Mortgage rates remain steady since the release of August employment figures. Amid the latest round of Fed speaker talks of rate increases, the anticipation is one increase of a 0.25% for the remainder of 2016. Last increase was in December 2015.
Mortgage rates are back to record low levels reached in 2012. Turmoil and uncertainties in Europe are driving money back into bond markets.
Los Angeles’s progressive Democrat Mayor Eric Garcetti and wife Amy Wakeland sold their modestly proportioned but still quite striking mid-century modern residence perched high on a steep slope in the ethnically and economically diverse Echo Park neighborhood for $1.7 million
Sublease – 1190 Roosevelt, Suite 200, Irvine. Offer at $1.75 per sqft. Located in the Prestigious Jeffrey Office Park in Irvine. Approx. 2480 Sq Ft of Second Floor Office Suite consists of Reception Area, 5 Offices, 1 Over-sized Conf Room, Break Room, Dedicated Tech Room with Separate AC, & Private Restrooms. Call 949.232.0828 for more details.
Housing starts and permit declined in January
5BR/4.5BA, 3800+ sqft of Living Space On a Quiet Cul-de-Sac; Open Floor Plan w/ Vaulted Ceiling, Large Living Room w/ Cozy Fireplace, Main Floor BR w/ Private BA; Gigantic Master Suite w/ Retreat, Walk-in Closets, Separate Shower & Tub