Again, Laguna Beach's beaches are considered among the cleanest in the U.S. in 2009 according to the Natural Resources Defense Council. Laguna's beaches received the most five-star ratings of any beach in Orange County (OC).The beach that is an exception in Laguna, as many of you know, is the contaminated beach at Aliso Beach, which is owned by Orange County. Beaches not involved in the studies were Crystal Cove, Thousand Steps and Three Arch Bay.
Source: 20th Annual Natural Resources Defense Council (NRDC) Report, July 2009
Thursday, August 26, 2010
Wednesday, August 18, 2010
22 Cities at Risk for Another Recession but Not in California
22 Cities at Risk for Another Recession but Not California
At least 22 U.S. cities are at risk of slipping back into recession, Moody’s Economy.com said in a report Tuesday.
"With chances of a national double-dip recession now estimated at about one in four, several metro areas will probably experience their own downturns in the first half of 2011," said economist Andrew Gledhill, who wrote the report.
Gledhill identified these 22 markets as having the biggest chance of a double-dip recession, mostly because they have industrial economies that are affected by the national decline in manufacturing:
1. Missoula, Mont.
2. Salem, Ore.
3. Idaho Falls, Idaho
4. Lake County-Kenosha County, Ill.-Wisc.
5. Lafayette, Ind.
6. Wichita, Kan.
7. Hot Springs, Ark.
8. Pine Bluff, Ark.
9. Little Rock, Ark.
10. Wichita Falls, Texas
11. Akron, Ohio
12. Charleston, W.Va.
13. Macon, Ga.
14. Gadsden, Ala.
15. Gulfport-Biloxi, Miss.
16. Mobile, Ala.
17. Utica-Rome, N.Y.
18. Lebanon, Pa.
19. Springfield, Ohio
20. Wilmington, N.C.
21. Anderson, S.C.
22. Athens-Clark County Ga.
Source: CNNMoney.com, Hibah Yousuf (08/17/2010)
At least 22 U.S. cities are at risk of slipping back into recession, Moody’s Economy.com said in a report Tuesday.
"With chances of a national double-dip recession now estimated at about one in four, several metro areas will probably experience their own downturns in the first half of 2011," said economist Andrew Gledhill, who wrote the report.
Gledhill identified these 22 markets as having the biggest chance of a double-dip recession, mostly because they have industrial economies that are affected by the national decline in manufacturing:
1. Missoula, Mont.
2. Salem, Ore.
3. Idaho Falls, Idaho
4. Lake County-Kenosha County, Ill.-Wisc.
5. Lafayette, Ind.
6. Wichita, Kan.
7. Hot Springs, Ark.
8. Pine Bluff, Ark.
9. Little Rock, Ark.
10. Wichita Falls, Texas
11. Akron, Ohio
12. Charleston, W.Va.
13. Macon, Ga.
14. Gadsden, Ala.
15. Gulfport-Biloxi, Miss.
16. Mobile, Ala.
17. Utica-Rome, N.Y.
18. Lebanon, Pa.
19. Springfield, Ohio
20. Wilmington, N.C.
21. Anderson, S.C.
22. Athens-Clark County Ga.
Source: CNNMoney.com, Hibah Yousuf (08/17/2010)
Sale Prices in Laguna Beach and Orange County Continue to Go Up
Data Quick, the most reliable source of real estate sales in Laguna Beach and Orange County, is reporting that for July, 2010 prices in Laguna Beach went up 17.0% and for Orange County the prices went up 7.1%. Although sales volume was down due to the expiration of the federal tax credit, sale prices were up.
The July median sale prices for Los Angeles, San Diego and Riverside counties were also up over July, 2009 with median sale prices in July, 2010 averaging a 10.1% increase in SoCal.
Source: Data Quick, August, 2010
The July median sale prices for Los Angeles, San Diego and Riverside counties were also up over July, 2009 with median sale prices in July, 2010 averaging a 10.1% increase in SoCal.
Source: Data Quick, August, 2010
Monday, August 16, 2010
Short-Term Refis Can Save Big Money
Shorter-Term Refis Can Save Big Money
Shorter-term loans are gaining favor as rates continue to fall.
On average at today’s rates, a borrower refinancing their 6.5 percent loan would save $70,000 over the life of a $200,000 20-year loan vs. a 30-year loan.
These kinds of refinances are particularly popular among people who are approaching retirement, said Peter Iche, president of Carthage Federal Savings and Loan Association in Carthage, N.Y.
Source: USA Today, Stephanie Armour (08/16/2010)
Check with Rick Cirelli at RTCMortgage.com for details
Shorter-term loans are gaining favor as rates continue to fall.
On average at today’s rates, a borrower refinancing their 6.5 percent loan would save $70,000 over the life of a $200,000 20-year loan vs. a 30-year loan.
These kinds of refinances are particularly popular among people who are approaching retirement, said Peter Iche, president of Carthage Federal Savings and Loan Association in Carthage, N.Y.
Source: USA Today, Stephanie Armour (08/16/2010)
Check with Rick Cirelli at RTCMortgage.com for details
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