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SOLD ABOVE ASKING PRICE IN JUST 7 DAYS! 2 bedroom/2 bath condo located on one of the best blocks in West Hollywood close to the renowned restaurants, boutiques and nightlife that create the neighborhood's special urban vibe. High ceilings and no common walls give this condo a unique sense of space and privacy. A bold designer mantle surrounds the gas fireplace and is the focus of the large living room. A dinner party for 10 will fit comfortably in the dining area with your guests basking in the warm glow of the Edison chandelier. The spacious master bedroom boasts an... Continue reading
LEASED AT FULL PRICE. Modern Spanish view home in the Hollywood Hills. This 3162 sq. ft home boasts 4 bedrooms, 3.5 baths and an office area. A formal entry leads to a living room with vaulted ceilings and a fireplace, a dining room, a den with a second fireplace and an eat-in chef's kitchen overlooking the heated pool, spa and large outdoor entertaining area. A guest bedroom, 1.5 baths and a laundry room complete the first floor. Upstairs the master suite features an en-suite bath with dual sink vanity, walk-in shower and separate bathtub, walk-in closet, and a private deck with... Continue reading
Whether you are thinking about buying a home or investing in a commercial development project, in order to make smart strategic real estate investment decisions you need to dig in and do your homework. A thorough understanding of where the market is today is essential to formulating a deal, but it is equally important to understand where the market is headed in the coming years to avoid making costly mistakes. In our complicated and fast moving world it sure is comforting to have the experts at Forbes Real Estate Council to break through all the clutter and confusion to identify the key market trends that will drive the industry for the next few years. Click here to read more Continue reading
Tomorrow millions of voters across California will confirm their support or opposition of Prop 10, the controversial initiative that proposes to repeal Costra Hawkins and give cities the right to enact forms of rent control in order to address the shortage of affordable housing in California. But is Prop 10 the answer to affordable housing? The San Diego Union Tribune looks at the arguments for and against Prop 10 and concludes that rent control may actually do more harm than good. First, limiting rental income disincentivizes developers from building much needed housing. Without enough supply to meet demand the competition for available housing units will increase upward pressure on prices. That’s simple Economics 101. And while rent control may help some renters, the majority of renters are actually worse off due to the unintended result of the misallocation of housing. Then there is the final nail in the coffin of Prop 10..and it is a big one. It is not the right of the Government to tell individual single family home owners what they can charge if they choose to rent out their homes. When I go to the polls tomorrow I will be voting NO on Prop. 10. What about you? Click here for more info Continue reading
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