Archive By Section - HOME SCENE
The $101,000 home vs. $176,250 home
The median resale price of a home today in Manteca is $176,250. The last time the median was that low was in 1999. Even so, a large chunk of the Manteca the market is acting like it is 1991. A spot check of closed escrows shows some startling "dips" in terms of what some three bedroom and two bathroom homes are selling for versus the rest of the market. And – surprisingly – it has ...
Buying a home on $9.60 an hour
Are you making at least $9.60 an hour at a 40-hour-a-week job to generate a gross annual income of $20,000?
It’s weird time for resale market
Buyers are coming over the Altamont Pass again. However, it isn't the Bay Area buyer of yesteryear. They are bringing cash – and conventional loans with sizeable down payments – and a lot of them aren't buying to own. Realtor after Realtor contacted by the Bulletin agrees on one thing – the Manteca housing market has gotten progressively weirder in the past six months and that first-time buyers need to expect to make numerous offers ...
The new reality
There are those who are still in denial that their homes are no longer the equivalent of a Bureau of Engraving printing press.
Montage solar expo & grand opening
Some of the most energy efficient homes in the Central Valley are now being built in Manteca. Standard Pacific's Montage and Montage II neighborhoods in the popular Woodward Park area south of the Highway 120 Bypass in Manteca have built-in energy savings that significantly reduces the monthly cost of owning and operating a home. Buyers who purchase this year could be eligible for excess of $13,000 in tax credits including $8,000 from the federal government ...
2009 wages & 1997 prices
The South County real estate market is beginning to look more and more like a bad sequel to the 1963 treasure hunt farce entitled "It's a Mad, Mad, Mad, Mad, World."
Keys for cash: Play poker at your own risk
"Keys for cash" may sound like a game or a big money giveaway but it isn't. Those who reside in a foreclosed home – renting or one they once legally owned – who get a knock on the door and try to up the ante are playing a no-win game "Keys for Cash" is the moniker given to the process where banks offer those occupying a home they have repossession of "x" amount of money ...
Two homes, 14 acres for $1.999 million
If you're looking for a country spread that is out of the future path of urban development yet within 10 minutes of amenities by a quick, smooth drive you may find it some seven miles south of Manteca.
$810K buys a slice of paradise
Two acres of paradise await buyers on Northland Road just north of Manteca. Not only is the California ranch-style home spacious with around 3,000 square feet complete with a pair of master suites and one of the largest family rooms you're going to find in a single story home but it also comes with over 80 trees, a swimming pool, a mobile home with a separate address and a long list of bonuses. That mobile ...
Property tax relief coming for some
If you bought a home in the past five years you will want to read this. Next month the odds are great some tax relief is coming your way from the San Joaquin County Assessor's Office. That's when state law requires them to reassess property values based on the home's value on Jan. 1, 2009. Even though property values have declined further since then, by law that is the assessment date. You should be getting ...
Style, luxury powering Summit sales
By DENNIS WYATT Managing editor of the Manteca (Calif.) Bulletin Amidst the gloom and doom Atherton Homes is selling a steady number of homes in the Summit Collection at Union Ranch. In recent months there have been 10 closings, 13 homes enter escrow and one lot reserved. It's not the go-go pace at the start of the decade but it is a surprisingly strong pace for today's market. How are they doing it? The answer ...
Chance to win $500 Pottery Barn gift card at free design seminar
How do they get those model homes to look so nice? You can find out Saturday, June 27, and it won't cost you a cent. In fact, you could leave with a $500 gift certificate. Pottery barn is teaming up with Atherton Homes to present a free design essentials seminar from 11 a.m. to 1 p.m. at the model home complex for The Summit Collection at Union Ranch at 2517 Edgebrook Lane of Union Road ...
The audacity of false hope
Much hullabaloo has been made over California's 90-day foreclosure moratorium that went into effect June 15.
Rising interest rates spook you?
