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Pacific Palisades, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Massive Price Reduction:  1552 Reseda Blvd Pacific Palisades CA 90272 this vacant lot is waiting for your offer!Directions : Sunset Blvd to Capri to Casale Rd. for closer direction please reach out to the listing agent for directions to the property since it is on a paper street.Remarks : Massive Price Reduction, owner is anxious to sell, please submit all offers. This land is one of the least expensive Land for sale in the Palisades under $200,000! Incredible opportunity to purchase and build your dream home in the exclusive Riviera neighborhood. This is a fantastic lot to hold and/or develop later. There are additional lots available for sale next to this one (please ask listing agent about them) There is access from Sunset Blvd since Reseda Blvd is a dedicated access all the way to t...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Directions : Sunset Blvd to Capri to Casale Rd. For closer direction please reach out to the listing agent for detailed directions to the property since it is on a paper streetRemarks : Huge price reduction, owner is anxious to sell, please submit all offers. This is the best priced land in the Pacific Palisades. Truly the least expensive vacant lot anywhere in the Palisades. Absolutely a great lot to hold or develop later. This is the only land under $200,000! Purchase and build your dream home in the exclusive Riviera neighborhood. There are additional lots available for sale next to this one (please reach out to the listing agent about them). There is access from Sunset Blvd, since Reseda Blvd is a dedicated access all the way to the property. Close to the Palisades village. Surround...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
 Best priced land or should I say the least expensive land in the Pacific Palisades. Truly the least expensive vacant lot anywhere in the Palisades. Absolutely a great lot to hold or develop later. This is the only land under $300,000! Purchase and build your dream home in the exclusive Riviera neighborhood. There are additional lots available for sale next to this one (please reach out to the listing agent about them). There is access from Sunset Blvd, since Reseda Blvd is a dedicated access all the way to the property. Close to the Palisades village. Surrounded by multimillion dollar properties, this vacant lot has tremendous potential. Come and enjoy this great location and all the best the Palisades has to offer. Wishing you a safe and healthy life and I look forward to your comment...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Just Listed: 1552 Reseda Blvd. Pacific Palisades, CA 90272This land is one of the least expensive lots in the Palisades. An incredible opportunity to purchase and build your dream home in the exclusive Riviera neighborhood. This lost is fantastic to hold and/or develop later. There are additional lots available for sale next to this one. Please reach out to me about them. There is access from Sunset Blvd, since Reseda Blvd is a dedicated access all the way to the property.Land is close to the Palisades village and is surrounded by multimillion dollar properties. This vacant lot has great potential. Come and enjoy this great location and all the best the Palisades has to offer. Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable...
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By Russell Dunn, Serving Greater LA
(Douglas Elliman)
How do we keep our buyers focused and positive among limited inventory, firm prices, and rising interest rates? I provide them with the realities of the past several years. Covid brought historically low rates to keep the economy going. People got used to them quickly and still think that 3% will come back. I tell them not to bank on it. Instead, I turn the conversation to inventory and what's likely to occur once rates stabilize and If they come down a bit.  "When" rates stop going up, and everyone gets used to wherever they land, then people who need to downsize or move into something larger will indeed still move. Buyers will come out of the woodwork, and prices will likely increase (at least in SoCal). I also help them understand the prequalification process before handing them off ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
This post was inspired by Patricia Feager, MBA, CRS, GRI,MRP  & Kathleen Daniels, Probate & Trust Specialist  hosting and Active Rain Challenge.While fences encroaching on neighbor's property can pose a need for concern, just how prevalent of a concern (or a problem) is this? In my experience, a small number of home sellers actually face this problem, and thus relatively few buyers need to deal with it. Over the past 27 years, I've encountered a total of 3 or 4 encroachment issues. They've generally entailed that a fence was not fully installed over the homeowner’s land, but rather it was partially placed on the neighboring land.  When neighbors get along and are reasonable, this is a non-issue and can be resolved amicably when and if the need arises.  Customarily, that need arises (and...
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By Marcus Anderson, Mortgage Broker & Agent | Westside Los Angeles, CA
(MortgageBrokerSantaMonica.com)
Luxury Homes for Sale in Pacific Palisades CASearch the newest Luxury Homes for Sale in Pacific Palisades CA & real estate listings. If you would like more information on any of these Luxury Homes Pacific Palisades CA real estate listings, just click on a property to access the full details. From there, you can request more information or schedule a tour. And we'd be happy to provide you with disclosures, past sales history, dates and prices of properties which have recently sold nearby, and more, so just let us know how we can help!And, for your convenience, feel free to register for a free account to receive email alerts whenever new Luxury Homes Pacific Palisades CA listings come on the market that match your specific criteria.To view Luxury Homes for Sale in Pacific Palisades CAUsef...
