Saturday, 29 October 2011
Sunday, 23 October 2011
Here are 5 cool things to do with leftover pumpkin carving scraps:
1) Roast the Seeds.
2) Kid’s Toys.
3) Bird Food or Compost.
Friday, 21 October 2011
A wonderful community event for Downtown L.A. families!
Photos from our 2010 event.
Monday, 17 October 2011
Homes aren't one-size-fits-all. Learn about 24 popular architectural styles, including their unique features and maintenance issues. Plus, check out classic examples and current listings for each style. We'll help you find the style that's right for you by clicking here: http://bit.ly/pPy7Uw
Wednesday, 12 October 2011
It's hotter than all get out!...however, our solidly built 100 year old Craftsman house feels almost like it's air conditioned! Welcome to West Adams! At the top of the 10 freeway, catching the breezes--when there are any....Hooray for historic houses!
Tuesday, 11 October 2011
by THE KCM CREW on OCTOBER 11, 2011 · 0 COMMENTS
In a normal real estate market, it may make sense to wait for the spring buyers’ to appear before placing your house up for sale. The current real estate market is anything but normal however. The increase in supply of distressed properties will overshadow any increase in demand for housing over the next 6 months. This is reflected in the findings of two groups: Clear Capital andJPMorgan Chase.
Dr. Alex Villacorta, Director of Research and Analytics atClear Capital explained last week:
“The housing market has yet to demonstrate the fundamentals necessary to overcome a seasonal slowdown over the next six months, which drives our projected 3.2 percent drop in national home prices through the first quarter of 2012.”
HousingWire quotes analysts at JPMorgan Chase:
“Home prices could dip another 6% to 7%, before hitting rock bottom in early 2012.”
If you are thinking of selling, it would be wise to put your house on the market before prices fall again.
Friday, 7 October 2011
1012 Hillcrest- Bev Hills…. $5,995,000- 6000 sq ft mid century estate
1088 Hillcrest- Bev Hills…. $2,995,000- 4 bed 6 bath in Trousdale
1559 Clubview- Westwood- $1,595,000 …3 bed 4 bath nice area 2 story Trad.
10122 Empyrean Way # 104- $895,000- Westwood- LE PARC- 2 bd 2 bath- 2000 sq ft
891 Chattanooga- Pac Pal- $899,000 …. Nice house 3 bedroom 2 bath
838 Doheny- Starting in the low $400,000--- West Holly- building has lrg assessment- could be good deals!
9015 Keith- We Ho- $599,000- Craftsman fixer- 2 bedroom house plus guest house
823 Hauser- LA- $899,000- Mir Mile area- 3 bd 2 bath- done!!!!
740 Kings Rd- We Ho- $235,000- 1 bd 1 ba condo- short sale approved
452 Westmore- LA $395,000- Echo Park- totally done- 3 bedroom, 2 bath Spanish- investor owned
69000 Bellingham- No Ho- $264,900- FIXER 4 bedroom 2 bath
5735 Beck- No Ho- $389,000- Cute 1940’s- 3 bd 2 ba
13331 Moorpark #331- Sherm Oaks- $249,000- Sherman Village- 2 bd plus loft- 1600 sq ft
8209 Allott- Van Nuys- $329,000- restored 1957 – 3 bedroom, 2 bath
9800 Vesper #139- Panor City- $149,000- townhouse 3 bed 2 bath- garage
256-258 Grace- So Pas - $899,000- totally charming duplex
1023 Oxford- La Canada- $1,495,000- 3000 sq ft- 4 bd on 1 acre
Thirty-Year Mortgage Rate Falls Below 4%
The average rate for the conventional 30-year fixed mortgage has dropped below the 4 percent mark for the first time in history, according to numbers released Thursday by Freddie Mac.
The GSE’s market analysis also shows that the 15-year fixed rate – which has become a popular refinancing option among existing homeowners – fell to its lowest level on record for the sixth consecutive week.
Freddie Mac’s regular weekly survey of mortgage rates is based on data collected from about 125 lenders across the country.
The GSE puts the average rate for a 30-year fixed mortgage at 3.94 percent (0.8 point) for the week ending October 6, 2011. That’s down 7 basis points from its average of 4.01 percent last week. As a point of comparison, last year at this time, the 30-year rate was 4.27 percent.
The 15-year fixed-rate mortgage came in at 3.26 percent (0.8 point) this week, dropping 2 basis points from 3.28 percent last week. A year ago at this time, the 15-year rate was averaging 3.72 percent.
Frank Nothaft, Freddie Mac’s chief economist, attributed the decline in fixed mortgage rates to a sharp drop in 10-year Treasuries earlier in the week as concerns over a global recession grew.
Adjustable-rate mortgages (ARMs) were mixed this week in Freddie’s study. The 5-year ARM dropped from 3.02 percent to 2.96 percent (0.6 point), while the 1-year ARMrose from 2.83 percent to 2.95 percent (0.5 point).
At this time last year, the 5-year ARM was averaging 3.47 percent, and the 1-year ARM was 3.40 percent.
Nothaft tied the rise for 1-year ARMs to shorter-term Treasuries, noting that the Federal Reserve began replacing $400 billion in short-term Treasury securities with longer-term bonds this week.