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 […]
Read MoreIn 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
Read MoreFederal 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.
Read MorePlastic or Paper? Santa Monica bans use of plastic in grocery, convenient, pharmacy and liquor stores. Read the LA Times article below… Santa Monica Council OKs Plastic Bag Ban
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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
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The Santa Monica City Council has rejected a proposal for council members to disclose on whether a developer has contributed to their campaign before they are able to participate in a major decision that affects the developer. Click on the link below for the full article. City Council rejects disclosure proposal after some debate
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It’s my firm belief that the Federal Housing Authority has extended the suspension of the “anti-flipping” rule to boost sales of foreclosures. Would love to hear your opinions on the latest ruling. The link to the article is… FHA extends suspension of ‘anti-flipping’ rule for another year.
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The Santa Monica real estate market has been very active this year because of the record low rates. As of today there have been 218 single family homes that have sold with a median price of $1.5M comparing to last years total sales of 190 homes with a median price of $1.625. We have seen a […]
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Over the course of the last few months, I have been adding new West Los Angeles “Neighborhood” information to my site. I have recently added Venice and Culver City to assist buyers looking for homes, condos and townhouses in those premium areas make an informed decision as to the best possible location for their property. Happy hunting!
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