Los Angeles Real Estate Blog

Higher Loan Limits Announced

Higher Loan Limits Announced

Market Watch for the Week of March 20, 2009 Mortgage rates dropped slightly last week as the tone of the credit market improved. Retail sales were slightly better than expected which gave hope for a quicker rebound for the general…

New REO listing in Lower Westwood

New REO listing in Lower Westwood

An REO foreclosure property is available in Lower Westwood, north of Pico Blvd. The home is a newer construction Mediterranean style  home built, in 2005. The property is located at 2326 Glendon Ave., LA CA 90064. The home is a 5 bedroom,…

HOMEOWNERS BEWARE: Foreclosure Rescue Scams

HOMEOWNERS BEWARE: Foreclosure Rescue Scams

With the recent rise in foreclosures, foreclosure-related scams have exploded onto the real estate scene. These so-called “foreclosure rescue companies” claim they will help save your home, but in reality are out to make a profit — at your expense. Red…

What does One Trillion Dollars look like?

What does One Trillion Dollars look like?

All this talk about “stimulus packages” and “bailouts”… A billion dollars… A hundred billion dollars… Eight hundred billion dollars… One TRILLION dollars… What does that look like? I mean, these various numbers are tossed around like so many doggie treats, so I thought I’d  try to get…

First-Time Home Buyer Tax Credit

First-Time Home Buyer Tax Credit

  A tax credit of up to $8,000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new…

Westside Subway Extension Meetings Posted

Westside Subway Extension Meetings Posted

More evidence that Facebook is the town crier. Via the Westside Subway Extension Facebook page: “We’re ready to begin scoping for the Draft EIS/EIR for the Westside Subway Extension. Technically, the scoping period won’t begin until the notice is published…