Sellers across California have been holding the door open, hoping to cash in on double digit increases in home prices, and a surplus of buyers motivated by low interest rates. But, the stalemate in Washington is stalling home sales in the Bay Area.
The real estate tracking firm DataQuick says the median price for homes in the nine-county San Francisco Bay area reached $555,000 in June, an increase of 6.9 percent over the previous month.
Intel Corp., the world’s largest maker of chips for PCs, is sticking to its guns amid a drastic slowdown in computer sales.
Getting rid of open-air drug sales will reduce violence—particularly in Oakland, which recently hired a consultant known for adopting that tactic as New York City’s top cop, a University of California at Berkeley law professor said Monday.
Apple is reporting sales of more than two million iPhone 5s in China during its first three days on the market.
Online retailer Amazon.com has reached a deal with Massachusetts to start collecting the state’s 6.25 percent sales tax from Bay State residents.
The race is on to be first in line for this year’s best deals on holiday gifts: Black Friday is almost here. Every year, the stores open earlier in the wee hours of the morning, some even open at midnight after Thanksgiving Day, while other stores start the Black Friday sales on Turkey Day itself. If you’re going to get up that early (on a day off, no less), it is important to be prepared.
Toyota has widened its global sales lead over General Motors because its factories have recovered from last year’s earthquake.
A research group is forecasting that sales of smaller tablets will double this year with the expected announcement of a mini iPad on Tuesday.
Apple’s stock has reached $700 for the first time, setting a record for the company the day after it announced that orders for its iPhone 5 topped 2 million in the first 24 hours.