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Uncategorized The State of Real Estate – May 2023 “Dug-in and not much budging”  At the time of publishing, this residential real estate market is shaping up to be one of the most interesting and unprecedented ones I’ve experienced. Perhaps fallout from the many unprecedented events that have befallen us over the last five years. Whether it is or is not a result of cause and effect, the housing […]
Uncategorized The Selling of 10508 Wilkins Ave. The Selling of 10508 Wilkins Avenue The Wilkins property was built in 1928 and likely designed and constructed by the Jans company, who developed and built out most of this tract (between Santa Monica and Wilshire Blvds.) which Jans had promoted as “Westwood Hills”. At that time Spanish Revival architecture was very popular and when […]
Uncategorized The Heat of the Current Residential Real Estate Market ~ Daily Snapshots, Listings Taken and, Absorption Rates (by area & summary), as of October 1, 2022 Forget about average sale price, mean sale price, price reductions, high sales price, average price per square foot and so on. If you want to really know how hot the market is, the best way to measure the market is using Absorption Rates. (See Chart Below) Absorption Rates Explained An Absorption Rate is a calculation […]
Uncategorized Q & A: Why I choose to be a Seller-Exclusive Listing Agent As a Seller-Exclusive Listing Agent (S.E.L.A.) I do not personally act as a dual agent in my real estate practice. I believe that separate representation when listing a property for sale is the most ethical form of representation in a real estate transaction. I also believe that acting as a seller-exclusive listing agent enables me to achieve the optimal price and […]
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