Welcome to the Beverly Hills Real Estate blog.
It's your Thursday Beverly Hills Real Estate blog post. Today the heat continues to rise. Look for mid 80's downtown and up to the 100's out in the valleys. Try to stay cool... We're going north to Paso Robles for the 4th holiday... warm up ther too,
Speaking of hot... How about the new center the Glendale Galleria? On this side of the hill we have The Grove which was built by the same developer. The absolute best of the best shopping center ever... That's how we feel about it. Today's Times Home Sections front page is devouted to the new center. It looks great. Give it a read.
Question: Have you been to either mall and if so...What's your take on them?
Here are a couple of headlines from CAR:
SALES OF NEW HOMES DECLINE 2.5 PERCENT IN MAY
Sales of new, single-family homes across the country in May declined 2.5 percent to 512,000 units, compared to 525,000 units sold in April, according to new data from the U.S. Census Bureau and the Dept. of Housing and Urban Development. HOMEOWNERS TURNING TO ENERGY UPGRADES TO OFFSET HIGHER FOOD, GAS PRICES
In an effort to offset the rising costs of gas, food, and other consumer goods, homeowners are turning to remodeling firms to help improve the energy efficiency of their homes, according to the results of the National Association of Home Builders' (NAHB) quarterly Remodeling Market Index (RMI) survey. Replacing older air conditioners, installing new insulation and high-efficiency water-saving devices are among the top requested upgrades, the survey shows.
"It's no surprise with rising energy prices and other costs draining the piggy bank that homeowners want to maximize home performance with green remodeling options," said NAHB Remodelers Chairman Lonny Rutherford.
So that's it from our front... The market continues to skid but will be back (stock market). The local housing market remains pretty good... just better prices for buyers and less $ for sellers.
As always if you need us: www.patandmelody.com and check out our individual sites:
www.melodyrogers.tv and www.paraquatkelley.com Thanks!
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