Annual RED Day - Keller Williams Tracy 2014

ANNUAL RED DAY - KELLER WILLIAMS TRACY (2014)

Agents from Keller Williams Realty in Tracy set aside their usual tasks May 8 and spent the day handing out boxes of food to local residents at the Valley Community Baptist Church Food Pantry.

The agents raised $2,400 through fundraisers in March, April and May, enough to buy 12,631 pounds of food and supply 480 families. Those who picked up food from the pantry were also treated to breakfast or a taco lunch and music.

Each May, Keller Williams offices pitch in for RED Day, a day to renew, energize and donate to their communities.

The Valley Community Baptist Church Food Pantry is open from 10 a.m. to noon Thursdays. People in need of help and those who want to donate or volunteer should contact Terry Blueitt, the food pantry director, at terry_vcbc@att.net, tblueitt@sbcglobal.net or 836-9227.

Article and photo by: Tracy Press

http://www.tracyrealestatetoday.com/Giving-Back

JUST LISTED! Beautiful Large 5 Bedroom 4 Bath Modesto Home for Sale! The Aguilera Real Estate Team

2320 Sea Otter Court, Modesto, California

Beautiful, Clean and Large Two Story Home!

PROPERTY DETAILS

$385,000

LISTING INFORMATION

• MLS: 14029337
• BEDROOMS: 5
• BATHS: 4
• PARTIAL BATHS: 0
• SQ FT: 2964
• LOT SIZE: 6,534 Sq Ft
• STYLE: Contemporary
• GARAGE: 2 Car
• HEAT SOURCE: Gas
• SCHOOLS: Modesto City

MORE INFORMATION

• View Map
• Disclosures
• More Photos

PROPERTY DESCRIPTION

Entry opens up to spacious living room. Two bedrooms downstairs including a bedroom with its own full bath. Formal dining room. Family room opens up to kitchen and backyard. Kitchen has breakfast nook and pantry closet. Over sized master suite with master retreat. Master bath has separate shower, tub and walk in closet. Nice sized backyard. Come see this beauty!

Pending Sale! 816 Virginia Street, Manteca California - Aguilera Real Estate Team

This home is pending sale at 816 Virginia Street, Manteca CA

If you are considering selling, call The Aguilera Real Estate Team! The team that gets HOMES SOLD! www.TracyRealEstateToday.com

The Aguilera Real Estate Team

www.TracyRealEstateToday.com 

2311-A North Tracy Blvd, Tracy, CA 95376

209-597-8256

Pending Sale! 816 Virginia Street, Manteca California - Aguilera Real Estate Team

2014 FHA Loan Limit Changes

What is FHA? The Federal Housing Administration (FHA) was established as a result of the Great Depression to assist the housing industry. The FHA continues to help home buyers who do not meet typical financing needs  like  not having a great credit history.  As of 1/1/2014, FHA has decreased the loan limits on all FHA loans across the nation. The government is trying to tighten up restrictions in hopes to avoid another housing bubble. The question is, has this been enforced too soon? Is the market stable enough to take another hit on high valued homes in each respective county? Will lenders be able to accommodate and help fill the void?

How does this affect San Joaquin County?  Some areas of San Joaquin county are not seeing the effects of this change.  However, areas such as Tracy are feeling the impact.  With little inventory under the FHA loan limit, buyers who are dependent on using FHA are being forced to buy less house or look outside Tracy for a home.  Inventory has doubled since the first of the year and homes sales in Tracy are down month over month from the same time last year.  Homes are staying on the market longer and prices have flattened in the price range above the FHA loan limit. 

The Aguilera Real Estate Team is here to assist you with all of your real estate needs.  Let us help you navigate the ever changing real estate market.  Whether your are buying or selling, we are on top of the changes and will guide you through a smooth and efficient real estate transaction. 

Below you will find a list of counties and their changes in FHA loan limits from 2013 to 2014. 

Counties	2013	2014
Inyo	$437,500	$369,150
Kern	$368,750	$271,050
Kings	$325,000	$271,050
Lake	$401,250	$271,050
Lassen	$285,000	$271,050
Los Angeles	$729,750	$625,500
Madera	$425,000	$271,050
Marin	$729,750	625,000
Mariposa	$412,500	$322,000
Mendocino	$512,500	$373,750
Merced	$472,500	$271,050
Monterey	$729,750	$483,000
Napa	$729,750	$592,250
Nevada	$562,500	$477,250
Orange	$729,750	$625,500
Placer	$580,000	$474,950
Plumas	$410,000	$336,950
Riverside	$500,000	$355,350
Sacramento	$580,000	$570,450
San Benito	$729,750	$625,500
San Bernadino	$500,000	$355,350
San Diego	$697,500	$546,250
San Francisco	$729,750	$625,500
San Joaquin	$488,750	$304,750
San Luis Obispo	$687,500	$561,200
San Mateo	$729,750	$625,500
Santa Barabara	$729,750	$625,500
Santa Clara	$729,750	$625,500
Santa Cruz	$729,750	$625,500
Shasta	$423,750	$273,700
Siskiyou	$293,750	$271,050
Solano	$557,500	$400,200
Sonoma	$662,500	$520,950
Stanislaus	$423,750	$276,000
Sutter	$425,000	$271,050
Tehama	$312,500	$271,050
Tulare	$325,000	$271,050
Tuolumne	$437,500	$331,200
Ventura	$729,750	$598,000
Yolo	$580,000	$474,950
Yuba	$425,000	$271,050

