by Phyllis Rockower | May 13, 2017 | Uncategorized
These have always been a pain to investors. Should we deal with the city and hope they don’t make you rip the whole thing down? Or should you just stay quiet. It’s a crapshoot. You really don’t know what to expect. Many people – not just investors- turn their...
by Phyllis Rockower | Apr 29, 2017 | Uncategorized
Temecula is the hot area they are cultivating.It’s much closer than napa. They estimate there are 20 million people living within 2 hours who would travel for tours and sales. There is already a winery there, called Avensole but the biggest one won’t open...
by Phyllis Rockower | Apr 22, 2017 | Uncategorized
L.A. Times article. “Los Angeles lawmakers voted Wednesday to stiffen city rules about the demolition of rent-controlled apartments, But business groups have challenged whether the plan is fair — and whether it will stand up in court. Under a California law called the...
by Phyllis Rockower | Apr 22, 2017 | Uncategorized
In the span of a few decades, Los Angeles area construction went from an industry that was two-thirds white, and largely unionized, to one that is overwhelmingly Latino, mostly nonunion and heavily reliant on immigrants, according to a Los Angeles Times review of...
by Phyllis Rockower | Apr 20, 2017 | Uncategorized
Mtg rates going down even though the fed increased interest rates? Why the heck is that? The average rate of a 30-year fixed mortgage fell to 4.08% this week, the fourth consecutive week of declines, and the lowest level this year, Freddie Mac reported Thursday...
by Phyllis Rockower | Mar 3, 2017 | Uncategorized
. Even though there is currently a boom in construction of new units (biggest boom since the 1920s) we are still behind the 8 ball. For years we have built less housing than is needed. The boom in the economy is adding to this. From 2000 to 2015, la added 157k new...
