Low-of-454-Percent</guid><pubDate>Thu, 29 Jul 2010 00:00:00 GMT</pubDate></item><item><title>Bean Festival Royalty Crowned</title><description><![CDATA[<p>Winners of the <a href="http://www.tracybeanfestival.com/">Tracy Dry Bean Festival</a> Queen and Princess Pageant were announced at the <a href="http://www.atthegrand.org/">Grand Theatre Center for the Arts</a> over the weekend.</p>
<p>The following were crowned at the Saturday, July 24, pageant:</p>
<p><strong>Bean Queen Division</strong></p>
<p>Angela Alvarez, Tracy Bean Festival Queen</p>
<p>Kayla McGuinness, Miss Tracy Centennial</p>
<p>Julia Price, first runner-up</p>
<p>Autumn Aguilera, second runner-up</p>
<p>Amy Wise, third runner-up</p>
<p>Rebecca Fuller, fourth runner-up</p>
<p>&nbsp;</p>
<p><strong>Princess Division</strong></p>
<p>Marissa Peinado, Tracy Dry Bean Festival Princess</p>
<p>Kaitlin Cuevas, Miss Junior Tracy Centennial</p>
<p>Rebekah Boguhn, first runner-up</p>
<p>Corinne Parco, second runner-up</p>
<p>Colby Haskell, thrid runner-up</p>
<p>Ayanna Cornelius, fourth runner-up</p>
<p>&nbsp;</p>
<p><strong>Little Sprout Division</strong></p>
<p>Isabella Faria, Tracy Dry Bean Festival Little Sprout</p>
<p>Mariah Bogetti, Little Miss Tracy Centennial</p>
<p>Aubrey Preciado, first runner-up</p>
<p>Jaime Haskell, second runner-up</p>
<p>&nbsp;</p>
<p>An extension profile will be published in a special bean festival-themed Our Town section Sept. 10.</p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/Bean-Festival-Royalty-Crowned</link><guid>http://www.tracyrealestateexpert.com/Blog/Bean-Festival-Royalty-Crowned</guid><pubDate>Wed, 28 Jul 2010 11:07:00 GMT</pubDate></item><item><title>Dirt- Cheap Mortgage Rates: Here For How Long?</title><description><![CDATA[<p>Although economists have grown increasingly concerned that the real estate market may slip into a "souble dip" recession, today's consumers are being handed a tempting incentive to buy property or refinance their home loans; ultra-low mortgage rates.&nbsp; Rates on 30-year fixed mortgages fell to 4.57 percent for the week ending July 15.&nbsp; That's down a half percentage point from three months earlier and the lowest level in the 39 years that Freddie Mac has been monitoring rates.&nbsp; "It's really what you could call a once-in-a-generation oppurtunity for [low] financing costs," says Mike Larson of Weiss Research. <a href="http://money.usnews.com/money/personal-finance/slideshows/10-cities-for-real-estate-steals">Here's a look</a> at the forces that have created the current mortgage-rate environment, the direction rates are headed, and what you need to know to take advantage of them.</p>
<p><strong>Weak U.S. Economy</strong>: Mortgage rates have dipped to <a href="http://money.usnews.com/money/personal-finance/real-estate/articles/2009/01/23/low-mortgage-rates-7-things-you-need-to-know-to-refinance.html">record lows</a> in large part because "frankly, the economy is lousy," says Keith Gumbinger of <a href="http://www.hsh.com/">HSH Associates</a>, a publisher of consumer loan information.&nbsp; The national unemployment rate remains uncomfortably high at 9.5 percent, and Nomura Securities expects forthcoming data to shoe that U.S. economic growth slowed in the second and third quarters.&nbsp; A weak economy puts downward pressure on mortgage rates in several ways.&nbsp; "First and foremost, demand for credit is low," Gumbinger says.&nbsp; As&nbsp;a result, lenders in many cases must reduce rates to attract borrwers.&nbsp; "Basic supply and demand," Gumbinger says.</p>
<p>At the same time, a sluggish economy works to ease investor concerns over future price appreciation.&nbsp; "The other part that controls long-term interest rates is inflation expectations," says Brad Hunter, the cheif economist at Metrostudy, a firm that researches the housing industry.&nbsp; "And I believe that the bond market sees very little inflation in the near term." Zach Pandl, an economist at <a href="http://www.nomura.com/">Nomura Securities</a>, agrees.&nbsp; "The risk today is of excessively low inflation," Pandl says.&nbsp; "There is no inflation on the horizon."&nbsp; As such, Pandl expects the Federal Reserve to hold its benchmark federal funds rate in the current zero to 0.25 percent range for the foreseeable future.</p>
<p><strong>European debt crisis:</strong> Developments in the global economy have created additional downward pressure on home loan rates.&nbsp; When the shaky balance sheets of several European countries spooked financial markets in late spring, investors scurried out of risky assets like stocks and into U.S. Treasury bonds.&nbsp; As demand increased, yields on 10-year treasuries fell to 3.05 percent for th week ending July 16, down from 3.85 percent three months earlier.&nbsp; And since fixed mortgage rates tend to track the yields on 10-year treasuries, home loan costs declined significantly as well.</p>
<p><a href="http://money.usnews.com/money/personal-finance/real-estate/articles/2010/07/16/6-reasons-the-housing-market-hasnt-recovered.html">The European debt crisis</a> also juiced demand for another class of assets that has helped bring down mortgage rates.&nbsp; With stocks looking increasingly risky, investors began searching for safe places to park their money.&nbsp; "What they really want to do is buy something that is government-guaranteed," says Guy Cecala, the publisher of<a href="http://www.imfpubs.com/"> <em>Inside Mortgage Finance</em></a>.&nbsp; "And there really are only two choices: Treasury securities, which have a very low yield, or going for a little higher yield with [Fannie Mae or Freddie mac mortgage backed-securities]."&nbsp; While many investors purchased U.S. Treasuries, others- tempted by the possibility of slightly higher returns- took the second option.&nbsp; The subsequent "huge" demand worked to reduce the yields on these mortgage- backed securities, which translated into lower rates on home loans, Cecala says.</p>
<p><strong>Outlook</strong>: Although mortgage rates may increase from these record lows by the end of the year, they are likely to remain in an attractive range, Hunter says.&nbsp; "But I think that probably we will get a modest increase in long-term interest rates by the end of next year," Hunter says.&nbsp; "By then, the economy will have started creating jobs and [have] started to take up some&nbsp;of the slack capacity in industrial production."&nbsp; Thirty-year fixed mortgage rates could approach 6 percent by the end of 2011, he says.</p>
