Keller Williams & Tracy Chamber Mixer - Aguilera Real Estate Team

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Keller Williams & Tracy Chamber Mixer - Aguilera Real Estate Team

Market Trends Real Estate Newsletter August 2014 - Aguilera Real Estate Team

August 2014

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EXISTING HOME SALES ON RISE

Increased inventory levels in June helped push existing-home sales to their highest levels since October 2013, according to a recent report by the National Association of REALTORS (NAR). Existing-home sales, which include recently purchased single family, townhomes, condominiums, and co-ops rose 2.6 percent in June to a seasonally adjusted 5.04 million units for the year.

NAR chief economist Lawrence Yun believes the market is moving in the right direction. "Inventories are at their highest level in over a year and price gains have slowed to much more welcoming levels in many parts of the country. This bodes well for rising home sales in the upcoming months as consumers are provided with more choices," he said. "On the contrary, new home construction needs to rise by at least 50 percent for a complete return to a balanced market because supply shortages – particularly in the West – are still putting upward pressure on prices."

Nationally, total housing inventory increased 2.2 percent during June to 2.3 million units. The median time for homes to sell was 44 days in June, down from 47 days in May. Forty-two percent of June home sales were on the market for less than a month.

MAKE YOUR OFFER COUNT

With today's competitive housing market, it is more important than ever for home buyers get their financial house in order when applying for a loan. Be sure to review your credit report with your mortgage professional and get pre-approved for your loan before making an offer on a home. A little preparation goes a long way and can mean all of the difference when it comes to closing on that dream home. Contact us today to get the right loan for your current needs!

TIPS FOR HOME SELLERS

When preparing your home for sale, a number of simple cosmetic changes often provide the biggest return on investment. Here are three tips to upgrade your house without breaking the bank:

• Bring in the light. The right light creates the right mood. Adding lights to dark rooms can make your home feel warm and inviting. Bring outdoor light inside by opening curtains and installing economical suntubes.
• Create Space. Many of today's buyers are looking for open rooms. Consider removing unwanted walls to make your home feel more spacious. Buyers will often pay a premium to get a bit of extra room.
• Replace Flooring. Get rid of that old carpet in the den and replace it with today's newer hardwoods and laminates. You don't have to spend a lot to make a big impression!

These simple tips can help you sell your home and take advantage of today's market. Please contact us if you have any questions about selling your home. We are here to help!

Market Trends Real Estate Newsletter August 2014 - Aguilera Real Estate Team

Home Seller Tips - New Construction Means New Competition - Aguilera Real Estate Team

Home Seller Tips - New Construction Means New Competition

With the improving U.S. economy, there has been a decrease in the large number of foreclosures and short sales on the real estate market. However, along with this improving economy comes the return of new home construction.  Existing home sellers should be aware that they'll now be in competition with the remaining foreclosures and short sales on the market, as well as new home builders looking to sell homes. Now may be the time to list your home, before the influx of new homes hits the market.

Contact your local real estate professionals, The Aguilera Real Estate Team, for more information. Get a free market value analysis of your home. 

Home Seller Tips - New Construction Means New Competition - Aguilera Real Estate Team

JUST LISTED! Tracy CA Home for Sale - 1117 Harris Lane - Aguilera Real Estate Team

Just Listed! 1117 Harris Lane, Tracy, California

Huge Backyard With Side Access And No Rear Neighbors!

PROPERTY DETAILS

$400,000

LISTING INFORMATION

• MLS: 14043261
• BEDROOMS: 5
• BATHS: 3
• PARTIAL BATHS: 0
• SQ FT: 2516
• LOT SIZE: 7.695 Sq Ft
• STYLE: Contemporary
• GARAGE: 2 Car
• HEAT SOURCE: Gas
• SCHOOLS: Tracy Unified

PROPERTY DESCRIPTION

This 5 bedroom, 3 bath home boasts beautiful cherry wood floors throughout the majority of the first floor along with a bedroom and full bath! The kitchen features granite counter tops, black appliances and lots of cabinet space.  The spacious loft overlooks the family room. Master bedroom with separate shower and tub.

