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Real Estate Homes « California « San Diego Real Estate

Real Estate, Homes, FSBO - Alpine, CA

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San Diego Real Estate Search Resource News

Storm Properties Sells Industrial Portfolio for $52M (Commercial Property News)
Storm Properties sold approximately 545,000 square feet of its industrial real estate portfolio to TA Associates Realty for more than $52 million. A total of 13 industrial properties located in Los Angeles and San Diego counties were sold.
10/11/2008    

San Mateo County boasts AAA credit rating (San Mateo County Times)
Strong job market, high incomes, solid real estate among reasons for AAA score
10/11/2008    

REIT REDUX? Fears of a ‘Prolonged’ Commercial Real Estate Slump Prompt Memories of 2001 (CoStar Group)
Like almost every publicly traded company, real estate investment trust shares have taken a sharp punch to the solar plexus followed by a persistent pounding since mid-September. Not surprisingly, companies with a dire need to refinance a sizable amount...
10/08/2008    

Bailout Won’t Fix Housing Crisis, Real Estate Pros Say (San Diego Business Journal)
The financial panic that triggered global market sell-offs and brought Iceland to the brink of bankruptcy last week can be traced back to homeowners, who for one reason or another, defaulted on their mortgages.
10/10/2008    

Local companies are feeling the pain (San Diego Union-Tribune)
As stocks tumbled in recent days, shares in San Diego companies were hit as hard or harder in many cases than the market overall. Of the 70 San Diego public companies with the largest market capitalizations, only six posted gains for the week.
10/11/2008    

Upside-Down? Go Short (San Diego Reader)
In San Diego’s hemorrhaging real estate industry, it’s better to be upside-down and rich than upside-down and poor. That may sound axiomatic — it’s always nicer to be rich than poor — but carriage-trade folks whose homes are underwater can work the system more easily than poor folks in the same sorry situation.
10/08/2008    

Wall Street bailout harkens back to S&L crisis (Seattle Times)
The $700 billion bailout of Wall Street's subprime-tainted securities hearkens back to the real-estate bets that sparked the savings-and-loan crisis in the 1980s. The geography is the same, too.
10/11/2008    

California competition erodes SBA loan origination (Las Vegas Business Press)
Although not readily visible to the hundreds of small business owners seeking real estate or heavy equipment loans through the U.S. Small Business Administration, one part of the lender lineup has gone through a dramatic shift.
10/08/2008    

Coldwell Banker discounts homes by as much as 10 percent in sales event (San Diego Daily Transcript via Yahoo! News)
Coldwell Banker began a national 10-day sales event Friday that has approximately 170 homes San Diego County homes discounted as much as 10 percent.
10/10/2008    

Company Issues Urgent Letter to Henry Paulson Regarding California Housing Crisis (PR.com)
Renttoday.us issued an urgent letter to US Treasurer Henry Paulson asking to have the Southern California housing crisis addressed. The letter found on the company's website cites that the recent crash on Wall Street is keeping displaced homeowners in the shadow of financial crisis. [PR.com - October 10, 2008]
10/10/2008    

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