Monday 263 & 6 Month Bill Auction 2 & 5 Year Note Announcement Tuesday 27 ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending. Redbook a timely indicator of consumer spending and also represents about 10% of total retail sales. This measure tracks weekly sales from discounters, chain and department stores. Consumer Confidence Consensus 90.5 4 Week Bill Auction Wednesday 28 Existing Home Sales-consensus 4.95M….. Last month sales fell 8.0% , down 19.1% from September 2006. Housing supply for September was at 10.5 months, highest level since 1999. Durable Goods Orders Consensus .3%-This number was down 1.7% in September and posted a sharp revised 5.3... 11/25/2007

click on any picture for more information and price click on any picture for more information and priceA beautiful home filled with charm. Living room with refinished hardwood floors, crown molding, fireplace, brand new kitchen, new custom tiled bath, large private yard with built-in bbq, full size curner lot, c/a, shows very well! A MUST SEE!! To preview the finest Real Estate in Burbank, Santa Monica, Beverly Hills, Malibu, Brentwood and Pacific Palisades please visit my website. When you are ready to view homes or have any questions regarding selling your home, please contact me. 11/23/2007

Very volatile day again! Some of the volatility has been blamed on Japanese currency traders who were said to be “unwinding” some positions. Rumors continued about Countrywide possibly having to go into bankruptcy, Countrywide did come out and deny these rumors late yesterday. Jobless Claims came in as expected but there was quite a bit of volatility and the Dow ended the day down 211 points on very light volume.   Light volume tends to magnify moves in either direction, so it will be interesting to see what Friday and next week bring. Categories Blogroll (74) Buyer Information (5) City News (17) Economic Market Reports (39) Events (5) Go Green! (10) Government Issues! (18) Housing Information/Stats (10) Neighborhood Info (5) Off the Beaten Path (3) Seller Information (6) Zoning Issues... 11/21/2007

Buyer's Exclusive Agent, Lupe Soto serving Burbank CA, San Fernando Valley, Antelope Valley including Palmdale, Lancaster, Littlerock, Lake Los Angeles in Los Angeles County.Why is it important for a homebuyer or savvy investor to choose LUPE SOTO as your Exclusive Buyer's Agent?Well for one reason, it's the difference between service and selling.  The Buyer's Agent offers you service - The Listing Agent is selling their product.Whether you are searching for a condo or townhouse new construction properties or resale homes, income property duplex, triplex or fourplex , leases with option to purchase in Burbank, San Fernando Valley, Palmdale/Lancaster in the Antelope Valley, in Los Angeles County, there are two sides to a real estate transaction, the Buyers side, and the Sellers side.  In... 11/21/2007

 Items of note from the last Burbank City Council meeting: Quiet zone was established on the Metrolink Ventura Subdivision at Buena Vista Street and Vanowen crossing. Vote was unanimous.The new California building and fire codes were unanimously adopted.   Because of past complaints this ordinance will change the Burbank Municipal Code with respect to construction hours.   The new hours will be Monday through Friday 7 a.m. to 7 p.m. and Saturdays from 8 a.m. to 5 p.m.  No work will be allowed on Sundays and holidays.  For homeowners working on their own houses, they will be allowed to work on Sundays and holidays from 8 a.m. to 5 p.m.Unanimous adoption of the wind power agreement between Burbank and the Pebble Springs Wind project in Oregon.  Through these and other efforts our power r... 11/19/2007

Well, we had quite a volatile day as the Dow closed below the psychological 13,000 mark. Dow was down 218 points and closed at 12958. Items of note: Goldman Sachs downgraded Citigroup to a sell. Lowe’s lost 7.6% today on weak earnings.The National Association of Home Builders/Wells Fargo Index came in at 19 for the second straight month, this is the lowest since the record keeping began in 1985.Goldman Sachs forecasted that the current credit problems will result in $2 trillion of reduced bank lending for next year. I certainly hope that many of these reports are wrong, but I have heard from many sources that lending will be extremely tight if not non-existent for certain segments of the market. Most likely to be impacted are the $500k-1,000M housing segment. The yield on the two year n... 11/19/2007

 This chart includes housing data for each respective zip code listed for the October 2007 period and percent change from October 2006 levels. As you can see from the table below, housing prices for the month have varied by area, but it’s interesting to note that the higher end of the market has not been as affected, at least as far as median price, by the slow down. Most notably in Toluca Lake(91602) we saw a 42.7% increase in the median home price, Studio City(91604) experienced a 3.3% increase and the Hollywood Hills(90068) saw a 12.8% increase in the median home price. What’s been most impacted in many areas is the volume of sales. The main reason for this is that it has become harder for many to obtain a mortgage loan, especially if it’s above the conforming limit of $417,000, whic... 11/18/2007

