I am presently traveling in India which is an eye-opening experience to put it mildly. Extreme poverty at the one end with India’s richest man building the world’s first billion dollar home at the other. However, you can pick up some bargains in the middle. In Mandawa there are several abandoned properties. Built in 1852, …
Buying a Home in Los Angeles? Can I Change Your Mind? Read More »
Let’s see how the Silver Lake and Echo Park real estate market did in 2011. The MLS/CLAW covers the above two areas together, and since the boundaries are not clear, this report will cover both areas. Absorption rate is the number of months it will take the current inventory to sell, based on the average …
Silver Lake | Echo Park Real Estate Market Report 2011 Read More »
How is the Westwood real estate market starting out this year? The January 2012 report is broken down into price ranges and includes the Wilshire Corridor which also has its own report. Westwood single family homes under $2 Million Sold: 6 / +3 over same period last year Median Price: $1,278,500 / -25.23% over same …
Lets take a look at the Culver City housing market, and how it did in 2011. Market absorption really shows the picture. It shows the number of months it will take to sell the existing inventory based on the average sales per month. 6 months is a balanced market. Less than 6 months favors sellers and …
Let’s see how the Century City real estate market performed in 2011 by building. Century Hill Sold: 7 / = to same period previous year Median Price: $900,000 / +2.86 over same period last year Average Price Per Sq. Ft: 521.79 Active Listings: 22 Absorption Rate*: 16 months Century Towers – 2220 & 2222 Avenue …
What’s Your Point?? Nawwwww … Not THAT Point! A great scene, isn’t it? But it’s not those “points” I’m going to talk about in this blog. No, I’m talking the “points” referred to when discussing mortgage costs and options. I’ve had several discussions as of late, with some pretty confused borrowers regarding these …
The Wilshire Corridor condo market is slow at best, especially in the higher end range. 10560 Wilshire Blvd. is no exception. There are 7 units on the market with a 15.15 months absorption rate. This means that, based on the past six months of sales in the building, it will take 15 months to sell the existing …
10560 Wilshire Blvd #405 a Wilshire Corridor Condo to Watch Read More »
Let’s check in and see how the Brentwood housing market did in January. Brentwood single family homes under $1 Million Sold: 2 / +2 over same period last year Median Price: $792,500 Active 7: Absorption rate*: 3.5 months Brentwood condos under $1 Million Sold: 8 / -1 over same period last year Median Price: …
Brentwood Area of Los Angeles Housing Market Overview | January 2012 Read More »
Don’t “Cut Your Nose Off and Spite Your Face” when it comes to your Mortgage Financing There’s an old saying … “You’re cutting your nose off and spiting your face” … Stretching the point just a bit, I want to use this saying to get a message across regarding interest rates … and …
Los Angeles Mortgage Financing | Cheaper is Not Always Better Read More »
Let’s check out the Santa Monica real estate market so far this year. It is easier to break Santa Monica down into zip codes for price points. As an overview, there were 225 Santa Monica single family homes sold over the past year at a median price of $1,500,000 Active listings: 58, at a median …
