Burbank, CA Real Estate News

By Ana Connell, Burbank Real Estate Agent
(G & C Properties)
Burbank single family home values are seeing an uptrend according to the latest data.  (see chart below)   Average selling price has rebounded to$562,068,  up 14% from December 2011 prices.  Days on market were down from 89 to 84 days in the same period. Overall the sweet spot right now continues to be in the $425-$525,000 range where most of the buyers seem to be concentrated. Inventory is increasing somewhat, which is normal for this time of year, but overall levels are low. Next week we will have a host of numbers out, including Housing Starts, Existing Home Sales, Producer Price Index and Consumer Price Index. Burbank: Sales September 2011 - January 2012   Month Sale Price, Average Days to Sell, Average Sep 2011 $491,122 87 Oct 2011 $493,486 102 Nov 2011 $462,118 77 Dec 2011 $492,40...
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By Lupe Soto-Realtor, Listing, Selling Burbank Palmdale & more
(Realty Connection Group)
BURBANK condo for sale in Burbank CA  91501 91502 91504 91505 91506  from $177,000 with mortgage payments under $950/mo for P.I. call for financing options and low downpaymet programs.  SE VENDE condos en burbank y san fernando valley con bajo enganche, llame para explicarle sus opciones. for a complete list of condos & towhouses & homes for sale in Burbank & San Fernando ValleyREO, bank owned, homepath, short sales, regular sale, fixer uppers, probate & cash dealsplease visit http://www.HomesWithLupe.com         VIDEO BLOG, click here or visit http://www.youtube.com/LupeSotoRealtor   ABOUT BURBANK CA Billing itself as the “Media Capita of the World” Burbank is an entertainment oriented city that prices itself on its quality of life, combining 21st century technology with a small-town f...
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By Lupe Soto-Realtor, Listing, Selling Burbank Palmdale & more
(Realty Connection Group)
(818)276-6882 affordable low downpayment TOWNHOUSES for sale in Burbank CA, 91501, 91502, 91504, 91505, 91506, REO, bank owned, short sales, fixer uppers and cash deals. What is the difference between a condo and a townhouse? A condo is usually a single-story unit with underground parking.  A TOWNHOUSE is a two or three-story unit with bedrooms in the second level, usually the garage is attached, the price range for townhouses in san fernando valley is from $130,000 and up.  In Burbank there are townhouses for sale from $220,000 and up.  A condo for all budgets can be purchased from $80,000 and up.  You can finance a HOMEPATH condo or townhouses with at least 3%, for other type of condos and townhouses there is fiinancing with at least 10% down, ideally condos and townhouses are finance...
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By Ana Connell, Burbank Real Estate Agent
(G & C Properties)
Burbank single family homes sold in September(see chart below) reflected an average selling price of $573, 014, up 13% from August 2011 prices. Days on market were down from 71 to 65 days in the same period. Overall the sweet spot right now continues to be in the $400-$525,000 range where most of the buyers seem to be concentrated. Next week we will have a host of numbers out, including Housing Starts, Existing Home Sales, Producer Price Index and Consumer Price Index. Burbank: September 2011 SINGLE FAMILY HOMES: Burbank: September 2011 Total Sold Dollar Volume:............... $33,807,800 Average Selling Price:.................... $573,014 Average List Price:......................... $609,868 Avrg Sales Price/Avrg. List Price:... 97% Average Days on Market:.............. 65 Number of L...
