by Jodi Summers If you want to buy apartment properties on the Westside of Los Angeles in the first quarter of 2015, here’s what you need to know – Large cash reserves will dominate deal flow – for right now. “Investors attempting to acquire assets in the Westside Cities will have to stretch to outbid […]

by Jodi Summers If you’ve purchased a multifamily property in Los Angeles is the past few years, your real estate investment has increased in value. Effective rents have soared since the downturn, making turnover significantly more profitable. We are not alone. Throughout the country, valuations on apartment properties have been on an upward trajectory, pushing […]

edited by Jodi Summers National Geographic has come up with a very entertaining app that takes you through your weekly water usage. By plugging information about your home, yard, diet, energy, and consumer choices the app calculates your water usage compared to the average American. Know this: The average American lifestyle is kept afloat by […]

by Jodi Summers Recently, Sotheby’s International Realty invited the California Association of Realtors’ Vice President and Chief Economist, Leslie Appleton-Young, to give us an update on the Los Angeles area real estate market. With multifamily vacancy rates hovering just above 3%, apartment properties in and around Los Angeles remain a strong investment. For more information […]

by Jodi Summers Fascinating facts and boring charts on owners and renters, according to the 2012 American Community Survey: WHO OWNS The typical owner-occupied household is headed by an individual between 45 to 54 years of age.  The median household income in 2012 was $65,514. The average household size was 2.7 occupants with the most […]

by Jodi Summers Word in from the Los Angeles County Office of the Assessor is that the value of the taxable property in city of Los Angeles rose by 6% over last year’s figures. Woohoo to all property owners! The aggregate value of property in Los Angeles County totaled $1 trillion > $62 billion increase […]