 |
Real Estate News |
- Home Front: Sacramento church finally lands a buyer
Land Park's Second Church of Christ, Scientist, has the happy ending it has been seeking.
Members of The Door Christian Fellowship await a service Wednesday at their new church. The congregation bought the Land
Park building from the Second Church of Christ, Scientist. The price dropped $538,000 in 15 months.
Members of
The Door
Christian
Fellowship
worship
Wednesday at
their church on
Freeport
Boulevard. For
12 years, their
church was a
Natomas
storefront. - Sacramento County incomes dropped amid housing boom
Even as housing prices doubled and the construction industry flourished, most Sacramento County residents saw their incomes effectively drop during the housing boom, according to new state tax figures.- Sacramento-area home starts fall 66 percent in March
Hurt by competition from cheaper foreclosed properties, new-home construction in California could be facing its slowest year in decades.- Home Front: Predicting bottom of housing mess takes courage
Calling the bottom of a real estate cycle is more than difficult these days. It's perilous, an invitation for news sources who answer the question to be ripped by critics.- Home builder Reynen files for personal bankruptcy protection
After months of wrangling with lenders over huge debts accumulated during the housing boom, prominent Sacramento-area home builder John D. Reynen filed Wednesday for personal bankruptcy protection.
JOHN D.
REYNEN
He co-founded
Reynen &
Bardis
Communities
35 years ago. - Home auction in Sacramento offers dreams -- for buyers
Francisco Cervantes paced like an expectant father, back and forth, until a security guard asked him to move out of the aisle. His wife, Victoria, sat patiently in one of the rows of folding chairs, paperwork in hand.
Bid takers in formal dress try to drum up excitement among audience members at a Cal Expo auction Sunday of repossessed homes. The Real Estate Disposition Corp., the Irvine-based company running the show, sold 165 homes in one day at Cal Expo, many far below their original value.
Francisco Cervantes and his wife, Victoria, center, look for an affordable home at last Sunday's auction. The Yuba City couple hoped to find a four- bedroom home closer to their jobs in Woodland.
|
© Copyright 2008, Communities Online Network, LLC. All rights reserved
