As the year is coming to a close, we need to reflect of what is going on currently in the Real Estate market in Southern California.   Looking at the current state, price of homes are down anywhere from 20% to 45% depending which Micro Market area you are looking at compared to 2007 prices.  As...
 I was reading, recently in one of my internet browsing, that the GSE's are considering allowing some borrower to refinance without the use of an updated appraisal. WOW, that has scared the daylights out of me.  So if you do not know what a GSE is let me explain. They are a hybrid form of a Corpo...
As I was reading today's LA Times (business section  dated December 18,2008) I was just amazed at the brilliant move of Real Estate developer Michael Rosenfeld.  The RE Market is in a downturn and more then likely at the bottom, he in turn is Planning to demolish the Century Plaza Hotel and devel...
As the land buying and selling community knows, I am one of the Top Land Listing & Selling Realtors in the greater Los Angeles area. Not trying brag, just stating facts. I have sold more vacant land from Mt. Washington to Malibu then any other Realtor in the past twelve year's period.  Selling La...
As I was reading the LA time Sunday Business Section/Real Estate Section. One question was raised in the Ask the Inspector section C (Dec 7th,'08) as to what are the qualification to find a Superior Home Inspector?  Overall the "answer man" gave a ‘poor' response. Not a "great answer".  He went o...
The housing slump hurts more than just people.  Animals suffer from the housing market downturn and current economic times too. If you happened to read the LA Times on Saturday, December 6, 2008, the Home Section (Section F) was entitled The Pet Issue.  On the front page of Section F was a pictur...
 I have been talking to many prospective buyers in the past few months. There is a common question that keeps appearing:  Is it a Great Time to buy a home? The hidden question is "when". The Answer is easy: Now is a Great Time to buy a home.  The way the current real estate market is, i.e.:  larg...
When you say "Culver City" what comes to mind? Some people connect it with the home of Sony Pictures, the Studio. Culver City calls itself "The heart of Screenland" with good reason.  How did this happen? Well, we can thank this to the Ballona Creek, Thomas Ince and Harry Culver. Harry Culver saw...
I hope everyone has enjoyed a wonderful Thanksgivings weekend. Mine was great as well, hence the delay of this important report.  This reporting period covers the Condominiums which sold from October 28th 2008 to November 28th,2008. The Pending (in Escrow) as well as the Back - Up (in Escrow cont...

Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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