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Economic Update - Last Week in the News
Bobby Lehmkuhl (4 Malibu Real Estate Partners)
New home sales fell 2. 2% in December to a seasonally adjusted annual rate of 307, 000 units from a revised rate of 314, 000 units in November. Compared to a year ago, new home sales are down 7. 3%. On a year over year basis, pending home sales are up 5…
Investors push Southern California home sales higher
Bobby Lehmkuhl (4 Malibu Real Estate Partners)
Dataquick stated that investors have pushed home sales in Southern California apx. 14% higher in December than November. The real estate research firm also reported that there were a total of 19, 247 resale, new homes and condos sold in Southern…
Malibu & Topanga Sunday Open Houses - January 15th from 1-4p
Bobby Lehmkuhl (4 Malibu Real Estate Partners)
Are you looking for Malibu or Topanga Real Estate? View the list below for this Sunday's Malibu & Topanga open house list below. Open houses are Sundays from 1 - 4p. View all Malibu properties currently on the market at our Malibu Real Estate…
Fannie Mae sees 2012 home sales up 3.5% to 4.74 million
Bobby Lehmkuhl (4 Malibu Real Estate Partners)
According to Fannie Mae economists, the housing sector is expectd to take steps forward in 2012, though total originatons will fall on fewer refinances. They also say that the second half of the year should outpace the first 6 months, with…
Malibu Notary Services - Mobile Notary Servies - Certified Signing Agent Services
Bobby Lehmkuhl (4 Malibu Real Estate Partners)
4 Malibu Notary Services Danielle Dutcher | Commission #1873145 23805 Stuart Ranch Rd., Ste 150 & 22967 Pacific Coast Highway Malibu, CA 90265 O 310. 456. 3655 | F 310. 218. 2117 |…
New Listing - Big Rock Beachfront Duplex on apx 60' of frontage - $2,495,000
Bobby Lehmkuhl (4 Malibu Real Estate Partners)
MLS #12-574001 20152 Pacific Coast Highway, Malibu, Ca 90265 For Sale - $2, 495, 000 Awesome ocean front duplex on 60' of Big Rock Beach. Both units have been extensively remodeled and are in move-in condition. The upper unit is 2 bedrooms and…
FHA Waives Anti-Flipping Rule Through Year-End to Speed REO Sales
Bobby Lehmkuhl (4 Malibu Real Estate Partners)
The temporary property anti-flipping rule waiver has been extended through the end of 2012, by the Federal Housing Administration (FHA). The FHA rules prohibited insuring a mortgage on a home that the seller owned for less than ninety days. However,…
Buying A Home? You Need A Home Inspection
Bobby Lehmkuhl (4 Malibu Real Estate Partners)
You've heard it before. Someone you know bought a house without a home inspection and got a big surprise. Over 40 percent of the previously owned homes on the market have at least one serious defect. Don't take over someone's problem. Most "used"…
Malibu Sunday Open House List - Jan. 8 from 1-4p
Bobby Lehmkuhl (4 Malibu Real Estate Partners)
OPEN HOUSE INFORMATION: Residential Single Family Sunday - January 08, 2012 Time: 1 - 4 PM Nelson Shelton & Associates Mary Mehrnaz Tahbaz DRE:# 01063408 310-395-4352 MLS Number: 11-545467..
New Malibu Realtors Board Installed
Bobby Lehmkuhl (4 Malibu Real Estate Partners)
The Malibu Association of REALTORS hosted an evening at Duke's Malibu last month to install its 2012 Board of Directors and acknowledge the accomplishments of members over the past year. 2011 President Dan Ross was awarded "Realtor of the Year" for…
Pending Home Sales Hit 19 Month High
Bobby Lehmkuhl (4 Malibu Real Estate Partners)
The best reading on pending homes sales since a federal home buying tax credit expired appeared to encourage traders on Wall Street. In November, t he number of Americans who signed contracts to buy homes rose to the highest level in a year and a…
10 Tips for Saving Energy in the Kitchen
Bobby Lehmkuhl (4 Malibu Real Estate Partners)
Refrigerator/freezer Energy-efficiency experts tell us to focus our efforts on the biggest energy hogs in the house, and that definitely includes the fridge. Because it cycles on and off all day, every day, the refrigerator consumes more…
Mortgage rates finish year near historic lows
Bobby Lehmkuhl (4 Malibu Real Estate Partners)
The nation's average mortgage interest rates are finishing 2011 near all-time historic lows, helping to keep homebuyer affordability high. The Freddie Mac mortgage market survey showed the 30-year, fixed-rate mortgage averaged 3. 95% for the week…
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