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business / Real Estate-US

Who sold what, published July 11
ALMADEN20548 Almaden Rd., $3,350,000, 06-16-09, 6,849 SF, 5 BR, E. Loayza to D. & P. Sandhu5840 Antigua Dr.
Mercury News Friday, July 10, 2009

Plummeting equity, rising defaults
A study found that 26 percent of the record numbers of home mortgage defaults across the country are 'strategic' '” that is, calculated economic decisions to bail out of loans by owners who actually have the money to make the payments but can't handle the negative equity they're carrying because of declines in property values.
Mercury News Friday, July 10, 2009

Madoff's former office looking for a tenant
FBI agents who are camped out on one floor of Bernard Madoff's old office say they'll stay there at least through next summer.
Msn Friday, July 10, 2009


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