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Burbank, CA Real Estate News

By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
Burbank Real Estate by Lupe Soto, Burbank Realtor (818)968-3718Community Events Saturday April 5, 2008. FREE concert featuring unbelievable MUSIC from America's premier musical group for last 40 years...the world traveling "Continentals." This unique concert event for church and community features full staging, extraordinary production and stunning visual effects. Festivities begin at 7:00pm in the Fellowship Hall located at 2828 West Magnolia Blvd, Burbank 91505. For Details call the church office at 818 846-2866. Do you know a talented Teen or Young Adult...come find out how to audition to become a Continental! Details Saturday Night after the performance.Saturday, April 5th -- 9am to 12pm.  Burbank Healthy Community Fair. Starts  right after the Mayor's weekly 8 a.m. walk on Chandler...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
Lupe Soto, Burbank Realtor, Feng Shui Real Estate, For centuries farmers have known to plant their crops by the cycles of the Moon.  The Moon moves rapidly through the constellations of the zodiac, and aligns with the Sun (conjoins) once approximately every twenty-nine and a half days.  This is called the New Moon, and is that period of time where we cannot see the Moon in the night sky.  The New Moon is the time that promotes all forms of growth .  Anything initiated on those days will be met with rapid growth : a business venture, a relationship, a creative project. The New Moon is fruitful for strong new beginnings.  NEW MOON REMINDER - Saturday, April 5, 8:56 pm - PST is the New Moon Power Day in April! The New Moon in ARIES, is the most potent Moon of the year for making wishes inv...
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By Joe Zapata, Your Burbank Real Estate Expert
(Keller Williams Realty Media World)
It's that time of the year again here in Burbank, Ca.Burbank on Parade is back!!!!!!!!!Every year the community comes together to celebrate our city, it's business as well as its residents.It is a great time to bring out the family for loads of fun and events within this great community.The annual Burbank On Parade will take place Saturday, April 26 at 11 a.m. on Olive Avenue from Keystone to Lomita. Here is a quick history of this special event:To celebrate the conclusion of World War II in 1945, the Burbank Junior Chamber of Commerce organized a city parade in association with their May Festival. The festival was a big affair, lasting a week and including a pageant, dances, baking contests, and a carnival. The extravaganza was so successful it became an annual tradition that continued...
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By Ana Connell, Burbank Real Estate Agent
(G & C Properties)
The Economic Week in Review: NAPM Chicago Index showed a slight jump in orders, which was positive, but also showed a jump in prices, probably due to rising fuel prices. Motor Vehicle Sales were weak, lowest rate since 1996, Construction Spending was down but better than expected and ,ISM Manufacturing Index continued to slip and new orders are down. Challenger Job Cut Report, reported heavy job cuts in the government, financial and transportation sectors.  Factory Orders fell more than expected . Monster Employment Index, rose slightly and Jobless Claims, posted worst numbers since Hurricane Katrina in 2005. Employment Situation(non-farm payrolls), much worse than expected as 80,000 jobs went away versus the expected 50,000.. Bonds…2 year 1.82%, 5 yr. 2.62% and the 10 yr. 3.47%. Betwee...
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By Joe Zapata, Your Burbank Real Estate Expert
(Keller Williams Realty Media World)
                  BURBANK, CA - America's Promise Alliance, the nation's largest alliance dedicated to children and youth, in partnership with Capital One, today announced that the City of Burbank has been named a winner of its 2008 100 Best Communities for Young People competition. Burbank is the only city in Los Angeles County to be named to the list.The 100 Best competition recognizes the 100 outstanding communities across America - large and small, rural and urban - that are the best places for young people to live and grow up.  More than 300 communities in all 50 states applied for the honor this year.  The 100 winning communities span 37 states.Burbank was selected as one of the 100 Best in large part because of the city's focus on increasing health and wellness programs for its y...
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By Joe Zapata, Your Burbank Real Estate Expert
(Keller Williams Realty Media World)
Saturday, April 5th  -- 9am to 12pmChandler Blvd between Keystone St. and Lincoln St.Starts right after the Mayor's weekly 8 a.m. walk on Chandler Bikeway. There will be health screenings, lots of great information to help keep families healthy, a fun-filled activity zone, entertainment, and prizes.  The Entertainment Showcase will include ballet and jazz, country cardio, hula dancing, family exercise, and family dance. Fun activities in the Activity Zone include a rock climbing wall, gymnastics arenas, and an obstacle course. The Burbank Healthy Community Fair is sponsored by the City of Burbank , Burbank Community YMCA, Providence Saint Joseph Medical Center , Robeks Juice and Trader Joe's.   The Fair will take place rain or shine. And it's all FREE. Check here for further details on ...
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By Ana Connell, Burbank Real Estate Agent
(G & C Properties)
The Economic Week in Review: Existing Home Sales rose 2.9% in February, housing supply is sitting at 9.6 months nationally.The Case Shiller Index came out with LA County down 16.5%.Consumer Confidence continued it’s downward spiral to lowest level since 2003New Home Sales were down 1.8% to a 13 year low.Durable Goods dropped for second month in a row, giving credence to the fact that we are already in a recession.Jobless Claims were improved.Personal Income and Outlays rose more than expected, but they cite technical reasons for this, such as Medicare Part D payments and government assistance that were given out.Consumer Sentiment showed slight weakness, not enough to upset the markets.Markets ended the week down 1.2% at 12216.40. Of the 30 Dow components, 22 posted losses.Bonds…2 year ...
