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Real Estate Market News

Real Estate News

Risks in a Changing Market: Adapting Strategies for a Transforming Real Estate Landscape

Navigating the ever-evolving landscape of real estate demands astute observation and strategic planning, especially as indicators point toward an impending shift in the market. As we near the turn of the year, subtle yet significant changes are surfacing—a rise in inventory accompanied by a slower pace of sales, dwindling multiple offers, and increased renegotiations during escrow.

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Real Estate News

New Wildfire Disclosure Report

In Pacific Palisades, a region classified as a Very High Fire Hazard Severity Zone, the threat of wildfires looms large. Residents are continually encouraged to take proactive measures to safeguard their properties. Earlier this year, local fire department personnel conducted assessments of properties in brush areas, identifying those with excessive vegetation and urging owners to comply with clearance regulations. To address the need for a more systematic approach to assess property-specific wildfire risks, a groundbreaking tool called the “Wildfire Disclosure Report” has been introduced.

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The Covid Years

The Palisades real estate market has defied expectations, with prices soaring despite higher interest rates and reduced loan-qualified buyers. Additionally, an intriguing shift has occurred, with a growing number of homeowners choosing off-market sales, particularly for higher-value homes. As the market continues to evolve amidst various factors, predictions remain uncertain. Stay tuned for updates.

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Guide to Selling a Home

Selling a House

Pricing Homes in a Flattening Market

We are asked why we do not simply use Zillow or Redfin or other online evaluation systems in doing our pricing recommendations rather than doing a detailed market analysis to come to an opinion of value. Others ask why we seem to make it so complicated, when it is common knowledge that homes in our local area sell for around $1,000 per square foot.

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Guide to Buying a Home

dos and donts of buying your first house
Buyer Myths & Mistakes

First Time Homebuyers: Do’s and Don’ts When Buying Your First Home

Buying your first home can be a learn as you go process. But even though everyone’s home buying experience is unique, you can prepare yourself for what’s to come by learning about what helped and held others back. Before you embark on your own home buying journey, here are some of the most important Dos and Don’ts to get you started on the right track.

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