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David McKeever's Blog

A realtors quest to enrich...

By David McKeever | Broker in Stockton, CA
  • Price Reduced!! Downtown Lodi Craftsman remodel

    Posted Under: General Area in Lodi, Home Buying in Lodi, Home Selling in Lodi  |  June 18, 2014 9:34 AM  |  148 views  |  No comments

     

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    432 W. Locust St.


    List Price: $580,000   3 Bedrooms  |  3.5 Bathrooms  | 2814 Sq Ft

    432 W. Locust, Lodi Ca  |  SEE ALL PICTURES |
    Gorgeous craftsman home in prime Downtown Lodi location is now available! This custom 3 bedroom , 3.5 bathrooms was completely rebuilt in 2009 by Hammon Construction and includes a large media/game/playroom; the possibilities are endless. Fabulous Vintage fir floors, antiqued kitchen cabinets, low E windows and french doors.  With two custom hanging decks you can relax outside while over looking the pretty landscaped yards.

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    The large master suite includes a cantilevered bay window, walk in closet, his and her sinks, and dual head slate shower.  Natural stone entry stairs and front porch, custom redwood fencing, arched doorways, slate floor baths, on-demand tankless water heater, high density sound proofing street side insulation. There is to much to mention, see it now before it’s to late!!

  • May 2014 Home of the Month in Weston Ranch

    Posted Under: General Area in Stockton, Quality of Life in Stockton, In My Neighborhood in Stockton  |  June 18, 2014 9:29 AM  |  144 views  |  No comments

    Congratulations to Rosa Padilla and family for winning the May 2014 Home of the Month in Weston Ranch.   Rosa’s lovely home on Lloyd Thayer circle always looks top notch and the community wanted to recognize the family for its consistent excellent apperance. McKeever Real Estate and the Weston Ranch Community Association awarded Rosa on May 24th, 2014.

    Pictured: Padilla Family & David McKeever
    Pictured: Padilla Family & David McKeever

    Mrs. Padilla’s Home in Weston Ranch features a beautiful stamped concrete driveway & walkway leading to the front door, well manicured yards and nice flower beds.  I’m sure her neighbors enjoy living to such a home.

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    The Home of the Month award is given to Weston Ranch community to residents who show a pride in ownership and excellence in outward home appearance.  The idea of the program is to create more pride in ownership among the community to encourage more residents to care for the appearance of their homes. This program kicked off in October 2013 and recipients of the award typically win movie passes, free mountain mikes pizza, 1 pound of top quality coffee and a Home of the Month certificate.

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  • Stockton Ca Real Estate Trends – Winter 2014

    Posted Under: General Area in Stockton, Home Selling in Stockton, In My Neighborhood in Stockton  |  February 28, 2014 6:06 PM  |  449 views  |  No comments

    Stockton CA:  This chart displays the number of homes for sale and sold homes during a 5 year period from January 2009 – January 2014.  As you can see there was a BIG decline in the amount of homes for sale in Stockton in the period.  However, in recent months we have started to see an increase in the homes for sale, which is a good indication that we may be getting back to “normal” levels by historic standards.  In a normal market we should have about 1000-1100 homes for sale.

    STKN 5 year Effects on Real Estate Market:

    Less supply of homes for sale causes upward pressure on prices.  The median Stockton home price increased 29.9% from January 2012 – January 2014. Good news for homeowners who were once underwater on their home equity.

    Where does that leave Stockton homebuyers in today’s market?

    • Increased inventory can mean more to choose from, less competition
    • Interest Rates are still at historically low figures
    • Affordability still high

    Regular Home Sales are back:

    The 2-year chart indicates the amount of Regular sales.  These are the amount of sale which were NOT foreclosures or Short Sales in stockton for the January 2012 – January 2014 time period.

    STKN Regular sale

     

    For more information about the Stockton Real Estate market, real estate trends, data or need help evaluating your home, please contact David McKeever with McKeever Real Estate in Stockton Ca.

  • Top 10 Most Expensive Sold Homes in Stockton in 2013

    Posted Under: General Area in Stockton, Market Conditions in Stockton, Home Selling in Stockton  |  January 23, 2014 4:57 PM  |  453 views  |  No comments

    Happy New Year from McKeever Real Estate and welcome to the year 2014! For the 5th year in a row, we bring you our annual TOP 10 list of Stockton’s Most Expensive sold homes. (Check out links to the past years below).

    For more data on these Top 10 beauties, check out some quick facts and fun data in my info graph below.





      
    Compare & check out the previous years Top 10′s – [ 2012 - 2011 - 2010 - 2009 ]

     

    INfograph

  • Real Estate Prices vs. Super Bowl Appearances

    Posted Under: General Area in Stockton, Market Conditions in Stockton, Home Ownership in Stockton  |  January 23, 2014 4:54 PM  |  434 views  |  No comments

    This blog is courtesy of by Andy Fulton, from MarketLeader.com  Andy recently wrote on his blog on the comparison of the number of historical Super Bowl appearances vs those cities median housing prices.  Check out what he found.

    Fact: Seven of the 10 NFL teams that have gone to the Super Bowl the most (five times or more) are from cities with HIGH median home prices, when compared to the average median home price of cities with NFL teams.

    Fact: Nine of the 13 NFL teams that have gone to the Super Bowl the least (one time or less) are from cities with LOW median home prices, when compared to the average median home price of cities with NFL teams.
    These two facts beg the following question: Is there somehow a correlation between the number of times a professional football team has gone to the Super Bowl and the real estate prices found in their home city? Keep reading to find out!

