Christopher Thierry
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Real Estate News and Advice


Below are some helpful articles related to the local Sacramento Real Estate market as well as other helpful advice columns.  Check back often as these articles are always updating.

SacBee -- Real Estate
License revocations up for real estate agents
The California Department of Real Estate, which issues real estate licenses and enforces real estate law, said Wednesday that it revoked a record 633 licenses for cause in the fiscal year that ended June 30.
Sacramento's empty storefronts finding tenants
Sacramento's vacant storefronts are slowly filling up again.

Sacramento shoppers take advantage of the early morning Black Friday sales at the major retailers, including Kohl's the day after Thanksgiving on Friday, November 27, 2009.
Sacramento County may open 20,000 acres to development
Despite a home construction collapse caused by the recession, the Sacramento County Board of Supervisors is considering opening 20,000 acres of land to future development.
Home prices rise despite fewer sales
Home prices continued to recover in Sacramento and California last month, even though fewer sales were recorded, according to a report released Thursday.
Mortgage defaults hit 3-year low in California
Even as the economic recovery sputters, the home-mortgage crisis that helped trigger the recession appears to be easing.

A foreclosed house in the Meadowview area of Sacramento sports a "bank owned" sign. A new law is intended to slow down foreclosures.
State's new home sales down 46% during May
In a further sign of troubles in the real estate market, California new home sales fell 46 percent in May compared with a year ago, the California Building Industry Association said Tuesday.
Foreclosure workshop is free in W. Sacramento
Legal Services of Northern California has scheduled a free foreclosure workshop from 6 to 8 p.m. Wednesday at Arthur F. Turner Community Library, 1212 Merkley Ave., West Sacramento.
Sacramento-area home sales hit 20-month high in June
The sales surge continues.
California plan to stem foreclosures has critics
A $700 million state plan to prevent 40,000 California foreclosures came under fire Tuesday from activists who called it another bailout for the nation's largest banks.
California tax assessments of homes to go down
If you own a home in California, chances are the assessed value of your property just dropped.

A sign directs visitors to model homes in West Sacramento on Thursday, July 8, 2010. Sales of new houses across the Sacramento area fell to a new modern low in the second quarter of 2010, as only 485 buyers committed to sales contracts. Folsom building industry consultant Greg Paquin says sales fell off rather sharply in May and June after the deadline passed to qualify for $8,000 federal tax credits for first-time home buyers. Paquin and others say many would-be buyers still fear job losses or wage cuts, and are content to wait out an environment in which prices aren't rising. The phenomenon has sent new-home construction to "abnormally low" levels to meet demand for new household formation in the region, said Paquin.
New-home sales plunge in Sacramento area
Sacramento's once-mighty home building industry has come to a virtual standstill.

Construction is under way on new homes in one West Sacramento neighborhood. Builders of new homes compete with discounted distress-sale properties, which account for two-thirds of transactions in Sacramento County, according to La Jolla research firm MDA DataQuick.
Wells Fargo closes unit, sheds 3,800 positions
Wells Fargo & Co. said Wednesday it's closing a consumer-lending unit with 638 branches nationwide, including four in the Sacramento area.
April 2008 Sacramento region home sales and price trends
View a chart of home sales in the Sacramento area.
January 2008 Sacramento region home sales and price trends
Data for resale single-family detached homes that closed escrow.
Home sales charts
Home sales charts.

 


Bankrate.com: Advice Headlines
Watch for 'cash for clunkers' scams
Don't give out personal data to a middleman, and make sure a dealer isn't sneaking in unwanted fees.
'Official' owner wants cash for a clunker
This owner may be out of the money. You must be the car's owner for a least a year to get the cash.
Home equity can be used to buy car
Home equity products can be used to fund a car purchase. But there are risks for the homeowner.
How to spend extra money smartly
Pay down credit cards, but also set a budget and save some cash in an emergency fund for hard times.
When a HELOC is used for a business
A couple wonders if interest on a HELOC is tax-deductible if the loan is used for an LLC.

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Bankrate.com: Home equity Headlines
Home equity can be used to buy car
Home equity products can be used to fund a car purchase. But there are risks for the homeowner.
Interest Rate Roundup
Here are the latest interest rates and commentary on five common consumer banking products from Bankrate.com's weekly national survey of large banks and thrifts.
Interest Rate Roundup
Here are the latest interest rates and commentary on five common consumer banking products from Bankrate.com's weekly national survey of large banks and thrifts.
Fixed-rate loan can cut risk
With interest rates likely to rise, locking into a fixed-rate loan may make sense right now.
Interest Rate Roundup
Here are the latest interest rates and commentary on five common consumer banking products from Bankrate.com's weekly national survey of large banks and thrifts.

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