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…
Metro Crenshaw/LAX Line In a continuing bid to make public transportation a more viable option in Los Angeles, Metro is currently working on an expansion of its light-rail line to provide access to LAX. The new line, known as the Metro Crenshaw/LAX Line, presents the exciting prospect of making light rail transportation an option for…
Case Study Houses – LA’s Historic Architectural Experiment In 1945, the publication Arts and Architecture announced its intent to build “Case Study Houses”. The goal of the program was to create experimental, model homes that could be easily and inexpensively duplicated, in order to address the post-World War II housing boom. The program was never…
2018 Real Estate Predictions The year 2018 promises to be an interest year in the real estate market. With a new tax plan in place that significantly alters home affordability, there can be little doubt that the revised tax code will have some impact on the housing market. Whether that impact will significantly slow growth…
Garage Conversion Restrictions Eased In California This year has seen a substantial increase in garage conversion units, also known as “granny flats” or “Accessory Dwelling Units“, due to California’s new Senate Bill 1069. The bill, enacted in 2017, was designed to increase housing supply by easing restrictions on garage conversion units. The bill also presents…
Sell To Buy – How To Concurrently Buy And Sell A Home Changing homes can be difficult, especially when it involves using equity from your first home in order to purchase a new home, or when you need to “sell to buy”. In this article, we discuss different options of how to “sell to buy”,…
1031 Exchange – What It Is, How It Works, And Why It Matters We previously discussed the Tax Benefits of Home Ownership that relate primarily to principal residences, but what about tax benefits or advantages of investment properties? In real estate, investors often take advantage of what is commonly called a “1031 Exchange” in order to…
Cersei Lannister Sells Sherman Oaks Stronghold For $2.05mm Lena Headey, perhaps better known to the public as Cersei Lannister, recently sold her Sherman Oaks home for $2.05mm. Originally purchased in 2014 for $790,000, the home was recently listed for $1.945mm, and subsequently sold for over $100,000 above list price at $2.05mm. The home was originally…
Kanye West Sells $2.95mm Hollywood Hills Home After failed attempts to sell the property in 2010 and 2013, Kanye West has finally sold his West Hollywood Hills bachelor pad for a cool $2.95mm. The sale was completed off-market, so details about who listed the property and for how long, as well as details about the…
