Report: Foreclosure Activity Below Pre-Recession LevelsApril 14, 2016 | Steve MilneA new real estate report finds that California is among a dozen states where foreclosure activity is now below the pre-recession average. Listen / download audio Update RequiredTo play audio, update browser or Flash plugin.
Report: Home Prices Outpacing Wage GrowthMarch 24, 2016 | Steve MilneNew data show Sacramento County homes prices increased by 6 percent in the first quarter of this year compared to a year ago. During the same period, wages went up by only 2 percent. The numbers appear in RealtyTrac's "Home Affordability Index." Listen / download audio Update RequiredTo play audio, update browser or Flash plugin.
RealtyTrac: Investors Flipping Fewer Sacramento Area HomesMarch 3, 2016 | Steve MilneNew real estate numbers suggest investors are buying fewer Sacramento area properties to flip, or resell within a 12-month period. RealtyTrac says 6.8 percent of properties that sold last year were flips, an annual drop of nearly 13 percent. Listen / download audio Update RequiredTo play audio, update browser or Flash plugin.
Report: Sacramento Ranks High Among FHA Home BuyersFebruary 4, 2016 | Steve MilneA new report suggests the Sacramento area had one of the country's highest shares of first-time home buyers in 2015. RealtyTrac says nearly 22 percent of buyers in the region used FHA loans, about 6 percent higher than the national average. Listen / download audio Update RequiredTo play audio, update browser or Flash plugin.
Report: Foreclosures Return To Pre-Recession LevelsJanuary 14, 2016 | Steve MilneYear-end housing data released Thursday show foreclosure activity continues to decline in California. Research firm RealtyTrac says 2015's overall foreclosure numbers are the lowest in nearly a decade. Listen /Update RequiredTo play audio, update browser or Flash plugin.
Report: More Affordable To Rent Than Buy In Sacramento AreaDecember 23, 2015 | Steve MilneA new housing report finds it's more affordable to rent than to own in Sacramento County. The data show if you're making the average weekly wage, it would take 35 percent of your income to rent a three-bedroom home in the county. Listen / download audio Update RequiredTo play audio, update browser or Flash plugin.
RealtyTrac: Bank Repos Up 26 Percent Year To DateDecember 10, 2015 | Steve MilneData released today show 2,567 California homes were repossessed by banks in November. Research firm RealtyTrac says that was an increase of 26 percent compared to a year ago. Analysts say banks continue to work through the backlog of foreclosures. Listen / download audio Update RequiredTo play audio, update browser or Flash plugin.
RealtyTrac: Home Repossessions Down In OctoberNovember 12, 2015 | Steve MilneSacramento area housing data for October released this morning show there were 235 properties repossessed by lenders in October. RealtyTrac says that was down nearly five percent from September. And it was a 13 percent decrease from a year ago. Listen / download audio Update RequiredTo play audio, update browser or Flash plugin.
Report: Q3 Home Sellers See Big Price GainsNovember 5, 2015 | Steve MilneSacramento area homeowners who sold in the third-quarter saw price gains, on average, more than 5 percent higher than other U.S. metro areas, according to a new RealtyTrac report. Listen / download audio Update RequiredTo play audio, update browser or Flash plugin.
RealtyTrac: August Foreclosure Numbers MixedSeptember 17, 2015 | Steve MilneResearch firm RealtyTrac is out with new home foreclosure numbers for August. The data show 4,400 California properties received foreclosure starts, or notices of default. That's down 30 percent from a year ago. But bank repossessions are up. Listen / download audio Update RequiredTo play audio, update browser or Flash plugin.