Closing Thoughts on 2010

“Year 2010 is about to close and not all of the stats are in. But this is interesting. In 90024 for homes (only), 65 were sold in 2009 and 62 in 2010, with only a slight increase of 3.83% in the size of the house. The two years show a flat sales chart. There is more....

Do the Math

The last week in November is an important one in real estate, particularly in the luxury high rise condo market. It’s just before the Holidays when everything grinds to a halt, and can indicate if any Pent-up demand will explode in January with new inventory. The past...

The Wilshire Corridor is Alive and Well

The Wilshire Corridor is alive and well.  We put #1202 in the Blair House along with #1906 at The Mirabella into escrow last week and have seen our activity pickup substantially since the election.  (listed at $895,000 and $1,395,000 respectively).  Both properties,...