Distressed California homeowners can now avoid foreclosure or bankruptcy and can opt for a short sale instead, without incurring federal and state tax liability.
Changing cultural attitudes and skyrocketing home prices have boosted demand for condominiums this year, experts say. For many young adults, condos are the only affordable path to homeownership in urban areas near jobs and entertainment.
Glendale City Council has recently approved an electricity rate increase totaling 29% over the next five years. As a result, Glendale businesses and residents will see an approximate system average hike of 8% this year and 7%, 5%, 2% and 2% in following years.