California recorded 254,190 closed escrow sales of existing, single-family detached homes in May, according to data from the California Association of Realtors (CAR). Last month’s sales pace was down 5.1% from the 267,710 homes sold in April and was down 4% from the...
The Northern California estate that was once the home of the legendary singer and actor Bing Crosby was sold for $25 million, down considerably from its original asking price of $40 million. According to combined media reports, the French chateau-style residence in...
Two former employees of Caltrain, the commuter rail line serving California’s San Francisco Peninsula and Santa Clara Valley, were sentenced to a collective six months for embezzling funds to build unauthorized apartments inside stations. MoneyWise reports Seth Andrew...
California Attorney General Rob Bonta has filed a lawsuit against PAMA Management, a group of property management and real estate holding companies owned by Swaranjit “Mike” Nijjar, his sister Daljit “DJ” Kler, and other members of his family. The Nijjar family and...
A California commercial real estate broker has pleaded guilty to a years-long pattern of obstructing the IRS from collecting taxes he owed. Pasadena-based Gabriel David Guerrero failed to timely file federal individual income tax returns for the years 1998, 1999, and...