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Home prices up in Stockton, Modesto

Home prices up in Stockton, Modesto

STOCKTON — Home prices in Stockton and Modesto rose year over year in August, according to property information company Core Logic. In the Stockton-Lodi area, home prices, including distressed sales,…

Foreclosures, delinquencies continue to shrink in Central Valley

Foreclosures, delinquencies continue to shrink in Central Valley

IRVINE — Foreclosure rates continue to sink across the Central Valley, according to real estate tracking firm CoreLogic. The foreclosure rate in Modesto stood at 0.40 percent in July, down 0.13 percent…

Rabobank offers new mortgage program to low-income customers

ROSEVILLE — Rabobank is trying to make it easier for low- to moderate-income customers to get a mortgage. The bank has developed the new HomeReady mortgage product, which provides greater…

Valley home prices rising faster than national average

Valley home prices rising faster than national average

MODESTO — The price of a home has risen 10 percent in Modesto over the past year, according to property information company CoreLogic. In Stockton, home prices have risen 9.7…

Central Valley real estate among nation’s hottest markets

The Stockton-Lodi and Modesto markets were two of the hottest real estate markets in the country in August according to realtor.com. The Stockton-Lodi market stayed at No. 5 from July, nationally.…

Home foreclosure, delinquency rates dropping in Central Valley

MODESTO — Foreclosure rates continue to drop in the Central Valley. Modesto saw its rate drop to 0.41 percent of all mortgages in June, down 0.17 compared to one year…

Soaring home prices sends affordability down across California

Soaring home prices sends affordability down across California

LOS ANGELES — Home affordability weakened in California in the second quarter of 2016, according to the California Association of Realtors. According to the Traditional Housing Affordability Index, 31 percent of…

Cash home sales continue to drop across valley, nation

Cash home sales continue to drop across valley, nation

Cash sales of homes continue to drop as the housing market continues to improve from the crash that sparked the Great Recession. Cash sales accounted for 31.6 percent of sales…

Pending home sales continue annual gains

Pending home sales continue annual gains

LOS ANGELES — Pending home sales continue to rise according to the California Association of Realtors. The group’s statistics showed that pending sales were up in June, marking the third…

Ground broken on new industrial facility in Tracy

TRACY — Less than a year from now Tracy will have another building to further cement its reputation as a logistics center. Commercial developer DCT Industrial held a groundbreaking ceremony…