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Los Angeles, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Lemon, Avocado, Bucatini & Shrimp pasta dinner... this dinner was inspired, because Diane wanted a break from " Red Sauce so with that said I reached into my cookbooks and found this recipe in one of my favorite cookbooks: "Pasta Modern." Those of you who read my posts know I would end up modifying the recipe to make it my own.Well, I did the short recipe, lemon, lemon zest, shrimp, avocado and lemon juice.My additions, fresh parsley, clam juice, little bit of heavy cream and a lot more wine:). I also added little bit of heavy cream and substituted red onions with sweet onions as well as added some baby spinach,  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...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
My latest version of a corn chowder with clams... I have been a huge fan of fresh corn and other ingredients to make the Chowder. This time I decided instead of the canned minced clams why not go with the Wild For clam meat version.All I can say is once you switch to this you will never go back to the canned minced clams.You can actually taste the clams, and it was a hit. Tonight's easy dinner, since I had a really challenging day. Some day I might post about it. In the mean time enjoy the Clam/Corn Chowder. 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 pe...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Wordless Wednesdays: Citrus Tree pruning in the back yard... Diane decided to prune the trees. Needless to say, she has been coordinating with our Gardner to do this. Hence, I was stuck dealing with them.They showed up in the afternoon while I was in the middle of keeping one deal together and negotiating two other deal.Next thing I know is they are putting cut branches into the "trash" barrel after they filled the "Green Barrel."  after they left, I was trying to salvage many of the oranges. Clearly you know for future Orange Juice.... Needless to say, managed to save some but what you see here was probably 50% the rest were lost!    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 ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Just for fun: I do not mind sharing our oranges with the Squirrels what I mind is if they are wasting the oranges.Well, see for yourself.I make fresh squeezed orange juice every other day and Diane I love drinking it. Now days here to get a quart like I squeeze can cost anywhere from $5.99 to $8.99 and for me it is 20 minutes, worth of work. I hate waste, I guess I grew up with parents who were born before or during the depression and I learned to be frugal about certain things.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 Realto...
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I've had a lot of my clients, especially from Southern California and Los Angeles, ask me if mortgage rates are truly at record lows. I tell them, yes, world record lows. Universal record lows. Battlestar Galactica record lows. Ok, I'm exaggerating, rates aren't really at intergalactic lows. But Los Angeles mortgage rates ARE at the lowest levels they've been since 1955. When I tell people that, they don't believe me. I tell them "the last time mortgage rates were this low, Eisenhower was president and gas was 23 cents a gallon." How Long Will Los Angeles Mortgage Rates Stay This Low? People also ask me how long mortgage rates will stay this low. Good question and I don't have an answer other than "does it matter?" Does it really matter how long Los Angeles mortgage rates will stay at 1...
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  As part of my Downtown LA Series, I'm highlighting the Shybary Lofts located at 312 W 5th Street between Hill and Broadway on 5th. My goal with this series is to increase awareness in regards to the housing market downtown, and to show what an affordable price point it is for first-time buyers who live, work, and play Downtown.Downtown Los Angeles is an urban housing area with an active arts district, big business, and entertainment hubs LA Live/Nokia Theater/Staples Center. This unit at the Shybary Lofts is priced at $200,000 with HOAs of $280 at time of recording. Valet parking is included or $150/mo. Adjacent to Metro Station & Pershing Square. GO #DTLA!
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By Brian Skaar, Purchase Loan Specialist - VA, FHA, Conventional
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
The time is now for FHA Streamline Refinances With HUD's announcement of changes to FHA Mortgage Insurance Premiums beginning on October 4, 2010, it brings urgency to those homeowner with current FHA Mortgage Loans to consider a FHA Streamline Refinance  and get started before the changes go into effect.   Although the UFMIP, or Upfront Mortgage Insurance Premium is being reduced from 2.25% to 1.0%, the Annual MIP rate is being increased from .55% to .90%, this is paid monthly by the borrower with their Mortgage payment.   The Net effect of this increase is approx. $22 per month per $100K purchased.    So what does this really mean to me?   If you have an FHA Loan now,  call your FHA Loan Officer today to get a quote for a FHA Streamline to take advantage of these low FHA Loan rates.  I...
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By Angela Bond, Los Angeles Real Estate | 310 666 5052
(Keller Williams Realty)
  Hancock Park Real Estate Open Houses Tuesday August 31st Don't forget to click the pictures or the address for full details and more pictures!! First stop today was 1236 S Van Ness, just north of Pico. A country English home from the outside, with warm colors and flair on the inside.  They were doing some work during the open house, but nonetheless I got a good feel for the space and the possibilities.  A spacious beamed living room opens out to a patio and a back yard which was both expansive and private.  Downstairs is completed by a kitchen, breakfast area and dining room.  Upstairs you'll find three bedrooms with good room and storage in each to keep most people happy.  This is the area of the house that needs the most work to me, but paint and carpet would go a long way.  Some ni...
