Home sales in the Sacramento region were stuck in an odd rut in March, traditionally the start of the spring homebuying season. Even though prices rebounded to healthy levels not seen since before last decade’s housing boom and bust, the supply of homes on the market remained anemic.

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The number of homes sold in Sacramento County in March dropped to the lowest level for the month in six years, DataQuick reported Wednesday.
G8V202TC2.6Multimedia Photojournalist
Zero net energy homes designed to send energy back to the electric grid may not be widespread but their adoption is destined to grow rapidly - and so are the many problems that come with them. That growth is quickly outpacing what the electric grid can handle.
The Sacramento law firm of Downey Brand LLP laid off 17 staff members this week, a downsizing that corresponds with the departure of more than 20 of its lawyers this year.
Year-over-year foreclosure activity – default notices, scheduled auctions and bank repossessions – in California continued a prolonged trend with another double-digit decline in March, according to Irvine-based RealtyTrac. However, California was among 19 states that saw a year-over-year first-quarter increase in foreclosure starts.

Builders broke ground on more new homes nationwide in March, although the increase missed expectations.



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