Blog
When there are mixed messages in the Beverly Hills Real Estate Data it is time to reach out to…
When there are mixed messages in the Beverly Hills Real Estate Data, it is time to reach out to a knowledgeable Realtor. How about Contacting Endre Barath, Jr. As most of you who have been reading my last couple posts realize that the data and information is sending mixed messages in the Beverly Hills Single Family Market. Clearly that could be a challenge for a buyer or a seller to determine how to price their home as well as to offer a fair price to the seller if you are a concerned and caring buyer. Many buyers in the luxury market in Beverly Hills do not want to insult the sellers by offering what they consider a “fair price” when the asking price is very ambitious. They rather skip that property and move on. I have been advising these buyers feel free to offer what you know is a “fair price” based on the comparable statistics. Some of the buyers, listen others just move on, in spite of my advice. Now that we have looked at the two critical statistics of how the Beverly Hills Real Estate Market is doing, we are still unclear: is it a buyer’s market, is it a seller’s market or are we in a Transitional Market? Lastly is it just a temporary slowdown due to the Holidays? Needless to say one key ingredient we did not look at: the Expired Listings. This statistic puts things in perspective. Some of this information is not provided by the Zillows and Trulias of this world, never the less they are a key ingredient to determining the trends as well as the true values of the properties. Hence it should be evident that there is a Real Value to a Realtor who has local knowledge of the various pockets that the internet is incapable to identify. Now if you look at the expired and see that there is an 83% change in the expired compared to a year ago? Then to boot you see that September this number has been increasing to. So it is clearly a Transitioning Market, we are going from a Seller’s Market to a Buyers’ market. So if you are trying to sell it is time to get realistic and price your home properly. If you need advice please reach out to me directly for a Free Market Evaluation of your home! So with that said if you are looking for a Pet Friendly Realtor in the Greater Los Angeles area, you found him! If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Playa Vista, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or email me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue...
read moreThe Supply & Demand figures of SFR in Beverly Hills tell us …
The Supply and Demand figures of Single Family Homes in Beverly Hills tell us an interesting phenomenon. The Supply is down by 22%, clearly that is an indication that buyers have fewer choices hence more competition for the few well priced properties. The Sales are up 8%, this is also an indication what potential buyers can expect. Clearly if sales are up in Beverly Hills and Inventory is down, that is a recipe for potential multiple offers as well as price increases. I find it interesting that in my previous blog post I was showing that Days on Market are increasing for this same time period, hence I suspect that this is a combination of the overpriced listings lingering on longer as well as the fact that the Holidays have started. Hence buyers might be in a great position not facing Multiple Offers and they can make reasoned and researcher offers. There is no other reason why these numbers would be sending conflicting messages. If you would like a Free Market Analysis let me know even if your home is not in Beverly Hills but in the Greater Los Angeles area. So with that said if you are looking for a Pet Friendly Realtor in the Greater Los Angeles area, you found him! If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Playa Vista, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or email me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations...
read moreThe Average Days on Market for Single Family Homes in Beverly Hills, CA are u by 15%!
The Average Days on Market for Single Family Homes in Beverly Hills, CA are up by 15% ! To some people the Average Days on Market do not mean much. The reality is, this is quite an important statistics to monitor. It does not matter if it is Beverly Hills or other parts of Los Angeles or for that matter anywhere in the country you are looking at. What is extremely important is to monitor these figures if you are considering buying or selling a home. This is the indicator of how fast or how slow the market is, i.e.: this is the velocity. Based on these numbers you can watch the trends, is the market getting hotter or is it cooling? Hence based on this trend you can predict if you should be pricing your home ambitiously or conservatively. Conversely buyers can determine if the property is priced correctly or the seller is being ambitious. As the days on market increase it will determine that the market is either cooling or is in transition. Clearly we need to also look at the seasonal effects and not to confuse it with a transitional market. So with that said please look at these figures. Should you have any questions please reach out to me directly. If you would like a Free Market Analysis let me know. So with that said if you are looking for a Pet Friendly Realtor in the Greater Los Angeles area, you found him! If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Playa Vista, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or email me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations ...
read morePet Friendly Realtor in Los Angeles, CA: Endre Barath, Jr.
