October 1, 2005
THE REAL (ESTATE) STORY
By Larry Underhill
Oener/Broker
FRIEND AND BROKER ASSOCIATE Don Brandt showed me the results of some online research he just completed. According to the records he reviewed, of all listed Lodi homes, a full 41 percent have adjusted their list price at least once. That compares with a 32 percent figure on September 19. It’s a sure bet those ‘adjustments" are overwhelmingly downward.
The times they are a-changin’! So what’s new? Change is the one thing you can count on in life. The good news is that interest rates remain low and Buyer demand remains strong, albeit cautious.
CONGRATULATIONS to Richard Pratt on the sale of his Lodi property! Statesman’s own John Manguso performed the lion’s share of the work in representing him on this transaction. Great job, John! Thanks also to Modesto Realtor Fred Rivers, who represented the Buyer in this deal.
LONG STORY DEPT. (Do I know any other kind?): Mr. Pratt was referred to me by his neighbor Mary Bartlett. (Thanks again, Mary!). Mary knew me because I’ve represented both of her daughters (Vickie Seefried and Terri Arbuckle) and their families in several real estate transactions each. Funny how one friendship leads to another! As I always say, the greatest compliment I can receive is your referral of friends and family. Your trust means a LOT! I take it very seriously.
CONGRATULATIONS, CONT’D: Repeat clients (Serial clients?) Larry and Tammy Jenks have a thriving painting business (Larry Jenks Painting) that has been bursting at the seams in their 2000-square-foot shop building! The happy news is that they’re now moving into a facility that’s more than TWICE that size. A Thank You to Lodi Realtor Pat Loehrer Jr. for his able representation of the Seller in this transaction. Great job, Pat! While I’m in congratulatory mode I’ll also thank my strong right-hand Realtor Greg Adams for carrying the ball through this commercial/industrial purchase.
SO ANYWAY, the longtime Jenks Painting location at 7 West Chestnut (in the alley behind Daniger Furniture) is for sale at $229,950! Large updated office area, large shop areas and a TON of storage. A lot of shop for the price!
JUST LISTED! 9827 Country Meadow Drive in Stockton’s desirable Stonewood subdivision offers a lot of bang for your buck at $389,950! 1760 square feet with separate Living Room and Family Room, large laundry Room, tile roof, covered patio, nice landscaping, and more! This Grandma’s House has been well-cared-for. No kids or pets living here! Ready for your enjoyment.
WHICH REMINDS ME of another North Stockton value: 951 Shadow Creek Drive in the Bear Creek subdivision! Here’s 1874 square feet of charmingly upgraded home for $439,950! Remodeled Master Suite with custom built-in Entertainment Center, built-in window seats, and tasteful designer window coverings! The remodeled Master Bath has tile-lined shower over a Jacuzzi tub! Bonus Room/den could be fourth bedroom! Slider from oversized second bedroom to one of the TWO covered patios! More upgrades than I can list here! You have to see this home to fully appreciate it. A great value. Call for a private showing!
MORE GREAT LISTINGS next week! Watch this space for details on well-priced homes. Have a fine week! See you next Sat.
By Larry Underhill
Oener/Broker
FRIEND AND BROKER ASSOCIATE Don Brandt showed me the results of some online research he just completed. According to the records he reviewed, of all listed Lodi homes, a full 41 percent have adjusted their list price at least once. That compares with a 32 percent figure on September 19. It’s a sure bet those ‘adjustments" are overwhelmingly downward.
The times they are a-changin’! So what’s new? Change is the one thing you can count on in life. The good news is that interest rates remain low and Buyer demand remains strong, albeit cautious.
CONGRATULATIONS to Richard Pratt on the sale of his Lodi property! Statesman’s own John Manguso performed the lion’s share of the work in representing him on this transaction. Great job, John! Thanks also to Modesto Realtor Fred Rivers, who represented the Buyer in this deal.
LONG STORY DEPT. (Do I know any other kind?): Mr. Pratt was referred to me by his neighbor Mary Bartlett. (Thanks again, Mary!). Mary knew me because I’ve represented both of her daughters (Vickie Seefried and Terri Arbuckle) and their families in several real estate transactions each. Funny how one friendship leads to another! As I always say, the greatest compliment I can receive is your referral of friends and family. Your trust means a LOT! I take it very seriously.
CONGRATULATIONS, CONT’D: Repeat clients (Serial clients?) Larry and Tammy Jenks have a thriving painting business (Larry Jenks Painting) that has been bursting at the seams in their 2000-square-foot shop building! The happy news is that they’re now moving into a facility that’s more than TWICE that size. A Thank You to Lodi Realtor Pat Loehrer Jr. for his able representation of the Seller in this transaction. Great job, Pat! While I’m in congratulatory mode I’ll also thank my strong right-hand Realtor Greg Adams for carrying the ball through this commercial/industrial purchase.
SO ANYWAY, the longtime Jenks Painting location at 7 West Chestnut (in the alley behind Daniger Furniture) is for sale at $229,950! Large updated office area, large shop areas and a TON of storage. A lot of shop for the price!
JUST LISTED! 9827 Country Meadow Drive in Stockton’s desirable Stonewood subdivision offers a lot of bang for your buck at $389,950! 1760 square feet with separate Living Room and Family Room, large laundry Room, tile roof, covered patio, nice landscaping, and more! This Grandma’s House has been well-cared-for. No kids or pets living here! Ready for your enjoyment.
WHICH REMINDS ME of another North Stockton value: 951 Shadow Creek Drive in the Bear Creek subdivision! Here’s 1874 square feet of charmingly upgraded home for $439,950! Remodeled Master Suite with custom built-in Entertainment Center, built-in window seats, and tasteful designer window coverings! The remodeled Master Bath has tile-lined shower over a Jacuzzi tub! Bonus Room/den could be fourth bedroom! Slider from oversized second bedroom to one of the TWO covered patios! More upgrades than I can list here! You have to see this home to fully appreciate it. A great value. Call for a private showing!
MORE GREAT LISTINGS next week! Watch this space for details on well-priced homes. Have a fine week! See you next Sat.
Statesman Realty
(209) 333 23801
(209) 333 23801
800-407-SOLD (7653)
Website: www.larrysellslodi.com
Website: www.larrysellslodi.com
posted by Larry Underhill at 10:58
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