Roseville Real Estate: One bedroom homes in Roseville/Rocklin corridor have a rent of $820 per month and $813 per month is paid by Section 8 to property management organizations in Sacramento. Roseville/Rocklin’s homes with one bedroom have an average area of 750 sq. ft and there exists about 700 rentals.

Two bedroom rentals in Roseville/Rocklin corridor possess a rent of $1010 per month and property management organizations in Sacramento are being paid $992 per month by Section 8. The average two bedroom rentals possess an area of 1001 sq. ft. There are over eleven hundred (1100) su... Read more

Real estate events have been quite closely watched in these fluctuating times and there has been considerable improvement on the market conditions that is favoring the buyer this quarter.

While searching for the right place to settle in, do make a thorough search on the Homes for sale section of real estate websites. Community information of the various counties in CA including Sacramento, Roseville, Elk grove, Placerville, Yuba city through the various community pictures provide the needed information on the events that take place there which are displayed in various dedicated websi... Read more

Certified Distressed Property Expert- Linda Hess

LINDA HESS of GREATWEST GMAC REAL ESTATE, 2235 Douglas Blvd.#520, Roseville, Ca. has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when the area is ravaged by “distressed” homes in the foreclosure process.


Short sales allow the cash-strapped seller to repay the mortgage at the price that the home sells for, even though it is lower than what is owed on the property.... Read more

Home Front: Quarterly home sales worst yet for Sacramento area

Sacramento-area home builders just keep singing the blues.

July, August and September brought their worst quarter yet in this long housing crash: just 616 sales in El Dorado, Placer, Sacramento, Sutter, Yolo and Yuba counties, the Folsom-based Gregory Group reports today.

Actually, nearly all the region’s sales were in Placer and Sacramento counties alone. The suburban cities of Placer County accounted for 44 percent of third-quarter sales of new homes in the region. Sacramento County’s outer... Read more

California bill would extend tax credit on new homes

A popular state tax credit of up to $10,000 that helped sell hundreds of new houses throughout the Sacramento region earlier this year appears to be coming back.

A plan to extend the state tax credit to another 4,285 buyers of new, unoccupied homes in California – possibly as many as 500 in the capital area – is expected to receive a vote in the Legislature by Friday’s end of the session.

The buyer tax credit began March 1 and unexpectedly sold out by July 2 as many first-time California buyers combined... Read more

Suburban Sacramento land rush? Big homebuilders buy up ’finished’ lots


By Jim Wasserman
jwasserman@sacbee.com

http://www.sacbee.com/topstories/story/2108559.html


Sacramento’s new-home sales are still down and out, but some capital-area builders are betting money that the region’s suburbs will soon resume their growth boom.

They’ve begun snapping up ready-to-build home lots at prices ranging from $25,000 to $67,000, setting the stage for a new suburban land rush.

The phenomenon suggests that a real estate... Read more

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.

These things happen. But the regional sales tally was the lowest since January, when builders sold 163 homes, reported the CBIA, a trade group for state homebuilders.

It rather flies in the fac... Read more

Sacramento-area home sales fall for 1st time since April 2008

By Jim Wasserman
jwasserman@sacbee.com

http://www.sacbee.com/business/story/2033127.html

The 14-month streak is over.

Sacramento-area home sales reached their highest monthly count yet this year in June. But with fewer bank repos on the market, they failed to beat the numbers from June 2008, according to new statistics released Thursday from researcher MDA DataQuick.

It was the first time since April 2008 – when year-over-year figures turned positive after three years of declines – ... Read more

Mortgage defaults spread as even ’safe’ borrowers falter

By Jim Wasserman and Dale Kasler
jwasserman@sacbee.com

http://www.sacbee.com/business/story/2017811.html

The mortgage default crisis has an ominous new face. It’s your neighbor with a traditional fixed-rate loan.

No longer is the real estate bust simply the result of exotic, subprime loans that doubled payments and blew up in homeowners’ faces. As the Sacramento economy buckles, even the safest mortgages have become part of a new wave of loan defaults, experts say.
Read more

Use of short sales on rise in Sacramento housing market

By Jim Wasserman
jwasserman@sacbee.com

http://www.sacbee.com/business/story/1933643.html


For years real estate agents have steered buyers away from "short sales," labeling them a mind-numbing, difficult experience that could exhaust the patience of the biblical Job.

Now buyers can hardly avoid them.

"When it’s 50 percent of the inventory you don’t have a choice," said Scott Williams, a Roseville-based ReMax broker. Williams specializes in a complex transaction that may be... Read more

Bold business owners get in position early for economic upswing

ShareThisBy Dale Kasler
dkasler@sacbee.com

Published: Sunday, Apr. 19, 2009 - 12:00 am | Page 13A
http://www.sacbee.com/business/story/1791340.html

From retailing to real estate and beyond, some businesses are starting to gear up for the next economic growth cycle.

In the face of an epic slump in consumer spending, Dimple Records is nearly doubling the size of its flagship store in Sacramento. Auto dealer George Grinzewitsch Jr. just built a $22 million Mercedes-Benz dealership in Roc... Read more

Home Front: Fewer empty new homes means supply, demand in balance

ShareThisBy Jim Wasserman
jwasserman@sacbee.com

Published: Friday, Apr. 10, 2009 - 12:00 am | Page 1B
The first quarterly report on new-home sales in the Sacramento area during 2009 is in – and there’s one good sign amid a new low of 699 sales in January, February and March.

Excess supply – houses built or almost built without buyers – are back to lows last seen in mid-2004 and early 2005, the height of the buying frenzy.

The tally as March ended was 1,159 empty houses in El D... Read more

No bids at foreclosure auctions for Cal Neva Tahoe

ShareThisBy Dale Kasler
dkasler@sacbee.com

Published: Wednesday, Apr. 8, 2009 - 4:06 pm
Last Modified: Wednesday, Apr. 8, 2009 - 4:32 pm
Unable to find a buyer for the ailing Lake Tahoe casino once owned by Frank Sinatra, the resort’s reluctant owner said it will keep the place open anyway.

The Cal Neva went up for sale Wednesday at dual courthouse auctions in Roseville and Reno, but there were no bids. The 83-year-old property lies in both California and Nevada, on Tahoe’s north shore.
... Read more

On the Move

ShareThisPublished: Monday, Apr. 6, 2009 - 12:00 am | Page 5B
Last Modified: Monday, Apr. 6, 2009 - 7:28 am

Roseville

Paula Nelson of Rocklin has joined Coldwell Banker Sun Ridge Real Estate as a broker associate. She will work with residential buyers and sellers from the company’s Roseville and Lincoln offices.

New York Life Insurance Co. has named Steven R. Kaneski of Roseville its council president, an honor bestowed annually for the New York Life agent with the nation’s highest sales and service achievements. A New York Life ... Read more

GreatWest GMAC Real Estate is announcing the association of Saundra Battaglia, as the Manager of their office in Yuba City.

Saundra Battaglia has significant real estate experience, beginning in 1985. In the past she has owned and operated Red Carpet franchises in Yuba City and Colusa. And, was associated with Stromer Realty. She has a background in farm/land sales, residential sales, office management, recruiting and training.

In addition, GreatWest GMAC has recently welcomed a number of experienced and new real estate professionals to their offices in Sacramento, Rosevi... Read more