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#Realestate Housing market may be nearing equilibrium, latest price numbers indicate

In a Federal Housing Finance Agency survey of the nation’s 32 largest metropolitan areas, 16 showed price increases and 16 registered declines in the second quarter.


Nationwide, the average price of both new and existing homes sold in the second quarter fell 1% from the same quarter a year ago, according to the latest government figures.



Home of the Week update: Equestrian ranch #realestate

Equestrian ranch Location: Mesa area of Topanga Canyon Size: There are five bedrooms and 5 1/2 bathrooms in 4,700 square feet of living space. The lot is 6.5 acres. Published on: Oct. 8, 2006 Listed then for: $5.85 million Relisted for: $4,199,000 this April Price reduction: 28.2%

If homeowner requests an agenda item, must he or she attend meeting?

Question: I asked my homeowner association’s board of directors to place a matter regarding windows on the agenda for the next board meeting.


Classes and events around the Southland

SEPT. 12


Pop star Natasha Bedingfield purchases Los Feliz home for $2.3M

Pop star Natasha Bedingfield, who launched her own British invasion of the U.S. airwaves with such often-played hits as “Unwritten,” has purchased a home in the Los Feliz area for $2.3 million. Read more here.

California homeowners facing insurance rate hikes

In a state parched by a three-year drought, wildfires are at least partly to blame for the price increases, industry officials and even some consumer advocates agree.


As California heads into another season of wildfires that have been growing more frequent and more ferocious, homeowners are facing higher prices to insure their property.



On the Market: Homes in the Valley for about $700,000

1102 Olmsted Drive, Glendale 91202



Is Angelo Mozilo a villain or just vilified?

The former Countrywide chief is awaiting verdicts in the courtroom and history.


When David Gautreaux volunteered to assist at a charity golf tournament in Thousand Oaks two years ago, he was eager to meet the event’s host, Angelo R. Mozilo, then chief executive of mortgage giant Countrywide Financial Corp.