Beverly Hills, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
I am so grateful for my clients who allowed me to get this award. As most of you know I am a workaholic. When I am not working, then I am cooking or shopping for the next meal and when I am not cooking then I am on Active Rain.Thank you Debe Maxwell, CRS  to inspire me to write a gratefulness post. As I mentioned I could be writing these posts every day. Now with that said, I received an email from our Office, and they wanted to Congratulate me for a job well done.Well in all fairness I seldom go in the office and when we have meetings I do it on Zoom. At least that is how it has been for the past three plus years thanks to the Pandemic Shutdown. I have not been to the awards ceremony gatherings now or for the past three years. Keep in mind I get awards every year. There are a few other...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Wordless Wednesdays: Interest rates make a huge difference, what a buyer's power is when it comes to purchasing a home. Now with that said please look at the photo. If you have monthly $4000.00 disposable income for purchasing a home, look at what a huge difference interest rates make.When the interest rates were at 3.25% you could have bought a home that was listed for $1,148,750.00 now if you have the same $4000.00 and the interest rate is at 8% you can buy a home for $681,250.00 a huge difference. Clearly it affects the affordability of a buyer.Now if you want to buy a more expensive home, please reach out to me and let's discuss how we can achieve that with the same $4000.00 I can help you negotiate a rate buy down with the seller. Wishing you a safe and healthy life and I look forw...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Monday Motivations & / or Observations: Frankenstein Revived... 'Frankenstein or The Modern Prometheus' a novel written by the English author Mary Shelly which tells the story of Victor Frankenstein, a young scientist who creates a creature in a scientific experiment.If you have not read the book the premise is that modern science, stripped from the constrains of ethics and morals and nature will end up creating monsters.Does this sound familiar? My point being, need to read history, learn from history and read historical novels, because if you do not you are going to be left behind and you do not understand Why and What happened.Think about today's world of Transgender Operations? How close is that to the 1918 novel?The message of my post is if you do not read history and do not learn ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
I love the opportunity to share Monday Motivations Posts. As far as I am concerned, they never get old, and no one gets tired of reading them.Now with that said how good are you remembering facts, figures, names and dates?How good you recalling entire conversations?There has been a book next to me that I seldom touch the title should inspire you:Double Your Brain Power, increase your memory by using all of your brain all the time!Hope I got your attention. The book was written my Jean Marie Stine published in 1997. Please tell me if this is not as timely today as it was then?"These days doubling your brain power isn't a tick, it's a necessity. In our competitive, high-tech, information-intensive society, brain power is the key to professional and personal achievement."Wishing you a safe...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Hope everyone who reads this post had a very Happy Halloween... I had a busy day and sadly just getting to celebrate Halloween with our furry family. Would you believe I did not even make dinner we all ate leftovers at our own pace? Totally out of character.I sent out this mailer a few years ago and I guess I should have sent it out this year too:).Just as I decorated a few years ago, maybe I should have decorated this year, but I did not. Again, all who read my post I hope you had a happy Halloween.   Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly! If you are looking for a pet frie...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Speechless Sunday gourmet cooking is like real estate... well those of you who read my blog posts understand, that I take my time, do my research and then replicate the best meals for being a home cook. I spend time energy in purchasing the best ingredients and then adding them into the meal. Some are hidden and totally unnoticed until the taste buds kick in and I get asked: wow how did you make this?Well, Real Estate is the same way, I take my time and do all the research to come up with the value of listing a vacant land in the greater Los Angeles area. Then when I sell it people ask well how did you do that?The short answer is it takes patience effort and energy and knowledge to come up with the right price that will make a challenging land sell. Same applies to cooking.Here I am mak...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
