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Posts Tagged ‘Luxury Real Estate Los Angeles’

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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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,...

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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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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,...

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Taste of Larchmont

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...

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Measure ULA Tax Update

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...

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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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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...

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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...

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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...

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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...

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Real Estate Sales Over $5MM Market Update

    New records abound across Los Angeles for Estates! Year to date that have been 321 closed sales over $5+million versus 172 at this time last year.  Up an amazing 87%. The buyers were mostly American (75% of purchases)....

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