Monthly Archives: June 2012

Four California state parks get a reprieve

Posted on June 30, 2012 by sheri

SACRAMENTO — California officials said Friday that only one park will be closed come Sunday, revising plans announced a day earlier to cease operations at five parks. Providence Mountains State Recreation Area, in a remote part of San Bernardino County, … Continue reading →

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Judge delays numbering of California ballot measures

Posted on June 30, 2012 by sheri

SACRAMENTO — A judge here Friday stopped the state from assigning the order in which propositions will appear on the November ballot while he considers a lawsuit filed by the proponent of one such measure. Sacramento County Superior Court Judge … Continue reading →

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California’s piers: Enjoy their primal allure

Posted on June 30, 2012 by sheri

How was that little vacation you took? You remember. It cost you almost nothing, it burned some calories (or, after that ice cream cone, added a few) and briefly immersed you in quintessential California. It was that walk on a … Continue reading →

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Real Estate Broker, Agent Charged With Theft, Defrauding Area Homes

Posted on June 30, 2012 by sheri

Two businessmen were recently arrested and each charged with 102 felony counts of grand theft and identity theft, crimes that reportedly spread across two counties. John Martynec, 38, from Long Beach, and Elek Andrade, 27, from Downey, were arrested at … Continue reading →

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REAL ESTATE: Homeowner protesting ‘dual-tracking’ gets loan modification … – Press

Posted on June 30, 2012 by sheri

Bessie Johnson, who nearly lost her Riverside home to a sheriff’s sale and became an Inland symbol of homeowners caught in dual-tracking, credits the June 19 rally in the lobby of a Wells Fargo branch bank to the June 26 … Continue reading →

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The best piers in California

Posted on June 30, 2012 by sheri

Let’s call these MVPs—Must Visit Piers. Here are my choices from south to north: Southern California —Coronado Ferry Landing, San Diego: Don’t tell San Francisco, but this spot may have the most jaw-dropping city views in the state. Highlights include … Continue reading →

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Build the Pool First, and Home Buyers Will Come

Posted on June 30, 2012 by sheri

Despite a slow and cautious recovery in housing, the nation’s big public home builders appear to be gaining ground…and building on it. Both Lennar [LEN  Loading...      ()   ] and KB Home [KBH  Loading…      ()   … Continue reading →

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Has San Leandro Real Estate Bottomed Out?

Posted on June 29, 2012 by sheri

  An analysis of real estate data from Oakland yielded the following findings: there were 10,508 foreclosures from October 2007 through October 2011; 42 percent of these properties were acquired by investors; of the 30 largest investors, two-thirds were from … Continue reading →

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Kilroy Realty Closes $97.0 Million Mortgage Loan

Posted on June 29, 2012 by sheri

Kilroy Realty Corporation (NYSE:KRC) today announced that Kilroy Realty, L.P. has obtained a $97.0 million, fifteen year, non-recourse mortgage that bears interest at a rate of 4.48%. The mortgage matures on July 1, 2027 and is secured by office properties … Continue reading →

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6 Reasons To Believe The Real Estate Market Is Healthy Again

Posted on June 29, 2012 by sheri

Following a dramatic four year housing slump it may take many years before the general population in America realizes the real estate market is once again healthy and able to meet wealth building expectations. However, some of the most important … Continue reading →

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