The hottest trend in Manteca's new housing market besides value pricing can be summed up in "one" as in one-story homes.
The topic of many water coolers today, and for that matter the last 5 years has been and still is real estate. The subject though has changed as of late to the question of, "Are we really headed for a double dip?"
Every market is different. That's been the advertising mantra of the National Association of Realtors for the past several years. It is something to keep in mind given the sudden dive in sales in many parts of the country. While it isn't exactly "happy days are here again" in Manteca, Ripon, and Lathrop the number of resale homes closing escrow has barely dropped. In many spots nationally the sale of existing homes has dropped by ...
Are short sales good for Realtors and bad for homeowners? That question was actually derived from a statement that was posted on a social networking site last week. The homeowner was responding to a video link of my business partner explaining the difference between the purchase process of a foreclosure compared to a short sale. Some statements that were made included, "Short sales are just as bad as foreclosures for properties..." and "(Short sales) further ...
Why go with a foreclosure where you have to spend upwards of $30,000 to update it when you can find a similar home placed on the market by an owner who is not under duress that already has the upgrades in plus has a swimming pool and is in move-in condition?
If you have a FHA insured loan - and virtually all first-time buyers who have purchased homes in Manteca during the last three years have them - you might just want to take advantage of the one-time ability to streamline your loan.
Foreclosure cancellations are at an all-time high in California. Lenders in Jane cancelled almost 22,000 foreclosures. That seems like good news for three possible reasons: •More short sales are going through. •Loan modifications are working. •Banks are extending the time they are willing to work with delinquent borrowers. The number of foreclosure cancellations is up 153.19 percent in year-to year comparisons and 27.09 percent above May levels. Don't break out the champagne yet. While foreclosures ...
Last week I started a two part article telling my personal short sale story. Like I stated last week, I thought I would share with you my story to let you know one major thing that a lot of Realtors fail to mention to their clients but they long to hear: "You're not alone!" "I have actually been there!" "You will make it through, I did!"
With all the news about interest rates and mansions selling for the price of shacks, many people are asking themselves, "Is now the time to sell our home?" The answer to that question depends heavily on your situation.
How do you determine when it is the best time to buy a home? Would it make the most sense to wait until you're sure the market has hit bottom? Those two questions are among those that fence sitters typically ask themsleves. You can talk until you're blue in the face about the rates being extremely low and affordability being at the best level in a decade especially when compared to income and it still ...
Our local real estate market and community owe a great deal of gratitude to the Builder Generation, a group of active adults who are doing more than their part to stabilize our local housing market. In a time where our seniors have been almost disregarded in our culture, it's good to live in a community that not only supports our seniors, but also places an emphasis on their importance.
If you close your eyes and think of the word "foreclosure", what are some images that come to mind? Some see outwardly expressed imagery such as six foot high weeds, dry and dead lawns, papers taped to windows, spider webs and other pictures that remind you of the opening scenes of an old black and white scary movie panning into the haunted mansion. The only problem is that haunted mansion is found all over our southern San Joaquin community.
When most people hear the phrase "loan modification" there are a multitude of images and emotions that flood the brain; skepticism, hope, desperation, lonely, gamble, fear and maybe even a "yeah right"! I have often said that it's easier to catch a Leprechaun at the end of a rainbow than receive a permanent loan modification.
The day of great deals are numbered. Just like any over economic movement, The Great Recession accompanied by liar loans that created the mortgage meltdown, must someday come to an end. A study by the Ebhardt School of Business at the University of Pacific noted that sometime in 2009 population growth exceeded housing growth in San Joaquin County. The last time that happened was in 1996. Three years later home builders aren't able to keep ...
By DENNIS WYATT Managing editor of the Manteca (Calif.) Bulletin Villa Ticino is Manteca's little Switzerland. It's a neighborhood where you'll find names such as Geneva Way, Matterhorn Street and Zurich Drive. The homes built by Frontiers even had a whimsical Swiss touch assuming American-style developments with lots bigger than 6,000 square feet and homes bigger than a baron's castle in the heart of European neutrality. Across town at the French Collection - a stylish ...
All Woodside Homes new home communities in the Sacramento and Northern Central Valley areas are collection sites for the U.S. Marine Corps Reserve Toys for Tots program.
Home decor can convey many different emotions - from warmth and comfort on cold and dreary winter days to elegance and festiveness during the holiday season. The colors and materials you use set the stage; everything from the textures that appear in the accessories, the arrangement of the furniture and even how sound reverberates in a room.
RESPONSE FROM A READER: I have given some thought to the timeshare thing – and yes we had one and paid money to get rid of it.
WASHINGTON (AP) - Average U.S. mortgage rates rose modestly this week, a move that makes home-buying a bit less affordable. Still, rates remain near historically low levels.
WASHINGTON (AP) - U.S. home prices rose more slowly in September than in August, a sign that weaker sales are preventing the kinds of sharp price gains that occurred earlier this year.
It's that time of year again, when the cold wind blows outdoors and your home works as hard as it can to keep you warm and comfortable indoors. Yet your home may be working harder than necessary, while inflating your energy bills in the process. By making a few home renovations this winter, you can boost energy efficiency, save money and add value to your home in the long run.
Excited about hosting a holiday party; but dreading the decorating? You don't have to spend a great deal of money or invest a lot of time to get your home holiday ready. There are a number of quick, easy and inexpensive projects you can complete to update your decor before the first guest rings the doorbell.
Expanding livable space using decks and patios is a top home improvement trend, but today's homeowners aren't satisfied with limiting entertaining outdoors to the warmer months. With a few smart updates, they're creating spaces that make outdoor entertaining possible all year long. Breathe new life into your existing deck and create a space that can be used for entertaining year-round with a few expert tips.
WASHINGTON (AP) - Efforts to delay implementation of changes in the federal flood insurance program have run into roadblocks on both sides of Capitol Hill.
The holiday season's here - time for enjoying your favorite foods, cider simmering on the stove and gatherings of friends and family. If you're hosting a holiday celebration, prepping your home now will help reduce last-minute chores and make the season more enjoyable.
Q: About a month ago, our son sold his home he had owned for 9 years. Three years ago, he obtained a loan modification to lower his payments. The title attorney that handled the recent closing received a pay-off from the lender in the amount of XXXXX. Our son needed to sell, so he took a loss and had to pay over $5,000 at the closing.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages declined this week after two weeks of increases, keeping home-buying affordable.
WASHINGTON (AP) - Fewer Americans bought existing homes in October, as higher mortgage rates, the 16-day partial government shutdown and a limited supply of houses on the market reduced sales.
"A kitchen provides physical and spiritual nourishment, and for many homes is now the heart and soul of family life." That's how Terence Conran opened his classic Kitchen Book 20 years ago, and it's probably even truer today. The kitchen's central importance in most households means that Americans are paying more attention than ever to the design and decoration of this vital space - a search for functionality, comfort and beauty that's reflected in current ...
Do you have the blues this holiday season? How about the pinks? Non-traditional holiday colors are a popular trend in home decor this yuletide, especially when it comes to decking the table for special gatherings with family and friends.