Hi Everyone—In the last few months, I can’t tell you how many questions I’ve fielded about property insurance:Do I need property insurance?How much homeowners insurance do I need?
Hi Everyone— Whether you’re buying or selling a piece of property, chances are better than good that you’re partnering up with a realtor—and that’s the right move. Unless you work in the real estate industry yourself, it’s unlikely your knowledge can match the experience or expertise of a seasoned realtor. That being said, it’s important
Hi Everyone— A few weeks ago, I was lucky enough to attend the Keller Williams Family Reunion. If you’ve never attended (and I’m assuming you haven’t), this incredible event provides realtors (like yours truly) with a world-class education on all things real estate (as well as a heavy dose of networking). From keynote speakers such as Gary
Hi Everyone— Charles Dickens’ masterpiece A Tale of Two Cities opens with a line that is very reflective of where we’re at with the current Los Angeles real estate market: “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it
Hey folks—welcome to a brand new year! Thank goodness it’s here because—if we’re facing the facts—2023 wasn’t what we hoped it would be. December’s decline in home sales was the proverbial “cherry on top” of the worst year for the real estate industry in nearly three decades. It was bad for residential. It was bad
As we countdown to 2024, I’d like to take a moment to look back on 2023. With only a few days left, I continue to feel this one of the most tumultuous years in the history of LA real estate. Without wasting any of your time, here are my five most memorable takes from this year:
Divorce. No one wants to talk about it and no one wants to experience it. But divorce is something worth discussing for property owners, especially because it’s on the rise. That being said, this month we’re diving into this somewhat taboo topic to understand why divorce is rising, how current economic conditions impact the division
Hi Everyone, I don’t know if you’ve noticed, but there’s some doom and gloom in the air. An evil specter is casting a dark shadow across the nation and scaring the hell out of every home buyer and seller in sight. Making matters worse is that the Ghostbusters (a.k.a. The National Association of Realtors and
Hi Everyone, The majority of homeowners hold a freaking TON of equity in their homes. In fact, 30% of today’s single-family homeowners owe $0 to the bank for their mortgage because that sucker is paid off in full. Another 55% of owners possess more than 30% equity in their homes. With that much equity, owners
Hi Everyone, Everywhere you look, people are talking about “rate prison” and “golden handcuffs”—the unexpected (or maybe “should’ve been expected”?) consequence of having ultra-low interest rates of 2% to 3% during the pandemic. People who locked in those low-rates on either a new home or a refinance now feel like they can’t afford to move—prices
Hi Everyone, We’ve spent months and months talking about the impact of inflation and the economy on the broader real estate market. Naturally, most of the conversation has trended into negative territory as high interest rates and a slumping economy tend to hammer real estate. Yet for all our talk since the start of 2023,
Hi Everyone, Buying a second home to use as a rental property is something I’ve talked about before. In general, yeah, I think it’s a pretty good idea if you can find the necessary capital to put down and you can avoid the type of financing that will crush your pocketbook on a monthly basis.
