Category : Economy

One of the main reasons why its been so busy in real estate right now is that buyers are trying to lock in their mortgage rates since it has been slowly climbing and has reached above 5% on a 30 year fixed loan – the highest level in nine months. Did you know that if [...]

In 2010, the City of Santa Monica ended the year with a budget surplus.  Check out the article below… Santa Monica Has Budget Surplus, But Rough Times Still Expected  

Federal Reserve Chairman Ben Bernanke says that if business and consumer confidence improves and interest rates stay low, it will most likely lead to a faster economic recovery. Interested in hearing your opinions… Economy still in a deep hole, Bernanke says.  

The City of Santa Monica is joining other cities in fighting Gov. Jerry Brown’s planned use of Redevelopment Agencies funds to close the States multi billion dollar budget gap. Click on the link below to read the article. City Hall fights to keep RDA funding