Cradled in the heart of the City of Sacramento, is Sutter's Fort In 1839, John Sutter, a Swiss immigrant acquired a land grant in the Sacramento Valley from the Mexican government. The land was used to create a growing agricultural enterprise, which Sutter named, New Helvetia (New Switzerland.)
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01/31/2009
Here's an example of why parents should always check their children's homework before they hand it in: A first grader handed in the drawing below for a homework assignment.After it was graded and the child brought it home, she returned to school the next day with the following note: Dear Ms. Davi
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01/30/2009
For those who haven't already seen it, there is a terrific documentary on PBS that is worth viewing. "The Ascent of Money" is one of the more detailed accounts of how home mortgages escallated into the world of the derivative products market, with each money guru adding on fees as each product w
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01/29/2009
While plugging into stories about Bernie Madoff, and Citigroup's near acquisition of a new $50 million dollar jet, I came across this story: Ex-CEO of Lehman Bros. deeds house to wifeJanuary 26, 2009 Ex-CEO of Lehman Bros. deeds house to wifeThe former CEO of Lehman Brothers has deeded his Florid
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01/27/2009
The following graph provides sales statistics for the county of Sacramento. In addition there are links to the surrounding counties of: El Dorado, Placer and Yuba. They compare December 2008 to the year prior (December 2007), as well as data for November 2008 vs. November 2007. In most areas th
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01/24/2009
Often home buyers who are obtaining a mortgage for a newly purchased home, will ask, "What are points?" The answer - Each point or discount point, as real estate professionals and mortgage lenders often refer to them, are equal to 1% of the loan amount. For example, on a $100,000 loan, one disco
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01/24/2009
Several times recently, I have had conversations with friends, family and clientele. And often, the question arises, "Myrl, when did you begin to know we were trouble with the housing market?"I remember the first time the question came up, my mind wandered back to the summer of 2005, when I was
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01/21/2009
Home ownership not only provides a great shelter for you at tax time. If you are in a higher income bracket that shelter can become even more valuable to you. It can also make good financial sense. So, you may be asking, "How much of a mortgage payment can I afford?" Rent:_____________________
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01/20/2009
I watched a travel documentary this weekend, which spoke about the California Gold Rush, and the Nevada Comstock Load. According to what was presented, in TODAY'S dollars, the gold taken from the California Mother Lode would be worth approximately $13 billion, and the silver extracted from the N
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01/19/2009