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selling a home: Is Los Angeles Real Estate a Buyers' Market? - 03/27/12 10:18 AM
Following my recent post: Los Angeles real Estate is it a Sellers’ Market
As a Los Angeles home buyer you will want to know where the best deals are right? Unfortunately, Los Angeles is not a city for real estate deals. There are buyers’ markets but that does not mean that you are going to be able to find a bargain.
The Los Angeles real estate buyers’ market is mostly at the luxury end. You know that sellers have received offers, but they have probably been way below the listing price and those sellers are not willing to budge.
There are many areas where … (20 comments)
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selling a home: Don't be Afraid to Use your Los Angeles Realtor® for Both Ends of the Deal - 01/25/12 08:47 PM
Los Angeles home sellers often contact me to help them find a home to buy or rent.
Knowing that they are obviously already working with a Realtor® my first question is, “have you asked your current Realtor® to help you?”
Today I received one of those calls from a lovely lady who said, and I kid you not, “Oh no. He is so busy selling my home I didn’t want to bother him.” Now don’t get me wrong. I am certainly more than willing to help someone who is buying a Los Angeles home, but the right thing to do is make sure that … (25 comments)
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selling a home: Echo Park California Market Report - January '10 - 02/15/10 05:52 PM
The statistics below cover home sales in the major Echo Park area (90026), are taken directly from the MLS and are for single family homes. They also don't take into consideration condos, income property and private sales.
There were 13 sales in the month of January '10, 1 more than in December '09. The most expensive home sold was $712,000 and the least expensive $100,000.
The median sales price was $325,000, no real change from December '09.
Average days on the market for sold properties was 95, up from 37 in December.
There were 41 active listings, 6 … (12 comments)
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selling a home: Echo Park, Los Angeles - An Up and Coming Place to Live - 11/03/09 10:47 AM
I just showed a property in Echo Park to a client of mine. It is a new, loft-style condo development on a busy street, but it has tremendous views. (You can see the Hollywood sign top left and Griffith Park Observatory just below and to the right)
Every time I visit Echo Park I am reminded of its uniqueness. There are so many different neighborhoods and architectural styles, from mid-century modern, and craftsman, to the modern, and the area is a veritable melting pot of cultures.Its proximity to Downtown Los Angeles and Burbank, and Universal City makes Echo Park … (6 comments)
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selling a home: Before Active Rain and Now - 10/29/09 02:10 PM
Dear Mr. & Mrs. Seller:You are about to make one of the biggest decisions of your life. Your children have moved out, so you don't need such a large house. But you have such happy memories. A lot of amazing things have happened in this home and it is difficult to leave it behind. But you must.Or, you are relocating for work. Should you rent the house? Do you want to deal with tenants? Do you need the money for your new home?Big decisions!Now comes an even bigger one. Who are you going to entrust with selling your prized possession? There … (3 comments)
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selling a home: Venice Calfornia Market Report - Third Quarter '09 - 10/19/09 08:24 PM
Venice California, median home pices rose 17% in the last year.
dd
The number of homes going under contract in every given month increased 40%
For sale properties dropped 15%.
New properties coming on the market dropped 23%.
Inventory of homes in Venice California is down 46%.
And the months supply of inventory is also down 46%.
… (0 comments)
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selling a home: Beverly Hills Market Report - September '08 to September '09 - 10/13/09 09:05 PM
The median price of homes in Beverly Hills has increased by 123%
The number of properties sold has increased 55%
The properties on the market in any given month where a buyer could have written a first position offer to purchase it at any time during that month. Different from Months Supply of Inventory below. The number has increased 3%.
The number of properties going into contract on any given month shows the sales activity. This has increased 108%.
These figures show how long it would take to sell the present inventory based on the … (4 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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