ARCHIVED BLOG POSTS
2011
Bank-Owned / REOs Coming Soon to Market & Currently For Sale Address Beds/Baths Sq. Ft. Lot Size Price Status 26322 Fairside Rd., Malibu, CA 90265 2B/2B 1,648 8,255 $584,990 Active 21500 Califa St., #89, Woodland Hills, CA 91367 2B/2B +Den 1,190 N/A $264,900 Pending 190 N. Wendy Dr.,...
07/28/2011
Price Reduction - Bank-Owned/REO - CSO 3.5% 26322 Fairside Rd., Malibu, CA 90265 MLS #11-539001 2B/2B $584,990 Bank-owned. Open floor-plan. Hardwood floors throughout. Living room with fireplace. Kitchen with stainless steel appliances Slidng doors lead to mountain view deck. Attached 2-car gar...
07/27/2011
Stabilizing nondistressed home prices, a declining shadow inventory and stronger foreclosure auctions should lead to lower distressed sales and less downward pressure on prices, according to CoreLogic. The report notes that while mortgage performance is improving, it is not improving nearly as mu...
07/26/2011
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- Commerical office space available in Malibu's Miramar Building. - Located next to City Hall. - Walking distance to Cross Creek Plaza. - Approximately 800 sq. ft. of space. - Two separated rooms, approximately 400 sq. ft. each. - Can lease both spaces or just one. - Plenty of parking available. ...
07/25/2011
The combined construction of new single-family homes and apartments in June rose 14.6% to a seasonally adjusted annual rate of 629,000 units. Single-family starts increased 9.4%. Multifamily starts rose 30.4%. Applications for new building permits, seen as an indicator of future activity, rose 2....
07/25/2011
Although the drop in default rates shows promise, the amount of shadow inventory still creates a dark loom over the future of housing prices, according to latest results from Standard & Poor's U.S. Residential Performance Index. The shadow inventory of unresolved distressed properties is currentl...
07/25/2011
Stop by our open house this Saturday and Sunday from 1-4pm to see this bank-owned/REO in Warner Center. Great opportunity and great price. OPEN HOUSE - Saturday 7/23 & Sunady 7/24 from 1-4p. 21500 Califa St. #89, Woodland Hills, CA 91367 2B/2B + Den $264,900 This bank-owned first floor, corner un...
07/22/2011
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Open House - Sunday - 7/24 from 1-4p 26322 Fairside Rd., Malibu, CA 90265 2B/2B $599,900 Bank-owned. Open floor-plan. Hardwood floors throughout. Living room with fireplace. Kitchen with stainless steel appliances Slidng doors lead to mountain view deck. Attached 2-car garage. Inside laundry room...
07/22/2011
The drop in the homeownership rate from an all-time high of 69.2 percent in 2004 to 66.4 percent in the first quarter of 2011 reflects a decline from unsustainable levels to something closer to historical averages, according to a study released by the Mortgage Bankers Association's Research Insti...
07/21/2011
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds Gov. Jerry Brown on signing SB 458 (Corbett) into law. SB 458 extends the protections of SB 931 (2010), to ensure that any lender that agrees to a short sale must accept the agreed upon short sale payment as payment in full of the outst...
07/20/2011