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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
Comments 3
On May 7, 2021, Realtor.com reported that in Pasadena, California median list price was $999,000 in April of 2021 slightly down from $999,500 in March of 2021, and decreased 5.0% from $1,049,500 in April of 2020. While, median sales price for a home and a condo was $997,000 in April of 2021, declined 6.0% from April of 2020 in Pasadena, California.Houses stayed 52.00 days in the market in April of 2021 up from 51.00 days in March of 2021, but lower from 41.00 days in April of 2020 in Pasadena, California.The median listing price per square foot of a home and a condo was $620.00 in April of 2021 gained from $607.00 in March of 2021, and increased 5.0% from $588.00 in April of 2020 in Pasadena, California according to Realtor.For complete more detailed information about Realtor.com’s late...
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Comments 10
Observations on the Pandemic Lockdown and the ramifications on life and business:  from a Beverly Hills Realtor’s perspective Here we are in the 15th month of the Pandemic Lockdown of the Greater Los Angeles area. It has created many problems on all levels. The effects are too numerous to mention here. As we all know families, small businesses, large business, simply stated everyone was affected by it, one way or another. The financial hardships this caused  on many small businesses and individuals is unconscionable. The ramifications and ripple effect that it created on so many  lives, is just tragic. How many businesses closed forever?Many people had financial hardships, others had emotional and relationship hardships. I am grateful that I am in a stable relationship and Diane and I h...
By Mike Bjork
(Evolve Bank & Trust)
Comments 2
http://MikesDailyMarketReport.com:  Retail Sales had a very Big Miss today, as it was reported that April was Unchanged for MoM; and when you exclude (big ticket items) Autos, then it dropped 0.8%.  Capacity Utilization rose to 74.9% in April; and Industrial Production also rose by 0.7%.  However, Consumer Sentiment had a very Big Miss too, as it dropped from 88.3 in April to 82.8 in May.  It was expected to rise near 90.  Lastly, the Business Inventories rose 0.3% in March.  Stocks are Up today, even though there were some big misses with Retail and Consumer Sentiment numbers.  They're a bit optimistic with the news by CDC when they stated that those whom have been fully vaccinated should be ok without a mask; hoping this will further boost the economy.  MBS is Up 6bps so far this morn...
By Mike Bjork
(Evolve Bank & Trust)
Comments 1
http://MikesDailyMarketReport.com:  The Initial Jobless Claims continued to dwindle a bit lower, as this week's report dropped from last week's revised (higher) 507k to this week's 473k.  We have more inflation data today, from the Wholesale sector this time.  The Producer Price Index (PPI) rose 0.6% in April, while it's YoY rose 2.0% to 6.2%.  The Core PPI (excluding food and energy) rose 0.7% in April, while it's YoY rose 1.0% to 4.1%.  Stocks are back into Positive Territory after yesterday's big selloff.  Meanwhile, MBS is rebounding a bit too today, as it's currently Up 11bps and working it's way back above it's 50 DMA.  Mortgage Rates did have a slight improvement after yesterday's close, which had a few price changes to the worse; and closed Down 44bps.  Also, Yields are back bel...
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
Comments 6
On May, 2021, Realtor.com reported that in Montrose, California median list price was $769,000 in April of 2021 declined from $783,000 in March of 2021, and fell 17.0% from $899,900 in April of 2020. While, median sales price for a home and a condo was $857,000 in April of 2021, jumped 22.0% from April of 2020 in Montrose, California.Houses stayed 49.00 days in the market in April of 2021 up from 47.00 days in March of 2021, and higher from 41.00 days in April of 2020 in Montrose, California.The median listing price per square foot of a home and a condo was $515.00 in April of 2021 down from $552.00 in March of 2021, and decreased 14.0% from $589.00 in April of 2010 in Montrose, California according to Realtor.For complete more detailed information about Realtor.com’s latest homes and a...
By Mike Bjork
(Evolve Bank & Trust)
Comments 0
http://MikesDailyMarketReport.com:  The CPI report made a HUGE mark on the Markets today with it's April report, which shows it's MoM skyrocketing Up 0.8%, while it's YoY lunged upward from 2.6% to 4.2%.  Whe you exclude food and energy, then you have the Core CPI (this report holds more weight due to it being more of the base), which rose 0.9% MoM and it's YoY jumped up from 1.6% to 3.0%.  A healthy economy moves at approximately 2.0% inflation.  The Fed says it's transitory, but many investors are on edge that it may stick.  Time will tell!  Right now, it's a very real concern!  As a result, Stocks are plunging!  A few more Fed Members will be speaking today.  MBS had plummeted too, which it's Down 33bps now; so, Mortgage Rates have spiked a bit higher today, as a result.  Yields shot...
