Studio City, CA Real Estate News

By Pasadena Short Sale Agents Pasadena Short Sales
(Munson Realty Southern California Real Estate)
Homes In Los Angeles For Sale- Studio City Property Search-Studio City is located in the southeast San Fernando Valley. Highway 101 is the major freeway linking the area to Hollywood and the western valley. Access to other parts of the city is also provided by Laurel Canyon Blvd, Coldwater Canyon and Ventura/Cahuenga Boulevards. Ventura Boulevard is where the bulk of its commercial activity resides. Studio City earned its name in the 1920s when Mack Sennett moved his studios from a neighborhood known as Edendale (near modern Echo Park) to a property near Colfax Avenue and Ventura Boulevard. His sound stages, Mack Sennett Studios, were later renamed Mascot Pictures Studios, Republic Pictures Studios, MTM Enterprises Studios and today are known as the CBS Radford Studios. Some residents w...
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By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
Meet Jimmy McMillan - The Candidate from "The Rent Is Too Damn High" Party! He is a candidate in the New York governor's race. Althought the race is expected to be dominated by Andrew Cuomo and Carl Paladino, Mr. McMillan sure is causing alot of fireworks along the way!  And alot of laughs too. Check out his recent speech during the debate:   Los Angeles Homes For Sale Los Angeles Condos For Sale Los Angeles Townhomes For Sale
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By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
How do you "Pay It Forward"? - I want to hold YOU accountable.............2500 Bonus Points Per Month I am proposing to put together a weekly blog where our ActiveRain peeps can tell everyone how they "Paid It Forward" this week. Ever done something really nice for someone out of random, genuine concern for them? I want to know about it and share it with everyone. If you are the type that like to blog strictly about business, great.  You can share something that you did for your clients or associates that was a very kind gesture. If you are the type that like to blog about something other than business as a distraction, great.  You can share something you did with your family or friends what was a genuine act of kindness or goodwill. Here is your platform! I want to start an ActiveRain ...
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By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
Putting Zillow to The Test: My $948.60+ Adventure - Day 51 - Update Alright, peeps. So I'm 51 days into my 90-day benchmark with Zillow. Here is my activity listed on Zillow:   Here are my contacts thus far: Contact #1 - Another who wanted me to come to his open house Contact #2 - Same realtor wanting me to come to his open house Contact #3 - A prospect who wanted a showing on my Goodbee St. listing - non-responsive / dead end. Contact #4 - A prospect who wanted a showing on an REO property in my Zillow paid zip code (Yes!) Contact #5 - Zillow Executive asking me how I was doing so far (I'm flattered!) Contact #6 - A prospect who clicked through to telephone me to inquire about the same REO property in #4. We were doing great until I informed him I was not the listing agent, and he beca...
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By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
AAA Credit Screening Services - A great, affordable, reliable credit screening service. I used to get all of my credit screening done by the mortgage brokers that I work with. But then, when I needed to get a credit report for a lease client, my mortgage broker told me that they do not run credit reports for lease clients any more, just for those who were looking to obtain a loan on a property. So that led me in the direction to find a credit screening service. I found AAA Credit Screening Services. I've been using them for about a year now, and they are GREAT! I have a very simple, half-page credit request form that my prospective tenant fills out, and after I email it to AAA Credit Screening, I get the credit report back within 2 hours or less! They are really great.  It costs about $...
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By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
Just when I thought I've seen it all, then I see this. A friend of mine sent me this video.  I had thought that I've seen just about every stupid pet trick there was, but this is actually quite amazing. I mean this "dance routine" lasts about 3-4 minutes!  To see a dog do something like this is actually kind of mind-blowing to see they have the capacity to remember such a long sequence. Anyway, I though you all would enjoy:   Los Angeles Homes For Sale Los Angeles Condos For Sale Los Angeles Townhomes For Sale    
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By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
Welcome to Ralph's Weekly Feature: Two Truths and a Lie: Guess Which One Is The Lie? Each week, I'm going to feature one Active Rain Member, with their photo, and what they are going to do is tell you 2 Truths about them and 1 Lie. The object of the game is to guess which of the 3 bits of trivia about them is a lie! I will post the answer in that same blog at the end of the week on Fridays so you can all find out! It's a great way to get to know your fellow Active Rain members and staff. This week, we will be featuring: Richard Ruggaber Originally from Toronto, Canada, Richard is a Realtor with the John Aaroe Group in Los Angeles.  He was previously with Prudential California Realty for many years before coming over to the John Aaroe Group.  He was on the relocation team as well as the...
