josh barre: Real Estate Economic Blog: Sales Decline, Prices Drop - 02/25/09 06:33 PM
For January 2009
Existing Home Sales: fell by 5.3% to 4.49 million. It has declined by 8.6% over the past year.
Single-Family Existing Home Sales: declined by 4.7% to 4.05 million. It dropped 7.1% over the past year.
Condo/co-op Sales: tumbled by 10.2% to 440k. It dropped 20.3% over the past … (2 comments)
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josh barre: Obama Housing Plan Q & A - 02/24/09 07:19 PM
The following is the Q & A on Obama administration's housing plan released by U.S. Treasury in Washington.
Questions and Answers for Borrowers about theHomeowner Affordability and Stability Plan
Borrowers Who Are Current on Their Mortgage Are Asking:
1. What help is available for borrowers who stay current on their mortgage … (1 comments)
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josh barre: Real Estate Economic Blog: Rates Fall, Activity Soars - 02/24/09 05:44 PM
For week ended February 13, 2009
MBA Mortgage Applications Index: increased by 45.7% compare to prior week to 875.3.
The Purchase Index: increased by 9.1% compare to prior week to 257.3, purchase activity is still 28% below its level a year ago.
The Refinance Index: increased by 64.3% to 4,472.9. Refinance … (2 comments)
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josh barre: Obama Pledges $275 Billion to Stem Foreclosures and Help Borrowers - 02/24/09 03:28 PM
President Obama pledged $275 billion to a program that includes cutting mortgage payments for as many as 9 million struggling homeowners and expanding the role of Fannie Mae and Freddie Mac in curbing foreclosures. Treasury will buy as much as $200 billion of preferred stock in the two mortgage companies, twice … (2 comments)
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josh barre: $8000 Tax Credit for First-Time Home Buyer (Update2) - 02/20/09 12:07 AM
(Update2)
$8,000 is a tax refund. Meaning if you owe less than $8,000 in tax, you still get a full $8,000 tax credit as refund check. Below is 3 scenarios for better understanding.
Scenario 1: If your tax liability is $6,000 and you paid $6,000 from your payroll witholding, you will get the entire … (2 comments)
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josh barre: **NEW $15000 Tax Credit on Home Buyer Stimulus Package!! (Update 3) - 02/06/09 08:23 PM
(Update 3)The Congress has enacted the new $8,000 tax credit for first time homebuyer as part of the effort of The American Recovery and Reinvestment Act of 2009 to stimlate the US economy crisis caused by subprime mortgage and resulted in credit crunch. Please visit my new blog entry for more information. … (71 comments)
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josh barre: Real Estate Economic Blog: Record Rise on Existing Home Sales - 02/03/09 06:01 PM
Sales of Existing Home: rose unexpectedly from a record low, propelled by the biggest slump in prices since the Great Depression as foreclosures surged. Purchases rose 6.5% to an annual rate of 4.74 million from 4.45 million in November. The number of existing homes on the market at the … (1 comments)
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josh barre: Kung Hei Fat Choi 恭喜發財!!!! Happy Chinese New Year!!! - 01/26/09 06:50 PM
Today is the 1st day on Lunar Calendar which is the Chinese New Year, year of OX.
Here I wish everyone a happy new year 新年快樂 (pronounce "Sun Nin Fai Lok" in Cantonese) and 恭喜發財 (Kung Hei Fat Choi). I learned that Kung Hei Fat Choi is the 1st … (3 comments)
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josh barre: Hillside Burglar Caught: 150 Break-Ins With Over $10 Million Worth of Cash and Property - 01/23/09 07:35 PM
Troy Corsby Thomas, 45, is alleged to have been the brains behind more than 150 daring break-ins in 3 years. The thieves hauled away more than $10 million worth of valuables and cash. According to police, the Hillside Burglars usually wore black clothes, ski masks and gloves when breaking into homes … (2 comments)
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josh barre: Real Estate Economic Blog: Rates Jump, Activity Drops - 01/23/09 06:29 PM
According to EAS, Mortgage Bankers Association (MBA) mortgage applications fell by 9.8% during the week ended January 16 to 1,195.3, reversing about 2/3 of the prior week's jump of 15.8%. The Purchase Index climbed by 2.5% to 303.1. Despite the recent decline in mortgage rates, purchase activity is still 31.1% below … (0 comments)
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josh barre: Real Estate Economic Blog: Record Low Housing Starts - 01/23/09 03:57 PM
Housing starts measure initial construction of residential units (single-family and multi-family) each month. According to EAS, it plunged by 15.5% in December to a record low of 550K. This was their lowest level since record keeping began in 1959. Housing starts have declined by 45% over in 2008 following a nearly … (4 comments)
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josh barre: Salmonella Recall Peanut Butter Product - 01/22/09 06:58 PM
The salmonella outbreak has led to 474 reported illnesses and may have caused six deaths. Federal health officials say the salmonella recall now involves about 31 million pounds of peanut butter and peanut paste.
