The SP/Case-Shiller index shows home prices dropped in
19 of 20 cities in October, dashing hopes that the sluggish housing
market was headed for an upturn.Home prices in the nation's largest
cities fell in October for the second straight month, suggesting
that prices will head down further next year and dashing hopes that
the sluggish housing market was headed for an upturn.
Monday, January 2, 2012
New high-end realty offices opening despite real estate downturn
Boutique firms in high-end niches are continuing to open even
as the number of licensed agents statewide shrinks.Despite the
tanking of the housing market, posh new realty offices have
continued to open their doors, particularly in upper-priced Los
Angeles-area communities where agents need only a few sales a year
to make a living.
as the number of licensed agents statewide shrinks.Despite the
tanking of the housing market, posh new realty offices have
continued to open their doors, particularly in upper-priced Los
Angeles-area communities where agents need only a few sales a year
to make a living.
A classic Italian villa in Long Beach
Mature Cypresses line the driveway of a classic Italian villa
in a gated community in Long Beach. An arched entrance opens to
soaring ceilings hand-painted by artisans. Wall murals inspired by
different periods of art history, original plaster crown moldings
and floor-to-ceiling doors with arched tops continue throughout the
main living spaces.
in a gated community in Long Beach. An arched entrance opens to
soaring ceilings hand-painted by artisans. Wall murals inspired by
different periods of art history, original plaster crown moldings
and floor-to-ceiling doors with arched tops continue throughout the
main living spaces.
Bridging the great divide between home buyers and sellers
With mortgage rates below 4% and prices near bottom in many
markets, it's a good time to buy a house. But many owners won't
sell because they can't get the price they want.Where do you side
in the great real estate buy-sell divide of 2012? If you're a
homeowner considering selling sometime in the new year, are you
apprehensive that you won't get the price you need or want, and
therefore it's possible you won't even try to sell?
markets, it's a good time to buy a house. But many owners won't
sell because they can't get the price they want.Where do you side
in the great real estate buy-sell divide of 2012? If you're a
homeowner considering selling sometime in the new year, are you
apprehensive that you won't get the price you need or want, and
therefore it's possible you won't even try to sell?
Homeowners want to change association board's meeting time
How can owners get the board to change the meeting time?
Also: An association dislikes the way its management company
handles its money.Question: Our monthly homeowner association board
meetings are Wednesdays at 4 p.m., when most owners are at work.
This ensures a low turnout. Of 200 owners, maybe two can attend.
How can owners get the board to change the meeting time?
Also: An association dislikes the way its management company
handles its money.Question: Our monthly homeowner association board
meetings are Wednesdays at 4 p.m., when most owners are at work.
This ensures a low turnout. Of 200 owners, maybe two can attend.
How can owners get the board to change the meeting time?
Tori Spelling and Dean McDermott's new reality
The couple sell their Encino home, which was featured in
their reality show, 'Tori Dean: Home Sweet Hollywood,' and
buy a new home in Malibu.From all appearances, Tori Spelling and
Dean McDermott have had a hectic year, juggling multiple television
shows and real estate transactions. Most recently, they sold their
Encino home for $2.5 million.
their reality show, 'Tori Dean: Home Sweet Hollywood,' and
buy a new home in Malibu.From all appearances, Tori Spelling and
Dean McDermott have had a hectic year, juggling multiple television
shows and real estate transactions. Most recently, they sold their
Encino home for $2.5 million.
Put conditions in writing when letting tenant alter property
Taking steps such as having the tenants and landlord sign an
agreement regarding the proposed work, and getting the proper
permits for the job, can avert disputes and headaches down the
road.Question: I own a second home that I rent to a couple. They
have lived there for eight months. Recently, the wife told me they
would like to install a 220-volt electrical outlet in the garage so
that they can use a heavy-duty washer/dryer combo. I trust them,
but I still want to check whether I am required to allow them to
make this alteration and, if so, what my rights are if something
goes wrong.
agreement regarding the proposed work, and getting the proper
permits for the job, can avert disputes and headaches down the
road.Question: I own a second home that I rent to a couple. They
have lived there for eight months. Recently, the wife told me they
would like to install a 220-volt electrical outlet in the garage so
that they can use a heavy-duty washer/dryer combo. I trust them,
but I still want to check whether I am required to allow them to
make this alteration and, if so, what my rights are if something
goes wrong.
