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Archive By Section - HOME SCENE


Housing costs soar 10.6% in the 209 market

The cost of buying a typical home in Manteca, Turlock, Ripon, Modesto and elsewhere has gone up 10.6 percent during the past month.

July 05, 2013 | Dennis Wyatt | HOME SCENE


Greener decorating for your outdoor living deck and patio

Outdoor living spaces cry out for an eco-friendly touch. Whether you're adding a patio, updating a deck or livening up your landscaping, the last thing you want to do is harm the environment. Greener decorating and building practices can help you protect and pay homage to Mother Nature while creating a space where you'll enjoy the beauty of the outdoors.

July 04, 2013 | | HOME SCENE


Home price gains bring sellers off the sidelines

SAN DIEGO (AP) - Robert and Emerald Oravec were itching to sell their condominium late last year to move closer to a favorite surfing spot, but they were stuck. They owed the bank $194,000 and figured the most they could get was $180,000.

July 04, 2013 | | HOME SCENE


Rate on 30-year loan falls to 4.29 percent

WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell this week after last week's surge. The declines could prompt homebuyers to act quickly before rates rise further.

July 04, 2013 | | HOME SCENE


Prices rise 12.2% in May, biggest jump in 7 years

WASHINGTON (AP) - U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening.

July 04, 2013 | | HOME SCENE


Tiff over mortgage insurance refund

Q: My husband and I purchased a home in October of 2010 using an FHA mortgage through Bank of America. We had a 30-year fixed rate mortgage with a PMI requiring "up-front" money of $4,635.61 and a monthly premium. Luckily we were able to sell our previous home which was mortgage free and, together with savings, paid off this mortgage in February 2013 - about 28 months into the 30-year commitment. Looking at the FHA/HUD website it states that a refund of some of the premium money is available if the following three criteria are met:

July 04, 2013 | | HOME SCENE


Construction spending up 0.5% n May

WASHINGTON (AP) - Spending on residential housing rose in May to the highest level in 4½ years, helping to send overall construction spending higher despite a big drop in nonresidential activity.

July 04, 2013 | | HOME SCENE


Rylan Tinsley of the Weston Ranch Major All Stars beats the throw to Trent Prokes on Wednesday in a

WASHINGTON (AP) - The U.S. government said Monday that it has received $66.3 billion in dividend payments from Fannie Mae and Freddie Mac after both reported stronger earnings at the start of the year.

July 04, 2013 | | HOME SCENE


Oakwood Shores obtains $9.4M construction loan

Sabal Financial Group, a diversified financial services firm specializing in real estate, lending and banking, has closed a construction loan in the amount of $9.4 million for Manteca's gated Oakwood Shores community.

June 27, 2013 | | HOME SCENE


Home prices will again reach 2006 levels

If the gains of the past 12 months in housing prices throughout the 209 region occurred prior to 2006, there would be dancing in the streets.

June 27, 2013 | Dennis Wyatt | HOME SCENE


Home prices rise in April by most in 7 years

WASHINGTON (AP) - U.S. home prices jumped 12.1 percent in April from a year ago, the most since March 2006. More buyers and a limited supply of available homes have lifted prices in most cities across the country, a sign of a broad-based housing recovery.

June 27, 2013 | | HOME SCENE


Mortgage rates jump to 2-year high of 4.46% adding thousands to cost of buying home

WASHINGTON (AP) - U.S. mortgage rates have suddenly jumped from near-record lows and are adding thousands of dollars to the cost of buying a home.

June 27, 2013 | | HOME SCENE


Signed contracts for buying existing homes at 6-year high

WASHINGTON (AP) - The number of people who signed contracts to buy U.S. homes jumped in May to the highest level in more than six years, a sign home sales will probably rise in the months ahead.

June 27, 2013 | | HOME SCENE


How can lender dictate commission agreeement?

Q: I am a real estate lawyer in practice for over 36 years and in the last three months encountered a new situation for which I find troubling. Both closings I conducted were lot purchases as part of a construction/perm loan. In both cases the realtors were to split a 10% commission. The lenders were not the same. The lenders, citing a fed regulation said the commission could not exceed 8%. How can a lender dictate the commission agreed to by the seller and realtors neither of whom have any relationship with the lenders? Hal.

