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 […]
Tag: Real Estate
Looking for Home Renovation Ideas to Help Your Home Sell? Skip These 3!
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 […]
Would You Pay $75 Million to Live in a Luxury Condo?
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 […]
What’s the Difference Between a Buyer’s Market and Seller’s Market?
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. […]
When Do You Have to Disclose a Death in a House?
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 […]
What If Your Home Market Value is Different Than Your Assessed Home Value?
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 […]
Absorption Rate Analysis: September 2022 (Mostly) Leans Harder Into a Seller’s Market
Has it already been a month since our last absorption rate roundup? September’s numbers are in and we’re seeing most neighborhoods trending upward with higher absorption rates than August. If we’re using the universally accepted 20% indicator of a healthy seller’s market, then every neighborhood but one is still a seller’s market. But as our […]
The Top 25 Agents of Q3 2022
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. […]
The Importance of Making It Through a Contingency Period With Both Sides Smiling
Ideally, we’d like to work in a real estate industry in which everybody wins. Easier said than done. But contingencies, when used in good faith, help us get closer to that goal. What are contingencies? Basically, they’re conditions that can be placed on a transaction that, if not met, invalidate the transaction. This definition probably […]
You Could Be Earning Money Where You Sleep With ADU Housing
When it comes to shopping for a new home in Southern California, we’ve noticed everybody tends to want one thing: a refreshing swimming pool. But a well-designed ADU is right behind it. So, what is this ADU California residents love so much? It’s an acronym for “accessory dwelling unit” and it’s an independent living space […]