Archive By Section - HOME SCENE
A lot of home & assurances for $299K
No worries, no problems, plus plenty of appeal and value. That is the best way to describe an eight-year-old home being sold by the original owners in the popular Villa Ticino neighborhood north of the Manteca Golf Course. Not only is the home in solid shape in a desirable neighborhood but it is neither a foreclosure nor a short sale. No waiting on the bank to decide and no games. It also comes with a ...
392 foreclosures in Manteca in March? Try 90
So how bad is the foreclosure mess? If you follow a popular website that tracks foreclosures, you'd be led to believe there were 332 foreclosures in March within Manteca's city limits. That figure is misleading for a number of reasons. First it double counts previous months. For example if a home got a first notice in January it was counted in that month's numbers. If it got a second notice in March it was included ...
Raymus offers custom living for $309K
Raymus - the gold standard for Manteca homes for more than 50 years - is building again. This time it is a custom neighborhood of 11 oversized lots known as Ken Hill Estates nestled next to an almond orchard off Woodward Avenue. The first home is a single-story 2,196-square-foot three-bedroom, two bathroom home with Spanish-style touches and sensibilities as well as designs that a woman would appreciate. It is selling for $309,990. Unlike virtually every ...
3,587 reasons to buy now
Are you ready to scratch your head? Manteca's existing home sales 95 days into 2010 are on pace to match last year's record setting 1,211 closed deals. There have been 292 homes sold in 95 days. If the tempo of sales holds, that means by the end of 2010 some 3,587 existing Manteca homes will have exchanged hands or 16 percent of all housing stock including apartment units and mobile homes. So how come in ...
Del Webb: Smart move for buyers
Why is Del Webb at Woodbridge selling one out of every five new homes in Manteca? Part of that answer has to do with why Manteca builders sold 306 homes last year while in Stockton they sold 120, and Modesto just eight. Manteca not only has a great central location to attractions such as Yosemite, the Gold Country, the Delta, and The City but is also at the heart of a triangle with a 45- ...
Real Manteca country for $299K
What passes for affordable country property sometimes is laughable. Homes often sit on 1.5 acres - an area that would typically accommodate seven homes in developed portions of cities like Manteca. And normally you won't find just one such country home but seven or eight clustered together. True, you've got more space but you still have neighbors essentially on top of you. To afford more space you often had to pay hundreds upon hundreds of ...
RE/MAX EXECUTIVE HONORS TOP AGENTS
Re/Max Executive members gathered Wednesday morning for a brunch awards session at Spring Creek Country Club in Ripon.
The high cost of fence sitting
The waiting game is about to become expensive If you are a first-time home buyer interested in securing what is essentially free money for you - although not taxpayers as a whole - the deadline is April 30 to get a home into escrow. That's the last day to take advantage of the $8,000 federal tax credit. That home, though, must close escrow by June 30. That tax credit is reducing the cost of purchasing ...
Home buying: Back to the future
Twenty-one years ago they bought a house in the custom East Manteca neighborhood of Spring Meadows for $210,000.
Fence sitters can learn from history
Six years ago this summer a bidding war was underway to buy the models of the popular east Manteca custom neighborhood known as Meadowlands located to the north of Joshua Cowell School.
Bay Area investors may ultimately help push up Manteca housing prices
Bay Area housing prices may once again impact future trends in Manteca values. This time around, though, it is a whole new game. In past periods of basically flat markets or markets on the grow, any price movements in the high-priced Bay Area would move up with Manteca lagging about six months behind. As more Bay Area first-time buyers were squeezed out of the market due to price increases, they'd head to the east – ...
Typical payment drops $2,500 a month
The first-time homebuyer story of four years ago in Manteca now seems like ancient history. The most popular loans were interest only with the typical monthly payment coming in at $4,000. Hardly any buyers were from Manteca let alone the Northern San Joaquin Valley. They were almost all exclusively Bay Area residents pushed eastward over the Altamont Pass. Manteca prices - $450,000 for a median price home of 1,900 square feet with three bedrooms and ...
Buyers of homes with deep value cuts will reap tax advantages for years to come
Call it the Darwin Proposition 13 effect. A home that sold for $413,000 in early 2006 is typically selling for about $178,000 today. Not only are the buyers getting more home for the dollar but they are getting a long-term tax break that will put them in a better position than a homeowner who bought a similar home in 2006 and holds on to it. Property taxes are typically one percent of the valuation in ...
Tale of two Manteca houses
There is still no rhyme or reason to the Manteca housing market as it enters the third year of full-scale foreclosure frenzy.
The case for a $10,000 California tax credit for homebuyers
The best way to keep California's housing construction pulse from straight-lining might just be Governor Arnold Schwarzenegger's proposal for reviving and expanding the $10,000 state home buyer's tax credit.
Articles by Section - HOME SCENE
Ellen Paradiso’s 4-season garden is a quiet and peaceful hide-away
Ellen Paradiso's blueberries were bought during a clearance sale at Park Greenhouse nursery in Ripon.
Buying tips to keep in mind as housing market warms
Ready to buy your first home, or move up to a larger home for your expanding family?
Reserve home mortgage can be good option for many seniors
Do you know that if you are 62 years or older you may be able to buy a house or a condominium using a reverse mortgage? A reverse mortgage allows you to get money from a lender, but you do not have to pay it back (or make any monthly payments) until you sell or die.
Homebuilder confidence rises in May from April
NEW YORK (AP) - Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest outlook for sales over the next six months in more than six years.
Rate on 30-year mortgage fixed loans rises to 3.51 pct.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more home-buying and refinancing.
Housing starts fell during April
WASHINGTON (AP) - U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline was in apartment construction, which tends to vary sharply from month to month.
What are pros & cons of buying rental property?
Hello Real Estate Boys: My wife Bambie, and yes she is a dear, recently lost her parents to an accident and we are in the middle of closing out the estate with one of Turlock's wonderful attorneys. I suppose at this point I should say Bambie was an only child and will inherit her parents' entire estate. While the estate is not huge it will give us a very nice sum of cash soon. The ...
Four new-home trends that can work for your remodel
Builders are back in business, and new-home construction is up in areas across the country. So is remodeling, as plenty of Americans choose to stay put and upgrade their current homes rather than tackle the challenge of buying and moving into something new.
Give your home a fresh look with color
A fresh coat of paint can give any room an instant lift, making it a great solution for converting a space from drab to fab.
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