State legislatures fighting against property taxes, a California restaurant chain closing eateries and a stock market for Texas. From the wild and wooly world of real estate, here are the Hits and Misses for the week of June 3-7. Hit: Saying No to New Taxes. The...
The fast-casual Mexican-themed restaurant chain Rubio’s Coast Grill has closed 48 of its eateries in California, citing the cost of doing business in the state. According to Nation’s Restaurant News, the company issued a statement complaining that the “closings were...
The Bay Area’s shaky real estate market received another blow as a vacant San Jose office property was foreclosed and seized by its lender. According to a Mercury News report, The Evergreen Advantage seized the 78,200-square-foot property at 5729 Fontanoso Way through...
California’s median home price reached a new all-time high at $904,210 in April, up 11.4% from $811,510 one year earlier and up 5.8% from March’s $854,490. According to the California Association of Realtors (CAR), this is the first time the median home price...
Farmers Insurance is resuming the issuance of new business commercial multi-peril applications in California for real estate, habitational, auto service and repair, manufacturing and wholesale distribution, effective Aug. 1. The announcement follows the carrier’s...
Mainstay Raises $18 Million and Buys Truelist in Push Into Real Estate Brok…
