Local Headlines
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Riverside County property values, tax revenues fall
4 hrs ago | via Lake Elsinore Valley News
Friday, July 10th, 2009. Issue 28, Volume 9. Property tax bills for more than half of Riverside County homeowners will be lower this year because home values have plummeted, the county assessor said last week. Comment?
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Community cares: Neighbors Helping Neighbors
5 hrs ago | via Lake Elsinore Valley News
Cindy Schuck and Barbara Nugent clean out a portion of the front yard at a foreclosed house in Murrieta. Comment?
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Menifee Real Estate in the News
Thursday | via Menifee 24/7
MSNBC ran an article today about one family in Menifee whose property is deep in the tank ... Daniel Arevalo would love to sell his home in southern California, so he could move closer to his three young children. Comment?
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Inland property tax values take a big fall
Wednesday | via Business Press
The total taxable value of properties in Riverside and San Bernardino counties dropped more this year than at any time in the past three decades, maybe longer, assessors said after certifying tax rolls last week. Comment?
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County faces economic struggles in coming years
Friday Jul 3 | via Lake Elsinore Valley News
Riverside County faces economic headwinds over the next two years, with another surge in foreclosure activity, slow employment growth and marginal appreciation in home values, keeping the county's tax coffers lean, according to a report submitted to the Board of Supervisors. Comment?
Regional Headlines
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Poor leave Calif. at higher rate than rich
2 hrs ago | via Rock Hill Herald
The poor are more likely to leave California than the rich, despite concerns that the state's relatively high income tax rate is driving away the wealthy, a new study shows. Comment?
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Bay Biz Buzz: New home sales sink in state
2 hrs ago | via Ledger Dispatch
Sales of new homes plunged statewide in May compared with the year before - and the decline was even worse in the East Bay and South Bay - according to a new survey released Friday by the California Building Industry Association. Comment?
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Poor no longer California dreamin'?
2 hrs ago | via MSNBC
Wounded vets get back into the swing A A July 10: Making a Difference: Iraq war veteran Tim Bombke lost his lower right leg in the line of duty, but that didna TMt prevent him from taking up golf at the American Lakes Veterana TMs course, where wounded vets are linking up and readjusting to life at home. Comment?
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California's Budget `Incompetence' Has Community Ban...
7 hrs ago | via Bloomberg Business News
Californiaa s government-issued IOUs have put community banks in a no-win situation. Comment?
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California Major Banks Won't Accept California IOUs ...
12 hrs ago | via SF Sentinel
Louie Sanchez watches the printing of IOUs to be issued by the state controller's office. Comment?
National Headlines
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45-64s hardest hit by recession
1 min ago | via Forfar Today
People in the run-up to retirement have been hardest hit by the recession due to the double impact of rising unemployment and falling asset values, research shows. Comment?
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Obama proposes investor protections in wake of Madof...
2 min ago | via Charlotte.com
WASHINGTON Fresh on the heels of new proposals to regulate mortgages and other consumer credit products, the Obama administration on Friday sent Congress proposed legislation designed to head off another Bernard Madoff-style fraud. Comment?
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Public relations, press release distribution, invest...
8 min ago | via Business Wire
The COs are - WASHINGTON-- --Hundreds of Arkansas workers, ministers, union leaders, and faith and civil rights activists will rally outside Little Rock's Central High School, then march to the State Capitol in a - NEW YORK-- --Fitch Ratings assigns an 'AA+' rating to Florida's approximately $200 million full faith and credit department of ... Comment?
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In recession, car owners living to regret do-it-your...
11 min ago | via Alaska Journal of Commerce
Realtor Laura Musall shows the new tail light on her 2004 Nissan Altima at her home in Fishers, Ind. Comment?
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Regulations allow controls on loan modification indu...
14 min ago | via Las Vegas Sun
" Gov. Jim Gibbons has signed emergency regulations to allow the state to impose tougher controls to stop foreclosure and loan modification scams. Comment?

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