Business

Business, Real Estate

Pasadena Real Estate Broker and Associate Arrested

Pasadena Real Estate Broker and Associate Arrested $2.3M in Mortgage Fraud alleged Allen Shay, 55, of Pasadena, and 44-year-old Eddie Turner of Altadena have been charged with multiple felony counts of Grand Theft, Recording False Documents and Perjury. The Los Angeles County Superior Court case number is BA424226. Allen Shay is a licensed real estate…

Business

Metro board awards $927.2 Million contract to Skanska

The Los Angeles County Metropolitan Transportation Authority (Metro) Board of Directors today approved a $927.2 million contract to Regional Connector Constructors, a joint venture between Skanska USA Civil West California District, Inc. and Traylor Brothers Inc. to design and build the Regional Connector Transit Corridor Project. The Regional Connector light rail project will complete a…

Real Estate

55 percent of Americans have no will or estate plan

Research shows Americans are coming up short when it comes to being financially prepared. In fact, LexisNexis reports that more than 55 percent of American adults do not have a will or estate plan. A study by LIMR, a financial research company, revealed 50 percent of U.S. households say they need more life insurance. When…

Real Estate

California home sales spring higher in March

Diminishing affordability slowing market, A.A.R. reports California’s housing market ticked upward in March to reach the highest level in four months, but sales were still lower than a year ago as declining housing affordability continues to put downward pressure on the market, the ARCADIA ASSOCIATION OF REALTORSA!X (A.A.R.) said. Closed escrow sales of existing, single-family…

Real Estate

Median home prices up statewide

The median home price in Los Angeles County and statewide is up significantly for January of this year over the same month in 2013, according to a report published by the California Association of Realtors. According to that report, the median home price in the county has increased 21.1 percent to $423,570, while the median…

Century 21 Village honors top producers for 2013
Real Estate

Century 21 Village honors top producers for 2013

Andy Bencosme, Managing Broker at CENTURY 21 Village Realty in Sierra Madre recently presented the annual sales production awards to the office’s top sales producers. The annual awards breakfast was held at The Only Place in Town Restaurant in Sierra Madre. Bencosme thanked all of the agents present for their hard work, professionalism and complete…

Real Estate

Home sellers excited about the market again; regain confidence to repurchase, survey finds

Home sellers are more optimistic about repurchasing a home than in the past few years, thanks to strong growth in home prices, record-low interest rates, and better personal financial situations, reports the Arcadia Association Of Realtors®.    The “2013 California Home Sellers Survey”, as conducted by the California Association of Realtors® says more than two-thirds (69…

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