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Beverly Hills, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Did you know that today we have a Super Sturegon Moon?The first Full Moon is on August 1st, 2023 and is better known as the Sturegeon Moon. Now you might as why? well because it is near Earth in its orbit which astronomers call perigee also known as the Supermoon.In case you are wondering the Sturgeon Supermoon – derives from the fish that was once plentiful in rivers and lakes at this time of the year.Particularly abundant around the Great Lakes along the border between the United States and Canada, the freshwater lake sturgeon was an essential food source for the Native American Algonquin tribe.I took a couple pictures with my phone but I am confident it is nowhere near how it looked when I took Holly for her evening stroll.Wishing you a safe and healthy life and I look forward to you...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
I have said this before and probably over the past 27 years, I am so grateful for my clients, especially those who take the time out of their busy lives to comment and express what they thought of my service. This is the second sale I have managed to complete for my client, I am so grateful and apricate the trouble he took to write this review. THANK YOU SO MUCH!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 y...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
What will be like for the second half of 2023 in Real Estate? Observations from a Beverly Hills Realtor: Endre Barath, Jr.Currently, the number one question I am asked by Sellers in the greater Los Angeles area is "when do you think interest rates will come down from the elevated 7+ percent so we can sell this home and buy another?" Keep in mind, these are sellers who are considering downsizing, but downsizing does not pencil for them because of the affordability issues.  On the other hand, I also have Sellers who have outgrown their current home and face the same challenge. Hence, these Sellers remain in their current home waiting and hoping that interest rates will come down.As we approach the end of July with a mere five months to go before 2023 comes to a close, what does my crystal...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Do you wish you could think faster, remember more?... I am all about this... I watch and try to identify hidden meaning in people's conversation.Why did they say that? How can I understand that? Well, I consider myself a successful Beverly Hills Realtor and it is because I watch what people say, what people do and how they react when I speak.What do I do? I try to use my brain more efficiently. These days of increasing your brain power is not a trick it is an absolute necessity.Most of you might recall reading or hearing that most humans only use 10 per cent of their brains. This is such a scary thought, as far as I am concerned.Why are we not good at remembering things? Why are we not faster thinkers? Why are we not better at understanding things? Why do we not use only 10 per cent of ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Did you know which generation was the largess homebuyer? Between July 2021 and July 2022 of surveyed homebuyers the Baby Boomers were the majority of buyers.Now with that said this post was inspired by a comment from Brian England  to someone's post. I target the largest group of buyers and sellers hence I am always successful.Now with that said, I am old school and I put fresh business cards in my shirt pocket when I go out from my home. No it is not the stale ones in my wallet. :)) 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 ...
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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 six month of 2023 is almost in the rearview mirror. I am always and have been self-motivated, there are times when I am lost for words how to share my self-motivation to my friends and followers and those who read my posts on a consistent basis. I have been very busy lately and the results are there to show it. I am very thankful for how this year has been and I feel bad for those who are not doing as well as I am.So, with that said I reached into my library and took out some books that needed dusting off. Now with that said, note to self, maybe I should take time and read these great books. In the meantime, let me share a few quotes.“…Stop blaming circumstances for your situation. It’s not the rain, or the car or the phone, or the product- it’s YOU. You have a choice ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
