Beverly Hills, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Speechless Sundays: It is OK to east Sushi on Sunday and even on Monday. There has been so much bad information on the World Wide Web, take my word for it if you go to a good Sushi Restaurant or a Japanese or a good Asian Grocery Store you will always find the ingredients are fresh. Now with that said if you come over to our home and I am preparing Sushi & Sashimi take my word it will be fresh! Now if you do not want to take my word for it check with  Masaharu Morimoto ! Now does that look fresh? Rest assured it is!  If you are looking for a 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 prop...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
If you are considering purchasing a home are you interested to know what the demographics of the neighborhood consists of? My take is that this question is usually secondary, the primary concern is if you like the home and can you see yourself living in it? Where do I come off with this idea? The answer is simple, let me use an example:In my market in the coveted 90210 zip code there is a home on the market for $135,000,000.00 indeed it is not a typo it is $135 million. Now with that said the house 12 bedrooms and 24 bathrooms and an approximate living square feet consisting of about 38,000 sq. ft. on a lot size of 225,516+/- sq. ft. of land.Now with that said what are the neighborhood demographics? Clearly if you can afford to buy a home in this price range you will be a minority as to...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Some days I tend to be more philosophical and some days I like to share some of what I have been thinking about, other days, I just like to share a few quotes from people we all know and learned to respect. So, with that said enjoy these quotes and apply them in your life as you see fit. “Man’s mind stretched to a new idea never goes back to its original dimensions” Oliver Wendel Holmes“There can be no transformation of darkness into light and of apathy into movement without emotions” Carl Jung“Happiness lies in the joy of achievement & in the thrill of creative effort” FDR“Only in men’s imagination does every truth find an effective and undeniable existence. Imagination, not invention, is the supreme mast of art, as of life” Joseph Conrad“… Be more concerned with your character than yo...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Most people think of Beverly Hills and they think of the Luxury and Ultra Luxury Homes. I bit less known Globally, but there are condominiums in Beverly Hills as well. They just do not get the exposure in the media. Needless to say I have listed and sold many Condominiums over the years. So if you are interested how the Condominium Market is doing please continue reading...  Just like other parts of Los Angeles have an inventory shortage. Beverly Hills, CA has a huge Condominium Shortage. Not only is the Global desirability that exists, but in addition to it the Beverly Hills School System is one of the Best in the Country and this has a huge draw to it.  Clearly when there is a huge demand and short supply the Days on Market will be very short. As you can see this is going to be a sell...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Breaking News: I just have been installed as the new CEO of NAR. In case you are not familiar that is the National Association of Realtor and do not worry not NRA in other words, not the National Rifle Association.Now, if you are still reading this post, just to be clear, it was inspired by my friend  Debe Maxwell, CRS      for an Active Rain Challenge. The request was:  what would I do if I was the CEO of NAR?Well my answer is simple: the long-term goal would be to change the organization at the leadership level, not just preach, but also practice the principals of Higher Ethics. Just as the membership is required to practice so will the leadership be required to practice the principals of Higher Ethics. This Airborne Ranger Infantry CPT and twenty plus year member of NAR would on the ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
The California Housing Market: Honest it is not a conundrum! There is a simple solution to fix both the Housing Shortage and the Astronomical Prices.How many times have you heard or read that the California Real Estate Market is such a difficult housing market? The answer is so simple, it is due to the Housing Prices. In other words, it is all about the affordability in our state. Home prices have increased astronomically compared to the national averages. Why is that? Politicians and Housing Gurus are wringing their hands and the standard mantra:  We need to solve the Housing Shortage and help the Homeless Population.Just as a background I have been a greater Los Angeles Realtor for about 22+ years and I have heard this virtually every day “we need to study this problem” then after hun...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
What makes a great International Realtor in Beverly Hills, CA. 90210This question becomes more and more prevalent as Beverly Hills continues to remain the Global Destination place for “the Global Elite”. I have to smile, when I see companies marketing and encouraging Realtors to put Alphabet Titles behind their names to justify that they can handle International Clients.I beg to differ, just by having taken a course does not make one an International Realtor. The title alone as being a designated International Specialist is not enough.Thanks to the Internet we are all marketing to the whole world, hence buyers, investors and relocation clients are watching our inventory and our price points.The Key to be a great International Realtor in Beverly Hill, CA must be summarized by the followi...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
The Beverly Hills, CA 90210 Single Family  Market Trends Report for Beverly Hills, CA 90210 is published...Thursday May 31, 2018 : This week the median list price for Beverly Hills, CA 90210 is $6,095,500 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 200. Now keep in mind when inventory is holding steady that means for every property that is sold one is replaced by a new listing. Hence the Status Quo is maintained. So, what is the Market Action Index you might ask me?The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Here is my suggestion for a Real Estate Contest aka Active Rain Challenge: What was  or is the most expensive and/or most controversial sale in your market place? As most of you who read my blog posts know I am a Berkshire Hathaway Beverly Hills Realtor and we have some Astronomical List and Sales Prices in our market.Now with that said everyone looks to Beverly Hills for huge prices and mega drama, but let’s be realistic. There are mega prices, mega dramas all over the country. There are fifty states in the United States and Active Rain is well represented in all fifty states.Hence, my contest recommendation is to: 1. Write about the most expensive sale in your market, 2. Make believe you are one of the sensationalistic News Outlets and share the “dirt” with us. 3. We would love to see...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
