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Beverly Hills, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Monday Motivation: it has been a while since I posted one of these posts... I have been busy in a good way for which I am very grateful for. Now with that said let me go to my favorite philosopher Marcus Aurelius. I never get tired of reading from his Meditations and never get tired of sharing them here.He who sees the present has seen all things, both all that has come to pass from everlasting and all that will be for eternity: All things are related and the same.How many who once rose to fame are now consigned to oblivion: and how many who sang their fame are long disappeared.Do not dream of possession of what you do not have: rather reflect on the greatest blessings in what you do have, and on their account remind yourself how much they would have been missed if they were not there. ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Throwback Thursdays: memories of a Beverly Hills Realtor... the top photo  was in 2016 after Schmoie and I came back from a long walk:).Three years ago, Wiley in our old guest bathroom pre-remodel:)The above photo was taken in 2013 at Grimmets in Beverly Hills our car repair shop. Check out their client base:))Well, why not post another one, see how many of their clients you recognize?Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly! If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach ou...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
To the Long Gray Line and all United States Military Academy Supporters: Observations by a Beverly Hills Realtor on Duty, Honor, Country.  As I take a small piece from, and reflect back on, FDR's speech of December 7, 1941 - March 11, 2024, will live in “infamy".  For that is that day that the 61st Superintendent of the United States Military Academy at West Point penned a letter justifying and announcing a change to the Academy's official long-standing Mission Statement of “Duty, Honor, Country”.  He shrouded himself by using the word "updating" when in reality the statement has been eliminated and replaced with the wording “… To build, educate, train, and inspire the Corps of Cadets to be commissioned leaders of character committed to the Army Values and ready for a lifetime of servic...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
There are times when sellers do not want to have the property listed and marketed in the MLS. I am not a fan of it. I believe the more eyes see it on the various platforms the odds are better we get an offer sooner.Then there are times I focus and try to convince my sellers to list it on all the platforms. The only time I like it being not in the MLS when I am trying to cool a property and bring it back as new.What are your thoughts? Inquiring minds want to know.Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly! If you are looking for a pet friendly Beverly Hills Realtor who can handle...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Beverly Hills Market Snapshot in the 90210-zip code... Tue Mar 12, 2024This week the median list price for Beverly Hills, CA 90210 is $10,995,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has decreased to 14.The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.Market SegmentsEach segment below represents approximately 25% of the market ordered by price. Median Price     Sq. Ft.   Lot Size Beds      Bath      Age        New      Absorbed              DOM$37,500,000       10,933   1 - 2.5 acres       7            11          31          3         ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Life of a Pet friendly Beverly Hills Realtor, check it out...Watching and observing our pets not only is enjoyable but a learning experience as well. Well, look for yourself.I never get tired of seeing them enjoy life in our home. Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly! If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach prop...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
March always comes around quickly after the short month of February although we did have an extra day with leap year.  Still, here we are already in the final month of the first quarter of 2024. This month I'll touch on the conflicting information out there on the real estate market, inflation and the economy.  A good example is that I recently read in one news outlet that inflation is hovering at 3.9 %; yet another stated 7.9%.  When I go grocery shopping, however, it seems to me that prices have increased closer to 25% to 40%. The same goes when I fill up my car with gas, adding to that here in California our gas prices are even steeper than other states.  Anyway, you get the idea. You may already know that Los Angeles is roughly 60 square miles with many different pockets. Depending ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
I keep John Wooden's Book " Lifetime of observations and reflections on and off the court" hand reach from me.I still see him walking on Wilshire Blvd near UCLA minding his own business, not looking for recognition, just an old wise man walking in his neighborhood.Now back to my question what your definition of Success, well John Wooden coined his definition of Success in 1934. Let me share it here:" ..Success is peace of mind that is the direct result of self-satisfaction in knowing you did your best to become the best that you are capable of becoming..." As John Wooden said there is only one person who can ultimately judge the lever of your success and that is YOU! I cannot agree more with this observation.I am one of my harshest critics, I do not verbalize it externally, but internal...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Observations by a Beverly Hills Realtor, Endre Barath: Is there a real estate foreclosure wave coming? I have seen headlines that try to promote this idea, that a New Wave of Foreclosures is coming our way. Personally, my take is, those who push this idea are attention seekers who do not know what they are talking about. Their headlines and posts remind me of the Bait & Click concept or maybe they have an ulterior motive??Just to be clear I follow Altos Research & the Multiple Listings Data very closely and have not seen any indication of this “wave”. In addition, I listen to Steven Thomas who is a Quantitative Economics & Decision Scientists. If you do not follow him, you should, check out some of his pod cast, his focus is on California, and he is starting to expand his knowledge and ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
The short month of February is already approaching double digits and I thought I should send out my monthly observations.  All of us in the greater Los Angeles area were focused on the Atmospheric River four-day rainstorm that deluged us earlier this week. I hope that all of you reading this market observation post were safe and that your homes survived without damage.  I have had inquiries if I knew of any roofers.  Obviously, those in the roofing business are likely very busy right now or will be once winter is officially behind us.  On a positive note, just like last year we will experience a colorful spring and the wildflowers should once again entertain us with a super bloom.   On the real estate front thanks to mortgage rates remaining steady (overall in the mid- to low 6% range) ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Just wanted to wish you all a Happy Lunar New Year 2024 also known as the year of the Dragon. The Lunar New Year is a time of celebration and renewal in Chine’s culture. I always enjoyed the animal signs and what I have read is that on February 10th, 2024, we will enter the Year of the Wood Dragon.Some of you might know that, unlike in the solar calendar, which has fixed dated every month, the lunar calendar’s dates vary depending on the phases of the moon. In other words, the beginning and end of each year will not always coincide with the Gregorian calendar.Now let me share that the Dragon in Chinese culture holds a significant place as being an extraordinary creature in talent and excellence. It also symbolizes, power, honor, luck, nobility and success. So, with that said if you are ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
