INFO THAT HITS US WHERE WE LIVE  You can't sugar-coat last week's housing reports, but they don't necessarily foretell a "double-dip" recession in real estate. July Existing Homes Sales were off 27.2%, at an annual rate of 3.83 million, well below the expected 4.65 million rate. The months' supply went from 8.9 to 12.5 and there was also a rise in inventories. The truth is, the expectation was a bit high. An annual rate below 4 million for July makes sense, given that the home buyer tax credit was slated to end in June.Getting an $8,000 check from the government certainly encouraged lots of people to move up their purchases. For the same reason, experts also predict weak August numbers, but after that, some feel existing home sales will start heading back to about 5.5 million units annually. For the year, inventories are down 2.0%, while the median price is UP 0.7%.

July New Home Sales were down 12.4% to a 276,000 annual rate, below the expected 330,000 pace. The months' supply went to 9.1, but inventories were unchanged at 210,000, their lowest level in decades. Part of the sales drop was because the now expired tax credit required a signed contract by April 30. New homes sales are counted at contract and the April number hit 414,000. In the three months since then, sales are averaging only 291,000 annually. New home buyers may also be going for recently built homes, now at attractive prices. New homes, typically about 15% of sales, are now around 7%!

 The Mortgage Bankers Association's weekly survey showed purchase loan applications UP 1% from the week before, refinance applications UP 6%, and mortgage rates at record low levels. 

>> Review of Last Week

THANK YOU, BEN... Ben, of course, is Chairman Bernanke, head of the Federal Reserve. Friday he said the Fed has no triggers set for further easing of monetary policy and he sees continued economic growth. These comments at a central bank summit in Jackson Hole, Wyoming, were all the Wall Street bulls needed to hear to push stocks up Friday after a week of declines. The big rally wasn't quite big enough, though, as the three major indexes still ended down for the week just a tad.

There were other decent economic signs. The August Richmond Fed index of manufacturing in the mid-Atlantic region was +11, down from July's +16, but higher than expected and showing that the factory sector still continues its strong growth. Durable Goods orders were UP 0.3% for July, but disappointed because 3.0% was forecast. Nonetheless, Durable Goods are UP 9.3% over a year ago. Initial unemployment claims dropped by 31,000 to 473,000 for the week, a nice sign after last week's surge. Continuing claims also fell, by 62,000 to 4.46 million.

Friday featured two big news items. First, Q2 GDP was revised lower, from 2.4% to 1.6% growth, but this was measurably better than what many economists had expected and significant parts of the report showed improvement. Personal spending and business Investment were both revised UP, with domestic purchases UP 4.3%. Corporate profits continued their strong growth in Q2, UP at a 20% annual rate and UP 39% over a year ago. Then we had Chairman Bernanke reassuring investors he expects growth to pick up in 2011 and the Fed is ready to use "unconventional measures if it proves necessary." Again, thank you, Ben!

For the week, the Dow ended down 0.6%, to 10150.65; the S&P 500 was down 0.7%, to 1064.59; and the Nasdaq was down 1.2%, to 2153.63.

Bonds had a bit of a rocky week, ending with investors heading back into stocks on Friday, willing to take on more risk after listening to Bernanke. The FNMA 30-year 4.0% bond we watch still ended UP 5 basis points for the week, closing at $102.20. Freddie Mac's survey showed national average fixed rates for conforming mortgages at historically low levels for yet another week. 

>> This Week’s Forecast

INCOME, JOBS, INFLATION, JOBS, MANUFACTURING, JOBS, HOME SALES, JOBS...There will be important economic reports to ponder, but rest assured, everyone will have Friday's August Jobs Report on their minds the whole week. Experts project a smaller loss of payrolls than the prior month, with the jobless rate about the same. Leading up to the biggie, Monday features July Personal Income, forecast up, and July PCE readings, which should show inflation remaining pretty much in check. Tuesday's Consumer Confidence is projected up a little, but manufacturing is predicted down a tad, as measured by Tuesday's Chicago PMI and Wednesday's ISM Index. Tuesday afternoon we'll have the minutes from the Fed's August 10 meeting and see if they add any insight to Bernanke's comments last Friday.

