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century city ca: What is your favorite Marketing Moment? Here is mine in Century City,CA - 08/27/11 04:49 AM
What is your favorite Marketing Moment? Here is mine in Century City,CA. I had these benches as advertisements at all major intersections. These happen to be on Santa Monica Boulevard in front of 10100 Avenue of the Stars. Near luxury condominiums from a price point of $400,000 to $20,000,000. I had about five of them marking my territory. Attorneys, Asset Managers and anyone who passed by saw them.

 I look back fondly at this pictures.
 
 My parents and my in-laws loved it. These were Bench Advertisements in Century City,CA. Did I get business? Nothing tangible, lot's of calls from clients … (21 comments)

century city ca: Century City Condominium Market Report for the Month of November 2010 - 12/13/10 08:31 AM
Century City Condominium Market Report for the MOnth of November 2010.
The long awaited November Condominium Market Report for Century City, CA is finally here. As some of you know I have and am out of the country as this is being written. I have noticed there was a huge drop from the Active Listings from the Previous Month. I was quite surprised we went from 291 to 249 this has been a downward trend for the past two months. Part of it is cyclical due to the winter sales cycle, fewer sellers place their homes on the market, part of … (0 comments)

century city ca: Century City, CA Condominium Market Report June 2010 - 07/09/10 06:40 PM
Century City, CA Condominium Market Report June 2010.The month of June is now in the history books, so let us look at how it fared overall. There have been a lot of people looking and cautiously waiting how the Real Estate Market will fare due to the Tax Credit's disappearance.
So let us look at the numbers. The Active listings inventory has increased from 277 the previous month to 293. I find this as a positive, because this will keep sellers pricing the properties correctly in order that they could sell their Condominiums and at the same time, this will give … (2 comments)

century city ca: Century City, CA. Condominium Market Report for April 2010 - 06/02/10 02:08 AM
Century City, CA. Condominium Market Report for April 2010. Although you are used to my reports within a few days after the month ends, I am sorry to have this report delayed for many reasons. One happens to be I had such a busy month.
Now with that said let us look at the numbers.
There were 251 Active Condominium Listings. This part of the West Side of Los Angeles is such a desired area, it is seconds from Beverly Hills as well as only six to nine miles to the Ocean in Santa Monica, hence the activity remains strong and … (2 comments)

century city ca: Century City Condominium Market Report for March 2010 - 04/10/10 06:18 PM
Century City Condominium Market Report for March 2010.This has been an amazing month for Century City, the inventory has increased so buyers have more choices. The most interesting statistic is the Pending properties on the market; there has been a phenomenal increase over last month. There are 31 Condominiums that have not removed their contingencies and sellers are accepting Back up Offers, more telling is that there are 47 properties in Escrow just waiting to Close. This is sending a strong message that the spring home-buying season is very robust.
These statistics are more interesting nowadays then the Sold statistics. Previously … (4 comments)

century city ca: Century City Market Report Part #2 (2009 Summary) - 01/07/10 04:09 PM
Here is my continuation of the Century City Market Report Part #2 (the 2009 year end summary)
The numbers are very interesting, many people do not understand why this occured. I suspect since the bankes were encouraged to do more short sales in lieu of foreclosures, this in turn created a demand by buyers and at the same time prevented a larger drop in the prices.

The number of Condominiums in Escrow are up by 56% compared to December 2008. Hence I do not anticipate any large drop in price nor demand for the next few months.
 

 As … (2 comments)

century city ca: Century City, CA Market Report Part #1(2009 summary) - 01/05/10 05:53 PM
Enclosed here you will find some very interesting Numbers and Statistics for Century City CA Market Report. I broke the report into two parts so you can look at it in more detail. The numbers are not what I was expecting. One of the most interesting Fingure was the Median Sold Price by Month. Virtually there is no change between December 2008 and December 2009. To me a 2% drop  was a true suprize.. The buyers that bougth properties in March, April and  July were the ones that got some fantastic deals.
 
 
 Equally interesting is the Median Price for … (7 comments)

century city ca: Century City/Westwood CA.,Condominium Market Report for November 2009 - 12/11/09 12:52 AM
The Condominium Market Report for the month of November in Century City is very telling. Please look at the numbers closely. The trend is very interesting. Next month I will do a full comparision month to month year over year. Be on the look out for it. I will include charts as well for eye appeal.
 
-If you are a consumer  who is considering buying  or selling  a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me … (0 comments)

century city ca: October 2009 Condominium Market Report for Century City/Westwood ,CA - 11/13/09 05:34 PM
I have been so consumed by three different transactions, that I just did not have any time for  publishing the Market Report for Century City/ Westwood for the month of October. Late as it may be here it is. To make up for the lateness I have made  the following changes  for added value. Let me know what you think:
 
 
I find the numbers are very interesting and telling. My first impression is the Price Drop for starters is very interesting month over month as well as year over year. Also interesting is the  sales volume month over month as … (0 comments)

century city ca: Century City Market Report for September 2009 - 10/11/09 10:49 PM
Although my report is late again, it is still interesting. The Century City Condominium Market Report for September 2009 is amazing.
The Active Listings went up by a small margin from the previous month. Currently we had 313 Active Condominium listings as of October 1st 2009 vs. 309 from the month before.
The Condominiums that are in Escrow waiting to remove contingencies have increased as well from the previous month. The previous month there were 34 and in September there were 39 waiting to remove their contingencies. The properties that were pending in the previous month were at an all time … (0 comments)

