April 15, 2010 Most Americans See Home Prices Stable or Rising Seventy-two percent think now is a good time to buy a house by Dennis Jacobe, Chief Economist PRINCETON, NJ — Lower but stabilizing home prices combined with continued low mortgage interest rates have persuaded 72% of Americans that now is a “good time” to [...]
Filed under: Community Feedback, Industry and Economic News on April 29th, 2010 | No Comments »
The DJ plunks down nearly $4 million for the Hollywood Hills fortress. Moby, as DJ and singer-songwriter Richard Melville Hall is known, has purchased Wolf’s Lair, a Hollywood Hills castle-like fortress with views of downtown, Griffith Park, the Hollywood sign and the ocean, for $3.925 million. The sellers are Lionsgate Entertainment’s Jay Faires and Debbie [...]
Filed under: Industry and Economic News, Teles News and Press Releases on April 20th, 2010 | No Comments »
Laguna Beach house seamlessly blends art, architecture The contemporary home in the private community of Irvine Cove has five bedrooms, 6 1/2 bathrooms and panoramic ocean views. By Scott Marshutz April 18, 2010 Art and architecture blend seamlessly in this contemporary Laguna Beach home in the private community of Irvine Cove. A heavily detailed three-quarter-inch [...]
Filed under: Industry and Economic News, Teles News and Press Releases on April 19th, 2010 | No Comments »
HOT PROPERTY February 01, 2010|By Lauren Beale Stand-up comic and actor Sinbad has listed his longtime family home in gated Hidden Hills at $3 million. A long private driveway leads to the five-bedroom, five-bathroom country estate, which sits on a hilltop amid mature trees on 2.5 acres. There are fireplaces in the formal dining room [...]
Filed under: Industry and Economic News, Teles News and Press Releases on April 9th, 2010 | No Comments »
The filmmaker-painter’s villa, built in 1938, has come on the market for the first time in 30 years. Many of the rooms in the 3,405-square-foot house open to a large patio. HOT PROPERTY January 27, 2010|By Lauren Beale The Bel-Air home of Stephen Verona, music video and film director, screenwriter and painter, has come on [...]
Filed under: Industry and Economic News, Teles News and Press Releases on April 9th, 2010 | No Comments »
L.A. leads the S & P/Case-Shiller index of 20 cities with a 1.8% increase from December. The index rises 0.3% overall, its eighth monthly increase in a row. Some see recovery; others, a mixed picture. By Alejandro LazoMarch 31, 2010 A national index of home prices rose unexpectedly in January, with California cities posting strong [...]
Filed under: Industry and Economic News on April 1st, 2010 | No Comments »
Fewer homes enter foreclosure process in February Some experts say the 2% drop from January stems from banks’ efforts to keep owners in their homes. By Alejandro LazoMarch 11, 2010 The number of homes caught up in some stage of the foreclosure process in February fell 2% from the previous month to 308,524, a real [...]
Filed under: Industry and Economic News on March 12th, 2010 | No Comments »
Mortgage rates remain near record lows for modern era March 4, 2010 | 9:00 am The typical rate that lenders were offering for 30-year home loans slipped below 5% again this week, the mortgage company Freddie Mac said in a survey released Thursday. The survey asks lenders to report popular combinations of interest rates and points, [...]
Filed under: Industry and Economic News on March 5th, 2010 | No Comments »
Jonathan Lansner and Jeff Collins of the Orange County Register released a great blog on OC Real estate in January. You may view it here.
Filed under: Industry and Economic News on March 2nd, 2010 | No Comments »
Jumbo mortgage market is beginning to thaw The meltdown sent interest rates soaring and availability shrinking, but rates are declining and lenders are more willing to make loans that top the limits for Freddie Mac, Fannie Mae and the FHA. By E. Scott Reckard Phil Kelly had 18 more months to go before the fixed [...]
Filed under: Industry and Economic News on February 24th, 2010 | No Comments »