>> The Week’s Economic Indicator Calendar

Weaker than expected economic data tends to send bond prices up and interest rates down, while positive data points to lower bond prices and rising loan rates.

Economic Calendar for the Week of August 30 – September 3

>> Federal Reserve Watch   

Forecasting Federal Reserve policy changes in coming months  With concerns about the economic recovery continuing, virtually all the experts believe the Fed will keep rates low for an "extended period," well into next year. Note: In the lower chart, a 1% probability of change is a 99% certainty the rate will stay the same.

Current Fed Funds Rate: 0%–0.25%

Probability of change from current policy:

1450 Divine Lane

$229,950

 For Additional Photo's CLICK HERE!

Bedrooms: 4
Baths: 2
Square Feet: 2,051
Lot Size: 0.15 Acre
Garage: 2 Car
Style: Single Story

Description: *NEW,NEW,NEW* This single story home has NEW Carpet, NEW Interior Paint, NEW Stove and seller supplies 2 year roof certification!  

Featuring a tile entry, living/dining combo, very clean kitchen with sparkling countertops, fireplace in family room, skylight in hallway & tons of natural light throughout.  

Covered patio in this secluded, peaceful rear yard. Located in a quiet court within walking distance to large community park & schools.

Contact us today for a showing!

If you or anyone you know wants to sell their California home,
Please Contact: The Silveria Team today!

For a free instant online home or investment property valuation,
Please Visit: FreeInstantHomeValue.com

Just Sold in Fresno, CA!

6329 N Gilroy Ave

$150,000

Bedrooms: 3
Baths: 2
Square Feet: 1,529
Lot Size: 0.15 Acre
Garage: 2 Car
Style: 1 Story

If you or anyone you know wants to sell their California home,
Please Contact: The Silveria Team today!

For a free instant online home or investment property valuation,
Please Visit: FreeInstantHomeValue.com

INFO THAT HITS US WHERE WE LIVE  Housing starts were UP 1.7% for July to a 546,000 annual pace, but this was below expectations and all the gain came from a big boost in multi-family starts. Single-family starts were off 4.2%, declining for the third straight month. Looking at the market further out, we saw new building permits down 3.1% for July to a 565,000 annual rate.

There is no denying that these reports reflect a softness in the home building market. But some experts see the data as part of a temporary housing market hangover following the expiration of the tax credits. You may remember how the government cash-for-clunkers program pushed a ton of auto sales into July and August last year. This resulted in a dip in sales immediately afterwards. But that was followed by a pretty nice recovery, with auto sales now up 20% from the first half of 2009. Stay tuned for housing.

 The Mortgage Bankers Association's weekly survey showed purchase loan applications down from the week before, but refinance applications soared, equaling their May 2009 level. Mortgage rates, of course, continue at historically low levels. 

>> Review of Last Week

NOT SO BAD... Really???!!! Listening to the pundits who were fixated on last week's negative economic news, you might think things were awful. But as usual, the situation actually wasn't so bad, with the markets closing Friday with mixed results. The Dow and the S&P 500 dropped for the week, but far less than the week before. And the third major index, the Nasdaq, was UP 0.3%, so there are plenty of investors not paying that much attention to fretful pundits.

Make no mistake, the week did have its disappointments. The housing starts and building permits covered above were not cheered on Wall Street. Then, initial weekly jobless claims came in at 500,000, a bit over estimates and higher than they've been for a while. On top of that, the Philadelphia Fed index of manufacturing was down for the month, instead of up as expected, indicating a souring of the outlook in that region.

But wait just a minute. Mortgage refinancings took off, helping consumers and lenders. The Empire State index showed manufacturing in the New York region UP to 7.1 in August from 5.1 in July and suggesting more rapid growth to come. July Industrial Production and Capacity Utilization moved up nicely. Corporations continued to deliver strong profits and we even had renewed M&A action, with Intel buying McAfee for a cool $7.7 billion in cash. None of these are bad economic signs. 