 Fresh off the press:  In House Realty a Quicken Loans affiliate and a subsidiary of Rock Holdings Inc.  acquires ForeSalebyOwner.comInterestingly, or should I say ironically, yesterday I was commenting on a question about Quicken Loans. How ironic is it that, today I am reading a breaking news post, that Quicken Loans affiliate House Realty acquires ForeSalebyOwner.com?I had absolutely no respect before about Quicken Loans as a lending institution and particularly how they were conducting business. Hence, I found it interesting that some of my fellow Active Rain Members started saying nice things about this organization and how they have changed.Now with that said there is an old saying: One cannot change one’s essential nature. Just as an example, The Leopard cannot change its spots. ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Wordless Wednesdays: Boston here we come!!! Thanks to our friend Lisa Von Domek  with heavy arm twisting and conspiring with Diane it is indeed confirmed that we will be in Boston, MA...Now you know me not only can I not do a wordless post but it is hard to do a Boston, MA post without my Team being in the picture:)))) So with that said it will be here sooner that we would like!!! If you are considering relocating to the Los Angeles area, please reach out to me directly!! If you are looking for a 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)
The Last Spymaster a novel by Gayle Lynds: a Book Review by Endre Barath, Jr. a Beverly Hills Realtor.This book was published in 2006 and I have met the author on June 4th, 2006, sadly the book sat on my shelf for well let’s just say too long. Hence as some of you who read my blog post know I decided to focus on reading books that we bought a while ago. Therefore, this book finally was put on high priority.If I was not working as a Beverly Hills Realtor in a busy market, I would have read this book over the weekend. So, if you are looking for a fast moving total page turner, then this book is a must read for you as well.Now what made this book even more interesting is that twelve years later life imitates art. Gayle Lynds has a Female CIA Director that is being backstabbed by people in ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Millenials need to be looked at from a different perspective if you are a Realtor. Times have changed.The millennial generation started growing up.They are getting married, buying homes and starting families in increasing numbers. And as a result, they're starting to realize that the liberalism they espoused as youths comes at too high a price in adulthood.According to the census data, the median age at which women are getting married is now 27.4, and for men it's 29.5. Given that the age range for millennials is roughly 18 to 38, that's right in the middle of this generation. Millennials* are officially the largest group of homebuyers in the U.S.Here's what you need to know about them:Communication PreferencesToday's homebuyers value speed, convenience, and a mix of in-person and digit...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Hardworking Assistants... I was on the phone with the MLS (The multiple listing service) for an hour, because for some reason "..the Go To Webinar Icon..." was not working correctly. The technician was great even went into a remote repair to no avail. Finally, he suggested I should reach out to Citrix ,the platform for the 'Go To Webinar'... now another hour with an equally pleasant technician from Costa Rica, we finally came to a dead end.We than realized  that we needed to clear my laptop from malicious malware... Now another thirty minutes later the problem was solved.The end result was, that this is the second time I missed the Training Webinar for the new Platform Vesta Plus.... at least now the Third Time will be a charm. Now, I need to sign up for the third time for the Webinar.....
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Jury Duty, how did I get picked? This question only comes up if you received the Summons to participate in your Civic Duty and are asked to register for Jury Duty. I happen to get picked every few years to participate. It did not matter if I lived in CT, MA or CA I always managed to get the infamous ‘Summons’ why is that?The answer is very easy: if you are a registered voter and or have a drivers’ license in California you are on the Jury Duty List. Clearly, if you were in a Civil or Criminal Court either as a defendant or someone looking for justice you would want people on the jury who are responsible and civic minded. Now with that said I have a valid driver’s license and I am a registered voter in Los Angeles County.Let’s be real, I would prefer someone if I needed a Jury to have a ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Speechless Sundays: so what is your Superpower?? 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 properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com.  I contribute a portion of my commission to local animal rescue organizations. 
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
 Maintaining the reality of your public persona and your real-life persona could be a delicate balance. Hard to believe, but many agents do not get the concept of what you write about, what they post about is in the public domain. Just to give you an example, I Google Endre Barath and Endre Barath, Jr. every day. No, it is not about ego, it is about seeing what the potential buyers and sellers and referring agents see. WHY? The answer is simple every time I connect with someone I do a Google Search on them. Just to make sure they are for real; hence I expect them to do the same of me.Now with that said since I anticipate the search, I also want to be clear as to what they see. I write about Real Estate in general, specifically I write about the Malibu Ocean View Homes, just as I write a...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Here is another inspriational Quote that I live by day in and day out... hope you love it as much as I do...    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 properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com.  I contribute a portion of my commission to local animal rescue organizations.      
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Buyers & Sellers of Real Estate need to beware of 'Posers'…This post was inspired by ‘Synchronicity’, There were several simultaneous occurrences of events which appeared to be related, but they had no discernible connections noticeable to me.First, I read a comment on Active Rain about military awards.Then, I received an email blast from Berkshire Hathaway’s internal email service, where several agents were pre-warning about “Amy “who would call about buying a home in our market and sell a home in another part of the country. On the surface this would look like a good Real Estate opportunity, unfortunately she is just a creative scammer.Shortly after it, I was sent a link to this month’s Vanity Fair Article about a woman who ….well never mind why don’t you read the article  (Vanity Fai...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
How is the Beverly Hills Luxury Real Estate Market doing? Don't believe what you read on R.com.... This post was inspired by the wrong information I saw today... R.com claimed that Beverly Hills 90211 is cooled down. Now keep in mind Beverly Hills consists of more than one zip code, just to add 90210 that everyone knows and where my office is 90212. If you pull 90211 out yes you can "cook the numbers" to your favor.What is the old saying numbers do not lie.... well hence I decided to do this market trends report for the City of Beverly Hills aka all the zip codes. Now you tell me:  How is the market? is it COOLED down??? Clearly you can see where the Average Sales Price is at year over year!!! Generally when inventory is short, that is usually an indication of a Hot Market. Properties a...
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