Feature photo credit: Daniel L. Lu For the third chapter in our Los Angeles Architecture 101 series, we’re examining one of LA’s oldest forms of architecture. Unfortunately, it’s also among the least unique to the region. However, the Greater Los Angeles area still exhibits its own distinct relationship to Beaux-Arts. People across the U.S. celebrated […]
Seth Styles
Absorption Rate Analysis: October 2022 Brings Big Changes to Houses for Sale in LA
You only need to glance at our Absorption Rate Analysis chart for October to see it was a month that brought big changes. For as long as we’ve been officially tracking absorption rates, we’ve seen almost unanimous movement toward a seller’s market. But for the first time, we actually saw all areas except one drop […]
Vin Scully’s $15M Home is a Bit Different Than Other Houses for Sale in Los Angeles
Featured image credit: Estate Photos LA It’s been a rough year for Dodgers fans. They made it through just 4 of the National League Division Series championship games before their season met its end. It wasn’t the conclusion fans envisioned earlier this year as the team won a staggering 11 games, edging out the franchise […]
LA Home Spotlight: Under the Spell of the Spadena House
We’ve always thought of Los Angeles as a bewitching city. Does that mean we have literal covens flying around? We can’t say for certain, but if we do, we know where they’d love to convene. Amidst the decadence of Beverly Hills sits a spellbinding sanctuary plucked like a poison apple straight out of a fairytale. […]
Get Spooked by the Best Halloween Yard Displays and Walk-Throughs in the LA Area
Feature image credit: Southern California Haunt List (VanOaks Cemetery) No matter how you slice it, Los Angeles is a city that loves Halloween. Maybe it’s the series of interconnected neighborhoods, each proffering their own communal take on the Halloween spirit. Or perhaps it’s the industry insiders concocting some of the most creative amateur haunted walk-throughs […]
Looking for Home Renovation Ideas to Help Your Home Sell? Skip These 3!
So you’ve decided to sell your home, but you want to get every dollar of what it’s worth. We’re in a seller’s market (in case you haven’t heard) so that likely won’t be too difficult. But these conditions won’t last forever. And as we recently discussed, there’s really no market where you should simply rest […]
Would You Pay $75 Million to Live in a Luxury Condo?
You may not be willing to pony up $75 million for a luxury condo, but the Four Seasons is betting somebody will. That’s the cost of the penthouse crowning their 12-story private residences complex on the border of Beverly Hills. It should come as no surprise that $75 million is well over the record sale […]
What’s the Difference Between a Buyer’s Market and Seller’s Market?
Last week, we discussed our latest absorption rate statistics and how they are indicative of a seller’s market. Likely, some of you asked yourself, “What is a seller’s market?” And by comparison, you may have also wondered what defines a buyer’s market. Recognizing the difference can be key in planning your buying or selling strategy. […]
What If Your Home Market Value is Different Than Your Assessed Home Value?
Some people have no clue about their home’s value. Others methodically scrutinize and analyze, but still end up with doubts. And still there are those who fully trust one figure, say a property assessment, only to list their home and find that the market doesn’t quite agree. There are so many moving factors involved with […]
Absorption Rate Analysis: September 2022 (Mostly) Leans Harder Into a Seller’s Market
Has it already been a month since our last absorption rate roundup? September’s numbers are in and we’re seeing most neighborhoods trending upward with higher absorption rates than August. If we’re using the universally accepted 20% indicator of a healthy seller’s market, then every neighborhood but one is still a seller’s market. But as our […]