Yet for the week, the Dow ended down 0.9%, to 10213.62; the S&P 500 was down 0.7%, to 1071.69; but the Nasdaq was UP 0.3%, to 2179.76.

The bond market had a generally decent time of it, with the less encouraging economic data bringing in safe haven investors. Treasuries did well, while the FNMA 30-year 4.0% bond we watch ended down 13 basis points on Friday, closing at $102.15. Freddie Mac's weekly survey of conforming mortgage rates showed national average rates at historically low levels for yet another week. 

>> This Week’s Forecast

JULY HOME SALES, ANOTHER LOOK AT Q2 GDP...This is the week for July housing. Tuesday's Existing Home Sales are expected to be down from June, coming off the end of the home buyer tax credits. But Wednesday's July New Home Sales could be a tick above June. Friday we get the Q2 GDP Second Estimate. This should reflect the economic soft patch we're going through, as growth is expected to slow to the 1.5% territory.

>> The Week’s Economic Indicator Calendar

Weaker than expected economic data tends to send bond prices up and interest rates down, while positive data points to lower bond prices and rising loan rates.

Economic Calendar for the Week of August 23 – August 27

>> Federal Reserve Watch   

Forecasting Federal Reserve policy changes in coming months  Economists haven't changed their belief that the Fed meant what it said in its pledge to keep rates "exceptionally low" for an "extended period." That period is now seen to extend well into next year. Note: In the lower chart, a 1% probability of change is a 99% certainty the rate will stay the same.

Current Fed Funds Rate: 0%–0.25%

Probability of change from current policy:

Price Reduced!

4914 Tiamo Street Stockton, Ca

$219,950

For Additional Photo's CLICK HERE!

Bedrooms: 5
Baths: 3
Square Feet: 2,950
Lot Size: 0.11 Acre
Garage: 2 Car
Style: Two Story

Description: Make your dreams a reality with this stunning 5 bedroom home! Two bedrooms & full bathroom on the lower level, large game room on the 2nd level, oversized master suite with a large master bath featuring his & hers sinks, and indoor laundry with utility sink & cabinets. This property features a formal dining room with brand new laminate flooring, kitchen/family combo with gorgeous tile countertops & tile backsplash, recessed lighting, and dining bar. Each room offers something special all professionally cleaned with new two tone interior paint. New front landscape and paved cement patio in rear.

If you or anyone you know wants to sell their California home,
Please Contact: The Silveria Team today!

For a free instant online home or investment property valuation,
Please Visit: FreeInstantHomeValue.com

2127 Plumeria Lane

$219,950

 For Additional Photo's CLICK HERE!

Bedrooms: 3
Baths: 2
Square Feet: 1,820
Lot Size: 0.16 Acre
Garage: 2 Car
Style: Single Story

Description: CLEAN, CLEAN, CLEAN** Single story home with NEW landscape, NEW paint, NEW Appliances, Professionally cleaned carpets & interior! This home is move in ready!!  Family room offers all white built in cabinetry and fireplace. Kitchen offers granite counters, space to dine, recessed lighting and tons of cabinet space. The master bedroom has a slider door leading to a large rear patio. Large lot & RV Access and parking.

If you or anyone you know wants to sell their California home,
Please Contact: The Silveria Team today!

For a free instant online home or investment property valuation,
Please Visit: FreeInstantHomeValue.com

INFO THAT HITS US WHERE WE LIVE  Last Wednesday the National Association of Realtors reported the median price of existing single-family homes UP for Q2 in two thirds of U.S. metropolitan areas, or100 markets. This compares with only 26 markets with price gains in the same quarter a year ago. Experts say these figures show the federal tax credits helped stabilize home prices in the first half of the year. Nationally, the median price for single-family homes increased to $176,900 in Q2, UP 1.5% from a year ago.

