Burbank Real Estate Blog

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Real Estate Agent - G & C Properties
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ARCHIVED BLOG POSTS

2007 

  This week saw volatile trading sessions, again, with the Dow down 237 points on Monday, up 217 points on Tuesday, up 332 points on Wednesday, up 20 points on Thursday and up 60 on Friday. Concerns over credit woes continued as well as rumors of Citigroup layoffs. Items of note: New Home Sales ...
11/30/2007
Monday 263 & 6 Month Bill Auction 2 & 5 Year Note Announcement Tuesday 27 ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending. Redbook a timely indicator o...
11/25/2007
Ever wonder about turkey pardons? Well, I did and thought I would do some research on the subject. Some think the tradition started with Abraham Lincoln pardoning his son’s pet turkey, others believe it started much later with Harry S. Truman. Although both of these versions have been referenced ...
11/22/2007
Very volatile day again! Some of the volatility has been blamed on Japanese currency traders who were said to be “unwinding” some positions. Rumors continued about Countrywide possibly having to go into bankruptcy, Countrywide did come out and deny these rumors late yesterday. Jobless Claims cam...
11/21/2007
 Items of note from the last Burbank City Council meeting: Quiet zone was established on the Metrolink Ventura Subdivision at Buena Vista Street and Vanowen crossing. Vote was unanimous.The new California building and fire codes were unanimously adopted.   Because of past complaints this ordinan...
11/19/2007
Well, we had quite a volatile day as the Dow closed below the psychological 13,000 mark. Dow was down 218 points and closed at 12958. Items of note: Goldman Sachs downgraded Citigroup to a sell. Lowe’s lost 7.6% today on weak earnings.The National Association of Home Builders/Wells Fargo Index ca...
11/19/2007
 This chart includes housing data for each respective zip code listed for the October 2007 period and percent change from October 2006 levels. As you can see from the table below, housing prices for the month have varied by area, but it’s interesting to note that the higher end of the market has ...
11/18/2007
Monday 19 Housing Market Index-Produced by the National Association of Home Builders. This is a survey which is filled out by the members of this organization and it gives their opinion of the general state of the housing market and the economy. 3 Month & 6 Month Bill Auction Tuesday 20 Housing S...
11/18/2007
This week saw volatile trading sessions , concerns over rising fuel costs and the now usual credit rumors. Items of note: Pending Home Sales for September increased 0.2 percent higher to 85.7. But a look at the year over year data – down 20.4 percent — tells a more meaningful story. Still the dat...
11/16/2007
 Monday 12 US Holiday…..Veteran’s Day! Pending Home Sales Index Tuesday 13ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending. Redbook a timely indicator ...
11/11/2007
Rainmaker
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Ana Connell

Burbank Real Estate Agent
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