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By Marcus Anderson, Mortgage Broker & Agent | Westside Los Angeles, CA
(MortgageBrokerSantaMonica.com)
Pacific Palisades Luxury Homes for SaleSearch the newest Pacific Palisades Luxury Homes for Sale & real estate listings. If you would like more information on any of these Pacific Palisades Luxury real estate listings, just click on a property to access the full details. From there, you can request more information or schedule a tour. And we'd be happy to provide you with disclosures, past sales history, dates and prices of properties which have recently sold nearby, and more, so just let us know how we can help!And, for your convenience, feel free to register for a free account to receive email alerts whenever new Pacific Palisades Luxury listings come on the market that match your specific criteria.To view Pacific Palisades Luxury Homes for SaleUseful Links: Beverly Hills Houses for S...
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By Marcus Anderson, Mortgage Broker & Agent | Westside Los Angeles, CA
(MortgageBrokerSantaMonica.com)
Luxury Homes for Sale Pacific PalisadesSearch the newest Luxury Homes for Sale Pacific Palisades & real estate listings. If you would like more information on any of these Luxury Homes Pacific Palisades real estate listings, just click on a property to access the full details. From there, you can request more information or schedule a tour. And we'd be happy to provide you with disclosures, past sales history, dates and prices of properties which have recently sold nearby, and more, so just let us know how we can help!And, for your convenience, feel free to register for a free account to receive email alerts whenever new Luxury Homes Pacific Palisades listings come on the market that match your specific criteria.To view Luxury Homes for Sale Pacific PalisadesUseful Links: Beverly Hills ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Did you know that the first Nationally Televised Pickleball Championship was Hosted in Pacific Palisades?Now let’s be clear most of you like me would say well what is Pickleball? In all fairness thanks to our friend Ray Henson      I learned about Pickleball. Initially I thought it was a joke, that when you are “pickled” and play a sport. Well not really look at the small history of Pickleball below.Pickleball was invented in 1965 on Bainbridge Island, a short ferry ride from Seattle, Washington. Three dads – Joel Pritchard, Bill Bell, and Barney McCallum — whose kids were bored with their usual summertime activities — are credited for creating game. WHO KNEW?  Pickleball has evolved from original handmade equipment and simple rules into a popular sport throughout the US and Canada. The...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
The Pacific Palisades, CA Single Family Market Trends Report is published. It has been a while since I wrote about this market, so one of my clients called and asked why I have not written about it in a while. So with that said let's look at the Market:Not wanting to sound repetetive, but if you looked at my previous five market trends report tonight, you would notice there is one common trend. The number of homes on the market are paralleling 2016 when it comes to listed properties.The Days on market keep decreasing, that is also very simmilar to the other pockets of Los Angeles. Hence with that said I might go out on the limb and say that prices have increased. Now let's look at the real numbers instead of my guess: Well I am not surprised. If you are considering selling your home in ...
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By Laura Cerrano, Certified Feng Shui Expert, Speaker & Researcher
(Feng Shui Manhattan Long Island)
While in California during the month of June, I've been providing private Feng Shui consultations and workshops, I also made sure to save time to enjoy the great outdoors to hike. This time around, I swung by the Will Rogers State Historical Park in Pacific Palisades, CA. I prefer not to write too much about what I saw, and instead provide you with just a couple of photos because it really deserves your in-person presence. I will say this, the land was once occupied by the Gabrielino/Tongva Nation until the 1800s due to colonization from Spain. Over the years this area remained untouched until the early 20th century, when Hollywood Actor, Will Roger's family called this 200-acre ranch home for about 24 years. After Mr. Rogers passing, his widow, Betty Rogers, deeded the ranch and its la...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Why is the Pacific Palisades, CA Real Estate Market so hot? The answer is so easy you have a small town feel to it. Can walk around to the restaurants and boutiques and are of course near the Pacific Ocean. Unlike Malibu from the Palisades to go to Beverly Hills is not a communute it is a skip hop.Most importantly it is far enough away to be almost suburb of Los Angeles. Hence if you are one of the ones who have to go to work and can not work remotely Pacifi Palisades is your home.Now with that said let's look at the Market statistics: Clearly the prices are an idication of the desirability of living in Pacific Palisades.As you can see it is still a very fast market when the median home is around $2.7million plus and the median days on market is 20 days. This is clearly a seller's marke...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Speechless Sundays: a drive home from Malibu....   If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at me at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com.  I am a pet friendly realtor and I contribute a portion of my commission to local animal rescue organizations.
