Los Angeles Market Snapshot

los angeles market snapshot

Is the sky falling? There is a lot of talk about the direction of the market. Here are the facts – the Los Angeles market snapshot up-to-date as of the end of January 2019. These numbers cover all of Los Angeles. We will high-lite specific cities in future posts. Are more homes on the market? [...]

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Downtown Los Angeles Just Keeps Getting Better

downtown los angeles

Years ago, UCLA had a weekend “class” – a bicycle tour of downtown Los Angeles guided by an architecture and design professor. I never really appreciated the exquisite architecture our city holds until that weekend. Touring on a bike was a genius idea because it allowed us to take our time and really take in [...]

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The Inglewood Real Estate Market – and Other Hot Spots.

You’d have to live completely off the grid to not know that Inglewood is the new home to both the Rams and the Chargers. That’s one of the reasons the Inglewood real estate market has become so hot. It’s always wise to follow what the “experts” do – I say experts but what I really [...]

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Homeowners on Golf Courses Find Themselves in a Hole

Are you thinking of buying a second home on a golf course? You might want to think again after reading this Wall Street Journal article. Quoting from the WSJ – Beware Golf Course Homes “When Mitch Steller first moved into his house on a lush 117-acre golf course in Southern California, “this was like the [...]

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What a Buyer Should Know About Open Houses

It’s an open house — the first thing you know is that it will be beautiful. Or as beautiful as possible. Don’t let the decoration sell you. Almost everyone stages a home. As a buyer, the main thing you have to focus on are structural issues. You can ask for a disclosure sheet that lists [...]

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When a Letter Can Change Your Life

In locales all over California, housing supply is tight. The homes that are on the market are usually snapped up quickly, often to cash buyers. Home buyers who want their offer to stand out can often send a letter to the seller and, when done properly, letters can help close the deal. Let’s look at a true [...]

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Sales Price vs Appraised Value

Before you can close on a property, the seller, buyer, and lender must agree on a value, which can happen more easily if sale price and appraised value are very close. Sellers tend to view their homes emotionally, and that can become quickly apparent when they put them on the market. They may price the [...]

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