A recent tentative ruling by a court commissioner in Donald Trump's $100 million lawsuit against the City of Rancho Palos Verdes that came almost exactly a year after Mr. Trump originally filed the case, will dismiss several of the defencents in the lawsuit including the geologists that were incl
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12/26/2009
I hope everyone had a wonderful Christmas filled with joy, family, and holiday cheer. My Christmas was a quiet family affair with just my husband and I and our three grown boys. I cooked our family my traditional breakfast quiche, and my husband blended his family's traditional ramos fizz drinks
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12/25/2009
Interest rates for long term mortgages have nudged up a bit the last week or so as the yield on the 10 year Treasury bond has jumped up about a half of a point due to week investor demand. After a November dip, rates have again returned to late-October levels. The bounce higher in rates over the
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12/25/2009
Join the docents from the Point Vicente Interpretive Center for a monthly hike at Abalone Cove Shoreline Park, 5970 Palos Verdes Drive South in Rancho Palos Verdes at 11:00 am this Sunday December 27th. Tour the tidepools teeming with fascinating marine life. Photo By: Tom Grubbe This is a modera
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12/24/2009
Los Angeles area home prices are projected to rise 5 percent by next October, according to a report issued by First American CoreLogic, a Santa Ana based real estate research firm. The Santa Ana firm , however, did cite the fact that about 1.7 million homes nationally are on the verge of foreclo
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12/23/2009
The Median Home Prices for the South Bay Beach Cities of El Segundo, Redondo Beach, Playa del Rey, Hermosa Beach and Manhattan Beach, and the Palos Verdes Peninsula both fell approox. 15.8% from a year ago in November. A large factor in this drop in median prie ( where half the homes sold in No
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12/23/2009
Many people do not understand the hidden major taxes that many heirs may have to pay starting next year when the estate tax is scheduled to disappear., although it is set to return the following year at the high tax rate and low estate tax exemption that existed prior to 2001. Back in 2001, Congr
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12/19/2009
More good news for the local real estate markets continues to flow, as the median price paid for a Southern California home increased 1.8% in November from October to $285,000, according to MDA DataQuick, a San Diego real estate research firm. It is the 7th consecutive month in which prices have
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12/16/2009
If you borrow money from a commercial lender and the lender later cancels or forgives the debt, you may have to include the cancelled amount in income for tax purposes, depending on the circumstances. When you borrowed the money you were not required to include the loan proceeds in income because
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12/14/2009
Santa Claus is coming to Rancho Palos Verdes (weather permitting) between 5:30 to 9 p.m. from Dec. 15-20. This special visit is sponsored by and coordinated through the efforts of the personnel at the Lomita Sheriff Station. Children of all ages are invited to greet Santa and get a candy cane. A
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12/14/2009
