The city of Sacramento has reached a deal to buy a vacant building at 730 I St. for $5.4 million and then immediately sell the property to Bay Area-based retailer Sports Basement for the same price, officials announced Thursday. The City Council is expected to approve the deal on Tuesday.

California will get an $800 million share of the record-breaking $16.65 billion Bank of America Corp. is paying to settle claims over the packaging and sale of toxic mortgage securities.

A group of Sacramento-area buyers has aquired 555 Capitol Mall, including two office towers and a parking garage across L Street from the city’s planned sports and entertainment complex.

It’s not unusual for a Lake Tahoe-area property to sell for $1.6 million. Except when the transaction is made in bitcoins, the virtual – and controversial – online currency.

Home price gains and sales volume have shrunk in the Sacramento region after a dramatic two-year turnaround, DataQuick reported.

A new crop of midrise buildings with retail on the ground floor and housing above is rising in Sacramento’s midtown and downtown areas.

Most of a prime block of Q Street in downtown Sacramento was purchased by a Philadelphia-area business owner Friday.

Residential lending institutions or their agents cannot just unceremoniously serve a homeowner with a notice of default and take the property by foreclosure, a state appeal court in Sacramento ruled Friday.

Real estate agents competing for commissions in Sacramento are increasingly using a device common in movie theater lobbies: the coming soon sign.

A local development firm released a proposed rendering Tuesday of a mixed-use project it plans to build at 21th and L streets with a Whole Foods market on the ground floor and 140 apartments above it.

One extra bedroom is great for company. Two extra bedrooms can be handy around the holidays. But a growing number of two-person households in the Sacramento region now live in homes with at least three extra bedrooms.

USA Properties Fund Inc., a Roseville-based developer of affordable housing, will host groundbreaking ceremonies Monday in Sacramento County for a 60-unit apartment community for low-income seniors.

Okay, so a million bucks won't buy much in San Francisco. But how about in Sacramento or Fresno or LA or other big California cities?

After years of rumors that Whole Foods Market might come to midtown Sacramento, the Texas-based grocery chain said Wednesday it had signed a lease for a new location at 20th and L streets.

Mutual Housing California, the Sacramento-based nonprofit developer of affordable housing communities, is using a $40,000 grant to start the design and development process for a 120-apartment community that also will feature a rooftop farm. The proposed seven-acre development south Sacramento site is at 7351 Stockton Blvd., just south of Florin Road.

The battles in Sacramento aren’t always about arenas or condo towers. Sometimes, they’re over something as simple as a house in an alley.

Along the rural border between Sacramento and Placer counties, Elverta residents are increasingly concerned about how thousands of new homes may lead to traffic, drainage and water supply problems.

For years, it was “the Wild West” of real estate scams.

Shipping containers, embraced as restaurants and shops in other cities, are gaining acceptance in Sacramento with the planned opening of the Federalist bar and restaurant in midtown.

Avison Young, a Canada-based commercial real estate services firm, says it has acquired Sacramento real estate brokerage company Aguer Havelock Associates Inc.

Sacramento planning commissioners reviewed a controversial plan Thursday to tear down 206 garden apartments and replace them with more than 1,000 high-rise units on a leafy, traffic-free “super block” in downtown Sacramento.

View a chart of home sales in the Sacramento area.

Data for resale single-family detached homes that closed escrow.

Home sales charts.



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