    This year will be the 11th annual running of the Southern California Regional Rail Authorities in cooperation with the Southland Firefighters "Holiday Toy Express".Every year this special train runs through Southern California lighting up the night with over 50,000 lights glowing, animation and Santa and all his helpers riding on board to collect new unwrapped toys and sporting equipment to benefit the "Spark of Love Toy Drive".The goal is to make stops at all the terminal throughout Southern California starting its journey on November 17th and making its last stop on December 16th.It will be making its special appearance at the Burbank on Decemebr 7th at 6:15 pm and will pull back out shortly after.  Try to get their early as this is a very popular event.  It will be arriving at th... 11/18/2007

The Burbank Mayors Annual Christmas Tree Lighting CeremonyWhere - Front Step of the Burbank City Hall, 275 E. Olive Ave.When - Saturday, December 1, 2007 from 6 - 6:30pmThis event will feature:Santa Claus(will stay until 8pm for photos - BRING YOUR CAMERA)Providencia High School ChoirAdult Contemporary Artist - Valencia VasSpecial Guests Mickey & Minnie MouseEmceed by Karen Sharp of KOST 103.5Immediately after the lighting of the tree you can enjoy the Magical Christmas Caroling Truck, City Council, and other special guests spreading holiday cheer all through the streets of Downtown Burbank until 9pm.  They will be having live giveaways along the way!!!!!For more information please call (818)238-5300 or (818)238-5173  11/17/2007

The City of Burbank, Parks, Recreation & Community Services Department Present:BREAKFAST WITH SANTACome spend the morning with Santa while participating in Crafts, Games and Letters to SantaWhen - December 8th, 2007What time - From 8:30 - 10amWhere - Burbank Towne Center Food Court, 201 E. Magnolia Blvd. 3rd FloorHow Much - $7 per person(kids under 2 FREE)Seating is limited so please purchase your tickets in advance.You can purchase tickets at the following locations:Administrative Services Building - 301 E. Olive Ave. 3rd FloorMcCambridge Recreation Center - 1515 N. Glenoaks Blvd.Olive Recreation Center - 1111 W. Olive Ave.Verdugo Recreation Center - 3201 W. Olive Ave.Burbank Town Center Customer Service Desk 1st Floor - 201 E. Magnolia Blvd. 1st Floor.For More information you can call... 11/17/2007

This week saw volatile trading sessions , concerns over rising fuel costs and the now usual credit rumors. Items of note: Pending Home Sales for September increased 0.2 percent higher to 85.7. But a look at the year over year data – down 20.4 percent — tells a more meaningful story. Still the data is no worse and possibly a turning point compared against the 21.5 percent drop for August.Fed Chairman Bernanke announced that, in an effort to create more transparency, it would start to give quarterly enonomic forecasts as opposed to the biannual forecasts and that it would give a 3 year as opposed to the current 2 year forecast.The amount of foreign investments in the US for September came in at $26.4B, which is not a large amount but was a relief compared to the large contraction of forei... 11/16/2007

Burbank Homes For Sale by Lupe Soto, Bilingual Realtor (Spanish/English) 818-968-3718The value of southland homes are back to what it was in year 2005, according to a report released yesterday and if the trend continues it could soon be 2004 prices all over again.The medium price last month was $444,000, the lowest since April 2005, according to DataQuick Information Systems.  That is a 3.9% drop from September and a 8% decline from October 2006.The number of homes sold slipped to a 20-year low.  Is this the bottom that we are looking for?  It's a Buyer's Marke, So, When are you going to buy?  Important Facts That Will Affect Real Estate Prices Over Next 20+ years.On the positive side, Pending sales of previously owned U.S. homes unexpectedly rose in September, but the outlook for the h... 11/14/2007

Burbank Real Estate by Lupe Soto 818-968-3718.   DID YOU KNOW THAT.....Burbank Chamber of Commerce Ranked 14th Largest in L.A. County Los Angeles Business Journal, October edition has ranked our Burbank Chamber of Commerce14th largest in Los Angeles County based on 2007 income budgets.  Last year we were ranked 15th. Congratulations to our Chamber Executives for their hard work!  Please note that 13 Chambers ranked higher than ourselves receive financial subsidies from their cities.  At the same time the San Fernando Valley Business Journal had determined we are the 4th largest Chamber in the "Greater San Fernando Valley" area based on total members.  Geographically we are the largest Chamber to actually reside in the San Fernando Valley, as the three Chambers ranked above us (Santa Cla... 11/14/2007

