Archive | July, 2013

Home prices keep soaring

 By Chris Isidore  @CNNMoney July 30, 2013: 10:38 AM ET NEW YORK (CNNMoney) Home prices continued to gain steam in May according to a closely-watched reading, even as mortgage rates climbed. The S&P/Case-Shiller home price index was up 12.2% compared to a year ago, slightly better than the 12.1% rise in April. It was the biggest year-over-year […]

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Open House: Kitchen decor is easier than you think

By Ann Hoevel, CNN updated 9:50 AM EDT, Thu July 25, 2013 (CNN) — After spending hours on Pinterest, combing throughscores of gorgeous decor photos, do you ever look at your kitchen and hear the “Wah, wah, waaaaaaah” of a sad trombone? Kitchens don’t work like other rooms, say decorators, and it’s not always obvious how to […]

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Immigrants are driving the housing recovery

By John Feinblatt and Jason Marczak, Special to CNN updated 8:53 AM EDT, Fri July 19, 2013 (CNN) — Nearly five years after the housing bubble burst, American homeowners are beginning to see signs of relief as housing markets are finally showing signs of recovery. An untold story of this recovery, however, is the extent to which it is fueled by immigration. […]

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100 Cheap Date Ideas in Los Angeles: Arts and Culture

  Getty Villa photo courtesy of Mike Chen, Flickr Los Angeles has a wealth of arts and culture, from historic architecture to cutting-edge galleries. Expand your mind — not to mention, impress your date — with these date ideas under $20: 1. Venture out to the Getty Center, where you’ll enjoy art, architecture and free admission. […]

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Mortgage rates reach highest level in 2 years

By Les Christie @CNNMoney July 11, 2013: 11:44 AM ET NEW YORK (CNNMoney) The 30-year mortgage rate rose to its highest level in nearly two years, according to mortgage financing company Freddie Mac. Rates climbed 0.22 percentage points to 4.51% for a 30-year, fixed-rate loan this week, the highest it has been since July 2011. Meanwhile, the average rate for […]

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Farewell Marilyn: Iconic Palm Springs Statue to Make Move

Before Marilyn leaves town, a “farewell” concert will be held, it was announced Monday. Posted by Renee Schiavone (Editor),  July 8, 2013 at 03:23 pm A “farewell” concert will be held in September for the “Forever Marilyn” statue that has been in downtown Palm Springs for more than a year, it was announced Monday. The free concert, which […]

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‘Forever Marilyn’ adds to Coachella Valley visit

Other cities want her, but latest extension good until Sept. 10 PALM SPRINGS — “Forever Marilyn” it seems, is going to stay in Palm Springs just a bit longer, officials said Saturday. Aftab Dada, chairman of PS Resorts, the consortium of Palm Springs hotels charged with developing events and programming to attract tourists to town, said […]

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Chinese buyers flood U.S. housing market

By Les Christie @CNNMoney July 8, 2013: 12:53 AM ET NEW YORK (CNNMoney) Flush with cash, Chinese homebuyers are flooding into the U.S. housing market, and paying top dollar. “The Chinese came out really huge in the past year,” said Jonathan Miller of Miller Samuel, a New York-based appraiser. Chinese buyers accounted for 18% of the $68.2 […]

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