September 2009 Micro Market Reports

The September 2009 Micro Market Reports are now available, please click the links below to download. Single Family Homes September 09 Condo September 09

Teles Properties Names Colin Keenan as Branch Manager • Brentwood Office

Colin Keenan has more than a decade of experience in Westside real estate and has managed branch locations for some of Southern California’s most well respected real estate firms. Throughout his career Colin has been responsible for hundreds of agents and for managing teams with sales volumes reaching into the billions. “Colin is a great [...]

Teles Weekly Activity 9/21-9/25

NEW LISTING: 2965 Hutton Drive, Beverly Hills (90210) :::  MLS # 09-399749 Listing Price:  $2,595,000 Listing Agent: Marci Merliss – Teles Properties-BH 2651 Overland Ave., LA (90064) :::  MLS # 09-400349 Listing Price:  $859,000 Listing Agent: Chad Lund– Teles Properties-BH 3822 Mainsail Cir., Westlake Village (91361) :::  MLS # 09-400739 Listing Price:  $850,000 Listing Agent: [...]

Teles Weekly Activity 9/14-9/18

NEW LISTINGS: 10772 Chalon Rd., LA (90077) :::  MLS # 08-324605 Listing Price:  $8,495,500 Listing Agent: Marci Merliss – Teles Properties-BH 12053 Crest Ct., Beverly Hills (90210) :::  MLS # 09-399061 Listing Price:  $6,350,000 Listing Agent: Marty Trugman & Cara Sheriff – Teles Properties-BH 1032 Yale St., Santa Monica (90403) :::  MLS # 09-399143 Listing [...]

Timing your Mortgage Rate Lock

Missing a rate lock on a refinance or purchase can be expensive and financially painful.  So how do you know the best time to execute your rate lock? First and foremost, lock when the rate and payment make sense.  If you are refinancing to save money, and at the start of the process the rates [...]

Teles Value Advantage: Technology Driven

By Peter Hernandez, Teles Properties (www.telesproperties.com) These days the consumer’s first stop is the Internet when they begin their search to purchase a home, check real estate values, or look for a Realtor. Print advertising is slowly going the way of the horse and buggy as newspapers and magazines struggle to survive despite reduced revenues [...]

Mortgage Rates – Follow the Money!

How to get the lowest interest rate possible?  Here are some basic rules of thumb for watching mortgage interest rates: Follow the Money! Interest rates follow the money flow.  Fixed rates are all about the 10 year Treasury note. Treasuries have 2 factors: price and yield. They are inversely proportionate.  If yield goes up price [...]

Teles Value Advantage: Competent Agents

By Peter Hernandez, Teles Properties (www.telesproperties.com) Teles Properties was founded on a very simple idea: open offices in large profitable markets and hire only competent agents of good reputation and character. This is very different from the current make-up and model of existing real estate companies. They tend to believe and rely on the old [...]

Real Estate Market – is Timing Everything?

Everyone talks about how timing is everything in making money in real estate.  Well I am here to tell you that in a broad sense that is just plain wrong!  There are a lot of ways to make money in the market, buying distressed properties, development, apartment investing with upsides on rents just to name [...]

Teles Value Advantage: Green Environment

By Peter Hernandez, Teles Properties (www.telesproperties.com) Teles Properties strives to improve customer and agent service and we believe that the efficiencies created through technology are key to achieving this goal. We are trying to lead the industry in this effort and are working hard to create a paperless environment. Transacting a real estate sale generates [...]