There is a new listing at Park Place Century City, 2142 Century Park Lane. This is a 2 bed 2 bath, 1, 580 sq. ft. unit for $749,900. HOA dues are $864 per month. Park Place has had 4 sales over the past 3 months, for a median price of $720,000. Days on the market were 35 and sales to list pri
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09/17/2010
This report covers the first two weeks of September. The Westwood Los Angeles real estate market is chugging along in the under $2 million category. Three homes and 6 condos sold in that price range. Westwood Los Angeles homes under $2 million are doing better than condos in the same. Average
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09/16/2010
I just caught the announcement of this great new safety app on AgentGenius. Mymoby.com on your cellphone allows you to alert your chosen contacts and emergency services of an emergency with the push of a button.You can even schedule moby to ask you if you are okay and if you don't respond your co
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09/15/2010
Santa Monica Glow All Night Arts Festival will take place on September 25th from 7:00 p.m. to 3:00 a.m. This is the second annual festival and will be a spectacular evening of light installations, art shows and exhibits. Concentrated along the beach the pier and Palisades Park local and interna
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09/14/2010
Another funny, well-written blog by Leslie. We will can now prepare our answers according to who is asking "how's the market". I am off to put together mine."How's the Market?" must be the most loaded question in real estate. Alternatively I hear it as (1) a taunt from those who think Realtors a
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09/14/2010
The Diplomat, at the east end of the Wilshire Corridor has a new listing. This is a 2 bed 2.5 bath, 2,045 sq. ft. penthouse unit for $950,000. The HOA dues are $1,863 per month. Each room offers spectacular views. The Diplomat is a full service building with 24 hour concierge, valet, pool, sa
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09/13/2010
Ruth provides an interesting argument for buyers to step into the market now while interest rates are so low and not wait for the slim possibility of new tax credits.Mortgage Rate Indicators for Denver If you are thinking about buying a home, but holding off to see if the government is going to
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09/13/2010
I was going to answer Donne Knudsen's post asking why realtors take overpriced listings. But my answer in defense was way too long for a comment. So here goes, Donne. None of us choose to take overpriced listings. All my listings have been overpriced. Everyone of them. I didn't ask the selle
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09/11/2010
Wilshire Terrace on the Wilshire Corridor has a unit back on the market. This is a 2 bed 2.5 bath, 2,259 sq. ft. unit for $1,295,000. The HOA dues are $1,982.50 per month. The unit has been upgraded. The unit was originally on the market at $2,495,000.The Wilshire Terrace is one of the few co
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09/11/2010
I read a horror story in the Los Angeles Times today about a Long Beach couple opening the door one day to the new owner of their home. This while still negotiating a loan modification.They had purchased an interest only on a $300,000 home in 2004. The payments soon rose to $3,000 per month. T
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09/10/2010