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Community Activism: alive and well in Sherman Oaks, CA
Community Activism: alive and well in Sherman Oaks, CA I find that no matter where you live there is community activism. As I was driving on Coldwater Canyon Blvd, I passed one of the most exclusive school of the Greater Los Angeles area Harvard-Westlake. Interestingly I could not help but notice all the signs. This made me think what do potential buyers think when they see signs like this? Will this encourage them to buy into the community? Or will it have a detrimental effect on the sales process? I would be interested what your thoughts are about this. Do you think will it take longer to sell a home surrounded with these signs and potential controversy? Will this affect the asking price as well as the purchase price? Now let’s go into it deeper: would you buy a home near a place that is considering building a three story parking structure? What effect will it have on the traffic patterns? Now I am just thinking out loud, everyday parents, nannies, chauffeurs bring the children to school and then pick them up in the evening, what difference would it make if there were parking spaces for these same people instead of creating traffic jams on Coldwater Canyon in the morning and evening? If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 or homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com. I am a pet friendly realtor and I contribute a portion of my commissions to local animal rescue...
read moreHeading Home on Ventura Blvd in Sherman Oaks, CA observations by a Relocation Realtor Endre Barath
Heading Home on Ventura Blvd in Sherman Oaks, CA I was enjoying a perfect day. All day was around 72 -74 degrees, no humidity. I was recalling when we made the decision to relocate to Los Angeles, CA. We contemplated analyzed and looked at all the pros and cons of our big move. Needless to say it was a lot to consider, Diane never worked in a management position, we have not known each other a very long time and we both would have to leave our friends, family and our comfort zone…. Needless to say these are some of the things one has to consider when relocating cross country or across the Globe. On a side note I have done that as well, hence I was more seasoned at this than Diane. As I watched this beautiful afternoon, I started taking pictures for all to see what life is like here in the Greater Los Angeles. I am confident these pictures will make you think harder about relocating here, especially if you are currently living on the East Coast. So if you are looking for Relocation Advice or Consultation, feel free to reach out to me. In Marina Del Rey, CA 90292 The Under Contract Properties, i.e.: the Condominiums are up by 20% year over year. In other word January 2014 vs. January 2015 there are 20% more properties in Pending status. This is a clear indication that in spite of the Price Increases the buyers see a value in purchasing Condominiums in Marina Del Rey,CA. 90292. Under Contract Property statistics are indication of how the next couple months will look like. To me it shows that even though it is still technically the winter, selling season is behaving as if it was the Spring Sales Market already. Not only is this a sign of improved consumer confidence, but it is a direct result of the artificially reduced interest rates. The buyers are savvy and recognize the value of their buying power due to the low interest rates If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 or homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com. I am a pet friendly realtor and I contribute a portion of my commissions to local animal rescue...
read moreThe Average Days on Market in Marina Del Rey CA is down by 44%
The Average Days on Market in Marina Del Rey, CA is down by 44%. That is clearly an indication of the fast paced activity of the Marina Del Rey Condominium Market. Coupled with Price increases of 5% month over month in January, then the fact that the Under Contract Activity has increased by 20%. Now add the fact that the days have decreased from 94 days on the market in January 2014 to 53 Days on the Market in January 2015 is virtually hard to fathom. Clearly the Buyers of Condominiums in Marina Del Rey are not hesitating but jumping in with confidence and knowledge of what is to come in the next few months. In Marina Del Rey, CA 90292 The Under Contract Properties, i.e.: the Condominiums are up by 20% year over year. In other word January 2014 vs. January 2015 there are 20% more properties in Pending status. This is a clear indication that in spite of the Price Increases the buyers see a value in purchasing Condominiums in Marina Del Rey,CA. 90292. Under Contract Property statistics are indication of how the next couple months will look like. To me it shows that even though it is still technically the winter, selling season is behaving as if it was the Spring Sales Market already. Not only is this a sign of improved consumer confidence, but it is a direct result of the artificially reduced interest rates. The buyers are savvy and recognize the value of their buying power due to the low interest rates If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 or homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com. I am a pet friendly realtor and I contribute a portion of my commissions to local animal rescue...
read moreIn Marina Del Rey,CA 90292 the Under Contract Properties are up by 20%
In Marina Del Rey, CA 90292 The Under Contract Properties, i.e.: the Condominiums are up by 20% year over year. In other word January 2014 vs. January 2015 there are 20% more properties in Pending status. This is a clear indication that in spite of the Price Increases the buyers see a value in purchasing Condominiums in Marina Del Rey,CA. 90292. Under Contract Property statistics are indication of how the next couple months will look like. To me it shows that even though it is still technically the winter, selling season is behaving as if it was the Spring Sales Market already. Not only is this a sign of improved consumer confidence, but it is a direct result of the artificially reduced interest rates. The buyers are savvy and recognize the value of their buying power due to the low interest rates If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 or homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com. I am a pet friendly realtor and I contribute a portion of my commissions to local animal rescue...
