Friday, August 28, 2009

Palos Verdes California - Fire Approched Residendial Areas Areas - Los Angeles C



The Palos Verdes fire is 35% contained and will be fully controled in the next few days, no homes were destroyed and only 6 homes suffer minor damaged, it went out of control after 8:30pm yesterday evening 082709. It already burned 100 acres.

Palos verdes is a ritzy area and site of million dollar homes, it is part of Los Angeles County.

Tuesday, August 11, 2009

Mortgage Interest Rates as of 08/10/2009

Loans up to $417,000 Rate APR
30 Year Fixed 4.625% 5.011%
15 Year Fixed 4.125% 4.770%

Loans up to $1,000,000 Rate APR

5 Year ARM 8.875% 6.245%

5 Year Interest Only ARM 9.000 6.289

FHA Rates Rate APR
30 Year Fixed 5.000% 5.497%
15 Year Fixed 4.250% 4.915%

Los Angeles County Real Estate Home Sales Statistics 2008/2009

Sales Statistics For LOS ANGELES County CA
Realist's most recent recording date for this county is 08/05/2009
Single Family Residence
Time Period Number of Sales Median Sale Price
Jun 2009 5,179 $340,000
Jun 2008 3,844 $427,500
May 2009 4,183 $325,000
May 2008 3,678 $435,000

2009 YTD 27,145 $325,000
2008 43,633 $405,000

Condominium
Time Period Number of Sales Median Sale Price
Jun 2009 1,698 $355,000
Jun 2008 1,327 $400,000
May 2009 1,302 $320,000
May 2008 1,276 $395,000

2009 YTD 8,242 $330,000
2008 14,757 $385,000