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, a real estate information service reported. … [Read more]
Bay Area July Home Sales Down Sharply; Median Price Slips From June
September 3, 2010 By Leave a Comment
President Mulls New Measures to Spark Economy
September 3, 2010 By Leave a Comment
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. … [Read more]
Earl Now Strong Category 2 Hurricane
September 3, 2010 By Leave a Comment
By the CNN Wire Staff Kill Devil Hills, North Carolina (CNN) — Weakening by the hour but still covering a massive area, Hurricane Earl spun off the North Carolina on Thursday night, lashing parts of the Outer Banks with rain and high wind. People along the East Coast made just-in-case preparations despite the waning power of the storm. The hurricane has been downgraded to a Category 2 storm, the National Hurricane Center said Thursday night, but warned that “Earl is expected to remain a large … [Read more]