If you are a home buyer, especially in the Los Angeles area, I feel compelled to offer a heads up on what you should be expecting from your agent. This especially applies if your are a first-time home buyer because you may not understand how the process works.I often get calls from buyers, especi
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07/23/2015
How is the real estate market in the Brentwood area of Los Angeles doing? Let’s see how the Second Quarter of 2015 compares to the First.There were a total of 72 single family homes sold at a median price of $2,796,725. The sold price vs. list price was 105.29% and average days on the market was
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07/21/2015
Let’s see where the Beverly Hills real estate market is heading after 2nd Quarter sales. The comparison is against 1st Quarter sales.There were a total of 60 single family homes sold at a median price of $$5,250,000. The sold price vs. list price was $95.29% and average days on the market was 70.
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07/19/2015
If you are interested in how the real estate market is doing in Santa Monica. Let's take a look.There were a total of 74 single family homes sold at a median price of $2,237,500. The sold price vs. list price was $102.5% and average days on the market was 38. This was an increase of 32 homes sold
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07/14/2015
If you are thinking of buying on The Wilshire Corridor it may help to know what you are getting for your money in the different buildings. Some things may be important to you and others may not.The checklist below will give you a rough idea what each building offers and help you to narrow down yo
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07/12/2015
The Wilshire Corridor condo market is a unique one in that it doesn't always follow the trend of the rest of the city. With so many price ranges and high homeowners dues each building needs to be looked at separately.Checking in every few months doesn't really provide the full picture of where th
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07/06/2015
Beverly Hills is getting yet another hotel. The owners of 9900 Wilshire Blvd., Wanda Group are planning to add a hotel to the $1 billion condo complex called One Beverly Hills. The number of originally planned condos will be reduced to accommodate the new hotel which will be next to the Beverly H
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07/01/2015
Affordable housing is a oxymoron in Los Angeles. The California Supreme Court has taken steps to address the problem by making it easier for cities and counties to require developers to sell housing at below market rates. This could be a condition attached to the issuance of building permits. The
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06/26/2015
The battle over restricting short-term rentals in Los Angeles continues to wage. While Santa Monica has passed an ordinance banning the rental of a home for less than 30 days unless the owner is in residence, other neighborhoods are fighting the policy. This action was shut down in Silver Lake an
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06/18/2015
Much of Los Angeles is experiencing a sellers’ market right now.How do you define a sellers’ market? It is based on low inventory. Loosely you would take the number of homes sold over the past six months compared with the number of homes for sale; that will give you the number of months it will
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06/09/2015
