General Information
The Longford Condos for Sale and Lease – 10790 Wilshire Blvd
June 7, 2010 by Jane Peters · Leave a Comment
The Longford 10790 Wilshilre Blvd.
Built in 1979, The Longford is one of the most desirable condo buildings on the Corridor. Units rarely come on the market. This is a full service building including concierge, valet, parking, pool, sauna and exercise room.
FOR SALE
FOR LEASE
Brentwood
December 14, 2009 by Jane Peters · Leave a Comment
Brentwood: Zip Code – 90049
An unincorporated city in Los Angeles, Brentwood borders the east end of Santa Monica and the west end of Westwood.
Brentwood
With approximately 42,000 residents, Brentwood has many diverse areas. San Vicente Blvd. is the main walking street with shops and upscale restaurants. This area is densely populated with many apartment and condominium complexes with a mix of students, professionals and families.
Brentwood borders Santa Monica on the East and is at the foot of the the Santa Monica Mountains. It is one of the most upscale areas of Los Angeles with a mix of high-end mansions to the north and single-family homes, condos and apartment buildings to the south.
San Vicente Boulevard and Sunset Boulevard are the main thoroughfares through the city, San Vicente being the area’s main walk street with high-end boutiques, and restaurants. It is also a popular destination for joggers along the grassy center median planted with coral trees. North of Sunset the area is defined by the hills and canyons of the Santa
Brentwood has a very good school district and is a desirable area for young families.
Useful Links:
Brentwood Homeowners Association
Los Angeles Unified School District
School Finder
School Report Card
What’s Happening in Brentwood?
Brentwood Homes for Sale up to $2 Million
Brentwood Homes for Sale over $2 Million
The Pacifican – 801 Ocean Ave. Santa Monica
July 21, 2010 by Jane Peters · Leave a Comment
The Pacifican, 801 Ocean Ave, Santa Monica
Built in 1977, The Pacifican offers luxury living at the beach. Amenities include pool, sauna, spa, and exercise room.
FOR SALE
FOR LEASE
The Churchill Condos for Sale or Lease – 10450 Wilshire Blvd.
July 20, 2010 by Jane Peters · Leave a Comment
The Churchill, 10450 Wilshire Blvd.
Built in 1961 The Churchill on the Wilshire Corridor is a full service building. Amenities include 24 hour valet, concierge, pool, spa and more.
FOR SALE
FOR LEASE
Newsletter
May 1, 2010 by Jane Peters · Leave a Comment
Relocating to Palms
April 24, 2010 by Jane Peters · Leave a Comment
Moving to Palms
Relocating to Culver City
April 24, 2010 by Jane Peters · Leave a Comment
Moving to Culver City
Relocating to Santa Monica
April 24, 2010 by Jane Peters · Leave a Comment
Moving to Santa Monica
Relocating to Echo Park
April 24, 2010 by Jane Peters · Leave a Comment
Relocating to Brentwood
April 24, 2010 by Jane Peters · Leave a Comment
Moving to Brentwood
Los Angeles Market Report – Third Quarter ’09
October 11, 2009 by Jane Peters · Leave a Comment
The following represents the Los Angeles housing market trend for single-family homes over the last 13 months.
Overall the figures show the market turning around as follows:
The median price has decreased by 12% from $608,000 in ’08 to $533,000 in ’09.
The number of homes sold in Los Angeles has increased 12%, from 356 to 410.
The number of properties on the market has decreased by 42%, from 4,500 to 2,632. This is good news as the prices should start to rise due to the shortage of inventory.
The average days on the market has decreased by 2% from 79 to 77. This shows a balanced market. Anything under 30 days is fast and over 90 days is a slow market.
Other statistics show:
The number of new properties coming on the market each month has decreased by 33% from 825 to 551. Also an indication that prices could start to rise due to the inventory shortage.
Supply and Demand per month shows a significant downward trend in inventory, 42%, from 4,500 to 2,632 and a 15% upward trend in demand, from 356 to 410 in terms of homes sold.
Months supply of inventory is a great indicator that the market is slowly turning around. The time it takes to sell the existing inventory shows whether this is a Buyer’s Market, a Sellers’ Market or a Balanced Market. Anything at or below 3 months is a Seller’s Market since there is little inventory and prices get bid up due to competition. At or above 6 months is a Buyer’s Market due to the choice of homes, and therefore prices drop. Anything in between is a Balanced Market. The formula for Months Supply is the number of properties on the market at the end of each month divided by the number that had accepted offers that month.
The Months supply of inventory has decreased 66%, from 3,721 to 1,757. Another sign that the market is turning around.
