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 […]
After a summer that had its fair share of scorching moments, we’re deep into fireplace season here in California. True, we don’t have to ignite the ol’ fireplace too often here in the southern part of the state. But when we do, nothing can quite match that cozy feeling. Perhaps you’re shopping for Los Angeles […]
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 […]
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 […]
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 […]
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 […]
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. […]
