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The number of distressed homes sold in Burbank last month dropped by almost 40% compared to a year ago, according to the latest real estate figures, which kept the city in line with nationwide trends. The number of distressed home sales declined from 31...
Median home prices in Burbank fell more than 8% in June despite high demand for the few properties that were on the market, according to the latest real estate figures. The drop reverses a trend seen in the months prior, in which a scant supply of...
Tags: Real Estate, Inventories, Rentals, Homes, Services and Shopping
I have been a Burbank resident for 10 years. When I was looking to buy my home, I knew Burbank was where I wanted to live. Burbank has a retro charm, beautiful tree-lined streets, darling homes, kids playing outside, friendly neighbors, a wonderful small-...
The number of single-family houses on the market in Burbank remained sparse last month, but the number of condominiums for sale held steady, according to the latest real estate figures. There were 128 single family homes on the market last month, down...
Tags: Real Estate, Real Estate Buyers, Realty, Homes, Auto Trends
A low inventory of single-family homes is still making an impact on the local real estate market, resulting in multiple offers and buyers snatching up homes quickly while interest rates are low. There were 135 single-family homes on the market last...
Fewer homes were on the market last month compared to a year ago, according to the latest real estate statistics. It’s a trend that’s been growing the past several months due to low interest rates and declining home prices. There were 140...
Home prices in Burbank continued their slide in December compared to the same period a year earlier, but agents said they're hopeful that 2012 would bring better market conditions. The median price for a single-family home was $510,000 last month, down...
Tags: Shingles, Real Estate, Prices, Inventories, Consumer Confidence
While real estate agents are known for their professional service in the buying and selling of houses, rarely are they known for actually building them. That, however, was the case as members of the Burbank Association of Realtors (BAR) took up shovels,...
City Hall executives are drafting plans for budget cuts of at least 5% for the upcoming fiscal year, but even those reductions aren't expected to cover the projected $8.8-million shortfall. Cutting 5% from each city department should generate $5.7...
Ask any nonprofit or charitable organization how they are doing and you will most likely get an eye-roll, a shrug and an explanation that in today's economic environment raising funds is murder. The Burbank Assn. of Realtors and the Burbank Temporary...
Every community has its long-standing holiday traditions and along with the ornament-gilded tree standing in front of City Hall, another local seasonal tradition has been the Burbank Assn. of Realtors' annual holiday breakfast. Always a festive occasion,...
After nearly a year of back-and-forth between Realtors and city officials, an ordinance requiring all buildings to be retrofitted with water-saving fixtures upon resale narrowly passed this week. The ordinance — approved 3 to 1 on Tuesday with...
Dec 27, 2012 |Story| Burbank Leader
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