Archive By Section - HOME SCENE
Classy looks spur steady sales
Union Ranch is a unique neighborhood for many reasons. •It has a loop street pattern serving eventually more than 400 homes. That means no through streets teeming with traffic. •It will back up to the future northerly extension of the Tidewater Bike Way. •Homes are 100 percent owner occupied and there are no distressed properties. •It is one of the first developments doing well enough to get ready to break ground on installing infrastructure for ...
Free classes address credit issues, needs of first-time home buyers
Knowledge is the key to home ownership. Deborah Romero of Ability Mortgage - who has been a mortgage lender since 1997 - noted that people with credit issues, foreclosures, and even bankruptcies can buy homes. All it takes is going through specific steps, and holding a steady course for a year or so or simply just months. At the same time many renters who want to own homes may not realize they could be in ...
Valley Blossom a big hit
Valley Blossom is showcasing the completion of its newest model homes this weekend. The floor plan, standard offerings such as granite kitchen counters, price point, and location have been so popular that 25 homes sold before the models could be finished. Florsheim Homes Chief Executive Officer Joe Anfuso expects sales will kick up even more now that people can see what they are getting in a new home starting at $169,900. As such, Valley Blossom ...
Manteca builder showcasing energy-efficiency
For several years, K. Hovnanian Homes has responded to its customers with higher levels of energy-efficiency and green technology in new homes. The builder has been a proactive force in the industry, pursuing new research, pushing initiatives and educating homeowners about living energy-efficient and earth-friendly lifestyles.
Transfer ownership without tax bite?
DEAR BENNY: If I buy a house outright for my aunt for $459,900 (fair market value), what is the best way for me to transfer ownership to her without tax consequences? I know that the gift tax exclusion is now $13,000. I'm not married and neither is my aunt.
Creating versatile living spaces for today’s families
With the active and bustling lifestyle families lead, it is no surprise that they frequently change the way they interact with, and in, their living spaces. Different stages of life call for different living spaces. Most homes are not equipped to offer this versatility. Outfitted with traditional swinging doors that squander space, standard-width doorways offer limited accessibility and restrictive living areas.
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.
Underwater? Not a big deal unless you are treading water
Home prices aren't going to go up again. Bet you've heard that line. It's typically uttered by people who believe it makes no sense to buy a home, someone who is stewing over the fact they've lost equity, or someone trying to tell someone else that they are "stupid" to stay in a house that is "underwater" even though they can still make the payments. Those eight words aren't uttered by everyone but for the ...
Have short sale lien holders been naughty or nice this year?
Even Santa is surprised by the behavior of banks. As the end of the year approaches it would do us well to analyze the behavior of the banks. Short sale lien holders have caused many homeowners and real estate agents both grief and joy throughout the year. We have all heard the stories and unfortunately some of us have been on the receiving end of their "gifts". These wonderful packages sometimes come wrapped up in ...
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 ...
Articles by Section - HOME SCENE
Sales of bank-owned homes hit 5-year low in 1st quarter
LOS ANGELES (AP) - Sales of bank-owned homes have plunged to a five-year low, the latest evidence that the nation's foreclosure woes are easing as the U.S. housing market recovery gains momentum.
Are we in a real estate market recovery?
Real Estate Boys: I keep reading that the real estate market is booming again. Time magazine, the newspaper from our north, TV and radio news are all reporting to get "in now, the market is heating up across the nation." Wasn't it just a short year ago you Boys, and it seemed everyone else, was reporting that maybe we haven't seen the bottom yet? Then in late in 2012, "Well, we've bottomed out, but the ...
Rebounding home prices help regain some household wealth for families
WASHINGTON (AP) - The average U.S. household has a long way to go to recover the wealth it lost to the Great Recession, a report by the Federal Reserve Bank of St. Louis concluded Thursday.
Home prices rise 10.9 percent, largest jump in almost 7 years
WASHINGTON (AP) - U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006. A growing number of buyers are bidding on a tight supply of homes, driving prices higher and helping the housing market recover.
Smart, stylish renovations for any age
Most Americans over 50 want to stay in their home as they age, but few are making the renovations they need to ensure easy and comfortable living for years to come.
Eight easy ways to organize - and maximize - a small bath
The bath serves a variety of uses, from a functional room to a serene sanctuary, a storage facility to a salon. And, whether you enjoy it yourself or share with the family, every bathroom is in need of one major thing - organization. To help keep your bath feeling more serene and less insane, follow these eight ideas to help improve your organization, maximize space and even add a bit of style.
Go-big upgrades that can help a lingering home sell
Everyone knows spring and summer are the best months in which to sell a home. If your house has lingered on the market, you may be eager to find ways to freshen its appeal for potential buyers. Perhaps you're even ready to go big and invest in upgrades that will improve the home's value, curb appeal and interior allure so much that potential buyers just won't be able to walk away from it.
Sales of bank-owned homes fell in 1Q
FORECLOSURE SALES: Foreclosure tracker RealtyTrac Inc. says 190,121 U.S. bank-owned homes or properties in some stage of the foreclosure process were sold in the first quarter. That's down 18 percent from the previous three months and 22 percent from a year earlier.
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