Beverly Hills, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Speechless Sunday: Guess who is coming to dinner...  Diane insisted on us leaving the house. There was a play that she wanted to see. One of her coworkers was in it.... Well reluctantly I agreed. No, it was not Spencer Tracy & Sidney Potier, but it was incredibly powerful, and I laughed and cried at the same time. Great acting great performance.Not having seen the movie in decades it all bought back wonderful memories and a better perspective of the movie. How appropriate in today's times. I also miss Sidney Potier's kind and laid-back personality. I still see him patiently waiting for his car in front of Spago the Restaurant... oh about 15 years ago:)  Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-orien...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Thank You Veterans! I am grateful for your service!Tomorrow is Veterans Day! Chances are you know a veteran. It might be a friend, a family member or even yourself.There are some people who sadly confuse Veterans Day with Memorial Day. November 11th is Thanking Veterans for their service in defending this great nation, those who are still alive.Just as there are some people who are confused, and wonder is it Veterans Day or Veteran’s Day. It is Veterans Day since it covers all Veterans from all Branches of the Military not just one Veteran.Many people are not sure what to do or say to a Veteran on Veterans Day or any day.As far as I am concerned, the answer is very simple as to what to say and how to greet a Veteran on Veterans Day, how about saying:“…I am grateful each and every day fo...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Motivation Monday: Sometimes you just have to write a post like this. As you know I seldom write posts like this, but today was just one of those times that it called for a post like this. These two messages are so powerful I just had to share them with those who read my posts. Tell me if you agree with them!!!! 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 luxu...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
 Monday Nov 07, 2022This week the median list price for Beverly Hills, CA 90210 is $10,995,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 157Keep in mind there are more zip codes than the coveted 90210, since most people consider Beverly Hills as the 90210 I am only focusing on this segment. Now if you are wondering there is 90211 & 90212 as well. If you would like a report about these zip codes please reach out to me directly.  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 $28,900,000 12,174 1 - 2.5 acres 7 10 35 3 0 196 $14,995,000 8,000 0.5 - 1 acre 5 7 47 1 0 154 $8...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
I am so grateful words are difficult to express it, but I will try... Debe Maxwell, CRS  what a perfect time for you to challenge us to do 'Grateful Posts'. Well, what are the odds.  Today I received an email from the California Association of Realtors. Here is the cut and paste of some of it: Hi Endre,You recently filled out the C.A.R.’s 2022 Legislative Engagement Member Political Perspective Survey and opted to enter into the drawing for a $500 Amazon gift card. There are 3 winners that were randomly chosen, and you are one of those winners, so congratulations!Please respond to this email if you would like to claim your prize and provide your preferred email address to which we should deliver the gift card....Now with that said Debe, you said try not to do the usual be creative, well...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
I would be remiss to not participate in this wonderful Active Rain Challenge sponsored by our friends Aura Alex ,  Leanne Smith and Carol Williams on such a great topic.  When I began blogging on Active Rain in or around 2008, I had no idea what blogging even was; I only knew I had to learn.  In those days we had active Community Managers who posted and lent ideas about what would pique interest and thus get our names out on the Internet. Ultimately the goal was to generate additional business.   As a Greater Los Angeles Realtor trying to make a living during the bottom of a down market, it would have been extremely foolish of me not to give it a try. I was basically out of business, looking for referrals and thought Active Rain was the way to go.  Fifteen years later and I can honestly...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Thank you Rocky Dickerson , for reaching out to me for an Interview. I felt honored and humbled to participate. As I said to you, I am more of a person you ask in writing and I am happy to put the answers in writing. Years ago, someone joked with me, that I have a great Radio Voice:) the subtle message was that I should forget videos. This stayed with me even when everyone else is doing videos.Now with that said, not sure you got the answers you were looking for. As a Vacant Land Specialist for the past 27 years in the greater Los Angeles area, I can say it is not for the faint at heart.I have had difficult listings in the multimillion-dollar price range as well as in the low end of the hundred-thousand-dollar range. I still recall fondly talking to the Billionaire Buyer what will it ta...