La Mesa Today - Community Website & Online Newspaper
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LA MESA -- Amid all the challenges schools are facing because of state budget cuts and a struggling economy, it was a nice break for school and community leaders to gather on a sunny…
ContinueAdded by Chris Lavin on February 29, 2012 at 6:00pm — 2 Comments
Getting Some Distance On This Jewel Of The Hills
LA MESA -- A friend of mine once pointed out that if you hold a rock up, close to your eye, you won't be able to fully appreciate its true essence. It is only as you move…
ContinueAdded by Chris Lavin on February 25, 2012 at 7:30am — 2 Comments
Some Super La Mesa Football Choices
LA MESA -- So here's the truth about what the Super Bowl has become: Football is the sideshow.
All over America -- and all over La Mesa -- we gather in…
ContinueAdded by Chris Lavin on February 4, 2012 at 1:00pm — 1 Comment
The Wall Street Journal
Over 50 percent of Americans expect home prices to rise
More than half of Americans now expect the country’s home prices to climb within the next year, illustrating a growing optimism toward the health of the housing industry, according to new data from Fannie Mae. Read the full story.
Los Angeles Times
Some homes are slow to sell even in the hottest markets
With full-fledged sellers’ markets underway in dozens of metropolitan areas around the country, new research has found curious statistical patterns emerging: Even in cities where listings get multiple offers within days or hours, significant numbers of homes are sitting on the market for six months, 12 months, or more with no takers. Among the reasons: Mispricing, excessive restrictions on access to buyers and agents, failure to clean or make repairs, and a variety of other marketing bungles. Read the full story.
The Wall Street Journal
Principal forgiveness could reduce costs for taxpayers
Allowing Fannie Mae and Freddie Mac to reduce loan balances for borrowers who owe more than their homes are worth could ultimately reduce mortgage defaults and save the government money, according to a report by the Congressional Budget Office. Read the full story.
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