The NAR also reported sales of existing single-family homes and condos for Q2 were UP 9.1% over Q1, hitting an annual rate of 5.61 million. That number is UP 17.3% from Q2 a year ago. With the tax credit gone, the NAR is forecasting a Q3 sales drop to a 4.55 million annual rate. But they do see sales coming back in the last three months of the year, to a 5.27 million unit annual rate. The NAR's chief economist added: "Prices in some areas remain below replacement construction costs, so even with an elevated supply of existing homes...we don't expect any consequential movement in home prices for the foreseeable future." 

Freddie Mac's weekly survey showed mortgage rates staying at record low levels for conforming loans. But demand for purchase loans has dropped after the tax credit expiration, according to the Mortgage Bankers Association. 

>> Review of Last Week

DIPPY... It was a week of "double-dip recession" fears, but when all was said and done, the economic recovery continued, albeit at a slower pace. The only dipping that occurred happened on Wall Street, as investors' worries sent the Dow Industrials down 265 points on Wednesday. By the time the markets closed Friday, all three major indexes had truly dipped -- from 3% to 5% for the week.

That Wednesday dip in the Dow was the delayed reaction to the results of the Fed meeting on Tuesday. The central bank kept the rate down at 0%–0.25%, but their policy statement raised investors' "double-dip" worries. The Fed said the economy isn't as strong as they thought it would be two months ago and they would begin buying Treasury bonds "to support the economic recovery." But in spite of Wall Street's jitters, the real economic data wasn't so bad.

Preliminary Q2 Productivity slipped a tad, but it's UP 3.9% over last year. The trade deficit in June grew more than expected, but exports dropped only slightly and are UP 17.7% for the year, a healthy sign for American companies. July Retail Sales were up less than expected, but when May and June upward revisions were included, the numbers beat expectations, UP 0.7% overall and UP 0.2% excluding autos. And those talking up a global double-dip recession were quieted when Germany's Q2 GDP showed a 2.2% expansion from the previous quarter, that country's fastest growth in two decades. 

For the week, the Dow ended down 3.3%, to 10303.15; the S&P 500 was down 3.8%, to 1079.25; and the Nasdaq was off 5.0%, to 2173.48.

With investors seeking safety, the bond market benefited, with a big focus on Treasuries after the Fed's comments on Tuesday. The FNMA 30-year 4.0% bond we watch ended essentially flat for the week, down a scant 6 basis points, closing at $102.69. As noted above, national average mortgage rates remained in historically low territory for the eighth week in a row. 

>> This Week’s Forecast

HOME BUILDING, MANUFACTURING, LEADING INDICATORS...This week we see how home builders feel, with Tuesday's Housing Starts and Building Permits. Starts are forecast to be up, though permits are expected to slide a little from last month. There are some important reads on manufacturing beginning with Monday's Empire State Index, Tuesday's Industrial Production and Capacity Utilization numbers, and Thursday's Philadelphia Fed Manufacturing Index. All are expected to be up, along with the Leading Economic Indicators (LEI) Index, out the same day. No double dipping here.

Key Q2 corporate earnings reports will come from Deere, Dell, Home Depot, Lowe's, Target, and Wal-Mart.

>> The Week’s Economic Indicator Calendar

Weaker than expected economic data tends to send bond prices up and interest rates down, while positive data points to lower bond prices and rising loan rates.

Economic Calendar for the Week of August 16 – August 20

>> Federal Reserve Watch   

Forecasting Federal Reserve policy changes in coming months  At last week's meeting, the Fed made no changes to its pledge to keep rates "exceptionally low" for an "extended period." Many economists now think the Fed Funds Rate will stay at its current super-low level well into next year. Note: In the lower chart, a 1% probability of change is a 99% certainty the rate will stay the same.

Current Fed Funds Rate: 0%–0.25%

Probability of change from current policy:

Just Sold in Stockton, CA!

3516 Grandi Circle

$205,000

Bedrooms: 4
Baths: 2
Square Feet: 1,880
Lot Size: 0.23 Acre
Garage: 2 Car

If you or anyone you know wants to sell their California home,
Please Contact: The Silveria Team today!