read moreThe Median Sold Price by Month in Marina Del Rey, CA 90292 is up by 5%
If you look at the Median Sold Price by Month in Marina Del Rey, CA, you will notice that in January 2014 the Median Sold Price was $775,000 for a Condominium. Now if you look at the Numbers for January 2015 you will notice that the Median Sold Price is $811,250. that is an upward change of $36,250. In other words that is an increase of 5%. Keep in mind these are all bedrooms not just one or two bedroom condominiums and it also includes all square Footage of living space. It is truly amazing. This is clearly an indication that Marina Del Rey, CA 90292 still have a huge desirability factor, in spite of all the construction and traffic jam, people do not mind as long as they can live near the Pacific Ocean. I have also notice there has been a significant increase in high end luxury vehicles driving on Via Marina.( I am referring to the $150,000 and up price tag range). If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 or homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com. I am a pet friendly realtor and I contribute a portion of my commissions to local animal rescue...
read moreThe importance of a Good Escrow Officer & Company can not be over emphasized!
The importance of a Good Escrow Officer & Company can not be over emphasized! A good Escrow Officer can navigate the transaction so that it becomes smooth sailing for both the buyers as well as the sellers. Not all Escrow Companies are created equal. Over the years I have found some fantastic Escrow Officers and being surrounded by an efficient team. Then again I also met many who were scary to work with. Inefficient, poor client service and lack of attention to detail. Not wanting to digress, so back to my story. When we represent the Buyers we have to often sacrifice the control of choosing the “right” Escrow Company, because we want the Buyer to get the Property. Due to this’ goal’ we might let the Listing Agent or the Seller Choose the Escrow Company and then we hope for the best that it will be a good one we end up with. Those of us who do a lot of transactions and are not strictly listing agents we get to meet all sorts of Escrow Companies and teams. When I represent the seller I am lucky I have two fantastic Escrow Officers and Companies that I can utilize and be one hundred per cent confident that we will have the best experience throughout the transaction. Needless to say there are certain activities that test my patience: 1. Lack of timely response to questions by the buyers, 2. Poor quality control and 3. Lack of awareness of timelines and deadlines. These three points can add some unnecessary challenges to a transaction. Keeping in mind the buyers and sellers are already stressed since generally it is the largest transaction of their life, so why create more stress? I am grateful that my clients are usually very gracious and handle adversity quite well. Part of this I attribute to the fact that they are seasoned professionals and few are first time buyers, rather they are move up or repeat buyers. The majority are Developers so they are used to these inefficiencies and the adversities that are thrown in front of them. If I work with first time buyers in the Greater Los Angeles area, I spend a great deal more time explaining how the process works and I try to manage their expectation and prepare them for the worst and then they can be thrilled when it turns out for the better. So if you are looking for smoother transaction in the Greater Los Angeles area, feel free to reach out to me and it does not matter if you are a buyer or a seller it will be a good experience. If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 or homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com. I am a pet friendly realtor and I contribute a portion of my commissions to local animal rescue organizations!...
read more6163 Temple Hill, View Lot in Hollywood Hills, CA 90068 SOLD!
6163 Temple Hill, View Lot in the Hollywood Hills, CA 90068 SOLD! Developers understand the luxury buyer’s mentality, the luxury buyer wants a hip cool and trendy home with an infinity pool and post card views of Downtown Los Angeles. Now to have views of Griffith Observatory is just a bonus. What will it take to get there? Well just a few things, a lot line adjustment, a lot split, hillside ordinance and two years worth of drama. So once all that is done there is a huge payday at the end of the rainbow. Look forward to following the trials and tribulations of this fantastic development project. Keep in mind this is not for everyone, you need to have a good eye for a property. A great vision with money and most of all you need perseverance to endure what the Los Angeles Building Department throws in your way as obstacles and challenges. If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 or homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com. I am a pet friendly realtor and I contribute a portion of my commissions to local animal rescue...
