Lakewood Real Estate News
6 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?
9 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?
10 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?
16 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?
19 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?
21 hrs ago | 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?
22 hrs ago | 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?
6 min ago | via Palm Beach Post
A woman takes a picture of a foamy area on a tour of the St. Lucie River during the 2013 Lake Okeechobee discharges. A landmark study from Florida's leading Realtor group proves what some homeowners were saying back in 2013 when Lake Okeechobee discharge turned parts of the St. Lucie River green _ mucky water lowers home values. Comment?
11 min ago | via Seeking Alpha
I constructed my own financial model based on publicly available information and believe Citi will deliver EPS of $1.50 . Citigroup is scheduled to report its 1Q'2015 earnings at 8 a.m. on the 16th of April 2015. Comment?
21 min ago | via Business Wire
With today's announcement, MEF-US will begin transitioning to operate under the name Huntington Technology Finance. Based outside of Detroit, MEF-US is the sixth major investment Huntington has made in Michigan in the past five years. Comment?
26 min ago | via WJOL-AM Joliet
Sparks continue to fly between Mayor Rahm Emanuel and challenger Jesus "Chuy" Garcia. The two battled over finances during their final debate last night leading up to next week's runoff election. Comment?
29 min ago | via Mish's Global Economic Trend Analysis
I have long railed against fractional reserve lending, duration mismatches , bank's ability to lend money into existence, and deposit insurance. Fractional reserve lending allows banks to lend out a near infinite amount of credit with essentially no backing. Comment?
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