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    News and Articles on Real Estate



    Newsom's spokesman resigns  Nov 17, 2009
    Hill & Co. Real Estate. Joel Koosed is founder of the San Francisco Roommate Referral Service. (San Francisco Chronicle -- Politics)

    Workers say the darndest things  Nov 12, 2009
    Sick leave for jail time. It's all in the employee suggestion box - Denver Business Journal. (Denver Business Journal, CO)

    Chefs Assemble 330-Foot Sushi Roll  Nov 10, 2009
    Real Estate Information. Sponsored Links. (KSBW 8, CA)

    2009 trends in real estate market activity and median prices (282)  Nov 9, 2009
    2009 trends in real estate market activity and median prices ... Vacant land however is tracking flat at best and from an activity and median price point perspective is the weakest portion of the Kaua i Real Estate market ... Bear in mind that the Kaua i real estate market is an insulated one with a relatively small sampling section, therefore a high or low dollar sale, a new condominium project or subdivision can dramatically affect the statistics. (Lihue Garden Island, HA)

    DPUC chairman gets a charge from his new job  Nov 8, 2009
    The Republican-American. Sunday, November 8, 2009 3:14 AM EST. (Republican-American)

    Newsom blowing off some business meetings  Nov 5, 2009
    That's when Newsom was scheduled to speak to 6,000 land-use professionals, architects, planners, real estate developers and other urban experts from all over the world at the opening of the Urban Land Institute conference at Moscone Center. With its focus on sustainable development, workforce housing and smart growth, the conference speaks directly to Newsom's policy sweet spots. (San Francisco Chronicle)

    Agency's staff pan Frontier-Verizon deal  Nov 4, 2009
    Staff recommend against Frontier-Verizon deal - Puget Sound Business Journal (Seattle). for free extra services. (Puget Sound Business Journal, WA)

    First stage of Q School is battle ...  Nov 3, 2009
    He has begun to sell real estate in San Diego and didn't plan on going through qualifying until a financial back er from Steele Canyon paid his Q School entry fee of $4,500. I still feel like I can play, but I guess it's not as big of a deal if I don't make it, Lieber said. (San Diego Union-Tribune)

    Maui Land & Pineapple loses $25.5 million  Oct 31, 2009
    In September, Kapalua Bay Holdings recorded an impairment in the value of its real estate inventories totaling $208 ... In September, Kapalua Bay Holdings recorded an impairment in the value of its real estate inventories totaling $208. (Honolulu Star-Bulletin)

    A&B's net income sinks 76.9%  Oct 30, 2009
    9 percent in the third quarter as the company posted lower operating profits in its ocean transportation and real estate units and suffered a loss in its sugar operations ... As a result, we have trimmed outstanding debt by $33 million through the first nine months of the year, leaving ample capacity to make what may be significant investments over the course of the next 18 months in distressed real estate development opportunities and in an expansion of our transportation services ... 9 percent... (Honolulu Star-Bulletin)

    Central Pacific posts $183.1M loss amid 2 big charges  Oct 30, 2009
    1 million loss in the third quarter as it took two big charges tied to its exposure to the struggling California and Hawaii commercials real estate markets ... "Our quarterly results continue to be adversely impacted by increased credit costs resulting from further deterioration in the Hawaii and California commercial real estate markets and the resultant decline in property values in those sectors," said Ron Migita, chairman, president and chief executive officer of Central Pacific ... "We... (Honolulu Star-Bulletin)

    Businessman wants light sentence in UBS tax probe  Oct 30, 2009
    1 million on deteriorating commercial real estate markets and declining property values in Hawaii and California. The Honolulu-based parent company of Central Pacific Bank has faced higher credit costs because of the commercial real estate downturn, bank chairman Ronald K. Migita said. (Fresno Bee -- Business)

    Recovering bite victim says he's got no beef with shark  Oct 22, 2009
    He competes in triathlons and teaches golf at Elleair Golf Course in Kihei, in addition to a job as a real estate agent at Coldwell Banker Island Properties ... He competes in triathlons and teaches golf at Elleair Golf Course in Kihei, in addition to a job as a real estate agent at Coldwell Banker Island Properties. (Honolulu Star-Bulletin)

