Introducing Lucio Bernal
As a Realtor in the Los Angeles area for the past 12 years, Lucio Bernal has been an instrumental part of moving real estate from Listing to Sold in an ever-changing market. He launched his career with a bang as a Brokerage Partner in Seattle in his early twenties and has been on a roll ever since…
Category Archives: Los Angeles Real Estate
Consumer Confidence On The Rise!
This week, the three major indicators for a rebounding housing market are strongly pointing to the positive with rising sales, rising new construction as well as rising consumer confidence. Furthermore, with record low mortgage interest rates, an eight thousand dollar home federal buyer’s tax credit and a ten thousand dollar state buyer’s tax credit, it [...]
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Consumer Confidence On The Rise!
This week, the three major indicators for a rebounding housing market are strongly pointing to the positive with rising sales, rising new construction as well as rising consumer confidence. Furthermore, with record low mortgage interest rates, an eight thousand dollar home federal buyer’s tax credit and a ten thousand dollar state buyer’s tax credit, it [...]
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West Hollywood Palm Project Faces Lawsuit
Two land use activists have filed a lawsuit to halt the 62-foot-tall mixed use Palm Project at 9001 Santa Monica Boulevard. Jeanne Dobrin and Allegra Allison contend that by patch-fixing the City’s general plan to increase maximum height from 45 feet to 62 feet, the West Hollywood City Council engaged in "spot zoning," an illegal [...]
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Looking Back on 2007 Real Estate
As the new year arrives, I find it helpful to review the year that just ended. 2007 was a very positive year. In fact, had the two preceding years not been so stellar, 2007 may have been hailed as an excellent year for real estate.
President Bush Signs H.R. 3648, The Mortgage Forgiveness Debt Relief Act of 2007
When your home is losing value and your family is under financial stress, the last thing you need is… higher taxes. So I’m working… to pass a bill that will protect homeowners from having to pay taxes on cancelled mortgage debt." President George W. Bush, September 1, 2007 The President took steps to make good [...]
Subprime Crisis Opportunities
In the fourth part of our series on the subprime crisis, we focus on the new opportunities surfacing and how to take advantage of them. Need to read the previous installments? Check out The Subprime Crisis: A Beginner’s Guide, Subprime Crisis Effects in Los Angeles, and Subprime Crisis Challenges. The subprime crisis presents unique opportunities [...]
Subprime Crisis Challenges
In the third part of our series on the subprime crisis, we focus on the challenges presented to homebuyers. Need to read the previous installments? Check out The Subprime Crisis: A Beginner’s Guide and Subprime Crisis Effects in Los Angeles. The subprime crisis affects everyone. "But I have excellent credit," you might be thinking. "Why [...]
Subprime Crisis Effects in Los Angeles
In the second part of our series on the subprime crisis, we focus on how Los Angeles has been affected. Need to read the first installment explaining the crisis? Read The Subprime Crisis: A Beginner’s Guide. The City of Los Angeles has avoided the effects of the subprime rampage many parts of the country have [...]
The Subprime Crisis: A Beginner's Guide
Stories about the subprime crisis are in the news daily. It has led to falling proprety prices, a slowdown in the economy, and billions in bank losses. But do you really know what subprime means? What effect has it had in Los Angeles? What challenges does it present, even to those with excellent credit? What [...]
