Archive for the ‘Local Information’ Category
With bargain home prices out there, you may be tempted to buy investment properties – certainly a good long-term strategy for building wealth. In fact, a chart from MSN Money indicates real estate has yielded a 43% return on investment since 2009 – much more than an y other investment vehicle.
But being a landlord can be a hassle. Here is a good Wall Street Journal article to help you determine if being a landlord is a good fit for you:
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Historic McCrea Ranch, located at the base of the Norwegian Grade, was home to legendary film actor and western movie hero Joel McCrea. Originally purchased in 1933, the ranch has a long tradition of dry land farming. Joel and his wife of 57 years, movie star Frances Dee, raised their three sons here, living a simple lifestyle and actively participating in the community. The family, along with hired hands, farmed and ranched the land, raised feed crops for animals, and ran an average 150 head of cattle. In 1995, the McCree: family donated 225 acres of the ranch, including the family home, to the Conejo Recreation and Park District (CRPD).
The new 1,400-square-foot Visitor Center, which includes an exhibit/display area, meeting room, restrooms, and an expansive deck, will offer a variety of interpretive, educational and programming opportunities. The Visitor Center vividly portrays family ranch life during the 1930s -1950s.
The Joel and Frances McCrea Ranch Foundation exists to honor and preserve the legacy of Joel and Frances McCrea by raising and managing funds to support the restoration and preservation of McCrea Ranch.
Public access to the McCrea Ranch Visitor Center will initially be managed through scheduled programs with CRPD. As the trained docent and volunteer base expands, and funds are available, hours of operation will be established allowing the Visitor Center, as well as other parts of the ranch, to be open to the general public.
For the visitors center, call 805.495.2163.
Despite all the doom and gloom we hear about the housing market, the LA area continues to be high on home buyers’ search list. According to REALTOR® magazine, the most searched housing markets in August were:
1. Chicago
2. Las Vegas
3. Detroit
4. Los Angeles-Long Beach, Calif.
5. Atlanta
6. Tampa-St. Petersburg-Clearwater, Fla.
7. Philadelphia
8. Phoenix-Mesa, Ariz.
9. Dallas
10. Boston-Worcester-Lawrence-Lowell-Brockton, Mass.-N.H.
By now, most people know the 405 will be closed for 53hours beginning the evening of July 15 and ending early the morning of July 18. The northbound 405 will be closed for 10 miles between the 10 and 101 freeways, and the southbound 405 will be closed for four miles between the 101 Freeway and the Getty Center Drive exit. The work is part of a larger $$1-billion freeway improvement project that includes constructing a 10-mile northbound carpool lane to complete what officials say is a network between Orange County and the San Fernando Valley.
La Mayor Antonio Villaraigosa suggests people go on vacation. Here are five better ideas – all cheaper and do-able from home:
1. Read a good book.
2. Write a note (not an e-mail!) to a family member or friend
3. Make a summer recipe (suggestion below).
4. Work in the garden.
5. Attack that honey-never-does list.
Pesto for anything you want to put it on
1. 16 leaves of fresh basil
2. 3-6 cloves of garlic
3. 6 T parmesan cheese
4. 1/3 cup walnuts or pine nuts
5. ½ c extra virgin olive oil
Put ingredients 1 – 4 in a blender or food processor and blend. Add olive oil slowly and blend again. Enjoy!
If you live in Thousand Oaks, Saturday is your lucky day! Get rid 0f your electronic waste, documents for shredding, green waste and generic trash. The event will be held at Conejo Creek Park between 8 AM and 3 PM. For “special waste” disposal (paint, batteries, pharmaceuticals, for example), you’ll need to make appointment at the City Municipal Service Center. For more information on both: www.toaks.org/GoGreen.
If you live in another jurisdiction, check out your city’s website.
I know this is supposed to be a real estate and community blog, not a cooking blog. But once in awhile a recipe that is too good to be true comes along, and I must share it. The last time I got carried away like this was with a scone recipe. If you missed it, click here.
Now comes a recipe for French bread that is so amazing it must be tried and enjoyed by many. When we first moved to Thousand Oaks from Los Angeles, in the Dark Ages of 1987, I couldn’t find a loaf of good bread in this community. That has now changed, with the likes of Stoneground Bakery and the presence of loaves from La Brea Bakery and various farmers’ markets. Still, for the best French bread – the kind that is lighter than air and so crusty it cuts the top of your mouth, I ‘ve found myself buying warm loaves from The Grill on the Alley (yes, for $5 The Grill will hand over a toasty boule).
Then, without warning, my friend Kym, another “foodie,” posted a recipe first published in the New York Times several years ago. The credit goes to writer Mark Bittner and baker Jim Lahey, of the Sullivan Street Bakery. What is really amazing, however, is that this bread – yes, it’s lighter than air and the crust cuts the roof of your mouth – requires no kneading! It’ so simple a child could make it.
What it does require is timing, about 23 hours of it, as I learned with my first batch, when I had to work at home to attend to my bread’s need for flipping, flopping and baking – and, of course, savoring just out of the oven. While its shape defied geometry, its taste was divine!
Welcome, staff of life, goodbye, low-carb diet! Mange, mange – and enjoy!
