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.
Home prices aren't going to go up again.
Even Santa is surprised by the behavior of banks.
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.
Almost a fifth of Manteca's single family homes that are in existence today have sold in the past three years.
It is still happening.
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.
Every 13 hours plus a few odd minutes for the past 34 months in Manteca an existing home has closed escrow.
The Manteca housing gods must be crazy.
It is one of the enduring myths of the housing bubble bust: New home construction is driving down the price of resales in Manteca.
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.
Florsheim Homes has a solid reputation for building quality and providing homes that fit well into customers' lifestyles and needs.
"Sorry, no free houses." - Glenn Schorr, an analyst with Norton Securities International in a research report sent to clients concerning the foreclosure moratorium
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.
The hottest trend in Manteca's new housing market besides value pricing can be summed up in "one" as in one-story homes.
WASHINGTON (AP) - The average U.S. rate on a 30-year fixed mortgage edged up this week to 4.28 percent from 4.23 percent but remains near historically low levels after declining during the five previous weeks.
LOS ANGELES (AP) - U.S. homeowners are doing a better job of keeping up with mortgage payments, a trend that has reduced the rate of late payment on home loans to the lowest level in more than five years.