Will the government save our beleaguered homeowners *thisclose* to losing their homes? I’m not banking on it, but maybe you all have more faith than I do in the federal government. Read on: WASHINGTON — The Bush administration and major financial institutions are close to agreeing on a plan that would temporarily freeze interest rates [...]
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Have a million bucks? Then I have a condo in Walnut Creek I’d like to sell you. Really. Prometheus Development Group created the Mercer, a 181-condo development with condos selling for $475,000 to $1.25 million. You can read the story by George Avalos here. Marketing executives say 18 of the 23 condos costing $1 million [...]
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It’s huge, it’s shiny, it’s full of the faithful in our heathen East Bay — it’s Cathedral of Christ the Light! It’s the Oakland Diocese’s new $190 million cathedral. (Real all about it here.) Yes, it could be the Great, Shiny Hope of downtown Oakland/Lake Merritt, since city leaders believe development ramped up recently because [...]
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Is it the lone bathroom or the lack of airconditioning? That it’s less than 900 square feet? Wall-to-wall carpet? Is it the split-level construction or the formal dining room that doesn’t speak to the modern seller? According to the Post, it could be all those things. Other things the Post’s Elizabeth Razzi sees as relics: [...]
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I don’t know how much you or anyone follows the Consumer Confidence Index, but they survey 5,000 households about attitudes and interpret that data every month. Here’s what they said today: Consumers’ assessment of present conditions waned further in November. Those claiming conditions are “good” decreased to 22.3 percent from 23.2 percent. Those saying conditions [...]
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Oh, man, I saw this “SNL” snippet [that has been taken off this blog by WordPress, so you will have to hit the link. Sorry!] and laughed. It’s what we all think, but never say. Maybe consumers this holiday have learned lessons from excessive debt, maybe from real estate, and are staying away from it. At [...]
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