real estate: Credit Markets Stabilize-Positive Signs for Recovery in Housing Market - 05/07/09 12:52 PM
On Tuesday, Federal Reserve Chairman Ben Bernanke said the economy appeared to be stabilizing, but warned that a real recovery is still months away."We continue to expect economic activity to bottom out, then to turn up later this year," Bernanke told the congressional Joint Economic Committee, according to a prepared … (1 comments)
real estate: Credit Markets Stabilize-Positive Signs for Recovery in Housing Market - 05/07/09 12:50 PM
On Tuesday, Federal Reserve Chairman Ben Bernanke said the economy appeared to be stabilizing, but warned that a real recovery is still months away."We continue to expect economic activity to bottom out, then to turn up later this year," Bernanke told the congressional Joint Economic Committee, according to a prepared … (0 comments)
real estate: 2009 Real Estate Forecast: - 12/31/08 02:30 PM
2008 was the year that subprime borrowers and speculators got hurt by the real estate crisis. 2009 could be when everyone else gets hit. Here's why.
Going into 2009, with the deepening recession and mounting job losses, serious housing troubles could infect wealthier communities and markets that were just beginning to … (0 comments)
real estate: Happy Boxing Day!! - 12/26/08 07:23 PM
Bonjour everyone!!! Hope you all had a wonderful Christmas with friends, family and loved ones. It was a really cold and stormy day in Marina Del Rey, but my house felt warm and cozy as enjoyed some good food and the Lakers-Celtics game. The Lakers put a stop to the Celtics' 19-game winning streak … (0 comments)
real estate: Interest Rates Fall Further, Mortgage Activity Soars (For week ended Dec 19th) - 12/26/08 07:05 PM
According to Mortgage Bankers Association (MBA) Mortgage Application Index, mortgage applications soared by 48% weeek-over-week on December 19th to 1,245.4 before Fed's surprise 75bps rate cute. It is a 106.3% increase compared to one year ago, which is also more than three times the amount of applications seen just 7 weeks ago, when it was … (0 comments)
real estate: Last week in the financial markets....more reality, more pain...some help? - 12/22/08 03:01 AM
Just when you thought things couldn't get worse for the Financial Markets, we learned last week about the largest fraud ever committed on Wall Street. On December 11, 2008, FBI agents arrested Bernard Madoff on a tip-off from his sons, Mark and Andrew (he must be thinking about how ungrateful his … (1 comments)
real estate: Pacific Palisades - "Where the Mountains Meet the Sea" - 10/24/07 08:11 PM
Pacific Palisades is a quaint seaside community situated between Brentwood to the east, Malibu to the west and Santa Monica to the southeast. The town is currently home to around 30,000 residents. It is an extremely prestigious and affluent community, home to many Movie Stars and high level business execs. In the "Village", as … (4 comments)
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On Tuesday, Federal Reserve Chairman Ben Bernanke said the economy appeared to be stabilizing, but warned that a real recovery is still months away."We continue to expect economic activity to bottom out, then to turn up later this year," Bernanke told the congressional Joint Economic Committee, according to a prepared … (1 comments)
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