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Stories related to: real estate

Bob Moffitt / Capital Public Radio

Business Groups Tout Golden 1 Center's Inaugural Year

October 18, 2017 | Steve Milne

Golden 1 Center is sparking economic growth in downtown Sacramento, even though parking costs a lot more. Two local business groups say the venue helped increase employment and decrease office vacancy rates since breaking ground in 2014.

Business

Modesto's Home Flipping Rate Rises, Bucking National Trend

September 14, 2017 | Steve Milne

Modesto has one of the highest home flipping rates in the United States. Analysts say flippers like Modesto because it still has a lot of low-priced housing available.

DJ Crazy Gabe / Flickr

Investors Buying More Home Foreclosures As Inventory Declines

July 20, 2017 | Steve Milne

Banks are repossessing fewer Sacramento area homes, according to new numbers out today. It's great news for homeowners. But it means fewer opportunities for first-time home buyers who don't have a lot of money to spend and are looking for discounts.

Home Affordability In Sacramento County At Nine Year Low

June 29, 2017 | Steve Milne

Sacramento County's median home price was $318,000 in the second-quarter of this year, helping to sink the affordability index even further. Analysts say affordability is the lowest it's been since the first quarter of 2008.

Courtesy of Taylor White / Flickr

Sacramento Home Prices Still Outpacing Wage Growth

March 30, 2017 | Steve Milne

Home prices continue to outpace wage growth in Sacramento County. The median sales price in the first-quarter was about $293,000, up six percent from a year ago. While wages only went up five percent.

Sacramento Not On List Of Best Markets For Buying Single Family Rentals

March 23, 2017 | Steve Milne

If you're thinking about buying rental properties and becoming a landlord, you'd see solid returns on single-family properties in the Midwest, Rust Belt and Southeast ... but not so much in Sacramento.

Rich Pedroncelli / Associated Press

More Competition For Low-Priced Foreclosures

February 2, 2017 | Steve Milne

More third-party buyers are stepping into the Sacramento area housing market. Those are investors who buy foreclosures to convert into rentals or resell at higher prices. Last year, 45 percent of foreclosure auction sales went to third-party buyers.

American Advisors Group / Flickr

Sacramento To Lead Nation In Home Price, Sales Gains

November 30, 2016 | Steve Milne

There's good news and bad news in a new housing forecast out Wednesday, depending on whether you already own a home in the Sacramento area or are trying to buy one.

Homeowners Staying Put, Market Stagnating

November 17, 2016 | Steve Milne

Sacramento's housing market has hit a logjam. Homeowners are staying in their homes longer to amass equity. That's shrinking the inventory of properties available for first-time home buyers .

Sacramento Area Home Prices Continue To Outpace Wages

September 29, 2016 | Steve Milne

This won't be news to people struggling to buy a home. But new data show housing affordability in the four-county Sacramento area is getting worse.

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