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Wed, 01 Feb 2012 11:41:18 PST
California redevelopment funding ends today: So what happens to affordable housing? :
California's redevelopment agencies officially are out of business, effective today. But that doesn't mean that the future of affordable housing is wiped out in the state.<blockquote style="background-color:#f0f0f0;padding:10px">
<a href="http://www.sacbee.com/2012/02/01/4229571/redevelopment-funding-end-today.html?mi_rss=Real%20Estate"><img src="http://media.sacbee.com/smedia/2012/01/31/20/28/1qoq49.Hi.4.jpg" height="264" width="179" border="0"/></a>
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Construction worker Bill Gates frames roofs at an apartment complex for low-income seniors in Elk Grove. Affordable housing advocates say the demise of California's redevelopment agencies will pose challenges for future projects providing low-cost homes, but the problems are not insurmountable.</blockquote><blockquote style="background-color:#f0f0f0;padding:10px">
<a href="http://www.sacbee.com/2012/02/01/4229571/redevelopment-funding-end-today.html?mi_rss=Real%20Estate"><img src="http://media.sacbee.com/smedia/2012/01/31/20/28/1oq2NG.Hi.4.jpg" height="123" width="180" border="0"/></a>
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Redevelopment money for affordable housing projects – such as this 69-unit complex for seniors under construction in Elk Grove – has been the second-largest funding source in California.</blockquote><blockquote style="background-color:#f0f0f0;padding:10px">
<a href="http://www.sacbee.com/2012/02/01/4229571/redevelopment-funding-end-today.html?mi_rss=Real%20Estate"><img src="http://media.sacbee.com/smedia/2012/01/31/20/28/JVSUs.Hi.4.jpg" height="125" width="180" border="0"/></a>
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Chris Goodwin works on an Elk Grove apartment complex for low-income seniors. Redevelopment agencies once provided key funding for such projects, but are being phased out to help balance the state's budget.</blockquote>
Mon, 30 Jan 2012 11:03:08 PST
Plans afoot for artists' live-work space on Sacramento's R Street :
Can R Street become downtown Sacramento's first true art and culture corridor? That's the idea being promoted by an experienced local developer.<blockquote style="background-color:#f0f0f0;padding:10px">
<a href="http://www.sacbee.com/2012/01/28/4221295/plans-afoot-for-artists-live-work.html?mi_rss=Real%20Estate"><img src="http://media.sacbee.com/smedia/2012/01/27/20/53/1rruYg.Hi.4.jpg" height="119" width="180" border="0"/></a>
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The new arch over R Street, near the Fox & Goose Public House, is part of the city’s effort to turn the area around R Street into a lively ‘culture corridor.’ A developer says he wants to further those plans by rehabilitating the historic six-story warehouse at 11th and R streets into a complex where artists can live, work and sell their wares.</blockquote><blockquote style="background-color:#f0f0f0;padding:10px">
<a href="http://www.sacbee.com/2012/01/28/4221295/plans-afoot-for-artists-live-work.html?mi_rss=Real%20Estate"><img src="http://media.sacbee.com/smedia/2012/01/27/20/53/TqagS.Hi.4.jpg" height="119" width="180" border="0"/></a>
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Past efforts to convert a vacant warehouse at R and 11th streets into housing have come to naught. But a developer now wants to turn the building that once housed Ford Model T's into an artists' haven and hangout.</blockquote><blockquote style="background-color:#f0f0f0;padding:10px">
<a href="http://www.sacbee.com/2012/01/28/4221295/plans-afoot-for-artists-live-work.html?mi_rss=Real%20Estate"><img src="http://media.sacbee.com/smedia/2012/01/27/20/53/LPSkY.Hi.4.jpg" height="119" width="180" border="0"/></a>
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Lezlie Sterling lsterling@sacbee.com
As many as 120 apartment units and 25,000 square feet of retail space are proposed as part of the conversion of this old warehouse at R and 11th streets. The proposal is due for review by a city agency in March.</blockquote>
Sun, 29 Jan 2012 12:50:03 PST
Sacramento loan fraud suspect indicted in 2nd case :
A federal investigation into one of the largest alleged mortgage schemes in the Sacramento region has produced new criminal charges.
Thu, 26 Jan 2012 08:46:20 PST
Area foreclosure sales up 23.8% for quarter :
Sacramento-area foreclosure sales soared 23.8 percent during the third quarter, according to a new report.
Thu, 26 Jan 2012 00:00:00 PST
California attorney general rejects foreclosure settlement :
Calling it "inadequate for California," the state is rejecting the latest settlement proposal between states and major U.S. banks over lending abuses that fueled the foreclosure crisis.
Thu, 26 Jan 2012 08:45:46 PST
Housing construction hits record low in 2011 :
Housing construction in the Sacramento region fell to new lows in 2011 as the number of permits for single-family homes dropped by more than 15 percent.