JUST LISTED! Tracy CA Home for Sale - 1117 Harris Lane - Aguilera Real Estate Team

Market Trends Real Estate Newsletter July 2014 - Aguilera Real Estate Team

July 2014

EXISTING-HOME SALES CONTINUE CLIMB

Existing-home sales rose again during the month of May while sellers benefited with a lift in home prices, according to a recent report by the National Association of REALTORS (NAR). Existing-home sales, which include recently purchased single family, townhomes, condominiums, and co-ops rose 4.9 percent in May to a seasonally adjusted 4.89 million units for the year.

NAR chief economist Lawrence Yun believes the increased inventory benefits our current market. "Home buyers are benefiting from slower price growth due to the much-needed, rising inventory levels seen since the beginning of the year," he said. "Moreover, sales were helped by the improving job market and the temporary but slight decline in mortgage rates."

Nationally, total housing inventory increased 2.2 percent during May to 2.28 million units. The median time for homes to sell was 47 days in May, roughly the same duration reported in April. Fourty-one percent of May home sales were on the market for less than a month.

ARE BI-WEEKLY PAYMENTS RIGHT FOR YOU?

Many people ask about bi-weekly payment plans designed to reduce the interest paid out over the course of your loan. These programs help the borrower budget an extra payment a year, and over time this can knock years off the repayment schedule. Many people are surprised to learn that they can do this themselves without any special programs, simply by submitting an extra principle payment as they are able. By submitting an extra payment, you get the advantages of an early payout, without the extra contractual obligation. Want more information on other mortgage options? Contact us today for our list of preferred local mortgage experts.

INVESTING IN REAL ESTATE

Today's low interest rates and stabilized home prices have created some great investment opportunities!  Investing in real estate has unique advantages over other types of investments:

• Interest in mortgage loans are tax-deductible.  Investors can lower their tax liability while increasing their equity.
• Renters pay down your mortgage loan.  Investors reap the benefits of rental income, which offsets your mortgage cost and build equity.
• Real Estate values increase over the long term.  Real Estate is limited and will always be in demand. 
• 1031 exchanges are available to defer taxable income when you are ready to sell.

Many investors are taking advantage of these great market conditions. Have questions? Give us a call. Get a free market value analysis of your home. We are happy to help!

Market Trends Real Estate Newsletter July 2014 - Aguilera Real Estate Team

Price Reduced! 1498 Tamarisk Ln, Tracy - Aguilera Real Estate Team

1498 Tamarisk Ln, Tracy, California

This beautiful home is move in ready!

PROPERTY DETAILS

$399,950

LISTING INFORMATION

• MLS: 14036287
• BEDROOMS: 4
• BATHS: 2
• PARTIAL BATHS: 1
• SQ FT: 2661
• LOT SIZE: 0.1148
• STYLE: Contemporary
• GARAGE: 2 Car
• HEAT SOURCE: Gas
• SCHOOLS: Tracy Unified

PROPERTY DESCRIPTION

This beautiful home is move in ready! Over sized family room opens into spacious kitchen that boasts stainless steel appliances, breakfast bar and nook. Large Master bedroom features French doors and two closets. All bedrooms are good sized. Laundry room is located upstairs for convenience. Dual air/heat controls and energy efficient lighting. Spacious backyard with just the right combo of lawn & patio for activities!

Price Reduced! 1498 Tamarisk Ln, Tracy - Aguilera Real Estate Team

Pending Sale! 723 Long Barn Drive, Lathrop - Aguilera Real Estate Team

Do You Know Someone Looking to Sell their Home?

Our team just Sold another home! Pending Sale in Lathrop at 723 Long Barn Drive, Lathrop California. Your home is likely the largest investment you'll ever make, and a key factor to your financial future. When looking to sell your home, choose a real estate agent with expertise and a proven track record. 

Contact our team today for a FREE no obligation Comparative Market Analysis.

 

Property Sold by The Aguilera Real Estate Team

www.TracyRealEstateToday.com 

2311-A North Tracy Blvd, Tracy, CA 95376

209-814-8256

Pending Sale! 723 Long Barn Drive, Lathrop - Aguilera Real Estate Team

Coming Soon! 2735 W Swain Road, Stockton - Aguilera Real Estate Team

2735 W Swain Road, Stockton California

Coming Soon!

