The average sales price of homes in Yuba City CA for the month of Sep 09 to the month of Nov 09 was $165,000. This shows an increase of 3.1%, or $5,000, from the previous quarter. There was a decline of 6.8% compared to the year 2008. Sales prices have depreciated at a drastic rate of 38.2% during last five years in Yuba City.

It was found that the average list price for a Yuba City home on sale was $266,086, week ending Jan 13th; this is clearly a decline of 1.2%, or $3,107, compared to the decline of 4.7% during the previous week. The price per square foot on an average in Yuba Cit... Read more

Investing in real estate has been a booming business from many years. With many homes for sale in Elk Grove, you are sure to find homes that will suit your necessities and finances. Irrespective of the purpose of investment you want to make, you will need a plan. Especially when you are investing on a home with the intension of living in it, the planning must be effective and complete before you begin the investment.

When you want to make a serious investment on the homes for sale in Elk Grove, you will need sufficient time before you move to find a suitable home and negotiate a good ... Read more

Recession has had its impact on real estate too. The real estate market is now struggling in many areas of the country. The real estate agents and brokers have realized the importance of being a financial planner in accord to being a sales person. Traditional approaches to the current market do not have its stand in the global real estate market. With real estate transactions going online, agents are seeing themselves in new levels with professionalism and customer service. In such a situation, real estate agents are to be high on heels with technology.

The easy access to information... Read more

Investment in real estate is said to be the safest form of investment any individual can make. Having found your dream home with the help of a real estate agent, you are all set to buy it. But wait! Are you warned about the risks involved in investing in real estate investment? Here are a few points that you need to before making your bid on the property.

Getting a ‘real’ real estate agent:
With many agents in the market, finding an agent who has the best deals to offer at the best property is difficult. With real estate going online, the reach of agents to clients has grown over... Read more

The golden city of Sacramento, California, is has a vibrant past. The recent government program, 2-1-1 Sacramento, provides the citizens with information about all the government services available to them. 2-1-1 Sacramento addresses various community services including housing, education, medicine, employment, finance, schools, children and women health and food programs and many more.

The culture, sports, music and arts in Sacramento is unique in its own way. The presence of theatres, museums, sports fields and constant opportunity for artists and sportsmen to display their skills, ... Read more

Ask the Experts: Do your homework on reverse mortgages

Our three new "Ask the Experts" writers have been busily answering financial questions this month from online readers.

Here’s a sample of their advice on personal finance, wills/estates and investing.

To see more questions or to get advice from our other financial experts on taxes, banking and investment clubs, go to: www.sacbee.com/ask.


Pamela Christensen, Certified financial planner

I expect to retire in about four years and will have a small Sacramento County retirement. We also h... Read more

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 stress.

Gold Country Bank in Marysville has become the weakest bank of its size in California – below 98 percent of similar banks nationwide, according to Bankrate.com, a leading independent ev... Read more

Fed says more banks tighten home loan standards

By JEANNINE AVERSA
AP Economics Writer
http://www.sacbee.com/830/story/1832585.html


WASHINGTON -- A larger share of banks has made it more difficult for people to obtain home mortgages over the last three months even as demand has grown, the Federal Reserve reported Monday.

The Fed’s new quarterly survey found that about 50 percent of U.S. banks tightened their lending standards on prime mortgages, up from about 45 percent in the survey issued in early February.

Meanwhile, 65 percent of ban... Read more

With Easter swiftly approaching, perhaps it is a good time to remind that it isn’t always a good idea to put all one’s eggs in the same basket - Whether it’s real eggs; or investment and financial eggs.

The expression "Don’t put all your eggs in one basket" generally means not risking the loss of everything by placing all your financial investments or future goals on one and only one option.

The perils of putting all your eggs in one basket ought to be obvious once the basket falls off the wagon, or experiences some unfortunate event. Wherever the bask... Read more

Many consumers consider selling their home directly but eventually turn to REALTORS®. Smart home sellers realize they need the expertise in pricing their home, making connections with REALTORS® working with buyers, arranging and staffing open houses, and coordinating with other professionals in the sales process.

Only about half of all real estate agents are REALTORS® -- the top half, in our not-so-humble opinion. REALTORS® work independently, for small agencies, or for large brokerages. They help people buy and sell residential or commercial properties, vacation homes, and land; they... Read more

Why Use a REALTOR®


Many consumers consider selling their home directly but eventually turn to REALTORS®. Smart home sellers realize they need the expertise in pricing their home, making connections with REALTORS® working with buyers, arranging and staffing open houses, and coordinating with other professionals in the sales process.

Only about half of all real estate agents are REALTORS® -- the top half, in our not-so-humble opinion. REALTORS® work independently, for small agencies, or for large brokerages. They help people buy and sell residential or commercial propertie... Read more