When people from around the globe think of Los Angeles, their first thoughts may conjure up visions of sunny beaches, surfing, a sprawling metropolis and of course, Hollywood and its famous (and often times infamous) movie stars. Of course, those of us who live here, especially those who grew up here, know just how much […]
Category: RE News
The Perfect Gingerbread Cookies!
Ginger Cookies: 1 cup (226 grams) unsalted butter, room temperature 1 cup (210 grams) light brown sugar 1/4 cup (60 ml) unsulphured molasses 2 large egg whites 1/2 teaspoon pure vanilla extract 2 2/3 cups (345 grams) all purpose flour 2 teaspoons baking soda 1/4 teaspoon salt 1 teaspoon ground cinnamon 1 teaspoon ground […]
Senate Bill 458, Will it Help or Hurt California Real Estate?
On the surface Senate Bill 458 appears to be a god send to distressed homeowners pursuing short sale, but is it?
Washington Mutual: Largest Bank Failure in U.S. History
After an investigation the Senate panel found that Washington Mutual could have prevented the downfall of their company. Executives at the firm had knowingly approved borrowers for loans they knew eventually the borrower was not going to be able to afford. Further investigation found that loans were even given to individuals who had provided false […]
Housing Market Bounces Back
Home prices in Southern California increased 14% last month compared to a year earlier.
President has a new neighbor
There was a new listing on the market by 36 year owners Bill and Jacky Grimsaw, the Presidents former neighbors.
Bailout Funds Paid Back
Banks, insurance and auto industry giants all definitely have one thing in common, they all received generous bailout funds to make sure their companies did not go bankrupt. Surprisingly, most of the companies are paying back the funds sooner than expected. The economy is on the right track and hopefully this means we are getting […]
Celebrity Real Estate
Diane Keaton’s home is back on the market for $10.98 million, just a year ago the property was listed for almost $13 million. She had purchased the 1920s-built home in 2007. One of the unique features of this property is that it has an interior courtyard which is surrounded by archways. The property also has […]
How many individuals predicted the Housing Blowup?
There were many investors and individuals who right away knew the housing blowup was coming, how did so many people miss it?