According to a recent article by the Associated Press, the state of California continues to see migration out of the state, with net migration having occurred for three consecutive years. A new population estimate released Wednesday by the Department of Finance illustrated that 136,000 more people left the state than moved here — from July […]
Anyone who has experience in real estate transactions may have seen or drafted a love letter. Written by a potential buyer to a seller, these letters are a great way for buyers to connect with sellers in an effort to get their offer chosen. Given the limited supply of homes in California, buyers will do […]
Another lockdown looms in the distance but on the horizon hangs the hope that a vaccine may come first. Could this be the reason why the housing market has taken two distinct directions as of late? This and more after the commercial break. And we’re back. Today we will evaluate the housing market, but rather […]
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 […]