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
  I enjoy visiting the Lake Shrine (The Self-Realization Fellowship Lake Shrine). It is a breathtaking place to come to relax, regain focus, clear the mind, and lift the spirit. The lake and grounds are beautiful and serene. But I particularly love watching these two white swans swimming in harmony and peace...       If you have a chance, I truly encourage you to come and experience this gorgeous sanctuary.   With an eye made quiet by the power of harmony, and the deep power of joy, we see into the life of things. ~ William Wordsworth  
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By Robert Schmalz, Cal. Lic Broker
(West Los Angeles Real Estate Group)
  CONTACT ME AT 310.505.5571 IF YOU ARE INTERESTED IN THIS PROPERTY , IT IS ACTIVE AT THE TIME OF THIS POSTING   PACIFIC PALISADES SINGLE FAMILY RESIDENCE4 BEDROOMS / 4 BATHS / 2957 SQ FT / 7665 SQ FT LOTOVER $300,000.00 PRICE REDUCTIONLIST PRICE $1,888,000   Nestled in an eucalyptus forest facing a natural stream creek yet minutes from the village, stands a mid-century architectural beauty designed by world renowned architect and champion surfer Matt Kivlin. Filled with natural light, Ultra modern and sleek yet very warm, this home offers 4 bedroom and 4 showroom baths, decks on each level, designer kitchen with Miele and Sub-Zero appliances, dual exposed FP defining the space between living room and formal DR, office space , Art studio plus an in-law apartment with its own kitchen, ba...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
  Pacific Palisades: Sold Statistics for the month of October, 2013    One of my clients saw the report I did for the Sold homes in Beverly Hills he asked me to do the same type of report for Pacific Palisades; needless to say once I did it I thought I should share it here on this platformJ.     Pacific Palisades Single Family Home SalesOctober 2013       Total Sold Dollar Volume: $ 67,945,103 Average Selling Price: $ 2,831,045 Average List Price: $ 2,789,333 Avg Sales Price/Avg. List Price: 101.5% Median Price: $ 2,577,302 Average Days on Market: 76 Number of Listings Sold: 24    Sold Listings:   1. 17071 BOLLINGER DR $ 1,450,000 2. 1226 MONUMENT ST $ 1,472,500 3. 1466 PASEO DE ORO $ 1,510,000 4. 16432 AKRON ST $ 1,550,000 5. 18118 KINGSPORT DR $ 1,550,000 6. 1018 GALLOWAY ST $ 1,560,0...
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By Jim and Elizabeth Stein
(TeamStein.com at KellerWilliams-Pacific Palisades)
Fed Lays Out Plan to Taper It began as a decent week for mortgage rates. Ahead of Wednesday’s highly anticipated Fed meeting, mortgage rates were a little lower on a week-over-week basis, as reflected in the weekly survey from Freddie Mac. Investors, however, pushed rates significantly higher after the Fed statement and press conference.   The Fed’s massive bond buying program has greatly increased the demand for mortgage-backed securities (MBS). Since mortgage rates are mostly determined by MBS prices, the added demand for MBS has been a major factor in the decline in mortgage rates to historically low levels. Wednesday’s Fed statement and follow-up comments from Bernanke provided the clearest signal yet that the extra demand from the Fed will soon begin to shrink. The Fed’s forecast ...
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By Jim and Elizabeth Stein
(TeamStein.com at KellerWilliams-Pacific Palisades)
Mortgage Rates Soar to 4.46% Rising interest rates have hit mortgages big time. Rates on 30-year, fixed-rate home loans spiked 0.53 percentage points to an average of 4.46% this week — the largest weekly increase in more than 26 years, according to mortgage giant Freddie Mac.  The 30-year loan, which stood at 3.35% as recently as early May, is at its highest level since July 2011.  Rates for 15-year loans, popular with homeowners refinancing their mortgages, jumped 0.46 percentage points to 3.5%. An extra percentage point will cost homebuyers with 30-year, fixed-rate mortgages $56 more a month for every $100,000 they borrow.  If sustained, the rate increase will take some of the steam out of the housing market. The sudden jump in rates is driven by uncertainty over whether the Federal R...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
How is the West Los Angeles Flip & Fix Market? The Answer is:  It is hot & it is fast!   Life in a day of a Realtor representing Investors in the Greater Los Angeles Real Estate Market!   In case you have not heard Investors are out in droves in the West Los Angeles area. I have been knee deep in trying to get investment properties for my clients. The only propeties that make financial sense are the homes that you can buy and either tear down or somehow do an addition.   We have been writing  ‘All Cash Offers’  with virtually no contingencies with offers that were more than fair for the condition or the location and we still kept missing out. Some offers were $20,000 more than what we offered. Other times the Listing Agent stated that they received 15 offers and ours was $25,000 below t...
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Pacific Palisades, CA Real Estate Professionals