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By Ana Connell, Burbank Real Estate Agent
(G & C Properties)
Housing stats for February 2008 for Burbank, Studio City, Hollywood Hills, Glendale, Valley Village and surrounding areas!   Click here!    Categories Blogroll (87) Buyer Information (7) City News (17) Economic Market Reports (47) Events (5) Go Green! (10) Government Issues! (19) Housing Information/Stats (12) Neighborhood Info (6) Off the Beaten Path (4) Seller Information (6) Zoning Issues (4) Latest Postings 28. March 2008: Housing Market Update! 22. March 2008: Have You Heard Of The Tod Deed? 21. March 2008: Economic Week In Review 21. March 2008: Buying A Home? Here are Some Tips To Make Your Life Easier 16. December 2007: The Economic Week Ahead.... 14. December 2007: The Economic Week In Review... 10. December 2007: Burbank City Council Update 10. December 2007: The Economic Week...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
Burbank News, Business Briefs, Burbank Realtor, New Construction Specialist Realtor (818)968-3718, Lupe SotoDID YOU KNOW THAT.....The Burbank Collection, new construction  mixed-use project being constructed next to the AMC Theater complex downtown will contain a a Sketchers shoe store, Barney's Beanery restaurant, and a Pinkberry yogurt store.The Town Center has announced they will soon be adding a Coach store.The Walt Disney Company has announced it will be teaming up with several Japanese companies to produce animated features in Japan, a leading market for such films.Chris Daste is the City's new Park, Recreation and Community Services Director.  He comes to Burbank from the City of Tracy in Northern California where he held a similar position. He officially assumed his new position...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
Burbank Housing Market Update, Burbank Economic Indicators, Burbank Realtor (818)968-3718, Lupe Soto Burbank Homes Sale Activity (*):# Sold in January 2008, 48# Sold in January 2007, 75Median Price January 2008, $544,500Median Price January 2007, $632,500% change -13.91%# Sold in February 2008, 23 (5 condos & 18 houses)Median Price House 2 Brs, $400,000Median Price House 3 Brs, $610,000Median Price House 4 or more Brs, $920,000Median Price Condo, $348.800Residential Active Listings, 105Condo Active Listings, 49Time on Market, Total Units Sold, 23Average Market Time DOM, 109.7 days on the marketTypes of Financing, conventional loans, 23# Sold in March 2008, 15  (as of 03/25/08) will update last day soonMedian Price House 2 brs, $450,000Median Price House 3 brs, $655,000Median Price House...
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By Mario Villagran, MBA, Realtor
(U.S. Spaces)
It's a great week here in Southern California.  The first day of spring was yesterday and my dad turned 69 years old.  I think he's in better shape than me.  This market is also producing a lot of bargains.  Our "Pick Six" homes show that there is an opportunity for many to get into a home in a city where it once seemed unaffordable.  Even though prices have dropped the quality of the schools hasn't and the overall standard of living is still high.  Rates continue to drop in anticipation of future rate cuts and recession fears so the cost of owning a home is still fairly cheap.  Especially when you consider that many of you will get a bigger refund if you qualify to use mortgage interest as a deduction.  Considering that rents continue to increase while interest rates are dropping you w...
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By Ana Connell, Burbank Real Estate Agent
(G & C Properties)
Some of the most important elements of buying a home is knowing how much home you can afford to buy. How much money you have to put as a down payment and how much money you can afford to pay on a monthly basis may not only determine the size of your home, but which neighborhood you choose. Here are some tips to make your life easier: Clean up your finances Pull a copy of your credit report to see exactly what all three credit agencies are reporting about you. Not only do you want to know your credit scores, but you want to know if your balances and payment history is being properly documented. Check with Experian, TransUnion, and Equifax. Years ago when purchasing a home I found out during escrow that a credit card I had closed years earlier was reporting late payments, impossible since...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
Burbank Real Estate, Burbank Listing Agent, Seller's Agent (818)968-3718 by Lupe Soto Sellers/Seller's Agents - Keep Selling Until Deal is Done   Even after a buyer is found and the papers are signed, there's no guarantee that the deal will close.The risks are with the property or the buyer's credit, income, or down payment.Even pre-approval is no guarantee these days. Something as small as missing a bill payment shortly before closing can derail a loan. Seller's Agent shouldn't stop marketing a home just because they accept a purchase contract.  Seller's Agent should keep records of buyers interested in a property and continues to show that property in many instances. Seller's Agent got to track the leads in case [the buyer's financing] crashes and burns Sellers, think about this and f...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
Burbank Real Estate & Homes for Sale (818)968-3718, Lupe Soto, Realtor & REO SpecialistYou've always followed the sage advice of the late singer-songwriter Jim Croce: You don't tug on Superman's cape, spit into the wind or try to pull a fast one on the IRS.OK, maybe that last one wasn't one of Jim's lyrics, but the sentiment -- know the consequences before you act -- still applies. Unfortunately, that's not always easy to do when it comes to Uncle Sam's tax collectors. The tax law is complex and difficult for even experts to negotiate. Just when you think you've followed all the rules and researched all the angles, a tax regulation blindsides you. SURPRISING TAX LAWS:  There are many arcane and infuriating tax laws that cause filers problems. Here are five that many people might run afo...
