Modesto Real Estate Website - Added Functionality, Chateau Provence Modesto, Del Rio Golf Course Homes Modesto

Modesto Real Estate website http://www.modesto-real-estate-now.com now has the following functionality:

• Added Chateau Provence Modesto gated community information.
• Added Del Rio Golf Course homes information.
• Find homes for sale within certain target price ranges similar to the two neighborhoods above. The results are listed in a Spry Collapsible panel, implemented using Adobe Dreamweaver. The search result include custom homes and luxury homes in Modesto.
  
• Find homes for sale in Modesto CA and homes for sale in Turlock CA. The search results include homes in all price ranges and the results are presented in Spry accordion list (just for the fun of it).
  
• Link to Modesto neighborhood area map showing the two featured neighborhoods, Chateau Provence in Modesto and Del Rio Golf and Country Club Modesto using Google Maps.
• Downloadable home valuation / CMA comparable market analysis report (sample) in pdf file format.
• Downloadable MLS listing sample in pdf format.
  
• Local real estate trends line chart showing Modesto CA Real Estate and Turlock CA real estate homes sales listing price and listing inventory. The line chart is generated by Trulia web tools.

More Modesto neighborhood information is pending. Modesto real estate now website link.


Quick preview of Del Rio Country Club and Chateau Provence Gated Community Modesto locations on Google Maps

Modesto Real Estate - Bank Owned REO Home $86/sq. foot , Bank Owned and Short Sale Real Estate Statistics

I've set up auto-prospecting in MetroList MLS and I am getting daily email notifications on REO homes in my north Modesto neighborhood. The following two MLS listings are amongst the lowest, very affordable REO Modesto CA home price (per square footage) I've seen in this area (MLS map Area 20101 - Modesto North of Briggsmore, West of McHenry):

Kensington Park Modesto home in California 95356:
$87.22 per square foot Listing Detail #80059512 - Residential

Rose Hollow Modesto home in California 95356:
$86.73 per square foot Listing Detail #80059583 - Residential


As of 6/14/08, active short sale and active short sale contingent Modesto CA real estate statistics:

Total: 691 Modesto short sale homes (single family)

Average size: 1549 sq. ft. Average price $199K - $129 per square foot
Average Days on Market 93

Median size: 1395 sq. ft. Median price $180K - $129 per square foot
Median Days on Market 79

REO Bank Owned Modesto CA Real Estate statistics:

Total: 559 Modesto REO homes (single family)

Average size: 1445 sq. ft. Average price $160K - $111 per square foot
Average Days on Market 58

Median size: 1297 sq. ft. Median price $140K - $111 per square foot
Median Days on Market 40


Irene Chan, MS, REALTOR®
website: http://www.modesto-real-estate-now.com
http://www.modesto-realtor.com


Disclaimer: this information is obtained from MetroList MLS, verified but not guaranteed. Please rely on your own research if there is any discrepancy. This information is not to be viewed as investment advice or advice of any sort.

Real Estate Modesto - fleur de Ville Gated Community Amenities

Photos taken in the Fleur de Ville gated community in Modesto California. The neighborhood has a nice playground, lots of trees, private tennis courts, basket ball court, etc.

These pictures were taken in the process of conducting a fourth grade science project (for my fourth grader) which involved playing baseball...

It was a nice day in Fall 2007. With a nice neighborhood park, we can run freely on the playground, play baseball, tennis ball, basket ball, bicycling, roller blading, or ride the scooter.





For more information, follow this link http://www.modesto-realtor.com
My ongoing project: http://www.modesto-real-estate-now.com
More photos will be added to the above website. This is a trial version of real estate Modesto neighborhood photos.

Habitat for Humanity Project - Modesto Real Estate

Habitat for Humanity, a nonprofit agency, is starting a new project to provide affordable real estate in Modesto, CA. Families will help build their own homes in Modesto's new Hope Village.

About the Modesto homes:

• three to four bedrooms
• each of these home in the new Modesto subdivision will have solar panels and energy-efficient features
• private yards in these homes
• some have features to accommodate people with physical disabilities
• for low-income families who will work 500 hours on the project
• these Modesto home prices are about $150,000 but families pay about 67% to 83% of the price
• residents sought are the ones who live and work in Stanislaus County, legal U.S. residents who had never been convicted of felony crimes, have decent credit history, work records, etc.

