Los Angeles County, CA Real Estate News

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 Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Randy's Donuts in Inglewood CA Los Angeles has lots of iconic landmarks, and Randy's Donuts in Inglewood is certainly one of them. This is the original store, established in 1952, at 805 West Manchester Boulevard at La Cienaga. This popular donut shop (one of 34 now, including several in the LA area, San Diego, Las Vegas, South Korea, the Philippines and Saudi Arabia) has supposedly appeared in a number of movies and on TV. And no doubt it's been photographed by many tourists and residents. I had heard about the place but just happened to be in the area at the right time earlier this year...and at a red light so I could snap a photo. I suppose next time I have to do the drive-through and order what is supposedly their most popular brand of donut - the Buttercrumb Raised. And there are d...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On September 18, 2023, California Association of Realtors (C.A.R) reported the homes values higher 3.6% to the price of $882,020 in August of 2023 from price of $851,540 in July of 2023, and gained 3.2% from price of $854,960 in August of 2022 in Los Angeles County, California. While, homes sales increased 5.6% in August of 2023 from July of 2023, but fell 12.5% from August of 2022 in Los Angeles County, California.There were 2.4 months supplies of available inventory of homes in August of 2023, down from 2.5 months in July of 2023, and decreased from 3.1 months in August of 2022 in Los Angeles, California.An average it took 18.0 days to sell a home in August 2023, up from 17.0 days in July of 2023, but declined from 22.0 days in August of 2022 in Los Angeles County, California.For comp...
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By Rob Spinosa, Mortgage Loan Originator, Marin County
(US Bank)
Ain't Nobody (Doing a Cash-Out Refi Right Now)   If you believe the statistics, 90% of homeowners with a mortgage will have a home loan rate somewhere under 5% these days.  And it's a safe bet to assume that a high percentage of those may be under 4% or even 3%.  If you're one of these fortunate borrowers, the thought of refinancing your historically-priced mortgage to get cash out --- a.k.a., a "cash out refinance" --- is a non-starter.  To quote Chaka Khan, "ain't nobody" is doing a cash-out refi unless they ain't got no better option. But often there can be a better option.  The most common one is a home equity line of credit, or HELOC.  But these loan types are adjustable rate mortgages (ARMs) that track Prime Rate, which, here in the fall of 2023, is currently at 8.5%.  However, th...
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By Keith Kyle, Top Producing Agent
(Vista Sotheby's International)
Beachlife Ranch Redondo Beach Music and lifestyle festival - September 22-24 If you’re looking for something fun to do this weekend the Beach Life Ranch Festival kicks of today, September 22nd. The weekend offers an abundance of artists that the promoter says fits the “cowboy surfer” vibe with a nice mix of country, folk, mainstream and more. The top billing performers are Jack Johnson on Friday, Cody Jinks on Saturday and Brad Paisley on Sunday.  There are 4 stages each day and someone is performing at pretty much all times so not a dull moment.  It’s a pretty cool way to see friends, listen to some good music and have an overall chill vibe.  Hope to see you there. Beyond the music there is plenty of food, lots of drinks and bar areas, booths and plenty to do.  It's a really fun way to...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Throwback Thursdays: look at these two moments... the photos reminded me of some great moments.In 2014 I listed a home in Bel Air, CA in the 90077 zip code, the sellers were my previous buyers. Long story short the new buyers bought the home with a different agent. Two years ago they reached out to me and we searched and were patient and this year they bought their new home with me. It is a long story, and I will just leave it at that.Now go figure a year before that Diane and I were sitting enjoying lunch somewhere in Los Angeles. She loved the food. Clearly it did not leave me with a memory as to where we had lunch. Nevertheless, it was good and the year was exactly 10 years ago.  Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowled...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Wordless Wednesdays: easy dinner tonight... as I was making dinner, Diane was giving me the side eye are you going to put this over something? Meaning the mushrooms and the shrimp. I smiled and said no I will put it under something:))Little did she know I was going to add Four Cheese Tortellini from Rome:) Now with that said she was OK with it.  On a side note both pictures were taken with the Food Feature of my new Phone:)  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 propertie...
