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Articles Tagged With ‘Real Estate’




California home sales hit new low in July

Written on 17 Aug, 2011 in Daily Briefs, Featured | 8 comments

California home sales dropped to their lowest level in 16 years last month as potential buyers held off purchases because of unstable markets and fears stemming from the debt ceiling debate. [Business Week.com] An estimated 34,695 new and resale houses... (Continue reading)

Pending home sales up

Written on 21 Jun, 2011 in Daily Briefs | 2 comments

Pending home sales in California rose in May, marking the first year-over-year increase in a year and a half, according to the California Association of Realtors (CAR). The association’s pending home sales index was 118.3 in May, up 1.6 percent from... (Continue reading)

San Luis Obispo County homes prices plunge 9 percent in May

Written on 16 Jun, 2011 in Daily Briefs, Featured | 9 comments

Prices of new homes in San Luis Obispo County dropped 9 percent in May from the same month a year ago even though there was a 25 percent increase in sales volume, according to the real estate research firm DataQuick.... (Continue reading)

Grover Beach’s use of redevelopment funds scrutinized

Written on 5 Jun, 2011 in Uncovered SLO | 17 comments

Critics of a proposed sale of a community garden allege Grover Beach city leaders have been using state redevelopment funds to bail out the city during revenue shortfalls by funneling money from its Improvement Agency into its general fund. And... (Continue reading)

San Luis Obispo County foreclosures on the rise

Written on 29 Apr, 2011 in Daily Briefs, Featured | 11 comments

While the country continues to see improving foreclosure rates, the number of home foreclosures is still climbing in San Luis Obispo County, according to a report from Realty-Trac. [KCOY] In San Luis Obispo County almost 1,300 homes are in foreclosure... (Continue reading)

Paso Robles lenders arrested for fraud and embezzlement

Written on 8 Apr, 2011 in Uncovered SLO | 44 comments

Real Property Lenders (RPL) of Paso Robles principals Rod Jarmin and Tammy Jordan were arrested this week for seven counts of fraud and embezzlement in connection with a scheme that allegedly swindled more than 700 investors out of $30 million. Jarmin,... (Continue reading)

Gearhart’s casino – the final gamble

Written on 10 Dec, 2010 in Featured, Uncovered SLO | 40 comments

Amidst assurances that then President George W. Bush was poised to sign off on the first step towards the development of an Indian owned casino in Paso Robles, the Salinan Indian Tribal Council entered into an agreement with four venture... (Continue reading)

Marion Davies home for sale in Beverly Hills

Written on 2 Sep, 2010 in Discovered | No comments

Marion Davies was always the other woman in the life of William Randolph Hearst and he once showed his affection by purchasing a Beverly Hills mansion for her in the mid-1920’s. Today the five-bedroom, five-and-a-half bath residence is on the... (Continue reading)

California home prices continue to rise

Written on 15 Apr, 2010 in Daily Briefs | 4 comments

Home prices in California have continued to increase for the fifth month in a row adding up to a 14 percent increase from March 2009. [AssociatedPress] The medium price of a home has increased to$235,000 from $223,000 in 12 months, according... (Continue reading)

SLO County ranked third most expensive place to live

Written on 28 Feb, 2010 in Daily Briefs | No comments

A recent report places San Luis Obispo County third on the list when it comes to being the least affordable place to live in the United States. [SantaMariaTimes] The study, conducted by the National Association of Home Builders, focuses on... (Continue reading)