Published Friday, Jan. 22, 2010 by Jim Wasserman in the Sacramento Bee:
Sacramento had a median gain last year.
New December statistics paint 2009 as the year when Sacramento County home prices finally ended a dramatic four-year free fall.
Median sales prices for new and existing homes combined rose 0.6 percent in 2009, property researcher MDA DataQuick reported [...]
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My favorite writer in the Sacramento Bee, Jim Wasserman, says: Gov. Arnold Schwarzenegger’s proposed new $10,000 homebuyer tax credit is thrilling the real estate universe, but don’t think it’s a done deal.
Opponents, who include economists and advocacy groups, are weighing in. Their point: it’s a poor use of money in a state that’s whacking community college [...]
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