The Beverly Hills Real Estate blog for Thursday 2-28-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook at: http://youtu.be/oBnHPTp4dlo Thursday 77 and sunny.    Another Dodger preseason game TV on with Vin at noon and Tiger on TV too.  California delinquencies push short sales What’s in store for foreclosures and short sales in California?    This recovery is the real deal: still, some patience is required Poll: Do you expect wealthy taxpayers to flee the state due to Californias high income tax rate? Will the recovery be hampered by taxes in 2013?      Video of the Week: Senator Warren at Banking Committee Hearing Check out our new Video of the Week! Senator Elizabeth Warren grills U.S. bank regulators.    The votes are in... 02/28/2013

The Beverly Hills Real Estate blog for Wednesday 2-27-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook  http://youtu.be/cNQ1yoaB5U4 Wednesday 74 and sunny.    Another Dodger preseason game TV on with Vin tomorrow.  A Former Icahn Lieutenant and a Real Estate Giant Demand Change at ... New York Times A hedge fund run by a former lieutenant of Carl C. Icahn, the billionaire investor famous for clashing with management, has teamed up with a major real estate developer to push for change at CommonWealth REIT. See all stories on this topic Commercial real estate lender iStar posts wider loss Reuters Feb 26 (Reuters) - Commercial real estate lender iStar Financial Inc reported a seventh straight quarterly loss as it spends far m... 02/27/2013

The Beverly Hills Real Estate blog for Tuesday 2-26-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook http://youtu.be/DYX09fWkmMU Tuesday 73 and sunny.  Lakers drop one to Denver last night.  The Dodger preseason games on with Vin.  Today's real estate news  - Banks step up efforts to forgive mortgage debt in California - California home sales, prices dip in January - They bailed out on their homes - now they want back in MORE > January home sales and price report  A typical seasonal slowdown, combined with a scarcity of available homes for sale put a damper on the California housing market in January. MORE > 02/26/2013

The Beverly Hills Real Estate blog for Monday 2-25-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook http://www.youtube.com/watch?v=SawhKFHdgUc Monday 68 and sunny. Lakers win 3 in a row. The Oscars and Real Estate. Today's real estate news  - Banks step up efforts to forgive mortgage debt in California - California home sales, prices dip in January - They bailed out on their homes - now they want back in MORE > January home sales and price report  A typical seasonal slowdown, combined with a scarcity of available homes for sale put a damper on the California housing market in January. MORE > 02/25/2013

The Beverly Hills Real Estate blog for Friday 2-22-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook : http://youtu.be/0gSLJDCYmnY Friday 68 and sunny. Tiger, Rory among the “name” players eliminated in the Arizona desert.  64 and clouds.  Clippers routed by the Spurs. More news: Commercial Real Estate Forecast Update: 2013-2014 Forbes Commercial real estate continues to improve at a moderate pace, much in line with our previous forecast update from six months ago. The office market enjoyed “11 consecutive quarters of occupancy growth and eight straight quarters of rent increases,” ... See all stories on this topic Forbes Students vie in real estate competition Kansas City Star The Kansas City Star. Move over, Harvard and Y... 02/22/2013

The Beverly Hills Real Estate blog for Thursday 2-21-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook  http://youtu.be/ikN-evfpJms Thursday 64 and clouds. The Lakers rout Boston for Dr Buss. Snow interferes with PGA event. Lots of news. Today's real estate news  - Zombie foreclosures: Borrowers hit with debts that won't die - Housing starts fall sharply at start of year - New paper sheds light on extent of housing bubble fraud MORE > C.A.R. launches tool to help home buyers bridge down payment gap  Powerful search tool helps home buyers identify available mortgage programs in communities throughout the state. MORE > C.A.R. launches Finance Helpline  New member benefit helps California REALTORS who encounter difficulties wi... 02/21/2013

The Los Angeles real estate market is not one market.  Beverly Hills is a world apart from the rest of Los Angeles so it will be interesting to look at how Beverly Hills compares with L.A. County statistics and California as a whole.  The figures are based on the past three months, followed by the percentage change over the past year. Median Home Value Beverly Hills:  $1,757,030L.A. County:  $380,310California:  $318,360 Median Listing Price Beverly Hills:  $1,499,500L.A. County:  $339,000California:  $285,800 Median Days on the Market Beverly Hills:  145L.A. County:  161California:  175 12 Month Change in: Median Home Value Beverly Hills:  -5.8%L.A. County:  9%California:  11.3% Median Listing Price Beverly Hills:  25.1%L.A. County:  11.1%California:  7.9% Median Days on the Market Bev... 02/20/2013

