ARCHIVED BLOG POSTS
2011
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California default notices spiked 55% in August, and the number may keep rising in the coming months as mortgage servicers shake off the robo-signing freeze, according toRealtyTrac Senior Vice President Rick Sharga. In August, servicers filed 28,961 default notices in California, the first stage ...
09/21/2011
California home sales and median prices should improve only slightly in 2012, as the the tepid economic recovery, uncertainty and tight lending keep the lid on greater momentum for housing. The California Association of Realtors forecasts the state's home sales will grow about 1% next year to 496...
09/21/2011
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Every American upset with the state of mortgage lending should read the Fox Business News article on strategic default in order to meet the "New Face of Foreclosure." Strategic defaulters are underwater borrowers who intend to remedy their "upside-down situation" by simply walking away from their...
09/21/2011
California home sales posted an increase from both the previous month and previous year, while the median home price rose to its highest level this year, according to data from the California Association of Realtors. Closed escrow sales of existing, single-family homes rose to a seasonally adjust...
09/16/2011
Notice of default filings jumped nearly 70% in California from the previous month, led by renewed activity from Bank of America , according to the data provider ForeclosureRadar. Foreclosure starts increased in five West Coast states from the previous month: California, Arizona, Washington, Orego...
09/14/2011
Chef Chris Bocchino, formerly chef/owner of Terra Restaurant, is partnering with Dolores Rivellino, owner of The Godmother of Malibu Cafe, to add Sunday brunch and dinner to The Godmother, located at the Malibu Racquet Club. Previously, The Godmother had been open only for lunch. Bocchino's ventu...
09/14/2011
Rising sea levels over the next century could be an economic disaster for Malibu, according to a state-commissioned study by San Francisco State University economists. The report, which was released Tuesday, includes information on Broad and Zuma beaches in Malibu as well as beaches in San Franci...
09/14/2011
Active Pending MTD/Sold YTD/Sold Homes 321 42 18 108 MMH 21 4 3 21 Condos 44 ...
09/12/2011
A reading of the names of the 2,977 people who died in the terrorist attacks and other events will take place at the Malibu university on Sunday. Pepperdine University in Malibu will host a Remembrance for the victims of the Sept. 11 terrorist attacks on Sunday that promises to be powerful and me...
09/07/2011
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International homebuyers — those with permanent residences outside the U.S., recent immigrants and temporary visa holders — are snapping up homes and condos in the U.S. According to the National Association of Realtors (NAR), they increased their purchase of U.S. residential property from $66 bil...
09/07/2011
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Bobby LehmKuhl
Exceeding Every Clients Expectations. Every Time.