burbank real estate agent: For All Fans of Frank Lloyd Wright Architecture - 10/31/08 01:32 AM
I recently started using stumbleupon.com. It's a very fun web site that literally let's you stumble onto web sites, videos based on your personal interests. For example, you can check photography, architecture etc. and you can explore web sites you never knew about.
This is a video I just stumbled and … (7 comments)
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burbank real estate agent: G-7 Meets.....What's Next? - 10/11/08 01:07 AM
Group of Seven finance chiefs, vowed to do whatever was necessary to prevent the collapse of major banks.
The policy makers included representatives from the U.S., Japan, Germany, U.K., France, Canada and Italy.
The G-7 policy makers were under pressure to roll out new policies, but they came up short on … (3 comments)
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burbank real estate agent: Economic Update - 10/09/08 06:39 PM
A couple of things are clear, many people have lost confidence in the financial system and this is not just a U.S. problem as the aftermath of this financial crisis is being felt around the world.
Federal Reserve Chairman Ben Bernanke brokered the broadest coordinated interest rate cut in … (2 comments)
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burbank real estate agent: Economic Update! - 10/01/08 01:45 PM
Senate is set to vote tonight on an amended bailout bill, which includes temporarily raising the FDIC deposit insurance to $250k and continuing some tax breaks for corporations and individuals. Apparently some in the House are working on an amended bill as well. No House vote is scheduled yet.
… (0 comments)
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burbank real estate agent: Economic Update! - 10/01/08 01:35 PM
Senate is set to vote tonight on an amended bailout bill, which includes raising the FDIC deposit insurance to $250k and continuing some tax breaks for corporations and individuals. Apparently some in the House are working on an amended bill as well. No House vote is scheduled yet.
The … (0 comments)
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burbank real estate agent: Economic Day In Review..... - 09/22/08 05:17 PM
It's clear that the optimism from last Friday has quickly given way to a no confidence vote for Treasury Secretary Paulson's plan.
Today's highlights:
The Dow was down by 372.75 points but the big story is gold rising by $40 and oil rising by $15 per barrel to close at … (5 comments)
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burbank real estate agent: Are you ready for an earthquake? - 09/21/08 03:08 PM
Living in Southern California for over 35 years has made me somewhat complacent about earthquakes, but I know first hand how devastating they can be and at the very least I keep a good supply of bottled water in the house, just in case. But I know I need to do … (0 comments)
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burbank real estate agent: The Fallout Continues......Lehman Bros., Merrill Lynch, AIG - 09/15/08 11:46 AM
This year continues to be a dizzying spiral of institutional failures. As you can see below the fallout continues and it's not looking pretty.
Let's review what's going on:
Lehman Bros. (the holding company) files for Chapter 11 as no buyer emerged to save the company
Merrill Lynch, in a surprise … (7 comments)
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burbank real estate agent: City Of Burbank Housing Element Update - 09/11/08 11:30 PM
Every few years the State of California mandates that cities provide a policy document that outlines programs that both promote the development of affordable housing and reduce any constraints to the development of added housing. Individual cities that do not comply and complete this document risk losing funding for many future … (0 comments)
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burbank real estate agent: August Closed Sales for Burbank - 09/10/08 07:31 PM
Month to month average sale price is up $30,186, year over year, average sale prices are down by $104,851 or 15.8%.
Average days on market, year over year are down 3 days.
Number of sales is up almost 10%.
These numbers are reflecting several factors……
• Year over year, … (0 comments)
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burbank real estate agent: More on the seizure of Fannie Mae and Freddie Mac....... - 09/08/08 09:23 PM
Yesterday I wrote a post outlining some details of the Federal Housing Finance Agency's takeover of Fannie Mae and Freddie Mac.
Today I want to expand on that post and bring up some other discussion points.
First, let's be clear that the failure of these two entities represents the #1 and … (5 comments)
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burbank real estate agent: What to make of the US Government's seizure of Fannie Mae and Freddie Mac - 09/08/08 02:48 AM
Sunday it was announced that the government, through the Federal Housing Finance Agency, was making the landmark, although not altogether unanticipated, decision to take over the Federal National Mortgage Association (FNMA-Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).
After suffering from the biggest number of mortgage defaults in … (3 comments)
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burbank real estate agent: Burbank Real Estate Statistics - 08/25/08 11:37 AM
Month to month average sale price is down $45,281, year over year, average sale prices are down by $150,000 or 22.83%.
Average days on market, year over year are up 27 days.
Number of sales is up 16%.
These numbers are reflecting several factors……
Year over … (0 comments)
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burbank real estate agent: Residential Resources for Burbank Homeowners - 07/29/08 10:56 AM
Burbank has some great resources for Burbank residents aimed at being proactive and keeping our neighborhood safe.
Neighborhood Watch-Burbank Police Department has representatives that will sit down with you and explain how to set up a neighborhood watch so you can be proactive and help prevent … (1 comments)
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burbank real estate agent: Burbank Homeowners and Renters Assistance Program - 07/26/08 01:41 AM
Burbank homeowners and renters may be eligible for free state monies.