Pet Friendly Realtor in Los Angeles, CA: Endre Barath,Jr. As most of you know Pet Friendly Realtor in the Greater Los Angeles translates to: Endre Barath,Jr. What justifies the Title? The answer is simple: when you dedicate most of your time and money towards Animal Rescue Organizations and incorporate animals into your home and you happen to be a Realtor in the Greater Los Angeles area and go out of your way to help animals and people who have animals, well then, there you have it. Our home is becoming an Animal Sanctuary, the word is out on the street go see Diane & Endre and you will be well off. Those of you who read my posts consistently know, that Dougy was virtually unadoptable for health reasons….well nothing that love, money and a fantastic Vet and support group cannot fix. Ten plus years later we have King Douglas. He rules the group. Then there was Jack, well he knocked on our door and insisted on letting him in. Turned out sadly he was declawed and where we lived there were Possums and Raccoons….need I say more Jack is a lucky cat. Then there is Jill, everyone loves her, but no one wants her, she needs a diaper around her Litter Box, need I say more? Anyway Diane has to change the Wee-Wee Pads around the Litter Box daily or sometimes twice daily. Then there is Chiachi the lovable dog that is temperamental, he snapped at me ten years ago but finally now he has learned to accept me, that it is a package deal: if he wants to be with Diane he has to love me as well and we are finally at that point. Now we have to get it across to him that he needs to love the Kitties too, all four of them. So with that said if you are looking for a Pet Friendly Realtor in the Greater Los Angeles area, you found him! If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Playa Vista, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or email me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations...
read moreWhat is stronger Hunger or Love?
What is stronger Love or Hunger? Most people would agree with me that the basic needs, hunger, thirst, survival instincts superseed love….. As most of you who read my blog posts know that Diane’s dog is so in love with her that words could not describe it so I am sharing a few photos here for you to see and be your own judge. On a side note I must mention that we are in the process of getting Chiacchi incorporated into a household with three indoor cats and one stray in the back yard. Not an easy task if I might add. Just to give you an idea we have set up a place for him to be with me in my home/office. So I was trying to feed him while Diane was about 500 feet away doing something else….as most of you know Hunger is often stronger than Love…he did not want to eat until he was with Diane. Need I say more?:) If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Playa Vista, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or email me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations...
read moreThanksgiving is in the books fo 2014: The memories linger on
Thanksgiving is in the books for 2014, the memories linger on. I have been reflecting on many things, which is expected at a Holiday like Thanksgiving. First and foremost I am so grateful for what we have and the friendships and relationships we developed over the years are hard to describe in words. One of our friends sent us a card and I could not help but share with all of you: If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Playa Vista, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or email me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations...
read moreThanksgiving 2014 a bittersweet get together in Los Angeles
Thanksgiving 2014 a bittersweet get together in Los Angeles. The history of Thanksgiving have often been debated. In my opinion it has evolved and changed over the years. When you read about the history there are some variations as to the history, as well as who is right and who is not. In the big picture it does not matter. As far as I can envision the first Thanksgiving (most would agree with me) The Pilgrims coming ashore greeted by the Indians (natives) and gathering around the fire for a huge feast. The Pilgrims glad that they arrived safe and sound from the long journey. Hence the concept of “Gratitude “The Indians welcoming them to the land of plenty. I have written a few posts about Thanksgiving, where to eat if you do not have a place to go to, where to eat if you do not want to cook. What wines to pair your dinner with? I have also written posts about how to prepare for the “big event” including a Menu. Anyway you get the idea. Just Google my name and Thanksgiving and most will appear. This Thanksgiving is a bit different, we have a lot to be grateful for: we are in good health, have a new home, new car and a house full of pets and then some in the back yard we have our stray and many birds and squirrels. Some of my friends called us “animal farmers”. We have good friends and good neighbors. What is different this year is that I am not cooking rather going over to one of our friend’s house. We are grateful that we have been invited, especially since I have been so busy even up to this evening. This invitation took a lot of pressure off me. Quite frankly it is a lot easier to go fight traffic to pick up some pies from one of the best Pie Places in LA than prep and cook an entire feast. It is also different, since this year is the first time Diane & I do not have any of our parents to share this event with. So with that said I am glad we have friends to go to. My mother used to have a magnet on her refrigerator that said “Friends are our chosen family”. That to me is bittersweet. So if you are getting together with friends and family, remember to be gracious and kind to each other and enjoy the moment. Everyone should have a good time and the only one should be unhappy is the “Turkey”. I saw a cartoon today the Turkey was holding a sign “eat beef” In closing I would like to wish you, your family as well as your friends a very Happy Thanksgiving and at the same time I would like to thank you for your support throughout the year. As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them. ~John Fitzgerald Kennedy If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Playa Vista, Marina Del Rey, Venice...