<p><strong>Lock or wait?</strong>: Could rates <a href="http://money.usnews.com/money/retirement/slideshows/10-affordable-mountain-towns-for-retirees">move lower</a> from current, ultra-low levels?&nbsp; Sure.&nbsp; If the U.S. economy slows sharply or a fresh crisis rattles global confidence, consumers could see financing costs become even cheaper.&nbsp; But given that rates are now sitting near 40-year lows, you're better off locking in a rate today rather than holding out for a better deal.&nbsp; "The likelihood of getting a significantly lower interest rate is pretty slim,"&nbsp;Gumbinger says.</p>
<p>But that doesn't mean everyone will be able to get their hands on today's lowest financing costs.&nbsp; After getting hammered by bad loans made during the housing boom, banks have increased their lending standards for borrowers of all stripes.&nbsp; To obtain today's best rates on a home purchase loan, borrowers will typically need a <a href="http://www.myfico.com/Default.aspx">FICO</a> score of 720 or higher, a down payment of around 10 percent- although it could be significantly higher in certain markets- and fully documented income assets, Gumbinger says.&nbsp; For the best rates when refinancing your home, you'll generally need a FICO score of 730, at least 20 percent equity in your home, and at least two years of tax returns, Cecala says.</p>
<div class="mla7 citation_text"><span style="font-size: 8pt;"><em>Mullins, Luke. "Dirt-Cheap Mortgage Rates: Here for How Long? - Yahoo! Finance." Yahoo! Finance - Business Finance, Stock Market, Quotes, News. 22 July 2010. Web. 26 July 2010. &lt;http://finance.yahoo.com/news/DirtCheap-Mortgage-Rates-Here-usnews-998607178.html?x=0&amp;mod=pf-loans&gt;.</em></span></div>]]></description><link>http://www.tracyrealestateexpert.com/Blog/Dirt-Cheap-Mortgage-Rates-Here-For-How-Long</link><guid>http://www.tracyrealestateexpert.com/Blog/Dirt-Cheap-Mortgage-Rates-Here-For-How-Long</guid><pubDate>Mon, 26 Jul 2010 00:00:00 GMT</pubDate></item><item><title>Up For Adoption</title><description><![CDATA[<p><span style="font-size: 14pt;"><strong><a href="http://www.tracypress.com/view/full_story/8779445/article-At-the-Shelter?instance=home_our_town">Meet Jack</a>.</strong><span style="font-size: 10pt;">&nbsp; Jack is a 5-month-old Chihuahua available for adoption at the Tracy Animal Shelter.</span></span></p>
<p style="text-align: right;"><span style="font-size: 14pt;"><span style="font-size: 8pt;"><em><a href="http://www.petfinder.com/shelters/CA36.html">Tracy Animal Shelter</a>, <a href="http://maps.google.com/maps?hl=en&amp;q=370+arbor+rd+tracy&amp;um=1&amp;ie=UTF-8&amp;hq=&amp;hnear=Arbor+Rd,+Tracy,+CA+95304&amp;gl=us&amp;ei=tY9ATMneGYbSsAOoxdzjDA&amp;sa=X&amp;oi=geocode_result&amp;ct=title&amp;resnum=1&amp;ved=0CBYQ8gEwAA">370 Arbor Road</a>, is open from noon to 5:30 pm Tuesdays through Saturdays.&nbsp; The shelter also has cats and kittens ready to adopt, and the shelter staff seek donations of dog toys, dog treats and towels.&nbsp; For information: 209-831-6364.</em></span></span></p>
<p style="text-align: center;"><span style="font-size: 14pt;"><span style="font-size: 8pt;"><img src="http://matchbin-assets.s3.amazonaws.com/public/sites/543/assets/pet_of_the_week__07_16_10.jpg" alt="" width="183" height="254" /></span></span></p>
<p style="text-align: left;"><span style="font-size: 14pt;"><span style="font-size: 8pt;"><span style="font-size: 14pt;"><strong><a href="http://www.tracypress.com/view/full_story/8779454/article-East-of-Eden?instance=home_our_town">Meet Domino</a>.</strong><span style="font-size: 10pt;">&nbsp; Domino is a medium-sized male Labrador retriever mix, about 1 1/2 years old.&nbsp;&nbsp;He loves playing with other dogs and is gentle with cats and little children. He has good manners and loves to play fetch and tug-of-war.&nbsp; Domino is yet another victim of home foreclosure.&nbsp; Adopted from East of Eden when he was 8 weeks old, he was well cared for and loved and grew up with another dog.</span></span></span></span></p>
<p style="text-align: right;"><span style="font-size: 14pt;"><span style="font-size: 8pt;"><span style="font-size: 14pt;"><span style="font-size: 8pt;"><em><a href="http://www.adoptapet.com/adoption_rescue/70564.html">East of Eden</a> is a nonprofit animal rescue group.&nbsp; Volunteers are at Petco, <a href="http://maps.google.com/maps?hl=en&amp;um=1&amp;ie=UTF-8&amp;q=2888+grant+line+rd+tracy&amp;fb=1&amp;gl=us&amp;hnear=Tracy,+CA&amp;cid=0,0,12822961166792014912&amp;ei=L5BATPv2Mo72swPWu4StDA&amp;sa=X&amp;oi=local_result&amp;ct=image&amp;resnum=1&amp;ved=0CBgQnwIwAA">2888 Grant Line Rd</a>, from noon to 3 pm Saturdays.&nbsp; For information: 209-815-5186.</em></span></span></span></span></p>
<p style="text-align: center;"><span style="font-size: 14pt;"><span style="font-size: 8pt;"><span style="font-size: 14pt;"><span style="font-size: 8pt;"><img src="http://matchbin-assets.s3.amazonaws.com/public/sites/543/assets/eoe_domino_7_16_10.jpg" alt="" width="280" height="220" />&nbsp;</span></span></span></span></p>
<p style="text-align: left;"><span style="font-size: 14pt;"><span style="font-size: 8pt;"><span style="font-size: 14pt;"><span style="font-size: 8pt;"><span class="technoratitag">Tags: <a title="Link to Technorati Tag category for tracy homes" rel="tag" href="http://www.technorati.com/tag/tracy+homes" target="_blank">tracy homes</a>, <a title="Link to Technorati Tag category for Tracy California Real Estate" rel="tag" href="http://www.technorati.com/tag/Tracy+California+Real+Estate" target="_blank">Tracy California Real Estate</a>, <a title="Link to Technorati Tag category for tracy California" rel="tag" href="http://www.technorati.com/tag/tracy+California" target="_blank">tracy California</a>, <a title="Link to Technorati Tag category for Tracy Ca" rel="tag" href="http://www.technorati.com/tag/Tracy+Ca" target="_blank">Tracy Ca</a>, <a title="Link to Technorati Tag category for east of eden" rel="tag" href="http://www.technorati.com/tag/east+of+eden" target="_blank">east of eden</a>, <a title="Link to Technorati Tag category for tracy animal shelter" rel="tag" href="http://www.technorati.com/tag/tracy+animal+shelter" target="_blank">tracy animal shelter</a>, <a title="Link to Technorati Tag category for jack" rel="tag" href="http://www.technorati.com/tag/jack" target="_blank">jack</a>, <a title="Link to Technorati Tag