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penn properties: West Hollywood Condos - June 2009 - 07/08/09 09:46 AM
WEST HOLLYWOOD CONDO REPORT: June 2009 (May 2009) Average Selling Price: $572,000 ($545,000) Average List Price: $607,000 ($579,000) Median Price: $560,000 ($502,000) Total Sold in Dollars: $15,444,000 ($14,170,000) Number of Units Sold: 27 (26) Lowest Price Condo Sold: $274,500 ($265,000) Highest Price Condo Sold: $1,485,000 ($900,0000) Average Days on the Market: 100 (124) (Statistics extracted from The CLAW MLS and rounded off for ease of comparison. Statistics are deemed reliable but are not guaranteed) (1 comments)
penn properties: Property Profiles no longer allowed to be provided by Title Companies - 07/05/09 07:23 PM
Why has the Department of Insurance in California deemed it illegal for any Title Company to provide Property Profiles to anyone? Is it true that only if you have an "Open Order" with a Title Company are they allowed to supply the information previously contained in a "Property Profile"? My Title Rep has advised that information regarding property details, ownership information, registered loans etc. may now only be obtained from vendors who charge for this information. Apparently this move is a direct result of SB 133 (Senate Bill) - A new Title Marketing Law. This does nor sound right to me. (8 comments)
penn properties: Realtors® Federal Credit Union - 07/04/09 11:52 AM
This week I received my Member Reference Guide from the National Association of Realtors. Included in the brochure were details of the benefits offered by the NAR's Realtor Benefits Program. One benefit I didn't know about was The Realtors® Federal Credit Union. I didn't even know there was a Credit Union for Realtors. I'm interested in feedback from fellow ActiveRainers who are members of this Credit Union. Has anyone obtained a mortgage from this Credit Union? ..... Are there real and practical benefits to be had? (4 comments)
penn properties: Pizza Mozza 2 Go - Now Open on Melrose Ave, Los Angeles - 07/03/09 05:11 PM
Last year I blogged about The Best Pizza in Los Angeles. Then last month I posted a pic of the delicious Pizza Bianca available at Pizzeria Mozza on Melrose Ave in Los Angeles. That "Wordless Wednesday" photo received over 25 comments from hungry ActiveRainers being tempted by the mouthwatering image. Several commentators asked if the Pizzas were available to go or for delivery. Now while I doubt my little post had any influence on the owner's of Pizzeria Mozza, it was great to learn that Pizza Mozza 2 Go was opening up right next door to Pizzeria Mozza and Osteria Mozza. (9 comments)
penn properties: West Hollywood Two-Bed Condos For Sale - A Snapshot on 7/1/09 - 07/01/09 10:14 AM
Two-Bed Condos For Sale in West Hollywood as at 7/1/09: Number of Two-Bed Condos For Sale: 109 Lowest Priced Two-Bed Condo: $414,000 (906 sq ft) HOA $336 per month Highest Priced Two-Bed Condo: $2,475,000 (2246 sq ft) HOA $1640 per month Smallest Two-Bed Condo Available: 870 sq ft Biggest Two-Bed Condo Available: 2660 sq ft Oldest Listing: 533 days - Listed Since 1/17/2008 Information obtained from the CLAW MLS and deemed reliable but not guaranteed. (0 comments)
penn properties: West Hollywood One-Bed Condos For Sale - A Snapshot on 6/30/09 - 06/30/09 05:49 PM
One-Bed Condos For Sale in West Hollywood as at 6/30/09: Number of One-Bed Condos For Sale: 64 Lowest Priced One-Bed Condo: $274,900 (670 sq ft) HOA $282 per month Highest Priced One-Bed Condo: $3,495,000 (3900 sq ft) HOA $2600 per month Smallest One-Bed Condo Available: 664 sq ft Biggest One-Bed Condo Available: 3900 sq ft Oldest Listing: 499 days - Listed Since 2/17/2008 Information obtained from the CLAW MLS and deemed reliable but not guaranteed. (1 comments)
California enjoys some of the best weather in the country and yesterday was a magnificent day for the beach. I decided to take a day off and have a break from Real Estate. A friend and I drove out to Malibu and chose Broad Beach as our destination. When we arrived it was high tide. We were shocked by what we saw. The beach was gone - literally. The water had risen so much that the beach houses were being sucked back into the ocean. It's a disastrous case of sand erosion. Desperate homeowners have placed walls of sandbags on (14 comments)
While browsing the blogs (Curbed LA) I read an interesting post about how The National Trust for Historic Preservation has launched a microsite chronicling the LGBT influence on America's neighborhoods and discusses the gay passion to preserve. The site acknowledges the contributions by LGBT preservationists and goes on to state the importance of maintaining historic places that have made an impact on our society. Such preservation keeps history alive. Of particular significance to the LGBT Community is The Stonewall Inn, "the small, undistinguished LGBT bar on Christopher Street ... where over the course of several nights, New York City police (5 comments)
