Blog
Mortgage rates near the lowest level of the year
Dec 29, 2018 The December 27, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.55%, down from 4.62% last week. The 15-year fixed was 4.01%, down from 4.07% last week. The 5-year ARM was 4.00%, almost uncha...
Land Owner Seeks to Build Apartments in Valley Glen
Dec 28, 2018 The owner of a vacant lot in Valley Glen, has applied with the city of Los Angeles to develop a multifamily complex with retail elements on his property. Urbanize.LA reports that the 13716-13720 Victory Blvd. site would have 32 apartments, w...
$23 Million to Fund East Valley Transit Projects
Dec 21, 2018 The city of Los Angeles has received $23 million in state cap-and-trade funding for environmental and zero-emission transportation projects in the Pacoima-Sun Valley area of the San Fernando Valley. The grant, administered by the state’s T...
Mixed-Use Project to Bring 244 Apartments to Warner Center
Dec 18, 2018 Montecito-based Levine Family Properties LLC is proposing to create a 244-unit development at 21201 W. Victory Blvd. in Woodland Hills, according to The Real Deal. The plan, filed with the city of Los Angeles, calls for the demolition of an ...
Design of Fourth Q Building in Warner Center Unveiled
Dec 17, 2018 Architecture and design firm Newman Garrison + Partners has released images for its Q East, one of five Q developments in partnership with Canoga Park-based California Home Builders currently under construction in Woodland Hills. The fourth ...
The slowing US housing market will have ‘a small silver lining’ in 2019
Dec 17, 2018 Don’t expect the housing market to make any seismic waves in 2019. The market is ending 2018 on a low note with existing and new home sales on a decline. Even home price growth, which has been on the rise for the past six years, is finally...
In 2020, all new homes in California must come with solar panels.
Dec 15, 2018 Beginning in 2020, California will become the first state in the nation to require all newly built homes to be solar-powered. And many developers are figuring out how to comply with the new rules while keeping their houses affordable. The Ca...
Mortgage rates dropped to the lowest level in three months!
Dec 14, 2018 The December 13, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.63%, down from 4.75% last week. The 15-year fixed was 4.07%, down from 4.21% last week. The 5-year ARM was 4.04%, down from 4....