American Dream Homes Turn Green
By Rusty Weston, Yahoo! Real Estate Despite historic problems plaguing the U.S. housing market such as tumbling values, record foreclosures and tight credit for buyers, a new Yahoo! Real Estate survey of current and aspiring homeowners indicates that owning a home is...
Is Housing Bouncing Back?
By Neil Irwin, Washington Post The deeply depressed housing sector finally seems to have found its bottom — and may even be starting to bounce back. A wide range of housing indicators — construction, home sales, prices — have stabilized in the past few months,...
Freddie: Low Mortgage Rates to Hang Around Next Year
By Drew FitzGerald Mortgage rates are expected to remain very low at least through mid-2012, while housing activity improves slightly, according to Freddie Mac’s economic and housing outlook released Wednesday. The outlook also projects fewer single-family home-loan...
Why Home Prices Are (and Aren’t) Stabilizing
Remember, this article is national news. Sacramento Has more local stats that support a more stable market than the country as a whole. By Nick Timiraos, WSJ Prices of homes that aren’t selling out of foreclosure have been holding steady. CoreLogic reported that home...
California May Have Turned the Corner
By Dean Calbreath California may finally have turned the corner into recovery, with the job market slated for slow but steady growth over the next two years, according to a report released today by UCLA's Anderson Forecast. "Have we turned the corner in the Golden...
What went wrong with foreclosure aid programs?
By Julie Schmit, USA TODAY Steven and Lisa Maultsby lost their Mississippi home to foreclosure this year. At the time, they thought they were being reviewed for a loan modification through the U.S. government's foreclosure-prevention program. A Realtor knocking on...
December 2011 Housing Statistics – Sacramento County
Month-to-month sales increase 8.9%, lowest December median since 2000 Sales increased for the month to 1,668 units sold, up 8.9% from the 1,531 closed escrows last month. Year-to-year closed escrows were also up (10.9%) from the 1,504 units sold last December. Making...
Mortgage debt at lowest level in nearly 5 years
John Gittelsohn,Kathleen M. Howley, Bloomberg News U.S. mortgage debt, a driver of consumer spending during the real estate boom, dropped to the lowest level in almost five years in the third quarter as foreclosures wiped out home loans and housing purchases fell. The...
HouseLogic’s Top-10 List of New Year’s Resolutions for Your Home
By: John Riha Published: December 30, 2011 When the new year arrives, promises and resolutions abound. Here’s the top-10 list of what the resolute home owner should accomplish this year. Ready for 2012? Here it comes:1. Lose weight (cut energy use)2. Quit smoking...
A Quick Look a California Real Estate
California pending home sales fell 9.1 percent in November but were up from a year ago, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ Pending Home Sales Index (PHSI)*. However, the index was up 11 percent from November 2010, marking the seventh consecutive...


