Homes have been sitting on the market an average of 90 - 100 days. Of course, when priced well below market they move quickly and with numerous offers. It is crucial if you are considering buying to talk to an agent you trust and who is connected to what is coming on the market. For example, I know of a home, it was priced at $525,000, it was an REO, the price was dropped to $399,000 by authorization of the bank. It had 6 offers and sold for $440,000. Prices are lower than they have been in years in Tracy, I

Sun Jan 13 2008, 20:29

That is the most important part of selling the home...its pricing. The right price will sell quicker. Right now home prices are still on the decline and the inventory up. I don't see them stopping anytime before the spring at which there generally is an upturn in the purchase market as people are past the winter months and holidays and can get out to look and actually move.

This is true in most of the Central Valley area. If I can be of assistance please call. Incentive is: if we find a house and your finance it with my company, I'll credit back to you half my home sale commission so you can upgrade your new home or take a vacation. Win/win. What everyone wants. I also refinance home loans and do business loans.

Thank you for considering my offer. George 209-649-8114

Sat Jan 12 2008, 12:31

There are some GREAT values in Tracy right now. I am amazed.
I would like the opportunity to show you the best deals.
Call me.

Brett Espicha
209-627-6474

Tue Oct 23 2007, 15:38

The Tracy real estate market is slow but inventory is still moving. Right now is a true buyers market. Buyers are educated on the internet and coming from the bay area. Homes that are selling are homes that must be sold(divorce, short-sale, death, forclosure, or move-up) and so are priced severly below market in order to obtain a quick sale. Buyers are coming in and are getting a great home with instant equity when the seller is motivated. Typical sellers are getting less then what they are asking and paying closing costs, even banks are paying. Homes on the lower end of the market(300K-350K)seem to be holding there value better then the upper end.(650K+) A home in Tracy will typically sit on the market for at least 30 days if its priced right, longer if not. Right now I am seeing move up buyers and first time buyers who were either priced out of the market in the last two years or were not ready to buy at the time.

Mon Apr 23 2007, 15:51