Starting To Look Like Summer

LA MESA -- It is starting to feel a lot like summer -- despite the June gloom and cool temperatures.

This weekend offers a couple events that feel like things we do in summer in the Jewel of the Hills.

On Saturday, the La Mesa Historical Society will be conducting a Vintage Yard Sale. Comprised of antique gifts to the society and items that are duplicates or don't fit the group's historical mission, this event will allow you to indulge your yard sale desires and feel like you are doing your civic duty as well. CLICK HERE for the details.

And on Sunday evening, one of the most pleasant rites of summer begins with the first Sundays At Six Concerts at Harry Griffen Park. The Flag Day Parade had the Marine Band, and this first Sundays At Six event will give equal time to the jazz ensemble from  The Navy Band. Like the Marine Band musicians, these men and women have their skills honed and offer an amazing performance.  And these concerts are free. Bring a chair and a blanket and enjoy a pleasant, family-friendly way to end a summer weekend. CLICK HERE for the details.

LOOKING AHEAD: The Back to the '50s Car Show is set to begin this coming Thursday in the Village. The weekly meeting of the car-obsessed is an interesting stroll every week.

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Tags: La Mesa Historical Society, La Mesa Today, La Mesa Weekend, La Mesa news

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HousingWire

Bank of America to Pay Record $16.65 Billion to Settle Mortgage Claims

Source: LA Times

In what amounts to the largest settlement by a single company in U.S. history, the Justice Department has announced that Bank of America Corp. will pay $16.65 billion to end federal and state investigations into the sale of toxic mortgage securities during the subprime housing boom. California will receive $300 million from the settlement to reimburse the CalPERS and CalSTRS pension funds. Read the full story: http://www.latimes.com/business/la-fi-bank-of-america-settlement-justice-mortgage-countrywide-20140821-story.html

3 Facts Crippling California's Housing Recovery

Source: HousingWire

While California’s job growth and economy continue to improve, major hurdles remain for housing’s recovery. Firstly, affordability is a huge concern as rapid home price increases, mixed with a lack of affordable inventory is leaving little room for first-time borrowers to jump into the market. Tight credit and stagnant incomes are another concern if prices remain high.

Read the full story: http://www.housingwire.com/articles/31101-facts-crippling-californias-housing-recoveryHousing

Construction Surges in July

Source: The Hill

During July, housing construction hit its highest level in eight months as the sector shows signs of picking up pace in the second half of the year. After two months of drops, construction jumped 15.7 percent last month to a seasonally adjusted annual rate of 1.09 million homes, the fastest pace since the 1.11 million posted in November, according to the Commerce Department.

Read the full story: http://thehill.com/policy/finance/215472-housing-construction-surges-in-july

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