This week in Lodi – Real Estate related news summaries 9/12/10 – 9/19/10
By Jack Mossman - The Nines Team at Keller Williams in Lodi, The Nines Team in Lodi
(The Nines Team at Keller Williams in Lodi)
Sept 17 – Los Angeles, AP - “Home sale decline in August” – California homes sales dropped 14 percent from the year ago period reaching the lowest period for the month in three years. (San Diego based DataQuick is reporting source). Bay Area homes fell 10.9 percent and median home prices dipped to $385,000. Foreclosures continue to account for over 30% of homes sales. Sept 17- Stockton Record - “Stockton third in foreclosure notices” – Stockton was ranked third in the nation for foreclosure notices according to RealtyTrac. The tracking form noted that 1 in 100 housing units received a notice. Nationally, one in every 381 housing units received foreclosure notices. Sept 19 – Stockton Record – Weekly guide to Managing Money from Walls Street Journal -“Why it pays to pay off your mortg...
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