Councilmember Bob Blumenfield (who’s also proposed a return to a public/private cost-sharing sidewalk repair program) has introduced a motion (pdf) that would have the Bureau of Street Services develop a pilot program exploring cement alternatives for LA’s sidewalks, like a mixture of recycled granite and asphalt or recycled rubber tires. The recycled alternatives would cost . . . → Read More: LA May Get Recycled Rubber Sidewalks – Who Pays?
LOS ANGELES — With a major storm front moving into Los Angeles this week, the Los Angeles Department of Water and Power (LADWP) stands ready to respond to rain-related electrical problems that may occur, and reminds Angelenos to use caution around downed power lines, which may be live wires and potentially fatal.
During storms, power . . . → Read More: LADWP Urges Caution During Upcoming Storm
Los Angeles reacts to the weather forecast by imposing parking restrictions on certain streets so that fire trucks will not be impeded in case of emergencies. Read here to see why and if your street’s parking is affected. . . . → Read More: Red Flag Parking Restrictions in Effect in All of Los Angeles
While property rights are generally a state issue, the federal recognition of marriage between gay couples will have a significant impact on home owners. . . . → Read More: Same-Sex Marriage Ruling: What it Means for Real Estate
Hedge funds and private equity firms are looking to cash in on real estate, “rushing in to buy up companies and assets in every part of the housing supply chain, including undeveloped land, homebuilders, foreclosed homes, and building parts manufacturers,” . . . → Read More: Investors Take Big Bite Out of Housing Market
Detectives say suspects obtained lists of subscribers who had submitted “vacation holds.”
The Los Angeles Times is reporting that three men have been arrested in connection with $1 million in burglaries from the homes of vacationing Times subscribers.
The burglaries occurred over the past three years, according to the Los Angeles Sheriff’s Department.
“Detectives said . . . → Read More: Burglary Ring Hits Vacationing L.A. Times Subscribers
No matter what real estate trends look like, buying a house is always a big decision. So when is the right time to make this investment? . . . → Read More: Your Home – Your Nest Egg
The housing market has turned—at last.
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The U.S. finally has moved beyond attention-grabbing predictions from housing “experts” that housing is bottoming. The numbers are now convincing.
Nearly seven years after the housing bubble burst, most indexes of house prices are bending up. “We finally saw some rising home prices,” S&P’s . . . → Read More: Yes, The U.S. Housing Bust Is Over
Buying a condo in the Greater Los Angeles and San Fernando Valley areas is about to get easier thanks to new FHA changes. A famous songwriter refuses to leave his foreclosed home, and interest rates do some crazy things this week.
Enjoy this Facebook Friday video. If you have any questions, post below.
. . . → Read More: WAR! What is it good for? Getting squatters out!
For the third consecutive month, foreclosure filings dropped, sinking to their lowest level since July 2007, according to RealtyTrac’s April report on nationwide foreclosure activity.
Foreclosure activity, which includes default notices, scheduled auctions, and bank repossessions, fell 5 percent from March to April and were down 14 percent year-over-year.
“More distressed loans are being diverted . . . → Read More: Foreclosures Plummet to 5-Year Lows