hermosa beach: Want to Sell Your Home? - 01/12/08 01:38 PM
Find a terrific Publicist (Real Estate Agent) who knows how to create some pizzaz, a unique attraction around your home. You may not realize how special your property is, only your agent appreciates what a jewel you have. This is what goes through his mind as he takes steps to present … (5 comments)
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hermosa beach: A Good Time to Buy - 11/30/07 08:16 AM
The 2007 National Housing Pulse Survey from October 2007, indicates that 59 percent of Americans think .And yet, these are the figures that are completely out of sinc with logic : = Existing Homes Sales dipped to 4.97 million in October, the lowest since 1999 = New Homes Sales counted 728,000, … (0 comments)
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hermosa beach: So, Is It A Buyers Market? - 11/06/07 09:23 AM
Can it be described as "A market condition characterized by an abundance of goods available for sale”...a reasonable description of a buyer’s market? Is a decline in pricing reflecting a buyer’s market?Well its a buyer’s market, or was, in terms of availability. This condition has been changing. Rather than reducing the … (6 comments)
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hermosa beach: Could The Miserable Housing Starts Be An Indicator Of The Housing Market's Recovery? - 10/19/07 10:00 AM
Not if you believe everything you read in the press. These writers present only what appears on the surface. Yes, Housing Starts plunged last month. Does this mean the Housing Market is in the toilet?The government has just released September 2007's Housing Starts data for the country. A "Housing Start" is … (6 comments)
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hermosa beach: Ah, la fin de fumer! - 10/15/07 11:29 AM
Yes, come January, smoking will be banned in all restaurants and bars in France. In theory, the ban has been in effect since 1991...a ban except for specified “smoking” areas. Of course the majority of space in each establishment became the smoking area. It looks like one of the last poignant characteristics … (1 comments)
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hermosa beach: Things Looking Up? - 10/14/07 06:03 PM
Things are starting to look up in real estate from what recent reports and the NAR indicate. It may be a temporary positive glich, but with widening credit availability and low interest rates holding steady it sure does look like a recovery is slowly under way. I’m sure this is no … (5 comments)
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hermosa beach: Who Needs A Partner? - 10/03/07 12:19 PM
It seems that partnerships are the way of the future. Why? I’m a loaner myself. I sure don’t want to check-in with a partner every time I make a decision. So what’s the advantage? Businesses—successful business— are run like a business even if there are no partners. There’s a structure to … (6 comments)
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hermosa beach: Mortgage Loan Rules Tighten - 09/24/07 05:40 PM
Not that long ago, outbidding on properties was common practice with “jumbo” loans—over $417,000. Homes on the market now have became abundant, the sub-prime meltdown has led to tightened lending even for credit-worthy borrowers, including shoppers in their price range who needed so-called jumbo loans.Lenders recently started to shun these larger … (4 comments)
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hermosa beach: CAN YOU BELIEVE, “St. GREENSPAN” DIDN’T KNOW? - 09/17/07 10:34 AM
Even Alan Greenspan didn’t realize the danger to the nation’s economy as a result of faulty mortgage loans. As Chairman of the Federal Reserve, wouldn’t mortgage fall under his watch? His explanation is in “Fed Speak,” as are all communications from the Federal Reserve.As I understand it, the idea behind the … (3 comments)
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hermosa beach: Chicago Considering Adopting Paris Self-Service Bike Scheme. - 09/13/07 01:44 PM
Chicago? (Kind of hard to get around in the snow with a bike. And the humidity without A.C. might be unbearable at times.) How did the South Bay (So California, USA) overlook this opportunity to put a major dent in the areas of horrendous gas consumption, and to help get the … (4 comments)
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hermosa beach: Housing Inflation? - 06/04/07 04:32 PM
Ah yes, I can remember when our home in Westwood Village cost somewhere in the neighborhood of $5,000. Just south of Wilshire Blvd, it was a beauty with a bamboo walled den and porch from this romantic feeling room overlooking a sizeable backyard. The large garage was on the back of … (4 comments)
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hermosa beach: "BELOW 500 FICO SCORE?" - 05/20/07 07:00 PM
"CALL, WE CAN HELP!""LET US BEAT YOUR BEST QUOTE!" RESIDENTIAL | APARTMENTS | LAND LOANS | MIXED USED PROPERTIES | RESIDENTIAL PROPERTY GUIDELINES • 70% LTV MAX; RATES FROM 9.50%! • PRIVATE LENDER FUNDS! • FORECLOSURE, BANKRUPTCY, JUDGEMENTS, TAX LIENS OK! • NO FICO SCORES REQURIED! • 1ST, 2ND OR 3RD … (1 comments)
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hermosa beach: Some Nice Selections - 05/17/07 05:44 PM
I’ve been sending out some of the nice selections locally to a picky market. Hard to figure. People seem to be very selective with no particular reason. Even 4-unit listings are beginning to make an appearance after it seems like a lifetime of sitting in the weeds. Buyers are simply finding … (0 comments)
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hermosa beach: The South Bay Real Estate Market? - 05/08/07 06:47 PM
How’s the South Bay Real Estate Market? Stable would probably be the best word to describe it. In Manhattan Beach, there are 6 fewer properties for sale compared to last month. The median price is $738,250 higher for Single Family Residences, and $200,000 lower for Townhome/Condos. The other So. Bay communities … (4 comments)
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hermosa beach: Senior Thoughts - 05/04/07 07:57 AM
Every once in a while one just needs to take it easy and examine ‘things of consequence’. Nothing too heavy, but worth the trip. So you think there’s nothing to do today? Amazing how many seniors get this into their heads and it becomes as permanent as any landfill. I had … (2 comments)
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hermosa beach: Subprime Reality - 04/28/07 06:22 PM
Let’s face it, a lot of people screwed up. It’s become a tremendous mess and no one wants to take the blame. There are some who can’t avoid the blame. There are others who are looking for a plate full of pitty. And of course, there’s the Govt. Watch Dogs who … (13 comments)
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hermosa beach: Subprime, a Result of Predatory Lending - 04/24/07 04:43 PM
The ad said, “Easy Financing. Low FICO scores no problem. Stated Income only.” What a deal. It doesn’t take much imagination to picture the chain of events leading to the ultimate conclusion...Foreclosure, based on Predatory Lending. There has been a landslide of financing in a spectacular unprecedented market. Everyone was willing … (3 comments)
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hermosa beach: A 2nd Home in Wine Country? - 04/22/07 01:18 PM
Yes, that wine country...Burgundy. What a wonderful idea.A client in the process of investing in the neighborhood of 2 million euros ($2,724,202, the euro/dollar exchange being the only negative) for a 2nd home in Burgundy, made the observation, “I can remember a couple of years ago in Paris, it was common … (3 comments)
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hermosa beach: Foreclosure! A Dreaded Term - 04/20/07 10:14 AM
...‘All those years ago, that torture victim kept moving his lips, trying to articulate an explanation, muttering the same words over and over. "It was a mistake," he repeated, and in the next few days I pieced together his sad and foolish tale.’ (From article c.c. “The Torture Debate” by Ariel Dorfman, … (10 comments)
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hermosa beach: Hermosa Beach Living - 04/17/07 06:53 PM
Why do I feel so close to Hermosa Beach? After all, I come from the other end of the bay — Santa Monica. There was a time when they were considered as one, at opposite ends of the same bay; before zip codes designated subtie area differences. But living in Hermosa … (2 comments)
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