Selling a Home
Q2 2023 Hancock Park Market Update
Even with a writer’s strike many offers were written in Hancock Park as the imbalance of supply relative to demand and demographic trends are keeping our market dynamic and strong. Multiple offers continue for the most prized locations and ma...
1031 Exchange Tip
Attention Investors: Anxious about finding a suitable replacement property for your 1031 exchange in time, especially in today’s low inventory environment? Check out DTS products (Delaware Statutory Trust) which are investment grade proper...
Q1 2023 Hancock Park Real Estate Round Up
Spring has sprung and the sun is shining upon Hancock Park. Over the last three months the market (and real estate professionals) showed resilience despite constant rainfall, volatility in the banking sector, another interest rate hike, major t...
Q4 2022 Market Update in Hancock Park
Dare we say the market is ‘normalizing’? Q4 2022 was a time for social re-engagement after nearly 3 years. Our local Larchmont Family Fair was well attended as were many joyful holiday parties. What a great community we call home! The...
New taxes that will affect you
MEASURES ULA & GS PASSED - How Will it Affect You & the Real Estate Market Implications If you are thinking of selling let's discuss a strategic plan NOW. It will be more expensive to sell any real estate $5 million+ in Los Angeles. Beve...
Important Measure on the November 8 Ballot
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/...
California Real Estate Market Update & Forecast
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...
Q3 2022 Luxury Market across LA (Hancock Park to Malibu)
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%)....
Q3 2022 Market Update in Hancock Park
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...
Q2 2022 Market Update in Hancock Park
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...
Useful advice from the Hancock Park homeowners association today
The Drought, Our Trees, The Air We Breath Dear Hancock Park and Surrounding Neighbors, Trees are essential to our very existence. Their power alone manifests as the air we breathe - so let's not take them for granted. Now that we're being ...
JANUARY MAINTENANCE MINUTE
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 ...
Q4 2021 Market Update in Hancock Park
Q4 2021 Hancock Park Real Estate Market Round Up 2021 was a remarkable year for real estate citywide AND in Hancock Park. Record prices were set in our neighborhood and the $20MM threshold was just surpassed with the sale of 355 S Muirfield Rd...
Q3 2021 HANCOCK PARK REAL ESTATE MARKET ROUND UP
Larchmont Village turned 100 and the centennial was celebrated with CAKE! The October edition of the Chronicle delivered a great spread spanning the decades. Neighbors pulled together to refresh and re-launch the beloved Center for Yoga. Great ...
5 Reasons Today’s Housing Market Is Anything but Normal
There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The ma...
Q2 2021 HANCOCK PARK REAL ESTATE MARKET ROUND UP
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...
Q1 2021 MARKET UPDATE
People have been on the move – Sellers, Buyers and Real Estate professionals!!! The market is the strongest we have ever seen it so if you or someone you know is thinking of selling, call Loveland Carr NOW to discuss options. Q1 volume ...