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The slowing US housing market will have ‘a small silver lining’ in 2019
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.
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!
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....
Another Q Building Planned for Warner Center
Architecture firm Newman Garrison + Partners has shared its first look at the Q at Erwin, its latest project in a network of mixed-use residential buildings, all called Q, in Warner Center under development by California Home Builders in Canoga...
Granada Hills Single-Level 11,000 sq. ft Medical Building w/Adjacent Parking Lot $3,999,000
One of a kind opportunity to acquire this single-level 10,793 sq. ft. Medical/Dental Building offering a prime Granada Hills corner lot locale. Included in this spectacular opportunity is a rear nearly 11,000 sq. ft. parking lot (APN 2712-029-0...
Tarzana Single Level with Spectacular Rear Grounds & Pool $1,299,000
Tarzana corner lot with circular drive, loads of upgrades & park-like rear grounds www.RavishingOnRosita.com
Mortgage rates were higher this week
The November 8, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.94%, up from 4.83% last week. The 15-year fixed was 4.33%, up from 4.23% last week. The 5-year ARM was 4.14%, up from 4.04% las...
Woodland Hills Warehouse Sold With Eye Toward Multifamily Development
An 11,880-square-foot warehouse in Woodland Hills has traded hands for $4.2 million, or $350 per square foot, and the new owners want to convert the distribution center into multifamily housing, according to brokerage NAI Capital. Located at...