Homeowner Exacts Emoji Revenge On Snitching Neighbor A Manhattan Beach homeowner is in no mood to tolerate snitching neighbors, after being fined $4,000 by the city for violating its restriction against short-term rentals. The homeowner has expressed her contempt for her nosey neighbors by painting her home pink and topping it off with two emojis. …
Fed Cuts Target Interest Rate For First Time Since 2008 For the first time since the last economic recession and housing bubble burst, over a decade ago, the Federal Reserve has cut the target interest rate in a move to stimulate the economy. The Fed lowered the rate by a quarter point, down to a…
New Los Angeles Airbnb Regulations Will Limit Short-Term Rentals On July 1, 2019, new regulations governing Los Angeles Airbnb properties officially went into effect. The regulations were put into place by an ordinance that was adopted by the Los Angeles City Council in December of 2018. The new regulations are anticipated to have a significant…
Metro Purple Line Extension Coming Soon(ish) As metro continues to work tirelessly to expand the existing railway system in Los Angeles, the much anticipated Metro Purple Line Extension is underway with a final expected completion date in 2035. The current Purple Line (pictured below) connects downtown to the Wishire/Western intersection. The extension, pictured above, will…
California Senate Bill 50 Proposed To Increase Housing Supply In December of 2018, California Senator and Democrat Scott Wiener from San Francisco proposed California Senate Bill 50, which is designed to increase housing supply surrounding public transit throughout California. The bill faces opposition from numerous cities and organizations, including the Los Angeles City Council, for…
Google To Take Over Almost 600k Square Feet At Westside Pavilion In a bid to increase its presence in Southern California, Google recently signed a 14-year lease to occupy 584,000 square feet at the new development called One Westside, formerly home to the Westside Pavilion shopping mall. The move comes after leasing 100,000 square feet…
Dine LA Restaurant Week 2019 Between January 11 and 25, Dine LA will provide diners all over LA will the opportunity to experience discounted prix fixe menus at some of LA’s finest restaurants. This bi-annual event has been massively successful over the past 11 years, exposing consumers to new restaurants and restaurants to new consumers. What…
2019 Real Estate Predictions 2018 was a year of perspective. Sellers may have been disappointed to see fewer buyers willing to participate in bidding wars due to increases in interest rates and resulting increased cost of home ownership. Buyers, on the other hand, saw a welcome cooling of the market. While we expect the cooling…
Debunking The Housing Bubble Myth It is, by far, the most common question asked about the real estate market by friends, family, clients, and strangers alike – “When is this housing bubble going to burst?” I always respond with a question of my own – “Why do you believe we are in a bubble that…
California Enacts Solar Panel Mandate For New Homes California is close to becoming the first state to mandate solar panel installation on all new homes. As of January 1, 2020, all newly built homes and condominium/townhome buildings of three stories or less must be built and sold with solar panels installed. The California Energy Commission…
