Posted by: dakielty | September 27, 2015

2342 Linden Atwater. USDA possible, home for sale

Even though I have moved to Parker, Colorado, there are still a few real estate transactions happening in the Merced area which Norma Lopez is taking care of.  Contact Norma at:  209-277-0193

One of these is the home on 2342 Linden St. in Atwater.  Looks like it’s going back on the market – new vinyl flooring in the master bath and a few minor fixes,  and the home appraised at list price, so we are good to go with that.  If you have a buyer that needs 100% financing,  USDA loans are still approved for Atwater, so this could be a great chance for someone to get into that first home.   With 3 bedrooms, guest and master  bathrooms, spacious living room, bonus room off the third bedroom, fruit trees, shade tree in the front yard, this may be what you are looking for.

Photo Jun 22, 1 54 09 PM

2342 Linden, Atwater, CA


Posted by: dakielty | July 14, 2015

Changing Market

This chart shows:


Both the listing price and the selling price have increased over the past 2 years. 

In 2014, it looked like prices were stabilizing, but in 2015 after bouncing around a little at the beginning of the year, they are rising again.


Average listing price in the Merced area is $239,000 and average selling price is $204,500.  And this is with more homes selling this year than a couple of  years ago.

One thing that is happening is that homes priced below $160,000 are selling quickly if they are priced right and even higher priced homes are selling well.

We also have new homes on the market – beautiful homes priced reasonably.  If you’d like information on this, please give me a call.

Posted by: dakielty | October 3, 2013

Are we in the middle of another bubble?

crystal ball            cloudy future

Prices are still rising as you can see in the picture below.   The question I get most often is:   Is this another bubble?   Ok, here I’m gazing into my crystal ball—the answer is:   The future is cloudy…

But here’s why I don’t think this is a bubble:

1)  It’s a lot harder to get a loan now than it was in 2006-2007.  People actually have to afford the homes  they are buying.  And interest rates are starting to rise.

2)   Housing affordability is at historic highs— When you look at the average income in the county and compare it with the average price of homes—more than 80% of people in Merced can afford to buy a home at todays prices.   The highest was about 92% so it’s dropping, but it can drop quite a bit before we reach a “stable” point—probably around 65%.  At the height of the market, only about 19% of people could afford to buy a home.  We have room for prices to rise.

3) Things are getting better:  We expect the Walmart Distribution center will break ground in early 2014.  Panera bread is coming to town and should open soon, and more are coming!

In addition,  we are not seeing bunches of new homes being built, and homes are selling as quickly as they come on the market.

We have more buyers than homes available.

New homes are starting being built, but there has been a 7 year drought, and it will take a while for the new home construction to catch up with the demand!


As you can see, the median sale price is up 47% in the last 2 years, and the median sold price is up 32%

Posted by: dakielty | September 28, 2013

Coming Soon – lovely home in Merced


Coming Soon!  This lovely home has many upgrades for the right buyer –   It’s a standard sale (like about 60% of the sales in Merced are)  so you don’t have to mess with banks or delays.  just a bike ride from UC Merced, the kitchen features porcelain tile countertops, stainless steel appliances – all newer, rolling shelves in the lower cabinets, solar tubes and can lighting.  Beautiful backyard has a deck, gazebo, and covered patio.   Master bedroom has a sitting room that was added later.   On about October 8th, it will have it’s own website with a nice slideshow and pictures, or call Dorothy or Anna for information!

Posted by: dakielty | May 20, 2013

Fear is the unknown.

When I was in the 7th grade, my teacher had the following posted over the door and I read it every day.  The more I read it, the more I understood it.  That has been 40 years ago…  It still helps bring me peace….

“Fear is the unknown,

Knowledge overcomes fear

Knowledge brings confidence.”

Posted by: dakielty | May 17, 2013

What Children Can Teach Us!

What Children Can Teach Us!.

Posted by: dakielty | May 15, 2013

Many ways to help First Time Homebuyers in Merced area

There are many local programs to help First Time Homebuyers in the Merced area.   Merced County and the city of Merced both have programs utilizing funds from the Federal Government Neighborhood Stabilization Program, plus some Banks like F & M Bank in Merced have funds for the WISH Program.   Most of these programs have a set time limit – or they have a set amount of money to give out.   Therefore it is important for First Time Homebuyers and their Real estate agents to know about these programs and help get their buyers prepared.

A first time  homebuyer is someone who hasn’t owned a home in 3 years.  Yes,  many people who lost their home a few years ago can qualify for help now….

If you have questions about this, please call us and let us get the answers for you!

Posted by: dakielty | May 12, 2013

Top 5 Words to Delete from Your Vocabulary

Top 5 Words to Delete from Your Vocabulary.  Love this –   We empower ourselves when we use positive words, and weaken ourselves when we use negative words.  Hooray for this blog!

The spring auction for the Merced County of Realtors Charitable foundation was May 7, 2013.  What an outstanding success it was.   Members of the community were very generous both with their donations for the auction and with their wallets in this Morning event.    This was hosted by Coldwell Banker Gonella Realty, Tinetti Realty Group, and Century 21 M & M in Merced.    Breakfast was sponsored by Gonella Realty with the help of some friends including the Starbucks on Carol Ave and Pamela LLanes.    Realtors, lenders and friends mingled and bid on over 160 items – both live auction and silent auctions .  We had a great time, and the Salvation Army, the Merced County Food bank are the big benefiters’ from the event.  I am proud to be part of the organization – both  Coldwell Banker Gonella Realty and the Merced County Association of REALTORS!

Posted by: dakielty | January 5, 2013

Mortgage relief extended

Congress has extended the Mortgage Forgiveness Debt Relief Act for another year. The measure will continue to exempt from taxation mortgage debt that is forgiven when homeowners and their mortgage lenders negotiate a short sale, loan modification (including any principal reduction) or foreclosure.

What does this mean for homeowners? It means that under many conditions, the federal government may not tax the part of the home loan that was “forgiven” under a short sale or deed-in-lieu. In many cases, California will also forgive the taxation of this money.

Short sales have really helped many people to recover from dire straits when they have lost their job or had family illness which made it difficult or impossible to keep up with their mortgage.

What should you do? Contact the bank to see if you qualify, contact a lawyer or tax advisor to make sure that your debt will be forgiven and that this is the best solution for you, and contact a real estate agent who is familiar with short sales to help you through the process.
There are also programs like which can help many homeowners to receive temporary relief.

If you need some questions answered about short sales, I will be happy to help you. There is no cost for any of my help, unless you successfully sell your home, list it with me, and I make a commission at that time.

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