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
Welcome to The LA Connection Property Blog "It's not always what you know, but who you know" - so let's get to know one another. Stewart Penn's Blog features the latest Real Estate news, details of unique and interesting property listings (including celebrity properties), information about Open Houses as well as the most up-to-date Real Estate Market Reports. Topics include details of events and happenings in-and-around Los Angeles and West Hollywood, news about the latest gadgets and products, restaurant and hotel reviews and and even political commentaries and opinions. Explore my blog, state your opinions and comments, and keep the conversation going. A few of my most popular recent blogs are: I Got Stood Up - And It Made Me Mad When Exactly Is A Property Sold? Same-Sex Marriage To R...
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By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
Silver Lake Real Estate Market Update: September 2010 Well priced Silver Lake real estate is selling relatively quickly.  There is not a particularly large inventory homes for sale in the area right now. The mls shows the current active listing inventory to be only 52 homes. The follow chart shows Silver Lake Real Estate Market activity for the Month of August, 2010. Now let's take a look at some year to date figures from January 1, 2010 through August 31, 2010. These figures are for single family homes in Silver Lake only and to not include Silver Lake condos or income properties. Silver Lake Home Sales Year-to-date from January 1st, 2010 through August 31, 2010  Number of Single Family Homes SOLD: 80 Highest price - $1,890,000 Median price -$735,000 Average price -$733,989 Lowest pric...
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
When is a Price Reduction not a Price Reduction? When a Listing Agent makes a price reduction to a listing, our MLS indicates this and attaches a green downward-pointing arrow next to the new List Price. Prospective Buyers and Agents will probably become more interested in the property because it appears that the Seller is becoming realistic and getting in-touch with actual market prices.. Right? ..... Not so fast! Today I noticed price reductions for a newer 31-unit condo development in the heart of West Hollywood. I've blogged about the peculiar pricing techniques used in the marketing of this development, but today's price reduction took the cake .....  Prices had been reduced from $800,000 to $795,000 and from $700,000 to $695,000 - less than 1%. In my opinion that's not a price re...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Century City/Westwood, CA Condominium Market Report for August, 2010 The strength of the Real Estate Market is a great deal affected by the overall confidence of the consumer as well as the news they are inundated with via the news and now the internet. There are trends that must be looked at and noted in the decision making process whether to buy or sell. So here we are the month of September has started. Now let us look at how the Condominium Market fared for the month of August in Century City/Westwood.  As I blogged last month that we need to watch the trends, I would like to add not only do we need to watch it nationally but more importantly locally. I have noticed that in the past four months the listing inventory has been spiraling up. Four months ago we had 277 Active listings, ...
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Welcome to Caroline Sells The City's video blog! A lot of news and statistics have been released from the media about the current real estate market, but I wanted to share with you a market snapshot of roughly what a million dollars will buy you in Los Angeles today.  Statistics are great when looking at markets on a macro-level, but what does that mean in relation to a specific market?  See what $959,000 will buy you in Brentwood today.
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
The Wilshire Comstock is situated at the east end of the Wilshire Corridor and has spectacular views of the city and Los Angeles Country Club.  Built in 1961 the two 19 story towers house 6 units on each floor.  Amenities include concierge, valet, pool, exercise room, pool and banquet facilities. 7units have sold over the past year with a median price of $600,000, the high being $825,000 and the low $400,000.  Average days on the market were 156. There is 1 unit under contract. 3 condos are for sale, the high beibg $1,500,000 and the low $675,000. 3 units are for lease, 2 one bedroom one bath for $3,995 and $4,250 and 1 two bed 2.5 bath for $7,500. Search homes for sale at the Wilshire Comstock
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The New Rules of Remodeling The Wall Street Journal 's been noticing a trend recently - home improvement stores across the nation are seeing more people lining up at their stores.  In the middle of a recession?? Why, yes, and here's why: homeowners who may have a bit of equity left in their homes - and can't necessarily afford to go through the process of purchasing a new home with down payment and escrow costs - are deciding to make the best of what they do have: their current homes.  By giving their current homes a little nip, tuck, and botox injection here and there, homeowners are making a psychological return-on-investment in their homes by making it more comfortable for the long haul.As a realtor, I've personally seen this happen as well.  Many clients and homeowners I know are i...
