IN THE NEWS: AMAZON AND REALOGY FORM A PARTNERSHIP

Realogy (parent company of Sotheby’s International Realty) and Amazon are offering a new program, Turnkey, that will connect potential homebuyers to agents through the Amazon portal. And once the buyer purchases a home they get up to $5000 of products and products from Amazon for free! Just one more reason to choose Sotheby’s to represent you when buying a home! Click here to read more Continue reading

THE LEGISLATIVE TRACK: VACANCY TAXES

Housing groups in cities up and down the state of CA are proposing a vacant property tax as one solution for the affordable housing crisis. But will this “empty homes” penalty prevent speculators from sitting on properties, leaving them vacant until they can demand a higher price? Will the penalties paid by these property owners actually make their way towards homeless services or to build new housing? In LA, there is a push for a referendum on the vacancy tax for the March or November 2020 ballot. How will you vote? Click here to read more Continue reading

CELEBRITY MOVES

Last year, after someone broke into her Hollywood Hills home Rihanna decided it was time to move to a home that was more secure and less exposed. She listed the sexy six bedrooms/eight+ bathroom home for $7.5M and one might have expected it would go quickly. After all, anything she touches seems to be a goldmine! If her name is attached, it creates instant demand. Case in point, the huge success that she has had by attaching her name to fashion, beauty and fragrance products. Alas, this has not been the case . And now, you can live like Rihanna in her glamorous home for a mere $35,000 per month. #dealoftheday Click here to read more Continue reading

REAL ESTATE MARKET TRENDS

A lack of affordable housing and high taxes are giving rise to a new migration as people leave cities like New York, San Francisco, Los Angeles, DC and Chicago behind to enjoy a better quality of life in smaller, less expensive cities. What are the top cities with the most interest as a new destination? Read on… Click here to read more Continue reading

ASSESSING THE ASSESSOR

LA County’s property tax roll hit a record high for 2019 fueled by an active real estate market with price appreciation and strong sales volume of existing inventory as well as a burst of new construction. The additional funds raised will add more support for LA city and county services. Which communities saw the largest increase? Inglewood, of course, as work is underway on the LA Stadium, the Entertainment District and several large residential developments And West Hollywood, where rising real estate prices and the rush of developers building new luxury homes and multi-unit projects confirm that it is, indeed, the hottest place to live in SoCal! Perhaps best of all, thanks to Prop 13 these tax increases and the benefits they provide to local residents don’t come on the backs of longtime homeowners. Click here to read more Continue reading

REAL ESTATE INVESTMENT STRATEGIES

Are you looking to bump up your investments in real estate but fearful of the risk of investing in a single property? Do you want to add some rental properties to your portfolio to enjoy the benefits of appreciation and rising rental income without the hassles of being a landlord? Check out ROOFSTOCK, a new online platform where investors can buy shares in individual rental homes in select markets across the US. Click here to read more Continue reading

MORTGAGE MONDAY – HANDICAPPING THE FED

It will be like a Sportsbook on steroids as the financial world (and homeowners) waits for word from the FOMC meetings on July 30.  What will the FOMC decide when they meet on July 30?  Will they maintain the fed funds rate at current levels, drop it by .25% as most anticipate, or drop the rate even further?  How will this impact homeowners or those looking to buy and what’s the best strategy to secure the lowest rate?  If you’re looking for answers to help you  “handicap” your mortgage application or if you’ve never heard of a  rate lock-in with a one-time float down provision…read on… Click here to read more Continue reading

DESIGN TRENDS

What are the key trends shaping pool design in 2019. From shapes to materials, lighting to amenities like swim-up bars and sun shelves there are more ways than ever to customize your pool area and enhance your aquatic experience. Click here to read more Continue reading

WEDNESDAY CELEBRITY MOVES

Actor, TV host, executive producer and nightclub owner David Arquette has listed his 4 bedroom, 3.5 bath Encino home for $4.975M. If you’ve experienced Bootsy Bellows, Poppy or The Peppermint Club, the clubs he owns with his partners at H.Wood group, you know he has a keen understanding of space and design and the role they play in creating an experience. He has clearly applied these lessons to his redesign of this ranch home previously owned by actress Kate Walsh. Bold colors and artwork, an unexpected mix of styles and rich furnishings give the home a sense of relaxed comfort and a masculine edge. A pool, tennis courts and boxing ring make it an ideal party house, perfect for one of Hollywood’s foremost party impresarios. Click here to read more Continue reading

REAL ESTATE INVESTMENT STRATEGIES

Thinking of moving up? Not sure whether to sell your current home or hold on to it as an investment property? After all, owning property and collecting monthly rent checks can be a great path to a secure and comfortable financial future. This quick read from Realtor.com asks the key questions that will point you towards making the decision that is right for you.   Click here to read more