Real Estate News

Real Estate News

Region’s housing market gains momentum; inventory still lags

Despite limited inventory, the greater Sacramento region’s residential real estate market picked up steam in March, according to Lyon Real Estate. Relatively strong demand pushed the median sales price to $365,000.

Real Estate News

Sacramento’s new home market is blossoming this spring, but one new neighborhood struggles to keep up

More than two years since homes went up for sale in Crocker Village, an infill site previously called Curtis Park Village, the promise of a dynamic new urban neighborhood has gone unfulfilled. Just 33 of the planned 331 homes have been built, along with a senior apartment complex, even though Sacramento is in the midst of what real estate analysts say is the best new home sales moment in the region in a decade.

Capitol Alert

Battle over rent control in California expected to drag into next year

Assemblyman Richard Bloom, D-Santa Monica, put on pause a bill that would overturn the Costa-Hawkins Rental Housing Act. Passed in 1995, the law curtails the type of housing covered under local rental control laws and prevents cities from strengthening tenant protections for renters. Bloom said he expects to reintroduce the bill with possible changes in 2018.

Videos

Take a tour of the luxurious Sawyer Residences

A unique urban living experience in Sacramento: The 16-story Sawyer Hotel tower overlooking the Golden 1 Center arena and downtown, where small condos will start at $600,000.
Andrew Seng The Sacramento Bee
Take a tour of the luxurious Sawyer Residences 1:38

Take a tour of the luxurious Sawyer Residences

Councilman Steve Hansen: 'Renaissance' in midtown has driven up housing costs 1:02

Councilman Steve Hansen: 'Renaissance' in midtown has driven up housing costs

Rent control isn't necessarily the answer, Sacramento City Councilman Steve Hansen says 1:09

Rent control isn't necessarily the answer, Sacramento City Councilman Steve Hansen says

Tour the $3.9 million family compound for sale near the heart of Sacramento 4:15

Tour the $3.9 million family compound for sale near the heart of Sacramento