NEW LISTINGS:
2267 Mandeville Canyon Rd., LA (90049) ::: MLS # 09-387703
Listed Price: $4,485,000
Listing Agent: Ernie Carswell – Teles Properties- BH
1704 Ambassador Ave., Beverly Hills (90210) ::: MLS # 09-386965
Listed Price: $2,749,000
Listing Agent: Kacy O’Brien & Ernie Carswell – Teles Properties-BW & BH
1478 Cardiff Ave., LA (90035) ::: MLS # 09-387603
Listed Price: $1,495,000
Listing Agent: The Fiedlers [...]
Filed under: Teles Weekly Activity on July 31st, 2009 | No Comments »
By Peter Hernandez, Teles Properties (www.telesproperties.com)
There is a unique advantage for a client when a company collaborates to help its clients buy and sell real estate. Contrary to most real estate companies where agents protect and horde information, we share pertinent information with each other like pocket listings, quiet sales, and active buyers in the [...]
Filed under: Uncategorized on July 29th, 2009 | No Comments »
– by Peter Y. Hong
New-home sales were up 11% over May, and initial news reports were playing this up as “the largest month-to-month gain in eight years.”
But let’s keep this in context. The June new-home sales total was down 21% from a year ago. Last year had been the worst year for new-home sales since [...]
Filed under: Uncategorized on July 28th, 2009 | No Comments »
NEW LISTING:
400 Morning Star Ln., Newport Beach (92660) ::: MLS # 09-385115
Listed Price: $4,595,000
Listing Agent: Julie Lubin – Teles Properties-BW
2112 Washington Ave., Santa Monica (90403) ::: MLS # 09-385219
Listed Price: $1,395,000
Listing Agent: Karen Lewis & Kathleen Mahoney – Teles Properties-BH
5966 Graciosa Drive, LA (90068) ::: MLS # 09-386165
Listed Price: $1,195,000
Listing Agent: John Beanum – Teles [...]
Filed under: Teles Weekly Activity on July 24th, 2009 | No Comments »
By Bill Grasska, Teles Financial/ www.telesfinancial.com
Everyone in Real Estate has heard of the new HVCC appraisal guidelines. HVCC stands for Home Value Code of Conduct. The guidelines were set up to keep appraisals unbiased and keep undue influence from realtors, mortgage brokers and other interested parties from biasing the appraised value.
HVCC guidelines called for lenders [...]
Filed under: Industry and Economic News, Uncategorized on July 24th, 2009 | No Comments »
By Teles Properties
It seems like almost every day the world is presented with a new form of electronic media that’s dubbed the latest and greatest and will change our lives forever. To be sure, the evolution of the Internet and electronic media is organic and expansive to say the least. But is it possible to [...]
Filed under: Teles Weekly Activity, Uncategorized on July 23rd, 2009 | No Comments »
By Peter Hernandez, Teles Properties (www.telesproperties.com)
With a competent agent and a savvy sophisticated client probably not. In this case the experience of the agent and client dictates a defined accountability of what each expect from each other and the service is commensurate with the fee and the level of satisfaction high.
But take the average consumer [...]
Filed under: Uncategorized on July 22nd, 2009 | No Comments »
NEW LISTING:
592 N. Radcliffe Ave., Pacific Palisades (90272) ::: MLS # 09-384187
Listed Price: $2,495,000
Listing Agent: Melissa Alt – Teles Properties-BW
10532 Putney Rd., LA (90064) ::: MLS # 09-384469
Listed Price: $1,099,000
Listing Agent: Chad Lund – Teles Properties-BH
3282 Granville Ave., LA (90066) ::: MLS # 09-384679
Listed Price: $869,000
Listing Agent: Stacy Young – Teles Properties-BW
2665 Kelton Ave., LA [...]
Filed under: Teles Weekly Activity, Uncategorized on July 18th, 2009 | No Comments »
By Bill Grasska, Teles Financial/ www.telesfinancial.com
FHA loans are consuming America. They are the fastest growing segment of the mortgage market. FHA was designed to help spread home ownership. The new guidelines now allow for a loan amount of up to $729,000.
First time buyers, low income, low credit score, low 3.5% down payment…wait a minute; are [...]
Filed under: Uncategorized on July 17th, 2009 | No Comments »
From the Los Angeles Times
REAL ESTATE
Southern California median home sales price surges in June
The increase to $265,000 reflects a recent trend of higher-priced properties taking a greater market share. Sales volume reaches a 30-month high.
By Peter Y. Hong
July 16, 2009
Southern California home prices may have finally hit bottom, with median values rising last month for [...]
Filed under: Industry and Economic News on July 16th, 2009 | No Comments »