category for domino" rel="tag" href="http://www.technorati.com/tag/domino" target="_blank">domino</a>, <a title="Link to Technorati Tag category for dogs" rel="tag" href="http://www.technorati.com/tag/dogs" target="_blank">dogs</a>, <a title="Link to Technorati Tag category for cats" rel="tag" href="http://www.technorati.com/tag/cats" target="_blank">cats</a>, <a title="Link to Technorati Tag category for kittens" rel="tag" href="http://www.technorati.com/tag/kittens" target="_blank">kittens</a>&nbsp;</span><span class="sociallinks">Add to: | <a href="http://technorati.com/faves?add=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FUp%2DFor%2DAdoption" target="_blank">Technorati</a> | <a href="http://digg.com/submit?phase=2&amp;url=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FUp%2DFor%2DAdoption" target="_blank">Digg</a> | <a href="http://del.icio.us/post?url=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FUp%2DFor%2DAdoption;title=Up%20For%20Adoption" target="_blank">del.icio.us</a> | <a href="http://myweb2.search.yahoo.com/myresults/bookmarklet?t=Up%20For%20Adoption&amp;u=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FUp%2DFor%2DAdoption" target="_blank">Yahoo</a> | <a href="http://www.blinklist.com/index.php?Action=Blink/addblink.php&amp;Url=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FUp%2DFor%2DAdoption&amp;Title=Up%20For%20Adoption" target="_blank">BlinkList</a> | <a href="http://www.spurl.net/spurl.php?url=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FUp%2DFor%2DAdoption&amp;title=Up%20For%20Adoption" target="_blank">Spurl</a> | <a href="http://reddit.com/submit?url=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FUp%2DFor%2DAdoption&amp;title=Up%20For%20Adoption" target="_blank">reddit</a> | <a href="http://www.furl.net/storeIt.jsp?t=Up%20For%20Adoption&amp;u=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FUp%2DFor%2DAdoption" target="_blank">Furl</a> | </span></span></span></span></span></p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/Up-For-Adoption</link><guid>http://www.tracyrealestateexpert.com/Blog/Up-For-Adoption</guid><pubDate>Fri, 16 Jul 2010 00:00:00 GMT</pubDate></item><item><title>FHA Considers Policy Changes</title><description><![CDATA[<p><a href="http://portal.hud.gov/portal/page/portal/HUD/federal_housing_administration">The Federal Housing Administration (FHA)</a> is considering three policy changes to boost its capital reserves.&nbsp; Under the changes, new borrwers seeking FHA-insured loans will need a minimum FICO score of 580 to qualify for FHA's 3.5% downpayment program.&nbsp; New borrwers with credit scores between 500 and 580 will be required to provide a 10% downpayment, and borrwers with credit scores below 500 will no longer qualify.&nbsp; The <a href="http://portal.hud.gov/portal/page/portal/HUD">US Department of Housing and Urban Development (HUD)</a> published a notice today seeking public comment on the measures, which are designed to reduce finiancial risk and preserve affordable mortgage finance.&nbsp; HUD will accept public comment for the next 30 days on the proposed changes.&nbsp; "These are the latest in a series of changes to allow the FHA to manage its risk better while continuing to support the nation's housing recovery," said FHA commissioner David Stevens in a press release.</p>
<p>Specifically, the FHA is proposing to update the combination of credit and downpayment requirements for new borrwers, reduce seller concessions from 6% to 3% and tighten underwriting standards for manually-underwritten loans.&nbsp; The changes also seek to reduce the share of the home sales price that sellers are allowed to contribute at the closing table to offset the buyers' costs.&nbsp; The current share of 6% "expose the FHA to excess risk by potentially driving up the cost of the home beyond its appraised value," the FHA said in a statement today.&nbsp; The proposed change would reduce seller concessions to 3%, which the FHA said would bring it into conformity with industry standards.&nbsp; The proposed FHA policy updates also require lenders, during the underwiritng process, to consider compensating factors that are "the best predictive indicators of loan performance"- credit history, loan-to-value ratio, debt-to-income ratio and cash reserves.</p>
<p><span class="technoratitag"><span style="font-size: 8pt;">Tags: </span><a title="Link to Technorati Tag category for tracy ca" rel="tag" href="http://www.technorati.com/tag/tracy+ca" target="_blank"><span style="font-size: 8pt;">tracy ca</span></a><span style="font-size: 8pt;">, </span><a title="Link to Technorati Tag category for tracy california" rel="tag" href="http://www.technorati.com/tag/tracy+california" target="_blank"><span style="font-size: 8pt;">tracy california</span></a><span style="font-size: 8pt;">, </span><a title="Link to Technorati Tag category for tracy california real estate" rel="tag" href="http://www.technorati.com/tag/tracy+california+real+estate" target="_blank"><span style="font-size: 8pt;">tracy california real estate</span></a><span style="font-size: 8pt;">, </span><a title="Link to Technorati Tag category for tracy real estate" rel="tag" href="http://www.technorati.com/tag/tracy+real+estate" target="_blank"><span style="font-size: 8pt;">tracy real estate</span></a><span style="font-size: 8pt;">, </span><a title="Link to Technorati Tag category for tracy homes" rel="tag" href="http://www.technorati.com/tag/tracy+homes" target="_blank"><span style="font-size: 8pt;">tracy homes</span></a><span style="font-size: 8pt;">, </span><a title="Link to Technorati Tag category for FHA" rel="tag" href="http://www.technorati.com/tag/FHA" target="_blank"><span style="font-size: 8pt;">FHA</span></a><span style="font-size: 8pt;">, </span><a title="Link to Technorati Tag category for policy changes" rel="tag" href="http://www.technorati.com/tag/policy+changes" target="_blank"><span style="font-size: 8pt;">policy changes</span></a><span style="font-size: 8pt;">, </span><a title="Link to Technorati Tag category for HUD" rel="tag" href="http://www.technorati.com/tag/HUD" target="_blank"><span style="font-size: 8pt;">HUD</span></a><span style="font-size: 8pt;">,&nbsp; </span></span><span class="sociallinks"><span style="font-size: 8pt;">Add to: | </span><a href="http://technorati.com/faves?add=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FFHA%2DConsiders%2DPolicy%2DChanges" target="_blank"><span style="font-size: 