Filed under: Foreclosure Fever, Mortgage Mania, The Market | Leave a Comment »
Cheap Houses in the East Bay
Posted on June 13, 2007 by Barbara E. Hernandez
Time for our regular feature where we see and discuss the cheapest houses in the East Bay. In Alameda County, one of the cheapest on ZipRealty is this little 656-square-foot cottage in San Leandro that looks like it’s better-suited to a commercial use and the listing suggests that it could be a beauty salon. Check [...]
Filed under: Uncategorized | 1 Comment »
Recession Coming?
Posted on June 11, 2007 by Barbara E. Hernandez
If you all don’t know by now, I think a recession is well on its way. I think all the signs are there. But I also tend to be fiscally pessimistic, so you may want to consult your financial planners. Either way, while real estate is a great long-term investment, there are better short-term options [...]
Filed under: Mortgage Mania, The Market | 1 Comment »
Rising Interest Rates?
Posted on June 8, 2007 by Barbara E. Hernandez
Well, if you noticed in the last 24 hours, interest rates rose a significant amount. The average 30-year, fixed-rate mortgage is 6.19 percent today, as opposed to 6.01 percent last week. Globally, fears of inflation have driven the rates as well as increased investment. The United States didn’t want to be alone in this, so [...]
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Sold for $20 million!
Posted on June 5, 2007 by Barbara E. Hernandez
If you saw my story on the Saul Zaentz Media Center this weekend, it may have been a surprise that such a famous building was out here in the East Bay. According to several people, the compound was seen from the street but few people connected it to Oscar-winning films like “Amadeus,” “One Flew Over [...]
Filed under: The Market | Tagged: Berkeley, Creedence Clearwater Revival, David Bowie, Green Day, Saul Zaentz, Thelonius Monk | Leave a Comment »
“Green-Washing”
Posted on June 2, 2007 by Barbara E. Hernandez
I discovered a new word today, used in a panel on green building today. Jack Armstrong, director of building and construction for BASF, used it in explaining why he or his company don’t like to identify themselves as “green.” “We like to use phrases like high-performance, durability,” he said. “Green — it’s a bit of [...]
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