In a weekly survey of 20 Los Angeles and Orange County lenders, conducted by HSH Associates for the week ended 5/27/09, the average interest rate for conforming loans of less than $417,000 increased about two-tenths of a percentage point to 5.13% ( +.35 points), up from 4.93% (+.30 points) the pr
...
05/31/2009
The Federal Department of Housing and Urban Development has indicated that the Federal Housing Administration will allow homebuyers utilizing FHA insured loans to obtain short term bridge loans in the amount of their expected Federal Tax Credit of up to $8,000 for first time home buyers. These lo
...
05/30/2009
At the Tuesday meeting of the Rancho Palos Verdes Planning Commission, Marymount College made a surprise decision to remove its contentious plans for 2 new dorms from their proposed expansion plans. The rremaining plans include a new athletic center, a new library, as well as other facilities th
...
05/28/2009
Tuesday night, the Rancho Palos Verdes City Council, on a 4 to 0 vote approved a plan to loan back up to $8 million in hotel tax fees due to the City over the next 27 months, to be repaid to the City with interest by the end of 2013, with the possibliity of an extension. The developer of the res
...
05/27/2009
The History of the South Bay of Los Angeles is fascinating, and includes one of the longest running family feuds in Los Angeles County history.; the Sepulveda Family versus the Dominquez Family. The land which includes the entire Palos Verdes Peninsula, San Pedro, and parts of Wilmington was part
...
05/25/2009
Something that I really worry about is what will happen to interest rates once the Federal Reserve stops buying mortgage backed securities and Treasury Bills. These Federal Reserve purchases are the main thing keeeping interest rates on conventional mortgages so low, but the Federal Reserve can n
...
05/25/2009
This Memorial Day, we need to all take a moment and call our fathers, many of which served in World War II, the Korean War, and even possilby the Vietnam War (for the younger realtors out there ), and thank them for their sacrifice and service to our country. My father is a retired Captain in the
...
05/25/2009
This Memorial Day, we need to all take a moment and call our fathers, many of which served in World War II, the Korean War, and even possilby the Vietnam War (for the younger realtors out there ), and thank them for their sacrifice and service to our country. My father is a retired Captain in the
...
05/24/2009
My husband Bruce and I are making some great headway towards building support for the construction of a dog park somewhere on the Palos Verdes Peninsula. We are currently promoting the idea of the construction of a dog park on the former Palos Verdes Landfill site. Ownership of this site convert
...
05/23/2009
My husband Bruce is providing this look back at Abalone Diving off of the Palos Verdes coast. The most obvious landmark that harkens back to the 60''s and '70's when scuba diving really took off is Abalone Cove located along Palos Verdes Drive South in Rancho Palos Verdes. Abalone Cove My husba
...
05/23/2009
