It's not all snooty-snoots resisting change in Beverly Hills; city officials are learning to embrace cycling, according to the Beverly Hills Patch. The 90210 has seen many biking-related developments lately, from the city-sponsored Gran Fondo cycling tournament last month to a new biking committee tasked with shifting more trips from four wheels to two. The committee, under the aegis of the Traffic and Parking Commission, held its first community meeting last month (support was voiced for additional bike racks and "sharrow" markings on streets) and is working on updating the city's 34 year old biking plan. Beverly Hills's Deputy Director of Transportation Aaron Kunz has been attending meetings with other officials around the county so the bike plans for BH are integrated with nearby cities like LA and West Hollywood. Kunz is also working with both the Beverly Hills Unified School District--to get more bike infrastructure at city schools--and the city library, which has already agreed to add 12 bike racks serving two bikes each, likely before the fall. Pictured: Kyle Richards of Real Housewives of Beverly Hills training on television with Olympic medalist Mari Holden
· Shifting Gears to Make BH More Bike-Friendly
Thursday, July 21, 2011
Congress pushed to extend Fannie Mae and Freddie Mac Loan Limits..
(Reuters) - Congress should permanently extend increased loan limits on mortgages backed by Fannie Mae and Freddie Mac that are set to expire, the top Democrat of the House Financial Services Committee said on Monday.
"To have no recognition in federal policy of variations in housing prices makes no sense," Democratic Representative Barney Frank of Massachusetts said at the National Press Club. "The same level can't be right for the whole country."
He said the housing market remains fragile, and it would be "an especially bad time economically" for Congress to sidestep taking action on an extension of the October 1 deadline, when the maximum level for loans guaranteed by Fannie and Freddie drops to $625,500.
Congress raised the ceiling on the size of the loans in 2008 to help ease the credit crisis.
The higher limits, which vary by region, currently peak at $729,750 for single family homes in the most expensive parts of the country, except for Alaska and Hawaii, which have higher limits.
(Reporting by Margaret Chadbourn, editing by Dan Grebler)
"To have no recognition in federal policy of variations in housing prices makes no sense," Democratic Representative Barney Frank of Massachusetts said at the National Press Club. "The same level can't be right for the whole country."
He said the housing market remains fragile, and it would be "an especially bad time economically" for Congress to sidestep taking action on an extension of the October 1 deadline, when the maximum level for loans guaranteed by Fannie and Freddie drops to $625,500.
Congress raised the ceiling on the size of the loans in 2008 to help ease the credit crisis.
The higher limits, which vary by region, currently peak at $729,750 for single family homes in the most expensive parts of the country, except for Alaska and Hawaii, which have higher limits.
(Reporting by Margaret Chadbourn, editing by Dan Grebler)
Wednesday, July 20, 2011
short sale, TALLL ORDER!
This challenging transaction can be a major component of economic recovery...if we can just make it work!
VICTORY FOR HOMEOWERS!
CA Senate Bill 458 was signed into law on July 15, 2011 and is effective immediately for all short sale transactions that close after 7/15/2011. The law provides that Junior Lien Holders no longer have any deficiency rights agains the borrower of a short sale! Yay! If you have questions or require further information about this Bill 458 and it applies to you or someone you know, please dont hesistate to contact me!
VICTORY FOR HOMEOWERS!
CA Senate Bill 458 was signed into law on July 15, 2011 and is effective immediately for all short sale transactions that close after 7/15/2011. The law provides that Junior Lien Holders no longer have any deficiency rights agains the borrower of a short sale! Yay! If you have questions or require further information about this Bill 458 and it applies to you or someone you know, please dont hesistate to contact me!
Saturday, June 11, 2011
Tuesday, May 17, 2011
Believe or Not Prepare for Hurricane Season in Southern CA
Prepare the Home for 2011 Hurricane Season
RISMEDIA, May 17, 2011—Batten down the hatches—plus the windows, doors and roof. Hurricane Season 2011 starts on June 1 and—based on expert predictions—it could be a whopper. At Colorado State University, forecasters believe the number of named storms will reach 16, and they predict there’s a 72 percent chance that the entire United States coastline will be affected by at least one major hurricane landfall in 2011. The Weather Research Center in Houston has forecast at least 10 named storms in 2011 with six of them projected to intensify into hurricanes. And, they’re predicting that coastal areas in west Florida, Louisiana and Alabama have a 90 percent chance that they’ll be in the line.
RISMEDIA, May 17, 2011—Batten down the hatches—plus the windows, doors and roof. Hurricane Season 2011 starts on June 1 and—based on expert predictions—it could be a whopper. At Colorado State University, forecasters believe the number of named storms will reach 16, and they predict there’s a 72 percent chance that the entire United States coastline will be affected by at least one major hurricane landfall in 2011. The Weather Research Center in Houston has forecast at least 10 named storms in 2011 with six of them projected to intensify into hurricanes. And, they’re predicting that coastal areas in west Florida, Louisiana and Alabama have a 90 percent chance that they’ll be in the line.
Monday, May 16, 2011
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