Palm Springs Realtor | Broker Associate
Windemere Real Estate Palm Springs, Windemere Palm Springs South, Gay Realtor, Gay Broker, Palm Springs Mid Century Homes, Palm Springs Realtor
ARCHIVED BLOG POSTS
2008
April 2008 - Any thinking person will realize we're already well into a recession. Economic data, like all other statistics, can be adjusted and manipulated to yield the desired results (within reason), so I tend to view public economic data with some scepticism. I prefer to get my indicators fro...
04/30/2008
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Word is that Trader Joe's is opening another store in West Hollywood at 8000 Sunset Blvd, at the corner of Crescent Heights, right where the old Virgin Megastore used to be.There are already two stores in the West Hollywood area (both on Santa Monica Blvd) - but there's a large market for their p...
04/29/2008
5
Comments
As a Los Angeles Condo Specialist I'm always interested in the highest priced condos for sale in different cities across the country. As at today's date, I've found a few eye-popping Listings in Los Angeles that boggles the mind but definately makes for interesting conversation. $27,000,000 - A t...
04/29/2008
The Davis-Stirling Act - All Associations, regardless of size, are required to prepare a Reserve Study. (California Civil Code) There are two exceptions to the requirement: - No Common Areas. Reserve studies are not required if an association does not have common area components that require repa...
04/29/2008
California Earthquake Authority Admitted Carriers: An "admitted carrier" is an insurance company that has submitted its insurance rates to California's Department of Insurance for approval. Once approved, the carriers are required to use those rates with all customers equally. The Department als...
04/29/2008
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Davis-Stirling Act - Agents and Buyers are urged to read and make enquiries about an HOA's CC&R's (Declaration of Covenants, Conditions & Restrictions), Bylaws and Rules & Regulations before removing contingencies in transactions. The HOA Documents - which are governed by The Davis-Stirling Act,...
04/29/2008
2
Comments
Many Condo HOA's maintain an Earthquake Insurance Policy for the Association and its members. However, owners are liable for a large deductable in the case of a claim. Accordingly, individual owners should purchase a policy to cover the deductable (which could be between $30-$50,000 per unit) AND...
04/29/2008
I've observed an interesting statistic which is good new for Sellers of Condos in West Hollywood.The average difference between Listing and actual Sales Prices since the begining of this year is approximately 5%. In other words, condos are selling close to their Listing Prices (achieving 95% of L...
04/27/2008
West Hollywood (Weho) is an incorporated city in Los Angeles County, California (1984). West Hollywood has an estimated population of 38,000 with a median age of 39.4 years. Estimated household income is $51,000 with a median house or condo value of $688,000 (based on 2008 statistics). The City o...
04/27/2008
Rainmaker
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COMPASS PALM SPRINGS | Stewart Penn
COMPASS Palm Springs - Broker Associate
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