The countdown has started. There are now 31 days left until arguably the most effective part of the stimulus package – the $8,000 federal tax credit for first-time homebuyers - expires at midnight on Nov. 30. Only those in escrow with homes being bought by qualified buyers at that time will receive the tax credit. One would hope our Congressman Jerry McNerney who has the distinction of having the nation's worst region for foreclosures as ...
Four years ago this month only one home sold for less than $300,000 in Manteca. It was a two bedroom, one bathroom house with about 800 square feet on a narrow lot with less than 3,000 square feet in Central Manteca near Lindbergh School. It sold for $295,000 As of Monday this October, 44 homes have closed escrow in Manteca with all but seven being less than $300,000. Among them is a home that sold ...
Fifteen years ago, the average home on the resale market in Manteca closed escrow at $125,000. It was $390,000 in 2005. The market peaked at $413,000 in 2006. Today the average closing price in the Manteca resale market is $178,044.
Now that it is clear the tsunami known as the mortgage meltdown has swept through the Manteca housing market it is safe to start thinking about long-term recovery.
Tired of looking at homes in less-than-move-in condition? Would you like an existing home that doesn't need a ton of money put into it? Are you wondering if it is possible today to buy an existing home with a new roof, green grass, new kitchen appliances, new counters and cupboards in the kitchen, new tile, new carpet, new landscaping, new carpet, and even new sinks in the bathroom? You can get that and more for ...
You can own your own home in Manteca for less than $550 a month and not have to sink a lot of money into the foreclosure you're buying.
Why, the reader asked in an e-mail, are you still in your home if you paid $189,900 for it in March 2008 and the assessor says it is worth only $102,000 as of Jan. 1, 2009?
Two years ago this month there was a record 625 resale homes available in Manteca, Ripon, and Escalon. Of those, more than 250 were foreclosures including almost 180 in Manteca.
Four years ago it wasn't unusual for a mobile home in a park like Manteca's El Rancho Estates to sell for $180,000.
Editor, Manteca Bulletin, This letter is in regards to your August 14 article in the Home Scene paper. I don't know where you get your information. It is not that easy to buy a home in Manteca. Here is what we have learned while trying to buy a home: 1. Banks do not want FHA or USDA offers. They want cash or conventional with 20% down. 2. You always have to offer more than the ...
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 ...
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?
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 ...
There are those who are still in denial that their homes are no longer the equivalent of a Bureau of Engraving printing press.
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 ...
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.