What to do when inventory is tight in the Real Estate Market. Observations by a Beverly Hills Realtor.This is a common thought of real estate agents experiencing a downturn of the housing market for the first time.  Life has shown me that many people believe real estate is easy money - I'm sure everyone here has family and friends that think you are rolling in the dough even though you may not be heading off to an office job Monday through Friday.  A few people I know even went so far as to get their licenses; when things turned out not quite as they imagined, however, they quickly became frustrated and began looking for solutions.  Keeping all of this in mind, there are also quite a few different groups who want to take advantage of this situation, particularly targeting agents who hav...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Snow Fire  a novel by  Ricki Eichler McCallum  Book Review by Endre BarathAs most of my readers know, having read my posts, I am book lover and sadly have become more of a book collector, not a reader as I once was, thanks to the Internet and social media.  One of our Active Rain friends has become a published author - I'm sure everyone will join me in wishing her heartfelt congratulations on this amazing accomplishment.  Since I'm never in my Beverly Hills office, opting to work from home well before the pandemic made this more of a 'novel' concept, I was unaware that Ricki had sent a copy of her book to my office. After a fair amount of time, understandably Ricki Eichler McCallum  reached out to me and asked if I had received her book. I was so glad she reached out to me and once she ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
More observations by a Beverly Hills Realtor: Endre Barath, Jr... As we rapidly approach the middle of the month, we also approach the second half of the year - hard as this is to believe.  This year has certainly been a strange year when it comes to Real Estate Activity.  Inventory, or the lack thereof, has translated to fewer sales while housing demand has been higher than what the talking heads had been expecting in spite of their misleading headlines.  The reality is that there are fewer buyers thanks to higher interest rates. My observation is that the powers to be have miscalculated by tightening the money supply for potential buyers; while they thought it would bring home prices down, in reality when 75% of homeowners have mortgage interest rates hovering between 3 and 4 percent,...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Observations from a Beverly Hills Realtor Endre Barath, Jr. and why I have a great many growing concerns over artificial intelligence (AI)This post was inspired by an Active Rain Challenge by Kat Palmiotti I'll start out by saying that I am not against the principle of technology (and will take it a step further by saying how much online shopping I do). When the Internet and the advent of email first came about and people got comfortable with it, my life as a Realtor became incredibly easier.  I'm sure those that have been Realtors as long as I have will agree.  Who remembers trudging from one real estate office to another, notepad in hand to get the inventory from agents?  How about when the "big book” was introduced and listings were printed with the agent’s name and phone number. Hen...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Speechless Sunday: Repurposing is important. Having grown up with parents who have been up and down the economic ladder, I learned that repurposing is important.Perfect example is this fantastic Jar great to get the benefit of what is inside and then all you have to do is clean it out and is perfect for other benefits as well.Just ask anyone who read my post you can even use it as a stemless wine glass:)) 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 c...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
 “Meditations” by Marcus Aurelius is my go-to book any time of the day. As some of you that know me well are aware, I keep the book “Meditations” by Marcus Aurelius within hand reach on my desk.  I find inspiration, solace and peace whenever I read a few quotes or chapters from this book.  You may or may not know that this Roman Emperor had no intention of publishing his great philosophical diary; instead, Marcus Aurelius wrote this for himself. It reminds me of being on our Active Rain platform.  We write for various reasons, sometimes to get future business and sometimes to get recognition from our fellow realtors on our achievements.  We also write to build connections and form referral relationships.  Over the years I have noticed that in spite of how the platform changed, friendshi...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Memorial Day: Remember & Honor those who gave the ultimate sacrifice....As most of you know Memorial Day is a federal holiday which honors and remembers the men and women who gave the ultimate sacrifice while serving in the U. S. Military. It is observed every year on the last Monday of May.Seems like almost every year I write a post and the message is always the same please do not confuse Memorial Day with Veterans Day. I decided this year to write it sooner than later to get the word out.Here are some interesting historical facts about Memorial Day: Memorial Day began as Decoration Day and was started on May 5th, 1868. Memorial Day has only been observed on the last Monday of May since 1971. Memorial Day has its own unique flag etiquette. Waterloo, New York is considered the birthplac...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Market Observations by a Beverly Hills Realtor: Endre Barath, Jr.We are living in very interesting times to say the least. The greater Los Angeles real estate inventory has been shrinking year over year. Generally speaking, that translates to rising home prices. Now to complicate matters there are fewer buyers in the market due to interest rate increases. Hence there is a tug-a-war between the few sellers and the few buyers.Hence, I find that it is very important to watch the inventory, the pending as well as the daily fluctuation of the interest rates. This combination makes it critically important to price a new listing properly if the seller wants it sold rather than have it linger on the market.Then add to the mix the external factors such as News Headlines, bank failures, talk of r...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
