Pacific Palisades, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
The Pacific Palisades, CA Single Family Market Trends Report is published. It has been a while since I wrote about this market, so one of my clients called and asked why I have not written about it in a while. So with that said let's look at the Market:Not wanting to sound repetetive, but if you looked at my previous five market trends report tonight, you would notice there is one common trend. The number of homes on the market are paralleling 2016 when it comes to listed properties.The Days on market keep decreasing, that is also very simmilar to the other pockets of Los Angeles. Hence with that said I might go out on the limb and say that prices have increased. Now let's look at the real numbers instead of my guess: Well I am not surprised. If you are considering selling your home in ...
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By Laura Cerrano, Certified Feng Shui Expert, Speaker & Researcher
(Feng Shui Manhattan Long Island)
While in California during the month of June, I've been providing private Feng Shui consultations and workshops, I also made sure to save time to enjoy the great outdoors to hike. This time around, I swung by the Will Rogers State Historical Park in Pacific Palisades, CA. I prefer not to write too much about what I saw, and instead provide you with just a couple of photos because it really deserves your in-person presence. I will say this, the land was once occupied by the Gabrielino/Tongva Nation until the 1800s due to colonization from Spain. Over the years this area remained untouched until the early 20th century, when Hollywood Actor, Will Roger's family called this 200-acre ranch home for about 24 years. After Mr. Rogers passing, his widow, Betty Rogers, deeded the ranch and its la...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Why is the Pacific Palisades, CA Real Estate Market so hot? The answer is so easy you have a small town feel to it. Can walk around to the restaurants and boutiques and are of course near the Pacific Ocean. Unlike Malibu from the Palisades to go to Beverly Hills is not a communute it is a skip hop.Most importantly it is far enough away to be almost suburb of Los Angeles. Hence if you are one of the ones who have to go to work and can not work remotely Pacifi Palisades is your home.Now with that said let's look at the Market statistics: Clearly the prices are an idication of the desirability of living in Pacific Palisades.As you can see it is still a very fast market when the median home is around $2.7million plus and the median days on market is 20 days. This is clearly a seller's marke...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Speechless Sundays: a drive home from Malibu....   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 me at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com.  I am a pet friendly realtor and I contribute a portion of my commission to local animal rescue organizations.
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
  I enjoy visiting the Lake Shrine (The Self-Realization Fellowship Lake Shrine). It is a breathtaking place to come to relax, regain focus, clear the mind, and lift the spirit. The lake and grounds are beautiful and serene. But I particularly love watching these two white swans swimming in harmony and peace...       If you have a chance, I truly encourage you to come and experience this gorgeous sanctuary.   With an eye made quiet by the power of harmony, and the deep power of joy, we see into the life of things. ~ William Wordsworth  
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By Robert Schmalz, Cal. Lic Broker
(West Los Angeles Real Estate Group)
  CONTACT ME AT 310.505.5571 IF YOU ARE INTERESTED IN THIS PROPERTY , IT IS ACTIVE AT THE TIME OF THIS POSTING   PACIFIC PALISADES SINGLE FAMILY RESIDENCE4 BEDROOMS / 4 BATHS / 2957 SQ FT / 7665 SQ FT LOTOVER $300,000.00 PRICE REDUCTIONLIST PRICE $1,888,000   Nestled in an eucalyptus forest facing a natural stream creek yet minutes from the village, stands a mid-century architectural beauty designed by world renowned architect and champion surfer Matt Kivlin. Filled with natural light, Ultra modern and sleek yet very warm, this home offers 4 bedroom and 4 showroom baths, decks on each level, designer kitchen with Miele and Sub-Zero appliances, dual exposed FP defining the space between living room and formal DR, office space , Art studio plus an in-law apartment with its own kitchen, ba...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
  Pacific Palisades: Sold Statistics for the month of October, 2013    One of my clients saw the report I did for the Sold homes in Beverly Hills he asked me to do the same type of report for Pacific Palisades; needless to say once I did it I thought I should share it here on this platformJ.     Pacific Palisades Single Family Home SalesOctober 2013       Total Sold Dollar Volume: $ 67,945,103 Average Selling Price: $ 2,831,045 Average List Price: $ 2,789,333 Avg Sales Price/Avg. List Price: 101.5% Median Price: $ 2,577,302 Average Days on Market: 76 Number of Listings Sold: 24    Sold Listings:   1. 17071 BOLLINGER DR $ 1,450,000 2. 1226 MONUMENT ST $ 1,472,500 3. 1466 PASEO DE ORO $ 1,510,000 4. 16432 AKRON ST $ 1,550,000 5. 18118 KINGSPORT DR $ 1,550,000 6. 1018 GALLOWAY ST $ 1,560,0...
