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Around Los Angeles
Information on real estate, events, and anything newsworthy around Los Angeles
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Sellers to Buyers: Stop With the Lowball Offers!

Sellers to Buyers: Stop With the Lowball Offers! | Around Los Angeles | Scoop.it
"People come in, and they think the market is 2008 or 2009, when sellers were desperate," says one real estate agent. "They're not desperate. Not at all."
Jane Peters www.homejane.com's insight:

From the horse's mouth.

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Four Reasons Why Home Sales Are Looking Healthy

Four Reasons Why Home Sales Are Looking Healthy | Around Los Angeles | Scoop.it
At first glance, Wednesday’s report that sales of existing homes gained by just 0.6% in April, after adjusting for seasonal factors, seems unremarkable. But the modest gain understates what was a relatively solid report.
Jane Peters www.homejane.com's insight:

Even with the low inventory sales are rising.  I guess this reasoning makes sense.

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Housing market: In competitive climate, buyers are getting creative

Housing market: In competitive climate, buyers are getting creative | Around Los Angeles | Scoop.it
Some buyers are solving their house-searching woes through prose. They're not writing poems or romantic novels - just notes to sellers, telling them how happy they'd be to buy their homes. The...
Jane Peters www.homejane.com's insight:

I guess it's not always about monty.

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5 Things to Consider When Choosing a Neighborhood

Homebuyers need to consider more than just homes; it’s important to look at crime rates, amenities and commute times in neighborhoods they look at.
Jane Peters www.homejane.com's insight:

These are some great tips for picking a neighborhood to buy a home.

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Colorado Esplanade moves forward - Santa Monica Daily Press

Colorado Esplanade moves forward - Santa Monica Daily Press | Around Los Angeles | Scoop.it
Jane Peters www.homejane.com's insight:

Exciting things in store for Santa Monica.  The metro line is just the beginning.

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California's housing market surges in April

California's housing market surges in April | Around Los Angeles | Scoop.it
California’s housing market surged last month as prices jumped from Southern California to the San Francisco Bay Area.
Jane Peters www.homejane.com's insight:

If this isn't incentive for Los Angeles home sellers, I don't know what is.

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The 4 Most Competitive Housing Markets

The 4 Most Competitive Housing Markets | Around Los Angeles | Scoop.it
In these four markets—all in the same state—multiple offers are the norm.
Jane Peters www.homejane.com's insight:

All four are in California!

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Sharon Paxson's curator insight, May 13, 2013 1:29 PM

Orange County is one of the most competitive markets.

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5 Reasons the Housing Recovery Remains Wobbly

5 Reasons the Housing Recovery Remains Wobbly | Around Los Angeles | Scoop.it
Experts disagree on whether it's a real recovery, or one stoked with government money.
Jane Peters www.homejane.com's insight:

Oh what a tangled web we weave...

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11 home features buyers will pay extra for

11 home features buyers will pay extra for | Around Los Angeles | Scoop.it
Before making the decision to buy, people shopping for homes must consider hundreds of factors. This includes the location of the house, the school district, the size of the lot and also the interior features.
Jane Peters www.homejane.com's insight:

I wonder where they come up with this? 

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Curbed University: What's Up With Earthquake Insurance?

Curbed University: What's Up With Earthquake Insurance? | Around Los Angeles | Scoop.it
Curbed University delivers insider tips and non-boring advice on how to buy, sell, or rent a house or apartment. Additional questions welcomed to la@curbed.com. It's not exactly a secret that...
Jane Peters www.homejane.com's insight:

Why so many Californians don't have earthquake insurance....

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Supply of homes starts to catch up with sales

Supply of homes starts to catch up with sales | Around Los Angeles | Scoop.it
The supply of newly listed homes for sale is starting to show signs of keeping pace with buyer activity in some of the nation's hottest real estate markets, new data suggests.
Jane Peters www.homejane.com's insight:

I am not quite sure what they are basing their facts on here.  I am not seeing it.

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Census Bureau infographic shines light on home investment | Inman News

Census Bureau infographic shines light on home investment | Inman News | Around Los Angeles | Scoop.it
Homeowners made $359 billion in home improvements from 2009 through 2011.
Jane Peters www.homejane.com's insight:

This seems to be a trend now.  When homeowners can't move they put money into their homes.

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West LA's Bundy Drive Could Be Widened For Cars or Bikes

West LA's Bundy Drive Could Be Widened For Cars or Bikes | Around Los Angeles | Scoop.it
The West LA Neighborhood Council is inviting the public on Tuesday night to discuss a proposal to widen Bundy Drive, a major motor speedway north-south thoroughfare on the Westside....
Jane Peters www.homejane.com's insight:

There are so many other areas that could use this.