    Shine Vernon Team Files New Fraud Claims Today Against Charles Schwab Over YieldPlus Fund Misconduct  Oct 16, 2009
    In the last month, the Shine-Vernon team has filed claims on behalf of investors including a park ranger, ocean engineer, insurance broker, retired banking industry professional, manufacturing consultant, real estate developer, boat broker, journalist, judge, and two real estate professionals. Charles Schwab acknowledged today that it has received a Wells Notice from the SEC, advising the company that the SEC's enforcement staff intends to recommend that the Commission institute legal action... (Primezone Releases)

    Moats wins Ironman age group  Oct 12, 2009
    Atlantan real estate developer Kevin Moats, 54, won his age group Saturday in the Ironman Word Championships in Kona, Hawaii. A veteran of 35 triathlons, Moats, a seven-time Atlanta Marathon champion, finished the Kona race in 10 hours, 33 minutes and three seconds. (Atlanta Journal-Constitution -- Sports)

    Guilty plea in insurance embezzlement case  Oct 10, 2009
    Ex-CEO of Denver insurance brokerage pleads guilty to embezzlement - Denver Business Journal. for free extra services. (Denver Business Journal, CO)

    If you lived here, you'd be home  Oct 6, 2009
    Poll: Denver, Colorado among most popular places to live - Denver Business Journal. for free extra services. (Denver Business Journal, CO)

    Valley builders retool for recession  Oct 4, 2009
    Home affordability has hit a record high in Fresno County, sparking a buying frenzy that has some real estate agents hoping for more foreclosures. In June, about 78% of families could afford an entry-level house, a stunning rise from 39% at the height of the housing boom in 2005 and the highest percentage since the index began in 2003. (Fresno Bee -- Business)

    Williams stepping down as HomeStreet Bank CEO  Oct 3, 2009
    HomeStreet, like many banks across Washington, is struggling with a pile of bad commercial real estate loans and was recently. The increased oversight forces the bank to come up with a turnaround plan, although Williams said it was not a factor in his decision to step down. (Puget Sound Business Journal, WA)

    Prudential Locations moves Kailua office  Sep 25, 2009
    The real estate company plans to open the 1,300-square-foot office on the ground floor of 151 Hekili St. early next year. We feel that now is an ideal time to expand our presence in Windward Oahu and upgrade our office facilities for our agents and our clients, said Dan Tabori, executive vice president of business operations. (Pacific Business News, HI)

    From Out of the Wilderness Come  Sep 22, 2009
    5% down wants to buy a condominium in a project that hasn't been approved, we get a "spot approval. The approval process is long and difficult, so in reality, a unit that previously required 3.5% down now will require 20% down. What do you imagine is going to happen to the price of condominiums in unapproved projects? Do we really need more properties going down in value? I cannot conclude this article without mentioning the Home Value Code of Conduct (HVCC), one of the silliest rules ever... (Townhall.com)

    When advertising a house, keep it real  Sep 22, 2009
    Dian Hymer, a real estate broker with more than 30 years' experience, is a nationally syndicated real estate columnist and author of "House Hunting: The Take-Along Workbook for Home Buyers" and "Starting Out, The Complete Home Buyer's Guide." E-mail her at ... FromMcGuire Real Estate. (San Francisco Chronicle -- Business)

    Mortgage lender trustee seeks to keep Maui Prince Hotel open  Sep 2, 2009
    The mortgage lender's trustee got involved after hotel owners Everett Dowling Co. and the Morgan Stanley real estate fund stepped away from their investment and Maui Prince Hotel LLC, the hotel's current management company, announcement yesterday that it intended to terminate its contract on Sept. 16 ... The mortgage lender's trustee got involved after hotel owners Everett Dowling Co. and the Morgan Stanley real estate fund stepped away from their investment and Maui Prince Hotel LLC, the... (Honolulu Star-Bulletin)

    Maui Prince Hotel shutting Sept. 16, laying off 380 workers  Sep 1, 2009
    The complaint accused the partnership of Dowling Co. and Morgan Stanley Real Estate of defaulting a $192 ... The complaint accused the partnership of Dowling Co. and Morgan Stanley Real Estate of defaulting a $192. (Honolulu Star-Bulletin)

    Bay Area woman banned from securities work  Aug 28, 2009
    It's not exactly prime real estate. Developers aren't exactly fighting over it. (Fresno Bee -- State)

    Hawaii stocks mixed; Wall St. up a bit  Aug 27, 2009
    Stay up to date on the latest news from within the commercial real estate industry. Use of, or registration on, this site constitutes acceptance of our and. (Pacific Business News, HI)