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By Jim and Elizabeth Stein
(TeamStein.com at KellerWilliams-Pacific Palisades)
Fed Lays Out Plan to Taper It began as a decent week for mortgage rates. Ahead of Wednesday’s highly anticipated Fed meeting, mortgage rates were a little lower on a week-over-week basis, as reflected in the weekly survey from Freddie Mac. Investors, however, pushed rates significantly higher after the Fed statement and press conference.   The Fed’s massive bond buying program has greatly increased the demand for mortgage-backed securities (MBS). Since mortgage rates are mostly determined by MBS prices, the added demand for MBS has been a major factor in the decline in mortgage rates to historically low levels. Wednesday’s Fed statement and follow-up comments from Bernanke provided the clearest signal yet that the extra demand from the Fed will soon begin to shrink. The Fed’s forecast ...
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By Jim and Elizabeth Stein
(TeamStein.com at KellerWilliams-Pacific Palisades)
Mortgage Rates Soar to 4.46% Rising interest rates have hit mortgages big time. Rates on 30-year, fixed-rate home loans spiked 0.53 percentage points to an average of 4.46% this week — the largest weekly increase in more than 26 years, according to mortgage giant Freddie Mac.  The 30-year loan, which stood at 3.35% as recently as early May, is at its highest level since July 2011.  Rates for 15-year loans, popular with homeowners refinancing their mortgages, jumped 0.46 percentage points to 3.5%. An extra percentage point will cost homebuyers with 30-year, fixed-rate mortgages $56 more a month for every $100,000 they borrow.  If sustained, the rate increase will take some of the steam out of the housing market. The sudden jump in rates is driven by uncertainty over whether the Federal R...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
How is the West Los Angeles Flip & Fix Market? The Answer is:  It is hot & it is fast!   Life in a day of a Realtor representing Investors in the Greater Los Angeles Real Estate Market!   In case you have not heard Investors are out in droves in the West Los Angeles area. I have been knee deep in trying to get investment properties for my clients. The only propeties that make financial sense are the homes that you can buy and either tear down or somehow do an addition.   We have been writing  ‘All Cash Offers’  with virtually no contingencies with offers that were more than fair for the condition or the location and we still kept missing out. Some offers were $20,000 more than what we offered. Other times the Listing Agent stated that they received 15 offers and ours was $25,000 below t...
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By Kim & Kristine Halverson, Sisters, Realtors
(Compass)
Secret Stairs Webwalks, Castellammare, Pacific Palisades, CA Looking for an urban escape this holiday weekend? This could be the perfect adventure to work off the weekday stress and holiday food. Los Angeles has a network of secret stairs. Long forgotten stairways once used to create access the beach, and parts of the city not easily reached on foot. Charles Fleming wrote the book on the Los Angeles' secret stairway. His story is inspiring on how he used these walks to improve his well-being. Back to the walk itself. It's a beauty, and not as busy as the work out/gym stairs found on Adelaide. Castellammare is perched above PCH, is just North of Sunset and neighbor to The Getty Villa. You will have Pacific Ocean Views, ocean breezes, and a bit of old Hollwyood film history. You'll start ...
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By Rose Nofal
(Agent Referral Network)
Pacific Palisades Luxury Real Estate In Pacific Palisades, our professional concierge service will promptly connect you with the very best, top-performing, Pacific Palisades Real Estate Agent to assist you. Don't risk working with just any Pacific Palisades Luxury Realtor, we locate you the top realtors for free. TOP Pacific Palisades Realtors Agent Referral Network locates the top Pacific Palisades Real Estate Agents and connects you with the the top luxury home specialist.   What does a Pacific Palisades Realtor® and a Brain Surgeon have in common? Very little – except perhaps, in the selection process. If in need of a Neurosurgeon, people prefer one who possesses an impeccable reputation, many years of experience and the utmost respect from their patients and peers. As such, you woul...
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By Tom Bashe
(SCA Real Estate - Call Now)
Lloyd Cullen Real Estate is a local Pacific Palisades Short Sale Realtor. As a Pacific Palisades Short Sale Company that specializes in short sales, you are assured the highest standard of professionalism and can always count on our Pacific Palisades Short Sale Realtor to help answer any questions you have in regards to Pacific Palisades Short Sales. Pacific Palisades Short Sale Realtor Lloyd Cullen is a local Pacific Palisades Short Sale Expert with experienced Pacific Palisades Short Sale Agents here to assist you.   Pacific Palisades Short Sale Realtor We specialize in Short Sales for Pacific Palisades and Surrounding Areas Pacific Palisades short sale agents can handle the complicated short sale process for a homebuyer or seller. At Lloyd Cullen Real Estate, our agents know that a P...