I was devastated to read this:  The lauded chef and restaurateur is closing his Jean-Georges restaurant in Beverly Hills, Eater L.A. reported on Monday. The fine- dining spot inside the Waldorf Astoria hotel will be calling it quits this week, with a new restaurant already slated to take over the space starting May 12.So, with that said I pulled out my cookbook on Wednesday and decided to make a meal from his cookbook. Yes, you guessed it Diane was thrilled. to get a Michelin rated meal on a weeknight such as this past Thursday. All thanks to reading this sad news.What is this? Well, it is a modification of his Sticky Rice recipe in Bana leaves! I did not have banana leaves so I substituted corn husks instead and added the rice wrapped in Seaweed. The vegetables were a takeoff on his As...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
 A Real Estate Forecast from a Beverly Hills Realtor: Endre Barath, Jr.... First up, in case you missed it, the Federal Reserve raised the interest rates by .25 % making it more challenging to secure a loan. Since Borrowers will have even more stringent terms (in addition to the higher interest rates) all this points to less loans, thus fewer home buyers.  Let's add to this mix the shortage of Spring housing inventory; what does this mean for the Real Estate Market? We are already at 6.55% which makes ‘affordability’ difficult; add the recent rate hike to this and the difficulty of buying a home only becomes harder to achieve than before. By having less sellers and buyers does not accomplish what the Fed claims it is trying to achieve. They are attempting to slow down price increases fo...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Wordless Wednesday: Sprinkles Cupcakes... well Diane felt bad that I had to deal with picking up 60 lbs. of Dog & Cat food and decided to reward me with a couple cupcakes.This was the dark chocolate one. Now if you are in Beverly Hills do stop in and you will not be disappointed. Keep in mind the prices are Beverly Hills not other parts of the US of A:))Now keep in mind I did not post the last picture, but the only thing was left was the paper:))) 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 m...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
I was honored to be named in the Top 100 Berkshire Hathaway Realtors in three counties of California for the 1st Quarter of 2023! Not only for Production but for Transactions as well, I am thrilled to share this news with all my readers.Keep in mind this is amongst all Berkshire Hathaway Realtors in three counties, Los Angeles, Ventura and Santa Barbara counties County, Well for Production I was 79th out of 100!And for Transactions I was 98th out of 100!Now with that said if you are looking for a hard-working successful Realtor, please reach out to me directly or if you have a client you would like to refer to me I will be happy to help your client out.Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-orient...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Real Estate Market Observations by a Beverly Hills Realtor, Endre Barath, Jr.  Depending upon location and price point of your new home search in the Greater Los Angeles area, it could very well feel as if it is a seller’s market. This is strictly due to the simple economic principle of Supply and Demand - when there are more buyers than listings, that is what happens.  Let's not forget to add to the mix that when interest rates drop, more buyers can afford to buy based on their income.   Clearly buyers are closely watching, and when a well-priced home comes on the market, the savvy buyer jumps on it right away. What types of homes are quickly selling? The answer is relatively easy when you think about it.   The house that is well staged, well priced and appears "move in ready" is typic...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
I have said this before, and I will say it again.:"...The unexamined life is not worth living..." Socrates (in case you are not familiar with the name, a philosopher said this 5 centuries before Christ was born.)"...If someone can prove me wrong and show me my mistake in any thought or action. I shall gladly change.  I seek the truth, which never harmed anyone:  the harm is to persist in one's own self-deception and ignorance..." Marcus Aurelius a Roman Emperor and Philosopher I read and follow every day of my life.".... actively seek new ideas and experiences: open your mind. Try doing things you've never done before, sample food you 've never eaten, go place you've never seen..."    Tom Hopkins   one of my favorite sales motivate strategies and techniques advisors,   Wishing you a saf...
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