Bridging the great divide between home buyers and sellers
With mortgage rates below 4% and prices near bottom in many
markets, it's a good time to buy a house. But many owners won't
sell because they can't get the price they want.Where do you side
in the great real estate buy-sell divide of 2012? If you're a
homeowner considering selling sometime in the new year, are you
apprehensive that you won't get the price you need or want, and
therefore it's possible you won't even try to sell?
markets, it's a good time to buy a house. But many owners won't
sell because they can't get the price they want.Where do you side
in the great real estate buy-sell divide of 2012? If you're a
homeowner considering selling sometime in the new year, are you
apprehensive that you won't get the price you need or want, and
therefore it's possible you won't even try to sell?
Homeowners want to change association board's meeting time
How can owners get the board to change the meeting time?
Also: An association dislikes the way its management company
handles its money.Question: Our monthly homeowner association board
meetings are Wednesdays at 4 p.m., when most owners are at work.
This ensures a low turnout. Of 200 owners, maybe two can attend.
How can owners get the board to change the meeting time?
Also: An association dislikes the way its management company
handles its money.Question: Our monthly homeowner association board
meetings are Wednesdays at 4 p.m., when most owners are at work.
This ensures a low turnout. Of 200 owners, maybe two can attend.
How can owners get the board to change the meeting time?
Payroll tax cut may hurt housing market
To pay for the two-month payroll tax cut, a small fee will be
levied for a decade on all mortgages sold to Fannie Mae and Freddie
Mac. That also makes it harder to overhaul the housing finance
system.The new mortgage fee to fund the temporary extension of the
payroll tax cut could damp the still-sluggish real estate market
and complicate efforts to overhaul the nation's wounded housing
finance system.
levied for a decade on all mortgages sold to Fannie Mae and Freddie
Mac. That also makes it harder to overhaul the housing finance
system.The new mortgage fee to fund the temporary extension of the
payroll tax cut could damp the still-sluggish real estate market
and complicate efforts to overhaul the nation's wounded housing
finance system.
Put conditions in writing when letting tenant alter property
Taking steps such as having the tenants and landlord sign an
agreement regarding the proposed work, and getting the proper
permits for the job, can avert disputes and headaches down the
road.Question: I own a second home that I rent to a couple. They
have lived there for eight months. Recently, the wife told me they
would like to install a 220-volt electrical outlet in the garage so
that they can use a heavy-duty washer/dryer combo. I trust them,
but I still want to check whether I am required to allow them to
make this alteration and, if so, what my rights are if something
goes wrong.
agreement regarding the proposed work, and getting the proper
permits for the job, can avert disputes and headaches down the
road.Question: I own a second home that I rent to a couple. They
have lived there for eight months. Recently, the wife told me they
would like to install a 220-volt electrical outlet in the garage so
that they can use a heavy-duty washer/dryer combo. I trust them,
but I still want to check whether I am required to allow them to
make this alteration and, if so, what my rights are if something
goes wrong.
Pomona hills home retains touches of elegance
A Mediterranean Revival estate in Pomona's Ganesha Hills
built in 1930 for Cora Armour, a prominent local resident, retains
the trappings of an earlier elegance. Among custom details are high
gable ceilings with original painted panels in the dining room, an
apse that takes in the views of the valley and a motorized vehicle
turntable in the oversized garage.
built in 1930 for Cora Armour, a prominent local resident, retains
the trappings of an earlier elegance. Among custom details are high
gable ceilings with original painted panels in the dining room, an
apse that takes in the views of the valley and a motorized vehicle
turntable in the oversized garage.
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