NEW LISTING:
457 N. Rockingham Avenue, LA (90049) ::: MLS # 10-430845
Listing Price: $8,500,000
Listing Agent: David Mossler – Teles Properties-BH
10775 Rochester Avenue, LA (90024) ::: MLS # 10-429785
Listing Price: $1,095,000
Listing Agent: Carol Whitley – Teles Properties-BW
1141 S. Clark Drive, LA (90035) ::: MLS # 10-430105
Listing Price: $989,000
Listing Agent: The [...]
Filed under: Teles Weekly Activity on February 26th, 2010 | No Comments »
Seasoned Real Estate Professional Diane Gross Joins Teles Properties
BEVERLY HILLS, Calif.–(BUSINESS WIRE)–Teles Properties is thrilled to announce seasoned real estate professional Diane Gross has joined the company as an agent, teaming with Teles Properties’ Chad Lund & Patty Best, who together [...]
Filed under: Teles News and Press Releases on February 26th, 2010 | No Comments »
Jumbo mortgage market is beginning to thaw
The meltdown sent interest rates soaring and availability shrinking, but rates are declining and lenders are more willing to make loans that top the limits for Freddie Mac, Fannie Mae and the FHA.
By E. Scott Reckard
Phil Kelly had 18 more months to go before the fixed rate on his [...]
Filed under: Industry and Economic News on February 24th, 2010 | No Comments »
Home prices show small gain in December
Prices increased 0.3% from November, according to the Standard & Poor’s/Case-Shiller index. It was the seventh straight month of gains, but the improvement continues to be weak.
By Alejandro Lazo
Home prices gained for the seventh consecutive month in December, with Los Angeles and other West Coast cities posting the biggest [...]
Filed under: Industry and Economic News on February 24th, 2010 | No Comments »
NEW LISTING:
1555 Cardiff Avenue, LA (90035) ::: MLS # 10-428423
Listing Price: $1,999,000
Listing Agent: JJ Wallack – Teles Properties-BH
1018 Villa Grove, Pacific Palisades (90272) ::: MLS # 10-428693
Listing Price: $1,995,000
Listing Agent: Colin Keenan & Diane Dorin – Teles Properties-BW
11986 Foxboro Drive, LA (90049) ::: MLS # 10-429027
Listing Price: $1,825,000
Listing Agent: [...]
Filed under: Teles Weekly Activity on February 19th, 2010 | No Comments »
Southern California economic recovery is forecast
Modest growth is likely this year and next, but unemployment will remain high, according to the report from the Kyser Center for Economic Research.
Southern California is headed for a gradual economic recovery in 2010 and 2011, along with the rest of the state and the country, according to a forecast [...]
Filed under: Industry and Economic News on February 17th, 2010 | No Comments »
HOUSING
Southern California home prices rise 8.6%
But January’s year-over-year increase to $271,500 is a 6.1% drop from December. Total sales climb about 1% from a year earlier.
Home sale prices in Southern California showed fresh strength in January, bouncing 8.6% from the same month one year earlier — a period when the market was inundated with steeply [...]
Filed under: Industry and Economic News on February 17th, 2010 | No Comments »
The January 2010 Micro Market Reports for our Los Angeles and Orange County areas are now available, please click the links below to download.
Orange County Single Family Homes January 2010 Micro Market
Los Angeles Single Family Homes January 2010 Micro Market
Los Angeles Condos January 2010 Micro Market
Filed under: Micro Market Updates on February 16th, 2010 | No Comments »
NEW LISTING:
131 Fremont Place, Los Angeles (90005) ::: MLS # 10-427719
Listing Price: $5,750,000
Listing Agent: Ernie Carswell – Teles Properties-BH
106 S. Highland Avenue, Los Angeles (90036) ::: MLS # 10-427535
Listing Price: $1,749,000
Listing Agent: JJ Wallack – Teles Properties-BH
607 N. Citrus Avenue, Los Angeles (90036) ::: MLS # 10-427603
Listing Price: $1,149,000
Listing Agent: John [...]
Filed under: Teles Weekly Activity on February 12th, 2010 | No Comments »
NEW LISTING:
2555 Altamar, Laguna Beach (92651) ::: MLS # U10000544
Listing Price: $20,500,000
Listing Agent: Alison McCormick – Teles Properties-NB
323 Driftwood, Corona Del Mar (92625) ::: MLS # U10000546
Listing Price: $2,400,000
Listing Agent: Ron Mazzano – Teles Properties-NB
405 Panorama Drive, Laguna Beach (92651) ::: MLS # 10-425113
Listing Price: $1,699,000
Listing Agent: Chaya Van Essen – Teles Properties-BH
6285 Ivarene Avenue, [...]
Filed under: Teles Weekly Activity on February 5th, 2010 | No Comments »
