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Central Valley foreclosures continue to drop

Central Valley foreclosures continue to drop

IRVINE – CoreLogic, a company that tracks real estate trends, released data showing foreclosures in Modesto and Stockton-Lodi continue to decline.

According to the company, foreclosures among outstanding mortgage loans in Modesto was 0.57 percent for April 2015, a decrease of 0.19 percentage points compared with April 2014 when the rate was 0.76 percent.

In the Stockton-Lodi area, foreclosures among outstanding mortgage loans was 0.62 percent for April 2015, a decrease of 0.24 percentage points compared with last year.

Both cities were below the national average of 1.33 percent, but above the state average of .51 percent... Read More

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Stockton Metro Aiport: big changes!

Stockton Metro Aiport: big changes!

Stockton Metropolitan Airport (SMA) Director Harry Mavrogenes outlined recent accomplishments and projected improvements at the facility to the San Joaquin Partnership Board of Directors this morning during its regular monthly meeting in Stockton.

Mavrogenes said there are four critical growth areas for the SMA:

1.Grow and promote existing air passenger service

2.Bring a domestic airline that will link Stockton with a major hub airport

3.Promote the creation of international service

4.Develop air cargo as a viable business

Fewer homeowners underwater in mortgages

Fewer homeowners underwater in mortgages

The housing market continued its recovery as CoreLogic, a leading global property information, analytics and data-enabled services provider, released a new analysis showing 254,000 properties regained equity in the first quarter of 2015.

Nationwide, nearly 90 percent of mortgaged residential properties, approximately 44.9 million, now have positive equity. Just over 5.1 million properties, approximately 10.2 percent, still have negative equity meaning owners are upside down or underwater in their mortgages.

Locally the numbers aren’t quite as good. The company’s statistics indicate that 15.3 percent of homeowners in the Stockton-Lodi area ... Read More

Community Sponsors

Combining the Best of East & West in the Art & Science of Healing
For All Your Septic Needs!

The Campus nearly ready to open

The Campus nearly ready to open

STOCKTON — Stockton’s new childcare center, The Campus, is close to opening in downtown Stockton. The community was invited to tour the center Monday evening.

When The Campus opens Aug. 12, it will be equipped to serve 65 children between the ages of 18 months to 4 years.

The Campus is the brainchild of Megan Cort, wife of developer Zac Cort, who is seeking to breathe new life into downtown Stockton with housing and commercial development. The Campus is located in the renovated Newberry Building at 123 North Sutter St... Read More

Delta College Citizens’ Oversight Committee 2013/14 Annual Report

Delta College Citizens’ Oversight Committee 2013/14 Annual Report

Delta College’s Citizens’ Oversight Committee (COC) has released its Measure L Bond 2013/14 Annual Report. The COC is responsible for reviewing expenditures related to the College’s
$250-million Measure L general obligation bond, which was approved by voters on March 2, 2004.

The Citizens’ Oversight Committee consists of at least nine members. Committee members must reside in the San Joaquin Delta Community College District, be 18 years or older, and may not be an employee, vendor, contractor or consultant for the District.

Committee responsibilities include: reviewing quarterly expenditure reports produced by the District; informing the public concerning the District’s expenditure of bond proceeds, and presenting an annual report to the Board of Trustees.