Why Malibu Real Estate Is Hot Again

When the economy went into a free fall in the dark days of 2008 and 2009, buying a second, third or fourth home quickly became less of a priority for the wealthy. Even Malibu was not immune to the downturn. Sales volume and prices in the tony beach community plummeted, and the market has been treading water ever since. There are signs that 2011 might be different. Sales were up for April, and the summer rental market is starting to heat up, too. Consider the deals that went down during Read more [...]

Huntington Beach homes market speeds up

Surf City's housing market has sped up recently -- and is faster than a year ago. Every two weeks, Orange County broker Steve Thomas publishes a report on the supply of local homes for sale. Here's what the latest report -- as of May 26 -- has to say about Huntington Beach … 653 residences listed in brokers' MLS system with 199 new deals Read more [...]

Bill Richardson listed as bribery trial witness

Former New Mexico governor Bill Richardson is on the witness list in the trial of a Las Cruces judge accused of bribery, the Albuquerque Journal reports. Richardson is joined on the witness list by more than a dozen judges. District Judge Michael Murphy is on trial for allegedly paying for his judgeship. Murphy was indicted May 13 on charges of bribery, criminal solicitation and intimidation of a witness for allegedly telling a prospective judge in 2007 that she needed to make payments to a local Read more [...]

5 Things: Fall Soccer Registration, Toddler Time

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Life on the green streets

'Prettier than Paris' ... the UNESCO World Heritage-listed canal belt of Amsterdam. Photo: Getty Images Gabriella Le Breton is led up the garden path in Amsterdam. It's my idea of a sightseeing dream come true: to stroll into some of the most stunning houses in one of the world's most beautiful cities and catch a glimpse of how the locals live. On the third weekend of June, Read more [...]

Backing Out of a Short Sale

By June Fletcher Q. We made an offer on a short sale home more than three weeks ago and have not heard back from the seller's lender. We need to move into a new home soon so our children can get settled before school starts. We are tired of waiting and are thinking of backing out of the deal. Will we get our escrow deposit back? --San Francisco, Calif. A. As you have discovered, 'short sale' does not mean 'quick sale'. Despite efforts Read more [...]