Bidding Wars and the Market
Although the buzz about bidding wars is true, Campbell/Inside Mortgage Finance HousingPulse Tracking Survey reported that bidding wars did not boost prices in its findings. Homes are selling below… Read more ⇢
News
Another Architectural Sin: Moore House Demolished
Despite several years of intensive advocacy and significant public outcry, the Moore House (Lloyd Wright, 1959) in Palos Verdes Estates (PVE) was demolished on Wednesday, April 25. Read more ⇢
Pending Home Sales at 2-Year High
Pending home sales increased in March and are well above a year ago, another signal the housing market is recovering, according to the National Association of Realtors. Read more ⇢
Ask the Expert: Buying Foreclosures, Real Estate Auctions
Q. I’m a first home buyer. I want to buy a foreclosure home. They seem to be the cheapest. Your thoughts? A. I’d like to speak about one aspect… Read more ⇢
URGENT ACTION NEEDED TO SAVE LANDMARKED BARRY BUILDING AND CORAL TREES
Now that the final Environmental Impact Report (EIR) for the proposed Green Hollow Square project in Brentwood has been released, your voice isurgently needed to prevent demolition of the… Read more ⇢
Light at the End of the Tunnel in Foreclosure Crisis
RealtyTrac’s US Foreclosure Market Report for first-quarter 2012 shows that foreclosure filings including default notices, scheduled auctions and bank repossessions were reported on 572,928 properties during the quarter, down… Read more ⇢
Loosening Credit to End Housing Crisis
Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics firm notes the… Read more ⇢
Short sales should receive a boost from “Robo-Signing” Settlement
The detailed terms of the so called “Robo-Signing” agreement between mortgage servicers and a coalition of state attorneys general and federal agencies were filed this week. The… Read more ⇢
Brittle Pipe is Called the Biggest Gas Risk To Public Statewide
One of the biggest natural-gas safety issues threatening Californians is a notoriously brittle brand of plastic pie, made in the 1970’s, that failed and caused two recent explosions, both… Read more ⇢
Los Angeles Marathon Street Closures
Street closure information for the Honda LA Marathon is now available. Please plan ahead for an alternate travel route to avoid street closures. Please be aware of… Read more ⇢
TRAFFIC ALERT: Presidential Visit
President Obama will be returning to Los Angeles for fundraising on Wednesday, February 15. Then he’ll go south to Orange County to attend an event in Corona del Mar… Read more ⇢
Real Estate Outlook: Existing-Home Sales Rise Again
The National Association of Realtors latest existing-home sales survey shows that sales are on the rise again. This is the third straight month of increases as well the rate… Read more ⇢
Hot and Smart Home Products
After nearly two decades of traipsing through the International Builders Show, the housing industry’s annual trade show, I’ve noticed a pattern. When the market is booming, product manufacturers roll… Read more ⇢
California Home Foreclosure Notices Decline 12% as Lenders Change Policies
Foreclosure notices in California, the state with the highest number of distressed mortgages, fell in the fourth quarter as the housing market improved and loan servicers changed their policies,… Read more ⇢
Wells Fargo sets home-purchase program for Los Angeles & Atlanta
(Reuters) – Wells Fargo & Co (WFC.N) on Wednesday announced a pilot program to stimulate home buying in Los Angeles and Atlanta, which were… Read more ⇢
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