by Greg Wasik | Sep 21, 2017 | Los Angeles Real Estate and Appraisal News
…home prices jumped 7.5% from a year earlier, reinforcing new poll results showing widespread concern about the state’s housing affordability. Across the six-county region, the median price increased to $500,000 from $465,000 a year earlier, though down slightly...
by Greg Wasik | Sep 16, 2017 | Los Angeles Real Estate and Appraisal News
Boxer Floyd Mayweather Jr. has bought a home in Beverly Hils. …Floyd Mayweather Jr. has purchased Beverly Hills home for $25.5 million. The French modern-style home, built in 1992 and renovated in 2015 by spec developer Nile Niami, encompasses slightly...
by Greg Wasik | Aug 23, 2017 | Los Angeles Real Estate and Appraisal News
The $142.3M Westside Pavilion loan was put on the servicer watchlist earlier this month. TreppWire reports. “[The] property performance has been trending downward.” The loan was originally underwritten with a debt-service coverage ratio of 1.40. The ratio...
by Greg Wasik | Aug 19, 2017 | Los Angeles Real Estate and Appraisal News
The Los Angeles Times reports that the music power couple has bought a newly built, contemporary mansion in Bel Air. The reported price is $90 million for the sleek, hotel-like spread. At that price it will set a year-to-date record as the most expensive home sale in...
by Greg Wasik | Aug 9, 2017 | Los Angeles Real Estate and Appraisal News
…A Nantucket-style estate in the Hill Section of Manhattan Beach has sold for $20 million, making it among the priciest residential transactions in the history of the South Bay community. The sale of the spacious 30-room house is bested only by a multifamily...
by Greg Wasik | Aug 8, 2017 | Los Angeles Real Estate and Appraisal News
…Home prices surge in Southern California and nationwide. There’s a lot of demand, and houses for sale are still scarce. In Los Angeles County, the median price in June jumped 7.4% from a year earlier to $569,000, surpassing the previous record set in May....
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