Burbank Real Estate Blog

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Real Estate Agent - G & C Properties - 01802303
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RECENT BLOG POSTS
Well, we had quite a volatile day as the Dow closed below the psychological 13,000 mark. Dow was down 218 points and closed at 12958. Items of note: Goldman Sachs downgraded Citigroup to a sell. Lowe’s lost 7.6% today on weak earnings.The National Association of Home Builders/Wells Fargo Index ca...
11/19/2007
 This chart includes housing data for each respective zip code listed for the October 2007 period and percent change from October 2006 levels. As you can see from the table below, housing prices for the month have varied by area, but it’s interesting to note that the higher end of the market has ...
11/18/2007
Monday 19 Housing Market Index-Produced by the National Association of Home Builders. This is a survey which is filled out by the members of this organization and it gives their opinion of the general state of the housing market and the economy. 3 Month & 6 Month Bill Auction Tuesday 20 Housing S...
11/18/2007
This week saw volatile trading sessions , concerns over rising fuel costs and the now usual credit rumors. Items of note: Pending Home Sales for September increased 0.2 percent higher to 85.7. But a look at the year over year data – down 20.4 percent — tells a more meaningful story. Still the dat...
11/16/2007
  Monday 12 US Holiday…..Veteran’s Day! Pending Home Sales Index Tuesday 13 ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending. Redbook a timely indicato...
11/10/2007
Very volatile week with lots of interesting news. The Dow plunged 224 points after a volatile session, the S&P was down 21.07 or 1.4% and Nasdaq was down 68.06 or 2.5%. Financial stocks are under pressure again, and they are bringing down most stocks. Today both Wachovia and Fannie Mae released a...
11/09/2007
A wave of negative news hit today....... Washington Mutual was hit by continued allegations of fraudulent appraisals. Additionally, analyst reports came out that questioned the viability of Citibank and others and indicated that banks would write down $100B in portfolio losses this year. Needless...
11/07/2007
This is the second post in a series looking at the cyclic nature of real estate. This is a somewhat simplistic look into a very complicated subject and is intended to provide some context for the current and future real estate cycles. Please keep in mind that the national statistics that I will s...
11/06/2007
Burbank Mayor Marsha Ramos gave a positive report on the state of Burbank.    In her annual State of the City address she emphasized how "robust"  Burbank's economic outlook is along with with the City Council's committment to maintain a community with positive opportunities for it's residents.Un...
11/04/2007
Monday 5 ISM Non Manufacturing Survey Consensus 54 This survey consists of almost 400 firms across 60 different sectors. Analysts like to keep an eye on the business activity index of this survey as it gives an indication of economic health. 3 & 6 Month Bill Auction Tuesday 6 ICSC-USB Store Sales...
11/04/2007
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Ana Connell

Burbank Real Estate Agent
local_phone818.588.6563
smartphone818.795.8474
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Housing and economic information and statistics for Burbank, North Hollywood, Hollywood Hills, Studio City , Valley Village, Toluca Lake and surrounding areas of the San Fernando Valley.