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Statewide new home sales were up 9.4% in January as compared to December 2006, but down by 18.6% as compared with January of last year according to the California Building Industry Association. Median prices, however, were essentially the same as December, but up 2.2% from January of last year.
Builders, who began controlling releases and …
The national unemployment rate dropped to 4.5%, providing further evidence of the strength and stability of the economy. Average hourly wages also increased, with the last 12 months showing a 4.1% increase in income. Both of these figures are positive indicators that the economy continues to perform well, although they also are …
My market meter has been upgraded to reflect the continuing strength of the early spring real estate market in Pleasanton and the Tri-Valley. The turn around has been most noticeable on the lower end, where activity is strongest right now. This seems to be a result of pent-up demand from last year’s slower …
Wallmart has withdrawn their proposal for a new superstore at the corner of Isabel Ave and East Jack London Blvd. Wallmart, which already has a stor in Livermore at First St & 580, as well as Pleasnaton off 580 & Hacienda Dr, had submitted plans for a 200,000 sq ft mega store, but has …
I admit it. I watch 24 every week, tuning in faithfully to see what impossible obstacles Jack Bauer is going to overcome this week
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. And as much as I love watching Jack save the U.S. from all those terrorists and their right wing puppet masters, there are things that …
By now, it is no secret that home builders have been battered by the national real estate slump. Builders have always been particularly vulnerable to booms and busts. They can literally print money when the market is strong, but on the flip side when the market is soft, they get hit hard. …
Well… not exactly. Next Wednesday March 15th Starbucks is hosting its second annual Coffee Break between 10:00 AM and noon, where they will give anyone who stops by a FREE 12 oz cup of coffee. Baristas will be avialable to answer questions, and they might even give away samples of some of their …
What if the real estate experts declared a real estate bubble, but no one participated? While the national news is full of articles about home price declines and increases in foreclosure rates, the Bay Area, especially the East Bay area in Pleasanton and surrounding areas, is quietly showing surprising strength in the early Spring. …
The City of San Ramon, which incorporated in 1983, has been attempting to create a “City Center” for years. Prompted by the success of downtown Danville and Pleasanton, and the recent resurgence of downtown Livermore, the city has long sought to create a “downtown” area for San Ramon.
First it was going to be in …
Talk about a band wagon. This whole global warming thing is really starting to get on my nerves. Is the earth getting warmer? It certainly looks that way. Has man, or more specifically, the U.S. population caused this? I doubt it. Only if you believe that the dinasours caused …
The Pleasanton real estate market continued its strong early Spring showing in February, with strong sales activity and low inventory. Low interest rates, low inventory, and pent up demand from last year combined to propel sales to levels not seen since May and June of last year. Inventory of available home remained low, …
Nationally, the median home price was down 3.1% in January as compared to January of 2006, acccording to the National Association of Realtors. But sales activity is up.
The lower prices apparently are helping to draw more buyers to the market. The pace of home sales rose 3 percent from December, coming in at an …
Well I guess it was inevitable. Technology has finally entered the last bastion of tradition… the Pint. You know, that indispensible standard by which all glasses are measured. The ones you get for free at Pint Night at your favorite Micro-Brewery. The owner of Sam Adams brewery in Boston embarked on …
And now for some economic news. Personal income in the U.S. rose 1% in January, continuing a trend of rising income. Consumer spending was also up by .5%, slightly ahead of what analysts expected. And consumer prices were up as well, showing an annualized incrase of 2.3%, slightly above the Federal Reserves …
Remember that bond measure (Proposition 1B) you voted yes on that were supposed to fund highway improvements? Well, it looks like the ship has come in. The California Transportation Commission alloted $1.29 Billion towards highway improvements in the Bay Area, with the Tri-Valley getting a large portion of those funds for much needed …