So where does Stockton, CA fit into Home Sales results?

Most of the Q4 numbers are in. The prediction is that we will see a rise in Foreclosures before the numbers start to decrease. What are the numbers in your area?

Stockton, CA sold almost half the # of homes as the entire San Joaquin County. Tracy, CA came in second. San Joaquin County has experienced a population boom in the past decade. Stockton is housing the largest number of that boom. This boom is mainly because of the high cost of living in the SF Bay Area. Stockton is 80 miles from San Francisco.

Q4 - California	Most loans originated between August 2005 and October 2006
	$402,000 was the median price for a home
	The average #of months homeowners were behind on mortgage payments before Notice of Default was recorded is 5 months
	The average # of months homeowners were behind on Line of Credit payments before Notice of Default was recorded is 7 months
	Increase in Defaults were recorded in 42 of the 58 counties in California
	Defaults were the highest in 2007 than it has been since 1992

Numbers are figured up to December 27, 2007

County/City/Area

# Sold

Dec. 2007

Median $

Dec. 2006

Median $

% Change

San Joaquin County	496	$316,750	$429,500	-26.25%
ESCALON	10	$355,500	$350,500	1.43%
FRENCH CAMP	2	$170,500	$25,000	582.00%
LATHROP	10	$361,500	$475,000	-23.89%
LINDEN	4	$472,500	$451,000	4.77%
LODI	24	$294,500	$340,000	-13.38%
MANTECA	90	$330,500	$413,500	-20.07%
RIPON	6	$445,000	$475,000	-6.32%
STOCKTON	235	$260,000	$376,300	-30.91%
TRACY	112	$425,750	$526,000	-19.06%
WOODBRIDGE	3	$292,500	$462,500	-36.76%

Stockton, CA is the seat of San Joaquin County (which is the 5th largest agricultural county in the United States). According to 2007 estimates by the California Department of Finance, Stockton has a population of 325,308 (689,689 MSA) and is the 13th largest city in California far as in population.

Need a Short Sale Specialist?

For a FREE MARKET EVALUATION of your home Call us or visit http://www.motheranddaughterrealty.com/

Check out: Real Estate Terms/Definitions. And take a look at Mother and Daughter Blog for other tips for Sellers and Buyers. I work with my daughter as the Mother and Daughter Real Estate Team at Perfect Financial Solutions and we also focus in Short Sales and the Pre-Foreclosure process. Our consultations are free. Our aggressive marketing plan includes on-listing advertising. If you are thinking of selling or buying a home in Northern California's Central Valley (San Joaquin County CA - includes Stockton, Manteca, Tracy, Lathrop) plus Stanislaus County CA - includes Modesto, Salida, Riverbank) & the East Bay (Alameda County CA - includes Hayward, Fremont, Newark, Union City & Oakland) and surrounding areas. If you would like a FREE Home Seller or Home Buyer Handbook, please call us at 866-750-8282 or email at US.

Check us out on website: http://www.motheranddaughterrealty.com

Rosemary Brooks

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Rosemary Brooks -Mother & Daughter (866)-750-8282
Family Realty Group - 866-750-8282
Stockton, CA

Office Phone: (866) 750-8282
Cell Phone: (209) 627-9119
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