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Los Angeles, CA Real Estate News

By Michelle Minch, Home Staging Los Angeles and Orange County, CA
(Moving Mountains Design Home Staging, Pasadena, CA)
I got a Los Angeles home staging job today, and it was one of the easiest jobs I have ever gotten. I did not know the agent - I had never worked with her or met her before. She got my name from another Realtor in her office who receives my email newsletter. This Realtor was looking for a home stager in Los Angeles because she was listing one of her own investment properties. She knew the fastest way to get it sold was to stage it. What did I do to get this job so easily? I responded to the Realtor's email promtly I responded with the information she had requested I anticipated her additional questions and included that information in my response My response was professional - it came from a professional sounding email address Michelle@MovingMountainsDesign.com and I have a professional ...
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By Matt Sweeney, Rich Kids Real Estate
(Rich Kids Real Estate: The Brokerage)
Rich kids new to LA - when it rains here, it's not like your average run of the mill rain you get back east or in the Midwest. A week of substantial rain in Los Angeles is equal to a blizzard or other severe inclimate weather elsewhere. The city (and people for that matter) are simply not equipped to handle vast amounts of rain. At the very worst, this is when mud slides can occur, flooding, etc. More likely however, you are going to have to deal with horrific drivers on the road. Because rain is so unusual in our sun drenched playground, oil and other slippery substances build up on the roads/freeways making driving extra treacherous. A friend of mine once said that if you spill a coke on the freeway, it's enough to cause an accident - he wasn't far off. In other words, be safe, drive ...
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By Matt Sweeney, Rich Kids Real Estate
(Rich Kids Real Estate: The Brokerage)
It's pretty rare to find a home in LA that has been updated (or mostly updated), done well, and has a pool for under 1 million that is actually in an area that you'd want to live. When I saw this house hit the market, my first question was, "what's wrong with it." It turns out that a good friend of mine was the listing agent to the previous owners and he said to me that this house is absolutely one of the best deals on the market right now. Once I took a look, I had to agree with him. Tucked away off of Beachwood Canyon and hidden behind lots of privacy shrubbery, it's not apparent the gem that lies within. For all you architecture buffs, the house was done by Robert Marks who was a student of mid century guru Lloyd Wright. The home's well proportioned rooms take on a "hexagonal form" a...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Happy Saturday everyone! I have enjoyed another great morning with my family and am still recovering on my lazyboy. I am expected to get back to action this coming week. Well, I can work at my office but the Dr. will not allow me to do showings yet :( Tomorrow, Westside Properties will be hosting a couple of open houses:     Luxury malibu Estate!Ocean Views! 1-acre Lot Pacific Palisades Colonial Estate1st Time on Market EVER!  Both open houses are Sunday 1-4pm. Click on a picture for more details Here are a couple of events that you may be interested today:   Movits - Sat, 1/23/10 Music Events, Events, Performing Arts Events Spaceland - 1717 Silver Lake Blvd, Los Angeles, CA     A Midsummer Night's Dream the Waiting Room - Sat, 3/20/10 Theatre Events, Events, Performing Arts Events CSUN...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Whether you're in foreclosure now or worried about it in the future, we have information that can help. Get Help Now!   Talk to a foreclosure avoidance counselor   Talk to your lender   Find state and local foreclosure resources   Contact HOPE NOW   Keep Your Home   Are you at risk of foreclosure?   Tips for avoiding foreclosure   Foreclosure scams   Refinance Options   Making Home Affordable Program   Learn about HOPE for Homeowners   Who to call when a lender won’t work with you   If You Can't Keep Your Home   Redemption period - your last chance to save your home   Local renting resources   Rental assistance   Relocation resources   U.S. Postal Service Movers Guide   Search for homes in your city: PACIFIC PALISADES - SANTA MONICA - MALIBU - BRENTWOOD BEVERLY HILLS - WESTWOOD/CENTURY...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
Brentwood is one of the upscale neighborhoods in Los Angeles.  It is a mix of some of the most expensive homes in the Los Angeles area down to apartment living. The statistics below are taken directly from the MLS and are for single family homes.  They also don't take into consideration condos, income property and private sales. There were 24 sales in the month of December. The most expensive home sold was $5,600,000 in the hills and the least expensive was $865,000 in the flats. There were only 9 sales in December '08. The median sales price was $1,767,500 approximately an 18% increase over December '08. Sales price received versus listing price was $92.4%, down 3% from December '08. Average days on the market for sold properties was 65 just three days longer that a year ago. Below is...