For a free instant online home or investment property valuation,
Please Visit: FreeInstantHomeValue.com.

For More Information and Pictures CLICK HERE

Description: *NEW*NEW*NEW- This single story home offers NEW interior paint, NEW appliances, NEW front & rear landscape, professionally cleaned carpets & interior!

If you or anyone you know is in the market
to buy a home in Northern California,
Please Contact: The Silveria Team!

For a free instant online home or investment property valuation,
Please Visit: FreeInstantHomeValue.com

65 Elizabeth Court

$209,950

 For Additional Photo's CLICK HERE!

Bedrooms: 3
Baths: 2.5
Square Feet: 1,622
Lot Size: 0.11 Acre
Garage: 2 Car
Style: Two Story

*CLEAN*CLEAN*CLEAN- NEW Carpet on 2nd Level, NEW Front Landscape, NEW Interior Paint, NEW Exterior Paint and Professionally Cleaned Interior!  This is a must see!! Located in a quiet court within walking distance to many local amenities this property features tile floors on the lower level, lots of windows inviting natural light, ceiling fans in the bedrooms, and a large backyard with NO rear neighbors.

If you or anyone you know wants to sell their California home,
Please Contact: The Silveria Team today!

For a free instant online home or investment property valuation,
Please Visit: FreeInstantHomeValue.com

65 Elizabeth Court

Saturday, August 14th 1:00pm - 4:00pm

For More Information and Pictures CLICK HERE

Bedrooms: 3
Baths: 2.5
Square Feet: 1,622
Lot Size: 0.11 Acre
Garage: 2 Car
Style: Two Story

Description: *CLEAN*CLEAN*CLEAN- NEW Carpet on 2nd Level, NEW Front Landscape, NEW Interior Paint, NEW Exterior Paint and Professionally Cleaned Interior!  This is a must see!! Located in a quiet court within walking distance to many local amenities this property features tile floors on the lower level, lots of windows inviting natural light, ceiling fans in the bedrooms, and a large backyard with NO rear neighbors.

If you or anyone you know is in the market
to buy a home in Northern California,
Please Contact: The Silveria Team!

For a free instant online home or investment property valuation,
Please Visit: FreeInstantHomeValue.com

1470 Garold Lane

$224,950

For Additional Photo's CLICK HERE!

Bedrooms: 4
Baths: 3
Square Feet: 1,880
Lot Size: 0.19 Acre
Garage: 2 Car
Style: Single Story

*NEW*NEW*NEW- This single story home offers NEW interior paint, NEW appliances, NEW front & rear landscape, professionally cleaned carpets & interior!

Featuring all white cabinetry througout, plantation shutters, tile floors, granite counters in kitchen, stainless steel appliances, and oversized rear yard.

If you or anyone you know wants to sell their California home,
Please Contact: The Silveria Team today!

For a free instant online home or investment property valuation,
Please Visit: FreeInstantHomeValue.com

1455 Christina Drive 

$190,000

Bedrooms: 3
Baths: 2.5
Square Feet: 1,548
Lot Size: 0.10 Acre
Garage: 2 Car
Style: 2 Story

If you or anyone you know wants to sell their California home,
Please Contact: The Silveria Team today!

For a free instant online home or investment property valuation,
Please Visit: FreeInstantHomeValue.com.

16802 Shady Mill Way

$235,000

Bedrooms: 4
Baths: 3
Square Feet: 2,665
Lot Size: 0.11 Acre
Garage: 2 Car
Style: 2 Story

If you or anyone you know wants to sell their California home,
Please Contact: The Silveria Team today!

For a free instant online home or investment property valuation,
Please Visit: FreeInstantHomeValue.com.

161 N Lafayette Street

Saturday, August 7th 1:00pm - 5:00pm

For More Information and Pictures CLICK HERE

Bedrooms: 4
Baths: 2.5
Square Feet: 2,220
Lot Size: 0.07 Acre
Garage: 2 Car
Style: 2 Story

Description: All Buyers Welcome- This is Not a Short Sale, Not a Foreclosure & Not a Flip...this is a Traditional Sale.

