Protesters disrupted a board meeting of the California Housing Finance Agency on Tuesday and demanded that the agency’s Keep Your Home California program move faster to aid homeowners with $2 billion it received from the federal Hardest Hit Fund.

Sacramento’s housing market continued to cool off in August, with fewer properties changing hands and prices holding steady from the month before.

A former Southern California man, described as the ringleader of one of the largest foreclosure rescue scams in the nation, was sentenced Wednesday in federal court in Sacramento to 35 years in prison.

Vikingsholm, the 1920s Scandinavian-style “castle” on Lake Tahoe’s Emerald Bay, is undergoing extensive renovations thanks to two nonprofit foundations. It’s part of a larger movement by private groups to care for state parks the state can’t take care of.

In earthquake-prone California, a surprising number of homeowners and businesses don’t carry any earthquake insurance. In the aftermath of Napa’s 6.0 rumbler, the cost of cleanup, rebuilding and business interruption – with or without insurance – is becoming uncomfortably clear for many.

In an unprecedented trial, four persons charged with mortgage fraud were acquitted Friday by a jury in Sacramento federal court after defense attorneys argued the real culprits are the so-called “victim lenders.”

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.

View a chart of home sales in the Sacramento area.

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

Home sales charts.



FOLLOW US | Get more from sacbee.com | Follow us on Twitter | Become a fan on Facebook | Watch Bee news, lifestyle videos | View our mobile versions | e-edition: Print edition online | What our bloggers are saying
Sacramento Bee Job listing powered by Careerbuilder.com
Quick Job Search
Buy
Used Cars
Dealer and private-party ads
Make:

Model:

Price Range:
to
Search within:
miles of ZIP

Advanced Search | 1982 & Older

TODAY'S CIRCULARS
Sacramentoconnect.com SacWineRegion.com SacMomsclub.com SacPaws.com BeeBuzz Points Find n Save