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Sacramento Real Estate Search Resource News

Sacramento-area banks face stiff test in 2009 (The Sacramento Bee)
The Sacramento region's banks so far appear to be weathering the national recession. But they will be tested this year as defaults shift from residential real estate, which hit big banks worst, to the commercial real estate and small-business sectors – where many local banks are heavily committed. "I think most banks are going to see some deterioration in that piece of their portfolio in ...
01/07/2009    

Home Front: Sacramento-area real estate market befuddled the experts (The Sacramento Bee)
So begins a new year in the Sacramento real estate market, remarkably making its case as the fourth straight year of a downturn. A slump that began with nervous whispers in the summer of 2005 has escalated into a prolonged economic crisis that promises to define 2009. Home Front spent time in the electronic library this week, looking at how experts misjudged the extent of this decline as ...
01/02/2009    

Report: Tough commercial real estate market will linger (BizJournals)
Grubb & Ellis Co. on Monday released its 2009 global forecast that predicts a troublesome year for commercial real estate in the U.S., including Greater Sacramento.
01/05/2009    

Report: Sacramento economy to struggle until at least 2010 (BizJournals)
Sacramento-area's economy could recover in early 2010, according to an independent business forecast that debuted Wednesday.
01/07/2009    

Residential real estate (BizJournals)
It was the year of the bargain hunter in residential real estate in Sacramento. First-time homebuyers snapped up foreclosed homes, investors hoped to capitalize on foreclosure prices and future residential development land traded at steep discounts.
01/04/2009    

Home Front blog: 10 percent unemployment? (The Sacramento Bee)
Web search powered by YAHOO! SEARCH A blog about the economy and the Sacramento-area real estate market.
01/07/2009    

Sacramento Association of Realtors names new president (BizJournals)
Charlene Singley, a Realtor with Lyon Real Estate and 2007 Realtor of the Year, will become president of the Sacramento Association of Realtors Tuesday at the event’s annual luncheon at its offices at 2003 Howe Ave. Other officers to be installed are Vice President Barbara Harsh and Secretary/Treasurer Doug Covill.
01/02/2009    

Drexel University Opens Center for Graduate Studies in Sacramento (Centre Daily Times)
Drexel University today will welcome its first students in Sacramento as its Center for Graduate Studies begins classes in four of nine master’s programs slated to start this year.
01/05/2009    

Commercial real estate (BizJournals)
Two years ago, the biggest problem for the commercial real estate industry was the construction cost for new buildings. For 2009, the problem might be no new buildings.
01/04/2009    

Robert T. Monagan dies at 88; Assembly speaker, Republican supporter of major environmental law (Los Angeles Times)
Robert T. Monagan, a centrist Republican from the San Joaquin Valley who became speaker of the California Assembly in 1969 and worked with Democrats to professionalize the Legislature and pass major reforms, including the California Environmental Quality Act, died Wednesday at a Sacramento nursing facility. He was 88.
01/07/2009    

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