I always love to reflect, think and look back. Now with that said I also appreciate different perspectives and thoughts. My all-time favorite outside  from the Greeks and Romans has been Coach John Wooden. "...Early on I came to believe that you should learn as if you were going to live forever, and live as if you were going to die tomorrow..." Coach John Wooden"...People want to believe you are sincerely interested in them as persons, not just for what they can do for you. You can't fake it. If you don't mean it, they know it-just as you'd know if someone were pretending to be interested in you...   Coach John Wooden"... Why is it so hard for so many to realize that winners are usually the ones who work harder, work longer, and as a result, perform better..."  Coach John Wooden   Wishi...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Latest shipment of wine that Diane loves came and Jill felt obligated to guard them:) When Jill is not guarding the wine she keeps a close eye on the front door, unless she needs to stretch:) Just to be clear we have a dog and another cat too:) Wiley & Holly but they are sleeping on the bed. They know Jill is on the job:)) Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly! If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! If you are considering buying or selling a h...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Just curious what are your thought about the commission lawsuits.... yes, I know it is a bit controversial. Not wanting to influence your positions I will not divulge my position on it hence feel free to express your opinions, thoughts and input.No need to be politically cautious, I will not hold it against you if you do not agree with my views.Now with that said feel free to add your thoughts and views about this very sensitive real estate subject. My question is will this help the potential buyers and sellers or will it hurt them? Inquiring minds want to know. Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, pleas...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Some days we tend to be more philosophical than on other days. So, with that being said, let me share a few quotes, here with those who are inclined to read these quotes. “Do not grow old, no matter how long you live. Never cease to stand like curious children before the great mystery into which we were born.”   ~Albert Einstein “In the end, it’s not the years in your life that count.  It’s the life in your years.”  ~Abraham Lincoln“There is a fountain of youth: it is your mind, your talents, the creativity you bring to your life and the lives of people you love. When you learn to tap this source, you will truly have defeated age.” ~Sophia Loren“It's paradoxical that the idea of living a long life appeals to everyone, but the idea of getting old doesn't appeal to anyone.”― Andy Rooney “...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Well, here we are it is Friday the 13th, 2023, I read somewhere on the Internet that there are Real Estate Agents who are superstitious about this date. I had to smile having been a Realtor in two states and two major markets for going on 30 years I had to smile.... Really. Real Estate is about business that we need to share not passing emotional theatrics. So, with that said check out the facts:Fri Oct 13, 2023This week the median list price for Beverly Hills, CA 90210 is $9,945,000 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has increased to 152. The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index f...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
October CHALLENGE - Trick or Treat Time to Share, my attempt at re-blogging Leanne Smith  wonderful post. Needless to say, most of you know, I seldom do a re-blog and clearly it shows as my technical challenges prove it. Hence here is my version of the re-blog. Thank you, Leanne, for pulling me in as your second fiddler.In case you missed her post and wanted to participate please comment on her post and I challenge you to participate there is still time! --------- With Halloween just around the corner, Endre Barath, Jr. and Leanne Smith would like Active Rain Member to share their candy tidbits (knowledge) they have been treated to from other members and added to their "knowledge tidbit goodie bag." To achieve this challenge the following must be included: A minimum of 300 words with tw...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Throwback Thursdays: Some memories are not so much fun... Since the last three years I have been watching the market, reading experts' perception of what the Real Estate market is going to be like. All this so I can give good advice to my clients.Then, I was watching what the predictions of experts as to what are and will be the activity for the stock market as well as the economy.Now with that said the predictions, the prognosticators all had views & opinions.So, with that said hope you looked at my illustrations and will agree with me that as far as I know they were not fun memories for the past two or three years as to what the predictions and what the reality became.Stay focused on your goals and focus on what you need to do to continue to thrive in this market. Wishing you a safe a...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
