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There’s an absurd amount of propaganda about the housing market in the news these days. And it’s not just our clients who are absorbing it. Realtors are coming to me in a panic over clickbait-style headlines from respected journalists. I was watching a video the other day in which a journalist stated we could see a “20% decrease in housing year over year.” But they ...
Rent control in Los Angeles is confusing people; especially with an ongoing state of emergency gripping the city. We witnessed this first hand when we attended the Los Angeles Housing Department’s (LAHD) Wednesday, August 24th webinar. The meeting was primarily packed with landlords as baffled as they were angry. Despite his succinct responses, host Agassi Topchian, a member of ...
Is now the right time for prospective buyers to purchase that luxury mansion they’ve been eyeing? Well, that depends. But if you’re in the market for Los Angeles luxury homes, you may be seeing a decent amount of them hitting the market in the coming weeks. That’s because Measure ULA, nicknamed the “mansion tax” despite the objection of our own Arthur Chalekia...
Some are calling it the kind of relief one expects from a functioning first world government. Others are calling it an overreach that ignores the real solution. But no matter how you slice it, the Biden administration announced on Wednesday, January 25 its intention to establish a fledgling “renters bill of rights.” What does this mean? A diverse battery of renters rights applied at...
There are myriad reasons you might want to tighten up your writing skills. Believe it or not, critical thinking development is among them. Even if you’re unfamiliar with the term “critical thinking”, you’re using it everyday. It starts with the collection of information and follows with in-depth analysis to help you form an opinion. And hopefully that opinion is an educa...
If you’re looking forward to home prices dropping in the near future, you may want to read this. Our CEO, founder, and principal broker Harout Keuroghlian recently made clear his belief that we’re not going to be seeing home prices reduced by much, if any, in the foreseeable future. And when Harout has a “belief”, you can count on it being more of an educated guess. His ...
Featured image credit: Visitor7 We often talk about the history of Los Angeles on this blog, but today we’re going back to the very beginning. Sort of. Indigenous people lived in the area we call Los Angeles for centuries before the city’s first stone was laid. But if you ask locals to take you to the beginning, most will guide you to a vibrant pocket at the border of Downto...
It’s a great time in California to own an ADU. Last year, our government made it easier than ever to build authorized accessory dwelling units (ADUs). But now, thanks to Assemblyman Phil Ting’s (D-San Francisco) recently drafted Assembly Bill 1033, it’s becoming just as easy to sell these units as ADU homes the way one would sell a condo. It’s a big step toward solv...
In the ever-evolving realm of commercial real estate, staying abreast of the latest trends and market dynamics is crucial for investors, developers, and industry professionals alike. As we venture further into 2024, the landscape of commercial real estate continues to be shaped by a myriad of factors, ranging from technological advancements to global economic shifts. Let's delve into some k...
