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Articles: June 14, 2006 Go Back |
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Two options for Sonoma Grove to be explored
June 14, 2006
The council instructed staff to explore two options - set up a citywide rent control ordinance for trailer parks only, or, see if a non-profit corporation like Caritas would be interested in buying Sonoma Grove. Caritas owns two mobile home parks in Rohnert Park: Las Casitas and Valley Village.
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Realtor group protests rulings by bank regulator
June 14, 2006
Builders support regulatory changes for banks' lending activities
The National Association of Realtors is protesting rulings by the Office of the Comptroller of the Currency that the trade group says "will inevitably lead to national banks becoming actively involved in real estate development and brokerage." The OCC regulates banking activities.
The Realtor...
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Home builder stocks take a hit
June 14, 2006
Home builders have had a rough week on Wall Street, with stocks diving toward the lowest level in two years for several major companies.
A Standard & Poor's index that tracks stock performance at 16 home-building companies sank 10.4 percent from June 1 to June 6, and 8.4 percent so far...
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Real estate refinancings hit 4-year low
Purchase loans benefit from lower interest rates in latest survey
June 14, 2006
Overall mortgage applications tumbled 1.4 percent last week on a seasonally adjusted basis from the week before, as refinancings fell for the third consecutive week, the Mortgage Bankers Association reported today.
The seasonally adjusted purchase index increased slightly to 395.6 from 395.5 the previous week whereas the refinance index decreased by...
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