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Burbank, CA Real Estate News

Are you looking to own a property in a vibrant suburb of Los Angeles? If so then have a look at the Burbank CA view real estate. Located just 12 miles north of Downtown Los Angeles is the lovely city of Burbank that offers excellent facilities along with a great living. Burbank is mainly an upper-middle class community and there are many people from the media who are a part of this city and you can find a number of studios in there. Some of the places worth visiting in Burbank include Colony Theater, Starlight Bowl, the DeBell Golf Course and many more. Shopping is a great experience in the city with some excellent shops at the Burbank Town Center, Burbank Empire Center and Downtown Burbank. Investing in Burbank will keep you close to a number of things and you will gradually get to kno...
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By Richard Johnston
(San Fernando Valley - RE/MAX Grand Central)
Burbank Bank Owned Homes Instantly view bank owned homes for sale in Burbank, CA including REO, foreclosure and lender owned homes.  This list is updated daily so be sure to bookmark this page.    [This page uses frames, but your browser doesn't support them.] If you cannot see the Burbank bank owned properties above, click this link: Burbank Bank Owned Homes for Sale
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
Stough Canyon Nature Center Literally nestled in the Verdugo Mountains, the Stough Canyon Nature Center is located at the top of Walnut Ave (2300 Walnut Ave, Burbank CA 91501).  The Nature Center has interpretive and educational displays that inform visitors of the native plants and animals in our local habitat.  There are both permanent and temporary exhibits with information on geology, insects, environmental conservation, Native American history, and astronomy.  The Nature Center is the focal point for many individuals and groups utilizing our local trails and nature programs. Stough Canyon Trails - Hiking & Mounting Biking - Dogs allowed Beginning at the top of Walnut Avenue, near the Nature Center, the fire road ledas to the Verdugo Mountainway Trail.  The Verdugo Mountainway is an...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
You can now view all available Burbank CA homes and condos for sale.  This information is filtered from the local Burbank CA & San Fernando Valley, Los Angeles County Multiple Listing Service (MLS).  The information is updated daily and deemed reliable but not guaranteed.  Please contact Lupe for more detailed information or to schedule a showing. You can view homes and condos for sale by ZIP CODE, : for sale, foreclosure, short sale, new home, by PROPERTY TYPE: single family, condo, townhouse, multifamily, commercial, land, manufactured, coop, etc. Burbank, CA by zip codes:  91501, 91502, 91504, 91505, 91506. For Equestrian properties use zip code 91506 & keyword "horses" or "equestrian" & adjust price range up to $900K or higher, for "Magnolia Park" use zip code 91506 & 91505 & keywor...
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By Richard Johnston
(San Fernando Valley - RE/MAX Grand Central)
If you are looking for a Burbank Notary, please call Notary in LA at 1-888-810-4054.  Notary in LA specializes in providing professional notary services for Burbank, Toluca Lake, Studio City, and all surrounding areas including Glendale, Pasadena, Hollywood, and West Hollywood. Finding a responsive and responsible mobile notary is difficult.  You also want a notary who is also a certified loan signing agent.  This helps ensure that your loan documents are handled professionally. Burbank traveling notaries are unique because they can meet you anywhere. Attorney's office, doctors office, nursing home, at the local coffee shop, etc...   Call Notary in LA, Notary Public & Certified Loan Signing AgentIn Burbank, CA 1-888-810-4054
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By Keith Sorem
(Keller Williams Realty)
Real Estate Market Report         Burbank, CA                      December, 2009 The Market Activity Index increased due to more properties closing escrow and fewer new listings coming on the market.     The Federal Income Tax Credit of $8,000 was to expire on November 30th which may have affected buyer decisions.     Interest rates are poised to increase in the spring, so if you are thinking by buying now is the time. The new Federal Tax Credit for buyers requires escrow to open by April 30th and close by June 30th.    Market Activity Index - 0.73- up 12 points. The market index is 0.73 increasing from 0.61 last month, compared to 0.33 a year ago.   New Listings -38 new listings, compared to 56 last month and 53 in 2008.    Pending Listings - 38 listings opened escrow, compared to 62 ...
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By Keith Sorem
(Keller Williams Realty)
Real Estate Market Report         Burbank, CA                      November, 2009 The Market Activity Index declined primarily due to two factors, a decline in new listings and a decline in closed sales.  The Federal Income Tax Credit of $8,000 was to expire on November 30th, so it may be that affected buyers decisions.  Either way, the index has declined to May '09 levels, reflecting the general economic conditions.  Interest rates are poised to increase in the spring, so if you are thinking by buying now is the time. The new Federal Tax Credit for buyers requires escrow to open by April 30th and close by June 30th. Market Activity Index -0.61 - down 4 points. The market index is 0.61 decreasing from 0.65 last month, compared to 0.26 a year ago.   New Listings -56 new listings, compare...
