Choosing a Neighborhood in Silicon Beach
As prices continue to increase and many Playa Vista residents consider the their next home if they choose to move up in Playa Vista or the Westside, I am also helping many people learn about different neighborhoods in LA. Many people looking to get more for their money and therefore …
The Case Against Buying New Construction
The popularity of new construction homes cannot be denied and new costruction is especially common in Playa Vista, a newer overall community. Who doesn’t want to be able to move right in without doing any work, never use a stove that used to cook someone else’s food, never use a …
Sales as a Percentage of Listings are Down in a Big Way in ’19
Sometimes it is necessary to create a metric to support an assumption based on one’s experiences. The experience in question is that in 2019 a lot of listings are not selling. The metric I created is sales as a percentage of listings (SL Percentage). This is calculated by dividing the …
The Legal Ramifications of Emojis in the Modern World
Can a knife emoji double as a threat to kill someone? Does a heart emoji from a manager constitute sexual harassment? More emojis are showing up in court cases throughout the United States. Attorneys are having to argue for different interpretations of the small illustrated characters that are used to …
Where is the Playa Vista Market Heading?
It is inaccurate to speak of the real estate market in general in terms of good, bad, or otherwise. Markets vary by location, price point, and localized supply and demand trends. It is similarly inaccurate to refer to the Playa Vista market in general terms since there are wide array …
Dealing With HOA’s
In Playa Vista and many other places, HOA’s or Home Owners Associations are a fact of life. They create and enforce rules that add stability to communities and manage common facilities that no one owner would have the manpower to manage. On the other hand, many people find them intrusive, …
Key Points from Housing Seminar at Loyola Marymount University
For the third year in a row, I was fortunate to be invited to speak as the residential real estate expert at the LMU faculty housing seminar, which was conducted this week on campus. The turnout generally consists of tenure or tenure track faculty who are looking to put down …
A Bidding War is Not a War
Over the past few years in what could be considered a seller’s market in most areas, including Playa Vista, many properties for sale have generated offers from multiple buyers. Some call this a “bidding war” and some buyers want to avoid this situation. It is important to remind people that …
State of the Playa Vista Market
There’s only one word to describe the recent run up in housing prices in Playa Vista – unbelievable! Homes such as an Asher plan 3 which sold new a year ago in the $1.6’s, recently closed for $2,250,000. Tapestry homes are selling for $250-$300K more than the same models traded …
Paraiso Buildings on Sea Walk Drive have New Address
Finally, in an appeal to reason, the Paraiso HOA has legally changed its address for it’s second phase of buildings (2-A, 2-B, and 2-C) located on Sea Walk Drive. After realizing it did not make sense to travel several hundred feet to the North on Sea Walk Dr. to enter one’s …