by Jen Case | May 25, 2020 | Uncategorized
Due to the pandemic crisis, data released from DQNews last week shows that Southern California home sales dropped by 26.6% in April compared to a month earlier while year-over-year sales were also down 31.5%. The data reflects the residential transactions that closed...
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 Jen Case | Mar 26, 2020 | Uncategorized
As Los Angeles Valuation Group reported in April of last year, developer Bruce Makowsky filed a lawsuit against Zillow claiming that the Seattle-based online real estate company had harmed the reputation of his Bel-Air mansion, appropriately named ‘Billionaire,’ by...
by Jen Case | Mar 5, 2020 | Los Angeles Real Estate and Appraisal News
Southern California home prices increased in January from the previous year as buyers competed over a limited supply of homes for sale across the six counties. The area’s median price came in at $533,000, which was 6.6% higher than in January of 2019, and is the...
by Jen Case | Feb 13, 2020 | Uncategorized
Amoeba Music recently announced its much anticipated plans to relocate to a new space close to the Pantages Theatre on Hollywood Boulevard following years of speculation regarding the future of the popular music store. The relocation comes five years following selling...
by Jen Case | Feb 13, 2020 | Los Angeles Real Estate and Appraisal News
The Cliffs, a new small lot subdivision in Echo Park, is almost complete. The community located at 1830 N. Glendale Boulevard consists of eighteen single-family residences with a mix of two-bedroom floor plans between 1,408 and 1,774 square feet. All the homes have...
by Jen Case | Nov 1, 2019 | Los Angeles Real Estate and Appraisal News
The $2.5 billion Century Plaza development is finally set to be completed in the spring of 2021. The project is centered around the landmark crescent-shaped hotel that has hosted rock stars and presidents since the 1960s. The fate of the property has been uncertain...
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 Jen Case | Jun 29, 2019 | Los Angeles Real Estate and Appraisal News
An approximately 258 acre tract of land at the edge of Bel-Air, Senderos Canyon, came on the market in 2013 for $125 million. Following three years without any serious offers, the owner has heavily reduced the price this month by 40% for a new price tag of $75...
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...
Recent Comments