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The federal government will attempt to assist local housing finance agencies provide inexpensive mortgages to low and moderate home buyers. There is no word yet as to exactly how much or how long this initiative will be available. Hopes are that the new initiative will help stabilize the current...

CalPERS stands to lose $500 million on a New York real estate deal. The likely loss, first reported in today's Wall Street Journal, marks the latest setback for the real estate portfolio at the California Public Employees' Retirement System. The portfolio stood at $17.87 billion as of July 31 and...

NEW YORK -- For a homeowner who needs to sell but has a mortgage balance higher than the property value, one option is something called a "short sale." And don't let the name fool you. This type of sale is complicated and can drag on for months. So what exactly is a short sale? Here are some ques...

With the improved economy and the higher number of sales there is a longer response time currently at 9.5 weeks from 4.5 weeks just a year ago.   If you have not had a chance please check out our new podcast!       Brand New! Join Our Weekly Podcast! Get up to date marketing statistics, news, and...

Sales of existing homes will fall slightly next year in California as people lose more jobs and cheap foreclosed homes become a smaller part of the market, California Association of Realtors economists predicted Wednesday. Fewer sales of foreclosed homes may also push median prices a little highe...

Every dollar counts in this economy. Homeowners hustled last week to refinance their mortgages after interest rates fell below 5 percent for the first time since May. Refinance applications climbed 18 percent from the previous week, the Mortgage Bankers Association reported Wednesday, as rates on...

45% of home sales for January - July 2009 were accounted for by people falling into the age range         of 25-45.  Young people just starting out and purchasing their first home or even for investment purposes find themselves in a win win situation even during this time of recession. Christine ...

The number of government-backed FHA loans jumped sharply last year, propping up a local real estate market otherwise saturated by loan denials. During 2008, lenders issued 8,998 FHA loans in the Sacramento region, up from 649 during 2007, according to statistics released this week by the Federal ...

It sounds surreal, but it's true: Private industry is rushing to adopt the marketing strategy of the federal government. Companies of all stripes in the Sacramento area and nationwide are now putting their own spin on the government's Cash for Clunkers program, offering trade-in deals on furnitur...

Sacramento's big developers have lost plenty of possessions since the real estate market collapse: private jets, vacation homes, expensive cars and multi-million-dollar tax refunds. But mostly they've lost land. Lots and lots of it. Their loss is Ray Sahadeo's gain. The 27-year-old has spent much...