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...

The Economic State of Real Estate.

But how about the state of our real estate economy? The old saying says, “beware of wishing to live in interesting times. You may get your wish.”  Well, we are living in interesting times, for sure. Stubborn high unemployment, persistent housing foreclosures and...

A Very Sexy House

“Major price reduction in Westwood. Our listing at 1021 Manning Avenue will be reduced by $200,000 to $3,195,000 shortly, giving it the designation of “best value” in Little Holmby. New construction and built for a professional couple, this home boasts all of the...

Another One in The Blair House!

Our third listing in The Blair House, one of the premier luxury condo buildings on the famed Wilshire Corridor. It is unit 1406, designed for open architecture and style, includes two bedrooms and a den, with approx 2,800 sq ft of living space plus two balconies....

875 Comstock -Our Newest Property

Newest launch – the Penthouse “C” in the 875 Comstock bldg. On the SW corner, it overlooks LA Country Club, Century City and Wilshire Blvd. Impeccably decorated and maintained in excellent condition, this unit offers multiple benefits of high rise views, spacious...

New Properties Coming Up

We have a wide assortment of properties coming up for sale in the next few weeks.  Penthouse “C” in 875 Comstock Avenue, 2220 Avenue of the Stars unit #1101, 10556 Strathmore Avenue in Little Holmby, 10490 Wilshire (Blair House) Unit 1205, and 1333 So Beverly Glen...

Interesting Phase In Real Estate Market

The market has entered an interesting phase; mass confusion and chaos. It doesn’t have a leader or a sense of direction, so offers and prices are all over the place. Example; unit 1906 at The Mirabella closed at $1.2M in original condition. Yet similar size unit on...

New Single Family Listings

NEW LISTINGS IN LITTLE HOLMBY 920 Westholme – 5BR + 3.5BA, newly rebuilt mid-century Modern, pool $2,495,000 or $8,900/month For more details please visit http://www.920westholme.com Open House April 10th 809 Malcolm Ave – 4BR + 3.5BA, stunning with outdoor spa water...

At the End of the First Quarter

Here we are at the end of the 1st Qtr on the Wilshire Corridor, and the numbers aren’t good. Of the 11 buildings that I track at www.wilshirecorridor.com <http://www.wilshirecorridor.com>  only 12 units were sold, amount to $20.612M and averaging $1.718M, or...

Have Homes Reached Their Bottom?

Homes seemed to have reached their bottom in the first quarter of 2010, and have been skidding along the bottom since, while showing healthy activity and interest.  In fact, take a look at these statistics in the 1st quarter of 2010 v. 2011 in 90024 (according to MLS...

Wilshire Corridor- The Good News

Wilshire Corridor – The good news? Eight condos went into escrow in January, compared to ZERO for January of 2010. The bad news? None of them in the higher-end “A” buildings along the Wilshire Corridor. The condo market is back, but it’s starting on the lower...

10550 Wilshire Blvd. Penthouse North

 After two weeks on the market, we are in escrow on 10550 Wilshire Blvd Penthouse North. This fabulous 5,500 sq ft two story penthouse caught the eye of numerous Buyers. We are in contract with a Buyer for $2,426,000 subject to court confirmation and overbid. The...