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By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
Vacant homes do not stimulate the economy........and their "ungy" I am optimistic about all that the government and banks are doing to try and make homes and loans affordable, and make short selling a property easier for a homeowner who has no other sensible alternative. As we all know, homes that sit vacant over time, on the simplest level, are just not attractive (or as my little neice would say, they're "ungy") But not only are they an eye sore and a cause for depression within the neighborhoods that they are in, more importantly they do not help stimulate the economy, which is really needed right now. A homeowner living in a home who is paying their mortgage are contributing in many ways: They are paying interest to the banks, who in turn invest their money in the national markets T...
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By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
OK. I made a choice and this was the new auto I decided to buy....... For those of you that read my blogs, you'll know that I posted a blog last week asking everyone's opinion on a good, economical car to buy that is great on gas mileage. I had currently owned a Prius and was looking at other manufacturer's autos also. Well, I guess I just caught the dealership on a slow day because they offered me a REALLY good deal. And each time I said I would think about it and come back another time, they kept adding something in or reducing the price in order for me to buy the car right there and then. Well, I decided to buy another Prius!!  I bought the 2010 model. I bought the package with the sun roof, solar panel, leather seats and built-in navigation (I HAVE to have that for showing property ...
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By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
So I think I may look into getting a new car - any suggestions from my Active Rain Peeps? I currently have a 2007 Toyota Prius.  I love my car! However, I think I may start to look for a new vehicle.  My obvious choice is to get a new Prius. But I'm always open to suggestions from people with insight and/or experience with their own vehicles. Any great or bad experiences you've had? Any great deals, or new 2011 vehicles you've read about that sounds amazing? I would like to stick to a Hybrid, but I'm still open to something that gets GREAT gas mileage. Let me know what you think. Thanks! Los Angeles Homes For Sale Los Angeles Condos For Sale Los Angeles Townhomes For Sale  
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By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
Got an accepted offer on an REO property for my buyers.....with a pleasant surprise.... We wrote a good, strategic offer for my buyers on a bank-owned REO property.  We got a counter which was do-able, and signed off. And then, as customary, we received the bank addendum.  We read that with a fine tooth comb, and nothing that is out of the ordinary for a bank addendum.  (VERY important to read the bank addendum carefully, multiple times) However, there was an additional addendum entitled "Notice Regarding Buyer's Right to Select Escrow Agent and/or Title Insurer" About a year ago, the laws changed in the state of California, specifically CA AB 957 - Buyer's Choice Act -  that mandate the buyers to have the right to choose escrow and title.  I wrote a blog about this a while ago. I was p...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Su KASA Dreams Realty)
Lupe Soto Realtor in Studio City HABLO ESPANOL assisting buyers and investors own real estate in STUDIO CITY. Are you looking for fixer uppers, bank owned, short sales, probate sales, regular sales, you have found the right place.  Free home search tool.  When YOU are ready please contact Lupe to schedule showing. Easy home search with results! STUDIO CITY CONDOS & TOWNHOUSES FOR SALE click hereincludes full property address, photos, description and more STUDIO CITY HOMES FOR SALE, click herewith full property address, photos, description and moreFREE HOME SEARCH TOOL - ANY AREA - ANY PRICE - ANYTIME 24/7, click here   Lupe Soto Realtor will help you locate the home or condo you wish to purchase and then help you own it!    
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By Adrienne Kessler
(Rodeo Realty - Beverly Hills)
Economists were expecting a month-over-month increase of 5.5. The National Association of Realtors reported yesterday that sales of previously owned homes rose an unexpected 7.6%. That continued a yearlong rise in housing activity and marked the highest number of sales recorded since November of last year. It also follows economic news signaling the possibility that the United States may be on the economic mend. Government spending has helped spur factory production. A rising stock market and an improving job market have led to greater consumer optimism, which has stimulated spending. Further reports on housing and durable goods orders, due out later this week, will likely give consumers even more reason to feel confident that a recovery is at hand. Zillow noted last week, U.S. homeowne...
