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Market Update Category

Mortgage Rates Drop to 10-Month Low in February

Posted on February 14, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

Based on Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage in the U.S. fell to a 10-month low in early February 2019. Sam Khater, Freddie Mac’s chief economist reports, “The U.S. economy remains on solid ground, inflation is contained and the threat of higher short-term rates is fading from view, which has allowed […]

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Monthly Meet Up For Investors

Posted on January 3, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

If you haven’t come to one of our meetups now is the perfect time to start coming! And we look forward to reconnecting with all our friends who have been joining us monthly in the past! JANUARY’S SESSION: will have a guest speaker flying down from San Francisco just for us! We are starting to […]

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Hollywood Target can now resume construction after beating legal challenges

Posted on December 26, 2018 by Anthony Vulin in Hollywood Hills, Market Update, Real Estate, West Hollywood

  Target confirmed today that it would resume construction on the partially built big-box store at Sunset and Western, also known as “the Target Husk.”  A years-long legal fight to halt the Hollywood Target appears to have ended, and Target and the city of Los Angeles have come out on top. It did not say […]

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Why You Should Buy in the Winter

Posted on December 21, 2018 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

‘Tis the season to buy a home! Spring and Summer are popular times of the year to purchase; school’s out and homes are flying off the market. But high temps bring high prices… And sometimes bigger headaches! So here’s why you should do some holiday home shopping In the winter instead! Low temps, lower prices: Homebuyers […]

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Good News For LA Buyers The Number Of Homes On The Market Is Going Up

Posted on December 4, 2018 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

The number of homes for sale in the Los Angeles area climbed more than 30 percent in October, nearly 30,000 homes were on the market in Los Angeles and Orange counties. That suggests the region’s sky-high home prices could continue to fall, as they did in September. During the month of October, inventory (the total number of […]

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Study Finds Wealth & Income Concentrated Among Business Owners & Landlords

Posted on November 27, 2018 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

Business owners and landlords tend to be about four times as wealthy as the average American, more than in almost any other country included in a new study. In the United States more than almost anywhere else, wealth and income are concentrated among business owners and landlords. That club, blessed by capitalism, is becoming increasingly […]

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Prop 10 Falling In Polls, Even Among Democrats As Newsom Support Holds Strong

Posted on October 26, 2018 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

The prospect of a future with more rent control laws is looking less and less likely. A recent poll by the non-partisan Public Policy Institute of California shows that 60 percent of likely voters — and majorities in all major political parties — plan to vote no on Proposition 10 on November 6. The ballot […]

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Price Reductions Hits An All Time High In LA

Posted on October 19, 2018 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

Is this a sign that the market is shifting toward buyers? Home prices in Los Angeles County have never been higher, but there are signs the local real estate market may be getting slightly more buyer-friendly. The reports find that 16.5 percent of homes for sale in LA during the month of August were listed with […]

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Home Prices Have Hit A Wall On The West Coast

Posted on October 19, 2018 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

Slow sales and supply spikes indicate that homebuyers are regaining the upper hand Home sellers have had it easy over the last few years. Housing demand has risen along with the improving economy, and home builders have struggled to build at a pace that keeps up with that demand. The result was a shortage of […]

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How Will The Federal Reserve Rate Hikes Affect Your Credit Cards, Mortgages & Savings

Posted on September 27, 2018 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

The Federal Reserve announced another rate hike Wednesday and that means higher borrowing costs for Americans. But the move should also continue to push up savings rates for bank customers who are finally starting to see some decent returns. The Fed bumped up its benchmark short-term rate by a quarter percentage point to a range […]

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