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ActivitiesView Email Mystery trust plans to tear down hacienda where movie star died, but fans aren’t happySome like it hot. But for the mystery buyers of the only home owned by Marilyn Monroe who want to bulldoze the Brentwood landmark into oblivion, the heat’s been scalding.In July, Glory of the Snow Trust paid $8.35 million for the 2,900-square-foot hacienda-style home where the Hollywood icon...

OC home prices expected to fall by 11% as recession looms "Storm clouds are brewing for Orange County real estate, with home prices expected to tumble this year by more than 10 percent in the wake of a national recession. The OC economy will sputter along with the nation as local home prices fall by 11 percent in the next six months, the Orange County Register reported, citing Chapman University...

The LA real Estate market continues to grow & thriveHowever, based on current trends and projections, the real estate market in Los Angeles is expected to continue to grow and thrive in June 2023. The city's strong economy, diverse population, and desirable location make it a popular destination for both domestic and international buyers.​​​​​​​Additionally, the ongoing development...

Home sales slump across Southern California"Home sales across Southern California have fallen precipitously, with the number of deals down by almost half.Buyers closed on 13,201 single-family homes and condos in April, down 46 percent in a year, the Orange County Register reported, citing figures from CoreLogic.It was the third biggest, year-over-year drop since records began in 1988.The wrench in...

Those ocean views come at a price for home buyers"That breathtaking view of the Pacific comes at a price.California homebuyers spent an average of $210,000 more — $1.66 million compared with $1.45 million — for a home with an ocean view than one that is close to the water, but doesn’t have a view of it, the Orange County Register reported, citing a study of 34 California markets by property manager...

LA apartment rents fall incrementally in March"Apartment rents continue their downward trend in the Los Angeles market.Realtor.com found L.A. area median rents dipped 0.8 percent in March compared to the same time a year ago.. In a month-to-month comparison, Los Angeles area rents dipped about 0.9 percent from February to March, according to Realtor.com’s data, which evaluated rents in metropolitan...

State program for first-time home buyers doles out $300M in two week "A state fund with $300 million to help first-time home buyers has emptied out in two weeks. The California Housing Finance Agency’s loan program, which launched two weeks ago to help 2,300 home buyers with their down payments, is now out of cash, the Los Angeles Times reported. The program, dubbed California Dream for All...

LA cuts revenue projections from new transfer tax by 25%"The City of Los Angeles expects to make a lot less from its new transfer taxes than originally advertised. Measure ULA is projected to generate up to $672 million in revenues from July 1 of this year through June 30 of next year, according to an analysis from the City Administrative Office, which conducts financial and budget analyses. The office...

Are you dreaming of a new home in California? If so, you may be wondering about the recent news of Silicon Valley Bank's (SVB) closure. As one of the most prominent players in the tech and venture capital community, SVB's collapse could have ripple effects on the housing market, potentially impacting your ability to secure a mortgage.But fear not—as your trusted realtor, I will guide you through this...

Nestled on the western edge of Los Angeles lies Culver City, a city with a rich history in Hollywood as "the heart of screenland." But in recent years, Culver City has undergone a dramatic transformation, earning a new nickname as "the heart of streamland." With its prime location at the crossroads of Silicon Beach and Hollywood, it's no wonder tech giants like Amazon, HBO, TikTok, and Apple are...