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 ...
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...
February was the wettest month since 1998 with over 12” of rain, the 7th wettest month overall in the LA’s 150 year recorded history, according to the NY Times. This did not deter buyers!
Sales, as demonstrated by the number of pendi...
We would like to share the most recent communication from the Hancock Park Homeowners Association that relates to the primary election. Many items on the March 5th ballot will impact our daily lives (and real estate values ultimately) in Hancoc...
Measure ULA certainly influenced sales volume of properties over $5 million in the city of Los Angeles since it took effect April 1, 2023. Looking at closed sales in January 2023 relative to the prior year is a bit distorted because there w...
ATTENTION ALL LANDLORDS (now known as "Housing Providers")
Check your mail & remember to complete and mail and your rental registry to the City of Los Angeles to avoid penalties & fines.
Recently a client called for clarification on...
Buyer confidence picked up in December which is reflected in January sales.
Nearly twice as many homes sold in Jan ’24 vs Jan ’23 (13 vs 7), 5 of which were over $3MM. If priced properly to start, they sold quickly. Buyer’s confide...
The ground is beginning to shift in the luxury real estate landscape in 2024 here in Hancock Park and across key markets of the US. Keep an eye on interest rates as they will be the first barometer of what lies ahead for the market. At this...
Change is constant and it appears as though change will continue to move at an exponential rate henceforth. And yet, Real Estate is still the best hedge against inflation. The stock market, crypto currency, regional banks, commodity prices,...
December 2023 Hancock Park Update
Happy New Year to all! The best holiday gift for the real estate market was the Fed's announcement to hold rates in December and to expect 3 cuts in 2024. Sentiment soared & the stock market hit new hi...
November 2023 Hancock Park Update
SAG-AFTRA strike is over and Larchmont Village finally has a little market again with Cookbook in the former Chan Dara space. La Bettola di Terroni is in the full swing of things offering its patrons a f...
Saturday, November 4th from 12pm to 4pm
The Windsor Square Hancock Park Historical society proudly presents our annual home tour on Saturday, November 4th from 12:00 to 4:00. This year for our home tour we have scheduled an outing which has no...
Labor agreements were reached so it’s back to business Los Angeles!
Baby Boomers continue to shape culture and commerce. Properties suitable for their life stage (smaller homes, single level condos, pieds-a-terre) are selling most quickl...
Change is constant and it appears as though change will continue to move at an exponential rate henceforth. And yet, Real Estate is still the best hedge against inflation. The stock market, crypto currency, regional banks, commodity prices,...
Mark the calendar 📆 for the 35th ‘The Taste of Larchmont’ this
Monday, 9/18 from 6-9am🍽️
Dine al fresco, connect with friends and sample food from 19 local eateries! Come say hello to Anne between 6-7:30 at for delicious Lev...
LA voters passed Measure ULA (only 512k to 374k votes) in November 2022 which imposed a new “Homelessness and Housing Solutions” transfer tax on all real estate sales transactions in the city over $5 million. Though it is commonly referre...
Hancock Park real estate made international news again this week for the most recent luxury home listed for sale on Muirfield Road in the Hancock Park Preservation Overlay Zone (HPOZ). If it sells at the current list price, Howard Hughes' form...
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...
It's going to be a LONG - HOT Summer!
How often should you deep water Parkway trees?
Water deeply by setting your hose on a slow trickle or using a soaker hose near the base of the tree. Leave the hose on trickle for about 2 hours. On average...
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...