February 19, 2010 |
The median price paid for a California home increased 10.3% in January from a year earlier though that key indicator stumbled slightly from December, data released Thursday show. Sales dropped over both periods. The statewide median price -- the price at which half sold for more and half sold for less -- was $247,000, down 6.4% from December, according to San Diego research firm MDA DataQuick. The median price typically drops from December to January, the firm said. Statewide, 27,858 homes were sold, down 33.4% from the prior month and off 5.4% from January 2009.
April 4, 2010
1751 Stanton Ave., Glendale 91201 Listed for: $499,000 (also for lease at $2,750 a month) Size: Three bedrooms and two bathrooms in 1,782 square feet Lot size: 0.12 of an acre (5,430 square feet) Features: The single-story house, built in 1941, has an updated kitchen, wooden floors and a living room fireplace. MLS ID: 12136123 1207 Ruberta Ave., Glendale 91201 Listed for: $490,000 Size: Three bedrooms and two bathrooms in 1,458 square feet Lot size: 0.15 of an acre (6,534 square feet)
December 13, 2009
1840 N. Catalina St., Burbank 91505 Listed for: $589,000 Size: Three bedrooms and two bathrooms in 1,850 square feet Features: The single-story traditional-style house has a family room with a fireplace, a saltwater pool with a waterfall and a bonus room off the garage. MLS ID: F1826740 1917 N. Valley St., Burbank 91505 Listed for: $569,900 Size: Three bedrooms and two bathrooms in 1,500 square feet Features: The kitchen and bathrooms of this 1942 one-story ranch-style house have all been remodeled.
November 29, 2009
Contemporary tree house Location: 16550 Akron St., Pacific Palisades 90272 Size: There are four bedrooms and 4 1/2 bathrooms in 4,320 square feet. Published on: March 15, 2009 Listed then for: $2,699,000 Sold for: $1.8 million on Nov. 18, 2009 Frank Lloyd Wright's La Miniatura Location: Prospect Crescent, Pasadena 91103 Size: There are four bedrooms and four bathrooms in 4,230 square feet. Published on : Aug. 24, 2008 Listed then for: $7,733,000 Listed now for: $5.95 million Price reduction: 23% Listing agent: Crosby Doe of Crosby Doe Associates, (310)
November 24, 2009 |
Home buyers last month snapped up previously owned properties at the fastest pace in more than two years, a Realtors group said Monday. Home resales increased 10.1% to a seasonally adjusted annual rate of 6.1 million units in October from a downward-revised pace of 5.54 million in September, according to the National Assn. of Realtors in Washington. The October figure was up 23.5% from the seasonally adjusted annual rate of 4.94 million units a year earlier. The last time the sales pace was that swift was in February 2007.
April 11, 2010
Listing details Asking price: $3.25 million Location: 429 N. Larchmont Blvd., Los Angeles 90004 Size: Four bedrooms and 4 1/2 bathrooms in 5,350 square feet. Lot size: 6,229 square feet Additional features: Climate-controlled wine cellar, parking for four cars, swimming pool, maid's quarters Around the neighborhood: Last year, 127 single- family homes sold in the 90004 ZIP Code at a median price of $860,000, according to MDA DataQuick.
February 7, 2010 |
Thinking of cashing out some equity when you refinance your mortgage? Sure, that used to be what millions of homeowners did when they needed extra money. But now get ready for the post-boom, post-crash trend: "cash-in" refis -- the opposite of cash-outs. "It almost sounds un-American," quipped Frank Nothaft, chief economist for mortgage giant Freddie Mac. After all, Americans have grown accustomed over much of the last two decades to tapping into their equity -- pulling out a chunk of cash and adding to their debt load -- when they refinanced their mortgages.
January 3, 2010 |
Question: There are 58 units in our common-interest development. Last January our homeowner association annual assessment fees went up $52. Is a ballot vote consisting of 27 owners legally binding to approve that increase? Answer: Even assuming all the quorum requirements were met, without knowing how many people attended the meeting, where the vote took place and how many owners participated in that vote, or if there was a meeting, it is difficult to make a determination.
December 27, 2009 |
The south of France meets Pasadena's South Arroyo in a 1923 Mediterranean Revival house designed by renowned Southern California architects Reginald Johnson, Roland Coate and George Kaufmann. Built near the edge of a bluff, the home has expansive views of the Colorado Street Bridge, the Vista del Arroyo and the San Gabriel Mountains from most of its 15 rooms. A sloping, curved driveway winds from the street past a three-car garage and attached guesthouse up to a circular motor court at the front of the home.
December 18, 2009 |
For nearly two months, home buyers with good credit who can make a 20% down payment have enjoyed 30-year mortgage rates below 5%. But as signs of an improving economy increase, the yield on bonds has been edging higher and pulling home-lending rates along as well. Is the end of the sub-5% era in sight? Freddie Mac's widely followed rate survey pegged the average 30-year fixed mortgage at 4.94% for the week ended Thursday, up from 4.81% a week earlier. The survey assumes borrowers pay 0.7% of the loan amount in upfront lender fees and discount points.