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LA TIMES REALTY NEWS


Home prices tick up 1.3% in May
It was the second straight monthly increase, according to the Standard & Poor's/Case-Shiller index of 20 U.S. cities, but experts warn it is not likely to last. Los Angeles, San Diego and San Francisco are among the gainers.

Home prices posted strong gains in May as a federal stimulus program boosted sales. But many experts predict the housing market to soften this year as the effects of government support wane.




What the new consumer protection bureau will do for home buyers
The agency is expected to move quickly to revise rules on real estate appraisal accuracy and independence.

The financial reform bill signed into law by President Obama may look like a giant cornucopia of helpful changes for home buyers and loan applicants, not the least of which will be the creation of a powerful Consumer Financial Protection Bureau to ride herd on the mortgage lending industry.




Home of the Week: Hollywood restoration with ocean view in Laguna Beach
Part of the former estate of writer, director and producer Edward H. Griffith that once was in tear-down condition gets a top-down revamp.

Since the early 1900s, Laguna Beach real estate has been a magnet for Hollywoodtypes, including writer, director and producer Edward H. Griffith, who made more than 50 films from 1917 to 1946.




Credit rescoring can help you qualify for a mortgage
Rapid rescorings by independent, legitimate firms use procedures approved by the three major credit bureaus. They can help correct errors or omissions that are dragging down your scores.

Call it the great real estate disconnect of 2010: Mortgage rates have been at half-century lows and home prices have stabilized, but applications for mortgages to buy houses have declined most weeks during the last three months, as measured by the Mortgage Bankers Assn.




State law governs access to documents
Question: Are owners entitled to get all financial records and minutes from our homeowners association pertaining to repairs to the condominium foundations in 1998? If so, how do we go about obtaining them and is there a time limit? How soon after a request is received should the documents be provided and does the owner have to pay for them?




Hot Property: Cheryl Hines lists Brentwood home at $4,249,000
Plus the VH1 'Ochocinco' estate, Shabby Chic's Rachel Ashwell, Canadian actress Estella Warren, rapper-actor Alvin 'Xzibit' Joiner

Try not to get too excited, but "Curb Your Enthusiasm" star Cheryl Hines and her husband, producer Paul Young , have put their gated Brentwood home on the market at $4,249,000.




Builders' pricing strategies are aimed at creating sales urgency
Even in the toughest times, price hikes are far more common in the new-home business than price cuts.




Modern notes grace a historic pedigree
A 1926 estate in San Marino keeps its traditional look through an extensive restoration.

A stately traditional home with Spanish Colonial elements and a historic pedigree is the centerpiece of this oak-shaded estate in the hills of San Marino.





Brian Scott Ades. Sotheby's International Realty. Sunset Strip Homes, Hollywood Hills Homes, Doheny Estates, Venice Lofts, Silver Lake Homes, Los Feliz Homes, West Hollywood Condos, Hollywood Lofts, Laurel Canyon Homes, Franklin Hills, Venice Realtor, Santa Monica Realtor, Architectural Homes, Bird Streets.
Brian Scott Ades
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(310) 888-3743
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Brian Scott Ades. Sotheby's International Realty. Sunset Strip Homes, Hollywood Hills Homes, Doheny Estates, Venice Lofts, Silver Lake Homes, Los Feliz Homes, West Hollywood Condos, Hollywood Lofts, Laurel Canyon Homes, Franklin Hills, Venice Realtor, Santa Monica Realtor, Architectural Homes, Bird Streets.
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