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Down Payment Gift… Know the Rules

With lots of inventory and low home prices, your gift of a down payment to your credit-worthy children can be a stepping stone to getting into a first or next house. A nice thought at this time of...

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Hollywood Hills Weekly Market Update

Ok now after we’ve gone through the lowest month of the year we look ahead to the rest of the year.  We started the month with the lowest number of active foreclosures and short-sales this year,...

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Hollywood Hills Weekly Market Update

Busy week in Hollywood Hills.  There were 12 new listings in the area,  6 of them are distressed properties and from the 6 distressed properties, 5 were short-sales and 1 foreclosure.  Also, we had 6...

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Hollywood Hills Weekly Market Update

We are now half way through the month.  We had only 3 closed sales in March, that is 7 away from last year’s March 10 closings.  There were 9 new listing this week and 3 of the 9 were distressed sales...

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Hollywood Hills Weekly Market Update

We had a great week in Hollywood Hills.  We are now showing 10 closed sales matching last year’s March record of 10 closed sales, 5 closed this week. So far we had 17 new properties in the market for...

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Hollywood Hills Weekly Market Update

The first week of the month is gone, not to much action this past week.  Only 2 new listing and 2 new pending sales in the market.  One of the new listings was a foreclosure.  The average days on the...

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Hollywood Hills Weekly Market Update

Just got back in town from family holiday, so I’m a bit late for this update and I apologize to all for the delay.  We had 5 new listings, 5 properties under contract and 1 closed sale last week....

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Hollywood Hills Weekly Market Update Week of April 16th 2012

Closed sale are a bit slow, I’m expecting to see more activity as the March pending sales should be closing during the second half of the month.  We have 3 new properties for sale (1 is a short-sale)...

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Hollywood Hills Weekly Market Update Week of April 16th 2012

TGIF Hollywood Hills. GREAT week for our market, inventory is at it’s lowest for the month.  This week we had 5 new listings, 5 properties reported contracts (pending sales) and 1 closed unit.  Our...

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Short-Sale News You Need to Know

New Fannie and Freddie rules and bipartisan bills aim to speed the short sale process, preventing more home owners from slipping into foreclosure and keeping the economy on its feet. Imagine you’re...

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Real Estate Market News You Should Know.

In this week’s housing news roundup, short sales flex some muscle while regulators and legislators debate changes to mortgage loan rules. For the first time since the housing crisis began, short sales...

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Hollywood Hills Weekly Market Update Week of April 30th 2012

This week we had 10 new listings in the market, this is the highest number of new listing in one single week all year.  Of the 10 new listing, 2 are distressed and the rest are priced in accordance to...

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Hollywood Hills Weekly Market Update Week of May 7th – May 11th

Another great week! we had 5 new listings on the market, 3 properties reported contracts pending to close.  Of the new listings 3 were foreclosures. So far there are no closings reported in May.  I’m...

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Hollywood Hills Weekly Market Update Week of May 14th – May 18th

Our local market in Hollywood Hills still improving, this week’s numbers reported the highest average sales price in 2012 at $214,214 and $111 per square feet. There were 7 new listings in the area, 2...

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