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By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
Real Estate has been a far superior investment than stocks over the past 10 years according to Money.com This chart has been floating around facebook for a while. My regional manager sent it to us today, and I thought it was very interesting. It just shows that time and time again, no matter what the real estate cycle is, it always have a proven track record in the bigger picture. It's a very simple Economics 101 theory of supply and demand. As I always tell my clients:  Buy the dirt.  They're not making any more dirt! Take a look at the chart: Los Angeles Homes For Sale Los Angeles Condos For Sale Los Angeles Townhomes For Sale  
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By Lupe Soto-Realtor, Listing, Selling Burbank Palmdale & more
(Realty Connection Group)
Feng Shui & Real Estate, The Perfect Couple. I hope you enjoy reading this nice article from www.Wofs.com The Feng Shui Of Money    Is there such a thing as the Money of a country affecting its wealth feng shui? Is there any relationship between how a country’s paper money looks and the wealth the country generates? Surely symbols incorporated into the design of currencies must have an effect on the way the country moves forward or backward economically. Central Bankers of the world probably scoff at such an idea… and yet in the old days, coins used as mediums of exchange were always made auspicious, most notably containing the heaven and earth symbols of circle and square. In this issue, FSW does some research into the currency designs of the Dollar, the Euro, the Pound sterling, the R...
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By Lupe Soto-Realtor, Listing, Selling Burbank Palmdale & more
(Realty Connection Group)
July Swing Sensations - Thursdays nights in July and August 2011 in Burbank, CA "The Media Capital of the World" Come out & Dance under the Stars! Summer Concert Series 0 July 7 through August 25, 2011 Dance Lessons start at 6pm Concerts begin at 7pm until 9pm Location:  @ Palm cross street San Fernando Road, next to Burbank AMC Theathers 16 Here is a preview of the concerts and how Burbank neighbors, friends and family have fun! TODAY JULY 28, 2011 STOMPY JONES Stompy Jones is a San Francisco-based sextet renowed to jumpin' rhythm wailing improvisations, hip charm, retro style, and explosive stage show http://www.StompyJones.com        
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By Lupe Soto-Realtor, Listing, Selling Burbank Palmdale & more
(Realty Connection Group)
Burbank REO bank owned BEST BUYS in Burbank CA. Bank/Seller wants an offer!  Ready to be sold:  REO bank owned short sales and regular sales:  Homes for sale in Burbank, Condos for sale in Burbank, Townhouses for sale in Burbank, California, Los Angeles County, (hablo espanol) Casas en venta en Burbank, CA. LIST OF BEST BUYS UPDATED DAILY BURBANK VIDEO BLOG more listings in San Fernando Valley, click herehttp://www.HomesWithLupe.com Burbank Homes For Sale Burbank Condos & Townhouses For Sale Burbank Magnolia Homes For Sale Burbank Media Center Homes For Sale Burbank REO & Bank Owned Burbank New Construction Condos For Sale Burbank Hallston Estate Homes For SAle Burbank Starlight Bowl Homes For Sale Burbank HIlls Homes For sale  
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By Lupe Soto-Realtor, Listing, Selling Burbank Palmdale & more
(Realty Connection Group)
Burbank CA, - Come out & Dance this summer 2011 in Burbank CA - We Love Burbank! Burbank CA known as the "The Media Capital of the World" is hosting great family summer events, music, rocking near the stars, friendly people. Please come to Burbank CA to have fun.  Neighbors from other areas are welcome. SUMMER EVENTS THURSDAYS 6pm - 7/7/11; 7/14/11, 7/21/11, 7/28/11, 8/4/11, 8/11/11, 8/18/11, 8/25/11 - Jazz, Salsa Music and more in downtown burbank ca, check out all details, click here Photos from downtown-burbankclick here for summer events downtown burbank Downtown Burbank Partnership presents the 8th Annual Come Out & Dance! summer music festival with eight glamorous nights of boogie, hop and salsa on Thursdays in July and August. Festivities kick off at 6:00 P.M. with dance lessons ...