Beverly Hills Real Estate blog for Tuesday 2-19-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook   http://youtu.be/Xq6kRqap8r4   Tuesday 57 clouds and rain.   Jerry Buss a legendary NBA owner passes at 80 yesterday.  The success of the league today can be attributed to Mr. Buss.  Home prices dont back speculation Poll: When will home prices return to the heights seen during the Millennium Boom? Home prices are rising, but is this another boom, or just a blip?    2013 economic forecast How will Californias economy affect the real estate market in 2013? Heres the answer, in eight charts.    Jobs not home prices heal the real estate market Only jobs sustain a housing recovery.    Weekly Statistical Update This week: The yield... 02/19/2013

Beverly Hills Real Estate blog for Monday 2-18-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook  http://youtu.be/0eqtBCk0T-A Monday and it’s a holiday. Today's real estate news  - Why some homeowners are turning down free money - Neighbors’ effect on appraisals - Freddie Mac: Housing still has "substantial" room to grow MORE > Atwater Village, West Hollywood, Westlake, Calabasas, Encino, Van Nuys, Studio City, North Hollywood, Universal City, Toluca Lake, Glendale, Pasadena, "Real Estate (Industry)", “Daily,” "California (US State)" , Hollywood Hills East and West, Los Feliz, Beverly Hills Real Estate News updated daily. 02/18/2013

Beverly Hills Real Estate blog for Friday 2-15-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook   http://youtu.be/TL6H5CbeJoI   Friday and it’s going to be 81. Golf from Riviera continues today and tomorrow we post the Open House Guide.    CFPB issues mortgage underwriting standards: down payment requirement to come Poll: What do you think the forthcoming QRM down payment requirements should be? Read first tuesday's alternate solution to QRM shock.    FHA nixes popular reverse mortgage program Why the program had to go, plus alternatives to reverse mortgages for your clients.      As BofAs mortgage share shrinks, will small banks pick up the remains? Poll: What percentage of your clients submits loan applications to local,... 02/15/2013

Beverly Hills Real Estate blog for Thursday 2-14-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook   http://youtu.be/THdej0wkDac    Thursday and  it’s going 75 and Valentines Day.  Lakers and Clippers tonight @ Staples Center. Golf from Riviera.    CFPB issues mortgage underwriting standards: down payment requirement to come Poll: What do you think the forthcoming QRM down payment requirements should be? Read first tuesday's alternate solution to QRM shock.    FHA nixes popular reverse mortgage program Why the program had to go, plus alternatives to reverse mortgages for your clients.      As BofAs mortgage share shrinks, will small banks pick up the remains? Poll: What percentage of your clients submits loan applications t... 02/14/2013

As a luxury real estate  marketing professional being "ultra" thoughtfull is a great differentiatior! Tomorrow is Valentine's Day, and bringing someone an unexpected chocolate treat will make them remember you for a long time. When Ron and I were working in commercial real estate in Beverly Hills,Beverly Hills adjacent, and the West Side of Los Angeles, we would pick up little treats for our meetings on Valentine's Day.  Tuescher-Chocolate of Switzerland in Beverly Hills was always one of our choices.  They make champagne truffles that will leave anyone speechless.   We took this shot of Tuescher's Valentine's Day window, yesterday in Beverly Hills.  Valentine's day is a perfect day for giving someone an unexpected treat.  It is one way of being ultra thoughtful.  What will you do tomo... 02/13/2013

Beverly Hills Real Estate blog for Wednesday 2-13-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook http://youtu.be/aUfNv999Tw4    Wednesday and near 70 tomorrow to be it’s going 75 and Valentines Day.  Lakers win.  Lots of news! Today's real estate news  - Homesellers boost their asking prices - Fee increases are making FHA mortgages more expensive - Foreclosures prevented with 850,000 mods, 422,000 short sales in 2012 MORE > C.A.R. rebuts LA Times Op-Ed that advocates eliminating MID   If the mortgage interest deduction is taken away, it would cost the average California taxpayer $3,940 annually, a substantial amount for those who need it the most. MORE > Fannie Mae short sale escalation update  Fannie Mae now allowing REA... 02/13/2013