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By Ana Connell, Burbank Real Estate Agent
(G & C Properties)
Here are the Burbank home sales for September, October and November. If you look at the chart below, you’ll notice a few things. First, the number of new listings, while showing a brief spike in October is down. Average days on market is trending higher and the number that went under contract, or pending increased, most likely to all those buyers that were trying to get in before the initial November 30th deadline for the home buyer credit. Average list price is down and the percentage of sales price over list shows that homes are selling for very close to the listed price. This tells us that properties, for the most part, are being priced well and we’re not seeing huge discounts over the list price. Average sales prices are down from September levels, and seem to be adjusting back to t...
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By Keith Sorem
(Keller Williams Realty)
Real Estate Market Report          Burbank, CA                     October, 2009 The Market Activity Index declined due to a jump in new inventory, namely two condo projects.  Contrary to Glendale, the developers in Burbank are by and large opting to sell their new projects, while in Glendale they are opting to lease them.  This is a great time to buy, with the extension of the income tax credit and the favorable interest rates, which are predicted to increase in the spring when the stimulus funds are exhausted.    Market Activity Index -0.65 - down 16 points. The market index is 0.65 decreasing 16 points from 0.81 last month, compared to 0.44 a year ago.   New Listings -80 new listings, compared to 53 last month and 79 in 2008.    Pending Listings - 53 listings opened escrow, compared ...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
 "HOLIDAY IN THE PARK" PROGRESSIVE PARTY AND DISTRICT-WIDE OPEN HOUSE Friday, November 20 from 5:30 P.M. to 9:30 P.M FREE  Magnolia Park Holiday Newsletter Magnolia Passport 2009 Magnolia Park Partnership is pleased to present Holiday in the Park, a district-wide open house party that meanders from store-to-store and covers 16-blocks on Magnolia Boulevard between Buena Vista and Pass Avenue and on Hollywood Way between Chandler and Clark in Burbank . It's a seasonal celebration that includes more than 100 shops and restaurants, attracts thousands of revelers and happens Friday, November 20 from 5:30 P.M. to 9:30 P.M. Holiday in the Park is free and open to the public. Now in its 20th year, this neighborhood classic is a feast for the senses with scores of in-store events, free gifts, ta...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
Escrow is a process that evolved to ensure protection for all parties to a real estate transaction.  A "neutral third party" or "stakeholder" was nominated to hold the funds until the purchaser received appropriate assurance that the property had been transferred.  An escrow may also be created for other purchases, although it is most commonly used during the transfer of real estate.  Today the escrow is overseen by an escrow officer employed by an independent escrow company or title company.  All parties are protected because the escrow holder will retain funds and document until all of the instructions are fulled. An escrow is created when money and/or documents are deposited with the escrow officer.  The escrow Officer's authority is strictly governed by written instructions, mutuall...
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By Mario Villagran, MBA, Realtor
(U.S. Spaces)
We are in a recession, wait I think they are saying we are out. Doesn't really matter on an individual basis because you can choose to participate in a recession or adapt and go about living your life. I choose to adapt. I don't have the luxury of going to a car wash and waiting for my car to be washed anymore. I have found an alternative that not only saves me money but time and I get a little bit of exercise. I know DIY (Do It Yourself) isn't a new concept in real estate but it was a forgotten concept when it comes to our cars. I just want to share this option with our local community because I have found it very beneficial. Zeavy Car Wash is a do it yourself car wash located at 520 S. Victory Blvd in Burbank between Verdugo and Alameda. This is one of those car washes we used to refe...
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By Marla Hofstee, Design by Marla- Home Staging, Burbank & Los Angeles, CA
(Design by Marla)
It's coming.  Like it or not, the holiday season is here.  We've made it through Halloween, on its heels is Thanksgiving and then with a blink of the eye , we have Hanukkah and Christmas.  It always seems that we pack about 3 or 4 months of effort and activities into about 2 months.  We have a solution.  Hire someone to help with your holiday decorating!  Announcing--Holiday Design by Marla-- We will work with you to design the perfect holiday decoration plan for your business or home.  We focus on interior Christmas trees but we can add wreaths, garlands, centerpieces or other decor that will enhance the festive holiday atmosphere of your space.  All of are trees are custom and unique.  You will not find the same tree anywhere else.  These are some of the trees we have done:  •¨      S...
