This is our first Condominium report for the Micro Markets we track on the Westside of Los Angeles. Condominiums are a Micro Market in and of themselves and are behaving differently from the single family residence market. Of the Micro Markets we track, several have a very limited condominium market while other areas like Santa [...]

Filed under: Industry and Economic News, Micro Market Updates, Teles News and Press Releases on July 25th, 2008 | No Comments »

Of the 257 closings this month, 46% sold within the first 30 days of  being on the market. There is no disputing the evidence that good homes at a good price are still selling very quickly. The following micro markets were up in sales activity June 08 vs. June 07: Beverly Hills, Westwood – Century [...]

Filed under: Industry and Economic News, Micro Market Updates, Teles News and Press Releases on July 21st, 2008 | No Comments »

The City Council adopts rules curbing the size of remodeled homes on the flatlands and preserving low-income housing, mostly on skid row, that advocates fear are in danger of becoming lofts. By Jessica Garrison and Cara Mia DiMassa, Los Angeles Times Staff Writers 2:47 PM PDT, May 6, 2008 » Discuss Article (14 Comments) The [...]

Filed under: Uncategorized on July 16th, 2008 | No Comments »