by Greg Wasik | May 11, 2020 | Los Angeles Real Estate and Appraisal News
While the COVID-19 crisis has put the brakes hard on the real estate market, deals are still getting done especially with interest rates at all times lows. However, lenders are raising their standards for loan approvals which will lead to less approvals in the current...
by Greg Wasik | Jul 5, 2019 | Los Angeles Real Estate and Appraisal News
After an extended period of time where the maximum rent increase for rent controlled apartments has been 3%, starting July 2019 the increase will be 4% as the allowable increase is tied to inflation which has risen slightly recently. [Note – if your landlord...
by Greg Wasik | Jun 28, 2019 | Los Angeles Real Estate and Appraisal News
NBA All-Star Kevin Durant has just sold his beachfront home in Malibu for $12.15 million. He only had the house for one year purchasing it in 2018 for $12.05 million. The home contains 5,136 SF of space and features direct beach access. The multi-story home also...
by Greg Wasik | Jun 25, 2019 | Los Angeles Real Estate and Appraisal News
Continuing the recent development along Wilshire Boulevard in the Mid-Wilshire area comes news that the family of Walter N. Marks who owns the site currently development with a Staples, plans to demolish the single-story retail store and construct a $400 million high...
by Greg Wasik | May 14, 2019 | Los Angeles Real Estate and Appraisal News
Zillow has announced that its ‘Zillow Offers’ home buying service where they will make an offer to buy your home or condo, sight unseen, is expanding to the LA market. The makes for the largest metro area to date Zillow will offer this service. By using...
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