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Archive By Section - HOME SCENE


Three years & counting

Three years into the great foreclosure meltdown and people are still wondering whether it is worth the risk of buying a home as they have fears over the future being uncertain.

January 08, 2011 | Dennis Wyatt | HOME SCENE


Underwater? Not a big deal unless you are treading water

Home prices aren't going to go up again.

December 17, 2010 | Dennis Wyatt | HOME SCENE


Have short sale lien holders been naughty or nice this year?

Even Santa is surprised by the behavior of banks.

December 17, 2010 | By JEFF REYES PMZ Realtor | HOME SCENE


Terra Ranch could add 409 more living units

Manteca south of the Highway 120 Bypass could add 6,058 homes over the next 15 years between four projects that are at various stages in the entitlement process.

December 13, 2010 | Dennis Wyatt | HOME SCENE


Sales statistics reflective of confidence in Manteca market

Almost a fifth of Manteca's single family homes that are in existence today have sold in the past three years.

December 10, 2010 | Dennis Wyatt | HOME SCENE


You’ve got to be out by the end of the month

It is still happening.

December 03, 2010 | Dennis Wyatt | HOME SCENE


$400,000 goes from bottom to top of Manteca resale market

A 1,482-square-foot home with three bedrooms, two bathrooms, dual pane windows, new interior paint and a large backyard sold for $400,000 in the 300 block of North Powers in April of 2006.

November 26, 2010 | Dennis Wyatt | HOME SCENE


Bad times? It depends upon where you’re at

Every 13 hours plus a few odd minutes for the past 34 months in Manteca an existing home has closed escrow.

November 19, 2010 | Dennis Wyatt | HOME SCENE


Convergence of existing & resale prices

The Manteca housing gods must be crazy.

November 12, 2010 | Dennis Wyatt | HOME SCENE


New home sales aren’t driving down home prices

It is one of the enduring myths of the housing bubble bust: New home construction is driving down the price of resales in Manteca.

November 05, 2010 | Dennis Wyatt | HOME SCENE


Clearing the short sale fog

Growing up in our valley, I loved fog! Because fog for us represents the changing of a season. It meant "red cups" are coming back to Starbucks, turkey will become a meal staple for a week and Christmas is around the corner. But a "foggy" or "gray" understanding of our real estate market can make for a great deal of anxiety.

November 05, 2010 | By JEFF REYES PMZ Realtor | HOME SCENE


Valley Blossom sells eight new homes before models are done

Florsheim Homes has a solid reputation for building quality and providing homes that fit well into customers' lifestyles and needs.

October 29, 2010 | Dennis Wyatt | HOME SCENE


No such thing as free houses

"Sorry, no free houses." - Glenn Schorr, an analyst with Norton Securities International in a research report sent to clients concerning the foreclosure moratorium

October 22, 2010 | Dennis Wyatt | HOME SCENE


Springtime Estates home for $279,500

Springtime Estates is part of a series of small, semi-custom and custom neighborhoods east of Highway 99 that for years has drawn strong interest from long-time Manteca residents looking to move-up.

October 08, 2010 | Dennis Wyatt | HOME SCENE


One-story homes gain in popularity

The hottest trend in Manteca's new housing market besides value pricing can be summed up in "one" as in one-story homes.

October 01, 2010 | Dennis Wyatt | HOME SCENE


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Articles by Section - HOME SCENE


Solid new-home sales lift hopes for housing market

WASHINGTON (AP) - A surprisingly strong pace of new-home sales last month has boosted hopes that the spring buying season will be solid enough to lift the overall economy.

February 28, 2014 | | HOME SCENE


Average 30-year mortgage rate reaches 4.37 percent

WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose for a third straight week as new data showed a surprisingly strong pace of new-home sales last month. Rates still remain near historically low levels.

February 28, 2014 | | HOME SCENE


Freddie Mac posts $8.6B profit in 4Q

WASHINGTON (AP) - Mortgage giant Freddie Mac posted net income of $8.6 billion for the October through December period, its ninth straight profitable quarter. Earnings were boosted by the continued rise in home prices, which reduced the amounts the company had to set aside to cover losses on mortgages.

February 28, 2014 | | HOME SCENE


Oscar horse race to be a photo finish

LOS ANGELES (AP) - Many of the winners who will take home an Oscar on Sunday have long been forecast, their triumph made seemingly self-evident after months of anticipation. That is, except for one little category: best picture.

February 28, 2014 | | HOME SCENE


ND home prices soar with oil boom

BISMARCK, N.D. (AP) - North Dakota's oil boom isn't just driving up housing prices at the epicenter. Getting a roof overhead is getting more expensive throughout the state, with the average value of a home sold last year topping $200,000 - up more than 20 percent from 2011, a real estate trade group says.

February 21, 2014 | | HOME SCENE


Builder confidence sinks in February

NMEW YORK (AP) - U.S. homebuilders' confidence in the housing market declined sharply this month as the severe weather battering much of the nation keeps many would-be buyers at home.

February 21, 2014 | | HOME SCENE


Put your decorating fears to bed by employing the latest color trends

The bedroom is an oasis. It's the place where you wake up, energized and ready to start the day, as well as where you slip away and unwind from the day's activities. This is the one room that is truly yours, so make sure it's a reflection of your personality.

February 21, 2014 | | HOME SCENE


Put your decorating fears to bed by employing the latest color trends

The bedroom is an oasis. It's the place where you wake up, energized and ready to start the day, as well as where you slip away and unwind from the day's activities. This is the one room that is truly yours, so make sure it's a reflection of your personality.

February 21, 2014 | | HOME SCENE


4 quick color tips to awaken your home

While many resolutions are based on eating healthier and exercising more, homes rarely receive the same promise of improvement. This year, resolve to give your home some attention by committing to a new coat of paint. Painting can be a quick and cost-effective way to refresh your home, so consider updating several spaces for a clean start.

February 21, 2014 | | HOME SCENE


Foreclosure rate almost back to normal

Good news.

February 21, 2014 | Dennis Wyatt | HOME SCENE


Storms put chill on new housing starts

WASHINGTON (AP) - U.S. home construction fell in January for a second month but the weakness in both months reflected severe winter weather in many parts of the country. The expectation is that housing will deliver another year of solid gains, helped by an improving economy.

February 21, 2014 | | HOME SCENE


Average 30-year loan rate up to 4.33 percent

WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose this week but remained near historically low levels.

February 21, 2014 | | HOME SCENE


Prepping sun-friendly skylights

When spring finally arrives, windows and skylights across the country will open, as happy homeowners revel in all that sunshine and warm, fresh air. But before you can savor spring, you still have weeks of winter to get through. You can use that time wisely to ensure all your home's windows, skylights and doors are in good working order - and ready for action when spring arrives.

February 14, 2014 | | HOME SCENE


Fewer homes repossessed during January

LOS ANGELES (AP) - Lenders repossessed fewer U.S. homes in January, bringing the number of completed foreclosures down to the lowest level in more than six years.

February 14, 2014 | | HOME SCENE


Few homes on market; California sales lower

SAN DIEGO (AP) - California homes sales dropped sharply in January due to a seasonal slump and a lack of affordable homes on the market, a research firm reported Thursday.

February 14, 2014 | | HOME SCENE


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