Burbank Real Estate Blog: June 2007

I am somewhat of a history buff and one of the landmarks here in Burbank that has always fascinated me is Bob Hope Airport.

The fascination started when I first flew out of Burbank many years ago and realized that the only way you were able to board the plane was to go onto the tarmac and go up a set of stairs!  As a kid I thought this was the coolest thing ever and I have to admit that even as an adult it leaves a warm nostalgic feeling......of course in inclement weather it's not quite so much fun or warm!  Still it's a great experience non the less.

Some history on the name of the airport......this airport opened on Memorial Day Weekend, in 1930, as United Airport.  In 1967 the name changed to the Hollywood-Burbank Airport and with the name change commercial jet service was ushered to the West Coast.

In 1978 the Burbank-Glendale-Pasadena Airport Authority bought the airport from Lockheed and of course, changed the name to Burbank-Glendale-Pasadena Airport.  Finally in 2003 the name was changed to Bob Hope Airport. 

And there you have a small piece of trivia about Bob Hope Airport! 

Here are some great early pictures  and early pictures part 2, enjoy!

Join in on the fun at the Burbank Fine Arts Festival!  

This fun outdoor event features work from artists whose work covers painting to pottery to chalk masterpieces!  Amazing works will be available for purchase and live entertainment for the enjoyment of all.

This exciting event will happen on Saturday, June 9th and Sunday June 10th from 10am to 5pm on San Fernando Blvd. between Magnolia Blvd and Angeleno.

ADMISSION IS FREE! 

Monday 4

Factory Orders-consensus .7% This report is viewed quite seriously as it represents what lies ahead for the manufacturing sector.  Because this sector is a large part of our overall economy it tends to influence investments in the market.

Tuesday 5

ICSC-USB Store Sales  Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales.  Is considered to be one of the most timely indicators of consumer spending.

Redbook a timely indicator of consumer spending and also represents about 10% of total retail sales.  This measure tracks weekly sales from discounters, chain and department stores.

ISM Non-Manufacturing Survey This index tracks business activity levels.  It is widely looked at as it is adjusted for seasonal variations and can point to inflationary pressures in the economy.

City of Burbank Water and Power is sponsoring the Solar Support Program.

If you are thinking about installing a solar panel system in your home or business, Burbank is the place to do it!  You can receive up to $10,000 for residents and $25,500 for businesses in rebates!

This is an amazing way to help cut down our reliance on conventional energy sources.  If you are interested in more information, please check out  

Solar Photovoltaic Power and BWP's Solar Support Program!

I just read about Stewart's EClosing Room technology. 

This technology has been around for a few years and is quite impressive!  For those that have been at the table signing the countless documents that are part of closing on a home purchase, you know what I'm talking about!

Utilizing the conventional paper method not only are you trying to review as much information as possible on these docs (as this is the first time you've been presented with them) ,but you are signing an insane number of pages ,which somehow seem to multiply before your very eyes!  You end up with a cramped set of fingers and an unreadable signature after all is said and done!

EClosing Room allows for the buyer(s) to review the docs ahead of time and when they come in to sign the paperwork only one signature is required. 

How great is that!

Other than possible cost considerations, I'm unable to figure out why we're not utilizing it more in our closing transactions.

I would love to get some feedback on this question and hear about any experiences out there, good and bad!

Thank you for reading, rating and commenting on my post! 

Be Eco-friendly and promote green energy!

Become part of the Green Energy Champion program through Burbank Water and Power!

This program is open to all City of Burbank residents and businesses. 

Here's how it works:

You agree to commit that a percentage of your monthly power usage, anywhere from 3% to 60%, will come from green energy sources.  Your rate will  would be billed at two cents above the existing rate, for each green kilowatt-hour signed up for....... Two cents is simply Burbank Water and Power’s additional cost to provide renewable energy.

Overall it costs a minimal amount per month and the green energy used in this program is above and beyond the green energy  growth plans that BWP already has in place.

Make a difference and join the plan!