Los Angeles Real Estate is it a Sellers’ Market?

Now is the Time to Sell your Los Angeles Home, Los Angeles Real Estate

You are thinking of selling a Los Angeles home and are interested in finding out if your area is a seller's or buyers' market. Regardless of whether or not you are in a sellers' market look at the comps and price your home accordingly. As a Los Angeles home seller your Realtor® will check out the comps in your area and let you know where to price your home.  No matter whether a sellers' or a buyers' market you will need to price your home at or very near the market price.  If your home is … [Read more...]

Preparing Your Newport Beach Home to Sell | Managing Your Listing | Part 5

How to Prepare your Los Angeles Home to Sell

Sharon Paxson, my colleague, a Newport Beach Realtor has written a great series on selling your home.  Rather than reinvent the wheel, I am reposting the series here.  Everything of course applies to selling your Los Angeles home. You have prepared to sell your Los Angeles home to sell, and you have addressed deferred maintenance, made necessary repairs, you are thinking like a buyer, you have selected your Los Angeles Realtor, and this post will be addressing managing your listing. This is … [Read more...]

Thinking of Remodeling your Los Angeles Home? What Should you Concentrate On?

You are thinking for remodeling your Los Angeles home but don't quite know what to do that will get you the best bang for your buck.  Houselogic.com recently put together a list of 7 remodeling projects that make the most sense. So what do they think are the most important? Value Siding Vinyl siding is inexpensive, durable and easy to install.  One would think it might look cheap, but it comes in many colors and varieties, including having a foam backing which helps with … [Read more...]

Palms|Mar Vista Housing Market Report, November 2011

Palms Community, Palms Homes for Sale

It's time to take a look at the Palms|Mar Vista housing market.  In our local MLS the two areas are joined and splitting them would not show an accurate picture. The important figures to look at here are the number of homes sold per month and the existing inventory.  If there is more than six months' worth of inventory this designates a buyers' market, less than six months a sellers' market and around six months it balanced. Median shows the middle price range, i.e. half the homes sold … [Read more...]

Brentwood Real Estate Market Report, November 2011

Brentwood Community, Brentwood Homes for Sale

Let's see how the Brentwood real estate market is doing. There are actually two Brentwoods in California.  I of course am referring to the community in Los Angeles. I always struggle with what information to include in these reports. Average price vs. median price:  Average prices can affect what is really going on if there is one extremely high-priced sale.  So I use the median price. Average days on the market:  One house staying on the market for a long time, possibly because it is … [Read more...]

Help With Your Los Angeles Real Estate Needs

Downtown lofts and condos for sale, market report

Buying a Los Angeles home, selling a Los Angeles home, or even looking for a Los Angeles rental can be a confusing task.  You don't know where to begin. What might you need help with? Selling a Los Angeles home How are you going to price your home?  Pricing is an art these days.  Price it to high and it is going to sit on the market, price it just right and you may encourage multiple offers and get more than you asked for. Is your house ready to be put on the market or is there … [Read more...]

Carbon Monoxide Detectors Mandatory in Los Angeles Homes as of July 1, 2011

California Senate Bill 183 Carbon Monoxide Detectors

Just so that everyone has a clear understanding - California Senate Bill 183 was signed into law to regulate the installation of carbon monoxide detectors. The law is a two-part law that requires an update to the Transfer Disclosure Statements used in a real estate transaction, and puts into law the Carbon Monoxide Poisoning Prevention Act of 2010. The first part of the new law requires that as of July 1, 2011, Transfer Disclosure Statements (TDS forms) include a line item regarding the … [Read more...]

Choosing a Los Angeles Realtor? Make Sure they Represent your Interests Well

Choosing a Los Angeles Realtor®, How to Hire a Los Angeles Realtor®

You have decided you are selling your Los Angeles home and are starting the process of hiring a Realtor®.  This is the start of what is going to be a long relationship and you need to choose carefully. How do you choose a Los Angeles Realtor®? I think the same way you choose your friends.  Someone you relate to.  Someone with whom you are comfortable. Someone who is going to work towards the ultimate goal, selling your home. As a Los Angeles Realtor® with a buyer I get to meet your choice.  … [Read more...]

Los Angeles Real Estate Pricing Myth vs. Reality

Los Angeles Real Estate Prices, How to Price Your Los Angeles Homes for Sale

Want to list your home attractively but, not take a ‘hit’ as a seller?  There are a few misconceptions about how to set the sales price for your real estate  Here are five common pricing myths and the reality behind them. Myth #1:  It’s OK to test a high price on your  real estate just to see if anyone will buy it at that price. If you’re serious about selling your home, don’t play games.  In this buyer’s market you have a very small window of opportunity to pull in serious buyers when … [Read more...]

Selling your Los Angeles Home? Here is a Checklist of Items to Look For.

Los Angeles Home Seller Checklist, Selling your Los Angeles Home, Address These Items

If you are thinking of selling your Los Angeles home Russel Ray, San Diego Home Inspector, has put together this fabulous list of items to consider addressing in order to help the process go smoother. Once a buyer as made an offer on your Los Angeles home and you have accepted part of the process is going to be an inspection on the part of that buyer. The home inspector will go over your home with a fine tooth comb and will report all his findings to the prospective buyer.  That's when the … [Read more...]

Looking to Downsize your Los Angeles Home? Try Out a Condo for Size.

Leasing a Home in West Los Angeles, Downsizing your Los Angeles Home

You are downsizing from a large Los Angeles home and are not quite ready to buy.  You want to get the feel of living in a condominium before you jump in to buy one.  After all, it is a completely different lifestyle. Downsizing your Los Angeles home doesn't mean you have to cramp your lifestyle.  Depending on your price range there are quite a few 2 and 3 bedroom condominiums and houses to choose from with a minimum of 2,500 sq. ft. of living space. If you truly want to spoil yourself, you … [Read more...]

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

Should I Fix up My Los Angeles Home Before Selling, When Selling your Los Angeles Home you Have One First Impression

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...]

How to Value Your Los Angeles Home

How much is your Los Angeles Home Worth?

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,  location, … [Read more...]

3 Simple Steps to Prepare Your Home for Sale

Preparing your Los Angeles Home for Sale, 3 Tips to Prepare your Los Angeles Home for Sale

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 art.  The … [Read more...]

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

Selling your Los Angeles Home Part 3. Handle the offer.

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 new, … [Read more...]

Google at Home in Venice Los Angeles

Google Leasing Space in Venice Los Angeles, Google Planning Huge Expansion in Southern California

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 company is … [Read more...]

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

Echo Park Real Estate Market Trend, Echo Park Homes for Sale, Echo Park Housing Market Report

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...]

Culver City Real Estate Market Trends

Culver City Real Estate Market Report

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...]

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

Santa Monica Real Estate Market Report, Where to Live in Santa Monica, Santa Monica Housing Market Report

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...]

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

Buying or Selling a Los Angeles Foreclosure, Buying a Los Angeles Short Sale, Los Angeles Short Sales

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...]