Market Update

Nov. 5, 2021

New California Housing Law SB9 Impacts Single Family Zoning

Are you curious about what all the new California housing laws mean for you and your family? Recently, California Governor Gavin Newsom signed a pair of bills that “effectively put an end to traditional single-family zoning restrictions in most neighborhoods statewide.” 

This bill, SB9, allows property owners to ...

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Nov. 5, 2021

Zillow Deal to Outbid Homes Backfires

As most people know, the real estate world is changing at a rapid pace. With some of the fastest rising prices in housing history, the real estate company Zillow had their sights set on success and huge profit margins. The company changed their algorithms to make higher offers. 

According ...

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Oct. 29, 2021

Celebrity Homes On The Market in Los Angeles County

Curious about all the star-studded homes that are currently on the market? Check out these celebs who have recently put their mansions on the market

 

Trever Noah recently listed his $29.75M Bel-Air Mansion for sale less than a year after buying it! The Japanese-inspired design was ...

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Oct. 22, 2021

Los Angeles Office Market: Buyers Are Seeking Land

According to Kevin Shannon, co-head of capital markets for Newmark Group Inc., buyers are looking to make real estate purchases in office markets such as Culver City, CA and Burbank, CA. These markets have both rental rate and job growth which makes them attractive to potential buyers. Research being done ...

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Oct. 22, 2021

Is The Million-Dollar Los Angeles Home Now More Attainable Than Ever?

This sounds like a crazy question, right? For most Americans, the million-dollar home is likely still just a dream, especially due to the fact that million-dollar homes are taking over once affordable neighborhoods all over Los Angeles county. 

 

This is because of the increasing demand for larger spaces ...

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Oct. 15, 2021

Latest Luxury Developments in Los Angeles

In Los Angeles, many buyers are drawn to the idea of living a lavish life full of luxury. The luxury condo market has seen an uptick in the buyers preference towards amenities offered in different complexes. These amenities include valet and concierge services, pools and hot tubs, fitness studios, wine-bar ...

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Oct. 14, 2021

Tips From The Experts on Sustainable Building Practices For Homes

In today's world, there is more and more talk of the threat of our changing climate and how it can impact the world's infrastructure. Expert architects are giving out all the best tips on how to build and renovate homes sustainably with mother nature in mind.

Building houses ...

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Oct. 8, 2021

Office Availability in Los Angeles County Hits New High

 

 

In the recent quarter, quarter three of 2020, 3.2M square feet of space was leased. However, office space availability in the county is at nearly 25 percent and climbing. In the past ten years, Los Angeles has not seen this much space available in terms of ...

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Posted in Market Update, News
Oct. 7, 2021

Throughout the United States, L.A. Homes Are Shown To Have The Best Risk-Adjusted Returns

 

 

A recent Bloomberg column made an argument for low price swings presenting a much more motivating forecast for a few markets. With a return of 2.27 percent, Los Angeles comes right behind New York who has a return of 2.45 percent. These numbers come from Bloomberg ...

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Sept. 24, 2021

Here’s What You Need To Know About California’s New Housing Laws

The recent California housing crisis has caused Governor Gavin Newsom to take action to ease the severity of the situation. The cost of owning a home in California is more than double what it is throughout the rest of the country with costs just above $800,000. This explains largely ...

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Posted in Market Update