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Moving up to The Island
Third of RI buyers from Manteca, Lathrop
RIVERISLANDS9 3-7-14
New home construction is picking up at River Islands at Lathrop. - photo by HIME ROMERO/The Bulletin
River Islands at Lathrop sales are picking up steam.Last weekend the four builders each sold two homes apiece. That brings the number of homes sold to date to just over 300.But the big surprise for Susan Dell’Osso, the project manager for the 11,000-home planned community, is who is buying the homes.A third of the purchasers are move-up buyers from Manteca and Lathrop, a third are from Mountain House and Tracy, and the remaining third are Bay Area buyers.“It’s great,” Dell’Osso said. “Not only that it is the local buyers (Manteca, Lathrop, Tracy, and Mountain House) that are buying the more expensive homes while Bay Area buyers are buying the less expensive models.”The expectation was that Bay Area buyers would make up the bulk of the buyers.Currently River Islands sales are leading home sales in the South County.In Manteca, the city’s two leading traditional single family home builders — Raymus Homes and Atherton Homes — have virtually sold out of existing lot inventory and are getting ready to break ground on new lots.
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Budget busting in Sacramento: $14B in medical coverage for illegal migrants
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The app for the “This is Gavin Newsom” podcast.
The Associated Press calls them immigrants without legal status. A lot of people call them illegal immigrants. Whether you say tomato or “tomatoe”, it is one big dilemma.
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