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Housing Could Turn Around Weakening Economy

Posted on July 22, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

The longest economic expansion in the nation’s history—now approaching 10 years—may be nearing an end, writes Lawrence Yun, chief economist of the National Association of REALTORS®, in his latest column at Forbes.com. But the housing market could help turn around some sluggish economic numbers, such as business and consumer spending. Consumer spending is slowing, despite a […]

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Here’s what you need to know about LA’s new Airbnb rules that are now in effect

Posted on July 15, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

New home-sharing regulations are in place for the city of Los Angeles, changing the way hosts from Airbnb and other rental platforms can book vacation stays and short-term rentals. Starting July 1, 2019, hosts must register and pay an $89 fee to the city. Hosts can only register one property with the city at a time and […]

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How Will Your Building Hold Up In A Major Earthquake?

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

One of the most earthquake-prone urban areas in the nation, Los Angeles is likely to be rocked by a major temblor within the next few decades. As nerve-wracking as it may be, preparing for the big one is part of living in LA. According to the United States Geological Survey, there’s a 60 percent chance an earthquake measuring in at […]

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LA’s Homes and How Much They’re Worth?

Posted on June 25, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

With some of the nation’s highest median home prices—and more than a few of its priciest individual homes—Los Angeles property owners collectively possess a massive pool of real estate equity worth an astonishing $760 billion. That’s according to a new report from real estate analyst Black Knight. The study shows that Los Angeles leads the nation in “tappable equity,” […]

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Home Sales Rebound in California, Says C.A.R.

Posted on May 16, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

According to the California Association of Realtors, California home sales bounced back in February 2019, after hitting the lowest sales level in more than 10 years the previous month. February’s annual sales level was the highest in six months, and the monthly growth in sales was the highest since January 2011. Closed escrow sales of […]

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Housing Market Is Likely to Be Stronger Than We Thought for 2019

Posted on May 9, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, West Hollywood

Despite a real estate slowdown gripping the nation, this year’s housing market is expected to be busier than economists originally predicted late last year. That means more home sales are on the way. The anticipated activity is due to lower mortgage rates, which make homes more affordable for buyers. The economists expected rates to climb to 5.5% in […]

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USA TODAY FEATURES, The Collective, Realty L.A. AFFORDABLE HOUSING HEROS

Posted on April 24, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

USA TODAY LOS ANGELES April 24, 2019 Affordable housing heroes The Collective, Realty hosts free L.A. Home Buyer Seminar to teach the public how to buy their first home and much more. The seminar takes place on Saturday, April 27, at 11 a.m. at The Collective, Realty, 8278 1/2 Santa Monica Blvd., West Hollywood, CA […]

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Median Home Prices In Los Angeles

Posted on April 24, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

After years of steady escalation, home prices in Los Angeles County are tapering off. Real estate data finds that the county’s median home price was $579,500 in January, down slightly from December’s median price of $581,500.  That’s a 2.6 percent increase over the same time last year. By comparison, prices shot up nearly 8 percent between January […]

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Drop in Mortgage Rates

Posted on April 16, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

The recent plunge in mortgage rates may help the market for home loans surge to a 14-year high, according to recent housing forecasts. In the past month, mortgage rates have posted their biggest drop in a decade, with the 30-year fixed-rate mortgage averaging 4.08 percent last week, according to Freddie Mac’s weekly mortgage market survey. The […]

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Spring Home Buying Market

Posted on April 8, 2019 by Anthony Vulin in Beverly Hills, Glendale, Hollywood Hills, Market Update, Real Estate, Santa Monica, Silver Lake, Uncategorized, West Hollywood

This year’s spring home-buying season is when the frenzy typically kicks off for the year, appears to be off to a slow start—particularly in and around some of the nation’s most expensive, coastal cities. That’s because for the fifth month in a row, the number of homes on the market surged 6% in February compared with […]

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