The Lowdown on Scooping Your Dream Home in Los Angeles Ah! The dream of living in a city with swaying palm trees and an average temperature of 64°F year-round truly sounds like a paradise on earth – not to mention the idea of being surrounded by celebrities and food...
West LA Aug-Sept 2014 Real Estate Market Snapshot Santa Monica Santa Monica’s home resale inventories have shown a 6% decrease since August 2014. 152 new properties (45 single family homes & 107 condo/townhomes) were put on the Santa Monica market. The median listing price in Santa Monica also went...
The Million Dollar Market is Gleaming in the Golden State The sales of million dollar homes in California are on a historic rise. Due to a nine percent sale increase in the second quarter of last year, 12,826 properties were scooped off of the market, launching million dollar sales...
Real Estate Market Snapshot for Santa Monica, Venice, Pacific Palisades and Culver City. These 4 California communities continued to be hot market areas, with the average property being sold in a little over month of being listed on the market. Santa Monica This community showed the largest inventory increase...
Brentwood, Pacific Palisades and Santa Monica Home Sales According to a recent article in the L.A. Times Sunday Edition Charts – Data for April 2014 as reported by DQNews.com, you can see specific areas in California by zip code where price medians are dramatically higher than this time last year....
Mortgage Lending Standards May Effect Housing Recovery 2014 A recent article in the Wall Street Journal, reported on an analysis released by economists from Goldman Sachs. The analysis showed that mortgage lending standards are a significant factor when it comes to the amount of homes predicted to sell in...
Celebrities Battle Over Los Angeles Real Estate With a lack of home and condo inventory in Los Angeles, demand is high as well as prices. According to a recent article in Variety, Los Angeles real estate is heating up and executives and celebrities alike are facing steep bidding wars...
Median Price of Los Angeles Homes Increase A recent report on DQNews.com, shows the median price of Los Angeles homes has increased. “The median sale price rose to a more-than-six-year high. The median price paid for all new and resale houses and condos sold in the six-county region last...
New Jobs and Recovering Real Estate Market Boosts California’s Economy A recent article reported by the Los Angeles Daily News, discusses California’s hopeful return to past splendor. “California is on track to reclaim its status as the Golden State.” A look at the Los Angeles County Economic Development Corp.’s...
Why West Los Angeles Home Prices Are Peaking In some Southern California zip codes, West Los Angeles home prices have passed their peak. According to a recent article in the Los Angeles Times, “In some corners of the Southland, it’s as if the housing crash never happened. West Los Angeles Home prices in...
Million Dollar Home Sales at Record Levels According to county assessor offices, a little over 3 percent of the 8.8 million homes and condos in the Golden State are assessed for more than 1 million dollars. The sales of many of those 270,591 residences made an attention-grabbing impact on...
3 Real Estate Myths The rebounding real estate market is resulting in many new and first time buyers and sellers. Because of their lack of hands on experience, these new buyers and sellers are entering the marketplace with a number of preconceived notions on how the real estate market...