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By Lupe Soto-Realtor, Listing, Selling Burbank Palmdale & more
(Realty Connection Group)
Find REO's bank owned in Burbank CA including affordable CONDOS, TOWNHOUSES, HOUSES from $169K, burbank new construction, burbank hills, burbank above glenaoks, burbank east, burbank west, burbank highridge, burbank cabrini, burbank media center, burbank near burbank collection, burbank ranch estate, burbank magnolia park, burbank chandler, all in one place, Preview all burbank homes right here, when ready to view them, call or email requesting an appointment for showing. Financing options:  FHA home loans first time buyers in all areas of San Fernando Valley, HomePath properties for sale and loan information, conventional loans, cash, low downpayment for first time buyers from 3% or 20% for investors. Great rates, call to help you qualify for a condo or home loan. About Burbank CA:  Th...
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By Lupe Soto-Realtor, Listing, Selling Burbank Palmdale & more
(Realty Connection Group)
Affordable NEW condos for sale in Burbank CA including REO's bank owned short sales, condos and townhouses for sale ABOVE glenoaks, new condos and townhouses in Burbank Hills, new condos and townhouses for sale in Burbank Media Center, new condos and townhouses for sale near The Burbank Collection, new condos and townhouses for sale burbank east and west, new condos for sale near your preferred school within The Burbank Unified School District.   Find New Condos & Townhouses For Sale in Burbank CA from $250K easily and effortlessly year built from 200o to 2011.   view PHOTOS PROPERTY DESCRIPTION AND MORE   http://www.HomesWithLupe.com       cannot find what you are looking for? not sure if you qualify to buy a new condo or townhouse for sale in Burbank CA, let us help you with a lender ...
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By Ana Connell, Burbank Real Estate Agent
(G & C Properties)
All real estate is local and nothing illustrates that point better than the S&P Case Shiller Home Price Index that came out last week.  It reported that the average home price for March in the 10 city composite was down .6%(non seasonally adjusted) and the 20 city composite was down .2%.  Actually if you read the report, the overall data was not that bad, but obviously showed a downtrend in prices.  18 out of the 20 areas did show a downtrend when you look at the unadjusted three month average. In case you are curious the S&P Case Shiller Home Price Index tracks monthly changes in home prices in 20 metropolitan areas and comes out monthly.  The report focuses on single family homes and excludes condos and new construction.  Please note that this data was for March, so it does have a two...
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By Ana Connell, Burbank Real Estate Agent
(G & C Properties)
The Rancho Equestrian Neighborhood or "The Rancho" as it's commonly referred to, is bordered by Griffith Park to the south, Victory Blvd. to the east, Olive Avenue to the west and Alameda Ave. to the north.  What makes this community so popular is that it's zoned for horses and it boasts beautiful winding, tree lined streets! There are roughly 785 single family homes and many of those have stables.  The community is represented by the Burbank Rancho Homeowners, a group formed in 1963 to represent the interests of the residents. Rancho real estate is very sought after and tends to sell at a premium.  In addition to the equestrian zoning, other amenities include it's adjacency to the Los Angeles Equestrian Center, connection to riding trails in Griffith Park and numerous parks. It's commo...
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By Ana Connell, Burbank Real Estate Agent
(G & C Properties)
One of City of Burbank's jewels is the DeBell Golf Course. This venue offers a regulation eighteen hole course and a par 3 course. The layout of the Regulation Course is very tight and hilly, but enjoyable for beginners. Its ideal for the family to play. The women often play from two sets of tees on this course, while the men play from the same tees. The 18-hole course at the DeBell Golf Club facility in Burbank, California features 5,633 yards of golf from the longest tees for a par of 71 . The course rating is 68.8 and it has a slope rating of 114 on Kikuyu grass. The course was opened in 1959 and designed by William F. Bell, Richard Bigler and William H. Johnson.  William F. Bell was a prolific designer and is best known for the design of Torrey Pines(with William P. Bell), Bermuda D...
