Foreclosures in the Sacramento region fell in March by more than half from the same month a year ago, CoreLogic reported Thursday.

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A West Sacramento man is among the first in the state to use California's new Homeowner Bill of Rights to stop a bank from foreclosing on his home, and experts say the case marks a shift in a legal system that has traditionally favored lenders.
The number of Sacramento-area homeowners who owe more than their homes are worth continued tumbling in the first three months of this year, real estate tracking firm Zillow reported Wednesday.
Distressed home sales in California in April declined to their lowest level since February 2008, according to the California Association of Realtors.
A year ago, with the real estate market still in a deep slump, a San Francisco firm caught the attention of officials in California and elsewhere with its novel idea of using eminent domain to seize underwater mortgages in order to reduce the amount that borrowers owe.

Real-estate agent Joseph Ho climbed the gilded staircase of a Hunts Point, Wash., mansion listed for almost $5 million, shooting video on his Apple iPad tablet and narrating in Chinese.

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