Author Archive
California Extends, Modifies Eviction Moratorium
More than five months after Gov. Gavin Newsom issued an eviction moratorium, the state has issued modified regulations for California tenants and landlords. Newsom signed legislation Monday that extended the eviction moratorium for those who...
Mortgage Rate Update
Mortgage rates – The August 20, 2020 Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate average was 2.99%, almost unchanged from 2.96% last week. The 15-y...
Woodland Hills Post Office Moving Again
After several years at the Westfield Promenade shopping center, the Woodland Hills Post Office will be moving to 21200 Oxnard Street. The new location will open Aug. 24, near Oxnard Street and Variel Avenue. Medical device company Thermo Fis...
Real Estate & Interest Rate Update
Existing home sales rebound in June – The California Association of Realtors announced that existing home sales surged 42.4% in June from May‘s sales totals. Existing home sales totaled 339,910 on a seasonally adjusted annualized rate in Ju...
U.S. existing home sales rebounded at a record pace in June
The National Association of Realtors announced that total existing home sales, which include single family, condominium, townhomes, and co-ops, increased 20.7% in June from the number of sales in May. This reversed three months of sales decline...
Encino Shopping Center Eyes 2021 Overhaul With New Anchors
ShopCore Properties has announced the overhaul of an Encino mall underway soon to include Target and Planet Fitness as prime anchors with a tenant mix of fast-casual restaurants, national retailers and local services, according to the developer...
200-Unit Second Phase Coming to Panorama Tower Development
Developer Izek Shomof is seeking entitlements to transform the parking lots surrounding Panorama Tower, his recently opened condominium project in Panorama City, into a major mixed-use complex. Late last year, Shomof opened Panorama Tower, a...
Sherman Oaks Modern on Quiet Cul-De-Sac
Sensational Emery Kanarik designed mid-century quenches a deep desire for that timeless style. This Sherman Oaks “South of Blvd” quiet cul-de-sac is a dream realized & takes it all to another level. www.ShermanOaksModern.net