Author: Robert Webmaster
What does President Trump mean for the housing market?
8 ways our new commander-in-chief could affect homeownership for the next 4 years.
by Thomas Mitchell
Political pundits around the country were stunned last night when Donald Trump secured enough votes to beat Hillary Clinton to become the next President of the United States. While supporters from both sides are still reeling from emotions, we woke up wondering what that would mean for real estate. It’s common for the president to use housing as a vehicle to lead economic recovery, and with Trump being a licensed broker, real estate professionals have been keen to see how his policies would affect them. “The last time we had real estate dealmakers as U.S. Presidents were founding fathers Thomas Jefferson and George Washington, who loved their property holdings and made sure the U.S. Constitution protected them,” Inman publisher
Continue reading on inman.com…
After fatal Granada Hills shooting, LA leaders crack down on party houses
by Gregory J. Wilcox, Los Angeles Daily News
The Los Angeles City Council on Wednesday cracked down on party houses, unanimously voting to instruct the city attorney, with help from the Police Department, to draft an ordinance that regulates the often unruly gatherings held at local homes.
“The issue has become so acute that entire houses are being built for the purpose of hosting weekly parties,” said L.A. City Councilman David Ryu, whose 4th District includes Sherman Oaks, Toluca Lake and a portion of Van Nuys. “Further, the process has now become even easier, and thus more harmful, due to the rise of short-term rental platforms and the ease with which an individual can now rent a party house.”
So-called party houses are residential homes used or rented out frequently for parties and are a long-running problem in Los Angeles, according to officials.
Up-and-coming rapper Kid Cali, whose real name was Justin Lishey, was shot and killed in August during a pool party at a Granada Hills home.
Continue reading on LA.Curbedd.com,,,
East Valley Emergency Preparedness Summit
Group Play Dates
Buying is somehow still cheaper than renting in LA
by Elijah Chiland
Over time, homeowners will pay 32.7 percent less than renters. To buy or to rent? The answer isn’t hard if you move around a lot or don’t have the cash on hand to cover a down payment, but for those looking to settle into a community for a number of years, the decision can come down to a simple question of finances. And according to a new report from Trulia, it’s still cheaper to buy in Los Angeles in the long run—in spite of sky high prices.
The bad news for homebuyers: Historically low interest rates haven’t done much to increase the overall benefits of buying over renting. Last year, when mortgage rates were slightly higher, it was 37.2 percent cheaper to buy; this year, the number has risen only slightly, to 37.7 percent, nationally. In Los Angeles, the savings are lower, with buying about 32.7 percent less expensive.
Sarah Street Lighting Activation
Metropolis Bikes is named one of America’s Best Bike Shops for 2016
Long time member of the Toluca Lake Chamber of Commerce, Metropolis Bikes of North Hollywood, CA, has been named one of America’s Best Bike Shops for 2016 by the National Bicycle Dealers Association. There are approximately 4,000 bike shops in the United States and fewer than 300 were honored with the prestigious title of “America’s Best.”
Metropolis Bikes’ official store motto, ‘Bikes for City Life’, reflects the carefully-crafted and broad inventory selection designed for the urban cyclist, encompassing commuters, recreational riders and fitness warriors. Store owner and avid cyclist Brad Wasser affirms, “We share this recognition with our terrific team whose passion inspires us daily, our enthusiastic customers and the community we are creating together, and our vendors, who continue to develop exceptional and exciting products.”
Shops were asked to fill out a detailed application describing what sets them apart from the average retailer. Mystery shoppers then evaluated the business in more detail by visiting the store, reviewing their website, and contacting the shop by phone to assess the performance from a consumer’s perspective.
The program is designed to help consumers find great stores in their areas that will provide the expertise and professionalism they need to get the most benefit from cycling. The recipients of the America’s Best Bike Shops title not only offer great shopping experiences and expert staff, but are also rated on their support for their communities, as well as support for bicycle advocacy both locally and nationally.
Founded in 1946, the National Bicycle Dealers Association is a non-profit association promoting the interests of every specialty bicycle retailer in the United States. For more information, contact: Karen Townsend, National Bicycle Dealers Association, karen@nbda.com or the NBDA office, info@nbda.com
Clean Streets LA Challenge
Chabad of Toluca Lake High Holiday Services
Wonderful programs for Our Jewish Neighbors for the upcoming Holiday Season. Its open to the community. No Membership required to attend. To be held at the North Clubhouse at The Oakwood Apartments By Avalon On Barham Blvd.
1. Inspiring, Joyful, Thought-provoking, Engaging , Relaxing, Meaningful and Welcoming HIGH HOLIDAY SERVICES.
We will have access to a beautiful room, playground for the kids and plenty of space! There is also luxury accommodation for those who would like to stay over.
The service will be held at The Oakwood Toluca Hills (North Clubhouse)
3600 Barham Boulevard
Toluca Lake, California 90068
LIMITED SEATS AVAILABLE !!!
No membership, tickets or payment are required.We do not charge for seats
Donations are warmly appreciated.
To Reserve Seats go to www.chabadoftolucalake.com or call 818 308 4118.
To see full Schedule of Services go to – www.chabadoftolucalake.com/templa…
2. Please join us as well for a Gourmet Rosh Hashanah Dinner.
A gourmet, traditional Rosh Hashanah Dinner that you and your family will remember for the entire year.
Together we will welcome in the New Year, and celebrate the special traditions of the Holiday. Capture the spirit and tastes of Rosh Hashanah all in one evening, with your friends, family, and community at this unique and memorable Rosh Hashanah Dinner.
RSVP REQUIRED $25 – Adult , $12- Child
Help Sponsor: $180, $360 or other amount
Sunday Oct 2nd – First Night of Rosh Hashana Following Services at The Oakwood Toluca Hills Apartments by Avolon at the North Clubhouse
RSVP at www.chabadoftolucalake.com
3. TOAST THE JEWISH NEW YEAR OF 5777
Rosh Hashana Happy Hour
With Hors D’oeuvres & Drinks
Apple & Honey Bar
Social Networking
No Charge
End of the Year and begin the New year with a charge
Bring your Friends and family
Prior to services
@ The North Clubhouse at the Toluca Hills Apartments by Avalon (Previously Oakwood Apartments)
