“They shouldn’t be there in the first place.”

That’s kind of the attitude I seem to be getting from a lot of East Bay residents and beyond when there’s talk about the subprime fallout and how it’s affected all home loans. I remember writing the story and talking to Christopher Thornberg, an economist and founding partner of Beacon Economics based in West Los [...]

Who’s your fortuneteller? Not me!

I get a few calls a day from people asking me what’s a “good buy” right now. “Should I invest in office condos or my own building?” I was asked by a persistent caller yesterday. And while I did spend a few months in college as a part-time phone psychic, I’m a better newspaper reporter. [...]

Housing starts dropped 42 percent in February

Although probably not a surprise to anyone reading the hundreds of reports of home building on the decline, the California Building Industry Association reported today that housing starts fell 42 percent from last year in February. Building permits were pulled for 6,214 single-family homes in the state, also down 35 percent from last February. CBIA [...]

Office Condomania!

If you have seen my story today on office/commercial condominiums, you would know that it’s a growing trend for small business owners who want to own their own property. Venture Corp. has several projects still selling in the Bay Area and will have more in the coming year. Will office and commercial condos hold their [...]

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