Wed, 25 Jan 2012 08:25:36 PST
Foreclosure filings fall to four-year low in Sacramento region :
Quarterly foreclosure filings in the Sacramento region dropped to a four-year low, but they're expected to pick up this year.
Tue, 24 Jan 2012 08:34:41 PST
Office vacancy rate is highest ever in area :
The Sacramento office vacancy rate increased for the 18th consecutive quarter to an all-time high of 23.38 percent, according to commercial real estate brokerage firm Cornish & Carey Commercial.
Thu, 19 Jan 2012 00:00:00 PST
Sacramento area home sales rose in December :
Sacramento's housing market ended the year on an upbeat note as sales of single-family homes rose in all four of the region's counties.
Wed, 18 Jan 2012 14:10:01 PST
Home sales in Sacramento region rise in 2011 but prices remain weak :
Sales of single-family homes in the Sacramento region ended the year with healthy gains, but prices remained weak due to the large number of distress sales.<blockquote style="background-color:#f0f0f0;padding:10px">
<a href="http://www.sacbee.com/2012/01/18/4197058/home-sales-in-sacramento-region.html?mi_rss=Real%20Estate"><img src="http://media.sacbee.com/smedia/2009/03/16/13/227-RCB_SELLER_04.highlight.prod_affiliate.4.JPG" height="120" width="180" border="0"/></a>
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See what homes in your neighborhood are selling for in our <a href='http://www.sacbee.com/homesales/' target='_blank'>database of home sales</a> in the region.</blockquote>
Wed, 18 Jan 2012 10:06:56 PST
Home sales increase for 3rd straight month :
The number of homes sold in California rose for the third straight month in December, according to the California Association of Realtors.
Tue, 17 Jan 2012 00:00:00 PST
Housing projects perk up Sacramento's central city :
A modest building boom is taking place in Sacramento's central city. Work is under way on at least a half-dozen projects that will bring more than 250 housing units and thousands of square feet of retail to the grid, even as the market in the rest of the region remains stagnant.
Thu, 12 Jan 2012 00:00:00 PST
December lull in Sacramento region foreclosure filings not likely to last :
New foreclosure filings hit a six-month low in December, but don't expect the lull to last.
Wed, 11 Jan 2012 09:57:17 PST
Twin Rivers public housing wins federal grant for improvements :
A Sacramento neighborhood is one of 13 nationwide to win a $300,000 federal planning grant for community improvements.
Tue, 10 Jan 2012 00:00:00 PST
Sacramento-area home prices still sagging; reports cite distressed sales as cause :
Troubled mortgages and short sales continue to keep a lid on single-family home prices here and throughout California, according to two reports released Monday.
Thu, 12 Jan 2012 14:21:39 PST
U.S. grand jury issues new mortgage charges :
A federal grand jury on Thursday issued new criminal charges as part of a yearlong investigation into one of Sacramento's largest mortgage fraud schemes.
Mon, 29 Aug 2011 08:02:13 PDT
Generation of homeowners stuck in first houses :
Steve and Tasha McLaughlin have had two kids since they bought their two-bedroom "Brady Bunch"-style house in South Natomas seven years ago. They need more room, but they can't move: The house they bought for $256,000 is worth just $90,000, and an attempt to sell it failed.<blockquote style="background-color:#f0f0f0;padding:10px">
<a href="http://www.sacbee.com/2011/08/29/3868485/generation-of-homeowners-stuck.html?mi_rss=Real%20Estate"><img src="http://media.sacbee.com/smedia/2011/08/28/20/25/vAKuA.Hi.4.jpg" height="119" width="180" border="0"/></a>
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Tasha McLaughlin, left, who runs a small business that organizes lacrosse tournaments and clinics, is flanked by daughter Quinn as son Ryan, foreground, and husband Steve McLaughlin play in the front yard of the South Natomas home the family is unable to sell.</blockquote><blockquote style="background-color:#f0f0f0;padding:10px">
<a href="http://www.sacbee.com/2011/08/29/3868485/generation-of-homeowners-stuck.html?mi_rss=Real%20Estate"><img src="http://media.sacbee.com/smedia/2011/08/28/22/16/1iT6Ot.Hi.4.jpg" height="133" width="180" border="0"/></a>
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Tasha and Steve McLaughlin bought their two-bedroom South Natomas house long before Quinn, 3, left, and Ryan, 4, center, arrived. But with the home's value down sharply, they can't sell for anything close to the price they paid for it, and feel stuck.</blockquote>
Mon, 19 May 2008 21:53:59 PDT
April 2008 Sacramento region home sales and price trends :
View a chart of home sales in the Sacramento area.
Fri, 07 Mar 2008 17:39:07 PST
January 2008 Sacramento region home sales and price trends :
Data for resale single-family detached homes that closed escrow.
Thu, 22 Jan 2009 16:34:58 PST
Home sales charts :
Home sales charts.
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