If you want to follow the trends, just follow the headlines. In the past two weeks we have seen headlines pointing to a more positive real estate market. From the Huffington Post and other news outlets, 30-Year Mortgage Rates Top 5%. Why is this positive? As interest rates creep up, sooner or later home buyers begin to notice. The sentiment that there is no hurry, that an even better deal will be there tomorrow, begins to slip away. As this article points out, if interest rates rise from 5% to 6% and the price of a home drops from $500,000 to $450,000, the actual cost of the home over 30 years will be $90,000 higher.
From the LA Times, California Luxury Home Sales Jump 21% (even the wealthy like a bargain). And the Wall Street Journal, Cash Buyers Lift Housing, cites data from the National Associations of Realtors indicating 28% of home sales last year were all-cash deals – double the rate in 2008.
Finally, from the LA Times again, Now May Be the Time to Buy a Home. Says the usually pessimistic economist Christopher Thornberg, principal with Beacon Economics in Los Angeles, “Certainly, we’re pretty sure we’re at the bottom” for home prices, as quoted in the luxury home sales article.
What does it all mean? If you are a home buyer, it may be time to step up to the plate. Stories of homes selling in multiple offers are not uncommon. This means you could soon find yourself paying both a higher interest rate for your mortgage and a higher price for your home.
If you are a seller who is buying up, now may be the time to pick up that dream home. And if you are selling because of a personal or financial situation, don’t wait for prices to rise dramatically unless you have a lot of time. During the 1990s, in the LA area,it took 9.5 years for home prices to regain their 1990 peak.
Gentlemen, it’s February and Valentine’s Day is just around the corner. What to do? Remember the old adage, Diamonds are a girl’s best friend? Or, in the current economy, let’s say, Jewelry is a girl’s best friend. So here’s an idea for you: Stella & Dot.
Enter Jessica Dreyfus, Stella & Dot stylist in Thousand Oaks. Stella & Dot is sold primarily through in-home parties – groups of friends enjoying a glass of wine, munchies and, of course, jewelry. You can also purtchase it directly from Dreyfus (see contact info below). According to Dreyfus, more than half the line sells for less than $50 – a great price point for the quality. For the little Valentine princess in your life, a little girls’ line debuted last year.
Says Dreyfus, “I love the versatility of Stella & Dot. I can find one piece that works at the park with my son, out with the girls, and at a spring wedding .”
So, gentlemen, perhaps you can get by this Valentine’s Day with only one purchase for less than $50! Contact Jessica Dreyfus (310.351.9652) to make your selection!
As we all sally forth into the malls buying gifts and throwing them in our closets until the special day, here is a word to the wise about another march: Bedbugs are on the move!
Two years ago year my son suffered an infestation in his apartment in San Francisco. “There’s one on the dust ruffle!” he screamed into the phone at 11:30 one night. Thus began an expensive ordeal and two months of his sleeping in his livingroom.
The advice below came across my desk from a friend, and even if you don’t believe it, it offers an easy precaution:
“We have friends here in our community and one of their sons is an entomologist (insect expert) who travels all over the country as an advisor to many of stores. He is telling them that there is an epidemic of bedbugs now occurring in America. Recently, several stores in New York City have had to close due to bedbug problems, as well as a complete mall in New Jersey.
“He says that since much of our clothing, sheets, towels, etc. now comes from companies outside of America, even the most expensive stores sell foreign clothing from China, Indonesia, etc. The bed bugs are coming in on the clothing as these countries do not consider them a problem. He recommends that if you buy any new clothing, even underwear and socks, sheets and towels, bring them into the house and put them in your clothes dryer for at least 20 minutes. The heat will kill them and their eggs.
“DO NOT PURCHASE CLOTHES AND HANG THEM IN THE CLOSET FIRST. It does not matter what the price range is of the clothing, or if the outfit comes from the most expensive store known in the U.S. They still get shipments from these countries and the bugs can come in a box of scarves or anything else for that matter. That is the reason so many stores, many of them clothing stores, have had to shut down in New York and other places. All you need is to bring one item into the house that has bugs or eggs and your live will change forever in an expensive way as you try to get rid of them.”
He walked a thousand miles on patrol, toting his pack on his back through terrain that can only be described as desolate. He is Stateside now, but not at home in the Conejo Valley. Rather, he is at a naval hospital undergoing treatment and observation for back injuries. He considers himself fortunate: he can stand upright.
This is just one of the thousands of stories emanating from Afghanistan and Iraq. Project Holiday Stockings, now in its eighth season, seeks to provide a bit of cheer at this time of year to our troops enduring brutal conditions, injuries, and death on our behalf.
The stockings are filled with items requested by our troops. The Project is a nonprofit organization, with no salaries or expenses. Everyone involved donates their time and associated expenses. To date the Project has shipped over 27,000 stockings to our troops.
To show your support, fill a holiday stocking not longer than 20 inches from top to heel with some of the items listed on the Project’s website. Be sure to include your personal holiday greeting and/or e-mail address, as well as a check for $10.70 to cover shipping for your stocking. Make checks payable to Denise Snavely.
All monies are deposited into a special account set up by the Westlake office of Merrill Lynch. The checks drawn on that account are made payable to the United States Post Master of Thousand Oaks.
You can deliver your stocking to one of the local collection points listed on the website. The deadline is December 13.
This year Project Holiday Stockings is dedicated to U.S. Army Spc. Andrew Jordan “A.J.” Castro, who graduated from Westlake High School in 2008; he was killed August 28 in a land mine explosion in Afghanistan.
The photos above are courtesy of a serviceman from the Conejo Valley. His mother, who live in Westlake Village, asked that I not share his name.







