The real estate auctions that happened before 2005 were more of trustee sales that took place in front of the house being auctioned. If you were to participate in those auctions, you would surely get a great deal, but there were drawbacks as well. If you won the bid with the highest amount then you were required to pay cash in full. Also you were not given an opportunity to inspect the house. There were also possibilities that the house had a lot of mortgages on it. All this and more kept many investors from participating.

Before you visit an auction site, question yourself as to why... Read more

Your dream of owning a home in Elk Grove will no longer be a dream. With many loan programs for the first time investors on the Elk Grove homes for sale and all necessary information present on the internet, you can easily buy your dream home. With the right information and money in hand, your investment becomes easy. But it is essential that you handle your finances correctly. Here are a few steps to help you properly manage your money.

• Your credit score and credit grade will play an important role in determining the mortgage and interest rates that you are eligible to. So to begin... Read more

Have you just bought your dream home from the Sacramento new homes for sale? Are you willing to relocate to Sacramento, but are unaware of the community where you will be moving into? Well, you should have had found out about the community before you purchased the home! Since you have not done that, do not worry. We will help you know your community better! After reading through this article, you will be rest assured that you have bought a home in the country’s best community! You will be more than willing to relocate. So what is it that you have to know about Sacramento before you relocate? <... Read more

Just five minutes north from downtown Sacramento is the Natomas region, which is currently booming with real estate activity. This region is adorned by the Sacramento River on the west and the American River to the south. Previously this region was home to vast farmlands. Now the local government has planned a very reasonable and beautiful residential area by keeping in mind the preservation of nature. At present this region has 40,000 residents and the number of people moving into Natomas is on a steady increase. This area is a very good option for any investor.

The residents enjoy ... 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

Photography facilitates better communication. With the advent in technology, portraying your thoughts with the help of pictures has eased all efforts in communication. The online real estate market has taken the best advantage of community pictures on the internet. Today’s real estate investors prefer to buy homes on the internet. Their imagination about an agent’s description on the house is now supported by pictures uploaded on the agent’s website. By a click of the mouse, investors have the best view of the property they want to invest in.

As a seller, to get a better deal on your ... Read more

Photography facilitates better communication. With the advent in technology, portraying your thoughts with the help of pictures has eased all efforts in communication. The online real estate market has taken the best advantage of community pictures on the internet. Today’s real estate investors prefer to buy homes on the internet. Their imagination about an agent’s description on the house is now supported by pictures uploaded on the agent’s website. By a click of the mouse, investors have the best view of the property they want to invest in.

As a seller, to get a better deal on your ... Read more

Sacramento-area home sales remain sluggish

By Jim Wasserman
jwasserman@sacbee.com

http://www.sacbee.com/business/story/2130021.html


Sales of existing homes in the Sacramento area climbed 2.6 percent from June to July – far short of the surprising 7.2 percent rise nationally that sent stocks soaring Friday.

A July report showed sales of 3,495 existing homes in Amador, El Dorado, Nevada, Placer, Sacramento, Sutter, Yolo and Yuba counties, according to San Diego-based researcher MDA DataQuick.

Buyers also closed escrow on 320 new homes to pu... Read more

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 administration has stepped up pressure on lenders and their mortgage servicers, who act as bill collectors on behalf of investors who own mortgage bonds. The administration on Aug. 4 unveiled the first of what... 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

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 could stabilize, finally reversing the decline that has marked the capital region as one of the worst-hit metro areas in the United States. Sacramento’s ill-fated housing boom peaked four years ... Read more

California foreclosure deals are bittersweet for novice investors

Buzz up!By Nicole Williams
nwilliams@sacbee.com

http://www.sacbee.com/ourregion/story/2038862.html


Many Californians saw their dreams go up in smoke when the housing market burned up as a result of heavy job losses, bankruptcies and balloon mortgage payments, but others are rising from the ashes and forging new investment endeavors.

All the bathroom mirrors are missing, there’s dog urine in the air-conditioning unit and holes in the walls, but the foreclosed house Sacramento r... 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

"We’re in a slow, but definite recovery mode"

http://www.sacbee.com/static/weblogs/real_estate/archives/2009/06/were-in-a-slow.html?mi_atom=Home%20Front


So says Alexis McGee, president of Fair Oaks-based Foreclosures.com, which tracks the nation’s foreclosure markets for real estate investors. Here’s McGee’s new national roundup:


SACRAMENTO, Calif. -While President Obama, Congress, and the American people debate financial regulatory reform, foreclosures continue to mount as embattled housing markets bump along the bottom. ... 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