The average sales price of homes in Yuba City CA for the month of Sep 09 to the month of Nov 09 was $165,000. This shows an increase of 3.1%, or $5,000, from the previous quarter. There was a decline of 6.8% compared to the year 2008. Sales prices have depreciated at a drastic rate of 38.2% during last five years in Yuba City.

It was found that the average list price for a Yuba City home on sale was $266,086, week ending Jan 13th; this is clearly a decline of 1.2%, or $3,107, compared to the decline of 4.7% during the previous week. The price per square foot on an average in Yuba Cit... Read more

Home to the world’s largest dried fruit processing plant and the Sunsweet Grower’s Inc, Yuba City is the county that was born during the days of the Great Californian Gold Rush. With several wineries, Yuba City is now home to 165,000 residents. The Yuba City homes for sale are not difficult to locate. With the current boom in the real estate market, there are plenty of homes for sale. The homes here are priced based on their size and location. There are homes with varied features that suit the needs and finances of every family planning to relocate and buy a property in Yuba City.

Wh... Read more

Located in the region of mild Mediterranean climate dominated by wet, cold winters and dot, dry summers, Yuba City was home to the Maidu people until 1800s. But in the beginning of 1800s Yuba City saw the Maidu people encountered by the Mexicans and Spanish. The ‘Gold Rush’ in 1848 saw small establishments along the Yuba River. Yuba City got its first county seat in 1856. This region is also called as ‘Feather River Valley’.

Yuba City is home to many employment opportunities with many local and global companies. The city enjoys a steady economy which has been free from recession. Read more

Roseville Real Estate: One bedroom homes in Roseville/Rocklin corridor have a rent of $820 per month and $813 per month is paid by Section 8 to property management organizations in Sacramento. Roseville/Rocklin’s homes with one bedroom have an average area of 750 sq. ft and there exists about 700 rentals.

Two bedroom rentals in Roseville/Rocklin corridor possess a rent of $1010 per month and property management organizations in Sacramento are being paid $992 per month by Section 8. The average two bedroom rentals possess an area of 1001 sq. ft. There are over eleven hundred (1100) su... Read more

Real estate events have been quite closely watched in these fluctuating times and there has been considerable improvement on the market conditions that is favoring the buyer this quarter.

While searching for the right place to settle in, do make a thorough search on the Homes for sale section of real estate websites. Community information of the various counties in CA including Sacramento, Roseville, Elk grove, Placerville, Yuba city through the various community pictures provide the needed information on the events that take place there which are displayed in various dedicated websi... Read more

Suburban Sacramento land rush? Big homebuilders buy up ’finished’ lots


By Jim Wasserman
jwasserman@sacbee.com

http://www.sacbee.com/topstories/story/2108559.html


Sacramento’s new-home sales are still down and out, but some capital-area builders are betting money that the region’s suburbs will soon resume their growth boom.

They’ve begun snapping up ready-to-build home lots at prices ranging from $25,000 to $67,000, setting the stage for a new suburban land rush.

The phenomenon suggests that a real estate... Read more

Sacramento-area home sales fall for 1st time since April 2008

By Jim Wasserman
jwasserman@sacbee.com

http://www.sacbee.com/business/story/2033127.html

The 14-month streak is over.

Sacramento-area home sales reached their highest monthly count yet this year in June. But with fewer bank repos on the market, they failed to beat the numbers from June 2008, according to new statistics released Thursday from researcher MDA DataQuick.

It was the first time since April 2008 – when year-over-year figures turned positive after three years of declines – ... Read more

Small banks start feeling financial stress

By Charles Piller
cpiller@sacbee.com


http://www.sacbee.com/topstories/story/2000836.html

At first, the Sacramento region’s small, business-oriented community banks appeared to have sidestepped the plight of banking titans that staggered under the burden of home mortgage defaults. Now some are showing signs of stress.

Gold Country Bank in Marysville has become the weakest bank of its size in California – below 98 percent of similar banks nationwide, according to Bankrate.com, a leading independent ev... Read more

Area’s foreclosed homes sell briskly, for less, at auction

ShareThisBy Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/1795749.html

Published: Tuesday, Apr. 21, 2009 - 12:00 am | Page 6B
A pair of out-of-town auction giants sold 190 more foreclosed homes in Sacramento on Sunday, earning $21 million for lenders that repossessed them for lack of payments, the firms said Monday.

Irvine-based Real Estate Disposition Corp. said it sold 162 Sacramento-area homes for $17.1 million. It was the latest event in a series of nine company a... Read more

Home Front: Fewer empty new homes means supply, demand in balance

ShareThisBy Jim Wasserman
jwasserman@sacbee.com

Published: Friday, Apr. 10, 2009 - 12:00 am | Page 1B
The first quarterly report on new-home sales in the Sacramento area during 2009 is in – and there’s one good sign amid a new low of 699 sales in January, February and March.

Excess supply – houses built or almost built without buyers – are back to lows last seen in mid-2004 and early 2005, the height of the buying frenzy.

The tally as March ended was 1,159 empty houses in El D... Read more

GreatWest GMAC Real Estate is announcing the association of Saundra Battaglia, as the Manager of their office in Yuba City.

Saundra Battaglia has significant real estate experience, beginning in 1985. In the past she has owned and operated Red Carpet franchises in Yuba City and Colusa. And, was associated with Stromer Realty. She has a background in farm/land sales, residential sales, office management, recruiting and training.

In addition, GreatWest GMAC has recently welcomed a number of experienced and new real estate professionals to their offices in Sacramento, Rosevi... Read more