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Monthly Letter April 2023

On to May and closing out April. I wanted to mention some exciting developments in La Crescent & Montrose! Have you had the chance to check out the traffic improvements at the intersections of Lowell at Honolulu and Montrose at Ocean View? ...

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State Controlled Mass Building

The Loss of Local Influence: The Impact of California SB9, Density Bonus Projects, and Proposed Changes to Article 34. "California Remove Voter Approval Requirement for Public Low-Rent Housing Projects Amendment" is on the ballot in California ...

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What type of property is in high demand

The demand for properties with more than one living structure on a single lot is rising. Property owners with a main house, a guest house, a detached office, or a converted garage find themselves in high demand among buyers. This trend has crea...

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Measure ULA & Measure GS

The City of Santa Monica’s Measure GS and L.A. City’s Measure ULA go into effect on March 1, 2023, and April 1, 2023. With the increase in the City Transfer Tax for these areas, reduce the number of properties listed for sale. Time will te...

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April is all about properties

It's all about properties today. Off-market is a weekly favorite with so many of you, and today something new. I have hand-picked 7 of my favorite properties to hit the market in the last few days. Take a look. If you have any questions or want...

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March 2023 Housing Stats

Below are March single-family home sale statistics. The areas covered include La Canada, La Crescenta, Sunland-Tujunga, Altadena, Pasadena, Glendale and Shadow Hills. The month of March has brought some interesting changes in the housing sales ...

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First Time Buyer Program

California Dream For All Shared Appreciation Loan The Dream For All Shared Appreciation Loan is a down payment assistance program for first-time homebuyers and buyers who have not owned a home in the past 3 years. Dream For All provides a ...

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Seller Closing costs

The cost of real estate city transfer tax and documentary transfer tax in Los Angeles, California, can vary depending on various factors, such as the value of the property and location. Real estate city transfer tax is a tax the city governmen...

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March 2023 Monthly Letter

Dear Reader, As a lifelong member of the community and a 30+ year veteran in the real estate business, I've had the opportunity to work with many types of professions. Over the years, I've built a long referral list of these resources for yo...

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Will the Feds raise rates?

The Federal Reserve is meeting this week to decide its next step on interest rates just as its yearlong fight against inflation is colliding with a crunch in the financial sector. The Fed’s next move will be closely watched as recent bank f...

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