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As Interest Rates Rise, Hybrid Mortgages May be a Good Option

As Interest Rates Rise, Hybrid Mortgages May be a Good Option

By Kenneth R. Harney Higher mortgage rates for 2014? Count on it. Could this be the year to check out hybrid mortgages, which haven’t been popular lately? Maybe. You can count on interest rates going higher because: The Federal Reserve intends to continue reducing its monthly purchases of mortgage bonds and Treasury securities, which will have the Read More

Housing Tear-Downs on the Rise as Real Estate Rebounds

Housing Tear-Downs on the Rise as Real Estate Rebounds

By Andrew Khouri January 4, 2014, 6:00 a.m. The front-end loader swung to the right and took a bite out of the shingled roof of the quaint cottage. The roar of the engine and crackle of buckling lumber carried down Elm Avenue in Manhattan Beach. Within 40 minutes, a demolition crew reduced the 1950s one-story Read More

Just sold by Alan- Stately 4 bedroom traditional!

Just sold by Alan- Stately 4 bedroom traditional!

Stately 4 bedroom two story traditional nestled on a mature tree lined street is comfortable and clean as a whistle! Double door formal entry leads you to the home’s main living area boasting high ceilings, gorgeous hardwood floors, fireplace and separate sitting area perfect for relaxation or intimate social gatherings. Sizeable kitchen features plenty of Read More

Studio City Crime Drops by 26 Incidents in November

Studio City Crime Drops by 26 Incidents in November

Awareness for thefts and motor vehicle burglaries remain a steady constant in Studio City, and November’s latest incident reports from the LAPD North Hollywood Division show 72 crimes reported, a drop from 98 in October. The most common crime reported in November was 18 motor vehicle burglaries. Attached to this post is the latest map, showing the Read More

City Council Approved Repairs to Segments of Sidewalk in Studio City

City Council Approved Repairs to Segments of Sidewalk in Studio City

By Daily News Using money from a special fund, the Los Angeles City Council on Wednesday approved $163,400 for repairs to broken or missing segments of sidewalk on Ventura Boulevard in Studio City. “This is an important first step to upgrade our community and act proactively to fix our neighborhoods,” Councilman Paul Krekorian said. “The Read More

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