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By Jim and Elizabeth Stein
(TeamStein.com at KellerWilliams-Pacific Palisades)
The Pacific Palisades market update is simple – The market is on the move up! Take these Pacific Palisades market results for 2012 so far: Median Price – up 19% Average price per square foot – up 28% Number of Properties pending – up 23% Number of properties for sale – down 29% Days on market – down 4% Percent of Pacific Palisades properties on market that are currently under contract – up 73% Inventory is way down (by one third) and percentage of properties on market that are under contract is way up — up a whopping 73% !! The Pacific Palisades market, like many other markets in California coastal regions, is performing very well. If you are a buyer, please consider this information carefully and contact Team Stein before the market takes another step up!  If you are a seller, lets ta...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(AmeriFirst Financial Inc, San Diego, CA)
Another quarter in the books!  What can we expect from mortgage rates in 2012 Q2? All Real Estate Professionals & Consumers are advised to stay informed about interest rates and learn THE TRUTH BEHIND MORTGAGE QUOTES to insure the best financial decisions are being made without the distraction of marketing gimmicks. Whether you're a newbee, market analyst (or somewhere in between), keep yourself informed of where mortgage interest rates are going (and why) by subscribing to this complimentary daily update. The Mortgage Street Smarts of where mortgage interest rates are going (and why): The following information is current as of Friday 3-30-2012 and will help you understand todays best mortgage rates. If you are a Buyer/Borrower who is still on the fence (or if you are a Real Estate Agen...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Happy Friday everyone! I hope you had a great week and are looking forward to a successful weekend! Million-dollar foreclosures rise as rich walk away Happy Friday everyone! We hope you had a great week and are gearing up for an even better weekend! This weekend has a lot of events from the Oscars to the NBA All-Star game. We wanted to share this news article with you from CNN Money. It really hits home with luxury real estate and… Read More     New Venice Real Estate Listings | Friday February 24th 2012 TGIF everyone! We hope you had a great week and are ready for an even better weekend! Here are the newest Venice Real Estate listings:          New Santa Monica Real Estate listings | Thursday February 23rd 2012 Happy Thursday everyone! Here are the newest Real Estate listings in Santa ...
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By Robert Schmalz, Cal. Lic Broker
(West Los Angeles Real Estate Group)
4 BEDROOMS / 3 BATHS / 2863 SQ FT / 6322 SQ FT LOTPACIFIC PALISADES HIGHLANDS – GATED – COUNTRY CLUBNEW ON THE MARKET $401 PER SQ FT!!!!!LIST PRICE $1,149,999   As with all distressed properties, short sales and bank owned foreclosures, these listings are very volatile and change on a daily basis. If you are interested please contact me a.s.a.p. at 310.505.5571 Pacific Palisades Real Estate in the heart of West La Real Estate Group area of expertise Dramatic 2 Story Contemporary on a corner lot at an incredible price! Enjoy California living at its best in the Palisades Highlands that features a recreation center with a Clubhouse, swimming pool, playground, gym and tennis courts! True formal entry gives way to step down 2 story living room with view to open second floor mezzanine ? suit...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Hi everyone! Here is today's Pacific Palisades real estate hotsheet: SOLD! - 2 Price reductions - 4 New listings! - 3 Back on market -1 Please contact me for a more detailed report about Pacific Palisades. Westside Properties is a full-service real estate boutique brokerage based in Venice serving the entire Westside of Los Angeles.  We proudly represent the finest properties throughout the Westside. We work as a team and combine our extensive real estate experience, powerful resources and connections to benefit you whether you are looking you buy or sell a home in today's exciting and lucrative real estate market. Call us now to get started on the road to buying or selling your next home. 310.459.8191 or email info@wsprops.com           To preview the finest real estate and the best de...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
I often get asked for information regarding the Pacific Palisades Chamber. So, I figured to post it here and share with everyone...   Board of Directors   EXECUTIVE COMMITTEE - Greg Wood, President (seated). Left to Right: Sandy Eddy, Joyce Brunelle, Nicole Howard, John Petrick. Not Shown: Roberta Donohue & Ramis Sadrieh BOARD OF DIRECTORS - Left to Right: Dr. Shannon Watson, Joyce Brunelle, Lynne Pizzia, John Petrick, Ben Meyerson, Greg Wood - President, Nicole Howard, Chris Erickson, Sugar Ray Leonard - Honorary Mayor, Sandy Eddy, Neil Godsey, Jennifer Lowe. Not Shown: Roberta Donohue, Zara Guivi, Ramis Sadrieh 2011 – 2012EXECUTIVE COMMITTEE     PresidentGreg WoodPalisades Charter High Immediate Past PresidentJohn PetrickPerennial Financial Services Vice-PresidentJoyce BrunelleSuntric...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Happy  Tuesday everyone! It's another busy day for me. I'm looking forward to being out in the field to show property today...let's hope for for some great showings! I'm also looking forward to coaching our agents on their current escrows and listing appointments. Who said the holidays are slow in real estate??  Here is today's Pacific Palisades and Santa Monica hotsheet: Pacific Palisades SOLD! - 2 New listings - 5 Price Reductions - 0 Back on market - 0 Santa Monica SOLD! - 1 Price reductions - 5 New listings - 13 Back on market - 2 Westside Properties is a full-service real estate boutique brokerage based in Venice serving the entire Westside of Los Angeles.  We proudly represent the finest properties throughout the Westside. We work as a team and combine our extensive real estate ex...
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Pacific Palisades, CA Real Estate Professionals