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Real Estate in the upcoming new year 2023, Observations by Endre Barath, Jr. a Beverly Hills Realtor.With October two-thirds in the books, naturally a majority of headlines are focusing on next year.  Even medical appointments are being made into 2023, as I hear Diane complaining that she needs her 2023 wall calendar.  October is one of my favorite months of the year.  Generally, the temperatures cool down and I welcome a respite from the summer heat; nights can be comfortable once again for sleeping without air conditioning. As for Real Estate in the new year, as I see it the current market shift is favoring buyers. I hear listing agents complaining about buyers and their unreasonable demands. Funny, not long ago I heard buyers’ agents complaining about the unreasonable sellers.  So, w...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
 I wrote a blog post in 2010 how ironic, twelve years later I might not need to change much to it? Let me know your thoughts    https://activerain.com/droplet/5cXM The first step in home ownership is to figure out how much you can afford each month. Many first-time buyers look at their current rent and base it  what they can afford. The key is to know how much one can afford. Once this is determined the rest is easy.The key is to know what the budget is in the long run. Do not spend every penny of your income to your housing budget. Remember you still need to eat and there are unexpected costs, or should I say unplanned costs that you need to think about. Even if you need to cut back on your down payment for the sake of having a reserve in your bank account for emergencies it is worth d...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
A day in the life of a Beverly Hills Realtor, one who has been licensed for over 26 years (not including my time as a Boston, MA Realtor).  Given all these years of practice, you can probably imagine that I have a slew of stories from which to choose to share on the platform! A couple that crossed my mind were the time I went with a client to look at condos in the San Fernando Valley and one of them had a camera and tripod focusing on the sleeping area;  or there was the listing appointment where the owner had at least 15 stray cats and another 10 cats that were meandering between inside/outside the home.  (As a cat dad and pet friendly realtor myself, I had a tough time not taking the listing.) The story that ultimately won out is the time that I fired a group of 3 brothers with whom I...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Do the headlines affect the Real Estate Market? Observations by a Beverly Hills Realtor   While the gurus offer their investment suggestions of gold and diamonds to name just a few, not many are willing to step up and say park your money in real estate.  Why not, you may ask?  Well, they love volatility since it justifies their existence, and they can preach to the masses.  On the other hand, if you really want a tried and true way long-term investment to protect your money, I have no problem saying park your money in real estate.As a first-time buyer, you will be putting money into your own pocket rather than the landlord’s pocket; five to ten years from now, you will be glad you did. If you are a multiple property owner and landlord, you already know that those who are afraid to buy o...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Monday Motivational Quotes are always beneficial to all. Seldom do I write them, part of it is because I am self motivated.There are times when I enjoy reading them and then there are times I enjoy sharing them. So with that said please enjoy and let me know your thoughts. “We cannot solve problems with the kind of thinking we employed when we came up with them.” — Albert Einstein   “Learn as if you will live forever, live like you will die tomorrow.” — Mahatma Gandhi   “Stay away from those people who try to disparage your ambitions. Small minds will always do that, but great minds will give you a feeling that you can become great too.” — Mark Twain I have always loved all three of these wonderful people and read about their lives so the quotes have an extra special meaning to me. Hope...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
There are some days we just need to persevere now with that said. Let me share some powerful quotes and hope they will make your day easier to handle:"...Never let the fear of striking out keep you from playing the game." -Babe Ruth"...Many of life's failures are people who did not realize how close they were to success when they gave up..." -Thomas A. Edison"...Real Estate is a challenging profession it is not for the weak, you need to stay strong if you want to succeed. That is 26+ years of experience speaking..." Endre Barath, Jr. 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! I...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
