Archive By Section - 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.
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.
You’ve got to be out by the end of the month
It is still happening. You rent a home in a nice neighborhood. The landlord seems nice enough. You pay your rent on time Then four to eight months down the road you get home and find there is a notice taped to the front door. The home you are renting is in foreclosure. You find out that the landlord you've been paying rent to has not been paying the bank. The bank wants you out. ...
$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.
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.
Convergence of existing & resale prices
The Manteca housing gods must be crazy. New home builders are starting to peel off a small but growing number of people who had thought resale was the least expensive way to go. It is happening for two reasons. First, new home builders have re-designed their offerings making them somewhat smaller without sacrificing amenities by cutting down on gingerbread angles that are more costly to bring to market models that compete well with the resale ...
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.
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.
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.
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
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.
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.
Double dip in housing isn’t likely scenario for Manteca market
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?"
Manteca market is different
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 ...
The short sale debate
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 ...
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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