As some of you know Diane was celebrating her Anniversary of 29 years living with me..... yes she deserved to have a late lunch at the Peninsula Hotel's Roof Top Restaurant in Beverly Hills.:)))The service was impeccable, and the food was top notch. Well, we had a scallop dish for starters.  Diane had fried COD and out of this world French fries.I had a grilled Hamachi, yes grilled most of the time I have it raw, so this was a first for me as well. The waiter was clarifying to me in case I did not read the menu properly.We could have stayed there all afternoon, but cat and dog duty bought us home. We are both looking forward to going back and trying a few other meals on the menu. The desert was a surprise from the staff!  Wishing you a safe and healthy life and I look forward to your co...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Welcome Fall! As we open the month of October, it remains critical to navigate the current real estate activity.  Indeed, there have been enormous fluctuations over the past year in both the commercial and residential sectors of the real estate market.   When we analyze real estate, the seasonal effect is always a factor to be considered. Customarily, there are fewer buyers and sellers from October to the end of the year due to various holidays and, in some areas of the country, weather.  And now we can add into that interest rates being at a 20+ year high at the mid- 7% range. Taking all of these factors into consideration, affordability is the biggest challenge for buyers nowadays. While we are not in a real estate crash, home prices are still high, relatively speaking. When looking a...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Today I received an email from Photobucket that the free platform is morphing over to a paid platform, monthly or yearly. So, a few emails back and forth I managed to get a seven-day reprieve to get my old photos off the platform.Sadly, most of the photos were HTTPs photos not jpg. but I managed to get them, anyway, this of course bought back fond memories.... our first cat we were blessed with in Los Angeles was Heidi.... we went to the Vet's Office with our dog from Boston also known as Jessebel and there was this scarred little cat no one wanted so the vets were giving it away. Yes, you guessed it we took her home. Diane named her Heidi because she was so scared and was hiding in out couch or anywhere no one could find her until she started trusting us.Anyway, you get the idea how gr...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Wordless Wednesdays: a great gift but what a disappointment... we often give gifts with good intentions, but there are times when the results are disappointing.I tried to re order some pretzels for Diane, but they were out of stock.... so with that said I moved on where everyone does Searched on the Internet and found another pretzel delivery service.The delivery was via Fed/ Ex and the package was covered with a couple of small ice packets... very tiny if you asked me. When I took it they were actually warm.... gratefully Diane did not open it up until a few days later.Now when she did open it up, her disappointment was huge the chocolate covered pretzels looked tired.... then there was one row, well see for yourself totally crumbled up.So glad I did not send this to a client. They wou...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Time Flies!  It is hard for me to imagine that Berkshire Hathaway HomeServices ("BHHS" f/k/a Prudential) is 10 years old! But indeed, it is! The Brokerages' first office was the Beverly Hills Office. I clearly remember the issues with the Prudential Licensing Name and the BHHS powers to be decided why bother negotiating with what could turn out to be a costly endeavor just to keep the Prudential name? Why not switch to a better, more widely recognized name since Home Services of America is a Berkshire Hathaway Company. At the time, leadership made the decision to assume all costs involved with switching the name on letterhead, business cards, signage, you name it. The magic transition date was September, 23, 2013. Certainly not an easy task, but the support was truly amazing.  The rest ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Do people read your posts? This question has always been a topic of discussion on Active Rain.  Yes, people do read your posts!  For those in doubt, let me share with you a an email I received just last week on a post that I wrote back in 2015  South Palm Drive  My post happened to have a very personal connection to someone, hence the email was very heartfelt. I include a portion of it here: We lived at XXX South Palm Drive in the early 1960s. My family then moved to XXX S. Bedford Drive...On a trip to Hawaii in the early 1990s, we stopped in LA and went to Beverly Hills to see the house at XXX S. Bedford Drive. It was more beautiful than I had remembered. We used to dive off the second floor into the pool much to my parents' dismay!  I was just a kid in love with outdoor living. It was...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Welcome to part 3 of 3 of my vacant land series posts.  I do hope you enjoyed them so far.  In case you missed them, I will put a link to the previous 2 at the bottom of this post.While building a home may seem like an economic alternative to buying a home in the greater Los Angeles area, one need be aware that there are many factors and costs involved with that alternative.Often, I'm asked about the price range potential builders may face when it comes to building a home on vacant land. Depending on the steepness or grading of the land itself, costs could vary from $250/square foot to $1300/square foot.  While this may seem hard to fathom, the finished product will be a lot less expensive than buying an already ready built home, not to mention you would be building something to your ow...
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