Bidding wars break out in Lodi: Is real estate finally stabilizing?
Ryan and Breanna Anderson and their two daughters, Gabby, 2, left, McKenna, 3, right, and son, Ethan, 7 months, stand in front of their recently purchased Lodi home. After being out-bid on six different homes, the Andersons finally had an offer accepted and closed escrow in January. (Dan Evans/News-Sentinel)
Posted: Wednesday, April 1, 2009 10:00 pm
When Ryan and Breanna Anderson decided they wanted to purchase a
home in Lodi for their young family, they knew they would have to
act quickly to take advantage of plummeting prices.
And though prices for homes in the area are down, so is
inventory. And interest rates are near historic lows.
Wednesday, April 1, 2009 10:00 pm.