Home Affordability Hits Record Low in Bay Area
The number of Bay Area residents that can qualify for a home loan has now dropped to 12 percent, the lowest in 16 years, according to a study by the California Association of Realtors.
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IndyMac scraps IPO plan for reverse-mortgage unit (Market Watch) NEW YORK (MarketWatch) -- IndyMac Bancorp on Wednesday said it'll pay $40 million to the chief executive of its reverse-mortgage unit, Financial Freedom, as it ruled out an initial public
Tax reforms that are long overdue If you're planning to buy a home in the upper or even middle six figures, you probably won't like one of the key proposals being made by President Bush's tax-reform
Best rate loans 'fail on service' Savings accounts and loans that offer the best rates often fall short on the service they provide for customers, a financial website has said.read more...
Local high-tech company to expand A Carson City company that makes amplifiers and motion controllers for robotics plans to expand and build two rental units.via
Home sales slump A glut of single-family houses for sale is causing a "correction" in the once hot SouthCoast real estate market, dropping prices from record highs and producing patient buyers.read more...
Today's Business Detroit . Ford Motor Co. is extending its popular employee-pricing discount plan through Sept.read more...