From Bear Stearns to here seems like an eternity
Every year in mid-March a few dozen financial journalists from around the country gather at the University of California, Los Angeles, Anderson School of Business. Our job is to pick the finalists for the Gerald Loeb awards, a national program administered by UCLA. Because the weather in Westwood is a heck of a lot better Read More →
Ventura broker says housing plan will loosen up credit market
Millions of homeowners facing foreclosure, first-time buyers and homebuyers who have been unable to secure loans will be among the primary beneficiaries of President Barack Obama’s $75 billion housing rescue plan, according to the head of Ventura County’s largest residential brokerage company. Brian Troop, president of Troop Real Estate, also said the recently unveiled Housing Read More →
Affordable housing fees at center of controversial appeals decision
A new decision from the California’s fifth district Court of Appeals might have a big effect on the fees that some California cities impose on developers to help fund affordable housing. Or it might not. City attorneys in the Tri-Counties are waiting to see what kind of scope the decision gains. The initial dispute arose Read More →
Business Times enters 10th year of news production
Just at the bottom of the masthead of this issue of the Business Times, you will find the following notation: “Vol. 10 No. 1.” That means we are entering our 10th year of publication. The current newspaper marks the beginning of a year-long countdown to our 10th anniversary, which we will officially celebrate in March Read More →
Obama must pay more attention to small businesses
Every year roughly 600,000 people start new businesses in the United States. Every year about 500,000 businesses shut their doors. That small window of opportunity between the doors that open and the doors that close contains between 50 percent and 80 percent of all the jobs created in our country. I am laying out these Read More →
Mission
Though the recently completed Mission San Luis Obispo retrofitting project’s budget was originally estimated at almost $2.8 million, project manager John Fowler somehow managed to come in more than $400,000 under budget. And it wasn’t just a fluke. Fowler said he may have come in $2 million to $3 million under budget for a similar Read More →
San Luis Obispo County named least affordable in California
Even though the flurry of foreclosures in the past few months has driven home prices down and made owning a home a realistic dream, recent data suggests that one county’s buyers are still looking at a very unaffordable market. According to findings from the California Association of Realtors, San Luis Obispo County was the least Read More →
