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Homes in California's Central Valley are higher than they should be, report shows
MODESTO — New homebuyers beware! A new report shows homebuyers in Modesto and Stockton, are paying around 30% more for their new homes than what they're worth.The report, done by Florida Atlantic University's College of Business, lists Stockton as the second highest for homebuyers. They are paying around 27% more than the "expected value" of the home. Sacramento ranked 7th, with an over 16% higher price than expected.A home on Kruger Drive is selling for close to the exact average price of a home in Modesto, around $460,000. The expected price is around $350,000 – a more than 30% higher...
Business owner arrested in food truck scam investigation in Stanislaus County
STANISLAUS COUNTY - An investigation into an alleged food truck construction business ends with the owner behind bars, and at least 28 victims losing nearly $1 million in cash.Investigators tell me it took them close to a year to build this case against 28-year-old Fernando Ochoa, the suspect who allegedly scammed over two dozen people.Investigators say they wouldn't put this case in front of a judge unless they felt certain about it. "We gave him $20,000," said Adriana and Nika Nicaron. "It was hard for us." The Nicanors make their living through their food business, Kaji Teppenyaki. They're based in...
Turlock shooting leaves 1 dead, 1 injured, police say
TURLOCK, Calif. — One man has died and another is injured following a shooting in Turlock on Tuesday, according to the police department. The shooting happened in the 700 block of Wayside Drive just before 7 p.m. Multiple shots were fired in the incident. The police department said a...
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