A MULTI-FAMILY MILLENNIAL HOUSING MARKET IN HOLLYWOOD GOES “BOOM!”

A MULTI-FAMILY MILLENNIAL HOUSING MARKET IN HOLLYWOOD GOES “BOOM!”

Developers have big Hollywood dreams, and their target audience is millennials. Several multifamily projects are slated to hit the Hollywood market over the next few years as young creative professionals clamor for apartments in the thriving new media hub. The neighborhood hit 96.2 percent of its residential capacity at the beginning of December, according to… Continue Reading

L.A. IS AMERICA’S MOST VALUABLE HOUSING MARKET

L.A. IS AMERICA’S MOST VALUABLE HOUSING MARKET

When it comes to the value of all the real estate in America’s biggest cities, New York and L.A. are usually first and second on the list, often switching places, depending on what analysis you read. A year-end market-value report from home listings site Zillow concludes that Greater Los Angeles is the U.S. champion. “The total value… Continue Reading

A RECORD YEAR OF SALES FROM JEFF YARBROUGH AND L.A. LUXE GROUP

A RECORD YEAR OF SALES FROM JEFF YARBROUGH AND L.A. LUXE GROUP

This time of year lends itself to look back and to look forward. I thought it would be fun to review each of 2016’s months and highlight one sale that I had an exceptional time working on. Whether it be a client I supremely enjoyed spending time with, a property that felt great to hold… Continue Reading

HAVE YOURSELF A GLAMOROUS LITTLE CHRISTMAS

HAVE YOURSELF A GLAMOROUS LITTLE CHRISTMAS

Somehow it’s fitting that a woman known for white fur-lined clothing died just before Christmas. Zsa Zsa Gabor, the Hungarian-American actress best known for her over-the-top lifestyle and many marriages, died Sunday in Los Angeles. The Hollywood legend once famously proclaimed, “I am a marvelous housekeeper. Every time I leave a man, I keep his… Continue Reading

OBAMA CARES… ABOUT BUYING REAL ESTATE

OBAMA CARES… ABOUT BUYING REAL ESTATE

Donald Trump isn’t the only real estate mogul on the move. The Obamas are starting to decorate three post-White House residences to occupy post-01/20/17. Here are some details about their new digs… WASHINGTON, D.C.: The Obamas will stay in the ‘hood by moving into a nine-bedroom mansion in the Kalorama section of The Capitol city—a… Continue Reading

NETFLIX AND AMAZON BOOST THE FORTUNES OF SELLERS AND LANDLORDS

NETFLIX AND AMAZON BOOST THE FORTUNES OF SELLERS AND LANDLORDS

The rising tide of original online programming—specifically from Netflix and Amazon—is causing rents, occupancy, and prices to rise in parts of Los Angeles. Aside from taking over swaths of commercial spaces, the streaming companies are on hiring binges and are also relocating employees to L.A. offices. In non-rent controlled residential L.A. neighborhoods, rents have risen… Continue Reading

THE PATH FORWARD: HOW WILL TRUMP AFFECT THE HOUSING MARKET?

THE PATH FORWARD: HOW WILL TRUMP AFFECT THE HOUSING MARKET?

Political pundits around the country were stunned this week when Donald Trump secured enough electoral votes to beat Hillary Clinton to become the next President of the United States (although after days of counting, it appears Clinton will win the national popular vote 59.9 million to 59.7 million). While supporters from both sides are still… Continue Reading

SEPTEMBER SLOW-DOWN: HOW SCARY WILL FALL’S HOUSING MARKET GET?

SEPTEMBER SLOW-DOWN: HOW SCARY WILL FALL’S HOUSING MARKET GET?

 The Southern California real estate market took a breather in September, with sales dipping slightly as the market entered a typically slower season amid price gains that have made homes less affordable. Real estate firm CoreLogic said this week that sales in the six-county region fell nearly 1% last month compared with a year earlier. The… Continue Reading

HOW WILL THE 2016 ELECTION AFFECT THE REAL ESTATE MARKET?

HOW WILL THE 2016 ELECTION AFFECT THE REAL ESTATE MARKET?

As a home seller or buyer, you might be wondering: Will the 2016 Presidential election affect the real estate market? The answer is Yes. And No. YES, the next President of the United States will have the opportunity to have a direct impact on the real estate market. For example, the current administration looked to… Continue Reading