burbank real estate agent: Beautiful Chatsworth Lake Manor home for sale! - 11/06/09 09:26 PM
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burbank real estate agent: Home Buyer Transaction Fees-Do you know who pays for what? - 06/03/09 03:47 PM
If you are a first time home buyer, you will want to know who is expected, typically, to pay for what expenses in the home buying transaction process.
This list is intended as a guide and keep in mind that everything is negotiable and you can ask the seller to pay … (1 comments)
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burbank real estate agent: Thinking About Greening Your Burbank Home? - 04/01/09 06:36 PM
Thinking about greening your home?
With so many resources, where do you start?
One of my favorite websites is GoGreenTube.com. It's a fantastic resource filled with green videos on that talk about sustainable ideas, tips, how to advice, resources, products and much more!
It gets warm here in Burbank and the … (0 comments)
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burbank real estate agent: Will Burbank Home Owners get help from the Making Home Affordable Program? - 03/11/09 12:43 AM
The Obama administration has given us some new details on its $275 billion plan to help stem the tide of foreclosures nationwide.
It’s offering many incentives to investors, lenders etc. to entice them into modifying distressed mortgages to keep Americans in their homes. The steep fall in home prices is the … (0 comments)
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burbank real estate agent: Sobering unemployment and mortgage delinquency numbers - 03/06/09 02:19 PM
I get alot of questions from home buyers asking me if we are at the real estate bottom here in Burbank and the San Fernando Valley and the honest answer is, I don't know. But I will tell you that looking at the unemployment numbers that came out today, I would guess … (0 comments)
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burbank real estate agent: Pending Home Sales Index, what does it mean to you? - 03/03/09 01:20 PM
Image by Getty Images via Daylife
First, what is the pending home sales index?
The NAR (National Association of Realtors) developed the pending home sales index as an indicator of housing activity. It tends to be a leading indicator of existing home sales, not new home … (1 comments)
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burbank real estate agent: Burbank Real Estate Sales for January 2009 - 02/16/09 06:50 PM
Monthly Activity Report Burbank-January 2009
Month to month average home sale price in Burbank from December 2008 to January 2009 is down $38,507, or 7%.
Average days on market, are up 3 days.
Most notably number of sold properties is down almost 58 % from December … (0 comments)
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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 … (8 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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