    Five nominated for Lodi Community Hall of Fame for 2009  Aug 25, 2009
    Inductees in the Lodi Community Hall of Fame for 2009 include leaders in education, business, agriculture and real estate ... Ivan Suess, who worked as a real estate agent for nearly 20 years, first with Katzakian fer Realtors and then in a partnership with Schaffer Suess Realtors. (Lodi News Sentinel, CA)

    Honeymoon nearly ended before it started  Aug 24, 2009
    Few real estate markets got hit harder by the recession than the Hamptons, Long Island's summer playground for the rich and famous. Transportation Secretary Ray LaHood assured car dealers that they will be reimbursed for. (San Francisco Chronicle)

    Finance expo draws hundreds  Aug 17, 2009
    "With that, you can't really have a steady market, so I need to find a backup on what to do ... so I'm starting to look at real estate," he said ... "With that, you can't really have a steady market, so I need to find a backup on what to do ... so I'm starting to look at real estate," he said. (Honolulu Star-Bulletin)

    How Were Social Security Numbers Given Away?  Aug 17, 2009
    " Copyright 2009 by . All rights reserved. This material may not be published, broadcast, rewritten or redistributed. You must have JavaScript enabled to view this content. Pictures In The News ADVERTISEMENTLinks We Like Learn the top five signs of common mental health conditions, including depression, anxiety, obsessive compulsive disorder, and bipolar disorder. Staging is vitally important when selling your home. These helpful hints will turn your problem rooms into buyer bait. Find out what a... (KCRA 3, CA)

    Luxury-home sales showing signs of life  Aug 6, 2009
    Courtesy of Jonathan Matel, William Raveis Real Estate in Osterville, Mass ... Jonathan Miller, chief executive of real estate appraisal firm Miller Samuel, said sales in the Hamptons were down 43 percent in the second quarter compared with a year earlier, and the median price was off nearly 17 percent during the same period ... MORE FROM REAL ESTATE. (MSNBC -- Business)

    UH-West Oahu sees land sale as a way to fund construction  Jul 30, 2009
    But Stephany Sofos, a real estate and retail analyst, said UH-West Oahu's plans are "ambitious," given the current business and credit markets ... But Stephany Sofos, a real estate and retail analyst, said UH-West Oahu's plans are "ambitious," given the current business and credit markets. (Honolulu Star-Bulletin)

    Amazon invites Hawaii affiliates back  Jul 30, 2009
    for free extra services. Subscribe to Puget Sound Business Journal. (Puget Sound Business Journal, WA)

    Central Pacific Financial Corp. Reports Second Quarter 2009 Results  Jul 30, 2009
    "As we previously announced, our second quarter results were impacted by higher credit costs resulting from the weak economy and further deterioration in the Hawaii and California commercial real estate markets," said Ronald K. Migita, Chairman, President, and Chief Executive Officer ... The sequential-quarter increase was directly attributable to the challenging economic environment and further deterioration in the Hawaii and California commercial real estate markets ... 0 million, and loss on... (PR Newswire)

    Jupiter Collision a Warning to Earth  Jul 23, 2009
    This detail image shows a large impact shown on the bottom left on Jupiter's south polar region captured on July 20, by NASA's Infrared Telescope Facility in Mauna Kea, Hawaii. Infrared Telescope Facility/Handout/JPL/NASA/Reuters. (Newsmax)

    Washington '08 voter turnout: 67 percent  Jul 21, 2009
    Washington state voter turnout better than U.S. average - Puget Sound Business Journal (Seattle). for free extra services. (Puget Sound Business Journal, WA)

    Terror Alert System May Be Reworked  Jul 14, 2009
    In today's real estate market, it takes more to attract buyers, and frustrated home sellers are resorting to some unusual methods to get their homes noticed. Dont ruin your chances of landing that new job by making easy to correct mistakes on your cover letter. (KFOXTV.com, TX)

    Ilikai employees fear for future  Jul 10, 2009
    The company, which focuses on commercial real estate, became involved with the property in 2007 after purchasing the $141 million loan to developer Anekona Development ... " More than 100 employees and supporters of the Ilikai Hotel gathered along Ala Moana Boulevard yesterday, hoping to send a message to the New York-based owner who is closing the hotel. DENNIS ODA / DODA@STARBULLETIN.COM Ilikai Hotel employees and their supporters waved signs yesterday in front of the property, protesting... (Honolulu Star-Bulletin)