With so many contradictory headlines out for everyone to read, I thought you would appreciate the most recent Real Estate Activities in the 90210 zip code. Personally, I understand the frustration, keep in mind when someone publishes market statistics that end in July or Middle of August may I suggest you just delete it or move on. The Real Estate Market is in a very fluid state mostly due to Inflation and increases in interest rates in the 90210 zip code. I am a fan of Altos Research, because they keep their data current up to the day I post the information, rather than months or weeks behind as many other reports. The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Looking for the latest update: What is going on in the Greater Los Angeles Real Estate Market? Observations by a Beverly Hills Realtor, Endre Barath, Jr.I get asked this question almost every other day from existing clients and those clients who are considering buying or selling. I keep repeating myself like a broken record: Please do not listen to the “headlines” instead let’s look in the areas you are considering buying or selling.  So they ask is this the new normal??Keep in mind the larger trends are a good indication of the pulse of the market, but it is not a tell all.What I am seeing there is not only a low demand to buy, but it coupled with low supply. There are fewer buyers who are considering buying and there are fewer sellers who are considering selling to either move up or i...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
One of my favorite Fish Stories, this story has been told over & over... Thank you Ray Henson  &  @Margaret Rome for inspiring me to share it here with the community. (the above photo is of a painting  by my grandfather there grainy part is the fish) Here is one of my favorite Fish Stories. Every word of it is true and it has been told over the decades and the story never changed one bit. Keep in mind, the story has been told over dinners and at family gatherings by three generations and still, the story never changed.My Grandfather made a living selling his paintings in Germany, Austria, and Hungary from the 1920’s to the early 1950’s. His paintings were also exhibited in museums all over Hungary. (the picture above  taken is  at an art exhibit in a museum in Gyoer, Hungary and the  pa...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Truth or Dare:  No Fish Stories here in the August Challenge!...    We all go on vacation to get away from it all and have a great time, but I want to know, what vacation day was your worst?              I was flying back from Europe and for some strange reason the flight from Vienna was diverted to Paris, instead of having me fly to JFK the Airline then flew me to London and from there I ended up in Minneapolis Minnesota. When I arrived, the customs guys looked at me and I smiled  and said thank God I am on US soil…. From there I went to LaGuardia airport in, N.Y. and took a Limo to Waterbury, CT. Vacation was great but getting home was a challenge.      What would be your bucket list vacation or, if you have already taken it, tell us about it?  Pictures encouraged.        My bucket li...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
CanvasRebel Magazine: Meet Endre Barath a Beverly Hills Realtor... I was recommended by a friend that they should interview me. I was honored to be recommended and that they selected me for the Interview I am even more grateful.  Not wanting to bore you with the entire interview. I will give a quick excerpt  and if you want to read the rest of the Interview please click on the link. below.We’re excited to introduce you to the always interesting and insightful Endre Barath. We hope you’ll enjoy our conversation with Endre below.Alright, Endre thanks for taking the time to share your stories and insights with us today. What was the most important lesson/experience you had in a job that has helped you in your professional career?Having been a Captain in the US Army, I learned the importanc...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
 I am so appreciative of the Five Star Reviews. I provide the same service to all my clients, but those who go the extra mile and publish  a Five Star Review I am even more appreciative, that they were willing to write and publish it for all to see what service they received! Endre Barath recently acted as our realtor for a duplex property my sisters and I needed to sell. Unfortunately, our brother had passed away around a year ago. Due to our ages, we were not comfortable traveling from the East Coast to LA to assist on preparing the house or managing the transaction. Endre did a fantastic job helping to pull it all together, while interfacing not only with the 3 of us, but also our lawyer, and three local friends who assisted on repairing, cleaning and emptying the property. We found ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
The best Marketing Enhancer Purchase I have ever made!I have been busy with all my listings and prepping for my duties in Paris  with the great Chef Alain Ducasse.  Hence, I did not have  much time to focus on my own purchase from the  Active Rain point store. Now with that said, let me tell you what my purchase will be.Keeping in mind, I eat and sleep Real Estate in the Greater Los Angeles area. As listings are becoming more competitive,  it is important to have an edge over the competition. Hence when it comes to  getting the Luxury home listings in Bel Air, CA 90077 and in Beverly Hills, CA 90210  we need to show off our marketing skills.The sellers are now focusing on what is our marketing strategy and how is better than our competition. Gone are the days when we told the sellers we...
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