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Most buyers entering the Los Angeles real estate market understand that we are experiencing a seller’s market right now – there are significantly more qualified buyers out there than there are homes to buy, so prices are going up and bidding wars are commonplace. However, recently I have noticed a new phenomenon that even the savviest of buyers might not be prepared for: something I call the “extreme bidding war”. Continue reading →

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With record low interest rates and prices still near the bottom (despite recent consistent gains), this is a great time for current homeowners to consider trading up to a larger house. The extreme inventory shortage makes this a particularly opportune time to sell if you have built up equity that can be put towards a down payment on your next home. However, before diving into the market, trade up buyers need to carefully consider this question: should I buy first or sell first? Continue reading →

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As a Buyers’ agent, I interact with a lot of first time home buyers who are just entering the real estate market and have never worked with a Realtor before. In addition, I come across a fair amount of people who have spent time working with another agent and have come away empty handed and frustrated. If you fit into either of these groups, it might benefit you to have a clear understanding of what to expect when you work with a real estate agent. Continue reading →

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Buying a condo can be an attractive alternative to a single-family home, especially for first time home buyers with a smaller budget or working professionals who don’t want the maintenance of a larger property. Condos may offer buyers more square footage for their money, and often provide additional amenities like an onsite pool or gym. However, if you are considering buying a condo, it’s important that you understand the responsibilities that come along with being a member of a Homeowner’s Association, and that you are aware of some common issues that might come up during your escrow. Continue reading →

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Unless you’ve been living on a desert island for the past six months, you’ve probably already heard the positive news about the LA housing market. Prices are steadily rising, inventory is low, and bidding wars abound. The word is out – now is the time to buy! Unfortunately, the downside to this sudden market turnaround is that buyers are becoming more and more familiar with a pesky issue that has been plaguing the market all summer – the low appraisal. Continue reading →