read moreLessons in Personal Change: Monday night musings by a Los Angeles Realtor
Lessons in Personal Change Observations about various subject: must be Monday night and it must be my Monday night musings. The older I get the more I become philosophical. I am starting to understand the Captains of Industry and their thought process. The first half of their life was all about competition, how they could be more successful, how they could be better and how much they could accumulate. Now that I understand that why they changed in the second half of their lives. Not wanting to compare myself to the Captains of Industry, but I am more focused on how I can help others. There are many more important things such as rescuing stray kittens, making other people feel good. Treating them to great wines, great dinners and good company. The returns are enormous, people appreciate me and want to be my friends and want to learn from me. When I was younger people were threatened by me and wanted to compete against me and surpass my successes. interesting how that changed. I have become more caring and concerned about other peoples feelings, wishes, needs and wants and I feel more successful. If you are in Real Estate it is a good place to be. Clearly we are here to help others buy their dream home . If they are first time buyers they depend on our knowledge, skill and advice. If they are seasoned investors, they depend on our knowledge, experience and ability to help them acquire a property that will earn them large profits. Interestingly now that my priorities changed I have become more successful and more at peace with myself. At the same time my business has skyrocket too. So if you are looking for a successful Realtor in the Greater Los Angeles are who will get what you want clearly it is in your best interest to reach out to me. I have achieved my success now let me help you achieve your dreams and success. If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Playa Vista, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or email me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue...
read moreConsidering Selling your home? Seller’s Advie in the Los Angeles area
Considering selling your home: Seller’s Advice in the greater Los Angeles Area by Endre Barath, Jr. I know most sellers do not want to hear this message never the less, I will say it anyway: THE HOUSING MARKET IN LOS ANGELES is in transition. We went from a hot smoking sellers’ market, when homes were selling the moment the property came on the market to a cooler market. One minute you were like on a Roller Coaster Ride, everything in multiple offers then nothing, then crazy hot again and then cooler again. This to me is a clear sign that we are in transition. So if you are considering selling your home, my advice is to be realistic about not only the List Price but the Market Place Trend as well. Do not listen to your uncle Charlie who lives 200 miles from your home. Keep it real and go to Open Houses, see what the other properties are going for. In other words get a sense of what the market is like. Put your buyer’s hat on and see how your home compares to the ones you looked at. IF you do not have the time to do that, then listen to your Realtor who does go to the open houses and knows the difference of the ones on the market vs. the ones that are pending in comparison to your home. Do not over price your home, just because you did not go look at the other properties take my word the buyers have looked at them and they know the true value of your home. When the market is in Transition it is very Price Driven. The homes that are priced well, staged well and are showroom ready will sell long before the overpriced properties. Spend money on Landscaping to attract and put the potential buyer in a buying mode before they walk into your home. Fresh paint inside does wonders to buyers. It shows you maintained your home not only on the outside but on the inside as well. Do not remodel your kitchen or your bathrooms, you should have done that while you were living there. Remove clutter your home, fill the garage or get rid of the stuff. I know you have heard all this before, never the less it is timeless advice. If you want more information and proper representation reach out to me directly if you are a seller in the Greater Los Angeles area. I will sell your home fast and for top dollar. If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Playa Vista, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or email me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations...
read moreWhy is a Detroit Police Car patrolling Los Angeles Streets? What is that all about?
Why is a Detroit Police Car patrolling Los Angeles Streets? What is that all about? OK I was following Diane so she could drop of her car to our favorite Automotive Repair Shop. So what do I see in front of Baizer & Grimmett, I see a vintage Police Cruiser. Well you know me, I had to ask. So John tells me that his client flew to a Red Wings game and saw this cruiser outside. He then proceeded to ask the owner if he would have considered selling. Interestingly enough the owner said not only that he was considering selling but a resounding YES! Then the new owner decided to drive the cruiser back to Los Angeles. Well half way back to Los Angeles he broke down. So now it is John’s job to get the cruiser back on the road to keep Los Angeles safe for all! Now if you want to have a smooth and safe Real Estate Transaction in the Greater Los Angeles area reach out to me! If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Playa Vista, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or email me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue...
read more