Posted on January 9th, 2012 by Carlo Capomazza
That’s right: 4 of America’s 10 Richest Zips of 2011 are in California: No.10: Santa Monica’s 90402, No. 9: Los Alto’s 94022, No. 6 Los Angeles’ 90077, No. 5 Portola Valley’s 94028, No. 4 Beverly Hills’s 90210. Not a big surprise since key developments in the early 20th century included the emergence of Los Angeles [...]
Filed under: Commentary, Economy, Lifestyle, Real Estate Market, VRN | No Comments »
Posted on October 2nd, 2011 by Carlo Capomazza
Nearly half of all owners with mortgages have at least 25% equity stakes in their properties, and about a quarter of owners with mortgages have more than 50% equity, a new study shows.
Filed under: Buying, Commentary, Economy, L.A. Times, LA Area, Luxury Properties, Real Estate Market, Relocating to LA, VRN | No Comments »
Posted on October 1st, 2011 by Carlo Capomazza
I don’t normally send out requests to sign petitions as I’m not sure how effective they are and I think we all get petitioned out. A personal call or letter to your elected official is often the best way to be heard.
* In this case though I think it is very important to respond to the request to sign the petition for the FairTax’s consideration on the whitehouse.gov site.
Filed under: Current Events, Economy, IRS, Petition, Politics, Tax Issues, VRN | 1 Comment »
Posted on September 23rd, 2011 by Carlo Capomazza
But behind the pomp and pageantry, Solyndra was rotting inside, hemorrhaging cash so quickly that within weeks of Mr. Obama’s visit, the company canceled plans to offer shares to the public. Barely a year later, Solyndra has become one of the administration’s most costly fumbles after the company declared bankruptcy, laid off 1,100 workers and was raided by F.B.I. agents seeking evidence of possible fraud.
Filed under: Commentary, Current Events, Economy, Electronics, Green Living, Home Improvement, News, Politics, Technology, VRN | No Comments »
Posted on August 9th, 2011 by Carlo Capomazza
The Federal Reserve on Tuesday said that the risk of a downturn in the nation’s economy had increased, and that it was prepared to use additional policy tools, including extending its period of exceptionally low interest rates, until at least 2013.
Filed under: Current Events, Current Mortgage Rates, Economy, Mortgage Rates, VRN | No Comments »
Posted on August 9th, 2011 by Cartoon Blog
Hyper partisanship and the messy battle to raise the debt limit has caused the approval ratings of Congress to sink. A recent CBS News/New York Times poll even had the disapproval rating of Congress at 82 percent, the highest in decades.
Filed under: Cartoon, Commentary, Economy, Fannie Mae, Humor, Politics, VRN | No Comments »
Posted on July 30th, 2011 by Carlo Capomazza
Cartoon:
Obama: Let’s compromise. You collect more money and I’ll reduce our speed.
House of Representatives, the most accurate representation of the citizenry unlike the good ole’ boy Senate: Mr. President change course we’re going to crash.
Filed under: Cartoon, Economy, Politics, VRN | No Comments »
Posted on July 28th, 2011 by Carlo Capomazza
The Pending Home Sales Index rose 2.4 percent to 90.9 in June. All regions show double-digit gains from a year ago.
Filed under: Buying, Economy, NAR, Real Estate Market, VRN | No Comments »