voiceofdetroitSWAPS PROBE FINDS BANKS [INCLUDING DETROIT CREDITORS], RIGGED …voiceofdetroitCompanies, pension funds and investment firms from CalPERS, the largest U.S. pension, to Newport Beach, California-based Pimco, manager of the world's biggest mutual fund, use the kind of derivatives at the heart of the ISDAfix probe to hedge against … …read more

One-third of Rancho Murieta has changed hands in a massive land sale by the union pension fund that developed the still-unfinished community 40 years ago in rural eastern Sacramento County. People fish on a lake in Rancho Murieta. …read more

By drhousingbubble Las Vegas is a fascinating case study of a market that can boom, then bust, and then boom again all within the timeframe of one decade. It is telling that for the first time in history we are living in a global real estate market where booms and busts follow one another like […]

RSI Alert For Top-Ranked Washington Real Estate Investment TrustForbesWashington Real Estate Investment Trust (NYSE: WRE) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most “interesting” ideas that merit further research by investors. But making …and more …read more

Solano County falls off top of state foreclosure listThe ReporterThe real estate data collection firm revealed that, in May, one in every 799 homes statewide was in some stage of foreclosure; in Solano County, it was one in every 468. California's top spot, however, is Lassen County, where one in every 182 homes was … […]

In the county that brought the Gold Rush, surging with newcomers and rough-hewn mining camps, prospects of another boom are unnerving the modern-day populace. Andrea Howard of the Parker Development Co. walks in an old lime quarry that is the site of the planned 3,236-home Marble Valley project. A road sign in Shingle Springs expresses […]

Two major banks sued the city of Richmond and a San Francisco investment firm Wednesday over a plan to use the city’s power of eminent domain to seize underwater mortgages and slash the amounts that borrowers owe. …read more

The Revisionist National Income And Product AccountsEconomic PopulistThe Bureau of Economic Analysis has revised the National Income and Product Accounts all the way back to 1928. With the release of Q2 GDP, Gross Domestic Product magically added $559.8 billion to 2012 GDP in current dollars. Additionally the chained … …read more

Lathrop's long-abandoned theme park resurfaces in investigative reportStockton RecordArmed with a 57-page business plan labeled “confidential,” Carpenter set out to raise money for what she billed as a $3.49 billion “city within a city” featuring more than 12,000 homes, the world's largest movie studio, an “up-scale California gaming …and more …read more

Ooh La La is Stockton's 'unique boutique'Stockton RecordAugust 11, 2013 12:00 AM. STOCKTON – Annette Hoag works in two worlds. Annette's Jewelry & Loan Co. is a cross between fine jewelry, extraordinary antiques and a pawnshop – a place where blue-collar, working-class Stockton rubs shoulders with bargain … …read more

By drhousingbubble The California housing market is providing us with two different pictures. First, home prices have surged and inventory is still very low (although increasing from the spring low). However, the homeownership rate continues to decline from the peak reached in 2006 of 60.2 percent. Today the California homeownership rate is 54.5 percent. How […]

McDonald's franchisees rebel as chain raises store feesSTLtoday.comAnother cadre of McDonald's store owners met in Stockton in June to discuss similar issues. The group in Paramount suggested reducing rents, royalty rates and creating a regional real estate team of store owners to help set lease rates. Rent is “the … …read more

Reminder – Monmouth Real Estate Investment (MNR) Goes Ex-Dividend SoonForbesLooking at the universe of stocks we cover at Dividend Channel, on 8/13/13, Monmouth Real Estate Investment Corp (NYSE: MNR) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 9/16/13. As a percentage of MNR's recent stock price of …and more …read more

Plans To Grant Investor Residency Could Revive Spain's Real Estate MarketForbesHowever, hope is on the horizon for the Spanish real estate sector. Last May, borrowing a leaf from the book of other beleaguered countries, including Portugal and Cyprus, the Spanish government put forward a bill, the Proyecto de Ley de apoyo a los … …read […]

In the seven years since the housing market started to fall apart, politicians of both parties have promised repeatedly to build a better system for financing the American dream of owning a home. There is little sign of progress. Doug Mills The New York Times President Barack Obama talks with chief operations officer Robert Quinonez […]

McDonald's franchisees rebel as chain raises store feesThe News JournalMcDonald's is “doing everything they can to shift costs to operators,” said Kathryn Slater-Carter, who in June joined other franchisees in Stockton, California, to brainstorm ways of getting the chain to lessen the cost burden. “Putting too much focus …and more …read more

By drhousingbubble The interest only loan is back but in a very specific way. There are a few people with relatively high incomes that are using these to their advantage. I decided to run a quick test trial on this to see what it would cost to go with an interest only loan on a […]

Northwest Healthcare Properties Real Estate Investment Trust Becomes …ForbesIn trading on Tuesday, shares of Northwest Healthcare Properties Real Estate Investment Trust (Toronto: NWH-UN) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $10.60 per share. By comparison, the current …and more …read more

McDonald's franchisees revolt over rising costsFinancial PostMcDonald's is “doing everything they can to shift costs to operators,” said Kathryn Slater-Carter, who in June joined other franchisees in Stockton, California, to brainstorm ways of getting the chain to lessen the cost burden. “Putting too … “Across …and more …read more

The Altman Brothers: How They Sold $200 Million In Real EstateForbesThe Altman Brothers, Josh and Matt, have been dominating luxury real estate in LA's most exclusive, posh communities since joining the prestigious Hilton & Hyland firm seven years ago – each conducting an average of $40+ million in sales each year.and more …read more

The first six months of 2013 brought a remarkably fast recovery to Sacramento’s real estate market. …read more

Cindy Amrine knows there are no guarantees of security for her and her four teenage daughters, whose only certainty is the loss of their longtime family home after Bank of America foreclosed and sold it to investors. Cindy Amrine, right, prepares to add an event to a calender last week while daughter Kristin, 15, hugs […]

A mother and four teenage daughters who lost their Citrus Heights home to what they claim was a wrongful foreclosure auction now have until July 31 to find a new house. Donors want to help Cindy Amrine. Teagan Sherr and her sisters have boxed up family mementos as they prepare to be homeless. A bank […]

Sacramento activists protesting Bank of America’s foreclosure practices said they got into a confrontation with bank personnel at the Oak Park branch Saturday, effectively closing the location for more than an hour. …read more

By drhousingbubble A recent survey of potential home buyers found that many were willing to use unconventional purchasing methods. The term used was ‘aggressive’ buying tactics. Yet when we look at what was found is that people are willing to overbid and almost beg for buying a home. This has been the case for the […]