8pt;">Technorati</span></a><span style="font-size: 8pt;"> | </span><a href="http://digg.com/submit?phase=2&amp;url=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FFHA%2DConsiders%2DPolicy%2DChanges" target="_blank"><span style="font-size: 8pt;">Digg</span></a><span style="font-size: 8pt;"> | </span><a href="http://del.icio.us/post?url=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FFHA%2DConsiders%2DPolicy%2DChanges;title=FHA%20Considers%20Policy%20Changes" target="_blank"><span style="font-size: 8pt;">del.icio.us</span></a><span style="font-size: 8pt;"> | </span><a href="http://myweb2.search.yahoo.com/myresults/bookmarklet?t=FHA%20Considers%20Policy%20Changes&amp;u=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FFHA%2DConsiders%2DPolicy%2DChanges" target="_blank"><span style="font-size: 8pt;">Yahoo</span></a><span style="font-size: 8pt;"> | </span><a href="http://www.blinklist.com/index.php?Action=Blink/addblink.php&amp;Url=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FFHA%2DConsiders%2DPolicy%2DChanges&amp;Title=FHA%20Considers%20Policy%20Changes" target="_blank"><span style="font-size: 8pt;">BlinkList</span></a><span style="font-size: 8pt;"> | </span><a href="http://www.spurl.net/spurl.php?url=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FFHA%2DConsiders%2DPolicy%2DChanges&amp;title=FHA%20Considers%20Policy%20Changes" target="_blank"><span style="font-size: 8pt;">Spurl</span></a><span style="font-size: 8pt;"> | </span><a href="http://reddit.com/submit?url=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FFHA%2DConsiders%2DPolicy%2DChanges&amp;title=FHA%20Considers%20Policy%20Changes" target="_blank"><span style="font-size: 8pt;">reddit</span></a><span style="font-size: 8pt;"> | </span><a href="http://www.furl.net/storeIt.jsp?t=FHA%20Considers%20Policy%20Changes&amp;u=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FFHA%2DConsiders%2DPolicy%2DChanges" target="_blank"><span style="font-size: 8pt;">Furl</span></a><span style="font-size: 8pt;"> |&nbsp;</span></span><span style="font-size: 8pt;">&nbsp;</span></p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/FHA-Considers-Policy-Changes</link><guid>http://www.tracyrealestateexpert.com/Blog/FHA-Considers-Policy-Changes</guid><pubDate>Fri, 16 Jul 2010 00:00:00 GMT</pubDate></item><item><title>Summer Fun!</title><description><![CDATA[<p>Happy Summer Everyone!</p>
<p>The <a href="http://www.bigfun.org/">California State Fair</a> starts Thursday, July 14 and runs through Sunday, Aug. 1.</p>
<p>The Fair's web site shows all the activities planned each day. &nbsp;You can buy your tickets on-line.</p>
<p>Take a trip to Sacramento and see the great State Fair!</p>
<p><span class="technoratitag"><span style="font-size: 8pt;">Tags: </span><a title="Link to Technorati Tag category for tracy homes" rel="tag" href="http://www.technorati.com/tag/tracy+homes" target="_blank"><span style="font-size: 8pt;">tracy homes</span></a><span style="font-size: 8pt;">, </span><a title="Link to Technorati Tag category for Tracy California Real Estate" rel="tag" href="http://www.technorati.com/tag/Tracy+California+Real+Estate" target="_blank"><span style="font-size: 8pt;">Tracy California Real Estate</span></a><span style="font-size: 8pt;">, </span><a title="Link to Technorati Tag category for tracy California" rel="tag" href="http://www.technorati.com/tag/tracy+California" target="_blank"><span style="font-size: 8pt;">tracy California</span></a><span style="font-size: 8pt;">, </span><a title="Link to Technorati Tag category for Tracy Ca" rel="tag" href="http://www.technorati.com/tag/Tracy+Ca" target="_blank"><span style="font-size: 8pt;">Tracy Ca</span></a><span style="font-size: 8pt;">, </span><a title="Link to Technorati Tag category for state fair" rel="tag" href="http://www.technorati.com/tag/state+fair" target="_blank"><span style="font-size: 8pt;">state fair</span></a><span style="font-size: 8pt;">, </span><a title="Link to Technorati Tag category for california state fair" rel="tag" href="http://www.technorati.com/tag/california+state+fair" target="_blank"><span style="font-size: 8pt;">california state fair</span></a><span style="font-size: 8pt;">&nbsp;</span></span><span class="sociallinks"><span style="font-size: 8pt;">Add to: | </span><a href="http://technorati.com/faves?add=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FSummer%2DFun" target="_blank"><span style="font-size: 8pt;">Technorati</span></a><span style="font-size: 8pt;"> | </span><a href="http://digg.com/submit?phase=2&amp;url=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FSummer%2DFun" target="_blank"><span style="font-size: 8pt;">Digg</span></a><span style="font-size: 8pt;"> | </span><a href="http://del.icio.us/post?url=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FSummer%2DFun;title=Summer%20Fun%21" target="_blank"><span style="font-size: 8pt;">del.icio.us</span></a><span style="font-size: 8pt;"> | </span><a href="http://myweb2.search.yahoo.com/myresults/bookmarklet?t=Summer%20Fun%21&amp;u=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FSummer%2DFun" target="_blank"><span style="font-size: 8pt;">Yahoo</span></a><span style="font-size: 8pt;"> | </span><a href="http://www.blinklist.com/index.php?Action=Blink/addblink.php&amp;Url=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FSummer%2DFun&amp;Title=Summer%20Fun%21" target="_blank"><span style="font-size: 8pt;">BlinkList</span></a><span style="font-size: 8pt;"> | </span><a href="http://www.spurl.net/spurl.php?url=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FSummer%2DFun&amp;title=Summer%20Fun%21" target="_blank"><span style="font-size: 8pt;">Spurl</span></a><span style="font-size: 8pt;"> | </span><a href="http://reddit.com/submit?url=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FSummer%2DFun&amp;title=Summer%20Fun%21" target="_blank"><span style="font-size: 8pt;">reddit</span></a><span style="font-size: 8pt;"> | </span><a href="http://www.furl.net/storeIt.jsp?t=Summer%20Fun%21&amp;u=http%3A%2F%2Fwww%2Etracyrealestateexpert%2Ecom%2FBlog%2FSummer%2DFun" target="_blank"><span style="font-size: 8pt;">Furl</span></a><span style="font-size: 8pt;"> | </span></span></p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/Summer-Fun</link><guid>http://www.tracyrealestateexpert.com/Blog/Summer-Fun</guid><pubDate>Wed, 14 Jul 2010 00:00:00 GMT</pubDate></item><item><title>Tracy Area Market Report 7/12 vs 6/1</title><description><![CDATA[<p style="text-align: left;">The following information is from the local MLS database, as of July 12, 2010 and is compared to <span style="color: #ff0000;">(June 1, 2010</span><span style="color: #ff0000;">)</span>.&nbsp; The Tracy Market continues to be dominated with bank owned and short sale inventory.&nbsp; The lack of inventory and abundance of buyers have created multiple offer situations on almost every active listing there by creating over bidding.&nbsp; Appraisal is still at issue as if the home gets bided up it still must appraise for value.&nbsp; Buyers consist of first time buyers and investors.&nbsp;If you are interested in a little more market information feel free to give us a call, we are always happy to talk about the market.&nbsp;</p>
