Biz Buzz: Home prices continue their fall
Saturday Dec 19 | via Sun-Bulletin
The median price of homes in San Luis Obispo County continued its decline in October while sales rose from a year ago, according to the latest figures from real estate tracker DataQuick Information Systems in La Jolla. Comment?
County lender files for bankruptcy
Friday Dec 11 | via SanLuisObispo.com
After four decades in the real estate business in San Luis Obispo County, lender, developer, building contractor and foreclosure firm owner Don Vaughn has filed for bankruptcy protection. Comment?
Home prices still slipping in San Luis Obispo County...
Thursday Dec 3 | via SanLuisObispo.com
San Luis Obispo County home sales - as well as the median home price - continued to slide in October, according to the latest information from MDA DataQuick, a Southern California-based real estate tracking firm. Comment?
More pain likely for San Luis Obispo County banks
Saturday Nov 28 | via Sun-Bulletin
San Luis Obispo County banks and thrifts continued to take hits from the recession in the third quarter of this year, sustaining losses, working through problem loans and beefing up reserves for future losses. Comment?
Biz Buzz: Weyrich auction postponed yet again
Wednesday Nov 25 | via SanLuisObispo.com
The public auction of winery properties owned by Paso Robles businessman David Weyrich has been delayed once again, at the beneficiary's request. Comment?
New home sales fall to historic lows
1 hr ago | via Sacramento Bee
California's housing starts remained on track for the worst annual performance in more than a half century during November, with builders pulling permits to start just 2,540 single-family homes, condominiums and apartments, the California Building Industry Association reported Wednesday. Comment?
John Paulson-Backed OneWest Turns Remains of IndyMac...
6 hrs ago | via Bloomberg Business News
The former IndyMac Bancorp , one of the biggest casualties of the U.S. mortgage meltdown, has recovered so much under new owners and a new name that regulators used it to absorb another failed California lender. Comment?
The Real Estate Yo-Yo Continues
6 hrs ago | via KMJ-AM Fresno
It's been another yo-yo year for home sales across the country with new homes staying on the market while existing homes are being bought up. Comment?
California housing market rebound a leading indicato...
Monday Dec 21 | via Examiner.com
California's housing market is often a bellwether for the nation and if the Golden State's housing market trends continue, conditions could bode well for the rest of the nation. Comment?
9 hrs ago | via Free Exchange
THE Census Bureau has released its latest state population estimates, covering 2009, and the effects of recession are clear. Comment?
Construction, real estate face hit if mortgage terms...
6 min ago | via Lake Cowichan Gazette
A senior B.C. economist is warning the Lower Mainland's recovering real estate market and construction industry will both take a hit if Ottawa makes it harder for first-time home buyers to get mortgages. Comment?
Glimmers of light on home prices
10 min ago | via Kansas' CW
In the second half of 2009, the housing market seemed to catch its breath after struggling to recover from the most severe downturn since the Great Depression. Comment?
Coos County real estate market seeing signs of hope
10 min ago | via KCBY-TV Coos Bay
It's undoubtedly been a rocky road for the real estate market this year both nationally and here in Coos County. Comment?
Silver Club casino sells for $2.5 million at auction
19 min ago | via RGJ.com
The shuttered Silver Club Casino in downtown Sparks was sold for $2.5 million to its mortgage holder Wednesday at a foreclosure auction on the steps of the Washoe County Court House in Reno. Comment?
Fannie, Freddie execs' salaries to be discl...
20 min ago | via The Seattle Times
Federal regulators plan to disclose Thursday morning that the top executives of government-controlled mortgage finance companies Fannie Mae and Freddie Mac each earned between $4 million and $6 million this year, two people briefed on the matter say. Comment?