Blog
January Market Update
January showed enormous resiliency in the face of wildfires & sweeping changes post-inauguration. Most buyers were already in the market awaiting the right home. Several Pacific Palisades and Alta Dena buyers have been viewing and offering ...
December Market Update
December sure seems like a distant memory in light of recent wildfires in LA so here we go - better late than never! Demand continued across all price points, especially for move in ready, turn-key properties. Many buyers are trading within ...
An update as LA wildfires continue
These days are more dynamic than usual, and we are learning moment by moment from current & past clients, professionals of all stripes, media outlets and friends. Passing along a few items that might be useful to our a loved one in Los Angeles...
When there are no words…
Our hearts are heavy this week and our thoughts and prayers go out to everyone affected by the devastating fires across the city of angels. The destruction is overwhelming, and we are deeply saddened for those who have lost their homes, bee...
November Market Update
In November real estate sales marched on in spite of the national Election & the Thanksgiving holiday, albeit at a slower pace. Measure ULA has clearly been metabolized as reality in LA based on the uptick in sales locally and citywide sinc...
Year End Review
As 2024 comes to a close, we’re breaking tradition with a fresh look at the local Hancock Park market, aiming to cut through the noise that often surrounds it. Hancock Park real estate prices have shown resilience amid rising interest rates,...
October Market Update
October Market update In October 15 homes sold in the neighborhood, 5 of which were sold over asking. 8 of the 15 were over $2MM. 16 homes are in escrow (two over $5MM), more than the last few months AND plays counter to the broader national...
Annual Home Tour by Historical Society
Save the Date! This year tour 4 sensational homes on Windsor Boulevard in Windsor Square. Three not previously shown. One was formerly owned by philanthropists Dorothy Chandler of Los Angeles Times fame. It is a rare opportunity to see ...
Halloween Fun Ahead
Now through the end of the month check out Wilshire Rotary pumpkin patch at 568 North Larchmont Blvd with fun and games for all! In addition to pumpkin sales, there are fun events for kids from free scavenger hunts to pumpkin-themed arts and cr...
NEW! Citrus Square Historical District
Earlier this month on October 2, 2024, the Department of Parks and Recreation Office of Historic Preservation placed the Citrus Square district in the National Register of Historic Places (National Register). It has also been listed in the Cali...
September Market Update
Interest rates were all the talk in September. The Fed cut rates and most economists expect 3 more. Consider => between April 2024 (7.53%) and now (6.15%) the savings for a $1MM loan is $912/month. Headwinds last 2 years are abating as...
August Market Update
Remember Ross, from the hit show "Friends"? Actor David Schwimmer's former house at 345 S Hudson was the highest sale of the month and year to date. In 2001 Schwimmer paid $5.5M for the 1926 Mediterranean Rindge estate designed by Koerner & Gag...
July Market Update
The higher end of the market picked up in July. 8 homes sales versus 10 last July. Average prices were $3.68MM or $1.2MM higher driven by 2 sales. Muhammad Ali’s former house at 55 Fremont Pl sold for $8.5MM after starting at $16.999M...
April Market Update
Spring Sprung in April as sales volume & prices bounced ⬆️ especially in the $2-3MM prices range! Hancock Park recorded 24 sales, twice as many as the prior month & year. Average prices were also ⬆️ due to the mix of price point...
NAR Settlement: Our Take
By now you have likely been showered with stories about the National Association Realtors (NAR) class action suit regarding real estate commissions. The media has whipped up a storm of confusion. Change is ahead indeed and many details are stil...
Spring Cleaning Tips
It's that time of year again to take advantage of these next few weekends before Memorial Day and the summer travel season. After all the rains it's an ideal time to focus on drainage and gutter care, verify the sump pump is working (conside...
Measure ULA Misses the Mark
Speaking of taxes.... What has been the result of Measure ULA since it took affect 12 months ago? Recall UCLA and proponents advertised that the taxes would raise $900+ million for affordable housing. The Measure passed with a simple ...
March Market Update
4 years ago nearly to the day LA & much of the world locked down in response to COVID-19 & within 2 weeks Loveland Carr, the real estate industry & all related fields were back to work serving others. On March 15 the NAR settled a class acti...