Survey: Rents and Home Values Higher: “Rent payments and home values have increased over the past five years and a greater percentage of the population has graduated from high school, the Census Bureau reported Tuesday. Commuting time to jobs hasn’t changed much, and neither has the number of rooms in those homes. Those facts were [...]
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Man killed, another in critical condition in 2 East Palo Alto shootouts: “(08-30) 10:36 PDT East Palo Alto (SF Chronicle) — One man was killed and another hospitalized in critical condition Monday night as result of two shootings that occurred in East Palo Alto within minutes of each other, authorities said. Police Sgt. Alma Zamora [...]
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Salvage Heaven / Predemolition sales offer help-yourself, home-hardware bargains: “It is 9 a.m., an hour before opening, and already a small crowd of shoppers has assembled. They peer through windows, scoping out the products and eyeing each other with appraising glances. Like so many deep-discount, for-a-limited-time-only sales, this event has attracted hard-core bargain hunters, with [...]
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Quake insurance could get cheaper / Schwarzenegger on panel looking at rate reduction: “A proposal to reduce earthquake insurance rates in California — considered prohibitively expensive by many consumers — will be reviewed today by a panel of the state’s most powerful elected officials. The proposal before the California Earthquake Authority is that the rates [...]
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Fewer homeowners facing default / Foreclosures down 12 percent, as high prices bail out troubled borrowers: “Fewer Bay Area properties fell into foreclosure in the second quarter, as price appreciation helped financially strapped homeowners stay out of trouble. A total of 2,123 notices of default were filed on homes in the nine counties during the [...]
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