ARCHIVED BLOG POSTS

2010 

Market Observations -Week of June 28, 2010 I have noticed that the Mortgage rates have dropped probably to the lowest level in decades last week and the affordability of homes is now very favorable for buyers. The cause of this drop in the Mortgage rates is due to the uncertainty of the extent of...
06/29/2010
The Blue Water Grill, Redondo Beach CA, is a must visit eating destination for seafood lovers.  Those of you, who know me,  Diane and I live in Marina Del Rey, CA and love seafood. As an east coast transplant, going on too many years to remember (14+) Diane and I love to eat seafood, and it is ou...
06/21/2010
Century City Condominium Market Report for May 2010. As we look at the snapshot from May1st 2010 to May 31st, 2010, we will notice that there were 277 Condominiums on the market for sale. This is an increase of approximately 9% from the previous month. I find this very beneficial; it will allow b...
06/12/2010
The bank forecloses on your home and then files a lawsuit against you. How is this possible?  I was reading in RISMEDIA on June 8, 2010, about a home seller who has sold his home in a short sale. He sold it for approximately $200,000.00 less than the first and second mortgage he owed on the prope...
06/12/2010
Le Belvedere Sold! How exiting, this home was built for spec. The owner's intention was to build and make a profit. Originally this property was listed for $85,000,000.00 February 2009, then due to lack of activity reduced to $72,000,000.00 and now it has an owner. Many people are just amazed at ...
06/12/2010
Marina Del Rey Condominium Market Report May 2010 There are some interesting developments in the Marina Del Rey, CA Condominium activities. First there are 155 Active listings for the period of May 1st, 2010 to May 31st, 2010 this is about an 8.6 per cent increase of the inventory from the previo...
06/11/2010
Changes are coming to FHA loans (Federal Housing Administration Loans).Let me ask you:  Do you think it would be wise for Home buyers to use the FHA loans? Congress is expected to approve House Resolution 5072 or better known as the FHA Reform Act of 2010. Many lenders of the mortgage finance ind...
06/11/2010
What were you doing at 2:17am this morning? I had a tremendous head ache after the Lakers-Celtics game and I was lying in bed awake. I am one of those armchair coaches who amerces himself totally into the game, and boy this was a stressful game. Next thing I know is, the bad shaking, it was a sma...
06/07/2010
Playa Vista Condominium Market Report for May 2010. As I promised I would be timelier this month with the report. Here you go. The numbers are quite interesting. There were 33 Active listings on the market for the period of May 1, 2010 to May 31, 2010. Pending and Accepting Backup Offers totaled ...
06/06/2010
The question is should I wait for Prices to drop? What if rates go up? As a Southern California Realtor I monitor the Real Estate Market very closely as well as the economic indicators. I feel like I should  just scream, when I hear Respected  Economists,  members of the Federal Reserve Board and...
06/05/2010
Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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