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Big discount on weird Burbank house

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This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts.

Good morning, Manny, welcome to Los Angeles. For the rest of you, quick links to housing and real estate stories that caught my eye, sometimes with your help:

From Redfin via Curbed LA: A weird Burbank house with a cave has been listed for $999,000, a reduction of $326,000 from its asking price in April.

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From Calculated Risk via Manhattan Beach Confidential: There are 1.75 million excess housing units in the U.S.

From Las Vegas Now via patrick.net: Vegas banks are overwhelmed by the foreclosure crisis.

From the Daily Breeze: U.S. Rep. Laura Richardson can get her foreclosed Sacramento house back.

The blogger speaks: Click here, and on the first hour of the July 30 program, to hear Peter Viles discuss the housing rescue bill on KPCC’s Patt Morrison program on Wednesday.

The blogger continues to speak: Click here to listen to Viles discuss the California housing market on NPR’s ‘On Point’ Thursday.

--Peter Viles
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