Happy New Year 2017! Ready or Not it is a New Year...

By
Real Estate Agent with Berkshire Hathaway HomeServices 01238708
http://activerain.com/droplet/4YsK

www.endrebarath.com

Happy New Year 2017! Ready or Not it is a New Year, time to move forward. All the surveys and media outlets indicate that there is a sense of relief and optimism towards the economy, real estate and the list goes on and this is based on input by our fellow countrymen.

 I love unbridled optimism. It does not matter if it is based on facts or not, the benefits are always positive as they trickle into local communities. Everyone truly benefits, instead of being bombarded with all the bad news, there is positivity (which is such a rare message from the Media).

I for one was so tired of all the negativity on all platforms in 2016 (with the exception of Active Rain), hence I am looking forward to a positive 2017 fresh with optimism to fill my brain. This in turn will inoculate me from the potentially negative messages which will surely come during the year.

So, with that said let’s look at the FUTURE AHEAD in 2017. Since I am a Beverly Hills Realtor I look just about everything from a local Real Estate Perspective.

  •         There will be a strong influx from high net worth individuals who will ‘park’ their money into ultra-luxury real estate in the Mega Mansions of Beverly Hills and vicinity.
  •         Commercial Real Estate Developers will be going full speed ahead to get some new building on line in the downtown Los Angeles as well as Century City all the way to the Pacific Ocean to Santa Monica.
  •         New Construction Luxury Condominiums will easy the shortage of Condominium inventory from Downtown Los Angeles to Pacific Palisades.
  •         There will be an increase of small developers stepping into the land buying and new home building market from Malibu to Mt. Washington. This is well needed and overdue to ease the shortage of new home construction in the Hollywood Hills.
  •         First time home buyers who have been sitting out the market will step in because of fears of higher interest rates of loans as well as price increases of Single Family as well as Condominiums in the greater Los Angeles area.
  •         This increase of first time home buyers as well as banking loosening of funds will allow the upward buyers to purchase homes. Since they had to wait for the past couple years to move up as well.
  •         All these factors will also help the local economy and Restaurants and all the ancillary business will benefit as well.

So, overall I anticipate a continuation of a strong Real Estate market with more buyers stepping into Real Estate home ownership compared to 2016 to 2017. Hence Real Estate activity will be stronger in all aspects.

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 at310.486.1002 (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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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Praful Thakkar 01/19/2017 08:29 PM
Topic:
Real Estate General Information
Location:
California Los Angeles County Beverly Hills
Groups:
Everything California
All Real Estate - Today and Tomorrow
Bananatude
ActiveRain Contests
ActiveRain MasterMinds
Tags:
endre barath
endre barath beverly hills luxury realtor
2017 predictions

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Rainmaker
2,678,100
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Joni Bailey  with such energy I am confident 2017 will be your best year!

Jan 01, 2017 04:18 PM #20
Rainmaker
3,233,785
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Endre

Your right . . . . 2017 is here like it . . . . or not . . . . We have to make the best of it.

Good luck and success.

Lou Ludwig

Jan 01, 2017 05:45 PM #21
Rainmaker
2,678,100
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Kathleen Daniels  you and me both Happy 2017, Endre

Jan 01, 2017 05:45 PM #22
Rainmaker
2,678,100
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Lou Ludwig  love your message, Happy New Year and wishing you all the best for 2017!, Endre

Jan 01, 2017 05:55 PM #23
Rainer
254,622
Kim Gaston
FRONT PORCH TEAM REAL ESTATE & PROPERTY STYLING - Brokerage, Colorado Real Estate Advisers LLC - Colorado Springs, CO
Colorado Springs REALTOR®, CNE (719)661-6987

Endre Barath, Jr. I'm predicting your predicitions are spot on. May you have a happy, healthy & prosperous New Year!

Jan 01, 2017 06:10 PM #24
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Endre I like your crystal ball!!!

Have a fantastic 2017 my California friend!!!

Jan 01, 2017 06:44 PM #25
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Endre Barath, Jr. - I LOVE your unbridled optimism!  With so many negative ninnys in the major news outlets these days, it's totally refreshing!  What drives me crazy about them is that they don't have their fingers on the pulse of OUR market...we DO!  

Great predictions!  I hope the New Year brings you your best YET - and that all of your predictions come to fruition!

Jan 01, 2017 08:52 PM #26
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams fox cities - Stevens Point, WI
Forestland Experts! 715-204-9671

May God Bless You with Great People, Health, Prosperity, and Experiences in the New Year!! 

Bob

Jan 01, 2017 09:34 PM #27
Rainmaker
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Hella Mitschke Rothwell
(831) 626-4000 - Honolulu, HI
Hawaii & California Real Estate Broker

Endre, I have the same optimism for Hawaii. It's unbelievable how much vertical construction (luxury high rises) are going up here in Honolulu. The town is full of visitors from all around the country and the world.

Jan 02, 2017 08:56 AM #28
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I feel good just reading your predictions and if even half come true it will be a fantastic year. Thanks Endre.

Jan 02, 2017 01:29 PM #29
Rainmaker
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Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

Glad to read you're on a high note. Yes, here's to successful New Year!

Jan 03, 2017 02:40 AM #30
Rainmaker
2,678,100
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Kim Gaston  glad we both are on the same wave length, Endre

Jan 04, 2017 11:20 PM #31
Rainmaker
2,678,100
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

George Souto  you as well to a superb 2017!, Endre

Jan 04, 2017 11:20 PM #32
Rainmaker
2,678,100
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Debe Maxwell  as we have been in touch in the past few months it is clear we are on the same page, Endre

Jan 04, 2017 11:21 PM #33
Rainmaker
2,678,100
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Bob Crane  I can use all the help, I keep telling Diane to put in a good word when she goes to church:) Endre

Jan 04, 2017 11:22 PM #34
Rainmaker
2,678,100
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Hella Mitschke Rothwell  it is in all the major markets, Endre

Jan 04, 2017 11:23 PM #35
Rainmaker
2,678,100
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Debbie Reynolds  your comment made me laugh:))Endre

Jan 04, 2017 11:24 PM #36
Rainmaker
2,678,100
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400  I have always been positive:)) Happy New Year and may it be your best year ever, Endre

Jan 07, 2017 12:16 AM #37
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Michelle Carr-Crowe-Top 1% Diamond Certified Real Estate Team Sells Cupertino San Jose Homes-Just Call 408-252-8900
Get Results Team...Just Call (408) 252-8900! - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Thanks to colleague Praful's re-blog, I read ENDRE BARATH, JR.'s 2017 predictions.

Jan 19, 2017 10:58 PM #38
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Thats what I like a positive thinker Endre Barath, Jr.  what a pleasure to read your 2017 prediction

Feb 03, 2017 05:32 PM #39
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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