Real Estate Blog

Placerville makes way for the latest “evil knevils” of their time with the Placerville speedway catching momentum this year. This event normally conducted at El Dorado County Fairgrounds on a quarter mile oval. There is news of newly built cars and admission for sneak preview will happen later in the month. Apart from the speed racers, the kids also get bicycle races and other categories of races...

Real estate is a very competitive industry where property marketing plays a very important role. Real estate professionals usually consider property marketing as just looking out for clients by placing ads on advertising sites, distributing brochures or newsletters. However, the act of property marketing in real estate has more than just advertising. As a real estate agent you must ensure that you...

Gone are the days when people would travel to different cities or countries to just attend a meeting. We now live in an era where we can communicate with a person at the other end of a video screen. It is the era of video conferencing and video communication. A video clipping explains the scene better than hundred words.
Internet plays an important role in video communication. The most famous...

Located in the region of mild Mediterranean climate dominated by wet, cold winters and dot, dry summers, Yuba City was home to the Maidu people until 1800s. But in the beginning of 1800s Yuba City saw the Maidu people encountered by the Mexicans and Spanish. The ‘Gold Rush’ in 1848 saw small establishments along the Yuba River. Yuba City got its first county seat in 1856. This region is also call...

This is a great article about a huge solar project in Sacramento. Enjoy.
By Jim Downing
jdowning@sacbee.com


Published: Thursday, Nov. 12, 2009 - 12:00 am | Page 8B


The roof of a North Sacramento plastics factory will host the biggest West Coast installation of a new type of solar panel.

The technology, built by Fremont’s Solyndra Inc., uses racks...

Date: November 11, 2009



To: GMAC Real Estate Sales Associates

From: Graham Badun, Managing Partner & CEO, Brookfield Residential Property Services



Re: GMAC Real Estate to be Re-branded ‘Real Living’



I am very pleased to let you know that Brookfield Residential Property Services has acquired Real Livi...

Recession’s over, but it doesn’t feel that way in capital area

It looks like the longest U.S. recession since the 1930s is over.

So why doesn’t it feel that way?

After four quarters of shrinking, the nation’s economy – as measured by its gross domestic product – grew 3.5 percent in the third quarter, the Commerce Department reported Thursday.
...

Hats are off today to Sacramento’s Michael Choe, 43, a supervising engineer with the state Department of Toxic Substances Control. This week he earned his second appearance in Time magazine since 2005 – for making good calls in this crazed real estate market.

Choe sold high in 2004.

He rented for four years.

He bought low in 2008.

As the housing crash con...

Troubled homeowners wrestle with loan holders

By Kevin G. Hall

http://www.sacbee.com/business/story/2111186.html?storylink=pd

WASHINGTON – Nearly three years into the deepest U.S. housing slump in generations, lenders are modifying only a small number of problem mortgages, and rising foreclosures are restraining the economy’s recovery.

The Obama administr...

August 10, 2009
Bad June swoon for Sacramento-area homebuilders

http://www.sacbee.com/static/weblogs/real_estate/

Ouch! Homebuilders in Sacramento, El Dorado, Placer and Yolo counties reported their second worst sales month of 2009 in June, selling just 197 homes, condominiums and townhouses, the California Building Industry Association reported about an hour ago.

Th...

Construction: New land deals seen

By Jim Wasserman
jwasserman@sacbee.com

http://www.sacbee.com/business/story/2080102.html?storylink=pd

The real estate market isn’t cured yet, but several indicators suggest that it is beginning that long, slow and greatly anticipated climb out of intensive care.

If so – and if the patterns continue – the market here ...

Home Front: How assessor slashes property values

By Jim Wasserman
jwasserman@sacbee.com

http://www.sacbee.com/business/story/2014910.html

This week the Sacramento County Assessor’s Office – and more like it across the great foreclosure belts of California – chopped property values again on nearly everything built in the housing boom.

The value slash...

Small banks start feeling financial stress

By Charles Piller
cpiller@sacbee.com


http://www.sacbee.com/topstories/story/2000836.html

At first, the Sacramento region’s small, business-oriented community banks appeared to have sidestepped the plight of banking titans that staggered under the burden of home mortgage defaults. Now some are showing signs of st...

Home Front: Despite programs meant to help, many homeowners still frustrated

By Jim Wasserman
jwasserman@sacbee.com

http://www.sacbee.com/business/story/1978579.html


Day in and day out since 2007, callers who struggle with mortgages throughout the Sacramento region, those who can’t sleep for worrying, who want to stay with houses that have lost $150,00...

Waiting game on low mortgage rates backfires

By Mark Glover
mglover@sacbee.com


http://www.sacbee.com/business/story/1903523.html


Sacramento-area homeowners and prospective first-time homebuyers might be wondering: Did we miss the boat on mortgage rates?

The short answer from experts is: Probably, but rates are still very attractive.

For ...

Home Front: European media want close-ups of capital-area housing crash

By Jim Wasserman
jwasserman@sacbee.com


http://www.sacbee.com/736/story/1883525.html

Europeans are making Sacramento a regular stop on media expeditions to the housing crisis that has been pounding their banks.

This year, Home Front has received inquiries from a Swiss newspaper, a ...

Fannie Mae and Freddie Mac’s new rules are raising appraisal costs, critics say

http://www.latimes.com/classified/realestate/news/la-fi-harney17-2009may17,0,5903005.story

The rules, intended to improve the accuracy of home valuations, push most large lenders to use third-party appraisal management companies.


Reporting from Washington -- How about this scenario...

Snag a great deal on a short sale
Short sales - where a lender agrees to take less than it’s owed on a mortgage - are rising sharply. Here’s how you can profit.
Source: CNNmoney.com



(Money Magazine) -- When Brian Gavitt, a physician, and his wife Gayleen, a stay-at-home mom, started to eye homes in Sacramento last winter, they knew they were looking in the ha...