What is the demographic of the real-estate transactions in the Stockton area?

Asked by netskater, Stockton, CA Sat Aug 13, 2011

This questions is mainly for the several excellent realtors who advise on this borad. Are the bulk of the current purchases investment-related or are they for primary residences? I am trying to determine whether the Stockton market is going to stabilize at these levels or will there be another price drop.

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4
David McKeev…, Agent, Stockton, CA
Sun Aug 14, 2011
Hi Netskater,
I think that the majority of purchase today are for primary residences. The majority being 65-75%. There isn't any specific data that breaks down investment vs. primary residence purchases that I know of. It is hard to determine where prices are going from here. We know not up and It's almost impossible to try and time the exact bottom of any market, both stock or real estate. However, we do know two things: 1. Current home pricing is well below pre-bubble and as far back as the year 2000 if not sooner. 2. Interest rates are at 60 year lows. Buying now cannot be a bad thing. Waiting and trying to pick the bottom is, because before you know it, things will be looking a little more positive. Time flies. : )
Let me know if you would like to sit down and chat about investing. I help other investors with locating and managing property. I also an investor myself and am currently buying in this market.
0 votes
Rocky G.H. H…, Agent, Ripon, CA
Sun Aug 14, 2011
Hi Netskater,

More information.

Best regards,

Rocky G.H. Hawrysz
Prudential California Realty
(209) 444-6610 Direct
(209) 433-2000 Fax
rocky@prucalifornia.com http://www.TeamHawrysz.com
License No. 01468373
0 votes
Rocky G.H. H…, Agent, Ripon, CA
Sun Aug 14, 2011
Hi Netskater,

Also you can check out the below Web Reference more specific to Stockton.

Best regards,

Rocky G.H. Hawrysz
Prudential California Realty
(209) 444-6610 Direct
(209) 433-2000 Fax
rocky@prucalifornia.com
http://www.TeamHawrysz.com
License No. 01468373
0 votes
Rocky G.H. H…, Agent, Ripon, CA
Sat Aug 13, 2011
Hi Netskater,

Check out the stats in San Joaquin County by clicking on the below link.

Let us know if you would like more detailed information.

Best regards,

Rocky G.H. Hawrysz
Prudential California Realty
(209) 444-6610 Direct
(209) 433-2000 Fax
rocky@prucalifornia.com
http://www.TeamHawrysz.com
License No. 01468373
0 votes
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