For several months, the Westside real estate market has experienced a steady recovery with both average list and sales prices increasing by more than 4%.

Investors have become a significant factor in the current market environment. Investors generally have fewer contingencies and shorter time periods for processing the escrow. Therefore, they have traditionally closed escrows

The fuel for this steady recovery has been continued artificially low interest rates which has made purchases more affordable for everyone, combined with a lag in the homes being made

As of May 1st, 2013, there is approximately a one-year inventory of homes available above the $5million level. Conversely, it would only take 2.5 months to sell all of the

There continues to be much interest in the local real estate leasing market. Owners who choose not to sell their current property for various reasons have asked what is involved

Real estate prices in the Palisades have continued a steady and much stronger increase than could reasonably have been expected.

As we begin the year 2012, the number of homes available for sale in Pacific Palisades is quite low. There are only 70 homes on the market, which is 22

The answers to these questions have been relatively easy to give for the last year or so. Today, however, this is not at all an easy subject to fully understand.