Mark's Blog

Let’s Talk Baseball! Let’s Talk Baseball!

Let’s skip talk on real estate. Instead, I have a much more pressing issue that goes to the heart of what we stand for, what we believe in, how we live our lives and if we’ll be alive to see the New Year. Of course, I’m talking about major league baseball. Most of you don’t know this, but MLB is exempt from the Sherman Anti-Trust Act, backed up by an opinion written by Justice Oliver Wendel... [Read more]

First Quarter for 2014

  The first quarter statistics for 2014 from The MLS continue to verify something we already know; it’s still a strong Seller’s market, the Buyers have fewer choices from a lower level of listings, and the trend will continue but not at this pace. The Wilshire Corridor closed 154 condos along the Wilshire Corridor in 2013, averaging 38.5/quarter. The 1st quarter of 2014 only showed 29 closings,... [Read more]

What Happened in 2013 Along the Wilshire Corridor?

  All of the sales data is in for 2013 for homes, condos and all other properties sold. Some of it may surprise you. There was a lot of focus on the Wilshire Corridor, because the papers only reported on SFRs (single family residence homes). Condos always follow homes, and the Corridor is the largest collection of full amenity high rise buildings outside of Manhattan.  Certainly, we fielded a large... [Read more]

The Gap is Widening

There continues to be a distinct and aggressive trend in western societies for the rich to get richer, and the middle class to stagnate. President Obama talked about this in his recent State of the Union Address when he stated, “Today, after four years of economic growth, corporate profits and stock prices have rarely been higher, and those at the top have never done better. But average wages... [Read more]

2014 A Time to Act

If you have been thinking about selling your home, your timing is impeccable. But if you’re one of the many people who have been timing the market, trying to make that perfect plunge at the perfect moment, then I’m sure you have figured out by now that you missed the boat. The ship left port eight months ago, and whether you’re a buyer for a condo or house or income property, the... [Read more]

Price Reduction! 1142 San Ysidro

          Located just minutes from the stores of Beverly Hills, this home offers the Tenants the comfort and luxury you would expect, including beautiful pool, spa, security, three bedrooms, three and half bathrooms, two fireplaces, dining room, large family room/den and lovely kitchen. A circular driveway completes the attraction of this home, along with a setback for... [Read more]

Investments and Assets

Real estate as both an investment and a personal asset continues to be very attractive. However, some of the economic data flowing in from Washington indicate this window is closing. For example, renters nationwide are paying a higher percentage of their net after tax income than at any other time since the government started keeping records: a huge 30%. This can only be explained by one phrase; a... [Read more]

Market Recap for October

Have you felt a change in the Universe? Do you sense a change in the attitudes of the people around you?  You’re not alone.  Since September, the market has changed, losing its momentum and energy, and instead flattening out to a quiet non-performing sort of market. Volume has shrunk to a fraction of what it was, and the market has retreated to an empty paper tiger with no teeth. According to the... [Read more]

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Wilshire Corridor News

Newest Wilshire Corridor Listing – Unit 1602 Newest Wilshire Corridor Listing – Unit 1602

Amazing opportunity to purchase a 2 bed + 2.5 bath in Wilshire Corridor’s desirable Blair House. Ocean and Sunset views by day, sparkling city lights at night! Get a peek at the Getty and UCLA as well. This traditional home, in pristine condition, features stunning hardwood floors throughout, crown moldings, surround sound, recessed lights, gourmet kitchen, huge balcony and separate laundry... [Read more]

Available for Lease Call For Details Available for Lease Call For Details

  Available for lease call us for details.  213.280.6415 • 10560 Wilshire Blvd, Unit 601, $5,700/month, 2 Bedrooms + 2.5 Bathrooms, two balconies, stunning evening views and in move-in condition.         • 1142 San Ysidro Drive, $12,500/month, 3 bedrooms + 2.5 bathrooms, city of Beverly Hills, pool, outdoor sauna, ready to move in. Call for Details. 213.280.6415      Read More →

New Unit in The Wilshire 9NE New Unit in The Wilshire 9NE

Direct access elevator to this stunning 2 bd, 2.5 ba + den! The quality of every item in this unit is not to be believed! A must see. Pack your suitcase & just move in! Enter into the mosaic tiled foyer thru oversized glass doors, welcoming you to the spacious living rm & dining area. Electric shades, sheers, recessed lts, dark hdwd flrs thruout, custom Galice Venetian plaster & grasscloth... [Read more]

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Off the Corridor

Price Reduction! 1142 San Ysidro

          Located just minutes from the stores of Beverly Hills, this home offers the Tenants the comfort and luxury you would expect, including beautiful pool, spa, security, three bedrooms, three and half bathrooms, two fireplaces, dining room, large family room/den and lovely kitchen. A circular driveway completes the attraction of this home, along with a setback for... [Read more]

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