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DataQuick: 1 of 3 homes bought with cash in 2012

Posted by on Apr 6, 2013 in Real Estate | 0 comments

Cash is king in the California housing market, especially as more investors purchase real estate.

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Forbes: California’s four NBA teams valued at $2.5 billion; Lakers at $1B

Posted by on Apr 6, 2013 in Sports | 0 comments

Big cable deals, an improved revenue-sharing pact for smaller-market teams and a strike-shortened season helped increase NBA team values by 30% to $509 million. California’s four teams – the Los Angeles Lakers and Clippers, Golden State Warriors and Sacramento Kings – enjoyed a combined league-beating 35.5% gain over the past year, according to a Forbes magazine report in January. The four teams have a combined value of $2.51 billion, led by the $1 billion tag for the Lakers, the...

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Car sales gain for 15th-consecutive quarter, up 25% in 2012

Posted by on Apr 6, 2013 in Economy | 0 comments

Kia gains traction, Toyota remains top-selling brand in California, as new-care sales increase for 15th-consecutive quarter — and up 25% in 2012.

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San Jose economy best in California, Sacramento the worst

Posted by on Apr 6, 2013 in Economy | 0 comments

San Jose boasts the best economic growth in the Golden State, while many other cities struggle.

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Record grape crush, prices in 2012

Posted by on Apr 5, 2013 in Agriculture | 0 comments

Red and white grapes created a record green crop — and prices — for grape growers in 2012.

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California has fourth-highest tax rate; Arizona, Nevada among lowest

Posted by on Apr 5, 2013 in Government, Social | 0 comments

California has the nation’s fourth-highest tax burden — and that’s before residents approved a proposition to increase taxes.

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California wine producers help U.S. wine exports reach record

Posted by on Apr 4, 2013 in Agriculture | 0 comments

California’s impressive grape production helped the nation post a record in wine grape exports in 2012.

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California is world’s ninth-largest economy, 10th fastest-growing in U.S.

Posted by on Apr 4, 2013 in Economy | 0 comments

California boasts ninth-largest economy in the world, a bit lower than Brazil but better than the Russian Federation.

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Million-dollar home sales up 27% in 2012, $5 million homes hit record

Posted by on Apr 4, 2013 in Real Estate | 0 comments

A better economy and fast-rising home prices helped increase million-dollar home deals in California, with $5 million-plus transactions reaching a record in 2012.

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Forbes: Ellison richest Californian, Zuckerberg joins exclusive club

Posted by on Mar 29, 2013 in Social, Wealth | 0 comments

Facebook founder and CEO Mark Zuckerberg joined California’s billionaires club in 2012, a list headed by Oracle chairman Larry Ellison at $43 billion.

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