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
Comments 4
On May, 2021, Realtor.com reported that in Glendale, California median list price was $959,000 in April of 2021 declined from $999,999 in March of 2021, but rose 8.0% from $879,000 in April of 2020. While, median sales price for a home and a condo was $910,000 in April of 2021, gained 8.0% from April of 2020 in Glendale, California.Houses stayed 51.00 days in the market in April of 2021 unchanged from 51.00 days in March of 2021, but higher from 48.00 days in April of 2020 in Glendale, California.The median listing price per square foot of a home and a condo was $560.00 in April of 2021 up from $559.00 in March of 2021, and increased 5.0% from $530.00 in April of 2010 in Glendale, California according to Realtor.For complete more detailed information about Realtor.com’s latest homes and...
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
Comments 6
On May, 2021, Realtor.com reported that in La Canada Flintridge, California median list price was $2,095,000 in April of 2021 fell from $2,407,500 in March of 2021, and lower 8.0% from $2,269,000 in April of 2020. While, median sales price for a home and a condo was $1,900,000 in April of 2021, up 2.0% from April of 2020 in La Canada Flintridge, California.Houses stayed 41.00 days in the market in April of 2021 declined from 54.00 days in March of 2021, and down from 43.00 days in April of 2020 in La Canada Flintridge, California.The median listing price per square foot of a home and a condo was $723.00 in April of 2021 gained from $701.00 in March of 2021, and higher 2.0% from $711.00 in April of 2010 in La Canada Flintridge, California according to Realtor.For complete more detailed i...
By Mike Bjork
(Evolve Bank & Trust)
Comments 1
http://MikesDailyMarketReport.com:  There are no data to report from the Economic Calendar.  We do have a 3 year Treasury Auction, but it doesn't have much impact on the Markets.  Tomorrow could have some catalysts to push the Markets one way or another.  We have the 10 year Treasury, which can have some impact with Mortgage Rates; but the BIGGIE is the CPI report.  Stocks are Down this morning on renewed concerns over inflation, which the CPI will report it's inflationary data for April.  It's expected to rise from 1.6% YoY to 2.3% tomorrow.  If we can stay below 2%, then the Markets may calm a bit.  If it hits above 2%, then they may snowball with their selling.  There are several Fed Members speaking today, so it's possible they may share their thoughts on this topic today too.  Mean...
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
Comments 4
On May, 3, 2021, Realtor.com reported that median list price of a home was $1,114,000 in April of 2021, rose 2% from April of 2020 in Los Angeles-Long Beach-Anaheim.The active listing inventory of homes dropped 22.1% in April of 2021 from April of 2020; and the new listing inventory jumped 66.2% in April of 2021 from April of 2020 in Los Angeles-Long Beach-Anaheim.Houses stayed 49 days in the market in April of 2021 lower ten days from 59 days in April of 2020 in Los Angeles-Long Beach-Anaheim, California according to Realtor.For complete more detailed information about Realtor.com’s Los Angeles-Long Beach-Anaheim, California housing market trends for April of 2021, please click HERE
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
Comments 0
On May, 2021, Realtor.com reported that in La Crescenta, California median list price was $1,029,000 in April of 2021 down from $1,058,000 in March of 2021, and rose 10.0% from $925,000 in April of 2020. While, median sales price for a home and a condo was $1,100,000 in April of 2021, jumped 28.0% from April of 2020 in La Crescenta, California.Houses stayed 45.00 days in the market in April of 2021 lower from 48.00 days in March of 2021, but unchanged from 45.00 days in April of 2020 in La Crescenta, California.The median listing price per square foot of a home and a condo was $596.00 in April of 2021 gained from $587.00 in March of 2021, and higher 1.0% from $591.00 in April of 2010 in La Crescenta, California according to Realtor.For complete more detailed information about Realtor.co...
By Mike Bjork
(Evolve Bank & Trust)
Comments 0
http://MikesDailyMarketReport.com:  There are no data to report from the Economic Calendar.  We'll start receiving data on Wednesday when we get a look at inflation, by the CPI report.  Stocks are Mixed today as we begin to wind down on the Corporate Earnings Reports.  There are a few Fed Speakers out today, which it's possible their comments could move the Markets.  Lastly, Investors are watching the Colonial Pipeline try to reopen after shutting down 45% of the east coasts energy when they received threats of a cyber attack.  MBS was fighting to go above it's 100 DMA, but have pulled back.  Lenders on the east coast may have priced in the better position and may face a reprice for the worse, as MBS pulled back a below the 100 DMA; while the west coast is seeing pricing as Unchanged fr...
By Lisa Delzompo 951-704-4559, Experienced, Trusted, & On Your Mission: Home
(Sand to Sea Properties, Inc.)
Comments 0
Housing Market Predictions 2022 | Housing Market 2021 Dusting off my Econ degree from college, let’s talk which way the market indicators are pointing. We’ll take on each of the indicators, compared to the 2000's recession, which we helped hundreds of people through, and the thing was the biggest indicator right before the huge price drop in home prices in the 2007-2012 recession. There are two main things: Supply and Demand of houses, and Affordability. Supply of houses in California is out of whack. It’s a Seller’s market – when a Seller puts a home on the market at a price that is in the range of value for that home, and 15 or 25 buyers make offers over the asking price and appraisals are coming in low. On a basic level, that means there are not enough houses available for the number...
