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The Federal Reserve Bank just released the minutes of its July 2016 meeting wherein they decided not to increase interest rates. The minutes contained 14 pages of financial mumbo jumbo that basically said, no rate increase. Despite the Fed dangling…

In our last real estate post, we noted that the number of home sales in June were up 6%. So, it is no surprise that prices were up 6.7%, as well. This was the biggest increase in the country. To…

The summer selling season has a good runway from which to roll forward. The 4 months from March to June showed a 2% increase in sales of previously owned homes and a 4% increase in condominiums. The June home sales…

On a clear day, you can see all the way to the Pacific from Mount Washington. Perhaps one of the most sought-after areas in all of Northeast Los Angeles, Mount Washington has much to attract prospective homebuyers. Yes, the views…

The Los Angeles real estate market essentially paralleled the state of California’s in May – the number of sales fell slightly, but due to tight inventory, prices advanced. Statewide home sales decreased 3.2% from May of 2015 but prices are…

Los Angeles Real estate prices continued to advance in May as they did in the rest of Southern California. According to Core Logic, the median home prices in LA increased to $525,000, a jump of more than 8% from a…

We thought we would share a few memorable thoughts about our “hood” – Echo Park. Echo Park is a marvelous combination of Los Angeles working class tradition and present days’ hipster chick. The neighborhood is a cool 125 years young…

The median price* for L.A. County real estate increased 5.9% in March over March, 2015. The median price in March, 2016 was $506,000. Supply is thin which is pushing prices higher. The higher prices are keeping some millennials out of…

Forbes commissioned a study of the rental real estate rates of cities across the U.S. Rents in Los Angeles were the 5th most expensive in the nation. The average monthly rent in L.A. amounted to just under $1,900. But this…

An interesting development in our hood is the May 25th opening of the first-ever “Whole Foods 365” supermarket in Silver Lake. This is a unique, first-of-its-kind development. The story in Curbed LA tells it best. As far back as 2013,…