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By Adrienne Kessler
(Rodeo Realty - Beverly Hills)
Some people say we're now entering a bad real estate market. I disagree. I think we're entering a great market. A bad one is when amateur investors become real estate experts and they bid up prices. They make housing expensive for homeowners, often adding little to no value to the property. They simply muddy the waters and make a valuable investment, a home, expensive. It's the amateurs who come late to the party -- and who eventually donate their money back to the professionals. What I'm saying is: Now is the time to turn pro. Now is not the time to be an amateur. It's the amateurs who jump in when the market is hot. It's the professional who comes in when it's cooling down. Get the message? When the red-hot bull market of real estate was beginning to overheat, you didn't have time to ...
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Can it be possible? Despite the housing bust and high foreclosure rates, in some areas real estate agents are complaining that they don't have enough homes to sell. In some areas, supplies are even bidding-war tight. In California, almost all cities have a short supply of single-family homes. That's especially true in the lower-priced categories, according to Leslie Appleton-Young, chief economist for the California Association of Realtors. In the higher price ranges, sales are slower than they would be because of continued problems in obtaining financing. Right now, most jumbo-mortgage lenders require down payments of 30% to 35%, but as that eases, sales of higher end homes should rise and supplies fall. Zillow surveys indicate there's a big pool of homeowners who have wanted to sell ...
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By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
Interest Rate Update 04/17/10 Interest rates improved this week for the most part, in spite of mixed economic news. The 30-Year Fixed Conforming Rate is under 5% again, so that is great. Below are some rates for the weekend. These rates are typical for the PURCHASE borrower will excellent credit and a sizable down payment, exclusive of FHA for the down payment. Take a look at FHA 5/1 ARM rates below, as those rates are at 3.5% for all loans up to $729,750-this is amazing! This can be a very attractive alternative for FHA buyers.   Conventional Loans: 30 Year Fixed Conforming---$417,000 and Below: 4.875% with 1 Point 30 Year Fixed High Balance Conforming---$417,001 to $729,750: 5.125% with 1 Point 30 Year Fixed Jumbo---$729,751 to $1,000,000: 5.5% with 1 Point 5/1 ARM Jumbo---5.0% with 1...
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By Richard Johnston
(San Fernando Valley - RE/MAX Grand Central)
If your considering buying a condos for sale in the San Fernando Valley, you'll be surprised just how few communities are FHA approved.  Searching online won't give you the knowledge you need to avoid those condos which won't qualify for an FHA loan.  It's a tedious task most real estate agent hate.  Having to check the FHA website for approval.  Now, you can purchase a condo or townhouse for only 5% down.  That's any condo or townhouse because you will have applied for a conventional loan and everybody loves a conventional loan. Here is a loan officer I can recommend for Los Angeles home-buyers: Please call Tom Cortesi with Home Services Lending at 818-817-4261 office or 323-791-8145 mobile.Here is Tom's website: http://www.homeloans.com/tom-cortesi .  Tom is great at what he does. The...
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By Richard Johnston
(San Fernando Valley - RE/MAX Grand Central)
Here in the San Fernando Valley, it's be known that if you live South of Ventura Blvd, you're living in a wealthy community and you have money.  There is an association attached to it and most people with money, prefer to live South of Ventura Blvd.  These are the words often heard: I'm looking for a:Studio City home South of the Blvd.Sherman Oaks home South of the Blvd.Encino home South of the Blvd.Tarzana home South of the Blvd.Woodland Hills home South of the Blvd. I can't tell you how many times wealthy home-buyers have told me that they are not interested to live in a home north of Ventura Blvd.  It's surprising, especially when there are beautiful neighborhoods a block or two north of Ventura Blvd. Ventura Blvd is a well known street in the San Fernando Valley.  This street stretc...
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By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
Aroma Cafe - Studio City, California - One of the best "hang out" cafes in Los Angeles I love going to Aroma Cafe - It is where many film and television people hang out for lunch and dinner. It's in a prime area of Studio City called Tujunga Village. The food is GREAT.  Always fresh and eclectic. They have a turkey hummus sandwich that is outstanding. I get the wild rice and tofu salad often.  Their wraps are very popular too. It was originally a residential home many years ago, and it was converted to a beautiful patio cafe.  The patio setting is unbelievably charming and has plenty of outdoor heaters when necessary (which isn't very often in LA) It started mostly as a coffe and tea house, and then over the years their food menu grew to what it is today. I see many celebs there - I onc...
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