<p style="text-align: center;">&nbsp;</p>
<p style="text-align: center;"><span style="font-size: 24pt;"><strong>Tracy</strong><strong>, </strong><strong>CA</strong></span><strong></strong></p>
<p style="text-align: center;"><strong>&nbsp;</strong></p>
<p style="text-align: center;"><strong><span style="font-size: 12pt;"><span style="color: #ff0000;">ACTIVE Status</span></span></strong></p>
<p style="text-align: center;">Total # of residential properties for sale in the city of Tracy: 373 <span style="color: #ff0000;">(369)</span></p>
<p style="text-align: center;"># of REO (foreclosures): 44 <span style="color: #ff0000;">(48)</span></p>
<p style="text-align: center;"># of Short Sales: 268 <span style="color: #ff0000;">(266)</span></p>
<p style="text-align: center;">Average # of days on market: 59 <span style="color: #ff0000;">(67)</span></p>
<p style="text-align: center;">The <strong>median</strong> price of all homes for sale in Tracy: $249,900 <span style="color: #ff0000;">($239,900)</span></p>
<p style="text-align: center;">The <strong>average</strong> price of all homes for sale in Tracy: $267,646 <span style="color: #ff0000;">($263,887)</span></p>
<p style="text-align: center;">Lowest priced home: <em>1bd/612 sq. ft. /$80,900</em></p>
<p style="text-align: center;">Highest priced home: 7<em>bd/5,159 sq. ft. /$1,299,000</em></p>
<p style="text-align: center;">&nbsp;&nbsp;</p>
<table style="text-align: center;" border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="120">
<p><strong>Square Feet</strong></p>
</td>
<td width="132">
<p><strong># of homes for sale in </strong><strong>Tracy</strong><strong></strong></p>
</td>
<td width="132">
<p><strong>Median List Price</strong></p>
</td>
<td width="120">
<p><strong>Average List Price</strong></p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,000 to 1,400 </strong></p>
</td>
<td width="132">
<p>18</p>
</td>
<td width="132">
<p>$162,000</p>
</td>
<td width="120">
<p>$212,319</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,500 to 2,000</strong></p>
</td>
<td width="132">
<p>22</p>
</td>
<td width="132">
<p>$204,450</p>
</td>
<td width="120">
<p>$214,272</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>2,000 to 4,000</strong></p>
</td>
<td width="132">
<p>52</p>
</td>
<td width="132">
<p>$299,900</p>
</td>
<td width="120">
<p>$319,812</p>
</td>
</tr>
</tbody>
</table>
<p style="text-align: center;">&nbsp;</p>
<p style="text-align: center;"><strong><span style="font-size: 12pt;"><span style="color: #ff0000;">PENDING Status</span></span></strong></p>
<p style="text-align: center;">Number of properties currently under agreement: 281<span style="color: #ff0000;"> (302)</span></p>
<p style="text-align: center;"># of REO: 62 <span style="color: #ff0000;">(67)</span></p>
<p style="text-align: center;"># of Short Sales: 156 <span style="color: #ff0000;">(170)</span></p>
<p style="text-align: center;">Average pending price: $223,755 <span style="color: #ff0000;">($222,225)</span></p>
<p style="text-align: center;"><em>&nbsp;</em><em>Average pending home is 4 bedrooms, 1,990 square feet at a price of $223,755 that stays 37 days on the market.</em></p>
<p style="text-align: center;"><em>&nbsp;</em></p>
<table style="text-align: center;" border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="120">
<p><strong>Square Feet</strong></p>
</td>
<td width="132">
<p><strong># of homes for pending in </strong><strong>Tracy</strong><strong></strong></p>
</td>
<td width="132">
<p><strong>Median Pending Price</strong></p>
</td>
<td width="120">
<p><strong>Average Pending Price</strong></p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,000 to 1,400 </strong></p>
</td>
<td width="132">
<p>50</p>
</td>
<td width="132">
<p>$147,944</p>
</td>
<td width="120">
<p>$145,801</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,500 to 2,000</strong></p>
</td>
<td width="132">
<p>79</p>
</td>
<td width="132">
<p>$210,000</p>
</td>
<td width="120">
<p>$206,937</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>2,000 to 4,000</strong></p>
</td>
<td width="132">
<p>116</p>
</td>
<td width="132">
<p>$269,950</p>
</td>
<td width="120">
<p>$279,708</p>
</td>
</tr>
</tbody>
</table>
<p style="text-align: center;">&nbsp;</p>
<p style="text-align: center;"><strong><span style="font-size: 12pt;"><span style="color: #ff0000;">SOLD Status</span></span></strong></p>
<p style="text-align: center;">Residential property sold over previous 30 days: 123 homes or $27,942,025 in sales <span style="color: #ff0000;">(117 homes or $27,084,863 in sales)</span></p>
<p style="text-align: center;">REO&rsquo;s sold in the last month: 42 <span style="color: #ff0000;">(40)</span></p>
<p style="text-align: center;">Short sales sold in the last month: 44 <span style="color: #ff0000;">(34)</span></p>
<p style="text-align: center;">Average sale price: $227,171 <span style="color: #ff0000;">($231,495)</span></p>
<p style="text-align: center;">Median sale price: $225,000 <span style="color: #ff0000;">($235,000)</span></p>
<p style="text-align: center;">High: 430K (6bd/4,098 sq. ft. home)</p>
<p style="text-align: center;">Low: 66K (2bd/936 sq. ft. home)</p>
<p style="text-align: center;">&nbsp;</p>
<table style="text-align: center;" border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="120">
<p><strong>Square Feet</strong></p>
</td>
<td width="132">
<p><strong># of homes sold in the last month in </strong><strong>Tracy</strong><strong></strong></p>
</td>
<td width="132">
<p><strong>Median </strong><strong>Sale</strong><strong> Price</strong></p>
</td>
<td width="120">
<p><strong>Average </strong><strong>Sale</strong><strong> Price</strong></p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,000 to 1,400</strong></p>
