By now you have likely been showered with stories about the National Association Realtors (NAR) class action suit regarding real estate commissions. The media has whipped up a storm of confusion. Change is ahead indeed and many details are stil...
It's that time of year again to take advantage of these next few weekends before Memorial Day and the summer travel season.
After all the rains it's an ideal time to focus on drainage and gutter care, verify the sump pump is working (conside...
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 ...
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...
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,...
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...
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...
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...
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...
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...
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)....