Plenty of people want to pick my brain about the correlation between election years and the state of the housing market, and this year is no different. With the historic pandemic as well as record-breaking unemployment rates because of it, there are a lot of people who are concerned about our industry and their stake […]
Los Angeles is a sprawling city, with 88 cities and 140 unincorporated areas. Within the City of Angels are some truly fantastic places to live — cities with high-quality schools, developing businesses, community events, and more! In this recurring blog series, I aim to explore the latest happenings in cities across the southland. Next on […]
On April 14th, I penned a blog to help Angelenos better understand the state of the Los Angeles housing market. I come to you once again to address the current rumors and myths surrounding the real estate market. There continues to be low inventory in our city, and homeowners can and should take advantage of […]
Before COVID-19 hit, most people couldn’t tell you the definition of a force majeure clause. Simply put, a force majeure clause excuses a party from performing under a contract, if their performance becomes implausible or impractical, because of some unforeseen or unanticipated event. These uncontrollable events are also known as “Acts of God”. Parties often […]
In these uncertain times there is plenty of information and unfortunately, misinformation, about the current state of the housing market. The misleading predictions and status updates about the market apply both here locally in Los Angeles and the country as a whole. Given the potential for ambiguity and confusion, I want to set the record […]
Unless you’ve literally been living under a rock or “off the grid,” you’ve heard about how Coronavirus (COVID-19) has been spreading across both the United States and the World. From the stock market crashing and halting all trading for a 15-minute period this morning, to talks in the NBA about playing basketball games without fans […]
In 2019, the millennial generation (those born from 1981-1996) became the largest generation in the United States, finally surpassing the baby boomers. While exact numbers are not available, projections had the famed Millenial generation reaching 73 million members. (For those interested, Generation X is projected to overtake Boomers in 2028). Delayed Until Further Notice Statistically […]
Everyone who’s anyone in this industry is familiar with the term “spring selling season,” which defines the time of year when homes typically go on sale and buyers and sellers go to work. Sellers are busy cleaning and preparing their homes for open houses, viewings, pictures, and agents. Buyers are busy searching for the perfect […]
Those of us old enough to remember the bubble burst of 2007/2008, do not reflect on it fondly. Homeowners saw over a decade of equity eviscerated (figuratively) overnight. I’m not going to go into the causes of the housing bubble, and I’m not going to tell you how to avoid it because that’s up to the […]
Weekly, if not daily, we are being bombarded by fear, through information, of an economic recession. It is the focus of most media outlets, as well as political commentators, journalists and man-about-town conversations alike. And in our industry, this draws innate parallels to the effects this would have on the housing market. This unnecessary and […]
