The Week Ahead..... - 09/30/07 04:47 PM
Monday 1 ISM Manufacturirng Index Consensus-52.9 Survey of manufacturing firms that measure their sentiments on a variety of areas including employment, production, new orders and inventories. 3 & 6 Month Bill Auction Tuesday 2 Pending
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The Week in Review....... - 09/29/07 07:31 PM
Last week was quite eventful. We saw Existing Home Sales in August come slightly lower than expected, they came in at an annualized pace of 5.50M. The big story, however, was the Home Inventory numbers at an all time high! New Home Sales were down 8.3% to an annualized level
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Falcon Theater - 09/26/07 02:25 AM
Are you looking for something to do? If so, don't forget to peruse the Season at the Falcon Theater: Leap September 5th-October 7th "All poor Bob wants to do is
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Burbank City Council Update! - 09/25/07 03:36 AM
There are items from last week worth mentioning: City Council approved new and revised energy efficiency programs for businesses and homes. What it means to you is that the city will be offering more rewards for energy efficient homes. Cm. Golonski dissented as he objected to the program's inclusion of non-profit
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City of Burbank General Plan Update! - 09/25/07 03:09 AM
City of Burbank has a General Plan that sets out goals and is essentially a policy guide for growth and development. Whatever is in this plan will serve as a blueprint for all future development. The Planning and Transportation Devision is in the process of updating this plan and will hold a
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What's a Nurdle? - 09/24/07 06:59 PM
There is legislation that is currently on the floor of the California Legislature called AB258, that will put much more stringent rules in place to prevent nurdles from reaching our oceans. It's about nurdles......so what, you ask, is a nurdle? Nurdles are pre-production plastic pellets and resin materials used in
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New Area Code for Burbank? - 09/24/07 01:32 AM
Apparently the 818 area code will run out of numbers by 2009 due to the demand for cell phones! The California Public Utilities Commission is proposing splitting the San Fernando Valley into two pieces and have a new area code, 747, for part of the area. The other option on the table
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The Week Ahead..... - 09/23/07 03:36 AM
Monday 24 3 & 6 Month Bill Auction Tuesday 25 Existing Home Sales-consensus 5.50M..... Year to year this number has dropped 9% and housing supply for July was at 9.6 months. Case-Shiller Home Price Index ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total
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The Week in Review....... - 09/23/07 03:13 AM
Last week was quite eventful as we saw the Fed lower interest rates by 50 basis points to 4.75%! This is the first easing in four years! They forcefully responded to concerns of economic weakness by lowering both the Discount and the Target rate, which are two key rates. This
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Google Presentations is Amazing! - 09/18/07 11:54 AM
Wow, I just read a post by Jeff Turner, entitled, Google Completes the Missing App-Presentations Arrive! So, of course, I wanted to check this out! For fun I took the post I wrote yesterday, Buy or Rent? and turned it into a slide presentation on Google Presentation. You can view the end result
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Buy or Rent? - 09/17/07 07:19 PM
I'm frequently asked if buying makes more sense than renting. The answer is that there is no one answer as that decision depends on many factors, not the least of which involve your financial situation, job stability etc. It warrants a good look and before I go any further, for the
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The Week Ahead...... - 09/16/07 11:59 AM
Monday 17 Empire State Manufacturing Survey-monthly survey of manufacturers in New York State.Consensus20 3 Month & 6 Month Bill Auction Tuesday 18 FOMC Monetary Policy Announcement Consensus 4.75% 50 basis point cut Housing Market Index-Produced by the National Association of Home Builders. This is a survey which is filled out by the
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Taste of Downtown Burbank! - 09/16/07 11:58 AM
For a fun night out, come check out Taste of Downtown Burbank this coming Thursday, September 27 from 5:30pm-9:30pm. It promises to be a fun event as over 30 restaurants and local eateries will participate by providing food from each of the establishments. There will also be a Beer and Wine Walk
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Burbank City Council Update! - 09/16/07 10:42 AM
There are items from last week and the upcoming week that I thought you might find of interest concerning the Burbank City Council. Last week the Burbank City Council approved a "zone text amendment" for the Rancho area. As you may recall there was a heated discussion about this project last
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The Week in Review.......... - 09/14/07 05:57 PM
We're basically on hold until Tuesday, when the FOMC(Federal Open Market Committee) meets to discuss our future interest rate policy. Rumors have gone from 1/4 to 1/2 point decrease in the Federal Funds Rate. The question is whether this will be of any real value to the market. A 1/4
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The Week Ahead........ - 09/08/07 09:06 PM
Monday 10 Consumer Credit This report represents the overall value of outstanding consumer credit debt. Very simply put,
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Pending Home Sales and Mortgage Market Update! - 09/05/07 11:31 AM
The Pending Home Sales number came out this morning at down 12.2% for July versus the 2% that was expected. Realtors are reporting that sales are taking longer to close and many are failing to close. Much of this, I'm sure, is tied to our current credit market situation and how
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The Week Ahead....... - 09/02/07 02:29 AM
Monday 3 Labor Day! Tuesday 4 Construction Spending-Consensus 0% Good indicator of the economy's momentum. ISM Manufacturirng Index Consensus-53.0 Survey of manufacturing firms that measure their sentiments on a variety of areas including employment, production,
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