Local Headlines
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More homeowners request reduction in property taxes
1 hr ago | via San Francisco Examiner
Hoping to take advantage of one of the few benefits of the dismal real estate market "" a smaller tax bill "" some 5,000 Santa Clara County property owners appealed their assessment this year, 35 percent more ...
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Marcus & Millichap brokers jump to Nai BT
Monday | via Residential Real Estate
The move marks one of the larger defections in Silicon Valley from one brokerage house to another.
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Bailout skips strapped homeowners, advocates say
Monday | via Santa Cruz Sentinel
The bailout legislation passed by Congress last week is designed to bring both capital and confidence back to the financial markets.
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In Silicon Valley, more homeowners are spending more...
Sunday Oct 5 | via San Francisco Examiner
Over the last four years, the number of Santa Clara County households who spend over half their income on housing climbed by 26 percent, to more than one in five households with a mortgage, a Mercury News ...
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In this housing market, downtown San Jose condos can...
Wednesday Oct 1 | via Santa Cruz Sentinel
Lofts on the Alameda, 925 The Alameda, a Barry Swenson project has leased/rented 11 units that did not sell with out talking to owners of the rest of the units building was converted with out notice.
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Regional Headlines
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California, States Seek Inclusion in U.S. Fed's Comm...
9 min ago | via Bloomberg
California and other states say they want their tax-exempt securities to be included in a Federal Reserve program to purchase U.S. commercial paper and ease turmoil in the short-term debt markets.
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AIG's posh retreat after bailout angers lawmakers
1 hr ago | via The Standard-Times
Less than a week after the federal government had to bail out American International Group Inc., the company sent executives on a $440,000 retreat to a posh California resort, lawmakers investigating the ...
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Congressional Hearing on Aig Bailout: After rescue, ...
1 hr ago | via Atlanta Journal-Constitution
The tab included $23,380 worth of spa treatments for AIG employees at the coastal St.
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Schwarzenegger urged to address foreclosures
6 hrs ago | via Consumers Union
OAKLAND, Calif.- Gov. Schwarzenegger should make mortgage reform a key part of his efforts to address California's budget and financial woes, according to a coalition of consumer, research, and policy ...
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Governor Should Add Housing Crisis to Budget Agenda ...
7 hrs ago | via The South Mississippi Sun Herald
Gov. Schwarzenegger should make mortgage reform a key part of his efforts to address California's budget and financial woes, according to a coalition of consumer, research, and policy organizations.
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National Headlines
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2 min ago | via The Portland Phoenix
I thought both candidates did fine tonight -- except for how John McCain dropped a massive new policy proposal into the campaign that will force his campaign to talk about the economic crisis for the coming ...
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Fed, in emergency move, will lend to companies
3 min ago | via International Herald Tribune
WASHINGTON : Frantically trying to stop the bleeding on Wall Street, the Federal Reserve took a first-time step Tuesday to get cash directly to businesses and hinted that interest rates could come down soon.
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Facing Foreclosure? There's Hope for Homeowners
3 min ago | via About.com
Though it's not $700 billion, homeowners will get somewhat of a bailout. The Hope for Homeowners program, which is expected to save an estimated 400,000 homeowners from foreclosure, went into effect on October ...
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Fed to buy massive amounts of short-term debt
3 min ago | via NWI Times
The Federal Reserve moved swiftly to break through a credit clog that is imperiling the economy, saying Tuesday it would buy massive amounts of short-term debt and hinting that it may cut interest rates.
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Insurance Giant AIG's Role in Market Crisis Probed
4 min ago | via The Daily News
Executives at American International Group Inc. hid the full range of its risky financial products from auditors as losses mounted, according to documents released Tuesday by a congressional panel examining the ...
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