Category : West Los Angeles
Sunset Park Single Family Homes Sales Report There were 73 homes sold in 2011 with a median home price of $980,000. This constitutes a 7% increase in sales from the prior year when 68 homes sold. The median home price increased over 7% from $914,000 the previous year. Sunset Park Condominiums Sales Report It was [...]
Santa Monica’s status as the destination of choice for technology and entertainment businesses got another boost with the $90-million sale to a Houston real estate investment firm of five “creative” office buildings — those highly designed, edgy alternatives to typical corporate environs. Lionstone Group, one of the largest owners of creative offices on the Westside, [...]
Good news. In a compromise negotiated today, Congress agreed to restore the $729,750 conforming loan limit for FHA mortgages. The extension will continue until December 31, 2013 and applies to high cost areas including all of Los Angeles and Orange County. We were not able to restore the $729,750 limit for Fannie Mae and Freddie Mac mortgages. As a [...]
A new bipartisan bill has been proposed that would allow foreigners who spend $500,000 on a residential property to obtain visas allowing them to live in the United States. What do you think of this new proposed bill? “Bill Would Encourage Foreigners To Buy U.S. Homes.”
