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.
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?"
Every market is different.
Are short sales good for Realtors and bad for homeowners?
Why go with a foreclosure where you have to spend upwards of $30,000 to update it when you can find a similar home placed on the market by an owner who is not under duress that already has the upgrades in plus has a swimming pool and is in move-in condition?
If you have a FHA insured loan - and virtually all first-time buyers who have purchased homes in Manteca during the last three years have them - you might just want to take advantage of the one-time ability to streamline your loan.
WASHINGTON (AP) - The Obama administration is extending for another year a program aimed at helping people struggling to avoid foreclosure on their homes, Treasury Secretary Jacob Lew said Thursday.
More than 40 percent of homeowners plan to update their homes in the next two years, according to the latest Houzz & Home Study. Of those who plan to remodel, 78 percent cite their motivation as improving the look and feel of the space.
Investing in home improvements is a smart idea when you're thinking of putting your home on the market. So where is the best place to spend your money?
WASHINGTON (AP) - Average U.S. rates on fixed mortgages declined this week, hovering near historically low levels.