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...
View ArticleHollywood 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,...
View ArticleHollywood 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...
View ArticleHollywood 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...
View ArticleHollywood 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...
View ArticleHollywood 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...
View ArticleHollywood 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....
View ArticleHollywood 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)...
View ArticleHollywood 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...
View ArticleShort-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...
View ArticleReal 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...
View ArticleHollywood 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...
View ArticleHollywood 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...
View ArticleHollywood 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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