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Some Sacramento homebuyers walk away from big loans
Sacramento Bee, USA It's become a familiar question in the Sacramento region's real estate market. Some borrowers stop paying the mortgage because they can't afford it. But many who can afford their payments have decided it's no longer worth it. … |
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Your Business, Your News for March 8
The Desert Sun, CA Wendy Formica, with Windermere Real Estate in Indian Wells, was installed as the 2009 president of the Palm Springs/Desert Cities Chapter of the Women's Council of Realtors. Also installed were Sandy Rhoades, president-elect; Karen Stearns, … |
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Area colleges' career centers draw a new clientele: Longtime alumni
Sacramento Bee, USA … Sacramento State Career Center. "Folks are coming back six, seven years later." Steven Fong, for example, graduated in 2001 with degrees in marketing and strategic management. He's been working as a real estate broker for a home building company. … |
 New York Times |
A Gloomy Outlook for Home Sales’ Big Season
New York Times, United States But about 60 percent of the previously owned homes sold had recently been in foreclosure, according to DataQuick, a publisher of real estate information. Carlos Kozlowski, a real estate agent with Coldwell Banker in Sacramento, said virtually every … |
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Pot-bellied pig case sparks local scrutiny
Valley News, ca … the real estate agent and animal rescue groups. But qualms over whether the pigs could legally be removed from the property prompted ReMax agent Chris Murray to contact sheriff’s officials and a Sacramento law firm that advises banks on foreclosure … |
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Commercial foreclosures start to stack up in region
Sacramento Business Journal, CA While lenders and real estate brokers believe an uptick in commercial mortgage defaults is inevitable this year, they don’t know whether the effect will be a ripple or a tsunami. “Some banks are saying they’re not getting that much property back,” said … |
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Sacramento-area unemployment soars to highest level in a generation
Sacramento Bee, USA Real estate is still troubled. About 3800 construction jobs disappeared in January and 8400 in the past year. That's nearly a quarter of the area's total loss since January 2008. The slowdown has spread from housing to commercial. … |
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Commercial foreclosures start to stack up in region
Sacramento Business Journal, CA While lenders and real estate brokers believe an uptick in commercial mortgage defaults is inevitable this year, they don’t know whether the effect will be a ripple or a tsunami. “Some banks are saying they’re not getting that much property back,” said … |
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Conflict of interest stalls accused embezzler’s plea
The Union of Grass Valley, CA … his Grass Valley real estate loan firm, which advertised a higher rate of return on investments than what banks offered at the time. Hastert is responsible for brokering and funding 270 “hard money” loans in Nevada, Placer, Sacramento, Yuba, … |
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Home Front: Buyers demand quick response from agents
Sacramento Bee, USA Quipped Larry Eldridge, manager of Big Al's Furniture in Sacramento: "If they are (starting to buy), I hope they come my way." Call The Bee's Jim Wasserman, (916) 321-1102. Read his blog on real estate, Home Front, at www.sacbee.com/blogs. |
