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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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Featured

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

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Selling a House

How to Find a Realtor to Sell Your Home—What to Do and What to Ask

When you’re buying or selling a house, you’ll likely reach out for a real estate agent. But how to choose? There are Realtors and just plain real estate agents, part-time and full-time agents, family friends who are in the business, maybe even neighbors down the street. How do you find the right real estate agent for you?

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Guide to Buying a Home

Buying a Home

Help With First Time Purchases

It is well known that purchasing a home in the Westside housing market is very challenging, especially if it is a first home.  And in recent years it has gotten even harder for young families with growing student debt and a slowly recovering job market.

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Buying a Home

How Much Home Can You Really Afford?

The current real estate market has led to frustration and anxiety for many potential buyers. Having good credit scores, enough funds for down payment, and adequate loan pre-approval is often not enough for them to succeed in buying the ideal home when it comes on the market.

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Senior Lifestyle Options

Senior

Alternative Lifestyles for Seniors

This is the sixth in a series of articles in answer to requests for more informational help with “downsizing” issues for seniors. The focus here is on determining what type of lifestyle they wish to have.

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