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

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, including your police personnel, will also be conducted keeping the residents glued to all the racing action.

Chuck’s is another interesting spot for the locals and the travelers, which is... Read more

In a time where the G 20 summit has mixed feelings and demands, it is reassuring to know that there are some places in the world where the word ‘environment’ has been revered with serious action. Sacramento, according to the journal, American bicyclist, ranks fourth in the country for bicycle commuting. Business professionals and specialists are claiming that the use of bicycles is more viable than the regular transport for two reasons – pollution free atmosphere and healthier lifestyles.

The New Year has also brought in the hopes of constructing a new sports and entertainment center ... Read more

As a realtor you will want to include photos of the property you market on your real estate websites. This is indeed a very good thought as community pictures play a very important role in marketing the local homes for sale. While capturing the photos for your website, you must take care to get all the basics of photography right. These basic aspects of real estate photography include queries on whether to use autofocus, reflection from flash, use of different digital camera features and the format of photo that will be uploaded. Here is a quick brush up on the important basics of photography…... Read more

Home to the world’s largest dried fruit processing plant and the Sunsweet Grower’s Inc, Yuba City is the county that was born during the days of the Great Californian Gold Rush. With several wineries, Yuba City is now home to 165,000 residents. The Yuba City homes for sale are not difficult to locate. With the current boom in the real estate market, there are plenty of homes for sale. The homes here are priced based on their size and location. There are homes with varied features that suit the needs and finances of every family planning to relocate and buy a property in Yuba City.

Wh... Read more

Sac Town is known for its activities in arts and culture. The art forms seen here are theatre arts and visual arts. The Sacramento Metropolitan Arts Commission established the arts council in 1977. From then on, this council is vigorously providing many programs of art in the city. These programs can be in the form of Arts education or arts at public places. Special programs are also conducted to bring art lovers and pioneers together.

One such program was recently conducted at a church in Sac Town.
On a beautiful Sunday morning in the midtown of Sac Town, a dozen of teenage boys ... Read more

The Sacramento Community Services Planning Council founded the 2-1-1 Sacramento service. This service is free of cost and is available to the residents all days of the week, round the clock! Special services are provided to the disabled. A special feature of this service is that assistance is rendered in many languages. This program is the combined initiative of the Sacramento Commissions for housing, human help, aging agency, courts, security of homeland, employment and emergency services.

The 2-1-1 service database includes over 2,400 registered non profit organizations. The traine... Read more

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 Living Network Services, and as a result will now rebrand GMAC Real Estate as Real Living.

Real Living is a national, award winning company known for its innovation, customer service and track re... 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 misses move-up homebuyers -- they’re staying put

By Jim Wasserman
jwasserman@sacbee.com


http://www.sacbee.com/topstories/story/1959684.html

Almost four years into the real estate crash, a once-thriving sector of the Sacramento-area housing market – the move-up buyer – has become a virtual dead zone that must revive itself for a true recovery to take hold, analysts say.

Even as real estate rocks with enthusiastic first-time buyers and investors – accounting for up to two-thirds of area sales – one expert warns against being f... Read more

Here’s more evidence that the housing market is recovering.

Two major home builders, Toll Brothers Inc. and Hovnanian Enterprises Inc., say their losses were shrinking compared to last year because buyers are coming back to the market.

Other encouraging news came from IHS Global Insight, a research firm, which said home prices fell on average at an annual rate of 2.2 percent in the first quarter in 199 of 330 metropolitan areas. That compares with a 12.5 percent decline in the fourth quarter of 2008 in 312 metropolitan areas.

"While it’s too early to see a bott... Read more

The Associated Press reported Monday that the number of homebuyers in the country, who purchased previously owned homes posted a monthly jump - the largest in nearly eight years. Hopefully, this provides a significant sign that the housing market Is showing some recovery.

According to The National Association of Realtors (NAR), the seasonally adjusted index of sales contracts signed in April surged 6.7 percent to 90.3. This far exceeded forecasts by analysts, and represents the largest jump since October 2001, when pending sales rose 9.2 percent.

The news is encouraging, an... Read more

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 the next time you refinance or apply for a mortgage: The real estate appraisal that used to cost you $325 now costs $450, even though the appraiser doing the work is getting only $175 or $200.
Read more