The following is the list of Peanut Butter Recall product. Please take your time to review the … (8 comments)
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josh barre: San Gabriel Valley Blog: What’s Happening in San Gabriel Valley - 01/22/09 06:09 PM
Noah's Ark Weekend Workshops
A Creature Celebration
Sun, Jan 25, 10 am-1 pm or 1-4 pm - Skirball Cultural Center
Come celebrate the New Year with a Chinese spin. Explore Noah's Ark for animals that relate to the Chinese Zodiac calendar, like the monkey and rat. Then return to the studio … (0 comments)
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josh barre: Malibu Blog: What's Happening in Malibu - 01/22/09 05:28 PM
Winter 2009 Story Times at Malibu Library
Starting the week of January 12, 2009Session will run 9 weeks ending March 12, 2009
Tuesdays 10:45 am - Baby Story Time A lap-sit program of stories, rhymes, bounces, music and movement for infants ages birth-18 mos. One adult per baby, please!Tuesdays 10:00 am … (1 comments)
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josh barre: Pacific Palisades Blog: What's Happening in Pacific Palisades - 01/22/09 02:42 PM
Local Education
Kehillat Israel Early Childhood Center: Parent Panel
Thu, Jan 29, 7 pm - Kehillat Israel16019 W. Sunset Blvd., Pacific Palisades
A panel of our current parents will answer questions posed by potential parents about our preschool program and community. Please RSVP to diane@kehillatisrael.org by Jan 27. ***Applications now being … (0 comments)
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josh barre: Santa Monica Blog: What's Happening in Santa Monica - 01/21/09 07:03 PM
Santa Monica
Inauguration Celebration With Kadir Nelson
Wed, Jan 21, 3:30-5 pm - Every Picture Tells A Story1311-C Montana Ave.
Come celebrate our 44th President. Award-winning artist KADIR NELSON will be here to sign "CHANGE HAS COME." His new book features the stirring words of Barack Obama and illustrations by Kadir. … (2 comments)
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josh barre: Brentwood/Westwood Blog: What's Happening in Brentwood & Westwood - 01/21/09 06:58 PM
70 Years of Jazz Music
Blue Note 70th Anniversary - On Tour
Thu, Jan 22, 8 pm - UCLA Royce Hall, Westwood
To celebrate the 70th anniversary of the Blue Note legacy, an all-star band featuring some of today's finest musicians will travel the world celebrating this rich treasure trove of … (0 comments)
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josh barre: **$175 Million worth of FREE Cosmetics for the Ladies!! - 01/21/09 04:44 PM
A girl friend of mine sent me this link. Apparently a lot of department lost the lawsuit on over charging consumers for many years and now the lawsuit is settle to give away $175 million worth of free cosmetics for 7 days. A lot of you may already know about this … (1 comments)
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josh barre: Wednesday Memory Improvement Tips Blog - 01/21/09 01:47 PM
Being present rather than Absentminded
Absentmindedness means what it says: Your mind is absent from where you are in the present. Don't expect to remember what you were doing if your mind was elsewhere. No doubt you're like most people who've misplaced their car keys or forgotten what they were going … (2 comments)
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josh barre: How to Understand a Trillion-Dollar Deficit?? - 01/20/09 07:28 PM
I was browsing through articles and the word "trillion" caught my eyes. The word "trillion" doesn't show up often and there's no way I can related to that word. "There is a sense that when numbers are too big or too small, the brain just shuts off. People either don't think … (2 comments)
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