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
Move Your Money - moveyourmoney.info "People all over the country are choosing to move their money out of bigger banks and into smaller, community-oriented financial institutions that generally avoided the reckless investments and schemes that helped cause the financial crisis." "Fueled by the personal initiatives of thousands, it’s a grassroots effort that has the potential to shift power in the financial system away from Wall Street and to Main Street." It's time for "Big Banks" to acknowledge our outrage at their immoral and unethical business practices, both before and after the Taxpayer funded Bank Bailout.
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
Westwood, the home of UCLA, which encompasses the area close to Century City, is a mix of some of the most expensive homes in the city down to apartment living. The statistics below are taken directly from the MLS and are for single family homes.  They also don't take into consideration condos, income property and private sales. There were 16 sales in the month of December, the highest priced south of Santa Monica Boulevard, at $2,050,000 (high for that particular area), and the lowest was $856,000 in the same neighborhood. Sales price received versus the listing prices was 97.1%. Average days on the market of sold properties was 25, a decrease of over 50% over last year. Below is a breakdown of last month's activity in Westwood-Century City Real Estate:
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
The Huffington Post featured the following video which I think is really worth watching! On the eve of the Financial Crisis Inquiry Commission's first day of hearings, where the CEOs of four of America's largest banks are scheduled to testify about the banks' roles in the financial meltdown, Bill Maher explains why you should move your money out of a "too big to fail" bank and put it into a local community bank or credit union. According to Maher: "This is not a conservative idea or a liberal idea. It's not left or right." "It's populism at its best."
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By Jae Wu & Sean McMillan
(Westside Hub)
Watch this video and join us as we cruise by the sold inventory from year end of 2009. For more information, call us at 310-234-3278 or share with a friend and have them become a fan of Westside Hub too! :)
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By Matt Listro, Your Credit Repair Expert
(National Credit Fixers - Matt Listro)
  Credit Repair in California National Credit Fixers: 330 Roberts Street Suite 402 East Hartford CT 06108 phone: 860-282-6181. National Credit Fixers boasts of 13 years experience repairing low FICO scores. Whether your credit has been damaged by a foreclosure, bankruptcy, slow credit, collections, judgments, repossessions, etc. we can help. We are the experts in credit restoration and credit repair. We have helped numerous residents of California. We are experts in California Credit Repair. Many people don't know where to go to get help with their credit, they don't even know the first step to take in repairing their credit.  That's why at National Credit Fixers we assign each client a credit repair specialist to walk them through the whole process.  We not only help remove negative cr...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
As I am tabulating the year end Playa Vista Condominium Market Report (2009 Year End Summary) I have noticed, how I there are pocket in Los Angeles that maintained their value and other pockets that have lost value. I have been saying all along that Real Estate is very much like the Wine Production. Winery that has a good Micro Climate will command a high price, look at Plump Jack  vs some of the others. With that said The Median Sold Price by Month as decreased by 18% over December 2008 vs December 2009.    As you can see there are some great buying opportunities here. The Median For Sale vs Median Sold has decreased 4% and 18% respectively.   As I mentioned above the majority of the buyers understand the value is here in Playa Vista. Look athe The Number of Sold Properties by month. T...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Here is my continuation of the Century City Market Report Part #2 (the 2009 year end summary) The numbers are very interesting, many people do not understand why this occured. I suspect since the bankes were encouraged to do more short sales in lieu of foreclosures, this in turn created a demand by buyers and at the same time prevented a larger drop in the prices. The number of Condominiums in Escrow are up by 56% compared to December 2008. Hence I do not anticipate any large drop in price nor demand for the next few months.    As you can see the inventory, i.e.: new listings have declined a great deal. Since this is a supply and demand bussiness, you will again agree with me that prices will not decline in the near term.        So in conclusion, please take advantage of the low interes...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
