Bixby Knolls, a charming northern Long Beach, California neighborhood, has long been a hidden gem in the city's landscape. This vibrant community draws its name from the influential Bixby family, whose legacy has left an indelible mark on the area. With roots tracing back to a Spanish land grant, Bixby Knolls carries a deep cultural significance that enriches its identity. As you walk along its tree-lined streets adorned with beautiful landscaping, you'll quickly realize that every stroll through Bixby Knolls is a picturesque experience like no other. Let's explore more of the homes for sale in Bixby Knolls, CA!Vintage EleganceOne of the distinctive features that set Bixby Knolls apart is its collection of spacious single-family homes. Most of these homes are custom-built treasures dati... 12/20/2023

Long Beach, Ca.  Finally, Dave Avery, an honest real estate economist and head of the Los Angeles Economic Development Commission,  discusses the State of Southern California Real Estate.  Mr. Avery, recently gave an address on the way things are moving at the Income Property Lending Conference  in Long Beach, California.  In regard to the housing market, Mr. Avery was the first economist that I have ever heard talking about a housing "Depression." This was refreshing since no other economist, to my knowledge, in a public forum has had the guts and fortitude to call a spade a spade, address the problem, offer some solutions, and get on with it.  Mr. Avery detailed the current housing situation, and addressed the question, "How much further will prices fall?"  Between 15-20% more was his... 05/23/2008

In general the mortgage industry uses electronic underwriting systems that predict multiple risk factors in a loan application. I would say approximatley 98% of mortgage companies use some form of automated underwriting with about 60% using either Fannie Mae`s desktop underwriter or Freddie Mac`s loan prospector. Fannie Mae offers its lenders electronic loan processing with its desktop underwrtier system. Individual users recieve an analysis of the borrower`s credit , and estimate of the property`s value along with an opinion of the risk involved. This information is prepared from the data submitted on the loan application and is available in a matter of minutes. there is no 24-72 hour turnaround time required as is standard with human underwriters. The use of a common underwriting stan... 11/23/2006