</td>
<td width="132">
<p>32</p>
</td>
<td width="132">
<p>$160,500</p>
</td>
<td width="120">
<p>$155,531</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,500 to 2,000</strong></p>
</td>
<td width="132">
<p>25</p>
</td>
<td width="132">
<p>$215,000</p>
</td>
<td width="120">
<p>$206,598</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>2,000 to 4,000</strong></p>
</td>
<td width="132">
<p>54</p>
</td>
<td width="132">
<p>$280,000</p>
</td>
<td width="120">
<p>$287,941</p>
</td>
</tr>
</tbody>
</table>
<p style="text-align: center;">&nbsp;</p>
<p style="text-align: center;"><strong><span style="font-size: 24pt;">Mountain House, CA</span></strong></p>
<p style="text-align: center;"><strong>&nbsp;</strong><strong></strong></p>
<p style="text-align: center;"><strong><span style="font-size: 12pt;"><span style="color: #ff0000;">ACTIVE Status</span></span></strong></p>
<p style="text-align: center;">Total # of residential properties for sale in the city of Mountain House: 101 <span style="color: #ff0000;">(102)</span></p>
<p style="text-align: center;"># of REO (foreclosures): 9 <span style="color: #ff0000;">(7)</span></p>
<p style="text-align: center;"># of Short Sales: 75 <span style="color: #ff0000;">(81)</span></p>
<p style="text-align: center;">Average # of days on market: 27 <span style="color: #ff0000;">(30)</span></p>
<p style="text-align: center;">The median price of all homes for sale in Mountain House: $312,450 <span style="color: #ff0000;">($308,888)</span></p>
<p style="text-align: center;">The average price of all homes for sale in Mountain House: $320,759 <span style="color: #ff0000;">($318,726)</span></p>
<p style="text-align: center;">Lowest priced home: 2<em>bd/1,155 sq. ft. /$149,900</em></p>
<p style="text-align: center;">Highest priced home: 5<em>bd/3,858 sq. ft. /$449,900</em></p>
<p style="text-align: center;">&nbsp;</p>
<table style="text-align: center;" border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="120">
<p><strong>Square Feet</strong></p>
</td>
<td width="132">
<p><strong># of homes for sale in Mountain House</strong></p>
</td>
<td width="132">
<p><strong>Median List Price</strong></p>
</td>
<td width="120">
<p><strong>Average List Price</strong></p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,000 to 1,400</strong></p>
</td>
<td width="132">
<p>6</p>
</td>
<td width="132">
<p>$229,400</p>
</td>
<td width="120">
<p>$218,841</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,500 to 2,000</strong></p>
</td>
<td width="132">
<p>2</p>
</td>
<td width="132">
<p>$252,750</p>
</td>
<td width="120">
<p>$252,750</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>2,000 to 4,000</strong></p>
</td>
<td width="132">
<p>16</p>
</td>
<td width="132">
<p>$395,500</p>
</td>
<td width="120">
<p>$380,106</p>
</td>
</tr>
</tbody>
</table>
<p style="text-align: center;">&nbsp;</p>
<p style="text-align: center;"><strong><span style="font-size: 12pt;"><span style="color: #ff0000;">PENDING Status</span></span></strong></p>
<p style="text-align: center;">Number of properties currently under agreement: 93 <span style="color: #ff0000;">(101)</span></p>
<p style="text-align: center;"># of REO: 14 <span style="color: #ff0000;">(20)</span></p>
<p style="text-align: center;"># of Short Sales: 54 <span style="color: #ff0000;">(52)</span></p>
<p style="text-align: center;">Average pending price: $302,262 <span style="color: #ff0000;">($312,611)</span></p>
<p style="text-align: center;"><em>&nbsp;</em><em>Average pending home is 4 bedrooms, 2,500 square feet at a price of $302,262 that stays 36 days on the market.</em></p>
<p style="text-align: center;">&nbsp;</p>
<table style="text-align: center;" border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="120">
<p><strong>Square Feet</strong></p>
</td>
<td width="132">
<p><strong># of homes pending in Mountain House</strong></p>
</td>
<td width="132">
<p><strong>Median Pending Price</strong></p>
</td>
<td width="120">
<p><strong>Average Pending Price</strong></p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,000 to 1,400</strong></p>
</td>
<td width="132">
<p>6</p>
</td>
<td width="132">
<p>$174,900</p>
</td>
<td width="120">
<p>$176,300</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,500 to 2,000</strong></p>
</td>
<td width="132">
<p>13</p>
</td>
<td width="132">
<p>$210,000</p>
</td>
<td width="120">
<p>$229,822</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>2,000 to 4,000</strong></p>
</td>
<td width="132">
<p>66</p>
</td>
<td width="132">
<p>$344,500</p>
</td>
<td width="120">
<p>$342,977</p>
</td>
</tr>
</tbody>
</table>
<p style="text-align: center;">&nbsp;&nbsp;</p>
<p style="text-align: center;"><strong><span style="font-size: 12pt;"><span style="color: #ff0000;">SOLD Status</span></span></strong></p>
<p style="text-align: center;">Residential property sold over previous 30 days: 28 homes or $8,974,950 in sales <span style="color: #ff0000;">(28 homes or $8,678,050 in sales)</span></p>
<p style="text-align: center;">REO&rsquo;s sold in the last month: 7 <span style="color: #ff0000;">(8)</span></p>
<p style="text-align: center;">Short sales sold in the last month: 13 <span style="color: #ff0000;">(11)</span></p>
<p style="text-align: center;">Average sale price: $320,534 <span style="color: #ff0000;">($309,930)</span></p>
<p style="text-align: center;">Median sale price: $325,000 <span style="color: #ff0000;">($315,500)</span></p>
<p style="text-align: center;">High: 465K (6bd/3,992 sq. ft. home)</p>
<p style="text-align: center;">Low: $199,300 (3bd/1,367 sq. ft. home)</p>
<p style="text-align: center;">&nbsp;</p>
<table style="text-align: center;" border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="120">
<p><strong>Square Feet</strong></p>
</td>
<td width="132">
<p><strong># of homes sold in the last month in Mountain House</strong></p>
</td>
<td width="132">
<p><strong>Median </strong><strong>Sale</strong><strong> Price</strong></p>
</td>
<td width="120">
<p><strong>Average </strong><strong>Sale</strong><strong> Price</strong></p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,000 to 1,400</strong></p>
</td>
<td width="132">
<p>2</p>
</td>
<td width="132">
<p>$230,500</p>
</td>
<td width="120">
<p>$230,500</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,500 to 2,000</strong></p>
</td>
<td width="132">
<p>3</p>
</td>
<td width="132">
<p>$245,000</p>
</td>
<td width="120">
