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CONSTRUCTION SPENDING RISES IN JANUARY

CONSTRUCTION SPENDING RISES IN JANUARY

The single-family segment drives an increase in residential construction spending. Construction spending in January was estimated at a seasonally adjusted annual rate of $1,369.2 billion, 1.8% above the revised December estimate of $1,345.5 billion. The January figure is 6.8% above the January 2019 estimate of $1,282.5 billion. Spending on private construction was at a seasonally […]

Builder Confidence High to Kick Off New Year

Builder Confidence High to Kick Off New Year

Builder confidence dipped in January, but continues in a healthy range, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index. In January, the Index recorded a 75; at 51 or higher, builder confidence is overall positive. “Low-interest rates and a healthy labor market combined with a need for additional inventory […]

America’s Most Expensive Home: $250M Los Angeles Mansion Hits the Market

America’s Most Expensive Home: $250M Los Angeles Mansion Hits the Market

This article was originally posted on The Hollywood Reporter.  “This is f—ing nuts, right?” asks developer Bruce Makowsky of the Bel Air spread boasting 12 bedrooms, 21 baths, a $200,000 built-in candy wall, $30 million in cars and the helicopter from ’80s TV show ‘Airwolf.’ “Come on! This is f—ing nuts, right?” asks developer Bruce […]

Questions to ask your Realtor

Questions to ask your Realtor

This article has been reposted from Framework. Your real estate agent can make or break your search for a home. That’s why it’s important to hire a great one. But how do you know when you’ve found an agent you can trust? The best way is to interview them. We know it sounds strange, but you are […]

The price of a typical home in Los Angeles falls to $579,500

The price of a typical home in Los Angeles falls to $579,500

That’s less than 3 percent above last year’s median price This article has been reposted from Curbed Los Angeles. Written by Elijah Chiland. After years of steady escalation, home prices in Los Angeles County are tapering off, according to a new report from CoreLogic. The real estate data tracker finds that the county’s median home price was $579,500 […]

Famous People Who Have Homes in Pasadena

Famous People Who Have Homes in Pasadena

This article was originally posted by Discovering Pasadena. Eddie Van Halen  Eds childhood Pasadena home is located at 1881 Las Lunas, Pasadena, CA.  The inside of his album ‘That’s All Folks’ contains a photo of this home and his senior high school picture.  Here are some more recent pictures of the home.  Eddie attended Hamilton Elementary school and Pasadena High School. Wayne Manor  This is […]

Finding a Realtor you can trust: 10 lessons from online dating

Finding a Realtor you can trust: 10 lessons from online dating

This article has been reposted from Framework. Your real estate agent is probably the most important person in the homebuying process. They’ll match your hopes and dreams with the reality of your budget (kind of intimate!), and then go out and find a house you’ll love. Then they’ll expertly negotiate the deal and advocate on your behalf with […]