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By Laura D'Anna, Media Carrot Photography
(MediaCarrot photography)
Just like the title says, Virtual Tours aren't just for Home sales. I got the opportunity to photograph five cabins in Big Bear last week. What made it even better was that the owner let us stay in one of the cabins for the night. Only one night away but what a nice time! It had snowed the week before, so there was a lot of snow every where. It gave me the chance to practice my evening and sunrise photography. It's was worth standing knee deep in snow to get these shots...Also, click here to view some of the virtual tours! Bear's Lair Pine Tree Cottage Summit Ridge Meadow Lake Cottage
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By Joe Zapata, Your Burbank Real Estate Expert
(Keller Williams Realty Media World)
I just attended a class with my preferred lender about the new FHA Limits and Guidlines for the County of Los Angeles.  Per the class what I found was that the new basic guidline Key Popints are as follows:3% down Payment - Gift funds are ok without seasoningNo Income RestrictionsRates are currently below conformingNo required roof inspections such as Termite, Roof, Septic etc.Normal appraisal requirementsNormal Timeline are in place for direct FHA approved lender.  Longer time limits may apply for brokersNon-occupying co-borrowers are allowedSeller Disclosures are quick and easyOwner Occupied and Full Doc onlySeller not required to pay upfront MIPTemorary Loan Limits for Los Angeles County are set at:       1 - Unit:  $729,7502 - Units:  $934,2003 - Units:  $1,129,2504 - Units:  $1,403...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
Burbank Realtor, Lupe Soto, Bank owned Properties, Foreclosure Specialist 818-968-3718Buy Now, says Foreclosure ExpertNow's the time to pick up properties at fire sale prices, says Ralph R. Roberts, author of Foreclosure Investing for Dummies and Flipping Houses for Dummies. "Properties could double in value over the next 10 years. But you have to be willing to go in, buy them, and hang on for the longer term," he advises.Attention Foreclosures Buyers, remember....profitable investing in foreclosures requires exhaustive records searches in advance.Buyers of foreclosures should create a file that contains a range of property information that will establish what the property is worth and help avoid bureaucratic snafus. Here is his list of must-have information:A copy of the foreclosure no...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
Burbank Real Estate & Homes For Sale by Lupe Soto, Feng Shui Realtor (818)968-3718.Welcome to Burbank Wire newsletter, connecting people to events sponsored by educational, municipal, non-for-profit, churches and other community organizations in Burbank & nearby areas. To submit content, or to report an error or omission, please contact Jim Hetherman (mailto:Jim@BurbankWire.com?subject=BURBANK WIRE) and begin the subject of your email with BURBANK WIRE in ALL CAPS.  See our contact page for more information: http://www.burbankwire.com/bwire/contact.shtmlTo join this list, send a blank email to: editor1-subscribe@burbankwire.comTo leave this list, send a blank email to: editor1-unsubscribe@burbankwire.com=======================This list is organized into three major areas of interest: Co...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
Lupe Soto, Licensed Realtor, Feng Shui Real Estate, Burbank Real Estate Services with care! (818)968-3718NEW MOON ASTROLOGY, using new moon power days to change and revitalize your life. For new moon power wishes to come true they must be handwritten on paper, not typed on a typewriter or a computer.  The wording of the wishes is also very important, they must be clearly stated so that the "feeling" behind the wishes comes through the words.  For more information on New Moon Astrology, please visit http://www.janspiller.com/ . I am not related to her or endorse her services. I just share with you my thoughts and my new moon monthly activities.  If you find this article interesting and useful. I would appreciate you let me know. Happy New Moon in Piscis 03/07/08 at 9:15am PST.What to wis...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
Lupe Soto, Burbank Realtor, REO Agent for Buyers, Bank Owned Specialist serving Burbank & all nearby areas of San Fernando Valley, Santa Clarita Valley & Antelope Valley in Los Angeles County, San Bernardino County, Riverside County. (Se Habla Espanol, Bilingual Realtor) "I will be happy to show you below listings or any listing in the MLS Multiple listing, please call for faster service or CONTACT LUPE, click here ACTIVE LISTINGS WITH ADDRESS READY TO SOLD, click here BURBANK VIDEO BLOG - BURBANK HOMES FOR SALE, click here BURBANK VIDEO BLOG - CONDOS & TOWNHOUSES FOR SALE, click here BURBANK NEW CONDOS NEW TOWNHOUSES NEW HOMES FOR SALEvisit my website www.HomesWithLupe.com   BURBANK NEIGHBORHOODS: Burbank North Estates, Burbank Hills Estates & Hallston & Highridge Estates, Burbank Star...
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