Biz Buzz: Home prices continue their fall
14 hrs ago | 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?
David Weyrich Facing Foreclosure on Prized Propertie...
Nov 14, 2009 | via Hotel Online
David Weyrich Facing Foreclosure on Prized Properties Including Martin and Weyrich Winery and the Luxury Bed-and-Breakfast Inn, Villa Toscana, Paso Robles, California Nov. Comment?
Failed First Federal Bank Branches Reopen as OneWest...
13 hrs ago | via KTLA
The 39 branches of the failed First Federal Bank of California will reopen Saturday as branches of OneWest Bank. Comment?
First Federal Bank of California and Imperial Capita...
20 hrs ago | via Los Angeles Times
Two more loss-battered Southern California banks were shut down by regulators Friday and immediately sold to two of the largest financial institutions based in the region. Comment?
Regulators shutter 2 big Calif. banks, 5 others
21 hrs ago | via Victoria Advocate
Originally published December 18, 2009 at 5:46 p.m., updated December 18, 2009 at 8:51 p.m. WASHINGTON a ' Regulators on Friday shut down two big California banks, as well as banks in Alabama, Florida, Georgia, Michigan and Illinois, bringing to 140 the number of U.S. banks brought down this year by the weak economy and mounting loan defaults. Comment?
23 hrs ago | via WTOP
Four years ago, suicides in this northern city were running at nearly double the national rate, and as the global financial meltdown hit Japan, they might have been expected to go even higher. Comment?
Home sales inching up in California
Friday | via Miami Herald
Sales and home prices inch up in Southern Calif. Similar stories: Sales and home prices inch up in Southern Calif. Comment?
Dozens Apply To City's Homebuyer Program
3 hrs ago | via WPBF-TV
Dozens of prospective homeowners lined up outside the Coleman Park Community Center on Saturday morning, hoping to take advantage of a new city program. Comment?
Regulators shutter seven more banks
9 min ago | via Daily Herald
Regulators on Friday shut down two big California banks, as well as banks in Alabama, Florida, Georgia, Michigan and Illinois, bringing to 140 the number of U.S. banks brought down this year by the weak economy and mounting loan defaults. Comment?
Benefit Held For Lebanon Horse Owners, Families
21 min ago | via WCPO-TV9 Cincinnati
LEBANON, Ohio -- Steve Hockaday went from owning and training three horses to nothing in a matter of minutes. Comment?
FirstFed Fails; Among L.A.'s Oldest and Biggest Lenders
21 min ago | via Los Angeles Business Journal Online - business news and information for Los Angeles California
Unable to repair a loan portfolio filled with billions of dollars in decaying adjustable-rate mortgages, FirstFed Financial Corp., one of L.A.'s oldest and largest financial institutions, was closed late Friday by federal and state regulators. Comment?
Commercial real estate on shaky foundation
24 min ago | via San Francisco Chronicle
Optimism about a national economic recovery, fueled by rising stock prices and an improved residential real estate market, is tempered by the widespread belief that a raft of commercial real estate loan defaults is just around the corner. Comment?