<p>$244,767</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>2,000 to 4,000</strong></p>
</td>
<td width="132">
<p>23</p>
</td>
<td width="132">
<p>$328,400</p>
</td>
<td width="120">
<p>$338,246</p>
</td>
</tr>
</tbody>
</table>
<p style="text-align: center;"><strong>&nbsp;</strong></p>
<p style="text-align: center;"><span style="font-size: 24pt;"><strong>Lathrop</strong><strong>, </strong><strong>CA</strong></span><strong></strong></p>
<p style="text-align: center;">&nbsp;</p>
<p style="text-align: center;"><strong><span style="font-size: 12pt;"><span style="color: #ff0000;">ACTIVE Status</span></span></strong></p>
<p style="text-align: center;">Total # of residential properties for sale in the city of Lathrop: 129 <span style="color: #ff0000;">(134)</span></p>
<p style="text-align: center;"># of REO (foreclosures): 26 <span style="color: #ff0000;">(21)</span></p>
<p style="text-align: center;"># of Short Sales: 75 <span style="color: #ff0000;">(92)</span></p>
<p style="text-align: center;">Average # of days on market: 39 <span style="color: #ff0000;">(42)</span></p>
<p style="text-align: center;">The median price of all homes for sale in Lathrop: $195,900 <span style="color: #ff0000;">($200,620)</span></p>
<p style="text-align: center;">The average price of all homes for sale in Lathrop: $252,319 <span style="color: #ff0000;">($259,562)</span></p>
<p style="text-align: center;">Lowest priced home: 2<em>bd/1,040 sq. ft. /$107,100</em></p>
<p style="text-align: center;">Highest priced home: <em>6bd/4,011 sq. ft. /$2,500,000</em></p>
<p style="text-align: center;"><em>&nbsp;</em></p>
<table style="text-align: center;" border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="120">
<p><strong>Square Feet</strong></p>
</td>
<td width="132">
<p><strong># of homes for sale in Lathrop</strong></p>
</td>
<td width="132">
<p><strong>Median List Price</strong></p>
</td>
<td width="120">
<p><strong>Average List Price</strong></p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,000 to 1,400</strong></p>
</td>
<td width="132">
<p>7</p>
</td>
<td width="132">
<p>$125,000</p>
</td>
<td width="120">
<p>$130,964</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,500 to 2,000</strong></p>
</td>
<td width="132">
<p>11</p>
</td>
<td width="132">
<p>$179,900</p>
</td>
<td width="120">
<p>$182,365</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>2,000 to 4,000</strong></p>
</td>
<td width="132">
<p>27</p>
</td>
<td width="132">
<p>$219,900</p>
</td>
<td width="120">
<p>$316,583</p>
</td>
</tr>
</tbody>
</table>
<p style="text-align: center;">&nbsp;</p>
<p style="text-align: center;"><strong><span style="font-size: 12pt;"><span style="color: #ff0000;">PENDING Status</span></span></strong></p>
<p style="text-align: center;">Number of properties currently under agreement: 88 <span style="color: #ff0000;">(76)</span></p>
<p style="text-align: center;"># of REO: 37 <span style="color: #ff0000;">(28)</span></p>
<p style="text-align: center;"># of Short Sales: 33 <span style="color: #ff0000;">(34)</span></p>
<p style="text-align: center;">Average pending price: $188,390 <span style="color: #ff0000;">($186,978)</span><em>&nbsp;</em></p>
<p style="text-align: center;"><em>Average pending home is 4 bedrooms, 2,209 square feet at a price of $188,390 that stays 51 days on the market.</em></p>
<p style="text-align: center;"><em>&nbsp;</em></p>
<table style="text-align: center;" border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="120">
<p><strong>Square Feet</strong></p>
</td>
<td width="132">
<p><strong># of homes pending in Lathrop</strong></p>
</td>
<td width="132">
<p><strong>Median Pending Price</strong></p>
</td>
<td width="120">
<p><strong>Average Pending Price</strong></p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,000 to 1,400</strong></p>
</td>
<td width="132">
<p>18</p>
</td>
<td width="132">
<p>$132,450</p>
</td>
<td width="120">
<p>$125,072</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,500 to 2,000</strong></p>
</td>
<td width="132">
<p>20</p>
</td>
<td width="132">
<p>$155,950</p>
</td>
<td width="120">
<p>$160,355</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>2,000 to 4,000</strong></p>
</td>
<td width="132">
<p>50</p>
</td>
<td width="132">
<p>$215,400</p>
</td>
<td width="120">
<p>$222,399</p>
</td>
</tr>
</tbody>
</table>
<p style="text-align: center;">&nbsp;</p>
<p style="text-align: center;"><strong><span style="color: #ff0000;"><span style="font-size: 12pt;">SOLD Status</span></span></strong></p>
<p style="text-align: center;">Residential property sold over previous 30 days: 28 homes or $5,462,490 in sales <span style="color: #ff0000;">(41 homes or $7,243,950 in sales)</span></p>
<p style="text-align: center;">REO&rsquo;s sold in the last month: 9 <span style="color: #ff0000;">(28)</span></p>
<p style="text-align: center;">Short sales sold in the last month: 10 <span style="color: #ff0000;">(6)</span></p>
<p style="text-align: center;">Average sale price: $195,089 <span style="color: #ff0000;">($176,682)</span></p>
<p style="text-align: center;">Median sale price: $188,325 <span style="color: #ff0000;">($187,500)</span></p>
<p style="text-align: center;">High: 290K (5bd/3,870 sq. ft. home)</p>
<p style="text-align: center;">Low: 112K (3bd/1,092 sq. ft. home)</p>
<p style="text-align: center;">&nbsp;</p>
<table style="text-align: center;" border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="120">
<p><strong>Square Feet</strong></p>
</td>
<td width="132">
<p><strong># of homes sold in the last month in Lathrop</strong></p>
</td>
<td width="132">
<p><strong>Median </strong><strong>Sale</strong><strong> Price</strong></p>
</td>
<td width="120">
<p><strong>Average </strong><strong>Sale</strong><strong> Price</strong></p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,000 to 1,400</strong></p>
</td>
<td width="132">
<p>4</p>
</td>
<td width="132">
<p>$143,500</p>
</td>
<td width="120">
<p>$137,250</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,500 to 2,000</strong></p>
</td>
<td width="132">
<p>9</p>
</td>
<td width="132">
<p>$175,000</p>
</td>
<td width="120">
<p>$178,556</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>2,000 to 4,000</strong></p>
</td>
<td width="132">
<p>13</p>
</td>
<td width="132">
<p>$229,900</p>
</td>
<td width="120">
<p>$233,268</p>
</td>
</tr>
</tbody>
</table>
<p style="text-align: center;">&nbsp;</p>
<p style="text-align: center;"><strong><span style="font-size: 24pt;">Weston Ranch, CA</span></strong></p>