PCH Road Closures - Palisades Bluffs Project The City of Santa Monica began construction work on its Palisades Bluffs Project in November 2009. Intermittent lane closures of the northbound lane of Pacific Coast Highway nearest the bluffs (land side) can be expected during construction hours (Monday through Saturday, 8:00 am to 3:00 pm). Commuters should expect some delays in the area and are asked to proceed with caution through the construction zone.   The project is intended to make drainage improvements at the base of the Palisades Bluffs from the California Incline to the northern Santa Monica city limit (near Entrada Avenue) in order to decrease the rate of gradual deterioration of the Bluffs caused by localized slope failures resulting from groundwater seepage.   For additional i...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Enclosed here you will find some very interesting Numbers and Statistics for Century City CA Market Report. I broke the report into two parts so you can look at it in more detail. The numbers are not what I was expecting. One of the most interesting Fingure was the Median Sold Price by Month. Virtually there is no change between December 2008 and December 2009. To me a 2% drop  was a true suprize.. The buyers that bougth properties in March, April and  July were the ones that got some fantastic deals.      Equally interesting is the Median Price for Sale vs. Median Sold Price. As I mentioned above there was only a 2% decline December 2008 vs. December 2009. Not suprizing based on this figure that the Median for Sale price actually increased by 9%. This shows how desirable the Location i...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
I was recently introduced to Broadview Mortgage, a lender in California who specialize in CalPERS loans, public employees and CalSTRS loans, employees of public schools and community colleges. They have recently added a new loan to their portfolio, healthcare workers. This is an exciting new opportunity for almost anyone in the healthcare field to obtain an affordable loan.  The category is broad - medical receptionist, physicians aid, ambulance driver, physical therapist etc. If you have any questions, especially if you would like to know if you qualify, please let me know. I would be happy to put you in touch with the appropriate party. Below is an outline of eligibility for the three loans: This is an overview of the actual loan: Visit my website for more details of this loan.    
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Being Frugal is back in fashion, I was reading a couple of weeks ago in the LA Times Business Section. This made me think, not too long ago I used to enjoy Non Vintage Krug Champaign at a silvery price.  Now in today's frugal times I thought I share some of my favorite wines under $15 dollars instead. Oh the good old days of Chateau Margoux Margoux, Where are they now?  As you know trying to find a good Pinot Noir under $15 is very hard to do, So let me pass on to you a  couple great ones :  Castle Rock Mendocino Pinot Noir under $10 at Trader Joe's it goes well with just about anything.  Block No.45 Pinot Noir found at Whole Foods also under $10  If you prefer a light white vs. a light red then visit the New Zeeland section of Ralph's  The Nobilo Sauvignon Blanc from the Marlborough re...
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By Danny Batsalkin, Los Angeles Real Estate | 310.432.5706
(Keller Williams Realty - Beverly Hills)
Wilshire Vista Real Estate Market Report (Homes For Sale / Pending / Sold) - DECEMBER 2009 Why am I writing a market report about Wilshire Vista Real Estate? Because Wilshire Vista is MY NEIGHBORHOOD, and when I say my neighborhood, I mean that I have owned a home and lived in Wilshire Vista for the past 5 years.  I know the neighborhood, the neighbors, the restaurants, the area and most importantly, the real estate. There is no one, and I mean NO ONE, that is better suited to represent you in the purchase or sale of your Wilshire Vista home than me! Where is Wilshire Vista? Wilshire Vista is a neighborhood in the Miracle Mile district of Los Angeles, bordered by Fairfax Avenue on the West, Hauser Boulevard on the East, San Vicente Boulevard on the North and Pico Boulevard on the South....
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Earthquake Myth #2 "...The Earth Opened....there was a ten inch wide gap..."  As I promised earlier, I will try to debunk some of the earthquake myths. So without further delay let us address Myth #2....the earth opened up..."  When you read a fiction book describing an earthquake or watch a movie simulating an earthquake and they show a fault opening and the earth swallows up cities, towns, and bad people. That is pure fiction.  Faults like that only exist in novels and the movies. If the earth could open, there would be not Friction and without Friction, there would be no earthquake.  The earth actually moves in a way if you could visualize two sheets of paper one sliding over the other. The earth's crust is called the Pacific and North American plates. These large sections of the ear...
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By Tim O'Keefe, Social SEO And Reputation Marketing
(Spider Juice Technologies)
Create Content or DieThe lesson in this post is about the need for creating content if you plan to survive online in 2010 and beyond. In order to understand this new market driver, we need to take a peek into market trends and history. MLS.Google.comGoogle has made Google real estate part of Google maps.  This has happened just while NAR was announcing their intent on building out their own national database. Snooze you lose I guess. What is most interesting is that while NAR moves at a snails pace. Ironically, Google gets their data spoon fed from Realtor sources nearly in real time.  In other words, if the Realtors stopped giving them listings, then Google would not be able to provide this new feature other than fsbos. Of course, neither would real estate verticals like Trulia surviv...
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