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Comments 21
As a Vacant Land Specialist in Los Angeles I get many inquiries from Sellers to give them a market analysis and what I think their land is worth. Now with that said often I ask basic questions, such as what is the terrain look like? I also ask if they have reports such as Geology, or a Survey and the list goes on and on. Most sellers are pretty honest and straight forward. Others tend to be a little Pinocchio-ish. Well this seller I asked what the terrain looks like. He assured me that it was 'Flat' I was amazed because seldom do I run into "flat" land in Los Angeles, so with that said I went to check out the land. Well I would be interested about your thoughts. This is the land the seller said it was "flat" ... now with that said this is what I consider "flat land" what say you??  Wish...
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Comments 29
Most of you know that since the Pandemic Diane has been working from home as well. So what does that mean to me? Well there is competition who can walk Holly. There are times she is busy and other times I am busy. Well lucky for me she was busy so I walked Holly for her late afternoon stroll. As we stoped at this tree I did a double take and was wondering what kind of tree this was I never seen such a 'fruit tree' before.  So with that said can you tell me what species of tree this is? Maybe Ron and Alexandra Seigel would know they are good at naming exotic flower and fruits. Feel free to share what you  think in your comments:))))    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 ...
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Comments 17
813 Mount Washington, Los Angeles, CA 90065 $145,000.00 MLS#:20664464 Endre Barath JrMobile:310-486-1002 Office Phone:310-777-7800 Email Address: homes@endrebarath.com Lic#: 01238708 Office Name:     Property Information One of the best view lots in Mt Washington area. Truly one of the largest down sloped lots in the area. Build your dream panoramic vie home on Mount Washington Dr. This lot is ideal for an owner user or a developer who want to build for spec. A rare find in this price point. Please reach out to the listing agent for a plat map. Seller is willing to finance with 30% down-payment. Ask listing agent for details.       General Information County Los Angeles Zip Code 90065 MLS# 20664464 Property Type Land Zoning LARE11 Status Active Under Contract     Additional Features   ...
By Mike Bjork
(Evolve Bank & Trust)
Comments 1
http://MikesDailyMarketReport.com:  Today is the BIG Day for economic data!  The Jobs Data from the Bureau of Labor Statistics (BLS).  The Non-Farm Payrolls had a HUGE Miss today, as they reported only 266k jobs created for April (when they had expectations of nearly a million); and March was revised lower, going from 916k to 770k.  The Unemployment Rate rose to 6.1% as a result of these very week numbers.  However, Average Earnings rose 0.7% in April, as Employers try to entice employees back to work.  Also, the Average Workweek Hours rose 0.1% to 35.0/week.  Lastly, Wholesale Inventories rose 1.3%.  Stocks are Up, even though the economic data was very weak.  Investors are looking at it as Bad News is Good News today.  A few Fed Members are speaking today; which Neel Kashkari (a Fed M...
By Mike Bjork
(Evolve Bank & Trust)
Comments 0
http://MikesDailyMarketReport.com:  Initial Jobless Claims dropped down to 498k in this week's report (ahead of an important data being released tomorrow, The Bureau of Labor Statistics Non-Farm Payrolls).  However, it is important to note that Continued Claims did have a slight uptick this week by about 37k.  We get our second look (with final results coming next month) at the Q1 Labor Costs and Productivity.  Labor Costs were Down by 0.3% during Q1 and Productivity rose by 5.4%.  Overall, our economic data was very healthy today!  Stocks are Mixed today, as Technology Stocks are pulling down NASDAQ.  The Q1 Corporate Earnings Reports overall continue to above expectations.  There are several members of the Fed speaking this week.  After Yellens interview on Monday, many have restated ...
By Mike Bjork
(Evolve Bank & Trust)
Comments 1
http://MikesDailyMarketReport.com:  The ADP reported only 742k in new private payrolls today, which missed the 800k forecasts.  However, March's data was revised higher from the initial at 517k to 565k.  Also, the ISM Non-Manufacturing PMI dropped in April from 63.7 to 62.7, which forecasts called for 64.3.  Both reports disappointed the Markets early on; however Stocks regained their Positive position.  Most are realizing that the ADP number, even though it missed, it's still a very good number, which we haven't seen in a long while.  Meanwhile, Janet Yellen clarified her remarks from the interview released yesterday that she wasn't trying to predict or influence the Fed into changing their stance on raising rates. MBS started a little lower today, but quickly went to "near" Unchanged ...
By Mike Bjork
(Evolve Bank & Trust)
Comments 0
http://MikesDailyMarketReport.com:  Factory Orders disappointed in March, as many economists had expected 1.3% (some even thought higher) MoM growth; however, it came in at 1.1%.  Stocks are Down this morning after comments by Treasurer Janet Yellen.  She indicated that the Fed could raise rates much sooner if the economy begins to overheat.  MBS was higher until those comments too; and is currently Down 2bps.  Mortgage Rates remained Unchanged from yesterday's close.  Yields have slid down further (including below it's 50 DMA); and are currently at 1.59%.Please subscribe to my YouTube Channel at MikesDailyMarketRptAlso, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I c...

Los Angeles County, CA Real Estate Professionals