Manteca Real Estate News
Real Estate news for Manteca, CA continually updated from thousands of sources.
Saturday | via The San Diego Union-Tribune
Short of troops to fight in Iraq and Afghanistan a decade ago, the California National Guard enticed thousands of soldiers with bonuses. Now the Pentagon is demanding the money back. Comment?
Saturday Oct 22 | via RedState
This is the kind of story that makes your blood boil. In California, thousands of soldiers who reenlisted during wartime to fight in Iraq and Afghanistan were given reenlistment bonuses for doing so. Comment?
Friday Oct 14 | via RecordNET
SACRAMENTO - A Modesto real estate agent is suing San Joaquin County for $30 million over the approval of gravel quarries in the Vernalis area south of Tracy. Roger Towers filed the lawsuit in United States District Court on Tuesday, claiming the county has failed and refuses to comply with California planning and zoning law with regards to its General Plan 2035. Comment?
Sep 15, 2016 | via ClayCord.com
Two Bay Area residents were among 10 people sentenced Monday for mail fraud and rigging bids at public real estate foreclosure auctions in San Joaquin County, according to the U.S. Department of Justice. San Francisco resident Walter Olmstead was sentenced to eight months in prison and ordered to pay about $30,000 in restitution to his victims, while Danville resident Robert Rose was sentenced to pay a $100,000 criminal fine and about $24,000 in restitution to his victims. Comment?
Sep 14, 2016 | via KRON 4
Two Bay Area men were among 10 other people sentenced on Monday for rigging bids at public real estate foreclosure auctions and mail fraud in San Joaquin County, the U.S. Department of Justice said. Walter Olmstead, of San Francisco, was sentenced to eight months in prison . Comment?
15 hrs ago | via GlobeSt.com
Attorneys Ruben Conitzer and Joseph M. Sternberg explore the tax policies of Hillary Clinton and Donald Trump to assess the likely impact on real estate. Get alerted any time new stories match your search criteria. Comment?
Sunday | via CBS News
Nearly 10,000 California National Guard soldiers have been ordered to repay huge enlistment bonuses a decade after signing up to serve in Iraq and Afghanistan, a newspaper reported Saturday. The Pentagon demanded the money back after audits revealed overpayments by the California Guard under pressure to fill ranks and hit enlistment goals. Comment?
Thursday Oct 20 | via Inside Bay Area
The Richmond City Council wants to charge homeowners the highest property transfer tax rate in the state, nearly 15 times what most Californians pay. Measure M on the Nov. 8 ballot would grab homeowners' hard-earned equity to compensate for Richmond officials' inability to competently manage city finances. Comment?
Wednesday Oct 19 | via Business Wire
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Wednesday Oct 19 | via San Diego Reader
The median price for a single-family home in San Diego County at the end of 2016's first quarter, according to the California Association of Realtors, stood at just over $554,000. Assuming you've got access to a 20 percent down payment, sterling credit to qualify for a top-tier loan, and minimal other debt, it would require a household income in excess of $110,000 to afford such a property. Comment?
6 min ago | via Bloomberg
Swedbank AB's profit jumped 23 percent in the third quarter, exceeding analysts' expectations, as Sweden's biggest mortgage lender generated more revenue while keeping impairments in check. Net income in the three months through September reached 4.82 billion kronor , compared with 3.93 billion kronor a year earlier, the Stockholm-based bank said on Tuesday. Comment?
7 min ago | via Times-Standard
A prominent Measure V supporter who had been at the forefront of the campaign confirmed on Monday that she had sent an email earlier this year offering to drop out of the movement to establish rent control at mobile home parks in unincorporated Humboldt County in exchange for the purchase of a $100,000 double-wide by her park's owners. A copy of the Jan. 23 email from Hilary Mosher, sent anonymously to the Times-Standard on Friday, was initially met with a refusal to comment. Comment?
17 min ago | via Dr. Housing Bubble Blog
The rise of the out-of-state mom and pop investor: New companies seek high income coastal buyers for out-of-state investment properties. It appears that rental Armageddon has now gone mainstream. Comment?
19 min ago | via The Washington Post
Genworth Financial Inc., the mortgage guarantor and biggest U.S. seller of long-term care coverage, plans to return to private ownership under a deal announced Sunday to sell itself to China Oceanwide Holdings Group Co. for $2.7 billion. Comment?
27 min ago | via Reuters
Oct 25 A potential U.S. interest rate hike in December will have limited impact on the yuan, People's Bank of China chief economist Ma Jun told reporters on Tuesday. Ma, at a lunch with a small group of foreign reporters, said the yuan was under depreciation pressure ahead of the expected Federal Reserve rate hike, but may recover when rates are actually raised. Comment?
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