Beverly Hills, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
The best Marketing Enhancer Purchase I have ever made!I have been busy with all my listings and prepping for my duties in Paris  with the great Chef Alain Ducasse.  Hence, I did not have  much time to focus on my own purchase from the  Active Rain point store. Now with that said, let me tell you what my purchase will be.Keeping in mind, I eat and sleep Real Estate in the Greater Los Angeles area. As listings are becoming more competitive,  it is important to have an edge over the competition. Hence when it comes to  getting the Luxury home listings in Bel Air, CA 90077 and in Beverly Hills, CA 90210  we need to show off our marketing skills.The sellers are now focusing on what is our marketing strategy and how is better than our competition. Gone are the days when we told the sellers we...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
When it comes to sales, what is really going on in the Greater Los Angeles and Beverly Hills Real Estate markets? Observations by a Beverly Hills Realtor.Today I received an email link from one of my concerned client’s. The link was giving the gloom and doom headline along with several cut and pastes taken from the National Association of Realtors (NAR’s) statistics to substantiate the message. See for yourself as I have highlighted the gist of it here:“Price reductions 29% since last month” and “Sales are down since last month”This headline in itself does not put things in proper perspective since pre-Pandemic shutdown these were the standard prices and sales statistics. As a Beverly Hills Realtor, for the past two years I have been joking that the world is coming to an end, but real e...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
There are some days you just have to chill and listen to Andre' Rieu... If you never heard him here is your opportunity. I find him very relaxing and when I am about to or do rant about various subjects I decide to go on Utube  and listen to some of his music and amazingly enough the calm returns.https://www.youtube.com/watch?v=XPSBLFhz8i8    (The Blue Danube by Johann Strauss)So why I do not do it more often I am blaming myself... So with that said here are a few links hope you enjoy them as much as I do.https://www.youtube.com/watch?v=x3aGlKYlEiY  (you never walk alone) I am always amazed that the crowd who comes to see Andre' Rieu reaches all generations. Funny part is he does not seem to age. He looked as old as I watched him thirty years ago:)https://www.youtube.com/watch?v=jtM519L...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Beverly Hills, CA 90210Tue Jul 05 2022This week the median list price for Beverly Hills, CA 90210 is $11,995,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has increased to 163.  The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing. Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels. Market Segments Each segment below represents approximately 25% of the market ordered by price. Median Price Sq. Ft. Lot Size Beds Bath Age Ne...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Depending on what part of the country you live, you’ve undoubtedly noticed that the market is shifting to either a balanced or a buyer’s market. Media headlines and information only add to the confusion.  Hence, we are all left with many variables and a great deal of mixed messages.  None of this affects the savvy buyers who see this as an advantageous negotiation tool since there is less competition and sellers of course also understand that there are fewer buyers out there. The flood of information is amazing, all you have to do is look in your email inbox, and it is filled with mixed messages and mixed signals. Every day I am flooded with emails from gurus who want to teach me how to get more buyers or sellers. I’m “guaranteed” to get my money back thanks to the monthly  and annual g...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Wordless Wednesdays: Tunisian Couscous with Shrimp... if you are interested let me know and I will provide the Recipe. In the mean time wishing you a fabulous rest of the week 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 home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century Cit...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Well I can relate to this face as the prices were increasing by the minute we never knew if the Appraisal would come in at the $250,000 over bid on a property that was well priced.Now that our market is moving from a Seller's Market to not a Balanced Market, but a Buyer's Market. I thought this picture would clearly represent where we will be in the next few months.Hope you enjoyed some Real Estate Humor.   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...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
This meal was inspired by Alfred Portale and his recipe from the Gotham Bar & Grill Cookbook. Let me know what you think.The ingredients are:  1. Persian Cucumber                                        2. Half a Japanese Cucumber                                        3. 8-10 Marinated Olives                                        4. One fresh Avocado                                        5. about six or eight San Marzano tomatoes                                        6. Toasted Bread/ Croutons more to taste                                        7.  Italian Jar salad dressing to taste ( he used a different                                                     dressing)                                        8. Lemon juice about two table spoons.                                        9...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Do you know what happened  on June 6th, 1944?  Does Operation Overlord mean anything to you?To history buffs and patriots June 6th means the Airborne operation and  the Allied invasion of Normandy  which began  on June 6th at 6:30 am local time. Also known as Operation Overlord during World War II, more recognizable and known as D-Day. In case you did not know this was the largest seaborne invasion in  the history of the world.Things never go as planned there were a lot of casualties. Sadly, despite all the planning and prepping including Naval artillery and Air Force bombings the estimated allied casualties were at least 10,000 and confirmed dead of 4,414 the first day.In honor of all these soldiers who lost their lives I wanted to thank them and salute them. At the same time, I wanted...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
This post was inspired by the  numerous questions on my post  what I cooked from the Quaglino's Cook book. (In case you missed that post here it is for your convenience  In Honor of the Queens Platinum Jubilee   ) Over the years I made a few recipes from the cookbook. Hence I asked Diane what she would like? I pointed out the Scallops with Roasted Tomatoes recipe and she was sold on it.Keep in mind she wanted to go to Manhattan Beach to one of our favorite Independent Book Stores PAGES. From there to go to the Redondo Beach Pier where I buy most of my fresh seafood is a skip hop. Yes I bought large fresh scallops and a few other items for next day or two's dinners.Anyway I am digressing, so with that said lets focus on the recipe:The key is to have super fresh scallops, never use frozen...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