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
BUILD YOUR DREAM HOME WITH OCEAN VIEWS! 📣For sale! Just listed! 🔹Views! Views! Views! 🔹 Almost 1 acre lot! 🔹Awesome location, close to the Pacific Ocean, East of PCH,  🔹 A beautiful tranquil corner location to build in the Big Rock neighborhood of Malibu! Bring your architect team to create your one of kind retreat with the ocean and mountain views on this almost 1 acre of beautiful land in a highly coveted affluent Malibu neighborhood. P.S. What to expect living in Malibu: Beautiful People, Healthy living, Pricey, Delicious Seafood, Great Weather of the Mediterranean climate, the strip of beaches stretching 21 miles along the Pacific Ocean coast. Location of the lot:
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On September 18, 2023, California Association of Realtors (C.A.R) reported the homes values higher 0.3% to the price of $792,500 in August of 2023 from price of $790,000 in July of 2023, and gained 3.6% from price of $765,000 in August of 2022 in Los Angeles Metro Area, California. While, homes sales increased 9.3% in August of 2023 from July of 2023, but fell 13.4% from August of 2022 in Los Angeles Metro Area, California.There were 2.4 months supplies of available inventory of homes in August of 2023, down from 2.7 months in July of 2023, and decreased from 3.1 months in August of 2022 in Los Angeles Metro Area, California.An average it took 20.0 days to sell a home in August 2023, up from 19.0 days in July of 2023, but declined from 25.0 days in August of 2022 in Los Angeles Metro Ar...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Life of a Pet Friendly Realtor in Los Angeles..... well most of you who read my posts on a consistent basis, know we have two cats and a dog. So what do we do? Basically nothing:) I go grocery shopping, cook some fantastic meals.Diane coordinates Vet appointments and cleans up after the cats and the dog.Life is simple here; we listen to classical music to keep the monsters calm and in between there I sell properties in the greater Los Angeles area.Once in a while we have guests, since the pandemic this has been fewer and fewer. So, what do you do? 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 Est...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
0 North Hill Rd Pomona CA 91768 SOLD!!!Directions : N White Ave to Val Vista St to Paige Dr to N Hill Rd go to the intersection of Hillcrest Dr and North Hill Rd. On the down slope side past 935 Hill Rd ( a vacant lot) where 962 North Hill House property line ends, directly across where the land begins and has 193 ft of road frontage.Remarks : Fantastic view residential lot in upscale Ganesha Hills. Build your dream home and enjoy the beautiful mountain views from this property The lot is a steep downslope with an easement from Page Rd. This makes it ideal to facilitate construction as well as material delivery. Utilities are in the street. Ideal for a developer or someone who wants to build their own home. Seller may consider financing. Zoned POR110000. Reach out to listing agent for a...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
South Bay Real Estate Report for August '23South Bay real estate market is now a seller's market due to the very low inventory, stagnant home sales, high interest rates reducing the buyer pool.  While the sales numbers are down, the prices are steady or a bit higher when compared to a year ago. See our July Report to compare numbers on the month to month basis. Higher interest rates have impacted buyers but the low inventory dampens their impact on home prices.Below are real estate market reports for selected major markets in South Bay CA and Beach Cities - Torrance and Redondo Beach. Below you'll find property selling data in August '23 vs. August '22, broken down by property type. Torrance home sales were down by 9 percent while the average sales price for single family homes was up b...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
As most of you know I spent some time at West Point, also known as the United States Military Academy, USMA at West Point New York. As a freshman aka Plebe, we had to sit at the Dining Hall when the movie Mac Arthur was made. I can still hear Gregory Peck saying the famous words of General Douglas MacArthur:...General Westmorland, General Groves, distinguished guests and gentlemen of the corps...As I was leaving the hotel this morning a doorman asked me "Where are you bound for General?" and when I replied, "West Point," he remarked, " Beautiful place, have you ever been there before?"Ironically, we needed to clap and laugh for the movie at this point... they had to take three takes, because we were not laughing hard enough, or we did not clap hard enough.Needless to say, it was easier ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