<p style="text-align: center;"><strong>&nbsp;</strong></p>
<p style="text-align: center;"><strong><span style="font-size: 12pt;"><span style="color: #ff0000;">ACTIVE Status</span></span></strong></p>
<p style="text-align: center;">Total # of residential properties for sale in Weston Ranch: 137 <span style="color: #ff0000;">(114)</span></p>
<p style="text-align: center;"># of REO (foreclosures): 28 <span style="color: #ff0000;">(24)</span></p>
<p style="text-align: center;"># of Short Sales: 85 <span style="color: #ff0000;">(77)</span></p>
<p style="text-align: center;">Average # of days on market: 46 <span style="color: #ff0000;">(43)</span></p>
<p style="text-align: center;">The median price of all homes for sale in Weston Ranch: $163,650 <span style="color: #ff0000;">($170,500)</span></p>
<p style="text-align: center;">The average price of all homes for sale in Weston Ranch: $176,952 <span style="color: #ff0000;">($175,642)</span></p>
<p style="text-align: center;">Lowest priced home: 2<em>bd/1,348 sq. ft./$99,900</em></p>
<p style="text-align: center;">Highest priced home: 6b<em>d/3,054 sq. ft./$699,950</em></p>
<p style="text-align: center;"><em>&nbsp;</em></p>
<table style="text-align: center;" border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="120">
<p><strong>Square Feet</strong></p>
</td>
<td width="132">
<p><strong># of homes for sale in Weston Ranch</strong></p>
</td>
<td width="132">
<p><strong>Median List Price</strong></p>
</td>
<td width="120">
<p><strong>Average List Price</strong></p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,000 to 1,400</strong></p>
</td>
<td width="132">
<p>3</p>
</td>
<td width="132">
<p>$143,000</p>
</td>
<td width="120">
<p>$139,267</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,500 to 2,000</strong></p>
</td>
<td width="132">
<p>19</p>
</td>
<td width="132">
<p>$149,900</p>
</td>
<td width="120">
<p>$152,913</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>2,000 to 4,000</strong></p>
</td>
<td width="132">
<p>26</p>
</td>
<td width="132">
<p>$185,400</p>
</td>
<td width="120">
<p>$204,567</p>
</td>
</tr>
</tbody>
</table>
<p style="text-align: center;">&nbsp;</p>
<p style="text-align: center;"><strong><span style="font-size: 12pt;"><span style="color: #ff0000;">PENDING Status</span></span></strong></p>
<p style="text-align: center;">Number of properties currently under agreement: 77 <span style="color: #ff0000;">(90)</span></p>
<p style="text-align: center;"># of REO: 35 <span style="color: #ff0000;">(41)</span></p>
<p style="text-align: center;"># of Short Sales: 27 <span style="color: #ff0000;">(33)</span></p>
<p style="text-align: center;">Average pending price: $147,054 <span style="color: #ff0000;">($148,247)</span></p>
<p style="text-align: center;"><em>&nbsp;</em><em>Average pending home is 4 bedrooms, 1,911 square feet at a price of $147,054 that stays 31 days on the market.</em></p>
<p style="text-align: center;"><em>&nbsp;</em></p>
<table style="text-align: center;" border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="120">
<p><strong>Square Feet</strong></p>
</td>
<td width="132">
<p><strong># of homes pending in Weston Ranch</strong></p>
</td>
<td width="132">
<p><strong>Median Pending Price</strong></p>
</td>
<td width="120">
<p><strong>Average Pending Price</strong></p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,000 to 1,400</strong></p>
</td>
<td width="132">
<p>5</p>
</td>
<td width="132">
<p>$119,000</p>
</td>
<td width="120">
<p>$116,160</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,500 to 2,000</strong></p>
</td>
<td width="132">
<p>38</p>
</td>
<td width="132">
<p>$139,000</p>
</td>
<td width="120">
<p>$142,363</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>2,000 to 4,000</strong></p>
</td>
<td width="132">
<p>26</p>
</td>
<td width="132">
<p>$171,400</p>
</td>
<td width="120">
<p>$170,684</p>
</td>
</tr>
</tbody>
</table>
<p style="text-align: center;">&nbsp;</p>
<p style="text-align: center;"><strong><span style="font-size: 12pt;"><span style="color: #ff0000;">SOLD Status</span></span></strong></p>
<p style="text-align: center;">Residential property sold over previous 30 days: 43 homes or $6,714,185 in sales <span style="color: #ff0000;">(36 homes or $5,617,300 in sales)</span></p>
<p style="text-align: center;">Short sales sold in the last month: 9<span style="color: #ff0000;"> (11)</span></p>
<p style="text-align: center;">REO&rsquo;s sold in the last month: 28 <span style="color: #ff0000;">(15)</span></p>
<p style="text-align: center;">Average sale price: $156,144 <span style="color: #ff0000;">($156,036)</span></p>
<p style="text-align: center;">Median sale price: $155,250 <span style="color: #ff0000;">($154,000)</span></p>
<p style="text-align: center;">High: 224.5K (5bd/2,915 sq. ft. home)</p>
<p style="text-align: center;"><span style="color: #ff0000;">(225K (6bd/3,376 sq. ft. home))</span></p>
<p style="text-align: center;">Low: $1,205 (3bd/1,012 sq. ft. home)</p>
<p style="text-align: center;"><span style="color: #ff0000;">(104K (3bd/1,090 sq. ft. home))</span></p>
<p style="text-align: center;">&nbsp;</p>
<table style="text-align: center;" border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="120">
<p><strong>Square Feet</strong></p>
</td>
<td width="132">
<p><strong># of homes sold in the last month in Weston Ranch</strong></p>
</td>
<td width="132">
<p><strong>Median </strong><strong>Sale</strong><strong> Price</strong></p>
</td>
<td width="120">
<p><strong>Average </strong><strong>Sale</strong><strong> Price</strong></p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,000 to 1,400</strong></p>
</td>
<td width="132">
<p>2</p>
</td>
<td width="132">
<p>$115,000</p>
</td>
<td width="120">
<p>$115,000</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>1,500 to 2,000</strong></p>
</td>
<td width="132">
<p>18</p>
</td>
<td width="132">
<p>$148,000</p>
</td>
<td width="120">
<p>$135,225</p>
</td>
</tr>
<tr>
<td width="120">
<p><strong>2,000 to 4,000</strong></p>
</td>
<td width="132">
<p>22</p>
</td>
<td width="132">
<p>$177,500</p>
</td>
<td width="120">
<p>$178,415</p>
</td>
</tr>
</tbody>
</table>
<p style="text-align: center;">&nbsp;</p>]]></description><link>http://www.tracyrealestateexpert.com/Blog/Tracy-Area-Market-Report-712-vs-61</link><guid>http://www.tracyrealestateexpert.com/Blog/Tracy-Area-Market-Report-712-vs-61</guid><pubDate>Tue, 13 Jul 2010 00:00:00 GMT</pubDate></item></channel></rss>