San Joaquin County home prices being driven up by cash buyers

Bidding competitions normally fueled by hard cash prospective buyers are driving up the costs of San Joaquin County households, earning it more and more tough for less nicely-off potential prospective buyers to uncover housing, according to nearby actual estate agents.

“Observing a $15,000 to $20,000 over-bid is fairly common,” explained Nick Bokides, proprietor of Bokides & Hesseltine Real Estate Business in Lodi.

“A great deal of these promotions are (in) funds,” he continued. “So they’re building it truly tricky for people today who will need funding or have (Veterans Affairs) loans.”


In 2021, sale rates for houses in the Stockton metropolitan location have been 20th-maximum in the U.S. relative to their mentioned rates, an analysis by — a web site that connects buyers with home advancement companies — identified. About 68% of Stockton households marketed for much more than their listed charges.

Next Post

How To Get Red Wine Out Of Wool Carpet? (5 Best Methods)

Updated on April 24, 2022 by Brett One of the worst stains on light is red wine. It is especially bad on delicate silk or wool carpets. However, there are ways to get red wine out of wool carpet that are not difficult or expensive.  It is better to get […]