by Jen Case | Dec 13, 2018 | Los Angeles Real Estate and Appraisal News
A report released recently by CoreLogic shows that home sales in Southern California have dropped 7.5% in November compared to October of 2017, which reflects a broad slowdown in the housing market. November was the third consecutive month of declines and the almost...
by Greg Wasik | Nov 8, 2018 | Los Angeles Real Estate and Appraisal News
Due to competition from Home Depot, retailer Lowes plans to close 47 retail stores in the US and Canada. 27 of the stores are in Canada and 24 were part of a 2016 acquisition. Marvin Ellison, Lowes CEO said: “The store closures are a necessary step in our strategic...
by Greg Wasik | Nov 6, 2018 | Los Angeles Real Estate and Appraisal News
Related Cos. massive The Grand project in downtown LA designed by famed architect Frank Gehry has just received a $620 million loan from Deutsche Bank and is expected to begin construction shortly. The project will contain retail, hotel and apartment components and...
by Greg Wasik | Oct 15, 2018 | Los Angeles Real Estate and Appraisal News
Famed Beverly Hills restaurateur Mr. (Michael) Chow has listed his Holmby Hills home for $78 million. The home contains more then 30,000 SF and was designed in the manner of the Museo Nacional Centro de Arte Reina Sofía in Madrid. The property is co-listed by Rick...
by Greg Wasik | Sep 29, 2018 | Los Angeles Real Estate and Appraisal News
According to CoreLogic, the median sales price in Southern California (encompassing 6-counties) increased to $535,000 in August 2018, up 1% from July. The median sale price increased 7% from the year prior and was just under the all-time high of $537,000 reached in...
by Greg Wasik | Aug 28, 2018 | Los Angeles Real Estate and Appraisal News
After four long years, the half-built Target Building on Sunset Boulevard has won an appeal with the State of California Appeals Court that agreed with the City of Los Angeles did comply with environmental laws and the zoning change which allowed for the property to...
by Greg Wasik | Aug 20, 2018 | Los Angeles Real Estate and Appraisal News
After the former boy band member posted on Instgram that he had wont he bidding for the former Brady Bunch house, it was revealed that in fact the winner was HGTV, who plans to renovate the interior to match the TV show as well as expand the home. Construction has...
by Greg Wasik | Aug 7, 2018 | Los Angeles Real Estate and Appraisal News
A recent report by Realtor.com noted that current home listings in the San Jose-Sunnyvale-Santa Clara area of California rose by 44 percent year-over-year, the country’s largest increase. In Seattle and its suburbs,there were 29 percent more homes on the market this...
by Greg Wasik | Aug 6, 2018 | Los Angeles Real Estate and Appraisal News
“The Valley” once known as the red-headed stepchild of posh Los Angeles neighborhoods, a place where people moved if they couldn’t afford to live in the TMZ (short for “Thirty-Mile Zone,” in reference to the historic “studio...
by Greg Wasik | Jul 31, 2018 | Los Angeles Real Estate and Appraisal News
Yes its true, the infamous property known as the Vineyard above Beverly Hills has just hit the market with a $1 Billion price! Yes $1 Billion! This is of course an amazing property with 157 acres of prime vacant land with staggering views of Los Angeles. Is it worth...
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