It’s an Election Year…

My Friends, It’s an election year, a time when most Americans are concerned about the direction of the country and prefer to put off major decisions until after the election, such as buying or selling a home. It is in our nature to protect our biggest asset during...

A Banner Year

This past year was another banner year for real estate, the agents and the investors. While most of the country wallowed in indecision, there was no such animal around when it came to west side real estate.  Beverly Hills to the ocean once again proved to be an...

Looking to 2016

It’s that time of year for reflection and to count our blessings. Best of all, it’s the perfect time to look forward with optimism to 2016, a year promising all of the normal entertainment associated with a presidential campaign year. Our year in real estate is over,...

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...