My Take on Westwood Neighborhoods

The community of Westwood is a small suburban neighborhood on the west side of Los Angeles, nestled in between Bel Air, Beverly Hills and Brentwood. Long considered the poor step child of these three hugely affluent communities, it still remains one of the most sought...

Pocket Listings Today

The real estate market has become so tight, that “pocket” listings are again appearing as a viable option for Buyers. They gained their name from the practice many years ago of unscrupulous agents who would take a signed listing agreement and metaphorically stick it...

Happy New Year and My 2015 Prediction

The year 2014 is under our belt, and the year 2015 is well underway, promising to be another brutal year on Buyers and stellular year for the Sellers. Numbers are in and the story is the same; Sellers got richer, prices went higher, Days on Market shortened and $/sq...

Part 2 Income Properties: The numbers

Last month we look at the overall concept of investing in income properties. Today we are going to examine actual data and look at the three approaches I use to evaluate the potential value of an income property. I decided to run some figures and quantify in numbers...

Let’s Talk Baseball!

Let’s skip talk on real estate. Instead, I have a much more pressing issue that goes to the heart of what we stand for, what we believe in, how we live our lives and if we’ll be alive to see the New Year. Of course, I’m talking about major league baseball. Most of you...

First Quarter for 2014

  The first quarter statistics for 2014 from The MLS continue to verify something we already know; it’s still a strong Seller’s market, the Buyers have fewer choices from a lower level of listings, and the trend will continue but not at this pace. The Wilshire...

The Gap is Widening

There continues to be a distinct and aggressive trend in western societies for the rich to get richer, and the middle class to stagnate. President Obama talked about this in his recent State of the Union Address when he stated, “Today, after four years of...

2014 A Time to Act

If you have been thinking about selling your home, your timing is impeccable. But if you’re one of the many people who have been timing the market, trying to make that perfect plunge at the perfect moment, then I’m sure you have figured out by now that you...

Investments and Assets

Real estate as both an investment and a personal asset continues to be very attractive. However, some of the economic data flowing in from Washington indicate this window is closing. For example, renters nationwide are paying a higher percentage of their net after tax...

Market Recap for October

Have you felt a change in the Universe? Do you sense a change in the attitudes of the people around you?  You’re not alone.  Since September, the market has changed, losing its momentum and energy, and instead flattening out to a quiet non-performing sort of market....

New Listing! Modern Masterpiece

Offered at  $1,520,000 Unit 411 in The Park Wilshire This 2 bed, 2 ½ bath condo at the full service Park Wilshire delivers it all! No stone left unturned, in this state of the art 2,345 square foot home. Dramatic entry, open and bright with amazing views away from...

Market Recap By Mark Rogo

These past twelve months have seen historic lows in interest rates, coupled with 14-year lows in inventory, to generate an upsurge in property values not seen in many decades.  Yes despite these reports that appear in the newspapers, a careful analysis of high-end...

March Newsletter

Within twelve short months the real estate market has done a complete turn around. Without question this is the best time to sell a home in the last 5 years! Here’s a couple things to think about. You might be very surprised at what a buyer will pay in today’s market....

Home Sales Jump in November

The housing market continued to show signs of improvement in November, with existing home sales at their highest level in three years, the National Association of Realtors reported Thursday.The inventory of homes for sale also shrank further, to a 4.8-month supply in...

After the Great Recession

For five years I have predicted a severe housing shortage at the end of the Great Recession, and now it’s beginning to come true.  Buyers are experiencing tremendous frustration over the limited inventory currently on the market, thus forcing prices higher. Americans...

Available for Lease Call For Details

  Available for lease call us for details.  213.280.6415 • 10560 Wilshire Blvd, Unit 601, $5,700/month, 2 Bedrooms + 2.5 Bathrooms, two balconies, stunning evening views and in move-in condition.         • 1142 San Ysidro Drive, $12,500/month,...

Market Analysis For Sept

“Recent changes in the housing market on a national scale have translated to even better news for us on the Westside. While the country’s nine month inventory  of July 2011 has dropped to six month this past July, that can only be recast into tighter terms for the...

New Unit in The Wilshire 9NE

Direct access elevator to this stunning 2 bd, 2.5 ba + den! The quality of every item in this unit is not to be believed! A must see. Pack your suitcase & just move in! Enter into the mosaic tiled foyer thru oversized glass doors, welcoming you to the spacious...

Holmby Hills Wants into Beverly Hills

Holmby Hills resident William Fleischman is leading a crusade to move his neighborhood from Los Angeles to Beverly Hills. The reason for the municipal apostasy? Potholes. According to the LA Times, Fleischman approached the Beverly Hills City Council earlier this...

We Have Been Very Busy!

  The market has roared back with a vengeance.  Historically insanely low interest rates coupled with pent-up demand and a dwindling inventory on the marketplace have all combined to heat up the Westside real estate residential market. Two or three years from...

905 North Camden Drive

 In Beautiful Beverly Hills,  with 7 bedrooms, 5.5 bathrooms, over 31,000 sq ft of flat property with over 6,500 sq ft of architectural beauty in a home that includes a giant Ballroom, full sized swimming pool, guest house, three car garage¸spacious grounds, on three...

Before 2011 Comes to A Close…

According to the LA Times, California real estate sales increased this November in comparison to 2010, up 4%.  The positive news is, however, just a small piece of the picture. The median home price is down about 4.3% from last year. What’s important to note is that...

A Lot to Be Thankful For

Since we are coming up on the holiday, I wanted to take a moment to reflect on how much Lynn and I have to be thankful for in our lives. First of all, our health. Even though we could always be eating better, moving faster, getting thinner…we are so blessed to...

Market Insight: The Housing Rebound

I’ve been doing a bit of research to justify my strong theories about this being the time to buy – and I found it in a report from JPMorgan. Top strategists in their Funds group believe that, despite the remaining economic troubles left over from 2007, investment...

Is it the bottom yet?

Several people have been asking me, “Mark, when is the time to buy? Is it the bottom of the market yet?” My answer? The bottom has come and gone. The real estate market was dead quiet for the majority of 2010. There was a scary silence in the air, and just when I was...

Now THIS is a listing to brag about!

Welcome to simply the most beautiful, cool, most hip, yet  sophisticated, completely renovated unit at The Wilshire House. With interiors  designed by Tod Carson, this luxury unit is built to impress.  North east jetliner vus are easy to appreciate thru floor to...

Baruchas

A number of our listings this past year have had true dramatic stories behind them, including people who have had unexpected financial stresses which have put them in the unfavorable position of selling their property. It’s unclear what the upcoming year will...