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Thumbnail image for You may want to consider Buying…What $1,900 Rents You in Los Angeles Right Now

You may want to consider Buying…What $1,900 Rents You in Los Angeles Right Now

by Mario Acosta June 18, 2015 How's The Market

You may want to consider Buying…

 

What $1,900 Rents You in Los Angeles Right Now

 

Welcome to Curbed Comparisons, where we explore what you can rent or buy for a certain dollar amount in various LA ‘hoods. Is one man’s studio another man’s townhouse? Let’s find out! Our friends at Zumper have helped us out with five …

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Thumbnail image for Great time to sell…Bidding wars have broken out in hot real estate markets

Great time to sell…Bidding wars have broken out in hot real estate markets

by Mario Acosta May 14, 2015 How's The Market

Bidding wars have broken out in hot real-estate markets like Denver and Los Angeles, where there aren’t enough houses to meet demand. The lack of supply is a key reason home sales nationwide have yet to return to healthy levels following the housing collapse in 2008.

“Inventory is still fairly low in a lot of markets …

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Thumbnail image for Lenders begin easing requirements to get a mortgage

Lenders begin easing requirements to get a mortgage

by Mario Acosta February 24, 2015 Market Trends

A closely watched index that tracks mortgage credit availability — lender requirements on credit scores, down payments and other key loan terms — has some good news for potential home buyers: Things are finally loosening up.

After years of progressively tighter rules on borrower eligibility in the wake of the housing bust, banks and mortgage companies …

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Thumbnail image for Inaccurate Zillow ‘Zestimates’ a source of conflict over home prices

Inaccurate Zillow ‘Zestimates’ a source of conflict over home prices

by Mario Acosta February 12, 2015 Buyers

When “CBS This Morning” co-host Norah O’Donnell asked the chief executive of Zillow recently about the accuracy of the website’s automated property value estimates — known as Zestimates — she touched on one of the most sensitive perception gaps in American real estate.

Zillow is the most popular online real estate information site, with 73 million …

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Thumbnail image for Dodgers’ Yasiel Puig makes $1.8 million splash in Sherman Oaks

Dodgers’ Yasiel Puig makes $1.8 million splash in Sherman Oaks

by Mario Acosta February 3, 2015 Market News

Rising Dodgers star Yasiel Puig is eschewing the bright lights of L.A. for a home in the Valley.

The dynamic outfielder, who previously made his home in a downtown luxury loft, has paid $1.8 million for a gated Mediterranean-style residence in Sherman Oaks.

Set behind tall palms and a privacy wall, the two-story home is entered through …

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Thumbnail image for Are You Aware Many Homes Are Selling Before They Hit The Market?

Are You Aware Many Homes Are Selling Before They Hit The Market?

by Mario Acosta November 14, 2013 Buyers

Pocket Listings Are Real Estate’s Hidden Market!
Some homes are bought and sold without ever being officially listed or put on the market.
This word-of-mouth technique – once used mostly by the rich and famous – has gained popularity among sellers and it takes savvy agents to know how to source these off market listings.  These off …

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Thumbnail image for Growth of Encino Real Estate Prices Could Be More Believable

Growth of Encino Real Estate Prices Could Be More Believable

by Mario Acosta October 1, 2013 How's The Market

Real Estate Prices Growing at a More Sustainable Pace

The future of real estate prices in Encino is always a matter of keen interest to area homeowners. So it’s important when the latest national numbers in the Case-Shiller Index show that the rate of rise in real estate prices has begun to slow.

Encino homeowners should be …

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Thumbnail image for Sherman Oaks Homebuyers May Perk Their Ears at This Concession

Sherman Oaks Homebuyers May Perk Their Ears at This Concession

by Mario Acosta September 19, 2013 How's The Market

Should You Offer to Pay Homebuyers’ Closing Fees?

Here’s the good news: Homes are selling faster today, with the National Association of Realtors® reporting that the sale of existing homes in July rose more than 17% from 2012. That, in sales results terminology, qualifies as a ‘spike!’

Better yet, homes are selling more quickly – TOM (Time …

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Thumbnail image for For Sherman Oaks Boomers, Buying a Home Reveals Changing Priorities

For Sherman Oaks Boomers, Buying a Home Reveals Changing Priorities

by Mario Acosta September 9, 2013 Local Topics

Boomers’ Housing Choices Show Tilt Toward Comfort

If Sherman Oak’s baby boomers are echoing national demographics, they are either already enjoying retirement or are preparing for it. But for soon-to-be seniors, that word retirement has taken on some new connotations. Today’s seniors may be headed to a retirement with some major differences.

Taken as a whole, boomers …

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Thumbnail image for Real Estate Watchers Buoyed by Market Report

Real Estate Watchers Buoyed by Market Report

by Mario Acosta June 4, 2013 How's The Market

When it comes to the Sherman Oaks’s residential real estate outlook, some truisms say it all: “Strike while the iron is hot!” “The early bird gets the worm!” “Time and tide waits for no man…” Sometimes those hoary old clichés have survived because their wisdom doesn’t ever change — and right now, some hard facts …

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