It’s been over three years since the city of Los Angeles passed laws designed to regulate out-of-control listings by short term rental companies. Yet, a recent report highlights that, in light of a disturbing lack of enforcement, hosts are still bending the rules. Or, in many cases, outright breaking them. David Wachsmuth, an urban planning […]
November’s Absorption Rates artfully illustrate the night-and-day diversity of markets around the Greater Los Angeles area. Those who have been following this column will easily recall how October showed all (but one!) neighborhood drop toward a buyer’s market. And this was after watching several neighborhoods continuously edge further into the seller’s favor. But November kept […]
We love helping unite people with their first home. But in LA’s competitive housing market, not everyone is financially prepared for homeownership. Does that mean the door to real estate investment is closed to them? Not exactly. The city’s inventory of condominiums provides a means of securing your own place while avoiding the hefty investment […]
Feature image credit: Tichnor Brothers (Publisher) If you’re planning on selling your house, it’s not a bad time to brush up on the most attractive features of homes for sale in Los Angeles. After all, our housing market is fairly unique when compared to the rest of the country. While some of these alluring details […]
Sometimes it feels like there just aren’t enough hours in the day… or so I’m told. I honestly can’t relate. It’s not because I have a shortage of things to do. In fact, I have a fully scheduled “to do” list greeting me everyday. But I fall asleep each night content in the knowledge that […]
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 […]
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. […]
We’ve all seen the movies where an average family’s new dream home becomes a nightmare as they discover it’s haunted by restless spirits. That’s just movie magic, right? But whether or not you believe in ghosts, you’d probably want to know if someone had passed away in the home you’re purchasing. It’s actually a really […]
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 […]
In a rapidly transforming real estate landscape, there’s really only one rule you can count on with certainty: anything is possible. This group of agents turned unpredictability into an art form over our 3rd quarter. No one could think on their feet quite like them. Don’t take our word for it; their numbers prove it. […]
