- 6 outta 10 towns are in sunny California
- 2 outta 10 are in the Bay Area (Oakland leads the pack at #1. San Jose comes in at 4th place.)
- 9 outta 10 are on the West Coast!
Innerestin' stuff! Realtor.com has compiled the cities that are making the most inroads to housing recovery:
It wasn't long ago when downtown LA was known as just Skid Row. It's recent renaissance has exploded the need for housing. Anyone know why it's mostly geared toward rentals, and not condos? It's like the opposite of SF, where people complain there aren't enough rentals. Planetizen breaks down the numbers:
"A dearth of apartments is fueling one of the city's largest building booms in years," reports Dawn Wotapka. "There are about 14,000 apartment units in downtown Los Angeles. About 5,100 units are under construction, and more than 3,400 units were built between 2008 and 2013, according to Polaris Pacific, a real-estate sales, marketing and research firm. More than 3,000 additional rental units have been approved, with another 7,000 proposed. Meanwhile, there are only 17 condo units for sale and 68 under construction.
Currently on view at the National Museum of Modern and Contemporary Art in Seoul, South Korea, the house is part of the installation "Home Within Home," which features two giant representations of the artist's former homes -- all constructed from fabric.
UPDATE: so the owners of Petra have dismissed the story as rumor! Who knows, maybe the deal just hasn't closed yet!?
Teresa Giudice Indicted for Claiming She Earned $15k/mo as a Realtor!...Spin-Off Series Real JailBirds of NJ Coming Soon??
The peeps at TMZ say:
"Real Housewives of New Jersey" star Teresa Giudice says she's NOT a dirty, scheming liar who falsely claimed to be a realtor in 2005 just to get a bank loan.
Teresa -- along with her hubby Joe -- just left court in NJ where the couple pled not guilty to 2 new bank fraud charges stemming from allegations they filed a false application to get a $361k mortgage loan.
In the docs, officials say Teresa claimed she was employed as a realtor and made $15k per month. In fact, officials say, Teresa was "not employed outside the home at the time.”
If convicted, T and J could face up to 30 years in prison and a $1 million fine.
The new counts bring the total criminal charges against the couple to 41 -- ranging from conspiracy to commit mail and wire fraud to bank fraud, bankruptcy fraud and making false statements.