June 27, 2013 | | HOME SCENE


New home sales hit fastest pace in 5 years; up 2.1% from April

WASHINGTON (AP) - Sales of new homes rose in May to the fastest pace in five years, a solid gain that added to signs of a steadily improving housing market.

June 27, 2013 | | HOME SCENE


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Articles by Section - HOME SCENE


Opportunity in fast growing SE Manteca

It is arguably the hottest small parcel zoned neighborhood commercial as well as for other uses that's available in Manteca - five acres at the corner of Pillsbury Road and Woodward Avenue.

May 22, 2015 | Dennis Wyatt | HOME SCENE


MODERN LOVE AFFAIR

PORTOLA VALLEY -- If the architecture of Silicon Valley calls to mind the tilt-up office parks that surround its freeway exits, you might have missed Beverly Thorne's jagged, steel-framed house nestled in a cliff overlooking the South Bay.

May 22, 2015 | | HOME SCENE


Renters satisfied in pricey cities

WASHINGTON (AP) - High rents are worth it.

May 22, 2015 | | HOME SCENE


Average US rate on 30-year mortgage slips to 3.84 percent

WASHINGTON (AP) - Average long-term U.S. mortgage rates edged slightly lower this week after rising for three straight weeks.

May 22, 2015 | | HOME SCENE


California home prices, sales increase in April

SAN DIEGO (AP) - California home prices climbed to a new 7 1/2-year high in April as low interest rates and job growth lured buyers, a research firm said Thursday. Sales were brisk.

May 22, 2015 | | HOME SCENE


WATERPOINTE

Home shoppers are finding the home of their dreams in a resort like setting at Van Daele's Waterpointe at River Islands in Lathrop.

May 15, 2015 | | HOME SCENE


What you need to know about the kitchen sink

If the kitchen is the heart of your home, it would be easy to make the case that the sink is the heart of your kitchen. It's where you prepare foods, clean dirty hands and scrub dishes before the next culinary project. It's also one of the best features to update when planning a kitchen remodel, thanks to new technology and designs aimed at improving how well kitchen sinks perform.

May 15, 2015 | | HOME SCENE


Keep man cave top of mind when choosing a new home

It used to be that the man's room -or man cave- was relegated to the basement or the garage. Now homes are being designed with the man cave already in mind to give men a place to call their own.

May 15, 2015 | | HOME SCENE


New condos in Patterson in low $200,000s

PATTERSON - Ivy Terrace is Patterson's first gated "for sale" condominium community.

May 15, 2015 | | HOME SCENE


Why buyers face a tough spring

LOS ANGLES (AP) - Eager to buy your first home this spring? Already own, but want to trade up? Be warned: there'll be plenty of competition

May 15, 2015 | | HOME SCENE


Spring project breakdown

As a kickoff to home improvement season, there are many home updates homeowners are undertaking. But before you grab your toolkit or enlist the help of a professional, do your wallet a favor, and conduct a little research.

May 15, 2015 | | HOME SCENE


Four steps to find your home’s perfect patio door

Do you feel like your house could use more natural light to brighten and warm your favorite spaces? Patio doors offer unobstructed views that flood your home with natural light and provide convenient access to the outside.

May 15, 2015 | | HOME SCENE


Dream outdoor kitchens

It often starts as a blank spot on the patio, usually somewhere just outside the back door. Then come the "things" to fill the spot. There's so much to consider that it gets difficult to make a decision.

May 08, 2015 | | HOME SCENE


Average 30-year mortgage rises to 3.8 percent

WASHINGTON (AP) - Average long-term U.S. mortgage rates are up this week to the highest level since mid-March.

May 08, 2015 | | HOME SCENE


Seeking advice on buying first home

Hey you Real Estate Boys: There's a lot going on my/our lives in the coming months. First and most importantly we will be getting married right after we both graduate in May, from Stanislaus with our respective degrees. We both have good jobs in this area and are looking forward to becoming old and boring and raising a family. "She is so brilliant." So, being the conservative future couple we'd like to make sure we start our lives on the correct foot/feet. And that, sirs, is our question. How does a young couple start a life ...

May 08, 2015 | | HOME SCENE


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