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Sacramento Community Theater Renovation


The city is considering a partial renovation of the Community Theater at $40 million. A feasibility study in 2007 put the cost to do the full renovation at $75 million and was improbable. The new design is by Westlake Reed Leskowsky Architects and...
Saturday, December 13, 2008  |  LivingInUrbanSac

El Dorado Hills Market Update


Average sales price is El Dorado Hills has fallen under the half million mark for the first time this year! And what we saw of the influx of buyers in October might be just the tip of the iceberg if prices continue their drop. November saw...
Saturday, December 13, 2008  |  Sacramento Real Estate Blog

"Rogues in the Real Estate Industry"


From the Sacramento Bee:You would think people with mortgage problems have enough trouble. But rogues in real estate always find new ways to inflict more. Last year it was foreclosure rescue schemes that robbed desperate people of their homes....
Friday, December 12, 2008  |  Sacramento Land(ing)

Common Home Seller Pitfalls Part 1


A friend of mine asked me yesterday about giving her tips for home sellers. Okay, technically the tips were not for her - she hosts an HD radio show and I was called in as the real estate expert but you’re not interested in shameless plugs...
Friday, December 12, 2008  |  Sacramento Real Estate Blog

Sacramento Rental Inspections Update


I promised to do a follow up in the rental inspections underway at my rental within the Sacramento city limits. And I might have to eat my words. It seems like the city might just be getting a handle on things. The last time I called, I didn't...
Friday, December 12, 2008  |  Sacramento Real Estate Gal

Real Estate Fraud Crackdown - 'Too Little Too Late'


From the AP: [F]raud helped artificially inflate home values that have since come crashing to earth..."Let's not lose sight of the fact that there is immense criminal fraud involved in this financial crisis," said U.S. Attorney McGregor Scott,...
Thursday, December 11, 2008  |  Sacramento Land(ing)

Real Estate Article Worth Reading


Yes, it's time to post real estate statistics. No, you didn't miss the post about them. I've been so busy trying to get back into the routine after the Thanksgiving holiday in which I discovered why California real estate is so expensive and...
Thursday, December 11, 2008  |  Sacramento Real Estate Gal

Station 65


This projects outside the grid but it's a mixed-use, transit oriented project that will bring some smart growth principles at 28.4 units per acre. This proposed mixed-use, transit oriented project consists of 49,805 sf of commercial retail,...
Wednesday, December 10, 2008  |  LivingInUrbanSac

Sacramento Real Estate Gal soon to be Broker!


If you've been wondering where I have been lately (definitely not on the blog as often as I would like!) it's that I've been studying for the real estate broker exam. After having been in the real estate business for five years and selling homes...
Wednesday, December 10, 2008  |  Sacramento Real Estate Gal

Rosemont Market Update: November 2008


Rosemont continues to be a favorite amongst real estate buyers this November as well. This area close to the river and conveniently located close to highway 50 encompasses the 95826 and 95827 zip codes. For Rosemont, unit sales are up 147.8%...
Wednesday, December 10, 2008  |  Sacramento Real Estate Blog

"New Year Bodes Ill for the Central Valley" Economy


From the Sacramento Real Estate blog: Prices have fallen yet again...Sacramento county is now at $122.69 a square foot, a drop of 34.3% over last November...Median price has also fallen for the same period - here we see a fall of 40.3% year over...
Tuesday, December 9, 2008  |  Sacramento Land(ing)

Sacramento Unemployment Rate 1990-2008


Source: BLSIn the 1990s, Sacramento home prices did not bottom out until well after the unemployment rate had peaked (3-4 years). Will we see a similar pattern this time around, or is this a completely different animal?
Tuesday, December 9, 2008  |  Sacramento Land(ing)

El Dorado County Market Update: November 2008


Change comes slow to El Dorado county and it usually isn’t as severe as Sacramento county. Let’s hope it remains that way for the El Dorado county real estate market as well. While we saw non-distressed sales making up the majority of...
Tuesday, December 9, 2008  |  Sacramento Real Estate Blog

Paquin Predicts Sales Bottom for 2009


From the Stockton Record:Question: It's been the slowest year yet for home builders. When do you anticipate that the market will hit bottom?Answer [Gregory Paquin, president, Gregory Group]: It is our expectation that the Central Valley will hit...
Monday, December 8, 2008  |  Sacramento Land(ing)

Folsom Market Update: November 2008


Either foreclosures are not looking as interesting to home buyers in Folsom or they are taking a break to buy things other than homes. With all the shopping around there, I wouldn’t doubt it. In stark contrast to other areas in Sacramento...
Monday, December 8, 2008  |  Sacramento Real Estate Blog

Elk Grove Market Update: November 2008


Distress sales dominate the Elk Grove real estate market and that is a reality in November as well. This is a steady foreclosure market, if there can be such a thing. 71% of all sales are foreclosures and 13.1% of all sales are short sales this...
Sunday, December 7, 2008  |  Sacramento Real Estate Blog

Sacramento Real Estate Market - December 2008 Water Cooler


Post off-topic links, observations, and stories about the Sacramento real estate market here. Please read the comment policy before posting.
Friday, December 5, 2008  |  Sacramento Land(ing)

Real Estate Tips in 120 Seconds Flat!


I've always been a fan of brevity. (You there, stop falling off your chair laughing!) Okay, so I tend to ramble on when I'm with friends, but when it comes to a public broadcast - real estate or otherwise - I always marvel at people who can make...
Friday, December 5, 2008  |  Sacramento Real Estate Gal

Sacramento County Market Update: November 2008


It’s the most wonderful time of the year… well, maybe not so much for real estate sellers. Bargain hunters have been out again, but maybe some have been taking a break with the holidays coming. Unit volume is up 99% over last year,...
Friday, December 5, 2008  |  Sacramento Real Estate Blog

Sacramento Mortgage Delinquency Rate Approaches 7%


From the Sacramento Bee: 6.8 percent...of residential mortgages in El Dorado, Placer, Sacramento and Yolo counties were three months or more behind on payments in October, First American CoreLogic reported Tuesday...That compared with 4.3 percent...
Thursday, December 4, 2008  |  Sacramento Land(ing)


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