"Make sure you buy within your means, [but] if the right property comes along and it’s the one that you really want and it’s the neighborhood that you need within your price point, then you go for it!"

Daniel Del Real, a broker associate at PMZ Real Estate, said the fed rate increase and associated mortgage rate hikes will further soften demand in the region — but not necessarily by choice

The rush of springtime is here, same as last year. Buyers are still buying, but the increasing interest rates are slowing the local market down

Home prices are up over 5% across Stanislaus County when compared to the beginning of the year.

The Del Real Group Team Leader Daniel Del Real joins Yahoo Finance Live to discuss the outlook on the California housing market, gifts and incentives that buyers are offering sellers, and personalizing the homebuying process

Looking to Buy a House? Read as Daniel was interviewed by The Wall Street Journal and they talked about some of the wildest buyer tactics to win bidding wars

Daniel Del Real, a broker associate with PMZ Real Estate, noted that the interest rates for buyers have been increasing more aggressively than expected, following two years with very low rates due to the pandemic

There has been less than a month’s worth of inventory available since 2020 and don't expect that to change any time soon.

Housing Bubble in the VALLEY?! Find out

Ok, totally Improv HYPER LOCAL housing market covering Stanislaus and San Joaquin County. THE BUBBLE TALK or REAL TALK. I get the same question and hear many people say the same thing.... "this feels like 2005 housing market" Well let's pull back the curtain and instead of talking about what it feels like let's DIVE into how it actually looked like.

?Fast forward on the timeline below for specific topics

1:45 - Are we in a housing bubble? We all know what it felt like but let's take a look at what it “actually looked like”

3:34 - Todays “HyperLocal” inventory in Stanislaus and San Joaquin (Today 477 homes on market)

8:04 - We look back at inventory in 2005-2008 ( in 2005 we had 4,511 and was considered very healthy as it was 3 months of inventory) A healthy market is 5-6 months of inventory. 2005 we had 10x the inventory we have today

10:56 - We look at 2006-2007 when inventory was 10,652 homes on the market. 2x more than 2005 but 20x more than we have today

12:21 - We talk about the printing of money and the cost of housing

13:22 - We talk about new home supply vs demand. Talking about the housing shortage and how many houses we have been shorting the market over the last 13 years.

15:17 - What are the reasons why our Real Estate market is so active through the COVID Effect

    ? Rates

    ? Remote work environment eliminating the commute. People moving to more affordable location and still be within drive of work campus

    ? The Amazon effect to online shopping

    ? Millennials purchasing homes

20:05 - Rental rates increased 70% in the last 13 years in 3bed 2 bath homes and nearly 100% on 2 bedroom apartments. Cost of living crisis and importance to lock in your lifestyle

Modesto Bee recently did an interview with our very own Daniel Del Real regarding how the median home prices in Stanislaus county increased last year and how it affects the real estate market now.

According to TrendVision data, there were 543 homes for sale in Stanislaus County in December 2019. The number decreased to 266 after a year as part of the effects of the pandemic. Median home prices in Stanislaus increased over 10% last year. Price in Modesto increased by 14.1%. The Federal Reserve lowered the interest rates that increased everybody’s purchasing power by 15%.

CALIFORNIA HOME SALE ACTIVITY BY CITY

According to data from Core Logic, home prices in Stanislaus County increased 14.1% from December 2019 to December 2020, based on 634 sales. Here's a look at the data including selected cities from nearby counties.

Read Daniel Del Real's recent interview with the Bee and find out recent market is today

Modesto Bee recently did an interview with our very own Daniel Del Real regarding how the median home prices in Stanislaus county increased last year and how it affects the real estate market now.

A Dozen Mid-Sized Markets to Watch in 2020 - Zillow Research

As summer turns to fall in a year that has been anything but normal, the nation’s most in-demand housing markets are not the usual suspects.

Modesto’s housing market is ‘one to watch.’ Here’s what that means for buyers and sellers

According to a new Zillow ranking, Modesto is eighth among a dozen mid-size markets worth watching this year.