Beverly Hills Real Estate blog for Tuesday 2-12-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook http://youtu.be/f1McC-Qt4is   Tuesday and near 70.  Lots of news! Today's real estate news  - Homesellers boost their asking prices - Fee increases are making FHA mortgages more expensive - Foreclosures prevented with 850,000 mods, 422,000 short sales in 2012 MORE > C.A.R. rebuts LA Times Op-Ed that advocates eliminating MID   If the mortgage interest deduction is taken away, it would cost the average California taxpayer $3,940 annually, a substantial amount for those who need it the most. MORE > Fannie Mae short sale escalation update  Fannie Mae now allowing REALTORS® to escalate problems with Fannie Mae short sales directly ... 02/12/2013

Beverly Hills Real Estate blog for Monday 2-11-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook http://youtu.be/zhwv9_rGEII Monday sunshine and 64.  Clippers  won and the Lakers lose yesterday. Today's real estate news  - A sign the housing recovery just might stick - Beware of "creative" descriptions of homes for sale - The best day to list a home is… MORE > Please e-mail us at: mrpk1@pacbell.net should you need immediate assistance. Have a great day. Atwater Village,, West Hollywood , Westlake, Calabasas, Encino, Van Nuys, Studio City, North Hollywood, Universal City, Toluca Lake, Glendale, Pasadena,"Real Estate (Industry)", Daily, "California (US State)" , Hollywood Hi... 02/11/2013

Beverly Hills Real Estate blog for Sunday 2-10-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook http://youtu.be/k2jfjA9dv7E Sunday sunshine and 59. Clippers and Lakers today on ABC. The final round from Pebble Beach. The Weekend Open House Guide. http://www.themls.com/wohg.cfm?DEBUG=0  If you have any question regarding buying or selling a property give us a call and well help you find a solution. Please e-mail us at: mrpk1@pacbell.net should you need immediate assistance. Have a great day. 02/10/2013

  Beverly Hills Real Estate blog for Saturday 2-9-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebookhttp://youtu.be/4gXG5IbXebE Saturday Sunny and 60. Lakers win Clippers lose. Golf from Pebble today. The Weekend Open House Guide. http://www.themls.com/wohg.cfm?DEBUG=0  If you have any question regarding buying or selling a property give us a call and well help you find a solution. Please e-mail us at: mrpk1@pacbell.net should you need immediate assistance. Have a great day. Atwater Village,, West Hollywood , Westlake, Calabasas, Encino, Van Nuys, Studio City, North Hollywood, Universal City, Toluca Lake, Glendale, Pasadena,"Real Estate (Industry)", Daily, "California (US St... 02/09/2013

The Beverly Hills Real Estate blog for Friday 2-8-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook  http://youtu.be/cKo2zFIbG1c Friday 58 showers in the morning, thunder storms in the afternoon a 60% chance of rain.   The Lakers lost to Boston last night.  The Lakers play again tonight as do the Clippers who will get smoked by Miami.  Golf from Pebble today. From the “I didn’t even know he was sick file:" Noted Real Estate Agent Donald Jackson Dies At 80 Hartford Courant Jackson got his start in the industry when a real estate company moved next door to the family-owned Jackson's Market on Oakland Street in South Windsor. Jackson's daughter, Karen Moya, said that her father, who worked as a meat cutter at the market, Tomor... 02/08/2013

The Beverly Hills Real Estate blog for Thursday 2-7-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook http://youtu.be/N3qCdvTYrho Thursday 62 Cloudy off and on.   The Clippers in Orlando won.  Lakers tonight. Golf from Pebble today. House Hunting in ... Portugal New York Times Portugal's property market is stable after several years of falling prices, said the head of the residential department for the Lisbon-based real estate firm Abacus Savills. After the financial crisis struck ... Today's real estate news  - Homeowners facing foreclosures should be wary of scams - Return of 100 percent financing Have a great day. Atwater Village,, West Hollywood , Westlake, Calabasas, Encino, Van Nuys, Studio City, North Hollywood, Univ... 02/07/2013

The Beverly Hills Real Estate blog for Wednesday 2-6-13 Welcome to the written blog and check out our video blog which is posted around noon time here or on Facebook  http://youtu.be/b4m2AExNAIo Wednesday 64 Cloudy.  Lakers win last night. The Clippers in Orlando. Today's real estate news  - Homeowners facing foreclosures should be wary of scams - Return of 100 percent financing Have a great day. 02/06/2013