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A report from Yahoo Finance. "The stock of troubled San Francisco lender First Republic wobbled Monday after it announced it would stop paying dividends on its preferred stock and an analyst said the bank wouldn't be able to find a…
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A report from the Orange County Register. "Home values have declined from pandemic-era peaks in more than half the states and metropolitan areas, according to some new price data. The sharpest declines in metros were largely in California, Idaho and…
A report from the Telegraph. "Brad Pitt is one of a number of wealthy Californians offloading property in LA in an apparent effort to save millions of dollars in tax. The rush of properties coming to market, and the tax,…
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A weekend topic starting with the Telegraph. "Shadow banking is the dog that has not barked during the latest global spasm of financial stress. They behave like banks but cannot tap the emergency window of major central banks in a…
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It's Friday desk clearing time for this blogger. "Seattle-area home prices dropped again in March. The median single-family home in King County sold for $840,000 in March, down about 10% from a year earlier, according to the Northwest Multiple Listing…
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