This home is like new with amenities galore! Open kitchen with large tile flooring, granite counters, stainless steel appliances, recessed lighting, bar style seating, space to dine and pantry closet. Kitchen/Family combo with fireplace and built-in entertainment inset. Laundry room is on the 2nd level for your convenience with white cabinets & utility sink.

Ceiling fans throughout the entire home & windows around every corner inviting natural light. This home has well maintained landscape in both front & rear yards. Stamped concrete patio in the back yard perfect for the family bbq.

If you or anyone you know is in the market
to buy a home in Northern California,
Please Contact: The Silveria Team!

For a free instant online home or investment property valuation,
Please Visit: FreeInstantHomeValue.com

3904 Des Moines Drive

$194,950

For Additional Photo's CLICK HERE!

Bedrooms: 3
Baths: 2
Square Feet: 1,880
Lot Size: 0.14 Acre
Garage: 2 Car
Style: Single Story

This is Not a Short Sale, Not a Foreclosure, Not a Flip...this is a Traditional Sale, ALL buyers are welcome!

Located in the highly desirable area of Spanos Park East in Stockton, Ca this single story home offers comfort & functionality. You enter with tile floors to see an open living/dining combo with professionally cleaned carpets & plantation shutters. The kitchen/family combo features tile countertops, bar style dining, breakfast nook overlooking rear yard, and brick fireplace in family room.

The bedrooms all feature plantation shutters and ceiling fans, ideal for the warm summers in the Valley. Large master suite with retreat, window in master bath with sunken tub and shower stall.

This property won't last long, contact us today to arrange a showing.

If you or anyone you know is in the market
to buy a home in Northern California,
please contact The Silveria Team!

For a free instant online home or investment property valuation,
please visit: FreeInstantHomeValue.com

INFO THAT HITS US WHERE WE LIVE  Last week began nicely with June New Home Sales UP 23.6% to an annual rate of 330,000, well ahead of expectations. This was a sharp rebound from May when New Home Sales sank to record lows not seen since 1963. This volatility of course is all about the homebuyer tax credit (requiring a contract by April 30 and a closing by June 30, now extended to September 30). Consequently, new homes sold at a 422,000 pace in April, fell to a 267,000 pace in May, then went to 330,000 in June.

Demographic trends say sales should continue to rebound, as we eventually need to sell new homes at a 950,000 annual rate to meet population growth and replace teardowns. The supply of unsold new homes is now down to 7.6 months, just above the ideal 6-month level. Actual inventories are down to 210,000, their lowest level since 1968, when there were 35% fewer people around.

We also saw that home prices rose 4.6% in May, year-over-year, as tracked by the Standard & Poor's/Case-Shiller National Home Price Indices. The 20-city index was UP 1.3% over the prior month, with 19 of the 20 metros showing gains during that period.

>> Review of Last Week

A HOT MONTH, JULY... The trading month on Wall Street ended Friday with the markets really heated up for July. The Dow Jones Industrial Average was UP 7.1% for the month, while the broadly based S&P 500 finished UP 6.9%. This was the first positive month for U.S. stocks since April. May and June had investors worrying over China's attempts to slow its growth and a European debt crisis which still hasn't had much impact in the U.S.

The week had a few negatives to please the bears. For example, the Conference Board's Consumer Confidence Index went to 50.4 in July, its second monthly decline. Yes, consumers are concerned about jobs and the pace of recovery, but the fact is, the economy is growing and businesses are making profits, which they will ultimately invest in more jobs. Gloomy types also jumped on the 1.0% drop in Durable Goods for June, yet "core" capital goods (take out defense and volatile aircraft shipments) were UP 0.2% -- their ninth gain in the past ten months!

