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 ...
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...
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...
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. ...
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...
Congratulations!
New Greater Wilshire Neighborhood Council Representatives!
The Greater Wilshire Neighborhood Council election results are in! All five Hancock Park residents who ran were elected! Association President Cindy Chvatal-Keane is ...
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...
Key Advantages of Buying a Home Today
Clearly buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make thi...
Chief Economist Jordan Levine from the California Association of Realtors offered the following real estate insights on Nov 18th. We have summarized it for you and added our local market commentary.
Expect
•Sales volume to contract more t...
Today we are sharing a message from our very active and engaged local community leaders in Los Angeles. We are fortunate and grateful to the Hancock Park Homeowners Association volunteers for their service and care.
Dear Surrounding Greater...
The $5+ million luxury segment of the real estate market from Hancock Park to Malibu is down slightly year to date as of the end of August 2022.
765 closed sales of $5+ million this year, versus 784 at this time last year. (-2.5%)....