    Super Bowl Appearances vs. Real Estate Prices
    Super Bowl and Real Estate Facts

    Here are more facts that indicate a correlation between Super Bowl appearances and real estate prices:
    - The 10 teams that have been to the Super Bowl the MOST come from cities with an average median home price of $339,800. These cities have home prices that are an impressive 40 percent higher than the average median home price of cities with NFL teams, $243,341.
    - The 13 teams that have been to the Super Bowl the LEAST come from cities with an average median home price of $231,985. These cities have home prices that are 5 percent lower than the average median home price of cities with NFL teams.
    - See for yourself how the Super Bowl appearances of NFL teams stack up against the real estate prices in their respective cities:

    TEAM NAME, CITY NAME SUPER BOWL APPEARANCES MEDIAN HOME PRICE
    STEELERS,   PITTSBURGH                8                                $92,500
    COWBOYS,   DALLAS                         8                                $135,600
    PATRIOTS,    BOSTON                       7                                $375,700
    BRONCOS,    DENVER                        6                               $244,600
    49ERS,          SAN FRANCISCO          6                               $751,600
    PACKERS,     GREEN BAY                  5                                $129,800
    GIANTS,        NEW YORK                   5                                $517,900
    REDSKINS,   WASHINGTON, D.C.     5                                $443,700
    RAIDERS,     OAKLAND                      5                                $445,200
    DOLPHINS,   MIAMI                            5                                $261,400
    COLTS,         INDIANAPOLIS              4                                $120,400
    VIKINGS,       MINNEAPOLIS              4                                 $220,900
    BILLS,           BUFFALO                      4                                 $66,200
    RAMS,          ST. LOUIS                      3                                $121,300
    CHIEFS,       KANSAS CITY                2                                $138,300
    BEARS,        CHICAGO                       2                                $261,600
    BENGALS,    CINCINNATI                  2                                $126,000
    EAGLES,       PHILADELPHIA             2                                $150,000
    RAVENS,      BALTIMORE                  2                                $168,400
    JETS,            NEW YORK                    1                                $517,900
    BUCCANEERS,TAMPA                       1                                 $180,800
    SAINTS,        NEW ORLEANS             1                                $192,600
    CHARGERS, SAN DIEGO                   1                                 $445,500
    FALCONS,    ATLANTA                      1                                  $257,200
    TITANS,        NASHVILLE                   1                                  $166,400
    PANTHERS,  CHARLOTTE                1                                  $175,600
    SEAHAWKS, SEATTLE                      1                                   $452,000
    CARDINALS, PHOENIX                      1                                  $182,300
    BROWNS,     CLEVELAND                  0                                 $84,000
    LIONS,          DETROIT                       0                                  $67,000
    JAGUARS,   JACKSONVILLE              0                                  $166,500
    TEXANS,     HOUSTON                       0                                  $128,000

  • Stockton Ca Housing Market Update - Fall 2013

    Posted Under: General Area in Stockton, Home Buying in Stockton, Home Selling in Stockton  |  September 24, 2013 10:20 AM  |  646 views  |  No comments

    Fall is upon us and we have seen a very interesting housing market thus far in 2013.  The start of the new year brought a buying frenzy and it has continued through the summer months.  Most areas in Stockton have seen price appreciation due to the low inventory and increased demand from home buyers looking for good homes in Stockton Ca.

    While in recent months, the inventory slowly climbs from its bottom levels, we are still far below what a normal housing market has for sale.  An average historic Stockton real estate market typically will have about 1100- 1200 homes for sale.  (This is normally enough for a buyer to go view 5 or 6 homes, take a couple of days to think about what home they like the best then make an offer) In todays market environment, home buyers have limited options to choose from and must make a decision to make an offer ASAP.

    The chart below is from the last 12 years of housing supply.  August had 524 homes for sale in Stockton, off the 12 year low from April of 372 homes for sale.

    Average Market: 1100 - 1200 Homes for Sale | August 2013: 524 Homes for Sale

    April 2013: 372 Homes for Sale  (Lowest in 12 years)

    [ See LODI MEDIAN PRICES ]

    Below is the effect of the low housing inventory in Stockton on median home prices. The median price over the last two years has jumped 29.7%!! 

    Median Price August 2011: $128,000 | Median Price August 2013: $166,000

    It will be interesting to see where the Stockton housing market goes from here. We are starting to see a climb in interest rates. They can't and wont stay this low forever! So, if interest rates start to climb in 2014 will the buying demand continue to be strong? Will less buyers mean more homes for sale?

    What are your thoughts? Comment below!

  • Top 10 REASONS WHY SOMEONE WILL WANT TO BUY YOUR HOME

    Posted Under: General Area in Stockton, Home Buying in Stockton, Home Selling in Stockton  |  June 24, 2013 4:00 PM  |  1,395 views  |  No comments

    Being a successful real estate broker in Stockton & Lodi, requires unique knowledge because of diversity of the neighborhoods. As Stockton & Lodi real estate agents, we are always looking for ways to promote, market and showcase your home and neighborhood features to give you TOP dollar when you sell your home.  Below is a TOP 10 list of reasons what some buyers look for in a homes location.

    1. It's easily accessible to mass transit such as train, buses and even airports.

    2. The schools in your area are excellent.

    3. There's plenty of restaurants and shopping nearby.

    4. Your homes architecture is noteworthy from a historical or regional angle.

    5. Your area has a good reputation for being a good long-term real estate investment.

    6. There are plenty of parks and usable outdoor spaces in your neighborhood.

    7. You have a low crime rate in your neighborhood, or there is an active neighborhood watch program.

    8. Your neighbors are people just like you.

    9. The local economy is strong and growing.

    10. Your neighborhood is close to cultural and historical landmarks such as museums, National Parks and other recreational experiences.

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