Tracy & Mountain House 10 Listings of the Week - Aguilera Real Estate Team

Tracy & Mountain House 10 Listings Of The Week

In Tracy & Mountain House, there are a total of 21 active listings that came on the market between 5/4 through 5/10. 

There were a total 23 properties that went pending in Tracy & Mountain House last week.

There were a total of 10 properties that were sold last week as well.

Here are Tracy & Mountain House's 10 listings of the week:

10. The Aguilera Real Estate Team Listing - 920 Dolores Court, Tracy - (Price Reduced!) $360,000

Immaculate and ready for its new owners! Move in ready two story home in the Sienna Park Neighborhood. Beautiful tile floors downstairs and carpet in bedrooms. Open kitchen with Travertine tile, a center island and new black appliances. The upstairs loft compliments the over sized bedrooms. New water heater. The backyard features a gorgeous stamped concrete patio with planters. Pride of ownership shows throughout this home!

9. The Aguilera Real Estate Team Listing - 1498 Tamarisk Lane, Tracy - (Price Reduced!) $425,000

Immaculate Home located in Edgewood. Bring your pickiest buyers! 4 bedrooms upstairs with huge master bedroom. Den downstairs. Home is freshly painted with crown molding. Upgraded tile and carpet throughout. Large family room that opens into kitchen with a breakfast bar. Stainless Steel appliances in kitchen. Plantation shutters. Separate, formal dining room. Upstairs laundry room. Yards are nicely landscaped! This home is move-in ready!

8. 2110 Jenni Lane, Tracy - $459,900

Newer 5 bedroom home in great location! Downstairs bedroom. Huge yard with patio. Close to schools and parks. Easy access to freeway, shopping & restaurants.

7. 4546 Oakridge Drive, Tracy - $484,900

Elegant home in Glenbriar Estates. 5 Beds (2 downstairs), 3 bath, entry with hardwood floores extending to kitchen/family room combo, granite kitchen counter tops, island with sink, family room with fireplace and surround sound. Laundry room is upstairs, high volume ceilings, landscaped front and back. Large backyard, great for future pool! Jefferson School District.

6. 2001 Superior Court, Tracy - $585,000

Big home on a big lot! Over 1/4 acre pie-shaped lot at the end of cul-de-sac, many palm trees, rosebushes, fruit trees and lots of color. Home has 5 bedroom plus den/office and a huge bonus room. High-gloss hardwood floors downstairs, granite kitchen counters, island, GE Profile stainless appliances, double-oven, and gas cooktop. 1 bedroom and den/office down, marble-face fireplace in front room, Jacuzzi tub in master bath and crown molding downstairs. Very nice home.

5. 590 Hutchings Court, Mountain House - $524,900

There is no comparison to the superior finishes and craftsmanship of this luxurious 4 bedroom plus loft, 3.5 bath, 2865 square foot executive home. Gorgeous finishes include: New Stainless Steel appliances-all Included, granite Countertops, custom built cherry TV wall Unit, plantation shutters, surround sound speakers, washer/dryer, book cases, garage cabinets, and security system to name a few features. Freshly painted exterior and interior, and updated tiled bathrooms.

4. 410 W Gravino Drive, Mountain House - $549,900

Feast your eyes on this Questa Village beauty. Not even a 5 year old. 5 bedroom, 3 full baths, loft and an extended great room option from the builder makes this home sure to please! 3,450 square feet of utter beauty. Slate flooring with upgraded mahogany trim & cabinetry gives this beauty that homely feel we all desire. In walking distance to Sebastian Questa!

3. 283 W Questa Trl, Mountain House, CA 95391

MODEL HOME FOR SALE! This is our Alpine model home, built by Standard Pacific Homes, and is now being offered for sale and has never before been lived in. There are many custom features, built-ins, and upgrades throughout this home, including Hardwood Floors. Plan includes a den which could work as an additional bedroom. Professionally landscaped rear yard awaits you.

2. 257 W Questa Trl, Mountain House - $589,000

MODEL HOME FOR SALE! This is our Cascades model home, built by Standard Pacific Homes, and is now being offered for sale and has never before been lived in. There are many custom features, built-ins, and upgrades throughout this home. Plan includes a first floor bedroom and an upper loft. Professionally landscaped rear yard awaits you.

