The Beverly Hills Real Estate blog Wednesday 7-15-09
Good morning, it was actually cool this morning in the Hollywood Hills but… Sunny with some clouds. 70’s at the beaches, 80’s downtown and again near 100 in the inland areas. Welcome to the blog.
Stocks rose sharply this morning as Intel Corp's solid quarterly results and outlook reinforced hopes for an economic recovery and a rebound in technology spending.
Regional U.S. economic data boosted the positive sentiment, with the New York Fed's Empire State index for July showing business conditions in that state at their strongest since April 2008. We may be on our way!
You might be interested to know that properties in escrow from June last year to June this year are up 62 percent. That’s the good news. What’s the bad news? It’s Good/Bad. The number of licensed agents that are actually making money is down. Back in the day when everyone was making money in real estate there was a surge in licensees… Now those new agents are dropping out of sight. The experienced agents are surviving… It’s survival of the fittest out there.
We service the following areas: Los Angeles including Westside, Santa Monica, Pacific Palisades, Brentwood, Malibu, Marina Del Rey, Venice, Mar Vista, Palms, Culver City, Century City, Beach Cities, West Hollywood, West Los Angeles, Beverly Hills, Bel Air, Playa Del Rey, Playa Vista and beyond. . .
Let us help you relocate to a new home or property in Beverly Hills, Hollywood Hills, Sunset Strip, Los Feliz and Hancock Park as well as the Los Angeles County areas. We can direct you to a church or synagogue, a hotel, local news, maps, city info, city statistics, and more - everything you need to become familiar with any of these beautiful areas.
That’s it on our end. See you tomorrow and have a great day!
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