Posts Tagged ‘LA County’
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...
February Market Update
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...
Local Impact of Elections
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...
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...
January Market Update
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...
LA’s Luxury Market Update 2023
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 Hancock Park Real Estate Market Update
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 Hancock Park Real Estate Market Update
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...
A Very Special Interior Tour of Consulate General Homes
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...
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...
LA’s Luxury Market Update
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,...
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...
It’s Going To Be A Hot Summer
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...
A Decade of Undersupply Forecasted
According to Realtor.com 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. ...
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...