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Posts Tagged ‘housing market’

LA’s Luxury Market Update January 2024

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...

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Attention Landlords

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...

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Q3 2023 Hancock Park Market Update

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...

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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...

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A Decade of Undersupply Forecasted

According to economist Danielle Hale, housing affordability is not expected to improve for prospective home buyers in the near future. This is primarily due to the high cost of borrowing and a lack of available homes on the market. ...

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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...

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June 2023 Market Update for Hancock Park

Even with a Writer’s Strike many offers were (and are being) written in Hancock Park. Multiple offers continue for the most prized locations and many are still offering cash. For the month of May there were 9 sales down from 18 in M...

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