1. 221 W Questa Trl, Mountain House - $609,000

MODEL HOME FOR SALE! This is our very popular Sierra model home, built by Standard Pacific Homes, and is now being offered for sale and has never before been lived in. There are many custom features, built-ins, and upgrades throughout this home. Plan includes a first floor bedroom and an upper loft. Professionally landscaped rear yard awaits you.

Tracy & Mountain House 10 Listings of the Week - Aguilera Real Estate Team

This Month In Real Estate Video May 2014

This Month in Real Estate May 2014

Home sales activity was at an annual pace of $4.6 million, with a median home price of $189,000. Home prices are up 5.4 percent from last month, and 7.7 percent from the same month last year. The average national rate on a 30-year fixed-rate mortgage edged up to 4.33 percent. 

JUST LISTED for $185,000! Home for Sale at 816 Virginia Street, Manteca, California

JUST LISTED! 816 Virginia Street, Manteca, California

The Price is Right!

PROPERTY DETAILS

$185,000

LISTING INFORMATION

• MLS: 14020867
• BEDROOMS: 3
• BATHS: 2
• PARTIAL BATHS: 0
• SQ FT: 1320
• LOT SIZE: 6,500 Sq Ft
• STYLE: Contemporary
• GARAGE: 1 Car
• HEAT SOURCE: Gas
• SCHOOLS: Manteca

MORE INFORMATION

• View Map
• Disclosures
• Mortgage Calculator
• More Photos

PROPERTY DESCRIPTION

Cozy one story home with three bedrooms and two baths with partially converted garage to an extra bedroom. Open family room with brick fireplace. Tiled floors in the kitchen. Brand new two way wall heater. New blinds throughout. New 40 gallon water heater.  Large backyard with an extra storage shed and alley access. Commute friendly location!

FREE Market Trends Real Estate Newsletter for May 2014

May 2014

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EXISTING-HOME SALES STEADY, PRICES UP

Existing-home sales remained level this March while home prices saw moderate growth, 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 were down 0.2 percent to a seasonally adjusted 4.59 million units for the year.

NAR chief economist Lawrence Yun expected to see more activity. "There really should be stronger levels of home sales given our population growth," he said. "In contrast, price growth is rising faster than historical norms because of inventory shortages. With ongoing job creation and some weather delayed shopping activity, home sales should pick up, especially if inventory continues to improve and mortgage interest rates rise only modestly."

Nationally, the median time for homes to sell was 55 days in March, a decrease from 62 days in February, and 62 days from March 2013. Thirty-seven percent of March home sales were on the market for less than a month.

OPTIMISM FOR FIRST TIME BUYERS

First-time buyers accounted for 30 percent of purchases in March, up two percent from the month before. NAR president Steve Brown believes this number can be higher. "There are indications that the stringent mortgage underwriting standards are beginning to ease a bit, particularly regarding credit score requirements, but they remain a headwind for entry-level and single-income home buyers," he said.

"We also have tight inventory in the lower price ranges where many starter homes are found, but rising new-home construction means some owners will be trading up and more existing homes will be added to the inventory. Hopefully, this will create more opportunities for first-time buyers," Brown said.

Mortgage giant Freddie Mac reports that the average commitment rate for a 30-year, fixed-rate mortgage was hovering at 4.34 percent during March. These historic low rates optimize housing affordability for today's home buyer.

FIVE TIPS TO ENHANCE CURB APPEAL

It's important for sellers to do what they can to get their home to stand out. Here are five quick tips to generate some excitement for your home in today's market.

• Use Paint:  A new coat of paint can go a long way to make your home look up to date. Neutral colors work best because they appeal to the most people.
• Mow the Lawn: Take the time to mow the lawn and clean the yard. Rake leaves and grass and put away any tools that may be lying around. Don't turn buyers off with a messy yard. If they like what they see on the outside, you'll improve your chances of getting them to look inside.
• Plant Flowers: Seasonal or perennials can bring a splash of color to your home and brighten the view from the street. Flowers throughout the house will please the senses and make your house feel like a home.
• Spruce Up Your Walkway: Dressing up your walkway with bricks or paving stones will lead people to your front door. Inexpensive solar lighting can further enhance your entry.
• Window Treatments: Keep your home from looking plain or boring with some decorative shutters. Windows are very important to the overall appeal of your home. Add planter boxes underneath for an immediate improvement that doesn't cost a lot of money!

By following these tips, you will be able to capture the hearts and minds of today's buyers, as well as improve your chances for a quick sale at the best price possible.

When you are ready, contact me today for a personal market value analysis of your home. No hassles or obligation - just honest advice on how to get top dollar for your home!