http://knowseyneighbors.com A Real Estate Blog Thu, 08 Jul 2010 15:26:06 +0000 http://backend.userland.com/rss092 en The housing market may have slowed a bit, but how can a buyer looking to buy in this market pass up such a bargain? The Los Angeles Times reports that Mortgage rates have dropped to their lowest point in five decades, down to 4.57%.  And although these unprecedented rates have yet ... http://knowseyneighbors.com/mortgage-rates-drop-to-new-low/2010/07/08/ RISMedia announced in an article just released today that the House of Representatives passed a proposal that would extend the $8,000 tax credit beyond the original June 30th deadline. "The Home Buyers Assistance Act of 2010 would push the deadline to midnight September 30, 2010 on contracts that were signed by ... http://knowseyneighbors.com/house-extends-tax-credit-will-the-senate-pretty-please/2010/06/30/ Sometimes even the smaller publications can bring BIG news...especially to those of us who have witnessed the immense project located on La Brea Ave. in Hollywood deteriorate over time...too much time.  Read the full article here. The Beverly Press announced that Resmark Equity Partners recently purchased the property and acquired ... http://knowseyneighbors.com/la-brea-ave-will-shine-once-again/2010/06/18/ For me personally, I find the negotiating step in the real estate transaction the most fun.  And keeping both parties not only happy, but also engaged is an Art....hands down! So when I read this article in the LA Times this past Sunday, I felt it worthy to share with ... http://knowseyneighbors.com/the-411-on-home-sale-negotiations/2010/05/25/ Many of us know of the Federal Tax credit offered by the Government to induce sales.  Many of us however don't know or know very little of the CA state tax credit that was enacted a little less than 1 month ago. Federal law offers up to $8,000 for first-time ... http://knowseyneighbors.com/know-your-tax-credits/2010/04/28/ Were you curious about how it all went down yesterday at that lofty building that looms over Santa Monica Blvd? Curbed LA gives us an update of yesterday's auction activity. http://knowseyneighbors.com/hancock-lofts-auctioned-off/2010/04/26/ Just yesterday, Inman News posted this report as to the lifeline of foreclosures in California. Are we experiencing a drop-off or a slower pace of NOD's being filed?  Or are we seeing and expecting a new release of foreclosures coming down the pike? You can read all kinds of statistics that ... http://knowseyneighbors.com/foreclosure-update-for-california/2010/04/22/ The buyers eagerly awaited its premiere, to cautiously step beyond its contemporary, loft-like thresholds.  But then...... Hancock Lofts faded, and the story ended.  Or did it? Let's pretend to turn the page and the story emerges! We learn from Curbed LA that the contemporary Koning Eizenberg designed building collecting mere glimpses ... http://knowseyneighbors.com/unscramble-caution-and-you-get-auction/2010/03/26/ At last, an article that touches upon the green movement.  Lew Sichelman, Senior Housing Correspondent at SourceMedia/National Mortgage News explains to us that retrofitting your home to fill the GREEN need is possible.  And it doesn't have to mean buying a brand new home. Some simple principles can be followed ... http://knowseyneighbors.com/simple-ideas-for-making-your-home-green/2010/03/22/ Alejandro Lazo from the LA Times brings us this newsworthy article attributing the rise in February to more homes sold in higher-priced areas and fewer sales of lower-end homes and bank-owned properties. And while foreclosures represented 43.8% in January, according to DataQuick, this was down from an all-time high of ... http://knowseyneighbors.com/home-prices-rise-11-2-in-the-state/2010/03/19/