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By Ana Connell, Burbank Real Estate Agent
(G & C Properties)
Bob Hope Airport, to me, represents one of the cool things about living in Burbank.  There is a nostalgic feel to the airport, not just in some of the historical and architectural elements but the fact that it's one of the few airports where you board the plane from the tarmac.  Maybe it's the kid in me, but I love that! The airport was opened on Memorial Day weekend in 1930, so I thought it would be appropriate to write a bit about it's history.   Built by United Airports Company of California (hence it's original name of United Airport), it became the primary airport for the Los Angeles region.  The airport was frequented by famous aviators such as Amelia Earhart, Charles Lindbergha and early aviation heroes connected to Lockheed Aviation.In 1940 Lockheed purchased the airport, expand...
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By Ana Connell, Burbank Real Estate Agent
(G & C Properties)
So, before I attempt to answer that question,  what is shadow inventory? Shadow inventory refers to the housing supply that the banks have foreclosed on ( banked owned properties-REO’s) and are getting ready to foreclose on. According to First American Core Logic, as of September 2009 there was a 1.7 million supply of these homes nationally, as compared to 1.1 million a year earlier. The important thing to note about this statistic is that it includes properties that are at least 90 days delinquent and have not been foreclosed on, so technically we do not know exactly when the bank will foreclose and where these properties are. This pending supply has been much talked about for the last couple of  year as many have been expecting a flood of homes to hit the market. While it is true that...
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By Simon Mills
(Mills Realty)
Burbank Short Sale Are you behind on your mortgage payments and have already tapped your credit cards, friends and family? Getting out from the weight on your shoulders can seem impossible, but moving on is exactly what you are going to need to do. If you are considering a short sale then call Simon Mills of Mills Realty who will guide you through your Burbank Short Sale. Mills Realty will show you how you can relieve yourself from the debt of your home without any out of pocket expenses. Your lender will pay our fees, so our program will truly cost you nothing out of pocket. It makes no difference who your lender is or how many loans you have on your property Simon Mills of Mills Realty will guide you through your Burbank Short Sale. Our goal is to make the process as stress-free as po...
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By Ana Connell, Burbank Real Estate Agent
(G & C Properties)
Did you know, that City of Burbank has a composting program? The program started back in 1989 and through this program Burbank has been able to keep 50% of it's waste from making it to the landfills! Composting is the process where living organisms turn organic waste and yard waste into a rich amendment that you can use in your yard to naturally fertilize your soil. What's great is that residents are eligible to receive free composting instruction through workshops and a free composter! The workshops cover topics ranging from how and what to compost to Xeriscape(minimal water usuage) landscaping!  Trust me I did not know what the meaning of Xeriscape was either! I attended a free class that lasted about an hour and then received a free compost bin.  I started the process in February and...
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By Ana Connell, Burbank Real Estate Agent
(G & C Properties)
A selection of 36 different craft beers(ipa's and non ipa's), wine, and great vegan and non-vegan sausages are just a few of the things that make this dive bar turned craft beer hub absolutely amazing! For the uninitiated they have a great website, Tony'sDA.com, that will guide you through the different styles of beer with much detail.  Everything from amber to witbier! One of the things that makes this place unique is their focus on being a bottle free, low waste bar/restaurant.  All of the beer, wine and sodas are served on a draught system, minimizing their environmental impact. The goal is to have a zero waste bar and an almost zero waste kitchen. Additionally, all beer, wine, breads etc. come from local or California producers.  When available, all produce is sourced within Califor...
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By Ana Connell, Burbank Real Estate Agent
(G & C Properties)
National Fire Service Day is this Saturday, May 14th! Every year on the second Saturday of May, we celebrate our dedicated firefighters by having a day where the fire house is open to the public.  Kids and adults alike can come meet our firefighters, ask questions, check out the amazing fire engines and participate in fun activities. It's a very informative event and provides great access to a very interesting venue. There will be public tours, life saving demonstrations, a great obstacle course for the kids and plenty of swag.  The pancake breakfast starts at 7am, Santoro Subs at 9am and the event closes at 2pm. Come visit the City of Burbank's Police and Fire Headquarters on Orange Grove and Third, next to City Hall!  For more information, click here.
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