Burbank Real Estate News
8 hrs ago | via Castanet.net
Los Angeles County coroner's investigators say the death of Getty oil heir Andrew Getty is most likely via natural causes or an accident. Coroner's Assistant Chief Ed Winter says the death Tuesday at a home in the Hollywood Hills appears to be natural, but it has been tentatively ruled an accident because of medication found at the scene. Comment?
11 hrs ago | via Glendale News-Press
Clear leaders in garnering endorsements from key Glendale organizations have emerged in the three upcoming races leading up to election day on April 7. In the race for Glendale City Council, real estate broker Vartan Gharpetian has been endorsed by 11 groups, while incumbent Councilwoman Paula Devine, a retired teacher, has secured backing from nine organizations. Both are endorsed by the Glendale Assn. Comment?
Thursday Mar 26 | via Los Angeles Times
Home prices have grown far faster than wages in Southern California over the last two years, a new report says. Home prices have grown far faster than wages in Southern California over the last two years, a new report says. Comment?
Wednesday Mar 25 | via The Heartland Institute
Important attention has been drawn to the shameful condition of middle income housing affordability in California. The state that had earlier earned its own "California Dream" label now limits the dream of homeownership principally to people either fortunate enough to have purchased their homes years ago and to the more affluent. Comment?
Wednesday Mar 25 | via Los Angeles Times
A Metro Gold Line train travels east from the city center as dusk descends on Los Angeles in October. The agency is considering a proposal to set aside some of its property for affordable housing development. Comment?
12 hrs ago | via Inside Bay Area
The statewide housing crunch is raising prices and putting lower income groups into deeper financial straits as they attempt to keep up with housing costs, according to a new state report. "California's High Housing Costs: Causes and Consequences," released March 17 by the state Legislative Analyst's Office, examines the shortage of housing and says the state needs to revamp policies to build several hundred thousand new dwellings. Comment?
18 hrs ago | via San Diego Mortgage Report
I've probably funded over 400 VA home loans this decade; over 60 of those loans funded for condominium complexes not approved by the Veterans Administration. In Southern California, it's quite common along the coastal communities for buyers to look at condos, townhomes, or PUDs as lower-cost alternatives to single-family homes. Comment?
21 hrs ago | via Dr. Housing Bubble Blog
Pasadena and the art of marketing old homes: Los Angeles has many areas with very old homes and unsuspecting buyers purchasing into future cash outflows. People are desperately trying to find great deals on crap shacks . Comment?
Yesterday | via Mortgage News Daily
Home prices flattened on a month-over-month basis in January even as annual prices continued to increase S&P Dow Jones Indices said today. The Case-Shiller indexes for national as well as selected metropolitan areas changed only minimally from December, partially attributable to usually cold and wet weather according to the S&P monthly report. Comment?
Yesterday | via Forbes.com
I'm a staff writer at Forbes covering real estate: from ultra-luxury homes to foreclosures to the people making the deals happen. Until recently, I was a member of our Forbes wealth team, crunching numbers for our Forbes 400 and World's Billionaires lists. Comment?
13 min ago | via Contra Costa Times
It takes something more audacious to sell beachfront property these days to the global ultra-wealthy who arrive in Miami with millions to spend on second or third homes. It takes words invested with meaning in the language of the international jet set: With a slew of residential and hotel developments, Miami is embracing the notion that homes, like cars, handbags and jewelry, should carry luxe designer labels. Comment?
33 min ago | via American Banker
Wall Street Journal Fair Isaac is developing a new credit score that's aimed at the millions of people who currently don't have credit scores and are cut off from auto loans, credit cards and mortgages. About 53 million Americans are now unable to qualify for most types of bank-issued consumer credit because they don't have a credit history. Comment?
6 min ago | via Business Journal
The Florida Bar announced that the Supreme Court is disciplining 28 attorneys, including a permanent disciplinary revocation for a Jacksonville lawyer. Brenda L. McCann , who was first admitted to the Bar in 2000, faces the revocation immediately. Comment?
9 min ago | via Business Journal
If any proof is needed that the great recession is a thing of the past for most Coloradans, just look at the foreclosure numbers released Tuesday by the Colorado Division of Housing. Reporting on the numbers, Inside Real Estate News noted foreclosure filings dropped 25.2 percent, to 9,263, in a dozen major counties in Colorado last year. Comment?
9 min ago | via Lexington Herald-Leader
There were 636 home sales that closed in February in the nine-parish area, according to figures released Tuesday to The Advocate by the Greater Baton Rouge Association of Realtors' Multiple Listing Service. That compares with 607 closed sales in February 2014. Comment?
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