Existing-Home Sales Jump in June

Existing-Home Sales Jump in June

Existing-Home Sales Jump in June Existing single-family home sales jump in June. The data showcases the number of existing single-family homes that have sold during a given time. The Nation Association of Realtors (NAR) records and posts the data monthly to help consumers, investors, and real estate professionals understand the current health of the real estate market across the United States. The report is broken down by regions and includes data for the West, Midwest, South, and Northeast regions. Condominium and co-op sales are also included in the report published by NAR, however, the NAR also publishes a breakout report […]

What Will Homes Look Like In A Post-pandemic World?

What Will Homes Look Like In A Post-pandemic World? A lot has changed in just a few months, and for many that includes the idea of what a ‘dream home’ looks like. Not long ago, buyers were showing preference toward smaller homes and open concept spaces conducive to gathering. After a few months cooped up inside, those features don’t seem so appealing – and developers have taken note. “While the coronavirus still rages on, it’s hard to predict what post-pandemic abodes might look like,” according to Barrons. “Yet, developers around the U.S. are already rethinking projects, anticipating residents’ needs and preferences […]

3 of the most luxurious homes for sale in 90210

3 Luxury Homes for sale in 90210 Beverly Hills CA Luxury real estate in Beverly Hills does not disappoint. From sprawling lots in Los Angeles’s most prestigious zip code, to magnificent modern homes with views; you can shop for all luxury single-family homes for sale in Beverly Hills online here. These are the top 3 luxury homes for sale in 90210 right now #1 67 Beverly Park Court, Beverly Hills, CA 90210 – $160,000,000 – 988+ days on the market Truly one of the most magnificent estates offered in Beverly Hills 90210 zip code.  This estate sits on more than […]

Real Estate Listing and Showing Guidelines – A New Normal in Real Estate

COVID-19 Real Estate Listing and Showing Guidelines A prevention plan during the coronavirus pandemic While Los Angeles, Beverly Hills, and neighborhoods around America relax stay-at-home recommendations, real estate agents must implement consistent policies that protect the public. Real estate agents are independent contractors and must operate under a principal broker.  Different agents and brokerages will have unique responses to the coronavirus pandemic.  Some will choose to lead with caution and others may lead with negligence. At Coldwell Banker Realty in Beverly Hills, I have the guidance and understanding to lead with caution.  When you choose to list your home for […]

New Home Construction Shows Positivity Amid the COVID-19 Pandemic

Sales of Newly Built Homes Show Strength Sales of newly built single-family homes recorded positive movement in April based on a report by the U.S. Department of Commerce and the United States Census Bureau. Despite a 0.6% national gain from March to April, sales of newly built homes year over year are down 6.2% as the world navigates stay at home orders issued by local governments. New Home Sales in the Northeast, Midwest, and West New home sales were the strongest in the Northeast as new home sales increased by 8.7%. Sales also gained momentum in the Midwest and South, […]

Housing Starts Sink Deeper

Housing starts sink deeper – May 19, 2020 The commerce department has posted a record decline in housing starts Tuesday, May 19, 2020.  Permits for future construction also tumbled suggesting more uncertainty circulating around in the construction community. Housing starts fell 30.2% to a seasonally adjusted annual rate of 891,000 units last month and permits for future home construction declined by 20.8%. The decline was the largest percentage drop in history and the lowest housing start numbers recorded since 2015.

A Housing Analysis Before and After COVID-19

A Housing Analysis Before and After COVID-19

Where will the value of homes be after COVID-19? The true direction of real estate values is currently unknown as we explore unchartered territories due to COVID-19.  Agents, homeowners, and prospective buyers are speculating across the nation as to what direction sales and prices will head later this year.  The housing market pre-COVID-19 was fundamentally strong as we began the new year.  Rolling into what some coined the new roaring 20s was exciting for many as we entered the longest economic expansion in U.S. history. Trends in the single-family housing inventory The current decline in markets was not a result […]

The U.S. Gross Domestic Product Tumbles 4.8%

The U.S. Gross Domestic Product Tumbles 4.8%

The coronavirus pandemic has officially triggered a steep decline in gross domestic product.  For the first time since the financial crisis of 2008 the United States GDP retreated 4.8% according to the U.S. Bureau of Economic Analysis.  The decline was not unexpected and many economists anticipate the decline to continue well into the second quarter of 2020. The gross domestic product first quarter second estimate will be released on May 28, 2020, at 8:30 AM EST. Gross domestic product is the value of the goods and services produced by the nation’s economy less the value of the goods and services used […]

New Home Sales Decline 15.4%

New Home Sales Decline 15.4%

New U.S. home sales free fall by about 15.4% in March according to the monthly report from the U.S. Census Bureau and Department of Housing and Urban Development. The largest decline since July 2013 is expected to continue at least in the short term as COVID-19 continues to damage real estate markets around the world. The Census Bureau collects new home sales based upon the following definition: “A sale of the new house occurs with the signing of a sales contract or the acceptance of a deposit.” The house can be in any stage of construction: not yet started, under […]

