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News and Articles on Real Estate
Who are these 'responsible' homeowners? Feb 19, 2009 Ken Rosen, chairman of the Fisher Center for Real Estate at UC Berkeley, says it should exclude people who lied on their loan applications. And in assessing the borrower's ability to pay, the government should look at assets, not just income - the same way it does when people apply for welfare or college aid. (San Francisco Chronicle -- Business)
Sony closing Metreon PlayStation, Style stores Feb 19, 2009 Matt Holmes, principal at real estate development firm Retail West, said the closures mark the end of the old Metreon concept, based on the intersection of technology and entertainment, and perhaps even the Metreon name. He said Westfield is working aggressively to realign the space toward a culture, arts and food theme appropriate for San Francisco and the immediate neighborhood with its burgeoning museum scene. (San Francisco Chronicle)
The Celtic tiger hits bad times Feb 19, 2009 A real estate market that, according to Bloomberg, quadrupled from 1997 to 2007, is crashing. Who will meet the mortgages for all the country's new tract homes. (San Francisco Chronicle -- Opinion)
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