Real Estate Blog

Over the last several years, home sellers throughout Los Angeles and the entire country have had the upper hand as housing demand has steadily increased with an improved economy and as home builders struggled to keep up with demand. This resulted in a seller's market where bidding wars and driving up home prices became a norm. But, things may be changing. Real estate data over the last 2 months in Los Angeles suggests that we may be entering into a buyer's market for the first time in years. Lets take a look at the data. 

1. Price Reductions 

In August, the data for Los Angeles real estate showed 16.5% of homes listed for sale were sold after price reductions. This isn't a huge number, however it is the highest percent in price reductions we

73 Views, 0 Comments

Mortgage rates play a crucial role in the numbers of home loans disbursed by lenders across the nation. Even a slight increase in these rates has a profound impact on the number of people applying for mortgage loans. This is because any increase in interest rates increases EMI’s and the total amount of money the borrower repays to the lender in the long run. Increasing mortgage rates has a deep impact on the real estate industry in the long run.

Los Angeles has recorded a sharp decline in home loan originations

After hovering around the 4% mark for a long time until August 2017, mortgage rates across the nation crawled upwards and reached a level of around 4.5% in August 2018. According to Freddie Mac, these are the average mortgage rates given

140 Views, 0 Comments

If you love Halloween and enjoy with friends and relatives to the content of your heart on this day, you must have planned what to do on the Halloween this year. Halloween falls every year on 31 October and it is going to be a Wednesday. If you happen to be in L.A, here are some brilliant ideas to have loads of fun if you plan to stretch it to the weekend this year.

  1.      Visit haunted houses if you are fond of scares

Haunted Hayride in Griffith Park- If you really want to feel scared, the long hayride in Griffith Park in L.A is what you need. There are not just scary rides but also pitch-dark mazes and scare zones to get the excitement you are desperate for.It will be the 10th anniversary of this park this year. So be prepared for more fun

43 Views, 0 Comments

Labor Day is falling on Monday, September 3 in 2018. It’s obviously a wonderful opportunity for people who are looking for holidays on 3 consecutive days as September 1 and 2 happen to be Saturday and Sunday respectively. You will have 3 full days to enjoy and stay away from the stress and worries you usually must experiencing during your job and work day.  However, let’s not ruin this weekend to stay at home doing nothing especially if you have a family in LA. There will be several events to be conducted during the Labor Day Weekend in Los Angeles. You can have fun by taking part in events and activities taking place around this time. So, you need to plan accordingly and have a blast on this extended Labor Day weekend. Here are a few events you might be

79 Views, 0 Comments

With the Caruso's Pacific Palisades Village project reaching completion, the ambience of the Pacific Palisades community can be likened to the unconcealable excitement written over the face of a kid looking at a promotional standee of his favorite soon to be showing blockbuster movie. The promise of a timeless and sophisticated community gathering spot that gives off the irresistible coastal charm of the Pacific Palisades and the small town feel is altogether alluring. We all can't wait to experience what the Pacific Palisades Village project promises to offer!!

Slated to open on the 22nd of September, the creators of Los Angeles' THE GROVE and Glendale's AMERICANA, are a few weeks away from transforming a 116,000 square foot chunk of the heart of the

72 Views, 0 Comments

TOP SELLER TIPS FOR LOS ANGELES HOME SELLERS

Selling a home has never been easy, real estate agents are indeed the uncelebrated superheroes of our world. With a road that is intrinsically filled with turns and twists, it is important to choose a realtor that understands the Los Angeles real estate market and implements creative strategies to not only sell your home quickly and for the most money, but also a person that you can trust to give accurate and relevant information.

From the point of selling your home crosses your mind to the point of closing the deal, a lot of mistakes and things taken for granted can reduce the selling price of your home or worse hurt your chance of selling the home. When it comes to selling a house, it's best to

80 Views, 0 Comments

Celebrate America, friends, family, and summer this 4th of July all around Los Angeles. Check out some of our favorite 4th of July events:  

1. Buena Park 

Celebrate 4th of July at Knott’s Berry Farm with world class live entertainment and a spectacular fireworks show the whole family will love. Fireworks will begin at 9:30 pm, with bonus fireworks shows on July 1st and 2nd if you can’t make the 4th itself.

2. Palisades Beach

This beachy event is the perfect way to do July 4th, L.A. style. This spectacular parade is kicked off around 2pm by a group of patriotic skydivers jumping from the stratosphere. The official parader will then begin on Sunset Boulevard, between Via de la Paz and Drummond. General admission to the parade is free, but

82 Views, 0 Comments

Purchasing a home is a very exciting time and one that a buyer should prepare for. Whether it’s preparing to get a mortgage or beginning to search for homes online, making an error when purchasing a house can lead to undue stress, money out of the window, and wasted time. Most homes on the market have a broker representing the seller. The listing agent’s main responsibility is to make sure the sellers best interests are being protected. So how does a buyer make sure their best interests are being protected? There are several reasons why it’s extremely important that when you’re purchasing a house that you hire a buyer’s agent. Since a buyer’s agent is looking out for a buyer’s best interest, they’ll help ensure the buyer gets the best deal possible

146 Views, 0 Comments

Westside Los Angeles real estate continues to steadily inch up in price as new home inventory stays at record lows. In April, new single-family home listings in Marina Del Rey dropped by 50%, causing the median home sales price to raise by 30% as compared to April 2017. As for condos in Marina Del Rey, the number of new listings dropped by 20% influencing a 15% increase on median condo values in the area. Santa Monica single-family homes saw a 27% drop in new listings and a 15% increase in median sales price as compared to last year at this time. Condos in Santa Monica did not see as much as a shift compared to single-family homes, with a 13% decrease in new listings and a 9% median price increase. In Venice, the market remained nearly the same with

131 Views, 0 Comments

10 Activities to do this spring in Los Angeles:

   1.  The Getty

The Getty is located in Brentwood, Los Angeles. It was designed by Richard Meier and is one of the most spectacular places in Los Angeles to visit. The Getty is famous for its marble building architecture, which is surrounded by pools, fountains, and a circular garden overlooking Los Angeles. Get to the Getty by either hiking your way up or taking the funicular.

 2.    The Venice Canals

The Venice Canals were excavated from marshland in 1905 by a real estate developer who wanted to recreate the canals of Venice Italy. Los Angeles’ historic Venice Canals offer a taste of the real thing with quite side streets and gorgeous homes set amongst the canals. The Venice canals are the

211 Views, 0 Comments

Have a Question?

Contact Us

Follow Us