century city ca: Century City,CA. Condominium Market Report for August 2009 - 09/05/09 02:08 AM
Here we are the Century City, CA Condominium Market Report a bit late, nevertheless still interesting. I find it always interesting when you talk to people who like to generalize how the real estate market is, based on their feelings, emotions or what they have heard in
 The Active listings have decreased by about five from last month. In the big picture that is negligible when you see that there are currently 309 Condominiums on the Market.
 The ones that are in Escrow and have not removed their contingencies are identical to the month before. There are 34 accepting Backup Offers.
… (2 comments)

century city ca: Century City,CA. Condominium Market Report July 2009 - 08/04/09 07:21 PM
Century City, CA. Market Report for July 2009. Well here we are and another month just flew by. I have been quite busy and productive, hence the delay of my monthly market report. 
 Since the beginning of 2009 you have read my reports and I have been showing the numbers and you could see that the Real Estate Market has been improving month over month in Century City, CA. The volume of sales has been quietly increasing from the previous month as well as year. So it should not come as a surprise to any of my loyal readers what now … (4 comments)

century city ca: Century City,CA. Midyear Market Report - 07/06/09 01:28 AM
 
I have been very busy during the month of June; hence my perception was that the Market has been very active. Instead of going by perception let us look at the facts.
 
               January                       February              March           April         May           June
 
Active:             289                       295                      294             306           315             313
 
Pending:             35                          10                       38               50             54               50
 
Accepting Backups 14                     20                      25               30             38               27
 
Sold                         13                      14                      20              19              27              42 
 
It is very encouraging to see these statistics, in light of the fact, that I just finished looking at the Marina Del Rey as well as … (2 comments)

century city ca: Century City,CA., Condominium Market Activity Report for May 2009 - 06/02/09 02:32 AM
Here we are the month of May just flown by for me. Even though there were thirty one days in the month I could have used a few extra. The activity has picked up not just for other Realtors, but for me as well. I have been fielding calls, showing properties, and writing offers and found my self in multiple offer situations more then five times this month. I am confident, based on my activities that the numbers will be better compared to the previous month. 
Now let us look at the actual Condominium Activities for the month of May in … (3 comments)

century city ca: Century City, CA Market Report for April, 2009 - 05/04/09 11:04 PM
Century City, CA Market Report for April, 2009
  Here we are and the numbers are in for the month of April. Century City, CA has boasted of an improvement month after month in the sales activity, since the beginning of the year. So I am optimistic, but at the same time realistic about the current state of the real estate market, hence I am just as anxious as you to see how it turned out. I have been involved in multiple offer situations last month, so I have a good feeling where the numbers will be.
 With this introduction, let's see … (3 comments)

century city ca: Century City, CA Real Estate Market Report for March 2009 - 04/01/09 08:37 PM
 Well here we are April 1, 2009. The month of March 2009, data is now available. This is not an April Fools joke, these are the actual figures.
 Before I will give you the figures, for your convenience I am enclosing a link to the February Market Report so you can compare it easier to the current numbers. (http://activerain.com/blogsview/962925/Century-CityCA-Real-Estate-Market-Report-for-February-2009 )
 There is almost no difference in the Active Listing inventory month over month between February and March 2009. The Multiple Listing Service had 294 Active Listings.
 Interestingly there has been an increase of Properties that are in Escrow accepting back up … (3 comments)

century city ca: Century City,CA Real Estate Market Report for February 2009 - 03/03/09 03:24 AM
Here we are February is in the history books. It went by so fast. OK in all fairness it is two to three days shorter then the rest of the months. So let us see how the Century City Condo Market fared.
 Let us compare it to January (http://activerain.com/blogsview/910700/Century-City-Condominium-Market-Report-for-January-2009 )
 There are some noteworthy changes in the Century City Real Estate Market. For the month of February: there were 295 Active Listings, 20 accepting back up offers and 10 Pending i.e.: solid in Escrow. Also it is very interesting, that 14 Properties Sold in the Month of February.
 The statistics show, … (0 comments)

century city ca: Century City Condominium Market Report for January 2009 - 02/01/09 04:18 AM
 I have been monitoring the Century City Condominium Sales activity for quite some time, but I chose not to publish it previously. I have been receiving requests from buyers and sellers to give these statistics. Here is a New Year, a new President, so here we go this is my first Market Report for Century City/ Westwood Condominiums. This will be a monthly report with a year end summary.
Instead of just giving a snap shot of the Market I would like to frame the current Activity in relationship to the past two year.
 For the month of January 2007 there … (2 comments)

century city ca: A Developer with a vision calls for razing the Century Plaza Hotel, what was he Thinking? - 12/19/08 01:11 AM
As I was reading today's LA Times (business section  dated December 18,2008) I was just amazed at the brilliant move of Real Estate developer Michael Rosenfeld.
 The RE Market is in a downturn and more then likely at the bottom, he in turn is Planning to demolish the Century Plaza Hotel and develop in it's  place two 50-story towers, with a pedestrian- friendly area. 
The Design he envisions, has rows of trees, pedestrian walkways which would connect the new housing and an expanded Century City shopping center. There would be new trendy restaurants office areas and of course super luxury Condominiums. … (0 comments)

century city ca: Do you think the Real Estate Market is bad, Look at ' the Century' in Century City, CA? - 11/18/08 02:33 AM
By now I am sure everyone has heard that in the City of Angels, there is a new address. The Marketing brochure calls it "Heaven Has a New Address". The actual address is 2055 Avenue of the Stars.  The developers named it "The Century". It consists of a forty two storied building on almost four acres of lush greenery and soothing waters,Designed by the the Architects Robert A.M. Stern.
 This is the ultimate in what one would think of California Life Style. It is not for every ones taste or likes nor is it for everyone's budget. One would be purchaser made … (7 comments)