THROUGH THE LOOKING GLASS: LA REAL ESTATE FOR 2019

Will LA real estate prices drop in 2019? By how much? Or will they level off or simply grow at a slower pace? How will real estate respond to the volatility in financial markets and the economy? For both buyers and sellers, there is a lot to consider. But cheer up….it isn’t all bad news.   Click here to read more Continue reading

CELEBRITY MOVES

It was a year of big sales, sizable profits, painful losses and everything in between for the celebrities who made real estate moves in 2018. Architectural Digest highlights some of the most significant deals of the year with the added guilty pleasure of a sneak peek inside the homes of some of our biggest A-listers.   Click here to read more Continue reading

MARKET TRENDS

While the focus of this article from BuilderOnline reflects trends in new construction, there is much here in terms of design trends, preferred amenities and new direction in layouts that may provide inspiration for anyone thinking of remodeling or updating in the coming year. Click here to read more Continue reading

NEW YEAR’S RESOLUTIONS: ACCELERATING YOUR MORTGAGE PAYMENTS

Ahhh..the start of the new year! It is time to reconsider your financial situation, take stock of things and make some decisions to improve your position. One option that can have some big payoffs? Why not add a little to your mortgage payment each month? With virtually no pain, the result can be significant savings in interest over the life of your mortgage and a reduction in the amount of time before you own your home mortgage-free. Here’s how it works..... if you overpay your mortgage and direct all of your extra payments towards the principal, not only will the principal amount be reduced, so will the amount of interest you’ll have to pay over the term of the mortgage. That’s because interest is calculated based on the outstanding amount you owe. The less you owe, the lower the interest charge. The longer you plan on staying in your home, the bigger the return on investment by overpaying your mortgage each month. To illustrate, let’s say you just started a 30-year fixed-rate mortgage of $300,000 at a 4% rate. By the end of the life of the mortgage, you’ll have paid $215,608.52 towards interest. But if you were able to pay an additional $300 each month, the paydown of principal would result in lower interest charges each month and at the end of the 30 year mortgage life, you will have paid only $148,215.00 in interest charges. That’s a savings of $67,393.52! But that’s not all! By paying that extra $300/month you would pay off your home 8 years and 5 months sooner! Imagine….no more mortgage payments and all the equity is yours! Whether you can add $100 per month of $300 per month or perhaps even a little more, why not give it a try? Once you’ve built it into your monthly plan you’ll hardly feel it, and I guarantee you’ll have some fun watching your balance go down! Continue reading

REAL ESTATE EYE CANDY

As Lisa Douglas (Eva Gabor) said in the opening theme song for “Green Acres”, “I just adore a penthouse view…”  And with these five spectacular New York penthouses, I couldn’t agree more.  With exceptional style, luxury finishes and the latest amenities and technology they redefine the art of urban luxury living. Click here to read more Continue reading

CELEBRITY MOVES

Out with the old, in with the new!   “Big Bang Theory” star Johnny Galecki lets go of the memories of his beloved Santa Margarita getaway heavily damaged in last year’s Hill Fire.  Though his spectacular log cabin home was lost, the 160 acre property still boasts a 4,000-square-foot workshop, an unfilled pool with a swim-up bar, a silo and a vineyard with five acres of Cabernet Sauvignon grapes and two acres of Zinfandel. Here’s to building new memories Johnny! Click here to read more Continue reading

REAL ESTATE EYE CANDY

With New Year’s Eve just around the corner what better room to celebrate than the home cocktail bar? These fabulous bars and the spectacular homes they are in elevate the art of living…and celebrating. Hoping 2019 brings you the best of everything!!! Click here to read more Continue reading

MARKET TRENDS

The California Association of Realtors November Home Sales and Price Report in and points to a continued slowdown in sales volume and price growth. But It’s good news for buyers who will benefit from healthier inventories, continued low interest rates and a tempering of the frenzy that led to heavy competitive bidding scenarios. Click here for more info Continue reading

Merry Christmas to you 2018

Wishing you a holiday season filled with love and laughter and the best of everything in 2019.   Merry Christmas!!! Continue reading

Happy Holidays 2018

Wishing you a holiday season filled with love and laughter and the best of everything in 2019.   Continue reading