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Selling Your Los Angeles Home – Should I Fix it Up First?

March 24, 2011 By Leave a Comment

Or should I sell it As Is? Is your home a standard/equity sale? Are you considering selling your Los Angeles home? Do you have some repair items that need your attention? Do you have paint that is peeling, baseboards that need touch up (or replacing), screens that need repair or replacing? Do the windows open? Are there water stains on the  ceiling? There are SO many considerations when you are considering selling your Los Angeles home. Unless you are willing to "discount" your sales price, … [Read more...]

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How to Value Your Los Angeles Home

March 16, 2011 By Leave a Comment

How to Determine the Value of Your Los Angeles Home Are you considering selling your Los Angeles home? If you are, it is important to establish value of your Newport Beach property. There are several manners to determine value of your home. Comparative Market Analysis One of the most important starting points is to talk to a professional Realtor®. A Realtor® will look at recent sales in the area with homes that are comparable to your home.  A Realtor® will consider condition, … [Read more...]

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3 Simple Steps to Prepare Your Home for Sale

March 9, 2011 By Leave a Comment

3 Simple Steps to Prepare Your Home for Sale Thinking of selling your home during the spring market?  Here are a few tips to help your home show better and sell faster. Get rid of the excess: Eliminate as much as possible, and then when you think you’ve eliminated, do it again!  Remember when staging your Charlotte home for sale, less is best.  As well, keep in mind that you’re going to be moving soon so, consider this, ‘early packing.’  Exchange your personal photos for framed … [Read more...]

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Los Angeles Home Sellers Have You Thought About a Reverse Offer?

February 3, 2011 By

If you are thinking of selling your Los Angeles home, or are actually in the process of trying to sell it, you might consider a reverse offer. What is a reverse offer? A reverse offer is counter to what normally happens in the home buying process, where the buyer presents an offer to the seller.   A house has been languishing on the market and there have been no offers, what do you do.  You think of taking control of the reins and make an offer to a buyer.  These reverse offers are not … [Read more...]

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Google at Home in Venice Los Angeles

January 27, 2011 By

Los Angeles is an extremely desirable place to live.  Just look at the weather going on around the country right now.  Google also loves Los Angeles and just leased 100,000 sq. ft. of space in buildings in Venice, CA.  One of them is the Frank Gehry Binoculars Building, previously leased by the advertising giant Chiat/Day. This lease is part of a major expansion by Google in Southern California and great news for the Los Angeles real estate market and the employment sector, as the … [Read more...]

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Echo Park Los Angeles Real Estate – How is the Market Doing?

January 22, 2011 By

Echo Park Los Angeles is a culturally diverse neighborhood near downtown Los Angeles. If you are thinking of buying or selling a home in Echo Park you may want to check out the latest housing market statistics. The Echo Park real estate report below is for single family homes over 2010.  Condos are a small part of the Echo Park real estate market. Also, the boundaries of Echo Park are rather loosely defined, and the Los Angeles Multiple Listing Service (MLS) combines Echo Park with … [Read more...]

Filed Under: Echo Park Market Report, Los Angeles Area Real Estate Market Reports Tagged With: , , , ,

Culver City Real Estate Market Trends

January 19, 2011 By 2 Comments

If you are looking at Culver City real estate with an eye to buying a home, or you are thinking of selling your home in Culver City, you are probably wondering how the housing market did in 2010. Culver City still remains a desirable place to live.  It is an artistic community with an ever growing number of restaurants opening.  And the metro line in phase one of constructions, slated to carry passengers from downtown to Santa Monica, is only going to increase the housing values in the … [Read more...]

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Should I Downsize my Los Angeles Home?

January 18, 2011 By 2 Comments

You know the story. The kids are gone. You have more space than you could ever use. The maintenance of the home is becoming more than you can handle and you are thinking, "should I downsize my Los Angeles home?" You have decided that you are ready and are wondering how to proceed: Should I wait to sell my Los Angeles home? The good news is that any time you are thinking of selling your Los Angeles home is the right time.  You are worried that prices are down and now is not the time.  … [Read more...]

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Where Should I Live in Santa Monica – Santa Monica Housing Market Report by Zip Code

January 15, 2011 By 1 Comment

Where should you live in Santa Monica? You know you want to live in Santa Monica, but in a city of 8.3 square miles, and several diverse neighborhoods, you are not sure where to look. There are several distinct areas of Santa Monica each with its own advantage and price ranges. From upscale condos on Santa Monica Beach to high end homes, and plenty of opportunities to lease in between. Living in Santa Monica offers something for everyone. The Santa Monica housing market report below … [Read more...]

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A Los Angeles Short Sale or Foreclosure, Which is Better?

January 13, 2011 By 1 Comment

Should I buy a Los Angeles home in a short sale or foreclosure? Should I sell my home as a short sale or allow the bank to foreclose? These are questions faced by many Los Angeles home buyers and sellers in today's tough times. What is a short sale? A short sale is when a home owner opts to sell his home for less than he owes on the mortgage, rather than let the bank foreclose on him.  Technically the hit on his credit and future home buying power is supposed to be less with a short … [Read more...]

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Buying or Selling a Brentwood Los Angeles Home What’s the Market Doing?

