Placerville makes way for the latest “evil knevils” of their time with the Placerville speedway catching momentum this year. This event normally conducted at El Dorado County Fairgrounds on a quarter mile oval. There is news of newly built cars and admission for sneak preview will happen later in the month. Apart from the speed racers, the kids also get bicycle races and other categories of races, including your police personnel, will also be conducted keeping the residents glued to all the racing action.

Chuck’s is another interesting spot for the locals and the travelers, which is... Read more

Real estate is a very competitive industry where property marketing plays a very important role. Real estate professionals usually consider property marketing as just looking out for clients by placing ads on advertising sites, distributing brochures or newsletters. However, the act of property marketing in real estate has more than just advertising. As a real estate agent you must ensure that you make the most effective use of the resources by investing on the right marketing strategy. The strategy you utilize to market your real estate agency will have a great impact on your commercial image... Read more

Gone are the days when people would travel to different cities or countries to just attend a meeting. We now live in an era where we can communicate with a person at the other end of a video screen. It is the era of video conferencing and video communication. A video clipping explains the scene better than hundred words.
Internet plays an important role in video communication. The most famous internet communication tool in the present day is the YouTube. The Community videos available on YouTube have the advantage of reaching out to a wider population in a single attempt.

Commun... 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

This is a great article about a huge solar project in Sacramento. Enjoy.
By Jim Downing
jdowning@sacbee.com


Published: Thursday, Nov. 12, 2009 - 12:00 am | Page 8B


The roof of a North Sacramento plastics factory will host the biggest West Coast installation of a new type of solar panel.

The technology, built by Fremont’s Solyndra Inc., uses racks of solar cells roughly the size and shape of long fluorescent light tubes. The shape allows the panels to harvest sunlight from any angle, including what’s reflected from the white rooftops com... Read more

Date: November 11, 2009



To: GMAC Real Estate Sales Associates

From: Graham Badun, Managing Partner & CEO, Brookfield Residential Property Services



Re: GMAC Real Estate to be Re-branded ‘Real Living’



I am very pleased to let you know that Brookfield Residential Property Services has acquired Real Living Network Services, and as a result will now rebrand GMAC Real Estate as Real Living.

Real Living is a national, award winning company known for its innovation, customer service and track re... Read more

Recession’s over, but it doesn’t feel that way in capital area

It looks like the longest U.S. recession since the 1930s is over.

So why doesn’t it feel that way?

After four quarters of shrinking, the nation’s economy – as measured by its gross domestic product – grew 3.5 percent in the third quarter, the Commerce Department reported Thursday.

But the news did little to erase the gloom that has settled over Sacramento’s economic landscape like a thick tule fog.

Local businesses are keeping the umbrellas within arm&rsquo... Read more

Hats are off today to Sacramento’s Michael Choe, 43, a supervising engineer with the state Department of Toxic Substances Control. This week he earned his second appearance in Time magazine since 2005 – for making good calls in this crazed real estate market.

Choe sold high in 2004.

He rented for four years.

He bought low in 2008.

As the housing crash continues, Choe’s is the ultimate wish-we-had-done-that tale.

In September 2004, as the market soared (the median price was 25.6 percent higher than the same time a year earlier in Sacrame... Read more

Troubled homeowners wrestle with loan holders

By Kevin G. Hall

http://www.sacbee.com/business/story/2111186.html?storylink=pd

WASHINGTON – Nearly three years into the deepest U.S. housing slump in generations, lenders are modifying only a small number of problem mortgages, and rising foreclosures are restraining the economy’s recovery.

The Obama administration has stepped up pressure on lenders and their mortgage servicers, who act as bill collectors on behalf of investors who own mortgage bonds. The administration on Aug. 4 unveiled the first of what... Read more

August 10, 2009
Bad June swoon for Sacramento-area homebuilders

http://www.sacbee.com/static/weblogs/real_estate/

Ouch! Homebuilders in Sacramento, El Dorado, Placer and Yolo counties reported their second worst sales month of 2009 in June, selling just 197 homes, condominiums and townhouses, the California Building Industry Association reported about an hour ago.

These things happen. But the regional sales tally was the lowest since January, when builders sold 163 homes, reported the CBIA, a trade group for state homebuilders.

It rather flies in the fac... Read more

Construction: New land deals seen

By Jim Wasserman
jwasserman@sacbee.com

http://www.sacbee.com/business/story/2080102.html?storylink=pd

The real estate market isn’t cured yet, but several indicators suggest that it is beginning that long, slow and greatly anticipated climb out of intensive care.

If so – and if the patterns continue – the market here could stabilize, finally reversing the decline that has marked the capital region as one of the worst-hit metro areas in the United States. Sacramento’s ill-fated housing boom peaked four years ... Read more

Home Front: How assessor slashes property values

By Jim Wasserman
jwasserman@sacbee.com

http://www.sacbee.com/business/story/2014910.html

This week the Sacramento County Assessor’s Office – and more like it across the great foreclosure belts of California – chopped property values again on nearly everything built in the housing boom.

The value slashing in Sacramento County that started in 2007 with 50,000 properties and 90,000 last year, reached 170,000 in 2009. That’s nearly every lot carved from a pasture and turned into a new house sinc... 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

Home Front: Despite programs meant to help, many homeowners still frustrated

By Jim Wasserman
jwasserman@sacbee.com

http://www.sacbee.com/business/story/1978579.html


Day in and day out since 2007, callers who struggle with mortgages throughout the Sacramento region, those who can’t sleep for worrying, who want to stay with houses that have lost $150,000 in value, have phoned Home Front to fret and express a common sentiment.

"My lender," they say, is "difficult." Callers complain about long waits, bureaucratic snafus and a sense of not bei... Read more

Waiting game on low mortgage rates backfires

By Mark Glover
mglover@sacbee.com


http://www.sacbee.com/business/story/1903523.html


Sacramento-area homeowners and prospective first-time homebuyers might be wondering: Did we miss the boat on mortgage rates?

The short answer from experts is: Probably, but rates are still very attractive.

For 10 weeks, mortgage rates were riding well below 5 percent on 30-year loans, but housing and industry analysts speculated that many first-time homebuyers and homeowners looking to refinance existing mo... Read more