    Lawmakers assess vetoes for overrides  Jul 2, 2009
    The Legislature promptly overrode all four vetoes, and starting today the new laws will increase taxes on real estate sales, hotel rooms and state income ... The Legislature promptly overrode all four vetoes, and starting today the new laws will increase taxes on real estate sales, hotel rooms and state income. (Honolulu Star-Bulletin)

    Appeals court backs Tavares on campaign contributions  Jun 28, 2009
    A California-based real estate development company did not violate state campaign spending laws when it contributed $2,000 to Maui 00004000 Mayor Charmaine Tavares' election campaign in 2006, according to a published opinion by the Hawaii Intermediate Court of Appeals ... A California-based real estate development company did not violate state campaign spending laws when it contributed $2,000 to Maui Mayor Charmaine Tavares' election campaign in 2006, according to a published opinion by the... (Honolulu Star-Bulletin)

    When One is Not Enough  May 30, 2009
    More importantly, have you considered the upside of additional real estate from a utility, enjoyment and financial stand point ... Residential real estate was never considered an "investment," specifically one's home, until inflation and the baby boomers arrived in the 1970s ... Not to say that special areas in every state do not exist where the demand for residential real estate far exceeds the supply and is reflected in the prices. (Townhall.com)

    American moving to cashless cabin  May 29, 2009
    This years group feature a cross-section of professionals, from a real estate guru who writes. This year's honorees feature a diverse lineup of up-and-comers, from chefs to statisticians to. (Crain's Chicago Business)

    Hanalei Bay in Hawaii tops list of 10 best beaches  May 23, 2009
    Find your next dream home, condo, townhome, or real estate investment property here ... Sell or Buy Luxury Homes in Newport Beach-Specializing in Coastal Real Estate. (Yahoo News)

    Aloha Pounders  May 19, 2009
    We both hated what we did, said Henline, former real estate agent. Pounders Hawaiian Grill opened March 27 of this year. (Logan Herald Journal, UT)

    Firing state employees won't help revenue drop  May 16, 2009
    but the smaller regional and community banks that have been hit especially hard by the plummeting real estate market ... At numerous California banks, and Western banks with California outlets, downgrades in their commercial-loan portfolios - real estate, business loans, construction lending - are piling up faster than they can complete their quarterly 10Q's. (San Francisco Chronicle)

    Jackets open NCAA golf regional Thursday  May 14, 2009
    The down payment came from using inheritance money to invest in real estate and the stock market before both went out of bounds. Dragoo didn t plan to buy a home. (Atlanta Journal-Constitution -- Sports)

    Empty big-box stores drag down their neighbors  May 12, 2009
    5 percent, according to commercial real estate brokerage Marcus chap. The national average was 8. (San Francisco Chronicle)

    Washington Report: Appraisal System  May 11, 2009
    Real Estate News and Advice ... Kenneth R. Harney writes an award-winning, nationally-syndicated column on housing and real estate from Washington, D.C. He is also managing director of the National Real Estate Development Center, a professional education company ... He is the author of two books on mortgage finance and real estate. (RealtyTimes)

    Lingle warns of job losses  May 10, 2009
    Bills that were overridden increase the hotel room tax by 28 percent (Senate Bill 1111); raise personal income taxes on individuals earning more than $150,000 and couples making more than $300,000 (House Bill 1747); increase taxes on real estate sales over $2 million (HB 1741); and increase taxes on tobacco products other than cigarettes (HB 895) ... Bills that were overridden increase the hotel room tax by 28 percent (Senate Bill 1111); raise personal income taxes on individuals earning more... (Honolulu Star-Bulletin)

    Lingle vetoes three tax-increase bills before crowd of about 400  May 8, 2009
    The bills propose a 28 percent increase in hotel room tax, an increase in personal income taxes on individuals earning more than $150,000 and couples making more than $300,000 and higher taxes for real estate sales over $2 millionMajority Democrats in the Legislature say the bills are critical to balance the state s $10 billion biennium budget and they believe they have the votes to override all three measures ... The bills propose a 28 percent increase in hotel room tax, an increase in personal... (Honolulu Star-Bulletin)

    Science fair delivers knowledge, fun for youth  May 1, 2009
    NEWSPAPERS IN EDUCATION. Besides having graduate students along to assist in the program, students in Nyssa High School s SMILE program (Science, Math, Investigative Learning Experience) helped staff some of the tables and explain exhibits and helped fair-goers through the activities. (Ontario Argus Observer, OR)

