Los Angeles Real Estate News

We have to remember our mother's advice: "If you don't have anything nice to say, don't say anything at all"...
Real estate blogger being sued for $25m for alleged libel 
Reports suggest that a Miami-based Real Estate developer is being sued for twenty-five million dollars over some negative comments he made on his personal blog.  



5 REASONS TO BUY A HOME TODAY 

1. Prices in the neighborhood you are interested in are relatively stable. 
 
2. You plan to stay in the home for more than five years. 
 
3. Your rent rivals a mortgage payment. If you can afford to buy, it can give you one bonus that renting can't: the mortgage-interest deduction on your taxes.
 
4. You've found the right house in the right area for you. The schools are great. You love the area and know it would be hard to find another house like the one you have your eye on. 
 
5. You've built equity in your house and are moving to a place where homes are cheaper. 



Now that the Writer’s Strike is over, we can get Hollywood back to work, but the strike certainly had a very negative impact on Los Angles Real Estate

 

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Comments

  • 2/15/2008 12:06 PM Port Orange Homes For Sale wrote:
    I agree five great reason to buy. There is larger than usual inventory in most areas. Interest rates are low. We have that $600.00 coming use it toward your next purchase.
    Reply to this
  • 2/18/2011 11:31 AM Hard Money Los Angeles wrote:
    I'm searching for a real estate venture in West LA, since prices in that area have been pretty stable. The specific area I'm interested in has a top-rated LAUSD elementary school nearby. Does this school secure the price of the neighborhood?
    Reply to this
    1. 2/18/2011 1:04 PM Phyllis Harb wrote:
      Typically when the market declines it declines in all neigborhoods.  But homes located in superior school districts certainly have appeal to more buyers.  I am not familiar with the West LA real estate market, but if you are looking for a real estate professional in that neighborhood or any area, I can make a recommendation.
      Reply to this
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