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Industry and Economic News
Southern California home sales rise

Wednesday, July 14, 2010

The Southland’s housing recovery held its ground in June as home sales rose, fueled by government tax incentives, but the median home price dropped a notch from May. The median price for all new and resale single-family homes, condominiums and town homes was $300,000 in June, according to research firm MDA DataQuick of San Diego. [...]
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Livable Modern Art in Brentwood

Tuesday, June 29, 2010

A critically acclaimed contemporary home designed by Eric Owen Moss has come on the market for the first time in Brentwood. Featured in books, magazines and television shows, the Lawson/Westen House is a geometric amalgamation of concrete, steel, glass and wood highlighted by a three-story truncated cone that rises over the kitchen. Continue Reading the [...]
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L.A. Times article: How low can they go? 15-year fixed rates set new record

Thursday, May 27, 2010

How low can they go? 15-year fixed rates set new record May 27, 2010 |  9:56 am Anyone out there still have the old-fashioned notion to retire their mortgage sooner rather than later? Homeowners able to refinance were finding lenders offering 15-year fixed-rate mortgages at an average of 4.21% this week, according to Freddie Mac — [...]
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L.A. Times article: Lenders likely to order second, last-minute credit report before closing on a mortgage

Wednesday, May 19, 2010

Lenders likely to order second, last-minute credit report before closing on a mortgage Changes taking effect June 1 are part of Fannie Mae’s ‘loan quality initiative’ to cut down on slipshod underwriting and fraud by borrowers. By Kenneth R. HarneyMay 16, 2010 Reporting from Washington If you’re thinking about applying for a home mortgage this [...]
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Teles Properties Presents: Eric Hass — Negotiating Powerhouse

Friday, May 14, 2010

Press Release May 2010 Beverly Hills, CA Teles Properties Presents Eric Hass—Negotiating Powerhouse Eric Hass brings a lifetime of real estate experience to every transaction. In fact, with Realtors as parents, Eric absorbed the language and skills of the profession long before he thought of pursuing it himself. A California native raised in the San [...]
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L.A. Times article: Home prices rise in three California cities

Thursday, April 29, 2010

The Standard & Poor’s/Case-Shiller index of 20 metropolitan areas falls 0.1% overall for February. But San Diego, San Francisco and Los Angeles post gains. By Alejandro Lazo, Los Angeles Times April 28, 2010 A trio of California cities bucked a nationwide home price decline in February while most of the other metro areas posted losses [...]
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Gallup Poll: Most Americans See Home Prices Stable or Rising

Thursday, April 29, 2010

April 15, 2010 Most Americans See Home Prices Stable or Rising Seventy-two percent think now is a good time to buy a house by Dennis Jacobe, Chief Economist PRINCETON, NJ — Lower but stabilizing home prices combined with continued low mortgage interest rates have persuaded 72% of Americans that now is a “good time” to [...]
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L.A. Times article: Hot Property: Moby buys Wolf’s Lair

Tuesday, April 20, 2010

The DJ plunks down nearly $4 million for the Hollywood Hills fortress. Moby, as DJ and singer-songwriter Richard Melville Hall is known, has purchased Wolf’s Lair, a Hollywood Hills castle-like fortress with views of downtown, Griffith Park, the Hollywood sign and the ocean, for $3.925 million. The sellers are Lionsgate Entertainment’s Jay Faires and Debbie [...]
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L.A. Times: Home of the Week

Monday, April 19, 2010

Laguna Beach house seamlessly blends art, architecture The contemporary home in the private community of Irvine Cove has five bedrooms, 6 1/2 bathrooms and panoramic ocean views. By Scott Marshutz April 18, 2010 Art and architecture blend seamlessly in this contemporary Laguna Beach home in the private community of Irvine Cove. A heavily detailed three-quarter-inch [...]
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L.A. Times article: Sinbad lists his Hidden Hills home at $ 3 million

Friday, April 9, 2010

HOT PROPERTY February 01, 2010|By Lauren Beale Stand-up comic and actor Sinbad has listed his longtime family home in gated Hidden Hills at $3 million. A long private driveway leads to the five-bedroom, five-bathroom country estate, which sits on a hilltop amid mature trees on 2.5 acres. There are fireplaces in the formal dining room [...]
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Property Photo 16461 S. Pacific Avenue

Rare Opportunity, one of the few homes on 59 ft. wide beach front lot. 180 degree views of the sand, sea, Catalina Island & Belmont Shores. Amazing garden area for outdoor entertaining that is approximately 20 ft. wide by 70 ft. deep & is open to the beach. Approximately 3,200 square feet w/ 3 br, 1 full bath, 2-3/4 bathrooms, a powder room & 2 outdoor showers w/ 1/4 bathroom. Living...
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