Sacramento Archive
Sac Bee: Granite Community Bank In Big Trouble
February 11, 2010 · Category: Sacramento
Problem loans for residential and land development have placed Granite Community Bank, a small lender in Granite Bay, at risk for failure and seizure by the government, according to regulatory filings and banking analysts.
The bank ...
Posted by Greg Feirman · Comments Off on Sac Bee: Granite Community Bank In Big Trouble
Continuing Stabilization In Sacramento Home Market
December 21, 2009 · Category: Real Estate, Sacramento
On Friday, the Sac Bee published Data Quick's November data for the Sacramento-area single family home market. The most notable data point was the first year over year price increase for existing single family homes in ...
Posted by Greg Feirman · Comments Off on Continuing Stabilization In Sacramento Home Market
Sac Bee: FHA Loans Soar In Sacramento Area
Source: "FHA Loans Soar In Sacramento Area", The Sacramento Bee, October 3
Does anybody doubt that the FHA and Ginnie Mae, which guarantees FHA mortgage backed securities, will need a government bailout just like Fannie and ...
Posted by Greg Feirman · Comments Off on Sac Bee: FHA Loans Soar In Sacramento Area
Sac Bee: New Meltdown Looms As Sacramento Area Commercial Vacancy Rate Rises
It's very analagous to what happened with the residential market. Money was cheap, growth was rapid, and we built a lot more product than we needed.
- Mark Friedman, a prominent Sacramento commercial developer
Good article on ...
Posted by Greg Feirman · Comments Off on Sac Bee: New Meltdown Looms As Sacramento Area Commercial Vacancy Rate Rises
August Sacramento Home Sales Data Support Stabilization Thesis
Click here for larger graphic
The overall volume of home sales in the 8-county Sacramento region dropped about 16% from the year ago period while prices were firm month to month. The median sales prices of ...
Posted by Greg Feirman · Comments Off on August Sacramento Home Sales Data Support Stabilization Thesis
Five Sacramento-Area T.G.I. Friday’s Closed
September 21, 2009 · Category: Macro Economics, Sacramento
According to the Sac Bee, five Sacramento-area T.G.I. Friday's were closed over the weekend. A sign at the Howe Avenue location in Sacramento on Sunday apologized for "the inconvenience this is causing our valued customers".
The five ...
Posted by Greg Feirman · Comments Off on Five Sacramento-Area T.G.I. Friday’s Closed
“The Real Sullivan Group”
September 3, 2009 · Category: Sacramento, The Investment Advice Business
[My clients are] the real Sullivan Group.
- Sheila Carroll, a Sacramento attorney representing the Lehmann-Halverstadt Group
There is a little dispute going on among a Roseville Investment Advisor called The Sullivan Group. Some members decided to ...
Posted by Greg Feirman · Comments Off on “The Real Sullivan Group”
Homebuilders Buying Up Lots, Especially in Placer County
August 19, 2009 · Category: Real Estate, Sacramento
There is a consensus out there that we are at the bottom or pretty darn close.
- James Radler, a Roseville based land broker wtih Park Place Land Advisors of Irvine, CA
They're trying to position themselves ...
Posted by Greg Feirman · Comments Off on Homebuilders Buying Up Lots, Especially in Placer County
Sacramento Office Vacancy Rate Surges Over 20%
July 23, 2009 · Category: Real Estate, Sacramento
Posted by Greg Feirman · Comments Off on Sacramento Office Vacancy Rate Surges Over 20%
Sac Bee: Mass Layoffs On The Rise
Source: "Sacramento's wave of lost jobs hits some harder than others", The Sacramento Bee, July 14, A1
Posted by Greg Feirman · Comments Off on Sac Bee: Mass Layoffs On The Rise
