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Economic update for the week ending May 7, 2022

May 8, 2022 The U.S. economy added 428,000 new jobs in April - The Department of Labor and Statistics reported that 431,000 new jobs were added in April. The unemployment rate held steady at 3.6%. The labor-force participation rate (the share of worker...

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Redeveloped Shops at Sportsmen’s Lodge Fully Leased

Apr 28, 2022 The Shops at Sportsmen’s Lodge in Studio City is completely leased following the property’s redevelopment, owner Midwood Investment & Development announced Tuesday. The 95,000-square-foot boutique shopping center near the corner of Ventu...

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5 Mistakes to Avoid When Buying a Home

Apr 27, 2022 1. Don’t Change Your Income-to-Debt Ratio One of the main factors the lender considers when qualifying you for your loan, is the ratio of your monthly income to your monthly debt. Your lender will check your financials several times before t...

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Economic update for the week ending April 23, 2022

Apr 23, 2022 Stock markets dropped for a fourth straight week – Stock markets dropped further this week as fears of higher interest rates due to high inflation sent stocks lower. Comments by Fed Chairman, Jarome Powel on Thursday which included “taming ...

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62-Unit Apartment Project Proposed in Reseda

Apr 21, 2022 A 62-unit mixed-use apartment building with a retail component has been proposed for Reseda, per an application filed with the Los Angeles Department of City Planning. The project – located at 6909-6923 N. Reseda Blvd. near the intersectio...

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