In the June 24th ActiveRain Newsletter I was featured in "Member Spotlight". I'm not one who usually needs or wants awards, trophies or certificates - but this "recognition" felt great. I've been actively blogging on ActiveRain since April 2008 and during this time I've made some really great online friends. I've learned so much about Search Engine Optimization, "Google Juice", and have noticed a marked improvement in my writing style (not to mention more interesting topics to blog about). I've learned about towns I'd never heard of before and discovered things I never knew of. I've participated in many passionate (15 comments)
penn properties: I'm trying to talk to Joan Rivers ..... - 06/24/09 07:41 PM
Joan, can we talk .......?I’m an independent Real Estate Broker in Los Angeles and have been reading about one of my favorite stars selling up in NY and moving to LA.Now I’d imagine she either has, or has been referred to a Realtor in Los Angeles – but I’d love the opportunity of assisting her in finding a new property to call home.Maybe a luxurious new penthouse in Century City or a perhaps an ocean facing condo in Santa Monica?Whatever her choice, I’d like to represent her.Please check out my website: http://www.pennpropertiesla.comJoan, please call me ......Stewart PennStewart Penn Realtor®|Broker Penn Properties310.866.1818 (23 comments)
penn properties: Feds lend Tesla $465 million to build electric car - 06/24/09 04:34 PM
I've been following the news about the Tesla Electric Car - the start-up electric car manufacturer for which Daimler reportedly paid $50 Million to buy a 10% stake. Today I read on CNNMoney.com that the Fed is loaning Tesla $456 Million to build its electric car. "The Obama Administration will lend Tesla Motors $465 million to build an electric sedan and the battery packs needed to propel it. It's one of three loans totaling almost $8 billion that the Department of Energy awarded Tuesday to spur the development of fuel-efficient vehicles." This is great news for American entrepreneurs .... the most (7 comments)
penn properties: Joan Rivers Lists her Connecticut Home for $6.5 Million - 06/24/09 09:47 AM
When Joan Rivers decides to leave town, she really leaves town. Not only is she selling her $25 Million New York Penthouse, but she's not also listed her 5700 sq ft Connecticut Country Home for $6.5 Million. The property features a 4 Bed 4.5 Bath house, a caretaker's cottage, swimming pool and pool house and a pond. According to the celebrity Real Estate Blogger (The RealEstalker), "Property records and previous reports indicate Miz Rivers scooped up her multi-parcel estate in New Milford which totals more than 75 acres in December of 2000 for $1,438,400." Apparently Joan Is moving to the West (6 comments)
Last month I blogged about Tesla - the all-electric car manufacturer. I was impressed by their first mass-produced highway-capable electric vehicle, the Tesla Model S. Yesterday, Reuters reported as follows: Los Angeles (Reuters) - Electric car start-up Tesla Motors Inc. has slashed production costs for its flagship Roadster sports car by 43 percent to about $80,000 per vehicle as of June, its chief executive said on Monday. This is great news for this fledgling company that is pioneering mass produced electric cars. Additional good news was announced last month - German luxury car maker Daimler (Mercedes Benz) paid about $50 Million for a (11 comments)
penn properties: The Mayonnaise Jar and Your Life - 06/23/09 09:03 AM
Today I received an email with the story about The Mayonnaise Jar and Your Life. You may have read it before but I think it's worth reading again, and again! When things in your life seem almost too much to handle, when 24 Hours in a day is not enough, remember the mayonnaise jar and two cups of coffee. A professor stood before his philosophy class and had some items in front of him. When the class began, wordlessly, he picked up a very large and empty mayonnaise jar and proceeded to fill it with golf balls.He then asked the students, (12 comments)
Who knew Joan Rivers had a penthouse worth $25 Million? Apparently Joan Rivers bought the penthouse condo about 20 years ago and restored it to it's original opulent and grandiose splendor using museum-trained artisans. The 3-Bedroom 4-Bath home measures approximately 5000 sq ft. At the current List Price of $25 Million that works out to $5000 per sq ft. I was curious to see what this kind of money buys one in New York, apart from a view of Central Park. The penthouse features a dramatic 2-story Gallery, 23' high ceilings, parquet-de-Versailles flooring and original marble fireplace surrounds. There's also (10 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.