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Real Estate Market News

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Featured

Pacific Palisades Rising from the Ashes

For nearly a century, this community symbolized the American dream, blending small-town charm with urban accessibility. But a catastrophic wildfire has left it reeling, with half its homes and key landmarks destroyed. As residents face displacement and deep loss, the rebuilding process presents an opportunity to reshape its future—balancing tradition, sustainability, and inclusivity. Will it retain its cherished character or evolve into something unrecognizable? The path forward will test the community’s resilience and unity.

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Featured

Why Leases Continue to Dominate the Palisades Market and Risks in a Changing Market

The real estate market in Pacific Palisades has undergone significant changes, with home sales dropping by almost 20% and a sharp increase in leasing activity. This shift raises critical questions about the future of the market, including whether it now favors buyers, given lower sales prices and higher interest rates. However, the leasing market remains strong despite the larger inventory, and several factors continue to limit the number of homes available for sale. As interest rates potentially moderate through 2024, the market may see more balanced activity, though the future of leasing prices remains uncertain.

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Guide to Selling a Home

Guide to Buying a Home

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Buyer Myths & Mistakes

Liquidated Damages

The Residential Purchase Agreement (“Contract”) you are about to execute contains a “Liquidated Damages” provision.
It is important to note that there may be advantages and disadvantages for the parties to a Contract if they elect liquidated damages.

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