The Queen’s Jubilee is being celebrated  to mark the 70th anniversary of her taking the throne…Let me just say, time flies when you are having fun. This  event reminded me when Diane and I went to Quaglino’s for dinner. The year was 1996, all our Gourmet  Foodie friends who have been there suggested, to make reservations for a Midnight Dinner. Yes, those were the days when I could go with Diane to dinner and eat at 10pm or later. Keep in mind, we were   a bit younger, and it was not unusual for me to make dinner after 10pm. I even had the nick name of “the midnight chef” but I am digressing.Quag’s as the locals call it opened in the 1929 and in the 1930’s it was the place to go to see and to be seen and eat a fantastic meal at the same time. The place boasted of Midnight Jazz and a fant...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Motivational Posts can be written on Tuesday too, not just on Mondays! I love motivational Quotes, many people write Motivational Posts on Mondays, I opted not to write one this past Monday, clearly to respect those who have given their lives so we can write motivations post and live our lives to the fullest. Just to be clear I have always been a fan of Ralph Waldo Emerson and many people quote him daily. If you can get your hands on one of his most famous books, I promise it will change your life. The book is "Self-Reliance"Well with that said these two images came to me the other day and I could hardly wait to share them with those of you who read my posts. To me books are the ultimate Luxury.If you loved them as much as I did please feel free to leave comments on this thread.  Wishin...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
When you can only eat soft food: How about baked  Mediterranean Ricotta Muffins? Diane had some serious Dental work done and can only eat soft stuff.  Well I decided tonight to make Ricotta Muffins. Takes a little prep work but well worth the finished product.I decided to do two types of Mediterranean Ricotta Muffins: small and large. Well see for yourself.Ingredients:    2 cups of ricotta cheese                           4 eggs                           3+/- sun-dried tomatoes in oil (chopped)                            2 tsp. capers         (chopped)                            2 table spoon of black olives   (chopped)                            butter to grease the muffin trays  or muffin papers I prefer butter     I do not use salt or pepper so use as you like... I do not use hot sau...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Happy Wednesday: It is National Wine Day! Raise a glass to celebrate this great day. In our household every day is National Wine Day😉! Now if you  are not a Wine drinker maybe it is a good day to start becoming one😆!Since it is National Wine Day have a glass or two, just remember it is Wednesday and you might have more work to do on Thursday:)))))))Just to be clear I love who ever came up with this idea, I am sure more people will be having a glass of wine today. Keep in mind it does not matter if you drink white, rose or red. Just Celebrate it!  Be careful do not celebrate too much if you have to drive or get up early tomorrow. 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 Beverl...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Congratulations to the West Point  Class of 2022 aka, USMA Graduates.  That is the United States Military Academy Graduates of 2022. Now you are Second Lieutenants in the United States Army!I remember always wanting to get out into "the real world" well now you got your wish CONGRATULATIONS! The hard part just begins. How appropriate that Graduation was on Armed Forces Day!!Wishing you success in your Military Career and your future endeavors! Hard to believe time flies you will be looking back and 45 years just flew by. 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 loo...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
What are the root causes of inflation and how does it relate to Real Estate? No, this is not a political post; rather it is my attempt at a simplified explanation of what causes “inflation” and how it effects the Real Estate Market. The post was inspired by many people asking my thoughts on what will happen to the Real Estate Market. Not wanting to give an off the cuff answer that I do not have a crystal ball, I thought a more beneficial look would be to write this post.We all see it at the gas pumps, the grocery stores and the list goes on and on. So, how does “Inflation” relate in terms of real estate? Milton Friedman explained it years ago when he said “Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase i...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
This question was asked by one of my  potential land buyers: Should  I  be buying Land in the greater Los Angeles area, or  should I be buying  land in the Metaverse? I hear there is a huge  real estate boom in the Metaverse.  What should I do?  My answer was not what you would expect: There are risks and rewards for both.Call me old fashioned, someone who has been around a long time. I prefer to buy something tangible, such as a vacant lot in the greater Los Angeles area. I remember when people were buying land on the Moon. Seriously, I was a young kid, and I just scratched my head, and  I did not think it was a good idea. This is the same view I have  today of buying land in the Metaverse.Now, just to be clear, every person who bought land in Los Angeles twenty-five years ago and eith...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
This post was inspired by Kathy Streib  & Carol Williams   the two hosts of this  Active Rain Challenge to get to know us better. I decided to participate when I read Anna Banana Kruchten CRS, Phoenix Broker  post.Those  of you who read my  posts consistently, know  that I am an 'open book'. Now with that said not sure how much more you might learn about me, but here it goes anyway. If you found something 'new about me that you did not know' enjoy and feel free to comment : 1. What was your first job and what did you learn from it? I was in eight grade grammar school, on Saturdays I worked as a factory cleaner for four hours. I learned that I would rather be the best student and never have to do manual labor for a living. Thank you, mom, for helping me get my first job. How long have yo...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Top One Hundred for Transactions: Berkshire Hathaway 1st Qtr. 2022 Los Angeles, Orange & Santa Barbara Counties. I am so thrilled, it was barely two weeks ago when Berkshire Hathaway announced the Top One Hundred for Transactions for the 2021 year.Here I am starting out the year strong, thank you to all my clients who helped me achieve this milestone.If you are looking for a Relocations Specialist who is fluent in German & Hungarian to name a few languages, please reach out to me.  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 Re...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
A Market snap shot for Beverly Hills, CA 90210. Seldom do I write Market Snap Shots. Now with that said I have been asked more than the usual times: How is the Beverly Hills, CA 90210 Market doing?My favorite platform is Altos Research to get up to date information,  or the Multiple Listing Service (MLS)  Statistics. Keep in mind the information from Altos includes 'off market' transactions too, hence it gives a better picture than just the MLS statistics.So with that said:   Sun May 01 2022This week the median list price for Beverly Hills, CA 90210 is $13,700,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has increased to 122.Market Action IndexThis answers “How’s the Market?” by comparing rate of sales ve...
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