Sacramento Home Appreciation Slowing

July 26, 2018 | Steve Milne

Though the median price of a Sacramento-area home saw an annual increase of 9 percent in the second quarter, home-price appreciation is starting to cool off.

State Government

Measure To Eliminate California’s ‘Moving Penalty’ Qualifies For November Ballot

May 17, 2018 | Chris Nichols

Supporters say the initiative would give homeowners 55 and up a property tax discount when they buy a pricier home. That, in turn, could ease the state’s housing crunch by freeing up inventory for younger buyers.

Strong End Of Year Home Sales Predicted For Reno

November 30, 2017 | Steve Milne

A new list of 123 U.S. metro areas where home buyers are most likely to move in the fourth quarter puts Reno at No. 8 and Sacramento at 46. The list is based on the number of home mortgage applications filed between July and September.

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.

July Home Prices Rise To 10 Year High

August 30, 2017 | Steve Milne

The median sale price for a Sacramento County home in July was $344,000. Research firm CoreLogic says the last time it was that high was in the spring of 2007.

Local Counties Saw Double-Digit Increases In Home Values, Decreases In Sales Volume

May 24, 2017 | Steve Milne

Some Sacramento area counties saw double-digit increases in home values and decreases in sales volume last month.

Calif. Home Affordability Index Has Been Under 40 Percent For Nearly Four Years

February 9, 2017 | Chris Nichols

The share of California home buyers who could afford the state’s median priced home remained at just 31 percent during the last quarter of 2016, according to a new report.

Sacramento Home Affordability At Eight-Year Low

December 22, 2016 | Steve Milne

Annual home-price appreciation in the fourth-quarter outpaced wage growth in Sacramento County. The median sales price of $305,000 is up 12 percent from a year ago, while average weekly wage growth is up by only one-percent.

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 .