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Los Angeles, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Lemon, Avocado, Bucatini & Shrimp pasta dinner... this dinner was inspired, because Diane wanted a break from " Red Sauce so with that said I reached into my cookbooks and found this recipe in one of my favorite cookbooks: "Pasta Modern." Those of you who read my posts know I would end up modifying the recipe to make it my own.Well, I did the short recipe, lemon, lemon zest, shrimp, avocado and lemon juice.My additions, fresh parsley, clam juice, little bit of heavy cream and a lot more wine:). I also added little bit of heavy cream and substituted red onions with sweet onions as well as added some baby spinach,  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...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
My latest version of a corn chowder with clams... I have been a huge fan of fresh corn and other ingredients to make the Chowder. This time I decided instead of the canned minced clams why not go with the Wild For clam meat version.All I can say is once you switch to this you will never go back to the canned minced clams.You can actually taste the clams, and it was a hit. Tonight's easy dinner, since I had a really challenging day. Some day I might post about it. In the mean time enjoy the Clam/Corn Chowder. 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 pe...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Wordless Wednesdays: Citrus Tree pruning in the back yard... Diane decided to prune the trees. Needless to say, she has been coordinating with our Gardner to do this. Hence, I was stuck dealing with them.They showed up in the afternoon while I was in the middle of keeping one deal together and negotiating two other deal.Next thing I know is they are putting cut branches into the "trash" barrel after they filled the "Green Barrel."  after they left, I was trying to salvage many of the oranges. Clearly you know for future Orange Juice.... Needless to say, managed to save some but what you see here was probably 50% the rest were lost!    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 ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Just for fun: I do not mind sharing our oranges with the Squirrels what I mind is if they are wasting the oranges.Well, see for yourself.I make fresh squeezed orange juice every other day and Diane I love drinking it. Now days here to get a quart like I squeeze can cost anywhere from $5.99 to $8.99 and for me it is 20 minutes, worth of work. I hate waste, I guess I grew up with parents who were born before or during the depression and I learned to be frugal about certain things.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 Realto...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
How to get an offer accepted? Use a Realtor! I wrote this post a while back and now after reading it I find it how true this post was then and how it is timeless now.Many buyers are asking on various Internet portals how to get an offer accepted.  My answer has not changed and the answer  is still the same:  That is easy, use a Realtor. The multiple offer phenomenons have returned in certain markets. Where is that? The areas are in the Short sale and Bank-owned property. This market is smoking. (Ironically this statement has expanded to all properties) I have buyers who have submitted at least 15 offers. Forget low balls, think full price and above asking price. Then why is my offer still not accepted? Buyers ask these questions. How is it that the lower priced offer got accepted? The a...
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By Sally and Ron Morillo
(Secure Choice / RMC Funding)
No Present Alternatives to FHA Loans - Los Angeles, California FHA loans provide safe home loan alternatives to credit-damaged or down-payment challenged borrowers. Now that subprime loans are a thing of the past, the real estate industry focus needs to be on having a source of purchase money available and for the long-term viability of such a source. The FHA loan program has been developed for individuals with less-than-perfect credit to get a home loan. The net FHA benefit is that affordable mortgages are made accessible to a greater number of would-be borrowers. FHA loans are originated by commercial lenders just like any other home loan mortgage, but they are insured by the FHA. In return for this insurance, FHA loan borrowers pay a small percentage to the FHA each month as well as...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
I just discovered a new member's post  on Active Rain. Eric LoVecchio of Keller Williams Los Feliz,CA. He compiled a fantastic "list of green links" if you need anything green related check it out  please. Here is the link:  http://activerain.com/blogsview/1447364/some-very-cool-green-construction-renovation-links Also while you at it give him a great welcome to the community, he looks like someone who will bring us good information. Should you need a vacant lot to build your Green Home, keep me in mind If you are a consumer  who is considering buying  or selling  a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give m...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
There is a new venture in Los Angeles offering tours through Los Angeles gang turf. These are high end specialty tours of top crime scene areas of South Central Los Angeles.  The first tour on January 16th was sold out!  Passengers received a discount of $35 on the regular $100 per head ticket and signed waivers that they were aware they could become crime victims and agreed to put themselves in the hands of ex-gang members who had negotiated a cease-fire in the most violent gang area in the U.S.The objective of these tours, which are scheduled to run once a month, is to create jobs for residents of South Central and to inject money back into the community. It also promotes the continuation of a cease fire in certain designated areas in exchange for the tour operators hiring some of the...
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By Michelle Minch, Home Staging Los Angeles and Orange County, CA
(Moving Mountains Design Home Staging, Pasadena, CA)
I got a Los Angeles home staging job today, and it was one of the easiest jobs I have ever gotten. I did not know the agent - I had never worked with her or met her before. She got my name from another Realtor in her office who receives my email newsletter. This Realtor was looking for a home stager in Los Angeles because she was listing one of her own investment properties. She knew the fastest way to get it sold was to stage it. What did I do to get this job so easily? I responded to the Realtor's email promtly I responded with the information she had requested I anticipated her additional questions and included that information in my response My response was professional - it came from a professional sounding email address Michelle@MovingMountainsDesign.com and I have a professional ...
