Jim Patton - Realtor , CDPE, SFR Stanislaus County Short Sale Specialist

Stanislaus County Short Sales - Eastern Stanislaus County Foothills in Spring

Today I just want to share some photos of the foothills of Eastern Stanislaus County. Currently they are a beautiful shade of green. With the rain we are getting today and the next couple of days they should stay green for a little while longer. These photos were taken on March 11,2012. Enjoy the view.

Spring in Western Stanislaus County

Turlock Ca Short Sale - On Market 48 Hours - 10 OFFERS!!

I'm sure a lot of people believe that the current real estate market is terrible. If you watch the nightly news, listen to the radio or read the newspaper most of the time you are being told how terrible the market is. Of course the saying is that bad news sells. The problem with these news reports is that they all try to paint all markets with the same brush.

There is another saying and that is that "All Real Estate Is Local." What I mean by that is every market is different and that you can't compare what is happening in the Turlock Ca Real Estate Market with what is happening in the New York City real estate market or pretty much any where else. Sometimes you may even find different markets within the same city.

What this post today is about is one of my current Turlock Ca Short Sale listings. This is a nice single family home in great condition in a nice area of town. I actually put the listing on the Multiple Listing Service (MLS) at 5 pm on Thursday March 8th. Within 2 hours I had my first offer. By the end of the day on Friday, about 24 hours after the home went on the market, I had 6 offers. By Saturday late afternoon I had 10 offers. And they were all pretty good offers. Every one of them were at asking price or above.

I don't think you are hearing too many stories like this on the nightly news. I know this is not all that unusual in the Turlock Ca Short Sale market. Just about all of the agents that submitted offers to me said that they have been trying to find a house for their buyers and have been faced with multiple offers just about every time. Right now the inventory of available homes in Turlock is a bit low. Finding a clean move in ready home like my listing is even harder to find. Another factor is that interest rates right now are GREAT and many first time buyers are now able to buy. The bottom line is that a lot of homes here are getting multiple offers and are getting them fast.

So the next time you hear about how terrible the real estate market is just remember that that doesn't mean that the real estate market is terrible everywhere.

P.S. By Sunday morning when I went to present the offers to my seller we were up to 12 offers.

Summer Concerts Announced - Ironstone Winery - Murphys Ca

Yesterday March 9, 2012 the summer concerts at Ironstone Winery in Murphys Ca were announced. As usual there is a variety of acts coming to the beautiful amphitheater in the foothills of Calaveras County. This is one of the nicest places in the area to see a concert. The amphitheater is located on the grounds of the Ironstone Winery.

I have been to several concerts there over the last few years and always have enjoyed myself. Murphys is a great place to come up and make it a whole day of fun. There are dozens of wineries, such as Twisted Oak, in the area that offer tastings and some great places to eat. If you want to try something other than wine head over to Marisolio Tasting Bar to try olive oils and balsamic vinegars . There is also the famous Murphys Hotel Saloon where you can hang out before the show and enjoy an adult beverage.

Last year at the Ironstone Amphitheater I saw Dave Mason with the Steve Miller Band and later on Don Henley. All three were great and played to big crowds. This years shows are below.

July 7 - Annual Fireworks show with Shane Dwight, Whiskey Dawn and Chains Required
July 14 - Reba
July 28 - Kelly Clarkson & The Fray
August 4 - John Fogerty
August 11 - Heart & Foreigner
September 2 - Jackie Evancho & Tony Bennett
September 15 - Jeff Foxworthy

Tickets go on sale March 15,2012 and are available through www.etix.com. I'll see you there!

Stanislaus County Short Sales - February 2012 Stanislaus County Sales Stats

The sales numbers are in for Stanislaus County Sales for the month of February 2012. Sales of single family homes are down slightly this year and Distressed properties (Bank owned and Short Sales) are still dominating the market.

Here are the February 2011 and February 2012 Sales Stats for single family homes:

Total Sales February 2012: 491 sold * 41% (200) Bank Owned * 30% (148) Short Sales 71% of sales were distressed properties

Total Sales February 2011: 530 sold * 53% (281) Bank Owned * 22% (119) Short Sales 75% of sales were distressed properties

The total number of homes sold in February 2012 dropped from February 2011 and the percentage of Distressed Properties dropped slightly. We have seen a few more traditional sales start to come on the market and also we are seeing more investors buying homes on the court house steps and then reselling them. The percentage of Short Sales rose dramatically in February 2012 and the percentage of Bank Owned sales dropped quite a bit. But I still think the bottom line is that Stanislaus County Short Sales and Bank Owned homes are not going away any time soon.

With 7 out of 10 single family home sales in Stanislaus County being distressed sales if you are thinking about buying you need an agent that has experience with Distressed Properties. A Stanislaus County Short Sale transaction and a Stanislaus County Bank Owned home sale are not the same thing. You need someone that is experienced with both. Someone that has experienced both short sales and bank owned sales from both sides of the transaction, as the listing agent and as the buyers agent. Some one that knows how to negotiate through the process from beginning to end.

I have that experience. I have represented the banks in listing Bank Owned homes and represented buyers of bank owned homes. I have represented the sellers of Stanislaus County Short Sales and represented buyers of Stanislaus County Short Sales.

If you want more information on Stanislaus County Short Sales as a Call me today at 209-633-2839. If you want to search Stanislaus County Listings be sure to visit my website.

Stanislaus County Home Sales January 2012

Stanislaus County Home Sales December 2011

Stanislaus County Home Sales November 2011

Stanislaus County Home Sales October 2011

Stanislaus County Home Sales September 2011

Stanislaus County Home Sales August 2011

Stanislaus County Home Sales July 2011

Stanislaus County Home Sales June 2011

Wordless Wednesday - Spring in Stanislaus County

The photographs below were taken in and around Stanislaus County. Spring seems to have come early to the area this year. It seems like everywhere you turn there are orchards loaded with blossoms, sunny days in the upper 70's and clear skies. This is my favorite time of the year here in Stanislaus County. Enjoy!