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News updates from California
Wed, 01 Sep 2010 12:32:16 PDT
1,000 workers fear for jobs at Sacramento's HomeEq : Uncertainty hangs over 1,000 employees of North Highlands loan servicer HomEq today &#150; and also the larger regional economy &#150; as Ocwen Loan Servicing takes over after announcing plans to close the firm.<blockquote style="background-color:#f0f0f0;padding:10px"> <a href="http://www.sacbee.com/2010/09/01/2996847/1000-workers-fear-for-jobs-at.html?mi_rss=Real%20Estate"><img src="http://media.sacbee.com/smedia/2010/08/31/21/3M1HOMEQ.highlight.prod_affiliate.4.JPG" height="136" width="180" border="0"/></a> <br/> An employee enters the parking lot of HomEq in North Highlands on Tuesday. The company's sale has created fears of layoffs.</blockquote>

Fri, 03 Sep 2010 10:27:12 PDT
Amid criminal probe, Michael Lyon temporarily steps down as CEO of his real estate firm : Michael Lyon, the prominent Sacramento real estate businessman under criminal investigation amid allegations of secret video recordings, is temporarily stepping down as chief executive officer of the company that bears his name.<blockquote style="background-color:#f0f0f0;padding:10px"> <a href="http://www.sacbee.com/2010/08/31/2995818/amid-criminal-probe-michael-lyon.html?mi_rss=Real%20Estate"><img src="http://media.sacbee.com/smedia/2010/08/30/17/LSMICHAELLYON.highlight.prod_affiliate.4.JPG" height="248" width="180" border="0"/></a> <br/> Michael Lyon, president of Lyon Associates Realtors, talks with the Bee's business department, January 8, 2003. Sacramento Bee/ Lezlie Sterling</blockquote>

Tue, 31 Aug 2010 09:02:41 PDT
Top auction bidders of infamous Puente house intrigued by past : A couple from Georgetown are looking forward to moving into the notorious Dorothea Puente boardinghouse in Sacramento.<blockquote style="background-color:#f0f0f0;padding:10px"> <a href="http://www.sacbee.com/2010/08/31/2994207/top-auction-bidders-of-infamous.html?mi_rss=Real%20Estate"><img src="http://media.sacbee.com/smedia/2010/08/30/22/2M31PUENTE.highlight.prod_affiliate.4.JPG" height="119" width="180" border="0"/></a> <br/> Tom Williams and his wife, Barbara Holmes, had looked at a Victorian next to boardinghouse where Dorothea Puente killed tenants, then they ended up buying the notorious site.</blockquote>

Fri, 03 Sep 2010 10:27:12 PDT
Real estate magnate Michael Lyon under investigation : Sacramento County law enforcement officials are investigating a prominent real estate businessman in connection with allegations he made secret video recordings of houseguests and others in bedrooms and bathrooms through cameras concealed in clock radios and behind vents, The Bee has learned.<blockquote style="background-color:#f0f0f0;padding:10px"> <a href="http://www.sacbee.com/2010/08/31/2994104/real-estate-magnate-michael-lyon.html?mi_rss=Real%20Estate"><img src="http://media.sacbee.com/smedia/2010/08/30/21/2W31LYON.highlight.prod_affiliate.4.JPG" height="270" width="180" border="0"/></a> <br/> Michael Lyon</blockquote>

Tue, 24 Aug 2010 00:16:08 PDT
Sacramento Realtors to fund energy-efficient aid for buyers : In a first of its kind in California, the Sacramento Association of Realtors will give qualified homebuyers $2,000 in cash to help make energy-efficient improvements.

Fri, 20 Aug 2010 00:00:00 PDT
Region's home sales fall : Home sales tumbled sharply across the Sacramento region in July as government tax credits that had prodded thousands of buyers off the fence largely expired.

Wed, 18 Aug 2010 00:00:00 PDT
California home foreclosures hit Latinos hardest, study says : Latino homeowners have taken the harshest blow from California's foreclosure crisis, accounting for 48 percent of homes repossessed from late 2006 through 2009, a nonprofit consumer group reported Tuesday.

Tue, 17 Aug 2010 08:14:45 PDT
State's home builders report major shrinkage : California's once-mighty home building industry has seen its economic impact downsized 80 percent since 2005, the California Homebuilding Foundation and Center for Strategic Economic Research said Monday.

Sat, 14 Aug 2010 00:00:00 PDT
3 Carmichael residents among 8 charged in $11.4 million real estate fraud : An alleged $11.4 million Sacramento real estate fraud scheme that promised investors up to 15 percent returns from land development and house flipping has resulted in charges against eight people for mail fraud, wire fraud and money laundering, the U.S. attorney's office said Friday.

Thu, 12 Aug 2010 00:00:00 PDT
42,000 of California's jobless will get help with mortgages : More than 42,000 laid-off California homeowners are about to get a break.

Tue, 10 Aug 2010 00:00:00 PDT
Sacramento County DA steps up fight against realty fraud : The Sacramento County District Attorney's Office, aiming to corral more scammers preying on struggling area homeowners, announced an expansion of its real estate fraud unit Monday.

Sun, 08 Aug 2010 11:08:26 PDT
Tax-credit deadline set for novice homebuyers : First-time California homebuyers seeking state tax credits of up to $10,000 have until midnight Sunday to apply, the state Franchise Tax Board announced Friday.

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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