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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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“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 ...
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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 ...
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Sacramento Office Vacancy Rate Surges Over 20%
July 23, 2009 · Category: Real Estate, Sacramento
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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
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