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By Matt Sweeney, Rich Kids Real Estate
(Rich Kids Real Estate: The Brokerage)
Rich kids new to LA - when it rains here, it's not like your average run of the mill rain you get back east or in the Midwest. A week of substantial rain in Los Angeles is equal to a blizzard or other severe inclimate weather elsewhere. The city (and people for that matter) are simply not equipped to handle vast amounts of rain. At the very worst, this is when mud slides can occur, flooding, etc. More likely however, you are going to have to deal with horrific drivers on the road. Because rain is so unusual in our sun drenched playground, oil and other slippery substances build up on the roads/freeways making driving extra treacherous. A friend of mine once said that if you spill a coke on the freeway, it's enough to cause an accident - he wasn't far off. In other words, be safe, drive ...
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By Matt Sweeney, Rich Kids Real Estate
(Rich Kids Real Estate: The Brokerage)
It's pretty rare to find a home in LA that has been updated (or mostly updated), done well, and has a pool for under 1 million that is actually in an area that you'd want to live. When I saw this house hit the market, my first question was, "what's wrong with it." It turns out that a good friend of mine was the listing agent to the previous owners and he said to me that this house is absolutely one of the best deals on the market right now. Once I took a look, I had to agree with him. Tucked away off of Beachwood Canyon and hidden behind lots of privacy shrubbery, it's not apparent the gem that lies within. For all you architecture buffs, the house was done by Robert Marks who was a student of mid century guru Lloyd Wright. The home's well proportioned rooms take on a "hexagonal form" a...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Happy Saturday everyone! I have enjoyed another great morning with my family and am still recovering on my lazyboy. I am expected to get back to action this coming week. Well, I can work at my office but the Dr. will not allow me to do showings yet :( Tomorrow, Westside Properties will be hosting a couple of open houses:     Luxury malibu Estate!Ocean Views! 1-acre Lot Pacific Palisades Colonial Estate1st Time on Market EVER!  Both open houses are Sunday 1-4pm. Click on a picture for more details Here are a couple of events that you may be interested today:   Movits - Sat, 1/23/10 Music Events, Events, Performing Arts Events Spaceland - 1717 Silver Lake Blvd, Los Angeles, CA     A Midsummer Night's Dream the Waiting Room - Sat, 3/20/10 Theatre Events, Events, Performing Arts Events CSUN...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Whether you're in foreclosure now or worried about it in the future, we have information that can help. Get Help Now!   Talk to a foreclosure avoidance counselor   Talk to your lender   Find state and local foreclosure resources   Contact HOPE NOW   Keep Your Home   Are you at risk of foreclosure?   Tips for avoiding foreclosure   Foreclosure scams   Refinance Options   Making Home Affordable Program   Learn about HOPE for Homeowners   Who to call when a lender won’t work with you   If You Can't Keep Your Home   Redemption period - your last chance to save your home   Local renting resources   Rental assistance   Relocation resources   U.S. Postal Service Movers Guide   Search for homes in your city: PACIFIC PALISADES - SANTA MONICA - MALIBU - BRENTWOOD BEVERLY HILLS - WESTWOOD/CENTURY...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
Brentwood is one of the upscale neighborhoods in Los Angeles.  It is a mix of some of the most expensive homes in the Los Angeles area down to apartment living. The statistics below are taken directly from the MLS and are for single family homes.  They also don't take into consideration condos, income property and private sales. There were 24 sales in the month of December. The most expensive home sold was $5,600,000 in the hills and the least expensive was $865,000 in the flats. There were only 9 sales in December '08. The median sales price was $1,767,500 approximately an 18% increase over December '08. Sales price received versus listing price was $92.4%, down 3% from December '08. Average days on the market for sold properties was 65 just three days longer that a year ago. Below is...
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
Move Your Money - moveyourmoney.info "People all over the country are choosing to move their money out of bigger banks and into smaller, community-oriented financial institutions that generally avoided the reckless investments and schemes that helped cause the financial crisis." "Fueled by the personal initiatives of thousands, it’s a grassroots effort that has the potential to shift power in the financial system away from Wall Street and to Main Street." It's time for "Big Banks" to acknowledge our outrage at their immoral and unethical business practices, both before and after the Taxpayer funded Bank Bailout.
