Bella Casa Realty

10/04/2026

🏡 PRICE REDUCTION — NOW $389,500! 🏡

208 Parry Ave, Modesto, CA 95354

✨ Don’t miss this opportunity! This charming 3-bedroom, 1-bath home has just had a price reduction and is ready for its next owner!

This classic 1950 bungalow offers 1,038 sq. ft. of comfortable living space with fresh interior and exterior paint, new laminate flooring, a 1-car garage, and a convenient Modesto location close to shopping, dining, and everyday necessities.

Whether you’re a first-time homebuyer, downsizing, or looking for an investment opportunity, this home offers character, potential, and an attractive new price.

📍 208 Parry Ave, Modesto
💰 NOW $389,500
🛏️ 3 Bedrooms | 🛁 1 Bathroom | 🚗 1-Car Garage

📞 Call Marie L. Joiner today: 209-345-8329
Marie L. Joiner, REALTOR®
DRE #01362203
Bella Casa Realty

10/04/2026

📈 WHY IS THE ECONOMY FEELING SO EXPENSIVE?

Take a look at these two numbers:

🛢️ Crude Oil: $91.26/barrel
📈 10-Year Treasury: 5.27%

These two numbers affect almost everyone.

Higher oil prices mean higher costs for fuel, trucking, deliveries, airfare and operating a business. Eventually, many of those costs get passed on to consumers.

A 5.27% 10-year Treasury yield also puts pressure on borrowing costs. It can contribute to higher mortgage rates, business financing costs and other long-term interest rates.

When BOTH are high, families get squeezed from both directions:

Higher everyday expenses + higher borrowing costs = less money left to spend.

That can mean fewer home buyers, slower real estate sales, less discretionary spending and businesses seeing customers become more cautious.

This is why you can hear that the economy is doing okay, yet many families and small businesses are saying:

“It sure doesn’t feel like it.”

The numbers help explain why.

09/25/2026

The 10-Year Treasury & Your Wallet: Quick Version

What is it?

The 10-Year Treasury is the interest rate the U.S. government pays to borrow money. Right now it's at 5.19%.
Why does that matter? Every interest rate in America is built on top of this number. Your mortgage, car loan, and credit card rates all start here and go UP from there.

How It Affects Your Mortgage
Banks look at the 5.19% Treasury yield and add their profit margin (0.5-1.5%) on top.
Result: Your mortgage rate is probably around 6.5-7%.
Here's the real impact:
$400,000 Home | 30-Year Mortgage
At 7% interest: $2,661/month
At 3% interest (2021): $1,686/month
Difference: $975 MORE per month

Over 30 years, that's $351,000 extra for the same house.

Who Can Afford to Buy?
People who could qualify for a $500,000 home two years ago? They can now only qualify for $350-400,000.
Why? Lenders calculate loans based on your monthly income. Higher rates = higher payments = smaller loans you can get.

What This Means for the Housing Market
✓ Good news for sellers: Fewer buyers means less competition. People with low rates won't sell (they don't want a 7% rate). Inventory is tight.
✓ Good news for buyers: Less competition. More negotiating power. Bidding wars are over.
✗ Bad news for everyone: Homes cost more to own. Monthly payments are crushing. Refinancing isn't an option.

Could Rates Come Down?
Only if:
Inflation cools significantly
The Fed starts cutting rates
Economic weakness pushes people to safe investments

Reality: Don't count on it. Plan for rates to stay high for the next 12-18 months.

What Should You Do?
If you want to buy:
Stop waiting for rates to drop. Apply now.
You can refinance later if rates improve. You can't undo waiting if they go higher.

If you own a home:
Don't refinance unless rates drop at least 0.5-1%.
If you have a variable-rate loan, lock in a fixed rate NOW.

If you need any loan:
Apply soon. Rates could keep rising.
Avoid variable rates. Lock in fixed rates.
Pay down credit card debt (20%+ APR is killing you).


Bottom Line
The 5.19% Treasury yield means borrowing is expensive right now. It directly affects your monthly payments and how much home you can afford.
You can't change the rates. But you CAN make smart decisions with the information you have.

Marie Joiner
Broker/Owner
of Bella Casa Realty
Dre:01362204
209-345-8329

09/04/2026

PENDING 🎉🎉🎉

Congratulations to my sellers on getting your home into escrow!

A big thank you to Lorena for helping make this happen for your buyers. Successful real estate transactions are all about negotiation and bringing buyers and sellers together.

09/04/2026

🏡 OPEN HOUSE — SEPTEMBER 5, 2026

12:00 PM – 3:00 PM

📍 208 Parry Ave, Modesto, CA 95354
💰 $399,990
🛏️ 3 Bedrooms | 🛁 1 Bathroom | 📐 1,038 Sq. Ft.

✨ Come see this charming, move-in-ready 1950 bungalow in person!

📞 Marie L. Joiner | Bella Casa Realty
209-345-8329

Stop by Saturday, September 5th from 12–3 PM! 🏡

08/30/2026