June 4, 2008

In San Diego, buy one home, get one free

"As though Southern California's fine weather and beaches weren't attractive enough, a San Diego developer desperate to clear inventory is offering potential home buyers a buy-one-get-one-free scheme." (2008-6-3)

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June 3, 2008

Can America keep its innovative edge?

"Yes?if it ignores the techno-nationalistsWHEN trading in the Standard & Poor's (S&P) 500 stock index opened on June 2nd, Bear Stearns was not among the stocks that comprise it. To add insult to the injury caused by its subprime peccadilloes, the crippled 105-year-old investment bank was ejected from the S&P 500 at the close of trading on May 30th following its takeover by JP Morgan.It was replaced by Intuitive Surgical, a firm that was founded in 1995 and now dominates the fast-growing global market for minimally invasive surgical techniques that use robotics and other leading-edge technologies. ..." (2008-6-3)

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June 1, 2008

Foreclosure capital Stockton has odd market

"In some areas of California, so many foreclosed homes are available to buy on the cheap that real estate agents are discouraging prospective sellers from even putting their houses on the market." (2008-6-1)

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Danson, Steenburgen sell oceanfront home

"Although Malibu Colony may have been where everybody knew his name, "Cheers" star Ted Danson is moving on, having sold his Cape Cod-style house for an undisclosed price, according to area real estate agents. It most recently had been listed at $16.75 million....
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(2008-6-1)

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