Real Estate

Bay Area firm's idea to lift underwater homeowners to positive equity loses steam

By Hudson Sangree - Updated: 8:32 am

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.

Sacramento County's median home resale price up nearly one-third

By Hudson Sangree - Updated: Thursday, May 16 2013 - 7:53 am

In Sacramento County, the median price of detached resale homes rose by nearly a third in April compared with the same month a year before, DataQuick reported Wednesday.

Interactive: Check out home prices in your neighborhood

Sacramento-area home prices continue climbing in April

By Hudson Sangree - Updated: Wednesday, May 15 2013 - 12:56 pm

Home prices across the Sacramento region continued rising in April, signaling an ongoing shift in the price and types of homes sold.

Phil Angelides pushes housing plan at failed Centrage site

By Hudson Sangree - Updated: Sunday, May 12 2013 - 11:53 am

Phil Angelides, former California state treasurer and a veteran developer, thinks he has the key to the 48 acres along the Capital City Freeway: single-family homes.

Folsom, affordable housing advocates settle long-running feud

By Richard Chang - Updated: Sunday, May 12 2013 - 3:01 pm

After years of legal wrangling, Folsom has settled a long-running dispute with affordable housing advocates over how much new development must serve low-income residents.

Search recent home sales

Zip Code:

OR
City:

Street Name (optional, name only*)

Beds:	Baths:
Price:	Sold in the last:

* Use only the actual name of the street. Do not use house numbers or type of street (Way, Ave. etc)

Databases

Real Estate Wire

The Mortgage Professor: Cash-out loans can cost a pretty penny

By JACK GUTTENTAG - Published: Thursday, May 16 2013 - 1:28 pm

Borrowers who withdraw cash when they refinance are viewed as riskier than those who don't, because the cash withdrawal indicates possible financial distress - and that perception can raise a borrower's costs.