Forget about the bottom of housing pricing. What really matters is how much a month that house is costing. That is why signs are everywhere that we've definitely hit bottom in the South County housing market. Here's why: •The price of the home isn't what matters the most, it is the monthly cost. And that cost is driven more by the interest rate than the price since when you're done paying in 30 years around ...
True country solitude for $399,000
Horse lovers – or those who like the idea of country solitude with stunning views from a home on 10.7 acres complete with a large pond – have an opportunity to buy real country property for $399,000.
Articles by Section - HOME SCENE
Create an outdoor space that ‘wows’, functions as living space
Whether you own a cozy cottage or mega mansion, as a homeowner, you likely embrace the outdoor living trend. But when you look at your deck or patio, does it leave something to be desired? By taking a do-it-yourself (DIY) approach, you can affordably create outdoor spaces that enhance the style and functionality of your home, plus add to the overall value of the property.
Single-family homes are in a number of cases no longer that
Think American Dream and images of owning a single-family home pop up.
California home prices jump 26 percent in May
SAN DIEGO (AP) - California home prices surged to their highest level in more than five years last month as demand outpaced a thin supply of properties, a research firm reported Thursday.
Rate on fixed 30-year mortgage rises to 3.98%
WASHINGTON (AP) - Fixed U.S. mortgage rates rose for the sixth straight week, putting the average rate on the 30-year loan just shy of 4 percent.
Making your home stand out in hot real estate market
The residential housing market is heating up, but before you post that for-sale sign, consider making upgrades that add style and value to your home. With many buyers seeking wood floors, kitchen upgrades and other add-ons, it's important for homeowners to highlight these features so their property stands out from the competition in today's market.
Fence & survey differ: So what do you do?
Q: We enjoy reading your column and would appreciate your comments on the following situation. You helped us with excellent advice in the past so we decided to seek your opinion on the following issue.
Top remodel trends for the modern home
Thanks to foreclosures and short sales, home buyers are snatching up great houses at reduced prices and remodeling to create stylish modern homes. Lucky for those buyers, many of today's top trends are relatively easy to recreate, and will add re-sale value to their homes.
Birdfeeder basics: Bring on back yard birds with the right feeders
When you dine, do you prefer clean and attractive tableware? Does ambiance enhance your enjoyment of your food? Birds feel the same way about their dining habits - the type and cleanliness of your bird feeders directly affects the number and species of birds that will visit your backyard this season.
Race affects homebuying, renting
WASHINGTON (AP) -Minority renters and homebuyers deployed to test for housing discrimination did not run into the blatant discrimination of four decades ago, but were told about and shown fewer homes than their white counterparts with similar backgrounds, according to the results of a major federal housing study released Tuesday.
Buyers & sellers beware: It’s a jungle out there
The Real Estate Boys: Boy, I don't know how you guys do it but you seem to be ahead of the game. Many weeks ago you wrote about funds for buying foreclosed homes in bulk from the large banks and a few weeks later I read about it in Time. You both seem to have the pulse of the market - or at least you talk a good game! So, what's coming up for us amateurs to watch out for when buying or selling? I enjoy your fun articles. Keep it up.
RealtyTrac: Home repossessions rose during May
LOS ANGELES (AP) - Lenders stepped up action last month against homeowners who had fallen behind on their mortgage payments, taking possession of more homes and initiating the foreclosure countdown clock on many others.
Today’s flippers aren’t the same as those who drove prices up
Flippers - the whipping boys for many who believed they played a big role in pumping up the housing bubble - are being criticized again.
Signed contracts to purchase homes at highest level in 3 years
WASHINGTON (AP) - The number of Americans who signed contracts to buy homes ticked up in April to the highest level in three years. The increase points to growth in home sales in the coming months.
30-year fixed mortgage rate increases to 3.81%
WASHINGTON (AP) - Average U.S. rates on fixed mortgages jumped this week to their highest levels in a year, signaling slightly higher costs for homebuyers. But rates still remain low by historical standards.
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