Turkeys on the American River Trail
Author: JimG
Redding’s Bank of Commerce Holdings approves 6-cent dividend
iPhone app makes homebuying easier
Much Redding Real Estate ‘Underwater’
A recently released report from First American CoreLogic indicates Redding has a 43 percent rate of “negative equity” properties. That’s about average for California, but higher than 45 other states. The report uses loan amounts from public records of first… Continue Reading
Shasta Regional Improves Financial Performance
According to preliminary data filed with the California Office of Statewide Health Planning and Development, Shasta Regional Medical Center substantially improved its financial performance in its most recently completed quarter. For the period ending June 30, 2009, net revenues were… Continue Reading
U-3 vs U-6, Unemployment numbers may be worse than you think
Shasta Regional Reports $3.3 Million Loss
Prime Healthcare, the company that operates Shasta Regional Medical Center, posted its first quarter 2009 financial and utilization data summary report, showing an increase in utilization from fourth quarter 2008 but at a level far lower than under the previous… Continue Reading
Redding real estate trends compare favorably to Sacramento
In times when local real estate professionals are struggling to stay positive, the trends are apparently not nearly as bad here as elsewhere. Zillow recently released data for the Redding area, and dropping values and owners with negative equity are… Continue Reading
Shasta Regional Parent Reports 4th Quarter Results
Shasta Regional Medical Center parent company Medical Properties Trust (MPW) reports that earnings per share for the fourth quarter 2008 decreased to 3 cents per share from 16 cents a year ago. See here for the SEC 8-K filing. In… Continue Reading
