ARCHIVED BLOG POSTS
2010
Consumer confidence slipped this month as more people worried that the job market is worsening.The latest survey from Conference Board showed a decline even after people increased their holiday spending at the biggest rate in four years.The private research group said Tuesday its Consumer Confide...
12/31/2010
California home sales rose in November compared with October, but were down from the previous year, according to data from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). The statewide median price declined from both the previous month and previous year. The median price of an existing, single...
12/31/2010
The Conference Board Consumer Confidence Index®, which had improved in November, decreased slightly in December. The Index now stands at 52.5 (1985=100), down from 54.3 in November. The Present Situation Index declined to 23.5 from 25.4. The Expectations Index decreased to 71.9 from 73.6 last mon...
12/30/2010
Sales of newly built, single-family homes increased 5.5 percent to a seasonally adjusted annual rate of 290,000 units in November, according to newly released figures from the U.S. Commerce Department. The gain represents a partial bounce-back from a near-record low, downwardly revised number of ...
12/30/2010
Large banks and thrifts foreclosed on 382,000 homes in the third quarter, a 31.2% spike from the previous quarter, according to the Office of the Comptroller of the Currency. Foreclosures increased 3.7% from a year ago, and more are coming. There are 1.2 million homes in the foreclosure process a...
12/30/2010
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Malibu Market Update (as of December 28, 2010) Active Pending MTD YTD Single Family 271 10 11 161 Condos/Townhomes 42 6 5 52 Land 228 4 6 38 Leases 273 2 17 437 Manufactured/Mobile Homes 25 1 1 19 Income 7 - - -
12/28/2010
The housing market has remained at the center of the nation's economic troubles throughout 2010. The housing market started the year flat on its back, and it's ending the year in nearly the same condition. Home sales are still depressed, home-building remains near a 50-year low, and home prices a...
12/28/2010
Malibu Real Estate Partners offers a full service leasing department to help owners to achieve the highest results in receiving the full benefit of owning an investment property whether it be for an annual lease or a vacation rental. Our mutual success depends on a high level of customer satisfac...
12/27/2010
Looking for distressed properties in Malibu? Beach, Canyon, Bluff properties available. Distressed properties on the market today at: •- Sea Level •- Broad Beach •- Pacific Coast Highway •- Point Dume Contact 4 Malibu Real Estate Partners for additional informa...
12/27/2010
Reverse mortgages essentially release the equity in a property as cash that can be used for expenses like health care or home renovations, while at the same time paying off whatever remains on the mortgage. The loans leave homeowners with no monthly mortgage payments; they become due, with intere...
12/23/2010
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