January 11, 2011 By 1 Comment

Are you wondering whether now is the time for buying or selling a home in Brentwood Los Angeles? Brentwood is a wonderful, upscale area of Los Angeles, with a mix of housing from apartments, affordable condos to the high end houses north of San Vicente and into the Santa Monica Mountains. Brentwood Los Angeles remains a desirable place to live with its destination restaurants, high-end boutiques and walkable streets. If you are considering buying or selling your Brentwood home now is an … [Read more...]

Filed Under: Brentwood Market Reports, Los Angeles Area Real Estate Market Reports Tagged With: , ,

Buying or Selling a Beverly Hills Home – How Did the 2010 Market Do?

January 9, 2011 By Leave a Comment

Are you thinking of buying or selling a Beverly Hills home? Wondering how the market is? You should not be waiting to sell your Beverly Hills home. The single family home market has move to a balanced one.  Six months inventory is balanced.  Over six months is a buyers' market and under six months a sellers' market. You can see from the one month column that now is the time to sell your Beverly Hills home. If you price it right, you could end up with multiple offers and a sales price … [Read more...]

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Buying or Selling Westwood Los Angeles Real Estate – Check Out the Market

January 8, 2011 By 1 Comment

So you are thinking of buying or selling a Westwood Los Angeles home! How is the market doing? There is no right or wrong time for selling your Los Angeles home.  When you want or need to is the right time. Are you waiting out the market before buying a Los Angeles home?  If you are in a position to buy now, have the funds, are pre-approved for a loan, then don't wait.  Prices in the better parts of Los Angeles did not drop as much as the more depressed areas and they are unlikely to … [Read more...]

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Selling Your Los Angeles House? Now is the Time

January 4, 2011 By Leave a Comment

So, you have been thinking of selling your Los Angeles home for some time but but have been waiting out  the market.  Depending on your reasons for selling you should consider now as a great time.  Whenever you want to sell is the right time! Los Angeles Home Buyers are Out There I have Los Angeles home buyers who have been looking for a few months now to buy a home.  One is looking for a duplex for sale in Silver Lake or a duplex for sale in Echo Park, and the other, a three-bedroom … [Read more...]

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Carbon Monoxide – New Law Comes into Effect January 1, 2011

December 8, 2010 By 2 Comments

Los Angeles homeowners need to take note of the following new law. The danger of  Carbon Monoxide , the silent killer, has finally been addressed by the passing of a new law SB183, which will go into effect on January 1st. This law requires that a carbon monoxide detector be put into every Los Angeles home inhabited by humans, whether it be a single family home or residential income. single family units need to comply by January 1st owners of multi-family units by July 1st. Failure to … [Read more...]

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Selling your Los Angeles Home with an Independent Brokerage

September 22, 2010 By Leave a Comment

I was asked today whether I had ever worked for a brand real estate brokerage. I have. I worked for Keller Williams for five years. To clear up any misconception of the need to sell your Los Angeles property with a brand real estate brokerage let me lay out some facts. Real estate agents are not employees of their brokerages, they are independent contractors. When starting out a new agent needs mentoring, and the larger brands are great places to receive that mentoring and the … [Read more...]

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Stage your Vacant Los Angeles Home with Onsite Home Managers for Free

September 13, 2010 By Leave a Comment

Are you an absentee landlord or seller and you have a vacant Los Angeles home?  Do you want your home to look lived-in, or staged if you are thinking of selling?  There is an answer. There is a company called Vacant Home Caretakers California who provide clients with home managers for FREE.  These carefully approved home managers will furnish the home with their own approved furniture and will be available with as little as 30 minutes notice to vacate the property for showings.  Also, the … [Read more...]

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Make Sure Your Homeowner Dues are Current

July 21, 2010 By Leave a Comment

A recent news story tells of National Guard commander who served in Iraq last year received an urgent call from his wife while there telling him that their Homeowner Association had foreclosed on their paid for $300.000 home because she had missed two  payments.  Yes, only two payments. And, someone taking advantage of this bought the home for the amount of the delinquency and the associations legal costs, $3,500! 33 states have ruled that Homeowner Associations do not have to go before … [Read more...]

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California Median Home Prices Up 21%

May 27, 2010 By Leave a Comment

According to the California Association of Realtors the California median home price rose 21% but sales of existing homes dropped by 8%. The median price in April 2010 was $306,230 up from $253,110 the year before and up 1.5% over March 2010's median of $301,790. The annual sale of homes was down below the 500,000 mark for the first time in 19 months, primarily due to buyers delaying closing of escrow to take advantage of both the federal and state home buyers tax credit. May should be a … [Read more...]

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Mortgage Debt Forgiveness Will Not be Taxed in California

April 16, 2010 By Leave a Comment

Governor Schwarzenegger has signed into law a "mortgage debt tax relief provision" which will shelter Californians who have lost their homes in this down market. Part of bill SB 401, the provision will allow individuals to exclude up to $500,000 on the forgiven debt, or $250,000 for married individuals filing separately.  This covers only principal residences from 2009 to 2012. Homeowners would have had to pay taxes on the amount remaining on the loan as the result of a short sale or … [Read more...]

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