Washington Mutual Inc. is laying off 65 employees at its office in South Natomas.

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The addition of new dealerships drove Lithia Motors Inc. to record revenue in the third quarter of 2006, but the company hit a speed bump on the way to profits.

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National Commercial Ventures Inc. has bought Oakhollow Apartments, a 434-unit complex in North Highlands.

Read more about “Sacramento apartment complex nets $36M”

The local housing market was a topic of discussion at the 27th annual Wichita Area Economic Outlook Conference held Tuesday.

Read more about “Study shows home prices, some sales expected to rise in 2007″

Three area developments to be designed for low-income elderly residents and disabled people are included in a round of funding from the federal government.

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Memphis is the sixth most affordable market in Conference USA with an average home price of $193,875.

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Single-family home resales in Pinal County dropped to 850 recorded transactions in the third quarter compared to 1,180 sales in the second quarter and 1,110 in the first.

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Manufacturer ASV Inc. said Tuesday that its third-quarter profit fell by 37 percent, as a weaker housing market hurt orders from construction-equipment makers. The company also cut its 2006 outlook.

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An index of Colorado business confidence slid for the third consecutive quarter, indicating that business leaders have moderated their expectations for growth in the fourth quarter, officials said Tuesday.

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Third quarter earnings for the St. Joe Co. fell 83 percent as the housing market slowed and the developer pulled out of the home-building business in Florida.

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