PROPERTY DETAILS

$280,000

LISTING INFORMATION

• MLS: 14039068
• BEDROOMS: 5
• BATHS: 3
• PARTIAL BATHS: 0
• SQ FT: 2399
• LOT SIZE: 14,590 Sq Ft
• STYLE: Contemporary
• GARAGE: 2 Car
• HEAT SOURCE: Gas
• SCHOOLS: Lincoln

PROPERTY DESCRIPTION

Coming Soon!

Coming Soon! 2735 W Swain Road, Stockton - Aguilera Real Estate Team

JUST LISTED! 3224 Justin Court, Tracy - Aguilera Real Estate Team

3224 Justin Court, Tracy, California

Beautiful Two Story Home!

PROPERTY DETAILS

$425,000

LISTING INFORMATION

• MLS: 14029308
• BEDROOMS: 4
• BATHS: 3
• PARTIAL BATHS: 0
• SQ FT: 2443
• LOT SIZE: 6,098
• STYLE: Contemporary
• GARAGE: 2 Car
• HEAT SOURCE: Gas
• SCHOOLS: Tracy Unified

PROPERTY DESCRIPTION

Located in a quiet cul-de-sac, the home features NEW two-tone paint, laminate and NEW carpet. The kitchen has an abundance of cabinets and NEW granite counter tops.  Upstairs features a large loft, laundry room and three bedrooms. Downstairs features an over sized bedroom adjacent to a full bathroom.  The well manicured backyard is large and has RV parking in the side yard. Water softener in garage!

JUST LISTED! 3224 Justin Court, Tracy - Aguilera Real Estate Team

Stockton Home for Sale! 427 E Church Street - Aguilera Real Estate Team

427 E Church Street, Stockton, California

Charming, Victorian Two Story Home

PROPERTY DETAILS

$120,000

LISTING INFORMATION

• MLS: 14038267
• BEDROOMS: 3
• BATHS: 2
• PARTIAL BATHS: 0
• SQ FT: 1771
• LOT SIZE: 5000 Sq Ft
• STYLE: Victorian
• GARAGE: 2 Car
• HEAT SOURCE: Gas
• SCHOOLS: Stockton Unified School District

PROPERTY DESCRIPTION

In the redevelopment area of Stockton!  One bedroom and one full bath downstairs. Two bedrooms and one full bath upstairs.  Basement with plenty of storage space. Kitchen opens up to separate pantry room. Two car garage in back of home.  Needs some TLC.  Don't miss this opportunity!

Stockton Home for Sale! 427 E Church Street - Aguilera Real Estate Team

Mountain House Home for Sale! 296 W Saint Francis - Aguilera Real Estate Team

296 W Saint Francis Avenue, Mountain House, California

Mountain House Beauty!

PROPERTY DETAILS

$470,000

LISTING INFORMATION

• MLS: 14026688
• BEDROOMS: 4
• BATHS: 3
• PARTIAL BATHS: 0
• SQ FT: 2236
• LOT SIZE: 3920
• STYLE: Contemporary
• GARAGE: 2 Car

PROPERTY DESCRIPTION

Desireable floor plan with one bedroom and a full bath downstairs.  Tile flooring, granitie countertops, built-in desk and spacious bedrooms. Balcony off of the Master Suite.  Private courtyard style entryway.  Located across from the park.  This is a must see!

JUST LISTED! 723 Long Barn Drive, Lathrop CA - Aguilera Real Estate Team

Move In Ready Two Story Home With Freshly Painted Interior!

723 Long Barn Drive, Lathrop, California

$260,000

LISTING INFORMATION

• MLS: 14037670
• BEDROOMS: 4
• BATHS: 2
• PARTIAL BATHS: 1
• SQ FT: 1714
• LOT SIZE: 6,119 Sq Ft
• STYLE: Contemporary
• GARAGE: 2 Car
• HEAT SOURCE: Gas
• SCHOOLS: Manteca Unified School District

PROPERTY DESCRIPTION

Spacious deck off of family room that overlooks the pool size backyard. New microwave, dishwasher and also newer refrigerator included in Kitchen. Master bath has over sized closet with mirrored doors. Master bedroom located on the 2nd level while the lower level features three bedrooms (all with mirrored closets), a full bath, living room and a two car garage.  The exterior features vinyl siding which is weather resistant, does not require painting for upkeep and can help decrease energy bills!

JUST LISTED! 723 Long Barn Drive, Lathrop CA - Aguilera Real Estate Team