by Mark Rogo | Apr 21, 2020 | 2020 Blogs by Mark
Mr. COVID and Real Estate We are all seeing our “normal” change every day. (No, this is not another policy statement or restatement of the news). How does this ever-shifting “normal” translate into fundamental economic changes that are the cornerstones of our way of...
by Mark Rogo | Mar 27, 2020 | 2020 Blogs by Mark
Are we having fun yet? How about some fun numbers to put everything into perspective. 92,000 – Highest number of new unemployment claims filed since March of 2005 (Beacon Economics) 215,000 – Number of new unemployment claims filed week ending March 21st 2020 (Beacon...
by Mark Rogo | Feb 14, 2020 | 2020 Blogs by Mark
Our country is entering what promises to be a fascinating year. We are in an exciting election year, our country has a 60-year low rate of employment (although I question the quality of the employment), interest rates remain at historic lows, the tariff wars seem to...
by Mark Rogo | Nov 22, 2019 | 2019 Blogs by Mark Rogo
Lynn and I just rounded our 90th day as Compass agents. In that period of time we have closed nine escrows, five are in the hopper coming up on the market, three leases were finalized and two referrals. That was a rush of business at the same time we were tackling the...
by Mark Rogo | Sep 6, 2019 | 2019 Blogs by Mark Rogo
I’m back! Did you miss me? INTRODUCTION My inbox is full of data and information that I want to share with you, but I have to be brief. So let’s talk about our new home at Compass and what it has to offer, some data on a changing market and an introduction to...
by Mark Rogo | Apr 30, 2019 | 2019 Blogs by Mark Rogo
In a number of past blogs I’ve talked about the declining inventory and the artificial support of high values in the market. We’ve also talked about how it trickles through the entire westside. But real estate is a strange animal, and although my world is largely west...
by Mark Rogo | Mar 21, 2019 | 2019 Blogs by Mark Rogo
Rent Control, Discount Brokers and the $5.0 Million+ Market RENT CONTROL The voting citizens of California did the right thing; they defeated Proposition 10 which would have established a state mandate for forced rent control on all municipalities statewide. But the...
by Mark Rogo | Mar 4, 2019 | 2019 Blogs by Mark Rogo
Dear Friends, The New Year has started and is well on its way in real estate. With only two months under our wing, we have discovered three truths; (1) inventory remains at historic low figures but is slowly trending upwards nationally as more properties hit the...
by Mark Rogo | Jan 6, 2019 | 2019 Blogs by Mark Rogo
It’s the Economy! Yep, it sure is. The National Association of Realtors reports that the sharpest drop in three years in existing-homes just took place in November/December as the nationally annualized rate of 4.99 million homes fell an unexpected 6.9%. This is after...
by Mark Rogo | Nov 6, 2018 | 2018 Blogs by Mark Rogo
“Them Thar Rich Celebrities” Many of you know that I spent the first 25 years of my adult life as a used machinery dealer, working for my father in the family firm until I eventually bought the company. Life was different and my career was certainly different,...
by Mark Rogo | Oct 6, 2018 | 2018 Blogs by Mark Rogo
Dear Friends and Neighbors, It’s official; the market has turned and we are in a correction. It’s the topic I’ve mentioned numerous times and that everyone asks me about. Now it’s no longer a topic of conjecture but rather an item of fact. The U.S. economy is in an...
by Mark Rogo | Aug 6, 2018 | 2018 Blogs by Mark Rogo
Dear Friends and Neighbors, Real estate remained busy and active the first half of the year. No matter what happens in the rest of the country, real estate on the west side of Los Angeles remains lively, to say the least. August, however, seems to be quiet, and I get...
