by Greg Wasik | May 15, 2017 | Los Angeles Real Estate and Appraisal News
…Homeowners are moving less, creating a drag on the economy, fewer commissions for real estate brokers and a brutally competitive market for first-time home shoppers who cannot find much for sale and are likely to be disappointed during real estate’s spring...
by Greg Wasik | May 6, 2017 | Los Angeles Real Estate and Appraisal News
…A luxury real estate developer in LA has just released a risque video to coincide with a $100 million listing hitting the market Thursday. Can sexy women in masks covered in gold body paint help sell one of the most expensive mansions in Beverly Hills,...
by Greg Wasik | Apr 28, 2017 | Los Angeles Real Estate and Appraisal News
The spring home buying market is busy this year and prices are rising, a result of too little supply and too much demand. ..bidding wars are common and prices are rising during the popular spring buying season. A report out Tuesday from CoreLogic shows the Southern...
by Greg Wasik | Apr 20, 2017 | Los Angeles Real Estate and Appraisal News
Los Angeles lawmakers voted Wednesday to stiffen city rules surrounding the demolition of rent-controlled apartments. But business groups have challenged whether the plan is fair — and whether it will stand up in court. Under a California law called the Ellis Act,...
by Greg Wasik | Mar 22, 2017 | Los Angeles Real Estate and Appraisal News
Southern California home prices jumped in February, posting the largest increase in more than a year, as buyers rushed to outbid one another for a meager selection of homes for sale. The six-county region’s median price for new and resale homes hit $460,000 last...
by Greg Wasik | Feb 24, 2017 | Los Angeles Real Estate and Appraisal News
…The high-end market may have been slow to develop in 2016, but it is already off to a brisk start this year. L.A. County has seen eight sales of $20 million or more through the first six weeks of 2017. Among them are two properties in Bel-Air that recently...
by Greg Wasik | Feb 2, 2017 | Los Angeles Real Estate and Appraisal News
The free breakfast buffet served daily to owners of the Ritz-Carlton Residences at L.A. Live includes scrambled eggs, bacon, French toast, fresh fruit and expansive 28th-floor views. The complimentary meal is an unprecedented perk in the competitive landscape of...
by Greg Wasik | Feb 2, 2017 | Los Angeles Real Estate and Appraisal News
When Paul Allen paid $41 million for the Redbury Hotel in Hollywood last June, people wondered what he was up to. The co-founder of Microsoft is not known as a hotelier. Allen’s plan is now clear — the Redbury will be turned into a club for entrepreneurs similar to a...
by Greg Wasik | Jan 18, 2017 | Los Angeles Real Estate and Appraisal News
…Los Angeles is now home to the most expensive house for sale in the country: a $250-million mega-mansion. It’s got four levels, 38,000 square feet of interiors, 12 bedrooms, 21 bathrooms, three kitchens, an infinity pool with a swim-up bar, a bowling alley, a...
by Greg Wasik | Dec 29, 2016 | Los Angeles Real Estate and Appraisal News
Luxury real estate agent Nathaniel Pitchon-Getzels has attended a few garden-variety house parties — as in, the garden had a giraffe wandering through it. These are the types of extravaganzas where the floaties in the pool are synchronized swimmers, sometimes dressed...
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