The Beverly Hills Market Snapshot of the Real Estate Activity, for the  90210 zip code. Check it out and let me know if you have questions. Wed Feb 07 2024This week the median list price for Beverly Hills, CA 90210 is $10,495,000 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has increased to 149. Market Action IndexThis answers “How’s the Market?” by comparing rate of sales versus inventory.  Slight Buyer's AdvantageThe market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.    Market SegmentsEach segment below represents approximately 25% of the m...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Recognition for 2024 Production by Berkshire Hathaway HomeServices California Properties.Berkshire Hathaway's Beverly Hills, CA office is proud to announce that Endre Barath. Jr. has achieved the Leading-Edge Society for 2023 This puts him in the top 9% of all Berkshire Hathaway Home Services Agents. Congratulations!!This announcement went out today to the entire BHHS community and anyone who follows them.Personally, I am thankful and grateful for the clients who got me this recognition. A heartfelt thank you from me. Feels great to be recognized every year.I have piles of awards in the garage Diane wants me to get rid of, now here will be one more added to the pile:) Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Some days are more challenging than others, today was one of those days that I have not experienced in quite a while. I call that a true test of Real Estate....Seldom does this happen but when it does, I reach to my favorite philosopher Marcus Aurelius and I calm down, clearly these problems are not new, they  have been around for over 3000 years.So, with that said let me quote some of Marcus Aurelius sayings, these few quotes are in no particular order or reason hope you will enjoy them:Soon you will have forgotten all things: soon all things will have forgotten you. Imagine you were now dead or had not lived before this moment. Now view the rest of your life as a bonus and live it as nature directs. Perfection of character is this: to live each day as if it were your last, without fre...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
With all the AI posts I would be remiss if I did not share one of my books that is hand reach from my laptop. It is called " Double Your Brain Power" written by Jean Marie Stine.If you have not read it may this post inspire you to look for it. Forget the AI stuff keep your brain and double its power.Here is a quote on page 19: You can put these University of California findings to work in your life right now.... here is the short version:1. Look at a clock or watch.2. Note how long it has taken you to read the past few pages.3. Now return to reading. This time, make a conscious effort to concentrate on reading as fast as you can without skipping anything,Now may I quote another message:In Today's world, you have only two choices:Stay as you are and continue to be overwhelmed by its dema...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Is everyone enjoying the latest spin of relentless repetitive messaging to use, or experiment with, Artificial Intelligence (AI)? As I log onto my laptop now, I am often greeted with "Create Stunning Images with AI". Thank you, but no, all I wanted to do was log in, check and reply to emails and do some leisurely browsing as I sip my coffee or drink my wine depending on the time of day. I've never been a fan of being pushy or pressured, I've never used those tactics on my real estate clients, yet here I find myself consistently on the receiving end of a pushy approach. How about: Hello, Endre! I can do even more with Microsoft Edge, ask me anything or pick a suggestion to get started!I've also noticed that if you express resistance or are not a fan of embracing this next wave, here come...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Observations / Look Back / Reflections of 2023, the Year in Review. by a Beverly Hills Realtor Endre Barath, thank you Dorie Dillard Austin TX  for reminding me to post this. From a real estate perspective, the market was probably one of the more challenging I've seen in over a decade. This was the perception portrayed by the media as well as many other people.  My observations are based on having been a Realtor for over 29 years, with 26+ being in the greater Los Angeles real estate market.   My take is every year is challenging, just the challenges are different. Let’s not forget the Financial Crisis of 2007-2009 was certainly no picnic. When the recovery came, lenders tightened their standards for future home buyers. Ironically with the lower interest rates, buyers were able to affor...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Beverly Hills, CA 90210Fri Jan 05, 2024This week the median list price for Beverly Hills, CA 90210 is $10,995,000 with the market action index hovering around 29. This is an increase over last month's market action index of 27. Inventory has decreased to 136.  Market Action IndexThis answers “How’s the Market?” by comparing rate of sales versus inventory. Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.Again, this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
“Kindness is Invincible” Marcus Aurelius  “…if you can show them the better way. If you cannot, remember that this is why you have the gift of kindness…you can do it too. Or tell me-who is stopping you?...” Marcus Aurelius This is my third contribution to the Active Rain December Challenge Titled “Acts of Kindness” How appropriate the Host Kathleen Daniels, Probate & Trust Specialist   has taken on this challenge of co-hosting such a meaningful Active Rain Challenge. Needless to say, she has been on top of every post written and she interacted with every person who wrote or commented. No complaints no disgruntled or snarky comments, pure kindness from the host. I have hosted Active Rain Challenges over the years and it is not easy. It is labor intensive, for us hardworking Realtors duri...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
I had to share this post with all my readers, friends and acquaintances...When I was growing up as a child, my parents were always sharing their wealth and kindness in Communist Hungary. They would throw Christmas and New Years Eve parties and invite their friends, my father's coworkers, and acquaintances. We were living in a very comfortable lifestyle and could afford to do this. I had oranges, tangerines when people could not afford apples to name a few.My father always said, if we have enough for us, we need to share with others who do not. Now with that said, everyone looked forward to coming to the Barath's home for the once or twice luxurious meals and parties. Since my dad had wine and alcohol on top, he gave it away to all the guests who could not afford to buy them or get them ...
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