‘PINBALL’ LISTINGS ARE BAIT FOR BUYERS – U

In the real estate brokerage field they’re known as “setups” or “pinball” homes, and this spring’s improving conditions in some markets could be stimulating more of them. A setup or pinball property is a house listed with an unrealistically high asking price that pulls in lots of visits by agents and shoppers, but no offers. The problem is this: Real estate agents, including even the listing agent, are using the overpriced house as a negative example to sell other, similar homes nearby Read more [...]

Calistoga Beverage plant for sale

More than two years after it closed, the Calistoga Beverage plant on Silverado Trail is for sale.The plant has been vacant and available for lease, but it has recently been listed for sale for $11.5 million.Santa Rosa real estate agent Ken O’Farrell, who is handling the listing, referred calls to Nestle Waters North American, which owns the Calistoga Mineral Water plant and brand. A representative of the company did not return calls before The Weekly Calistogan’s deadline.The 125,000-square-foot Read more [...]

NYSE Euronext marks London debut with Eurotunnel

By Luke Jeffs and Kylie MacLellan LONDON | Wed Jun 20, 2012 10:25am BST LONDON (Reuters) - Groupe Eurotunnel (GETP.PA) is to drop its near-dormant listing on the London Stock Exchange (LSE.L) and switch to NYSE Euronext's (NYX.N) new London-based market, becoming the first stock to be listed on the latter exchange. NYSE Euronext, based in New York and Paris, is trying to establish a London presence and said Eurotunnel - owner of the rail tunnel Read more [...]

Vacant commercial properties abound

By ALEX MacLEAN The Union Democrat Many area realtors say the economic crisis of the past few years has dealt a blow to commercial real estate in the Mother Lode as fewer people have the capital to open new businesses and loans are increasingly more difficult to obtain. Realtors’ associations in both Calaveras and Tuolumne counties report that they have been selling fewer commercial properties since 2007, when the nation’s housing bubble peaked prior to one of the worst economic Read more [...]

Renaissance rewarded after sale news

Renaissance shares have jumped 40 per cent after the NZX-listed company announced it would sell its computer distribution business - once the heart of the company - to privately owned competitor Exeed. The sale price was $2.3 million, plus $2.5m for stock at cost price and $570,000 for fixed assets. The transaction was contingent on shareholder approval at a vote due to take place on July 6. Renaissance chief executive Shaun Rendell said its distribution Read more [...]

Paradis seen house hunting ahead of split announcement

Paradis seen house hunting ahead of split announcement View Larger Image A A |  Email  | Print    Tweet BANG Showbiz Date: Wednesday Jun. 20, 2012 11:26 AM ET Vanessa Paradis was spotted house-hunting in Beverly Hills before her split from Johnny Depp was announced. The French singer is thought to have been making arrangements to move on from the "Rum Diaries" actor for some time and viewed houses priced between US$7 million Read more [...]

Making Independence Day plans? Full schedule of events listed

Summer solstice has arrived. In Monmouth and Independence that means Independence Day celebrations are right around the corner. With July 4 falling dead center in the middle of the week, some areas could tapper off their schedules this year. In Polk County’s river and college towns, it means a full week of activities. The first activity out of the gate is a July 1 car show. Alex Trevino has booked “Smoke ‘em if you got ‘em,” at the Independence Riverview Park which will hopefully prove Read more [...]