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
Westwood, the home of UCLA, which encompasses the area close to Century City, is a mix of some of the most expensive homes in the city down to apartment living. The statistics below are taken directly from the MLS and are for single family homes.  They also don't take into consideration condos, income property and private sales. There were 16 sales in the month of December, the highest priced south of Santa Monica Boulevard, at $2,050,000 (high for that particular area), and the lowest was $856,000 in the same neighborhood. Sales price received versus the listing prices was 97.1%. Average days on the market of sold properties was 25, a decrease of over 50% over last year. Below is a breakdown of last month's activity in Westwood-Century City Real Estate:
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
The Huffington Post featured the following video which I think is really worth watching! On the eve of the Financial Crisis Inquiry Commission's first day of hearings, where the CEOs of four of America's largest banks are scheduled to testify about the banks' roles in the financial meltdown, Bill Maher explains why you should move your money out of a "too big to fail" bank and put it into a local community bank or credit union. According to Maher: "This is not a conservative idea or a liberal idea. It's not left or right." "It's populism at its best."
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By Jae Wu & Sean McMillan
(Westside Hub)
Watch this video and join us as we cruise by the sold inventory from year end of 2009. For more information, call us at 310-234-3278 or share with a friend and have them become a fan of Westside Hub too! :)
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By Matt Listro, Your Credit Repair Expert
(National Credit Fixers - Matt Listro)
  Credit Repair in California National Credit Fixers: 330 Roberts Street Suite 402 East Hartford CT 06108 phone: 860-282-6181. National Credit Fixers boasts of 13 years experience repairing low FICO scores. Whether your credit has been damaged by a foreclosure, bankruptcy, slow credit, collections, judgments, repossessions, etc. we can help. We are the experts in credit restoration and credit repair. We have helped numerous residents of California. We are experts in California Credit Repair. Many people don't know where to go to get help with their credit, they don't even know the first step to take in repairing their credit.  That's why at National Credit Fixers we assign each client a credit repair specialist to walk them through the whole process.  We not only help remove negative cr...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
As I am tabulating the year end Playa Vista Condominium Market Report (2009 Year End Summary) I have noticed, how I there are pocket in Los Angeles that maintained their value and other pockets that have lost value. I have been saying all along that Real Estate is very much like the Wine Production. Winery that has a good Micro Climate will command a high price, look at Plump Jack  vs some of the others. With that said The Median Sold Price by Month as decreased by 18% over December 2008 vs December 2009.    As you can see there are some great buying opportunities here. The Median For Sale vs Median Sold has decreased 4% and 18% respectively.   As I mentioned above the majority of the buyers understand the value is here in Playa Vista. Look athe The Number of Sold Properties by month. T...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Here is my continuation of the Century City Market Report Part #2 (the 2009 year end summary) The numbers are very interesting, many people do not understand why this occured. I suspect since the bankes were encouraged to do more short sales in lieu of foreclosures, this in turn created a demand by buyers and at the same time prevented a larger drop in the prices. The number of Condominiums in Escrow are up by 56% compared to December 2008. Hence I do not anticipate any large drop in price nor demand for the next few months.    As you can see the inventory, i.e.: new listings have declined a great deal. Since this is a supply and demand bussiness, you will again agree with me that prices will not decline in the near term.        So in conclusion, please take advantage of the low interes...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
PCH Road Closures - Palisades Bluffs Project The City of Santa Monica began construction work on its Palisades Bluffs Project in November 2009. Intermittent lane closures of the northbound lane of Pacific Coast Highway nearest the bluffs (land side) can be expected during construction hours (Monday through Saturday, 8:00 am to 3:00 pm). Commuters should expect some delays in the area and are asked to proceed with caution through the construction zone.   The project is intended to make drainage improvements at the base of the Palisades Bluffs from the California Incline to the northern Santa Monica city limit (near Entrada Avenue) in order to decrease the rate of gradual deterioration of the Bluffs caused by localized slope failures resulting from groundwater seepage.   For additional i...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Enclosed here you will find some very interesting Numbers and Statistics for Century City CA Market Report. I broke the report into two parts so you can look at it in more detail. The numbers are not what I was expecting. One of the most interesting Fingure was the Median Sold Price by Month. Virtually there is no change between December 2008 and December 2009. To me a 2% drop  was a true suprize.. The buyers that bougth properties in March, April and  July were the ones that got some fantastic deals.      Equally interesting is the Median Price for Sale vs. Median Sold Price. As I mentioned above there was only a 2% decline December 2008 vs. December 2009. Not suprizing based on this figure that the Median for Sale price actually increased by 9%. This shows how desirable the Location i...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
I was recently introduced to Broadview Mortgage, a lender in California who specialize in CalPERS loans, public employees and CalSTRS loans, employees of public schools and community colleges. They have recently added a new loan to their portfolio, healthcare workers. This is an exciting new opportunity for almost anyone in the healthcare field to obtain an affordable loan.  The category is broad - medical receptionist, physicians aid, ambulance driver, physical therapist etc. If you have any questions, especially if you would like to know if you qualify, please let me know. I would be happy to put you in touch with the appropriate party. Below is an outline of eligibility for the three loans: This is an overview of the actual loan: Visit my website for more details of this loan.    
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