read moreDiamond Lane: The Definition of being in the lane which is reserved for two or more passanger in a vehicle…
Diamond Lane: the definition of being on the lane what is reserved for two or more passengers in the vehicle hence given the privilege of moving in a lane that is faster than the rest of the traffic. When I see individuals abusing this privileged my blood starts boiling. As I drive obeying the law I see these “entitled” individuals abusing the system. So I start wondering about a lot of things: Where is the Highway Patrol Officer when you need it? What are these people thinking? Why are they willing to risk over $270+ dollars to supposedly get 5 to 10 minutes sooner to their destination? Needless to say you get the idea. Most of all I wonder why Motor Cycle owners, drivers feel that they are above the law and do not need to follow the rules of the road? So this makes me wonder since I am a Realtor would you want someone to follow the rules and laws of all the Real Estate Laws and be protected from lawsuits, legal violations and I could go on and on? Or would you want someone who blatantly ignores the laws or is not familiar with the Real Estate Laws in your community? If you are looking for an honest, law abiding Realtor who will protect your interest, than reach out to me. I only drive in the Diamond Lane when I have a passenger in my car! Amazingly enough I also follow the latest Real Estate Laws in the Greater Los Angeles Area. If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 or homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com. I am a pet friendly realtor and I contribute a portion of my commissions to local animal rescue organizations!...
read more2811 Benedict Canyon Dr, Beverly Hills, CA 90210 JUST LISTED! Vacant Land $895,000.00!
2811 Benedict Canyon Dr. Beverly Hills, CA 90210 JUST LISTED! Fantastic BHPO view lot, one of the largest parcels of vacant land for a very reasonable price. Unbelievable Opportunity and seller will consider financing for two years with an option to extend if need be. Build your home or build a home for resale. The magnitude of the size of land opens this development opportunity to many possibilities including creating a mega mansion with panoramic views and a guest house to name a few. The property is around 1.46 acres, virtually unheard of in Beverly Hills PO. A developers Dream Opportunity, surrounded my multi million dollar homes in the highly desired area of Benedict Canyon right by Tennis Court Row. If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 or homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com. I am a pet friendly realtor and I contribute a portion of my commissions to local animal rescue...
read moreThe Staples Center downtown Los Angeles has always something to offer when it comes to Local Events
The Staples Center downtown Los Angeles has always something to offer when it comes to Local Events. Shortly after we arrived in Los Angeles I went to a Commercial Broker’s Breakfast, it was held downtown Los Angeles that is. Most of my fellow Realtors who have been around questioned my ’ thought process’ why would I pay for an expensive Breakfast especially driving to “downtown”. Then why would I go to a Commercial Broker’s gathering after all I am a Residential Realtor. This transplanted Realtor from Boston, MA wanted to know what direction the city is heading to. The speaker was Tim Leiweke I have referenced him in previous blog posts of mine, that the company he was then the CEO of (Anschutz Entertainment Group) would change and has changed the “Face of Downtown”. Needless to say I have benefited in many ways. I have learned what direction Los Angles was heading to and it was clear to me that there was a “revitalization” going on from the “old, run down and unsafe” Los Angeles Downtown to what it has turned into today. Multi-Million Dollar Condominiums are becoming the norm. In addition to it, I have represented buyers as well as sellers who saw this direction thanks to the vision of the Anschutz Entertainment Group under the leadership of Tim Leiweke, had I not went to this breakfast, I would have been like many people in the Greater Los Angeles area who are saying “…wow how did this happen…”, “…I did not see it coming…” So the Staple Center opened on October 17th 1999 and it is owned and operated by the L.A. Arena Company and Anschutz Entertainment Group. The arena is home to the Los Angeles Lakers and the Los Angeles Clippers of the National Basketball Association (NBA), the Los Angeles Kings of the National Hockey League (NHL), and the Los Angeles Sparks of the Women’s National Basketball Association (WNBA). The Los Angeles Avengers of the Arena Football League (AFL) So if you are looking for an Occasional Local Event to attend such as a Los Angeles Clipper game or a Los Angeles Lakers game it is well worth it. Clearly you will have a fantastic evening. I have attended on and off events like these over the years. The most memorable one, my regular readers might recall was the last “Rolling Stones Concert” at this great venue. Some people might recall when the Pop Icon Michael Jackson passed away they had a special ceremony at the Staple Center for him. The list is endless, any day you are looking to go to an event this is the place to check out. Even if you do not go to an event, just to walk around the grounds you will feel the energy. There are so many restaurants as you walk around the odds are you will develop an appetite and stay for dinner. So if you are looking to unwind during the weekend or even during a weekday this is the place to check out and see what is happening. If you are relocating from anywhere in the world you will get a good taste of what Los Angeles is like by spending time at and near the Staples Center. If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles,...
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