Archive for October, 2006
7 out of 12 Mortgage Delinquencies Came from California Homeowners
California real estate prices have been heating up and experts had predicted some instability with homeowners who have leveraged creative financing to stretch their already thin budget. Today’s Wall Street Journal article, “” by Ruth Simon revealed how lenders are happy to lend money even when mortgage delinquencies are on the rise. Read the rest of this entry »
Redondo Beach in Upcoming Extreme Makeover Home Edition
Some time ago Southbay Residents may remember a news story about an officer being shot and paralyzed. Officer Kristina Ripatti was a Los Angeles police officer and became paralyzed when a suspect shot her multiple times. One bullet remains lodged in her spine, paralyzing her. See the CBS 2 announcement of the show. Read the rest of this entry »
Time, Money, and Hidden Costs of Commute
Those of us in So Cal can vouch for the high cost of commute that Steve Olson describes in his calculations. Many of our friends have moved inland (San Bernardino county) because of more “affordable†housing prices. Others just moved out of state. Read the rest of this entry »
