Fed Chair Powell Says Smaller Interest Rate Hikes Could Start in December
But he cautioned that monetary policy is likely to stay restrictive for some time until real signs of progress emerge on inflation. Full Story
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Attention Property Owners: Los Angeles and Santa Monica Approve ‘Mansion Tax’ Ballot Measures, Increasing Transfer...
Measure ULA takes effect on April 1, 2023. Under Measure ULA, there will be an additional “Homelessness and Housing Solutions Tax,” when the consideration or value of the interest or property conveyed (irrespective of any lien encumbrances) in the...
Multifamily Property For Sale $2,800,000
8 Units; 5,004 SF of Building on 15,406 SF of Land 231 – 235 East Valencia Avenue Burbank, CA 91502 Brochure Wonderful opportunity to acquire two (2) well maintained single-story, courtyard-style four (4) unit buildings situated on two (2)...
Multifamily Property For Sale $2,950,000
5 Units; 4,839 SF of Building on 9,213 SF of Land 547 South Street Glendale, CA 91202 Brochure Outstanding opportunity for an owner-user to purchase a property in immaculate condition located north of Glenoaks Boulevard. The property consists...
Retail Property For Sale $2,800,000
1266 South Glendale Avenue Glendale, CA 91205 Brochure Outstanding opportunity for an owner-user; the property is 4,080 square feet of building and is comprised of two (2) structures: the larger building is approximately 3,360 square feet ...
Wholesale Prices Rose 0.2% In October, Less Than Expected, As Inflation Eases
November 15, 2022 Wholesale prices increased less than expected in October, adding to hopes that inflation is on the wane, the Bureau of Labor Statistics reported Tuesday. Full Story
Consumer Prices Rose Less Than Expected
November 10, 2022 The index increased 0.4% for the month and 7.7% from a year ago. Estimates were for rises of 0.6% and 7.9%. Full Article
Fed Delivers Big Rate Hike, Signals Possibles Smaller Increases Ahead
November 02, 2022 The Federal Reserve raised interest rates by three-quarters of a percentage point as it continued to battle the worst outbreak of inflation in 40 years, but signaled future increases in borrowing costs could be made in smaller...
Office/Retail Property For Sale $2,650,000
November 01, 2022 4612 – 4614 San Fernando Road Glendale, CA 91204 Outstanding 2,665 square foot office/retail building in Glendale along the San Fernando Road corridor with 7 parking spaces, plus an approximately 2,400 square foot, fenced...
Retail Property Sold For $1,237,500!
October 31, 2022 2435 – 2439 East Colorado Boulevard Pasadena, CA 91107 Kris Hons and Randy Stevenson represented the seller and buyer in the sale of this retail property located just east of Sierra Madre Boulevard in the City of Pasadena....