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Study: 78% Of Salespeople Using Social Media Outsell Their Peers

Study: 78% Of Salespeople Using Social Media Outsell Their Peers | Around Los Angeles | Scoop.it
When Jim Keenan, the social sales specialist, describes his work today, he’ll tell you that he’s “ushering salespeople from the old world into the social world” - the cold calling world to the Twitter world, the salespeople who call prospects incessantly...
Jane Peters www.homejane.com's insight:

I can't believe people are only spending 10% of their time on social media..  I am more like 80%.

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The 14 Best Housing Markets For The Next Five Years

The 14 Best Housing Markets For The Next Five Years | Around Los Angeles | Scoop.it
U.S. housing markets where prices are expected to rise the most in the next five years, based on CoreLogic Case Shiller data.
Jane Peters www.homejane.com's insight:

Not a one in California

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Highest Priced Home Listing in U.S. -- $190 Million in Greenwich, Conn. -- AOL Real Estate

Highest Priced Home Listing in U.S. -- $190 Million in Greenwich, Conn. -- AOL Real Estate | Around Los Angeles | Scoop.it
The Greenwich, Connecticut estate of timber mogul John Rudey becomes the most expensive home for sale in the U.S. by a margin of $55 million..
Jane Peters www.homejane.com's insight:

I shall have to call my buyers.......

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'Tiny houses' are growing in popularity

'Tiny houses' are growing in popularity | Around Los Angeles | Scoop.it
BALTIMORE — Greg Cantori plans to downsize when he retires. Really, really downsize.
Jane Peters www.homejane.com's insight:

It IS cute, but long term....?

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Home appraisals no longer derailing sales

Home appraisals no longer derailing sales | Around Los Angeles | Scoop.it
Consider this one more sign that the housing market is heating up: Appraisers are putting higher values on homes again, allowing for more deals to go through.
Jane Peters www.homejane.com's insight:

Thank goodness, since almost everything is going at or over asking.

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Drones are ready for real estate | Inman News

Drones are ready for real estate | Inman News | Around Los Angeles | Scoop.it
Jane Peters www.homejane.com's insight:

Got drones!

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Is a Home Warranty Necessary in a Hot Market?

Is a Home Warranty Necessary in a Hot Market? | Around Los Angeles | Scoop.it
Home warranties are useful—but they have their limits.
Jane Peters www.homejane.com's insight:

In this competitive sellers' market I usually advise the buyers not to ask for a home warranty.  

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Builders hold lotteries for eager new homebuyers

Builders hold lotteries for eager new homebuyers | Around Los Angeles | Scoop.it
Demand among homebuyers is so high in some parts of the country that builders are holding lotteries to decide who gets to purchase homes in their developments.
Jane Peters www.homejane.com's insight:

It's come to this...

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Home sellers hold out for higher prices

Home sellers hold out for higher prices | Around Los Angeles | Scoop.it
Why homeowners are keeping properties off the market.
Jane Peters www.homejane.com's insight:

Proof positive that it doesn't really pay to wait.

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Century City Getting 10 New Single-Family Houses For 42 Total

Century City Getting 10 New Single-Family Houses For 42 Total | Around Los Angeles | Scoop.it
Fun fact: there are only 32 free-standing single-family houses in Century City (at least according to a developer). They're all in the gated Century Woods, home to the aging...
Jane Peters www.homejane.com's insight:

Now this I can't wait to see.

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5 Tips for Dealing With No Good, Terrible, Very Loud Neighbors

5 Tips for Dealing With No Good, Terrible, Very Loud Neighbors | Around Los Angeles | Scoop.it
Welcome back to Curbed University after a brief spring break. Curbed U delivers insider tips and non-boring advice on how to buy, sell, or rent a house or apartment....
Jane Peters www.homejane.com's insight:

This is some great advice.  The best being to calm down before approaching the noise creators. 

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Los Angeles Real Estate by Neighborhood: 1st Qtr 2013 Snapshot

Los Angeles Real Estate by Neighborhood:  1st Qtr 2013 Snapshot | Around Los Angeles | Scoop.it
Let's check in in the  Los Angeles real estate real estate market by neighborhood for the 1st Qtr of 2013 and compare it to the last Qtr of 2012.  Which areas favor sellers and which favor buyers? ...
Jane Peters www.homejane.com's insight:

Checking in on Los Angeles real estate by neighborhood for the First Quarter of 2013

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aniamaclain's comment, April 19, 2013 4:25 AM
its really amazing