A New Beginning in Real Estate

A New Beginning in Real Estate A fresh new look has formally been introduced into the competitive Beverly Hills real estate world.  A new beginning in real estate at Coldwell Banker Realty in Southern California rolls out a new logo with an exciting message of unification.  Coldwell Banker Realty has real estate offices and agents all around the world in international markets.  Coldwell Banker Realty’s new Sneek Peak program has the ability to reach approximately 45,000 agents across the country before your listing is published in the multiple listing service (MLS). Coldwell Banker Realty is bringing together the entire company […]

A new logo for Coldwell Banker in 2020

Expect New Curb Appeal in 2020 from CB Coldwell Banker Residential Brokerage announced that the company will be taking on a new more modern look in 2020. The rebranded logo will complement the recent release of Coldwell Banker’s Concierge Service created to help sellers gain more exposure when listing homes for sale. The real estate brokerage intends to retell the brand’s story so that it resonates with modern agents and consumers. Coldwell Banker is a real estate company founded in San Francisco in 1906. Currently, the brand operates under the NRT, LLC. 40+ Years in the Making The international real […]

One Niche Neighborhood in Los Angeles Homebuyers Should Consider

One Niche Neighborhood in Los Angeles Homebuyers Should Consider

Explore modern homes in Southern California with Coldwell Banker Residential Brokerage in Beverly Hills, Coldwell Banker’s #1 real estate brokerage office in North America.  Explore and search all active listings in Beverly Hills and Bel Air at MarcAnthony.Co Los Angeles is home to some of the most desirable real estate on the planet.  The best homes in Los Angeles offer owners and their closest friends jetliner views, nostalgic history, and convenient access to The City of Beverly Hills and Los Angeles.  Behind the allure and glamor, homebuyers can find unique niche neighborhoods hidden around the city like 770 Latimer Road […]

Outside Lights Add Value and Dimension to Your Home

Illuminating the facade or property line can unwrap character, add value, and improve the safety of your personal environment.  It doesn’t matter if you’re building a new home or adding to your existing residence, exterior lighting can make all the difference.  If you’re purchasing a compounded estate, ask the seller if his property lines are well illuminated.  A dark or unilluminated property line can encourage unscrupulous behavior and give criminals a drape to hide behind.  Use light like art and showcase exquisite accents that make your home unique.  Bring the character of your home out of the darkness with lights.  […]

2 Extraordinary View Homes in Lower Bel Air

On your search for new homes in Southern California, or anywhere in The United States of America, don’t overlook the importance of a good view.  Properties around Los Angeles offer dozens of unique views that will fulfill any imagination if you have the means to purchase these views.  Are you searching for a more tranquil forest-like view or choosing to identify a dramatic, dense, and up-close city view?  Not only are views important because they fulfill a discerning non-negotiable requirement that you must have, they also add value to your property. Homes with views are extremely desirable in Los Angeles, […]

Historic Abode in Carthay Circle | Los Angeles, California |

In the heart of Los Angeles’s iconic Carthay Circle, located on a comfortable, charming, quiet one-way street, is an architectural beauty; designed in the spirit of the great Spanish Revival. Travel back in time, to a courtyard filled with natural light, all the while enjoying the historic elegance and powerful craftsmanship of your home. Exposed trusses, hardwood floors, and a vaulted ceiling showcase unforgettable character and style. A two-car garage with an attached guest house adds additional value to this residence. This location allows easy access to Museum Row, Beverly Hills, and The Grove. If going green is your style, […]

What is California Proposition 10, Local Rent Control Initiative (2018)

What is California Proposition 10? Proposition 10 is an initiated state statute that would repeal the Costa-Hawkins Rental Housing Act (Costa-Hawkins), thus allowing counties and cities to adopt rent control ordinances that regulate how much landlords can charge tenants for any type of rental housing. Proposition 10 would also state that a local government’s rent control ordinance shall not abridge a fair rate of return for landlords.[1] What is the Costa-Hawkins Rental Housing Act? Costa-Hawkins is a state statute that limits the use of rent control in California. Costa-Hawkins provides that cities cannot enact rent control on (a) housing first occupied after February 1, […]

This Week’s Newest View Magazine

Greater Los Angeles In this edition: Cover represented by Joyce Rey and Denise Hamilton for $8,250,000. » READ NOW More about VIEW magazine! Unmatched Regional Readership Exclusive to Coldwell Banker Residential Brokerage, VIEW magazine is Southern California and Arizona’s largest real estate publication, with an annual distribution of over 12 million copies. The visually engaging, full-color magazine is distributed to consumers through news publications each month, reaching hundreds of thousands of potential buyers in targeted zip codes throughout the region. A special Chinese version is translated into Mandarin and inserted into the Wall Street Journal in Beijing and Shanghai several times per […]