northridge earthquake

by Jodi Summers The Los Angeles City Council has agreed that renters and apartment owners must share the financial burden of earthquake retrofitting equally. According to the L.A. Times, “After many housing studies and heated meetings with landlord and tenant groups, city staff proposed a compromise that the City Council unanimously voted to move forward: […]

dingbat wanting retrofit

by Jodi Summers As if the apartment rental situation in Los Angeles is not tenuous enough for you…just wait…the first phase of the city’s massive earthquake retrofitting project is about to begin. The Department of Building and Safety has compiled the official list of apartment buildings most at risk of collapse, landlords get notice in […]

Beautiful Lincoln (3)

by Jodi Summers Murals, sculptures and landscaping are all ways for a neighborhood to forge a collective identity, stimulate learning, instill a sense of pride and invites business. Thank you to the Santa Monica grass roots movement, Beautify Lincoln, giving vibrancy to the long-dreary LiNC. Since 2012, this team of volunteer artists have painted murals […]

us-home-ownership

by Jodi Summers The U.S. homeownership rate reached a national high of 69.2% in the fourth quarter of 2004 and was as high as 68.2% in 2Q 2007 before beginning its decline. According to the Census Bureau, the rate is currently sitting around 64.4% – its lowest level since 1995. It has fallen in four […]

FHA-Approved logo

by Jodi Summers Millennials and home ownership. Those terms have been non-sequiturs for a while…but all that is changing. Currently, 67% of all Millennials say they can’t afford to buy. According to a U.S. Bureau of Labor Study, 90% of Millennials moved out of family home between age 19 and 27. 54.6% moved back in […]

Villa Malibu

by Jodi Summers Suddenly the L.A. housing market is all over the world news…as we all know, there’s not enough housing and it’s driving up prices for buyers as well as renters. Buyers, sensing opportunity, are flowing into the market from all over the world and purchasing what little property owners are willing to part […]