Sacramento Real Estate News
Thursday | via East Bay Express
California isn't building enough housing, especially affordable housing. The lack of supply to accommodate demand is one of the greatest market failures in modern history. Comment?
Wednesday Apr 15 | via News10.net
The Sacramento area real estate market is doing better than it has in years. Foreclosures and short sales are down, and builders and Realtors are working to keep up with the demand for housing. Comment?
Monday Apr 13 | via World News Report
Private Equity Fund Shows Strong Presence in California, Makes Major Push Into Growing Urban Markets of Seattle, Denver and Las Vegas / EINPresswire.com / -- SAN DIEGO, CA -- -- 04/13/15 -- As residential real estate in the Western United States continued to recover last year, Presidio Residential Capital showed strong presence in major markets in 2014, funding 31 projects totaling approximately $220 million in committed capital located in California and Washington and growing urban markets including Denver, Las Vegas and Seattle. "2014 was an incredibly exciting year for Presidio," said Paul Lucatuorto , co-principal at Presidio Residential. Comment?
Monday Apr 6 | via Park Record
The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.020 percent, down from 0.035 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.095 percent, down from 0.135 percent last week. Comment?
Friday Apr 3 | via Business Journal
Users big and small are continuing strong industrial property activity in the first quarter of 2015, raising the chances for both capital into older properties and development of new ones. The firm's preliminary report shows more than 417,000 square feet of positive absorption in the quarter, bringing the vacancy rate down to 9.8 percent. Comment?
20 hrs ago | via WTVM
Are you considering selling your house this spring? Trulia is out with a list of hot and not so hot cities for home sales. The real estate website Trulia looked at the number of homes for sale on Feb. 5 and then the number still on the market April 5 and here's what they found. Comment?
Yesterday | via American Thinker
On April 15 Tax Day, Americans paid about the same amount of income tax as total student loans outstanding. The St. Louis Federal Reserve on the same day published a report titled ' Student Loan Delinquency: A Big Problem Getting Worse? ' The Fed has determined that of the $1.3 trillion in non-bankruptcy-dischargeable student loans, the delinquency rate for students in repayment is over 27 percent. Comment?
Yesterday | via Huntington News
U.S. home prices have recently enjoyed a modest to strong rebound, rising by an average of 0.6% nationwide, according to FNC's Residential Price Indexa , released on Thursday, April 16, 2015. This increase in home prices marks a sharp reversal in the downward spiral of price trends over the past five to six months. Comment?
Yesterday | via Pleasanton Weekly
With the spring home-selling season off to a robust start, California's drought appears to be having little impact on buyers and sellers who continue to close pricey deals with multiple offers. "Quite frankly, people are so interested in a home they like that the drought is not a major concern," one Realtor says. Comment?
Yesterday | via Business Wire
2 : --CLP 5,082,000,000 credit-linked notes at 'BBsf'; Outl... )--Fitch Ratings has published its U.S. CMBS Focus Performance Report on LB-UBS Commercial Mortgage Trust series 2006-C1 . Comment?
15 min ago | via San Mateo Daily Journal
California home prices reached fresh seven-year-highs in March, a research firm said Friday, helping sales rebound from a two-month slide as some homeowners put their property on the market to reap gains. The median sales price for new and existing houses and condominiums was $397,000, up about 5 percent from $378,000 in February and about 6 percent from $376,000 in March 2014, CoreLogic said. Comment?
21 min ago | via Inman Real Estate News
There's a shift coming that's about to wreak havoc at the closing table for agents and clients alike. On Aug. 1, 2015, the new TRID forms replace the HUD-1 Settlement and Good Faith Estimate. Comment?
25 min ago | via Castanet.net
A few short years ago you could tell your banker how much you made, look them in the eye and then promise you would make your payments. As long as you had a great credit rating, that was good enough then, but not any longer. Comment?
25 min ago | via Los Angeles Times
Leading man Jason Statham has bought the family home of fashion designer Jenni Kayne and her husband, real estate agent Richard Ehrlich , for $12.995 million. The Beverly Hills house was on the market for only five days before the action star clinched the deal. Comment?
37 min ago | via Real Estate Investing for Real
I see new members regularly get on BiggerPockets, and they immediately want to know how to purchase that first house, apartment complex, or whatever else is burning in their brains, but over the years I have learned there is more to being an investor than buying a property. Anyone with credit and some cash can buy those things - they are called buyers, not investors. Comment?
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