How long does it take to get approvals to build on vacant land in Los Angeles?As a vacant land specialist, you can imagine how often I am asked this question.  If I'm not asked, then I bring it up in my first communication with any potential buyer.  Transparency is important, particularly if a potential land buyer comes from a different state or country where the approval process is less than a hundred days which is vastly different than here in Los Angeles.When I started selling land 26 years ago in Los Angeles, approvals from the Los Angeles Building Department would take approximately 8 months from start to finish. While 8 months seemed a long time, the logical and acceptable explanation was that most of our land is hillside, hence the Department wanted to be certain that a proposed ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Speechless Sunday: Which photos do you like better? Just as a background the other day I spent about 4.5 hours at Verizon transferring my Samsung Galixy7 data to my new Samsung Galaxy S23 phone. Well, that is another post to be covered later.One of the new features of the S23 is that there are food foto features. Now with that said please tell me which photos you like better the Featured one? or the one above. Will do the same for the ones below too:)Again, thank you for your input.  look forward to your choice:) The reason I am so curious is because one of it is regular photo and the other according to my new phone camera is "food photo" feature:)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 Re...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Having the right tools is critical not just in real estate but in cooking as well.... Tonight's meal was interrupted with a few technical issues, nothing that I could not overcome thanks to having the right tools.Well, the Pizza Stone cracked in the middle of my baking.... Keep in mind my meal was inspired by Debe Maxwell, CRS  about the Maryland Cauliflower Crabcake Pizza Recipe. Since Diane loves Crabcakes from Maryland thought this would be a great way to finish up her birthday vacation. Anyway, as you can see the pizza stone decided to retire tonight:)  The prepping took a bit longer, but I anticipated it and planned for it, based on the recipe.... The most important part Diane loved the result and felt bad that my Pizza Stone decided to retire:) Now all things considered despite th...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
How did you become "The Land Man" in the greater Los Angeles area? This series of posts consist of three separate posts.  As always, many members give me inspiration and in this case I was also asked to participate.  With that said, I offer my first contribution. Thank you Dr. Paula McDonald  & Kathy Streib  for this inspiration.When it comes to buying or selling vacant land in the greater Los Angeles area, there are only a handful of Realtors whose names pop up for buyers and sellers.  For the past 26 years, I have been one of those Realtors.  Agents who do not have vacant land as their niche market often refer their clients to me knowing that their clients will be in good hands.  I've often been asked, “So, Endre, how did you get into this niche of selling vacant land?”  When we reloc...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On September 7, 2023, Realtor.com reported that in Rosemead, California median list price was $948,888 in August of 2023 higher from $849,900 in July of 2023, and rose 5.0% from $897,000 in August of 2022. While, median sales price for a home and a condo was $925,000 in August of 2023, jumped 8.0% from August of 2022 in Rosemead, CaliforniaHouses stayed 40.00 days in the market in August of 2023 increased from 31.00 days in July of 2023, but declined from 41.00 days in August of 2022 in Rosemead, California.The median listing price per square foot of a home and a condo was $550.00 in August of 2023 unchanged from $550.00 in July of 2023, but up 1.0% from $547.00 in August of 2022 in Rosemead, California.For complete more detailed information about Realtor.com’s latest homes and a condos...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On September 7, 2023, Realtor.com reported that in Sun Valley, California median list price was $797,000 in August of 2023 down from $799,000 in July of 2023, and lower 0.0% from $799,000 in August of 2022. While, median sales price for a home and a condo was $790,000 in August of 2023, higher 1.0% from August of 2022 in Sun Valley, CaliforniaHouses stayed 44.00 days in the market in August of 2023 increased from 38.00 days in July of 2023, but decreased from 49.00 days in August of 2022 in Sun Valley, California.The median listing price per square foot of a home and a condo was $574.00 in August of 2023 up from $569.00 in July of 2023, and rose 9.0% from $524.00 in August of 2022 in Sun Valley, California.For complete more detailed information about Realtor.com’s latest homes and a con...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Life of a Pet Friendly Realtor in Los Angeles... while I was emailing and commenting on Active Rain. Our Animal Farm was busy at work on a Friday Night.The orange one is Whiley who used to be outdoors.... Jill nest to her is an adoption from a rescue organization a long time ago... like 12-14 years ago... need to check with Diane for exact date. Holly is also an adoption from the same rescue organization about four or so years ago. One would think they grew up together.Well see for yourself and let me know how rough these guys have it in our home:) 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...
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Los Angeles County, CA Real Estate Professionals