Monthly Archives: November 2012

Foreclosure Discounts Drying Up

As more investors vie for fewer foreclosed properties, prices are going up and great deals are getting scarce. Buyers of bank-owned homes in September got a 7.7 percent discount versus the same home in a non-distressed sale, according to a … Continue reading

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Bay Area job market to top US, California – Alameda Times

Bay Area job market to top U.S., California The Bay Area job market should expand more quickly than California and the nation over the next two years, primarily because of solid employment growth in the San Jose and San Francisco … Continue reading

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International Distribution Center Renews 104300 SF

International Distribution Center, a warehousing, distribution and transportation service provider, signed a lease renewal at 9311 Bay Area Blvd. in Pasadena, TX. The industrial building totals 219,000 square feet in the Bay Area Business Park, and IDC occupies 104,300 square … Continue reading

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City National Bank Hires Charlie McGann and Deven Mays as Senior Vice …

LOS ANGELES, Nov. 7, 2012 (GLOBE NEWSWIRE) — City National Bank today announced that real estate veterans Charlie McGann and Deven Mays have joined the real estate team in the Bay Area. McGann is a senior vice president and regional … Continue reading

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Housing Still Precarious in Obama’s Second Term

The housing market is on the slow road to recovery. Home prices in the last three months rose in 120 out of 149 metropolitan markets surveyed by the National Association of Realtors. Compare that to just 39 rising metros a … Continue reading

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