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Santa Monica Category

Why California’s Up Zoning Bill Failed

Posted on February 10, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

As you glide westward on the light-rail train that travels from Downtown Los Angeles to Santa Monica, there’s a place where it feels like you’re traveling somewhere in the south of France. From the windows of the E Line (formerly known as the Expo Line), the bustling LA streets give way to pastel stucco homes […]

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Opinion: Smaller Units Mean More Housing That Is Less Expensive

Posted on February 4, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

We are in the midst of an affordable housing crisis where The Crown on Kings Road in West Hollywood is asking over $2,500 for a 400-square-foot studio apartment and most people can’t afford it. It’s not ok for a city to have an entry-level rental that so many people just can’t afford. Something has to […]

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Los Angeles encourages developers to build housing closer to transit areas

Posted on January 28, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

A proposal out of Sacramento to put denser housing near transit has divided Californians. But a similar program is already underway in the city of Los Angeles. It’s an incentive program called “Transit-Oriented Communities,” and it’s encouraging developers to build more housing units—including affordable ones available to tenants with qualifying incomes—near major public transportation stops. Experts agree that […]

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So, you want to move to LA? Here are a few things you should know

Posted on January 21, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

First thing first, LA is massive. This fact informs nearly all of the advice that follows. The city of Los Angeles is about half the size of Rhode Island and is home to more than 4 million people. That’s just the city of LA.  There are 87 other cities in Los Angeles County. Many of them, including […]

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Home prices grew the most in the past years in these LA neighborhoods

Posted on January 6, 2020 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

In 2015, Chris Pouy’s realtor told him West Adams would be the next “it” neighborhood. Once he checked it out for himself, he didn’t have to be convinced. Central to the Westside and Downtown LA, its streets are lined with tall, bending palm trees and dotted with charming bungalows fronted by grassy lawns. Pouy owned a loft […]

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FHA Loan Limit Increase for 2020

Posted on December 10, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

The Federal Housing Administration announced that it is increasing its loan limit for most of the country in 2020. The 2020 FHA loan limit will be $331,760—a $17,000 increase from 2019’s loan limit. In about 70 designated high-cost counties, the FHA’s 2020 loan limit will climb to $765,600—a $40,000 increase from 2019. Alaska, Hawaii, Guam, […]

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Programs that help first time homebuyers in LA

Posted on December 2, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

The Los Angeles housing market is not a hospitable one for first-time buyers. Only 25 percent of all LA residents can afford a median-priced home, according the California Association of Realtors. It can be even harder for first-time buyers, who don’t have a property they can sell to cover the cost of a down payment. But some […]

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Low Mortgage Rates In Late November

Posted on November 26, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

According to the Freddie Mac’s latest Primary Mortgage Market Survey, the U.S. 30-year fixed-rate mortgage (FRM) averaged 3.66 percent. “The housing market continues to steadily gain momentum with rising homebuyer demand and increased construction due to the strong job market, ebullient market sentiment and low mortgage rates,” said Sam Khater, Freddie Mac’s Chief Economist. “Residential […]

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An Increase In VA Loans Among Young Homebuyers

Posted on November 11, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

When it comes to mortgages, VA loans are about the best you can get. With no down payment, no mortgage insurance, and super-low interest rates, they save homebuyers significantly—both up-front and over the long haul. And while VA loans have historically been underutilized, it seems Millennials are looking to buck that trend. In fact, according […]

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Buyer Competition to Grow in the Fall

Posted on November 4, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

While low mortgage rates have made it cheaper to buy a home, finding the right property remains a challenge for home buyers, realtor.com® writes in its October 2019 housing report. Would-be buyers are finding that a worsening inventory shortage is heating up competition in the housing market this fall. “Owning a home continues to be […]

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