Striking 3 bedroom, 3 bath, 2248 sq. ft. home in the Burbank hills. Hardwood floors, crown molding, plush carpeting, dual pane windows and a flowin floor plan. Granite kitchen, custom tiled flooring. Family room with french doors to the tropical backyard party patios and pool with spa, slide and waterfall. An entertainer's dream home! To preview the finest Real Estate in Burbank, Santa Monica, Beverly Hills, Malibu, Brentwood and Pacific Palisades please visit my website. When you are ready to view homes or have any questions regarding selling your home, please contact me. 11/14/2007

Burbank has beautiful homes and affordable condos & townhouses for saleBurbank CA "The Media Capital of the World" - Welcome to Burbank CA.Find your next home or condo visit www.HomesWithLupe.com  Lights, Camera, Burbank! Billing itself as the "Media Capital of the World" , Burbank is an entertainment-oriented city that prices itself on its quality of life, combining 21st century technology with a small-town feel.  Many employees in the motion picture and television studios live in Burbank. If you are looking to live or relocate to Burbank CA, please call Lupe Realtor in Burbank for fast responses (818)276-6882 or CONTACT LUPE click here   PREVIEW ALL BURBANK LISTING HOMES CONDOS TOWNHOMES FOR SALE RIGHT NOWwww.HomesWithLupe.com    Burbank CA offers many newer construction condos & town... 11/13/2007

Lupe Soto, Realtor is a feng shui lover & student and uses a compass to identify & activate the money spot in the house. Feng Shui tips to sell your home quickly and above asking price.Applying the principles of Feng Shui is a popular tip on selling your home. Implementing a few Feng Shui tips, a seller's home will be sold for a higher asking price and their will be a reduction in the time the home is on the market. There are many simple and inexpensive home selling tips available to make the home more marketable.The first rule of Feng Shui is to declutter. Go through your home and start packing things away especially in the kitchen. Get rid of all those appliances strewed across the counter top and place them in boxes and store them away while your home is being shown.Another place pro... 11/10/2007

  Monday 12 US Holiday…..Veteran’s Day! Pending Home Sales Index Tuesday 13 ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending. Redbook a timely indicator of consumer spending and also represents about 10% of total retail sales. This measure tracks weekly sales from discounters, chain and department stores. 3 & 6 Month Bill Auction Treasury Budget Consensus $-59.0B Wednesday 14 MBA Purchase Applications measures applications at mortgage lenders. This is considered a leading indicator for single family home sales and housing construction. Producer Price Index PPI Consensus .4% percent Retail Sales Consensus 0.2% Business Inventories Consensus 0.4... 11/10/2007

Very volatile week with lots of interesting news. The Dow plunged 224 points after a volatile session, the S&P was down 21.07 or 1.4% and Nasdaq was down 68.06 or 2.5%. Financial stocks are under pressure again, and they are bringing down most stocks. Today both Wachovia and Fannie Mae released a dismal earnings report and rumors abound about Barclay’s bank potential losses due to their Collateralized Debt Obligations(CDO’s). The University of Michigan Consumer Sentiment Survey fell to 75 vs. the expected 80. Except for the 74.2 hurricane-related reading in October of 2005, this is the lowest consumer sentiment reading from this survey since 1993! Fed Chairman Bernanke’s appearance before the Joint Economic Committee on Thursday yielded some very interesting comments. He expects economi... 11/09/2007

Lupe Soto, Burbank & San Fernando Valley Real Estate Services A buyer's market is technically defined as: "A market condition characterized by an abundance of goods available for sale."  Find your next home or condo, FREE HOME SEARCH with address - any price - any area - anytime 24/7, click here or go to http://www.HomesWithLupe.com       The in-depth definition from the same source is: "When a buyer's market exists in commodities, the buyer is able to be selective in purchasing contracts, as there are many individuals wishing to sell. Furthermore, these buyers will generally be able to purchase contracts at lower prices than those that were previously prevalent."       The simple version is: when no one else wants a product of value -- buy it, because the price will be lower whereby yo... 11/08/2007

11/09/07 Report prepared by Lupe Soto, Realtor U.S. STOCKS LOWERED AFTER FED CHAIRMAN B. BERNANKE TESTIFIED BEFORE CONGRESSThe U.S. economy not only faces the risk of a sharp slowdown from the housing market's contraction but also of an inflationary surge from sharply higher crude-oil prices and the weaker dollar, Federal Reserve Chairman Ben Bernanke testified before Congress today 11/8/07.read more... Dollar Falls on Fed testimony Nasdac loss biggest monthly drop since July 2004 S&P & Dow losses biggest monthly drop since Dec 2002 Investors Tip:  Buy Low, Sell High.  Is this a good time to invest in strong companies or sectors hit by Wall Street Market News today.  My answer is Yes, but do your diligence and diversify your investments.  Please talk to a financial investor to invest in... 11/08/2007