    Central Pacific earnings jump 58.6%  May 1, 2009
    Central Pacific Financial Corp., continuing to reduce its exposure to the slumping California real estate market, posted its third straight profitable quarter and originated a record $597 ... 8 million last quarter for potential loan losses due to the ongoing weakness in the California and Hawaii real estate markets ... Central Pacific's mainland commercial real estate and construction loans totaled $970. (Honolulu Star-Bulletin)

    Former mayor dies in Hawaii  Apr 30, 2009
    Sedam was a small business owner, real estate broker and office owner in Cody. He was a partner in KODI radio station for many years and the Brass Rail Lounge. (Cody Enterprise, WY)

    Ala Moana, Ward centers open despite bankruptcy  Apr 17, 2009
    Hawaii Real Estate Sales ... With $27 billion in debt, General Growth is paying the price for its aggressive expansion at the height of the real estate boom ... The real estate crisis has been slow to affe 00004000 ct the market for retail, hotels and office buildings. (Honolulu Star-Bulletin)

    'Bunch of saps' do not expect their money back  Apr 15, 2009
    He also sold fake interests in real estate ... He also sold fake interests in real estate. (Honolulu Star-Bulletin)

    People on the Move for Sunday, April 12, 2009  Apr 13, 2009
    Blachowiak, who has been in real estate since 1979, certainly fits the definition of women who mean business. As part-owner (along with Diane Treskon and Micki Evslin) and Principal Broker of her firm, Blachowiak has either been the number one volume producer on Kaua i or ranked in the top ten for the last several years straight. (Lihue Garden Island, HA)

    Neigh000031DDbor island home prices, sales suffer double-digit declines  Apr 7, 2009
    "While our state of continued financial uncertainty is not conducive to real estate investment, our market seems to be at or near the bottom," said Terry Tolman, chief executive of the Realtors Association of Maui ... "While our state of continued financial uncertainty is not conducive to real estate investment, our market seems to be at or near the bottom," said Terry Tolman, chief executive of the Realtors Association of Maui. (Honolulu Star-Bulletin)

    Wie scrambles, Ochoa struggles at Kraft Nabisco  Apr 3, 2009
    Unable to submit Real Estate, Services, and Business Investements at this time. Map the Valley. (Hanford Sentinal, CA)

    > Better Place executive aims to revamp roadways for 'car 2.0'  Apr 1, 2009
    Previously, Seeff founded Seeff Properties, a South African real estate group ... Stay up to date on the latest news from within the commercial real estate industry ... San Jose Real Estate. (San Jose Business Journal, CA)

    Hope abounds for islands real estate market  Mar 30, 2009
    Hope abounds for islands real estate market ... Published: Sunday, March 29, 2009 2:11 AM HST LIHU E Kaua i home sales have reportedly been on the rebound since the beginning of 2009, and hope has not yet been shattered among those still brave enough to pursue the business of real estate on the island ... Because of the rapid decline in the real estate business on the island, many Realtors have gone on to other occupations and only the very best Realtors are left standing right now, Garland... (Lihue Garden Island, HA)

    Dear Homeowner  Mar 26, 2009
    Real Estate News and Advice ... Your friends and neighbors were on their way to becoming millionaires, on paper at least, from owning real estate ... The friendly loan officer (that called you one night while you were eating dinner) said that real estate would NEVER go down in value. (RealtyTimes)

    Local foreclosures hurt global investors, too: Series continues  Mar 14, 2009
    The situation is so dire that even those with a legal right to foreclosure now want to avoid the cost and expense of an REO industry jargon for real estate owned by a bank ... Stay up to date on the latest news from within the commercial real estate industry. (Puget Sound Business Journal, WA)

    Gated Community Near Park City out of Bankruptcy  Mar 13, 2009
    It is the first to recover among a handful of resort communities from Hawaii to Florida that were forced into bankruptcy by the real estate meltdown. The agreement, hailed by all sides, lets leading creditors represented by the Swiss investment bank Credit Suisse take over the private mountain community. (ABC News -- Wire)

