Century City condos have a mix of full service high rise buildings and gated garden complexes with full amenities. Away from the bustle and bustle with easy access to shopping and dining, Century City is a great alternative to the Wilshire Corridor. We should check in and see how the market performed in 2012 as …
Like most areas of Los Angeles, the Westwood neighborhood is suffering from low inventory, especially in the single family market. Home to UCLA, it is a desirable place to live so it will be interesting to see how Westwood real estate fared in 2013. Westwood single family home sales Sold +/- 2012 Range Median +/- …
West Hollywood is one of the more affordable communities in Los Angeles. An incorporated city with a high Walk Score, West Hollywood has great dining, stores, galleries, and nightlife, and is a much sought-after neighborhood to live. How were sales of homes in the West Hollywood area in 2013? (The West Hollywood area on the …
From a Mortgage Lender’s perspective, the most complicated Mortgage Applicant is often the Applicant that is Self-Employed. Why? Full Documentation Loan Files are demanded in today’s Mortgage lending. IRS transcripts are requested (and received) on the vast majority of Mortgage Loan Applications. With Self-Employed Borrowers, the only way to verify income …
Are You Self-Employed and Hoping to Get a Mortgage? Read More »
Culver City is one of the up-and-coming areas of Los Angeles. Culver City is one of the more sought-after neighborhoods due to its place on the Expo line which runs from Downtown Los Angeles, to be continued to Santa Monica, and the gentrification of its downtown area with boutiques, galleries and restaurants. Let’s take a …
Brentwood is a trendy, upscale neighborhood on the Westside of Los Angeles. A mix of apartments and condo buildings to the south and single family the further north you go into the hills. With its high end dining and shopping and high walkscore, Brentwood real estate is in high demand. Let’s see how the Brentwood …
Turn on the TV. Read a newspaper. Check-out Social Media … and you’ll run into an article(s) regarding the latest “trends“. Heck, on Twitter they have a trend list that’s constantly evolving and updating. Trends … and being able to report them … are big news. That’s certainly true in the Real Estate/Mortgage world too. …
Looking for Trends in Mortgage Lending During 2014 Read More »
Let’s see how Santa Monica real estate fared in 2013 as compared to the previous year. Due to the difference in demographics the report is split by Santa Monica zip code. 90401 – this is primarily a business district so you will see little or no activity here. Sold +/- 2012 Median +/- 2012 Active …
Lower Loan Limits & Higher Costs of Borrowing An interesting phenomenon is taking place within the financing world these days … What “used” to be … doesn’t “remain that way” long! This has always been the case in quickly-changing JUMBO financing. JUMBO loans are defined as those loans above $417,000 on Single-Family Residences (except …
It’s time to take a look at how the Wilshire Corridor condo market performed in 2013 and compare it to 2012 activity. The figures are primarily based on 2 bedrooms units and up and do not include penthouse units. Building Sold +/2012 Median Price +/- 2012 Avg. Price Per Sq. Ft.** Total Active …
