Four years ago this month only one home sold for less than $300,000 in Manteca.
Fifteen years ago, the average home on the resale market in Manteca closed escrow at $125,000. It was $390,000 in 2005. The market peaked at $413,000 in 2006. Today the average closing price in the Manteca resale market is $178,044.
Now that it is clear the tsunami known as the mortgage meltdown has swept through the Manteca housing market it is safe to start thinking about long-term recovery.
Tired of looking at homes in less-than-move-in condition?
You can own your own home in Manteca for less than $550 a month and not have to sink a lot of money into the foreclosure you're buying.
Why, the reader asked in an e-mail, are you still in your home if you paid $189,900 for it in March 2008 and the assessor says it is worth only $102,000 as of Jan. 1, 2009?
Two years ago this month there was a record 625 resale homes available in Manteca, Ripon, and Escalon. Of those, more than 250 were foreclosures including almost 180 in Manteca.
Four years ago it wasn't unusual for a mobile home in a park like Manteca's El Rancho Estates to sell for $180,000.
Editor, Manteca Bulletin,
The median resale price of a home today in Manteca is $176,250.
Are you making at least $9.60 an hour at a 40-hour-a-week job to generate a gross annual income of $20,000?
Buyers are coming over the Altamont Pass again.
There are those who are still in denial that their homes are no longer the equivalent of a Bureau of Engraving printing press.
Some of the most energy efficient homes in the Central Valley are now being built in Manteca.
The South County real estate market is beginning to look more and more like a bad sequel to the 1963 treasure hunt farce entitled "It's a Mad, Mad, Mad, Mad, World."
When spring-cleaning uncovers a worn floor it may be time to consider purchasing a new one, especially if you're selling your home in the near future. A new floor, like refreshed paint and updated fixtures, makes a home more enjoyable to live in as well as more marketable.
Can you imagine a museum without paintings? Technology has impacted society in countless ways but many overlook its impact on the arts. The very phrase "the arts" might evoke images of oils, watercolors or sculpture but technology is inspiring a whole new generation of artists who are using new mediums to create their masterpieces.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages edged up slightly this week, remaining near historically low levels.
Selling or staying, it makes no difference - everyone wants a home that looks great from the curb. Curb appeal comes together when all the elements of a home's facade are in good shape and working together. Driveways that are cracked or pitted with potholes, dingy front doors and other seemingly minor complaints like a shabby, scuffed mailbox, can all significantly detract from a home's overall curb appeal.
The largest residential development in Manteca history - and one that is slowly changing the city's demographics – is the progression of an idea launched 58 years ago by a Fresno native.
Conventional wisdom holds that in order to achieve a custom look in your home decor you either have to spend a bundle hiring professionals, or invest countless hours of hard work doing it yourself. In the Internet age, however, it's easier than ever to achieve the look of custom home decor without the expense or hassle of traditional methods.
Whether you're staying in place or planning to take advantage of an improving real estate market to sell your home, spring and summer are upgrade seasons. From adding a bathroom to creating an outdoor kitchen, certain improvements pay off for both homeowners who are selling and those who are staying. And while plumbing challenges, such as breaking through concrete or opening walls, may discourage some people, savvy homeowners know a tried-and-true option solves such problems.
Savvy interior designers know that items that are both fashionable and functional are in high demand. One of the best examples of a stylish, hardworking home fixture is also one of the most overlooked: the ceiling fan. In 2014, more homeowners are realizing the potential this classic technology has not only on their comfort levels, but also on their interior's design aesthetic.
One of the first questions new empty nesters face is: what do we do with the nest? Some are eager to downsize and sell. Others like where they live and choose to stay put.