    Letters for Thursday, March 12, 2009 (1076)  Mar 13, 2009
    manawai wrote on Mar 12, 2009 11:35 AM:" To numilalocal55 - Try to keep your xenophobic rhetoric to yourself. it doesn't reflect well on you.To Barney and Julie Feinblum - You think back to determine whether your real estate agent or the property owner made representations to you that you could legally operate a vacation rental on the property. Since it is (apparently) zoned agricultural, Hawaii State, not County, law limits what you can do on the land. That law was in place when you bought the... (Lihue Garden Island, HA)

    Big Island, Kauai homes prices fell in February  Mar 6, 2009
    The median price and number of residential real estate sales continued to drop on the Big Island and Kauai in February, according to a report released today by the Hawaii Information Service ... The median price and number of residential real estate sales continued to drop on the Big Island and Kauai in February, according to a report released today by the Hawaii Information Service. (Honolulu Star-Bulletin)

    McMunn Associates sold to Parsons  Mar 6, 2009
    Stay up to date on the latest news from within the commercial real estate industry ... Washington Real Estate. (Washington Business Journal, DC)

    Oahu condo sales tumble 50 percent  Mar 3, 2009
    While Oahu's real estate market saw the median resale price of homes improve slightly last month from January, the median resale price of both homes and condominiums are still trending below last year's level. Oahu's real estate market saw sales of single homes fall by 20 ... While Oahu's real estate market saw the median resale price of homes improve slightly last month from January, the median resale price of both homes and condominiums are still trending below last year's level. (Honolulu Star-Bulletin)

    Puppy Breath -- A Charming Tale About a Puppy Who Finds a Christmas Gift for the Children  Feb 26, 2009
    TYLER, Texas, Feb. 25, 2009 (GLOBE NEWSWIRE) -- Dogs may be man's best friend, but ask any child, and they'll tell you nothing beats puppies. Children's book author Pat Trant Kidd presents an endearing tale about a playful young Rottweiler in Puppy Breath, a heartwarming color picture book for kids. (Primezone Releases)

    Maui Pine eliminates another 100 jobs  Feb 26, 2009
    6 percent work-force reduction is the company's third mass layoff in less than two years, a result of declines in its pineapple, real estate and resort operations ... "With forecasts for fewer tourists, a tough real estate market, and tight financing for the next several years, we need to be prudent and move MLP to a more competitive cost structure." ... MLP has three basic business divisions: The Kapalua Resort, pineapple operations and real estate holdings, MLP spokeswoman Teri Freitas Gorman... (Honolulu Star-Bulletin)

    Interest growing in four-day workweek  Feb 26, 2009
    M/CLOUDY Thursday February 26, 2009. Today's most viewed articles. (Seacoast New Hampshire)

    Maui Land & Pineapple lays off 100 employees  Feb 25, 2009
    With forecasts for fewer tourists, a tough real estate market, and tight financing for the next several years, we need to b 00004000 e prudent and move MLP to a more competitive cost structure ... With forecasts for fewer tourists, a tough real estate market, and tight financing for the next several years, we need to be prudent and move MLP to a more competitive cost structure. (Honolulu Star-Bulletin)

    Kukino wins Realtor of the Year  Feb 23, 2009
    His list of professional improvement includes the following designations: CRB (Certified Real Estate Brokerage Manager), CRS (Certified Residential Specialist), GRI (Graduate REALTOR Institute) and ABR (Accredited Buyer Representative) ... In 2007 to present he is the director of Hawaii Information Service, the backbone of the real estate profession, our (MLS) multiple listing service ... Sean rallied real estate companies within the board s membership and teamed up on many occasions to... (Lihue Garden Island, HA)

    Tesoro reports 4Q 2008 profit  Feb 21, 2009
    Stay up to date on the latest news from within the commercial real estate industry ... San Antonio Real Estate. (San Antonio Business Journal, TX)

    Ore. high school wrestling coach suspended  Feb 8, 2009
    NEWSPAPERS IN EDUCATION. He (Haga) knows it was the wrong thing to do, Gravon said. (Ontario Argus Observer, OR)

    Calif. furloughs highlight public-private divide  Feb 8, 2009
    "They rely on their income just like we do," said Sacramento resident Vince Shedrick, 39, who has had trouble getting unemployment benefits for the last four months after being laid off from a real estate and escrow business ... "The idea that state employees are somehow exempt from feeling the pain - I find that somewhat ludicrous," said Pat Young of Corona del Mar, a former vice president of real estate developer Pacer Communities who lost his job in 2007. (Fresno Bee -- State)


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