May is here and it is time for another installment of our Los Angeles Real Estate Market Inventory Report. Each month we construct this report with the intention of providing our agents, peers, and clients, with the information they need to make clear and calculated decisions based off statistical market findings and trends.
In the housing market, Spring always brings an increase in sales. As the weather warms and summer nears, potential buyers are normally very eager to find a home and lock into a school district before fall comes around – this year that’s not the case.
By now, if you haven’t been to the Coachella Music and Arts Festival (going on this weekend and next), you’ve at least heard of it. I’ll start out by saying that the only thing more difficult than not being at the festival, is writing about it at the exact same time it’s going on. That […]
Last week real estate history was made when the “unsellable” Fleur de Lys estate in Holmby Hills was sold for a record breaking $102 million dollars IN CASH (hence the record breaking part). Many in the industry are now speculating as to what this means for the future of the luxury home market. Well, the […]
April is here and it is time for another installment of our Los Angeles Real Estate Market Inventory Report. Each month we construct this report with the intention of providing our agents, peers, and clients, with the information they need to make clear and calculated decisions based off statistical market findings and trends.
Are you wondering what to do with that extra $65 Million you have lying around? Look no further, the Liongate estate in East Gate Bel Air is on the market and waiting for you.
If you’re a homeowner, savvy investor, Realtor, accountant, or in any way concerned about the US housing market, chances are you’ve heard of the Mortgage Forgiveness Debt Relief Act of 2007. Passed in (you guessed it) 2007, this Act is centered around one main idea, but broken into two separate scenarios.
If you missed the President’s “speech” on Zillow.com this morning, or are just looking for some analysis on the conversation, you have come to the right place! At 10 am this morning on Zillow.com/whitehouse, Zillow CEO Spencer Rascoff had the opportunity to sit down with President Obama and host a Q&A session regarding the housing […]
Well the inevitable has happened! Homeowners who received home loan modifications in the past several years are beginning to default on their modified loans at an alarming rate. In fact the pattern of homeowners going from default to modification then back into default is becoming so prevalent that society has seen fit to give it […]
Well it seems that what we all suspected was in fact true! According to a former Bank of America employee, Loss Mitigation Specialists were told to delay the Home Affordable Modification Process (aka HAMP) and were even given bonuses for foreclosure initiations!
