July 2012

Understanding Property Taxes for Los Angeles Home Buyers

If you are buying a Los Angeles home you are going to want to understand the property tax system, including supplemental property taxes that may be levied when a home changes ownership (there are inter-family and similar exclusions, but an expert should be consulted on those). Important Los Angeles property tax dates The property tax year runs […]

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Downtown Los Angeles Condo Market Half Yearly Report June 2012

How is the Downtown Los Angeles condo market doing this year?  Let’s see, and compare it to the same period of 2011. Sold:  140 – 3 less than the same period last year. Median price:  $305,500 – a 1.83% increase over the same period last year. Low price: $107,500 High price:  $3,700,000 at 900 W.

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Westwood Real Estate Half Yearly Market Report, June 2012

Let’s see how the Westwood single family real estate market fared over the first half of 2012. The numbers are taken from the MLS/CLAW and are deemed reliable but not guaranteed. Since it is difficult to separate out Wilshire Corridor condos and they form approximately half of the activity in Westwood, condos are omitted from this report. Number

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Century City Condos Half Yearly Market Report June 2012

How are Century City condo sales doing? Century Hill Sold:  6 = +5  in 2nd Quarter Median Price:  $1,030,000 Average Price Per Sq. Ft:  414.93 Active Listings:  20 Units Under Contract:  2 Century Towers – 2220 & 2222 Avenue of the Stars Sold:  4 – +3 in 2nd Quarter Median Price:  $825,500 Average Price Per Sq. Ft:  $534.92

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