Hello from Ontario Convention Center where Zetabid is auctioning off 250+ properties in Southern California. I am attending the event with President of Real Estate Club of LA, Phyllis Rockower to learn the auction process and see if we can pick up any bargin during the auction. Its actually pretty easy to get emotional during

THE LEADER IN COMMERCIAL REAL ESTATE NEWS & INFORMATION   San Jacinto Land Sells for $4.3M Buyer to to hold former driving range for investment The Gohar Barsegian Inter Vivos Trust bought 14.22 acres of land located at 936 Idyllwild Dr in San Jacinto from 218 LLC for $4.3 million, or approximately $302,391 per acre.

Here is an interesting article today from NEW YORK (CNN) — Washington Mutual told employees Monday that it will exit the wholesale lending business and close home-loan centers nationwide. Washington Mutual, the nation’s largest savings-and-loan association, is taking those steps to focus on delivering home-lending products to customers through banking stores and online, a WaMu

FRONT PAGE NEWS OF THE WALL STREET JOURNAL TODAY – THIS IS NO “APRIL FOOLS” JOKE Americans Delay Retirement As Housing, Stocks Swoon Nest Eggs Shrink, Deferring Dreams; ‘Freaked Out’ Elite By JENNIFER LEVITZ April 1, 2008 As the falling real-estate and stock markets erode their savings, many aging Americans are delaying retirement, electing labor

I have been talking about the market mess daily on my blog but the news is important enough today to make sure everyone knows what is happening. I have been through this before so i know that history always repeats itself but not always in the same way. The media is hyping the bad news

Things are fast and furious out there. Too-low interest rates and loose lending policies fueled the factories of finance with boundless energy. The banks produced billion-dollar derivative instruments and sold them to hedge funds. Hedge funds produced more and sold them to banks. Generally, no capital was required to back these promises. Now the roosters

Victorville, Apple Valley and Hesperia all have stores in the works By Brooke Edwards, Five Wal-Mart Supercenters are expected to open in the Victor Valley over the next two years. Three stores are proposed for Victorville, one for Apple Valley and one for Hesperia. All will be Supercenters, which means they’ll be nearly double the