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Wordless Wednesday - Jaipur, The Pink City - 02/29/12 03:32 AM
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Buying a Home in Los Angeles. May I Change Your Mind? - 02/29/12 02:47 AM
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, the Mandawa haveli below with approximately 30 rooms, spectacular views of the village, and wonderful murals can be grabbed up for the bargain price of around $500,000. The downside is there are only two bathrooms.
An enterprising French woman bought one of these havelis and converted it into a museum. … (9 comments)
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India Continued | Delhi | The Road to Mandawa | Mandawa - 02/27/12 06:49 AM
Since I have absolutely nothing to do at night here, I am taking the opportunity of posting my photos before I get back when I will be scrambling to catch up.
Forgive me if I don't answer your comments. I an rather anal about that, but I am trying to juggle some work also.
The experience continues. And I really do recommend you try and make it once.
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Westwood Real Estate Market Overview January 2012 - 02/27/12 05:11 AM
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 yearMedian Price: $1,278,500 / -25.23% over same period last yearActive: 14Absorption Rate*: 3.5 months
Westwood single family homes $2 to $5 Million Sold: 3 / +2 over same period last yearMedian Price: $2,808,000 / $2,900,000 was the one sale over same period last yearActive: 9Absorption Rate*: 4.15 months
Westwood single family homes over $5 Million Only one home sold … (0 comments)
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Speechless Sunday - Day Two in Mumbai - 02/26/12 04:32 AM
This place is absolutely amazing. So thank goodness it is speechless Sunday.
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Culver City Real Estate Market Report 2011 - 02/26/12 04:17 AM
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 more than 6 months favors buyers.
The Culver City single family housing market definitely favors sellers. Although the median price is down over the previous year, the number of homes sold is up. Culver City being the up-and-coming area that it is, there is a shortage of good inventory.
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First Day in India - 02/23/12 08:16 AM
I am not going to be commenting much or answering your comments over the next 3 weeks, so feel free to just check in without commenting.
Just picture all this with non-stop horns blasting. And traffic unlike anything you can imagine.
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Century City Condo Market Report 2011 - 02/21/12 08:22 AM
Let’s see how the Century City real estate market performed in 2011 by building.
Century Hill
Sold: 7 / = to same period previous yearMedian Price: $900,000 / +2.86 over same period last yearAverage Price Per Sq. Ft: 521.79Active Listings: 22Absorption Rate*: 16 months
Century Towers – 2220 & 2222 Avenue of the Stars
Sold: 10 / -3 over previous yearMedian Price: $707,500 / -9.18 over same period previous yearAverage Price Per Sq. Ft: $619.33Active Listings: 16Absorption Rate*: 23.88 months
Century Woods
Sold: 3 / +3 over previous yearMedian Price: $1,150,oooAverage Price Per Sq. Ft: $575.198Active Listings: 0
Le Parc
Sold: 5 / = … (8 comments)
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I Will be Showing Up Missing Over The Next 3 Weeks - 02/19/12 06:27 PM
I didn't want you to think I am ignoring you all, but I am off to distant lands for the next 3 weeks, namely India and Bangkok.Well, maybe 3 weeks and maybe Bangkok.Long story which I won't bore you with. But didn't want you to think I am skipping my blogging duties here.I will try and post photos, but meanwhile, watch this space:
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Brentwood Los Angeles Housing Market Overview | January 2012 - 02/15/12 02:31 PM
Brentwood single family homes under $1 Million Sold: 2 / +2 over same period last yearMedian Price: $792,500Active 7:Absorption rate*: 3.5 months
Brentwood condos under $1 Million Sold: 8 / -1 over same period last yearMedian Price: $484,000 / -13.42% over same period last yearActive: 47Absorption rate*: 6.02 months
Brentwood single family homes $1 to $2 Million Sold: 6 / +2 over same period last yearMedian Price: $1,450,250 / +5.28% over same period last yearActive: 44Absorption Rate*: 6.15 months
Brentwood Condos $1 to $2 Million Sold: 0 / -1 over same period last yearActive: 9Absorption Rate*: … (19 comments)
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Beverly Hills Housing Market Report | January 2012 - 02/12/12 09:16 PM
How is the Beverly Hills Housing market doing so far this year? Let’s take a look.
Beverly Hills single family homes under $1 million Not surprisingly. There are none.
Beverly Hills condos under $1 million Sold: 7 / +1 over same period last yearMedian price: $645,000/ -3.0% over same period last yearActive listings: 25Absorption rate*: 5.56 months
Beverly Hills single family homes $1 to $2 Million Sold: 0 / -1 over same periodActive listings: 11Absorption rate*: 3.47 months
Beverly Hills condos $1 to $2 Million Sold: 2/ +2 over same period last yearMedian price: $1,090,000Active listings: 19Absorption rate*: 10.38 … (11 comments)
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Santa Monica Real Estate Market Update | February 2012 - 02/08/12 04:22 PM
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 $1,500,000Active listings: 58, at a median price of $1,499,500Based on sales over the past 6 months, there is 3.55 months’ worth of inventory or absorption rate.*
For condos, there were 282 Santa Monica condos sold over the past year at a median price of $647,400Active listings: 120, at median price of $797,000Based on sales over the past 6 months, there is 4.77 … (17 comments)
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Top 5 Los Angeles Zip Codes in Which Angelenos Choose to Live - 02/07/12 11:45 AM
According to Trulia’s latest Metro Movers Report the 5 top Los Angeles zip codes chosen by local Los Angelenos for living are: 91436, 90036, 90066, 90064, and 91604.
Where are these desirable zip codes?
91436 covers upscale Encino which lies in the heart of the San Fernando Valley.
159 single family homes were sold over the past yearMedian price $934,00049 Active listingsMedian price $1,000,000Absorption rate* - 3.82 months
90036 includes the Fairfax district and Park La Brea | Miracle Mile.
91 single family homes were sold over the past yearMedian price $950,000Active listings 25Median price $999,100Absorption rate* 3.19 months
90066, covers Mar Vista
260 single family homes were sold … (11 comments)
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Downtown Los Angeles Condos | Market Report 2011 - 02/03/12 06:36 PM
Let’s take a look at how Downtown Los Angeles condos fared over the past year.
For the purposes of this report I have broken the price ranges down to under $500K, $500K to $1 Million, and the over $1 Million bracket. The largest movement is in the under $under 500K category.
Market absorption indicates the amount of time it will take to sell the existing inventory on the market. Six months is a balanced market; under six months a sellers’ market; over six months a buyers’ market.
Downtown Los Angeles Condos under $500,000 are a hot commodity, and definitely a strong sellers’ market, indicated … (11 comments)
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Wilshire Corridor Market Overview | February 2012 - 02/02/12 01:59 PM
There are presently 96 listed condos for sale on the Wilshire Corridor.
Three units have been on the market for over two years: two at La Tour, and one at the Marie Antoinette.
Four units have been on the market for over one year: one at The Californian, one at La Tour, one at The Remington, and one at 10560 Wilshire.
12 units have been on the market for over 6 months.
7 units are listed as Short Pay (I am relying on the MLS here): two at the Marie Antoinette, one at 10560 Wilshire, one at The Mirabella, one at Wilshire Selby East, one at Wilshire Selby West, and one coming up at The Grand.
There is one foreclosure noted in … (9 comments)
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Jane Peters - Los Angeles Real Estate DRE# 01439865
Los Angeles,
CA
More about me…
Power Brokers Int'l
Address: Beverly Hills, CA, 90210
Office Phone: (310) 473-6919
Cell Phone: (310) 351-9208
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