All eyes were on the Fed today and rates increased 25 basis points. Real estate continues to be a great hedge against inflation which is why we continue to see multiple offers on well-located, well-priced properties. We see many cash buyers s...
When LA experiences the next 'big one' experts tell us that we will likely be on our own for at least two weeks. Expect no power, gas or running water. It's a good time to check the essentials for you and your family.
Water (1 gallon per p...
Vote NO on Initiative Ordinance ULA - Tax Hike on real property transfers over $5 million
There is an ill-conceived measure on the City of Los Angeles ballot this November. The measure will impose a:
4% tax on ANY real estate transfer/...
The California Association of Realtors releases its 2023 housing market forecast.
Each neighborhood has its nuances but overall, the market is 'normalizing' after a fierce last 2 years. The Hancock Park real estate market continues to be act...
The $5+ million luxury segment of the real estate market from Hancock Park to Malibu is down slightly year to date as of the end of August 2022.
765 closed sales of $5+ million this year, versus 784 at this time last year. (-2.5%)....
Summer vacations were clearly top priority in Q3 2022! Agents, sellers and buyers finally took a breath in June and July, regained perspective and by August the pace of sales picked up before the September rate hike. The Federal Reserve’s mov...
One of the great reasons to live in Hancock Park is the annual Pumpkin Patch by the Wilshire Rotary Club! It is open at 568 N. Larchmont Blvd and runs through October 20th. Weekend hours are 10am to 6pm and Weekdays are 2 to 6pm...
SAVE THE DATE
Sunday, October 30th from 2 to 7pm
There will be plenty of fun activities for kids including rides, inflatables and costume contests. Adults will be thrilled with two new additions this year - a conc...
This shift began in Q2 as the Fed acted aggressively to ease inflation by raising the fed funds rate which resulted in mortgage interest rate hikes and volatility. As Q1 began, rates* were 3.2%, then inched up to 4.72% at beginning of Q2 to a...
Join us Monday, September 19th for the “Taste of Larchmont” between 6-9pm.
After a two year hiatus this is a welcome opportunity for a great cause! Meet new neighbors and see old friends as we say “so long to summer” and welcome the ...
This January we are sharing ways to check on your home after all of the recent rainfall. In fact, we started a series last year for tips on ways to LOVE your LAND.
See all at Loveland Carr YouTube channel
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LARCHMONT MERCANTILE COMING SOON!!
Scaffolding down on Larchmont Blvd unveiling the new Larchmont Mercantile.
Shops are expected to open this Spring!
Read more: Larchmont Mercantile
CARTHAY RECEIVES...
Buyers and renters are out in full force and getting back to work!
Q1 outpaced the last 10 years and Q2 2021 was even stronger! All data looks great versus Q2 ’20 because the city was in lockdown. The market momentum from the last two quar...
2020 closed with the election behind us, thank goodness, the vaccine rolling out and a growing sense of hope for 2021. Demand for residential real estate was vibrant across the country and locally due to low inventory levels. Transactions were ...
Year to date 2020 residential sales volume surpassed 2019 levels for the same period in spite of the slowdown in Q2.
Click the image below for details:
In fact, twice as many homes sold in Q3 this year as Sellers, Buyers and all other profe...
Classic L.A. Elegance and the Ultimate Home Office. So timeless, the house was used as a set in the new "Perry Mason"! Leading Los Angeles builder, Luther Townes Mayo, applied his best ideas when building Irving for his family. Mayo collaborate...
Hancock Park Real Estate Market Round Up
Q2 2020 began less than 2 weeks after Governor Newsom issued the “stay at home order” and the S&P dropped nearly 30%. Naturally many were fearful and cancelled escrows. Some Sellers ...
2020 was off to a brisk start in our in local market against the back drop of low unemployment, a robust stock market and low interest rates. Momentum was strong as we were transitioning into Spring. Then, the world went on pause. Today, invent...