Home Values To Go No Way But Up - Stockton

Jill Holly Arrington
Aug 21, 2017
2 min read

When I first moved to Stockton in 2014 from the Bay Area, I didn’t have a clue how my journey as an entrepreneur would progress. I didn’t have any family or friends in Stockton and I was starting my life all over at age 48. All I knew was that the properties and rental were inexpensive and it was HOT, HOT, AND HOT! Since I’ve been here there has been a lot of exciting and positive transition in my life. Both of my sons and their families moved here and I’ve established relationships with great people -- business and personal.

I also recently transitioned back into Real Estate as my primary business. I’ve been out of the business for 12 years now. It is new, exciting and much more competitive with all the technology. I feel like most Realtors I've encountered lately, are only concerned about the money and the prestige.

Nevertheless, I’m back with a passion to help people develop their strategy to live their dreams and leave a legacy for their families (not just buy or sell a house); which is the reason for this blog post and the many more that will follow. I hope you will join me on this journey by sharing this blog site with your friends & family.

The Infinity Bridge Between Stockton & Thorton

WHY STOCKTON?

According to the Central Valley Business Journal (2016), the Stockton-Lodi housing market was the fifth most active market in the United States according to preliminary May information from realtor.com. Modesto was outranked by Stockton-Lodi area only placing as 18th most active market in the U.S. Vallejo-Fairfield and San Francisco-Oakland-Hayward were ranked at the top 2 which was a real shock to me because the housing is so expensive.

California leads the list of best places to purchase a home with 10 of its cities in the top 20. "In California, you've got a confluence of an amazing climate, strong economy with high-paying jobs, and a tech sector attracting a competitive environment." Charlie Young, CEO of Coldwell Banker, told Business Insider. (Martin, 2016)

WHY SELL OR BUY NOW?

The new information that was researched from shows that the 2016 home buying season has picked up dramatically since 2015. Homes moved 7 percent quicker than they did in May, 2015 despite asking prices that keep hitting record highs. This is continuing trend we can expect throughout 2017 and well into 2018 if the economic strata continues to move upward even if it is at a slow, gradual pace there is nowhere to go but up!

Low mortgage rates are driving consumers into the market with urgency. However, the recurring issue of limited supply is leading to record-high prices. There are more buyers, than listings. Thankfully we are finally seeing gains in new single-family construction and new home sales to provide a pressure release and drive the prices down.

WHERE DO I GO FROM HERE?

Call, email, OR inbox me to schedule your “Cash Flow Assets for Retirement” Strategy session or visit any one of my websites to simple talk about the Listing and Buying Process.