Thursday, July 29, 2010

Homes will sell if priced right; foreclosures have impact

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Emily Rennie's three-bedroom house in Oakland was a beauty in a sweet location. Walking distance to the lakeshore. Close to shops. A ref...
Saturday, July 24, 2010

Doubling Down on Housing

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Record-Low Interest Rates and a Scary Stock Market Are Prompting Investors To Sink Even More Money Into Their Homes. By M.P. MCQUEEN: wsj.co...
Tuesday, July 20, 2010

Housing Market Holds Its Own: Life after the Tax Credit

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The tax credit brought a lot of buyers out last fall and again this spring, which gave a real shot in the arm to real estate. RISMedia.com W...
Thursday, July 15, 2010

Need to Sell Your House? Cut the Price

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Home sellers learned a painful lesson in June: if you want to sell right now, lower the price. By: Nick Timiraos: wsj.com June marked the se...
Wednesday, July 07, 2010

Indonesian Agrees to Buy Bel-Air Mansion for $50 Million

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An Indonesian buyer is in contract to buy a 48,000-square-foot mansion in Los Angeles' Bel-Air neighborhood for around $50 million. By: ...
Tuesday, July 06, 2010

In Westside Los Angeles, a Rail Line Stirs a Revival

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Los Angeles - Slowly, mass transit is taking hold in a city synonymous with the car. By: TERRY PRISTIN: The New York Times Now a light-rail...

California Banks Pitch `Budget-Impasse Loans' to State Workers

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Banks and credit unions will offer zero-interest loans and other assistance to the 200,000 California government employees who may see their...
Friday, July 02, 2010

Paul Allen's Malibu

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Microsoft Corp. co-founder Paul Allen has bought a contemporary oceanfront home in Malibu, Calif., through a corporation, for more than $25 ...
Thursday, July 01, 2010

Mortgage Rates on 30-Year U.S. Loans Fall to Record

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Mortgage rates on 30-year U.S. loans slid to a record low for the second straight week, lowering borrowing costs for homebuyers as demand sl...
Wednesday, June 30, 2010

Foreclosed Homes Sell at 27% Discount as Supply Grows

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Homes in the foreclosure process sold at an average 27 percent discount in the first quarter as almost a third of all U.S. transactions invo...
Monday, June 21, 2010

The End Is Near

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And that’s a good thing – Macerich executives wondered if they’d ever complete the remodel of Santa Monica Place. By: By Alexa Hyland: labus...

One Palace, Never Used

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Now shy of glitz, owner to sell mansion. By: By Daniel Miller: labusinessjournal.com C. Frederick Wehba Sr. spent $65 million to build a pal...
Friday, June 18, 2010

Hill and McGraw Sell Home for $9.55 Million

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Singers Faith Hill and Tim McGraw have sold their Beverly Hills, Calif., home for $9.55 million. The home, in Beverly Park, was originally l...
Monday, June 14, 2010

Fed Chief Cautiously Optimistic about Economy

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The U.S. economy is in a moderate recovery and should continue growing through next year, but the unemployment rate is expected to remain hi...