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Bay Area July Home Sales Down Sharply; Median Price Slips From June

La Jolla, CA.—-Bay Area home sales dropped sharply last month to the lowest level for a July in 15 years as the economy sputtered along and the housing market adjusted to life without federal home buyer tax credits. The median sale price dipped below the prior month and rose only slightly from a year earlier,

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President Mulls New Measures to Spark Economy

By Ed Henry, CNN Senior White House Correspondent Washington (CNN) — After a week mostly focused on Iraq and Mideast diplomacy, it’s back to the economy for President Barack Obama, who will deliver remarks Friday on the August unemployment numbers.

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Magnitude 3.3 Quake Reported Near San Pablo

By Robert Salonga, The Oakland Tribune San Pablo, Contra Costa– A magnitude 3.3 earthquake shook residents in West Contra Costa County this morning, the U.S. Geological Survey reported. The temblor was centered one mile northwest of San Pablo, along the Hayward Fault, according to the USGS.

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