How can we miss you when you won't go away? Or the story of the Studio City condo

This is the story of the Studio City condo that my buyer closed on last month.  The names have been changed to protect the guilty.  Yes, thi...

How can we miss you when you won't go away? Or the story of the Studio City condo 2013-06-16T11:00:00-07:00 Rating: 4.5 Diposkan Oleh: jembe

LA home prices up 19.6% last year -- but wait, there's more

Alejandro Lazo at L.A. Times has a great article today about year-over-year housing trends in the L.A. area.  Yes, prices were up in Decembe...

LA home prices up 19.6% last year -- but wait, there's more 2013-01-16T13:15:00-08:00 Rating: 4.5 Diposkan Oleh: jembe

Debunking the "shadow foreclosure inventory" rumor

Rumors goin' round: I continue to hear that the banks are holding on to a huge amount of foreclosed property.  Apparently, the banks are...

Debunking the "shadow foreclosure inventory" rumor 2012-09-12T19:26:00-07:00 Rating: 4.5 Diposkan Oleh: jembe

Why foreclosure reform might be a good thing

This property is 10633 Chiquita in the Universal City area of Toluca Lake.  I sold this to Carlos and Elaine back in 2007 for $867k.  It ha...

Why foreclosure reform might be a good thing 2012-07-12T11:52:00-07:00 Rating: 4.5 Diposkan Oleh: jembe

Shortage of homes creates fierce competition, says L.A. Times

Just as I've been saying and buyers have been experiencing, today's L.A. Times has a front page story about our current market, its ...

Shortage of homes creates fierce competition, says L.A. Times 2012-06-10T10:17:00-07:00 Rating: 4.5 Diposkan Oleh: jembe

From today's L.A. Times: What it's like to lose your house

L.A. Times runs a regular "Postcards from the Recession" column.  Today, the column has a terrific, first-person article about wha...

From today's L.A. Times: What it's like to lose your house 2011-07-24T09:19:00-07:00 Rating: 4.5 Diposkan Oleh: jembe

The Rapture: good for the real estate market or bad for the real estate market?

...It depends, but mainly bad.  Those of us left behind will have to contend with empty houses, unwatered yards, and unpaid condo associatio...

The Rapture: good for the real estate market or bad for the real estate market? 2011-05-21T09:58:00-07:00 Rating: 4.5 Diposkan Oleh: jembe