The Habitat for Humanity project is also seeking volunteers 16 years and older to help.

Important phone numbers:
Volunteers: 575-4585 ext. 107
Volunteers (other construction projects) 575-4585 ext. 109
Homeowners interested in the Habitat affordable Modesto homes 575-4585 ext. 111
To donate money: 575-4585 ext. 115 or 105

To set the location of this Modesto real estate project, follow this link.

View Larger Map

To find out more about these Modesto homes that is part of the Habitat for Humanity project, please follow this reference: Modesto Bee article by J.N. Sbranti

Posted by: Modesto Real Estate Agent Irene Chan, MS, REALTOR

NAR Article on Commercial Real Estate Condition

Summary of National Association of Realtors® article on commercial real estate: "Conditions Mixed in Commercial Real Estate but Fundamentals Good", May 15, 2008, by Walter Molony:

• NAR Chief Economist Lawrence Yun said performance in the commercial section is greatly mixed across the county. It is important to understand local market variations.
  
• To expect broadly slower net absorption for office and industrial space.
• Project softer rent growth in commercial real estate.
  
• Areas with strong job growth are doing fairly well.
• The article also listed the states with the strongest job growth and states with greatest job losses.
• Even with a lot of concerns about the economy, corporate profits are high.
• Analysis of quarterly data for major commercial sectors including office, industrial, retail market, and multifamily markets. Statistics include: net absorption of spaces, vacancy rates, annual rent growth percentage for the four market sectors.

As a real estate agent in Modesto, CA, I subscribe to the NAR news and automatically receive weekly email notifications on the subjects that interest me. This is a good way of keeping up to date on real estate market conditions and news.

Second Home in Silicon Valley - Summer Escape, Kids' Activities

To keep kids busy during Summer vacation, I started looking into summer programs each year in March and by the end of May, the schedule is pretty much finalized. Having a second home close to our Modesto Home, Central Valley of California, in Silicon Valley has provided a whole lot more options for the kids to learn, explore, and have fun during Summer...

This year, the same as the past two years, I have signed up the kids at the Extended Year Summer Enrichment Programs offered by DeAnza College in Cupertino, California. Each elementary, middle, or high school participant ranging from grades 1 to 10 choose four courses and the program lasts for 4 weeks, 4 hours each day. I tried to choose activities that cover different areas:

For art & cultural enrichment: Drawing and painting, Japanese language, Beginning Spanish

For academic improvement: Essay writing

For communications: Public speaking

For fun, "intellectual" enrichment: Science Exploration, computer application and internet research

Physical activities: Tennis at Cupertino Sports Center.

Other courses from the same summer enrichment program include:

• Middle/High shool level: Lego robotics (usually fills up very fast), debate, drumming techniques, creating comic books, basketball, PSAT preparation, pre-algebra, algebra.
• Elementary school level: Cartooning and comic art, poetry hot pot, sculpture and clay, earth science /geology, math and art, reader's workshop.

The program starts June 23 and ends on July 18, 2008. After the four week program, we like to have family travel time and visit different places, either in the U.S. or other countries.

Modesto real estate agent's summer escape - looking forward to it...

California Real Estate Broker License Required Courses

As a Modesto real estate agent, getting a California Real Estate Broker license is on my to-do list. There are five required courses and three electives in order to apply to take the broker exam in California. These are the courses I've taken so far and the dates I passed the course exams:

• Real Estate Principles 12/12/2006
  
• Real Estate Practice 9/27/2007
  
• Legal Aspects of Real Estate 10/24/2007
• Real Estate Economics 12/03/2007
• Residential Real Estate Appraisal 1/15/2008
• Property Management 2/19/2008
• Real Estate Office Administration 4/29/2008
• Real Estate Finance - targeting end of May 2008

Except for the first three classes where there are live classes (a person teaching the course in a classroom setting), all others are self study courses. I wasn't able to locate a real estate broker class that is not self-study (at least not in Central Valley or Silicon Valley, California).

There will be a five hour broker exam and 75% passing score to qualify for a license (in addition to either a college transcript from an accredited college or two year real estate salesperson experience). The broker exam preparation will keep me busy in June, just when my elementary school age kids are out of school. To keep them busy as well, there are a few strategies that I use...