Blog
Economic update for the week ending January 7, 2023
Jan 7, 2023 Stock markets higher to begin the year - Stock markets ended the week higher. Investors shrugged off another strong jobs report and focused on wage growth being lower in December than it was in November. Analysts also feel that next week’s C...
New Terminal Coming to Hollywood Burbank Airport
Jan 4, 2023 After experiencing some turbulence and a long delay, the Hollywood Burbank Airport is a major step closer to having a brand-new terminal, a project one official hailed as the most significant in the airport’s history. The Burbank-Glendale-...
Evictions for Non-Payment of Rent in The City of Los Angeles Can Now Proceed
Jan 3, 2023 Tenants will now be forced to pay rent or risk eviction. Since March 2020 through January 2023, residential and commercial tenants could avoid their rental obligations by merely claiming that they were financially impacted by COVID-19. The City...
Ventura Boulevard Self-Storage Being Planned
Dec 24, 2022 While, L.A.'s self-storage industry continues to expand, two new facilities are being planned along Ventura Boulevard in the San Fernando Valley. A Chicago based firm, Banner Real Estate Group are hoping to break ground on there three-story, 15...
Economic update for the week ending December 24,2022
Dec 24, 2022 Stock markets - Good news for the economy was treated like bad news for investors this week. The third quarter Gross Domestic Product (GDP), the broadest measure of economic output, increased 3.2% year-over-year from the third quarter of 2021. ...
L.A. County Regains All Jobs Lost in Pandemic Lockdown
Dec 19, 2022 It’s official: Los Angeles County has finally regained all of the 785,000 payroll jobs lost in the spring 2020 pandemic lockdown, and then some, according to state figures released Dec. 16. L.A. County was a little late to this party: the ...
Economic update for the week ending December 17, 2022
Dec 17, 2022 Stock markets down for a second straight week - Stock markets were down significantly in September. They soared in October and November on strong corporate profits, and signs of moderating inflation. In the beginning of December the Dow was do...