This valuable program is offered July 2 to August 28th for eligible Burbank seniors at the Joslyn Center, on Wednesdays from 9- 10am and Thursdays from 1-3pm, by appointment.
Free assistance will be given in order to receive these … (1 comments)
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burbank real estate agent: Economic Round Up - 07/24/08 06:14 PM
There's always the good news and the bad news.......I'll start off and end with the good stuff, there's not much today.
On a positive note crude oil prices have been much lower this past week as the bubble seemingly has burst on the speculation that was driving oil prices … (3 comments)
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burbank real estate agent: The Economic Week In Review....... - 07/14/08 01:32 AM
The big news for the week came late on Friday.
After market close, it was announced, that IndyMac Bank, a leader in “Alt-A” loans, had been seized by the Office of Thrift Supervision, due to a run on deposits. This made IndyMac Bank the 2nd largest federally insured financial … (2 comments)
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burbank real estate agent: The Economic Week In Review - 04/25/08 06:22 PM
Exisiting Home Sales dropped 2% in March. The bad news was that housing supplies increased to 9.9 months, up .3 from the February number of 9.6. Median prices were up 2.5% to $200,700, but is down 7.7% as compared to the median price in March 2007. State Street Investor Confidence Index … (5 comments)
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burbank real estate agent: The Economic Week In Review - 04/04/08 04:21 PM
The Economic Week in Review:
NAPM Chicago Index showed a slight jump in orders, which was positive, but also showed a jump in prices, probably due to rising fuel prices.
Motor Vehicle Sales were weak, lowest rate since 1996, Construction Spending was down but better than expected and ,ISM Manufacturing … (3 comments)
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burbank real estate agent: The Week Ahead........ - 10/14/07 06:08 PM
Monday 15
Empire State Manufacturing Survey-monthly survey of manufacturers in New York State.Consensus 12.5
3 Month & 6 Month Bill Auction
Tuesday 16
Industrial Production Consensus.1%
Housing Market Index-Produced by the National Association of Home Builders. This is a survey which is filled out by the members of this organization and it gives their … (0 comments)
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burbank real estate agent: Burbank Housing Market Report - 10/05/07 03:34 PM
Local Housing Update:
Period 9-15-07 to 10-05-07 Average new listings/day Average closed sales/day # Pending Sales/day
Burbank 3.8 … (1 comments)
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burbank real estate agent: 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 … (3 comments)
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burbank real estate agent: 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 … (5 comments)
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burbank real estate agent: 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 … (2 comments)
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burbank real estate agent: 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 … (1 comments)
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burbank real estate agent: 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 … (4 comments)
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burbank real estate agent: 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 … (4 comments)
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burbank real estate agent: 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 … (1 comments)
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burbank real estate agent: 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 … (11 comments)
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burbank real estate agent: 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 … (6 comments)
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burbank real estate agent: 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 … (0 comments)
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burbank real estate agent: 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 … (1 comments)
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burbank real estate agent: 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 … (1 comments)
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burbank real estate agent: 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 … (3 comments)
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burbank real estate agent: 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, … (4 comments)
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burbank real estate agent: The Week Ahead........ - 08/26/07 05:47 PM
Monday 27
Existing Home Sales-consensus 5.70M..... Year to year this number has dropped 11.4% and housing supply at 8.8 months. June sales were down 3.8%.
3 & 6 Month Bill Auction
Tuesday 28
ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is … (1 comments)
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burbank real estate agent: Recycle Corner! - 08/07/07 12:34 AM
If you are like me and try to recycle as much as possible you will want to read on!
If you have any batteries, old eyeglasses, cartridges from your printers, CD's and DVD's you can take them to your local Burbank library! Just bring them to any Burbank library location and … (5 comments)
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burbank real estate agent: Bicycle Fever! - 08/06/07 11:42 PM
Are you thinking about buying a bicycle or getting back on the dusty one in your garage after watching the Tour De France?
If you are, then you might want to check out the great online maps that are available for bike paths in Los Angeles County. Another great … (3 comments)
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burbank real estate agent: Burbank Adult School! - 08/03/07 01:04 AM
For those Burbank and Toluca Lake residents looking to increase your academic prowess or just learn something new, the Burbank Adult School Fall 2007 Class schedule is out!
The Burbank Adult School includes but is not limited to classes for:
Parenting
Computer Literacy
Foreign Languages
Health Occupations Training
Photography
and much more!!!!
This campus is conveniently located at: … (0 comments)
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burbank real estate agent: Is Your Home Energy Efficient? - 08/03/07 12:46 AM
City of Burbank Water and Power has a really great tool, the Home Energy Analyzer, that can help you analyze your home's annual energy consumption and give you suggestions as to how you can improve your home's efficiency.
I would recommend that you have at least a few months of your … (2 comments)
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