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By Ana Connell, Burbank Real Estate Agent
(G & C Properties)
The FAA (Federal Aviation Administration) ruled this week against the Burbank-Glendale-Pasadena (Bob Hope Airport) Authority's application for a mandatory curfew from 10pm-6:59am.  The news released this week, for those of you, like me, who have been following this issue for many years is disheartening, but not surprising. To give you some background, Burbank, Los Angeles and Glendale residents have been advocating for this curfew since the 1970's.  There is currently a voluntary curfew in place, but residents would like to make it mandatory as they see a risk of increased air traffic in the future. On the good news front, this was the first application ever to make it through the entire FAA review process.  The problem is that if the FAA rules for this curfew, then other smaller airpor...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
Lupe Soto, Burbank Realtor, Short Sale Specialist serving Burbank, CA, San Fernando Valley, Palmdale & Greater Antelope Valley, Los Angeles County in Southern California.  Call for faster service (818)968-3718 or email Lupe@HomesWithLupe.com   The Southern California median price remains at 2002 levels and is 46% below its peak level of $505,000 set in 2007. Southern California's housing market took another small step toward recovery in September as the median sales price for homes in some areas rose above last year's levels -- the first such increases since the market crashed. The median price paid for all homes in six Southland counties in September -- $275,000 -- was unchanged from August and 11% below the same month last year, according to San Diego-based MDA DataQuick. But in Orang...
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By Keith Sorem
(Keller Williams Realty)
Real Estate Market Report         Burbank, CA         August, 2009    Market Index -0.73 -  down 21 points. A market index of above 1.20 is a seller's market, between 0.80 to 1.20 is a balanced market, and below 0.80 is a buyer's market. The market index is 0.73, dropping 21 points from 0.94 last month, compared to 0.37 a year ago.   New Listings -81 new listings, compared to 66 last month and 74 in 2008.    Pending Listings - 58 listings opened escrow, compared to 69 last month and 36 last year.    Pending Ratio - 0.72, compared to last month's  1.05.  Last year's was .49. Listing Inventory - 172 homes on the market, compared to 153 last month.  Last year - 260 listings.   Sold Listings - 68 listings sold during the month, compared to 75 last month and 59 in 2008.    Absorption Rate - ...
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By Keith Sorem
(Keller Williams Realty)
Real Estate Market Report         Burbank, CA           July, 2009 Market Index -0.94, highest in TWO YEARS! A market index of above 1.20 is a seller's market, between 0.80 to 1.20 is a balanced market, and below 0.80 is a buyer's market. The market index is 0.94, jumping 10 points from last month's 0.84.   New Listings - 66 new listings, compared to 42 last month and 64 in 2008.    Pending Listings - 69 listings opened escrow, compared to 62 last month and 47 last year.    Pending Ratio - 1.05, compared to last months high of 1.48.  Last year's was .64.    Listing Inventory - 153 homes on the market, compared to 159 last month, is the lowest in two years. Last year - 263 listings.   Sold Listings - 75 listings sold during the month, compared to 71 last month and 70 in 2008.    Absorpti...
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By Keith Sorem
(Keller Williams Realty)
Real Estate Market Report         Burbank, CA           June, 2009    Market Index -0.84, highest in TWO YEARS! A market index of above 1.20 is a seller's market, between 0.80 to 1.20 is a balanced market, and below 0.80 is a buyer's market. The market index is 0.84 - the highest one month gain in the last two years, jumping 20 points from last month's 0.64.   New Listings -42 new listings, compared to 55 last month and 66 in 2008.   Pending Listings - 62 listings opened escrow, compared to 63 last month and 58 last year.   Pending Ratio - 1.48, the highest pending ratio of the year!  Last year's was 0.88.   Listing Inventory - 159 homes on the market, compared to 189 last month, is the lowest in two years. Last year - 276 listings .   Sold Listings - 71 listings sold during the month, ...
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By Laura D'Anna, Media Carrot Photography
(MediaCarrot photography)
I got a call from Amber Fonzen, Event Coordinator for Hollywood Billiards, to photograph their facilities. I had heard of Hollywood Billiards from my husband's stories of studio wrap parties there. Other than that, I had no idea what to expect. I was very excited to see what I was up against. I was very pleasantly surprised to see such a cool building! There are some really great nooks and crannies around for parties or just a nice night out playing pool. This place has great ambiance and a great feel. All in all, I think I was there for 2 hours photographing still photos and virtual tours. Amber, the owner Jeff, and the staff were really great to work with and so helpful. Take a look at the virtual tour and the still photographs below. I'll definitely be back to Hollywood Billiards. I ...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
Lupe Soto, Burbank Realtor, Burbank Real Estate, Burbank Homes for Sale, San Fernnado Valley Real Estate (818)968-3718 For centuries farmers have known to plant their crops by the cycles of the Moon.  The Moon moves rapidly through the constellations of the zodiac, and aligns with the Sun (conjoins) once approximately every twenty-nine and a half days.  This is called the New Moon, and is that period of time where we cannot see the Moon in the night sky.  The New Moon is the time that promotes all forms of growth .  Anything initiated on those days will be met with rapid growth : a business venture, a relationship, a creative project. The New Moon is fruitful for strong new beginnings.  Each month we will have a New Moon and the opportunity to benefit from its power! NEW MOON IN CANCER ...
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