But the biggest encouragement came from strong second-quarter corporate earnings. With about two-thirds of the S&P500 companies reporting, Thomson Reuters says Q2 operating earnings are on their way to a 36% gain, with revenues UP 9% compared to a year ago. Friday, advanced Q2 GDP came in with real GDP expanding 2.4% annually, UP 3.2% in the last year. So much for the "double-dip" recession. The week ended with the Chicago PMI registering another monthly increase for Midwest manufacturing and University of Michigan Consumer Sentiment also UP from the month before.

For the week, the Dow ended UP 0.4%, to 10465.94; the S&P 500 was down 0.1%, to 1101.60; and the Nasdaq was off 0.7%, to 2254.70.

Even though July was a good month for stocks, the final week was fairly flat. This sent investors to bonds, bolstering prices. The FNMA 30-year 4.0% bond we follow gained 66 basis points for the week, ending at $102.41.  Not surprisingly, Freddie Mac's weekly survey of conforming loans showed national average rates for conforming mortgages down for the sixth week in a row, some hitting record lows.

>> This Week’s Forecast

THE FED'S FAVORITES...The two things the Fed watches most are inflation and jobs. As long as jobs lag in the recovery, the Fed wants to keep rates down to encourage the economy. But with all the cheap money around, if inflation picks up, the Fed will start hiking rates. Tuesday's PCE readings are expected to show inflation is still not a problem. Friday, we get July's Employment Report, with payrolls forecast to be down, but by a smaller number than in June, and the Unemployment Rate remaining around 9.5%.

Tuesday's June Pending Home Sales are expected to be off slightly from their May drop following the expiration of the homebuyer tax credit. Q2 corporate earnings reports continue, including Dow components Procter & Gamble, Pfizer, and Kraft.

>> The Week’s Economic Indicator Calendar

Weaker than expected economic data tends to send bond prices up and interest rates down, while positive data points to lower bond prices and rising loan rates.

Economic Calendar for the Week of August 2 – August 6

>> Federal Reserve Watch   

Forecasting Federal Reserve policy changes in coming months  The big surprise for economists would be if the Fed touched rates at all from now to November. The central bank first wants to see the economy growing at a far faster rate, with payrolls back on the rise. Note: In the lower chart, a 1% probability of change is a 99% certainty the rate will stay the same.

Current Fed Funds Rate: 0%–0.25%

Probability of change from current policy:

Just Sold in Stockton, CA!

4448 Giselle Lane
$151,000

Bedrooms: 3
Baths: 2
Sq Ft: 1655
Lot Size: 0.17 acre
Garage: 2 Car
Style: Single-Story

If you or anyone you know wants to sell their California home,
please contact The Silveria Team today!

For a free instant online home or investment property valuation,
please visit: FreeInstantHomeValue.com.

Just Sold in Stockton, CA!

2440 Autumn Oak Place
$233,000

Bedrooms: 3,+ Office
Baths: 2.5
Sq Ft: 2190
Lot Size: 0.18 acre
Style: Single-Story
Garage: 2 car

If you or anyone you know wants to sell their California home,
please contact The Silveria Team today!

For a free instant online home or investment property valuation,
please visit: FreeInstantHomeValue.com.

161 N Lafayette Street

$292,450

For Additional Photo's CLICK HERE!

Bedrooms: 4
Baths: 2.5
Square Feet: 2,220
Lot Size: 0.07 Acre
Garage: 2 Car
Style: 2 Story

All Buyers Welcome- This is Not a Short Sale, Not a Foreclosure & Not a Flip...this is a Traditional Sale.

This home is like new with amenities galore! Open kitchen with large tile flooring, granite counters, stainless steel appliances, recessed lighting, bar style seating, space to dine and pantry closet. Kitchen/Family combo with fireplace and built-in entertainment inset. Laundry room is on the 2nd level for your convenience with white cabinets & utility sink.

Ceiling fans throughout the entire home & windows around every corner inviting natural light. This home has well maintained landscape in both front & rear yards. Stamped concrete patio in the back yard perfect for the family bbq.

If you or anyone you know is in the market
to buy a home in Northern California,
please contact The Silveria Team!

For a free instant online home or investment property valuation,
please visit: FreeInstantHomeValue.com