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By Andrew Jones, LA Beach Cities Homes 310-399-3740
(Horizon Pacific Realty )
L.A. BEACH REAL ESTATE CHANNELLABeachCitiesHomes.com and Venice Beach Realtor Andrew Jones take fast, fun, and informative looks at the real estate market in Los Angeles's beach cities from luxury homes and estates in Malibu & Pacific Palisades, to condos on the sand in Santa Monica & Marina del Rey... Live the Life! Click on the picture below to link to my new Los Angeles Beach Cities Real Estate Video Channel on YouTube.   See Complete, Categorized, Up-to-Date MLS Listing for all Properties Available in Pacific Palisades and L.A.'s Other Beach Cities at AJonesREALTOR's Website: http://www.labeachcitieshomes.com Home Page / Malibu / Pacific Palisades / Santa Monica / Venice / Marina del Rey / South Bay / Palos Verdes Peninsula / Harbor Cities / Contact Us    All the Current MLS Listing...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
There are three new Century City Homes on the market. Century Hill has two:  a 2 bed 2.5 bath, 2,2274 sq. ft unit for $1,250,000 and a 3 bed 6 bath, 2,912 sq. ft. unit for $1,995,000.   HOA dues on the former are $1,186 and on the latter $1,428.66. 2220 Century Towers has  one new unit, a 3 bed 2.5 bath 1,624 sq. ft unit for $1,895.00 The HOA dues are $1,889. Search for homes at Century Hill Search for homes at Century Towers
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
There is a new home for sale on the Wilshire Corridor.  The Churchill has a new condo on the market.  This is a 2 bed 2 bath, 1,419 sq. ft. unit for $599,000.  HOA dues are $1,050 per month. This is a first floor unit with its own private outdoor area. Find condos for sale at The Churchill
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As part of my Downtown Los Angeles series, we're touring a unit at the Little Tokyo Lofts located at 420 S San Pedro. This unit is 800 sq ft and priced at $149,300 at the time of recording. Caroline Choi Real Estate Caroline Sells The City LA www.CarolineSellsTheCity.com
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
Condo Building Condos Available Low Median High Avg Sq Ft Beverly West,* 1200 Club View Dr. 7 $1,600,000 $4,967,000 $7.100,000 3,691 Blair House, 10490 Wilshire 3 $875,000 $1,300,000 $2,.395,000 2,043 Crown Towers, 10701 Wilshire 5 $475,000 $679,00 $699,900 1,243 La Tour, 10380 Wilshire 8 $1,795,000 $2,295,000 $2,995,000 3.141 Marie Antoinette. 10787 Wilshire 3 $390,000 $420,000 $575,000 1,459 Park Wilshire, 10724 Wilshire 8 $799,000 $1,049,500 $1,590,000 2,079 Ten Five Sixty 1 $2,150,000 $2,150,000 $2,150,000 2,152 The Californian,10800 Wilshire 5 $1,995,000 $2,795,000 $4,295,000 2,934 The Carlyle,* 10776 Wilshire 6 $1,995,000 $3,597,000 $6,060,000 3,175 The Churchill, 10450 Wilshire 5 $480,000 $521,000 $799,000 1,661 The Diplomat, 10350 Wilshire 4 $800,000 $922,000 $1,349,000 2,103 T...
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  Welcome to CarolineSellsTheCity.com - your place online for the real deal on the LA real estate market.  Check out this great foreclosure deal in Downtown Los Angeles, $179,500 for a 770 sq ft loft condo in the heart of Downtown LA in the Higgins Building.   Happy Buying and Selling!   Caroline Choi Real Estate Caroline Sells The City LA www.CarolineSellsTheCity.com
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A MUST-SEE for all first-time buyers: this is the real deal If you're a first-time buyer - hell, even if you're a repeat buyer but buying in this market, YOU NEED TO WATCH THIS.  FHA buyer?  Wanting to offer full price?  Want to buy a foreclosure?  It ain't easy.I know it's all in jest but it also is so very, very true.  Listen to your trusted realtors, we know what we're talking about!Happy Buying!http://www.youtube.com/watch?v=SM7oWKgCVo4
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
Below is an overview of  the Wilshire Corridor homes sold since August 2009 Condo Building Sales Low Median High Avg DOM % Sold vs List Price Beverly West,* 10490 Wilshire 0 The Carlyle,** 10776 Wilshire 2 $4,700,000 $5,983,750 $7,267,500 46 75.17 Blair House, 10490 Wilshire 3 $1,190,000 $2,700,000 $4,000,000 132 93.59 The Californian, 10800 Wilshire 7 $1,250,000 $1,900,000 $4,825,000 246 90.81 The Remington, 10727 Wilshire 4 $1,150,000 $1,876,250 $3,350,000 181 93.42 La Tour, 10380 Wilshire 2 $2,550,000 $3,300,000 135 89.38 The Longford, 10790 Wilshire 0 The Wilshire, 10580 Wilshire 2 $1,090,000 $1,495,000 $1,900,000 70 96.88 Wilshire House, 10601 Wilshire 1 $1,475,000 $1,475,000 $1,475,000 483 89.39 Park Wilshire, 10724 Wilshire 5 $472,000 $1,100,000 $1,400,000 262 85.69 The Grand , ...
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By Claudia Andrade-Desbiens Los Angeles Modern Staging, Home Staging Los Angeles & Orange County
(Modern Mecca Home Staging, Luxury & Architectural Real Estate Staging, Los Angeles, CA)
It's been a crazy summer for us here in SoCal and this past week our Los Angeles Home Staging Studio Modern Mecca was busier than ever working on model homes for a new client who will soon be launching a new mixed-use development in an area of the city that is undergoing gentrification. To assist this Developer and his sale team, Modern Mecca was brought in to design and furnish 2 vacant units in their new building in Los Angeles - a loft and a flat. After touring the property and doing some research, we narrowed down the ideal target audience for the project: Young professionals, hip creative types, either single or newly married couples with no children. Soon after that we devised, designed and developed a plan to attract this market by offering them the urban, fresh, modern lifestyle...
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