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Housing sales in Tracy area due to affordable prices, booming industry

Housing sales in Tracy area due to affordable prices, booming industry

By Patricia Reynolds Business Journal Writer TRACY — The City of Tracy is experiencing a recent boom in its housing market. The surge in resold home prices and development of…

Industrial space tightens in SJ County

Industrial space tightens in SJ County

STOCKTON — San Joaquin County will continue to see industrial prospects migrating east thanks to record-low vacancies in the Bay Area, according to a report from Colliers International. In fact,…

Feel lucky? Modesto nonprofit raffling office building

Feel lucky? Modesto nonprofit raffling office building

MODESTO — The nonprofit education group, AgSafe, plans to sell its building in an unconventional way. It’s going to hold a raffle. “One of our board members actually came up…

Foreclosures down nationwide

Foreclosures down nationwide

IRVINE — The nation’s foreclosure inventory was down 30 percent in December from the year before, according to real estate data company, CoreLogic. Stockton, which used to lead the country…

Stockton remains among hottest housing markets

Stockton remains among hottest housing markets

STOCKTON — Stockton still ranks among the hottest residential real estate markets in the country, according to Realtor.com. The market ranks ninth nationwide among markets where homes are moving fastest.…

Commercial real estate insiders say the market’s got its groove back

Commercial real estate insiders say the market’s got its groove back

STOCKTON — Like much of the rest of the economy, the commercial real estate market has been slow to rebound from the Great Recession. However, the market appeared to find…

Trump administration suspends FHA insurance rate cut

One of the first acts of Donald Trump’s administrative after assuming the presidency Friday was to suspend a pending rate cut for mortgage insurance on FHA-backed loans. The cut, announced…

Stockton has second fastest growing rents in nation

STOCKTON — Stockton apartment rents are the second fastest growing in the country, according to a study from apartment search website Rent Café using data from its sister site Yardi…

Distressed real estate sales at their lowest point since 2007

Distressed real estate sales at their lowest point since 2007

LOS ANGELES — The percentage of cash home sales continues to fall according to real estate tracking firm CoreLogic. Cash sales accounted for 31 percent of all home sales in…

New law encourages more transparency about ADA inspections

New law encourages more transparency about ADA inspections

STOCKTON — Renters of commercial real estate will have added protections, and owners will have more responsibilities, under a law that will take effect in January. The new law, AB…

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