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Real Estate/Development

Sep. 3, 2010

Real Estate Industry Dodges Bullets

California's real estate and mortgage lending industries dodged a few bullets and suffered a few minor dings in the waning days of the state legislative session that ended late Tuesday night.

By Richie Duchon

Daily Journal Staff Writer

California's real estate and mortgage lending industries dodged a few bullets in the waning days of the state legislative session that ended late Tuesday night, as lawmakers sought new ways to close the state's massive budget deficit.

Proposals to raise taxes and other business costs came at a sensitive time for the state's real estate industry, which faces few encouraging...

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