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Existing-Home Sales Slipped 2.2% in July

Existing-Home Sales Slipped 2.2% in July August 22, 2023 Media Contact:  Troy Green 202-383-1042 Key Highlights Existing-home sales fell 2.2% in July to a seasonally adjusted annual rate of 4.07 million. Sales receded 16.6% from one year ago. The median existing-home sales price rose 1.9% from one year ago to $406,700. It was the fourth time the monthly median sales pri...

Best Fall Specialty Drinks

The fall season comes with a surge of pumpkin, gingerbread, apple crisp, caramel, hot chocolate, and other delicious fall-themed flavored drinks. Here is our list of popular fall drinks and where you can snatch them up for your slurping pleasure. 1) Pumpkin Spice / Pumpkin Fall Specialty Drinks The Pumpkin Spice Latte and Pumpkin Spice Cold Brew fall drinks have risen in popularity &ndash...

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Market Update 91604

In September 2023, the real estate market in Studio City, CA 91604 remained competitive, firmly favoring sellers. With 25 active listings, a median average price of $2,795,009, and a median price per square foot of $1,034, the market showcased its resilience. Over the course of the month, 17 homes were sold, spending a median of just 27 days on the market. The median sold price settled at $2,22...

Market Update 91602

In September 2023, the real estate market in Studio City, CA 91602 remained competitive, firmly favoring sellers. With only 5 active listings, a median average price of $1,999,000, and a median price per square foot of $876, the market showcased its resilience. Over the course of the month, 7 homes were sold, spending a median of 33 days on the market. The median sold price settled at $2,500,00...

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Market Update 91607

In September 2023, the real estate market in Studio City, CA 91607 remained competitive, firmly favoring sellers. With only 9 active listings, a median average price of $1,695,000, and a median price per square foot of $769, the market showcased its resilience. Over the course of the month, 8 homes were sold, spending a median of only 8 days on the market. The median sold price settled at $1,43...

Market Update 90068

In September 2023, the real estate market in Hollywood Hills, CA 90068 continued to show its strength and favorability towards sellers. With 34 active homes on the market, the median average price stood at an impressive $2,546,500, translating to a median price per square foot of $979. A total of 16 homes were sold during the month, with a median time of just 27 days on the market, reflecting t...

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The Literally Moving Story of Olvera Street

We often talk about the history of Los Angeles on this blog, but today we’re going back to the very beginning. Sort of. Indigenous people lived in the area we call Los Angeles for centuries before the city’s first stone was laid. But if you ask locals to take you to the beginning, most will guide you to a vibrant pocket at the border of Downtown LA called Olvera Street. You may have...

You Can Buy and Sell ADU Homes Like Condos!

Californians Can Buy and Sell ADU Homes Like Condos Thanks to AB 1033 It’s a great time in California to own an ADU. Last year, our government made it easier than ever to build authorized accessory dwelling units (ADU's). But now, thanks to Assemblyman Phil Ting’s (D-San Francisco) recently drafted Assembly Bill 1033, it’s becoming just as easy to sell these units ...

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Studio City, CA 91604 Housing Market Report for October 2023

The Studio City neighborhood in California's 91604 zip code has always been a popular choice for homeowners, and it's no wonder why. In this blog post, we'll explore the absorption rate for homes in 91604 for October 2023, offering a unique glimpse into the astonishing pace of property sales in this vibrant community. Understanding Absorption Rate The absorption rate is a ...

Studio City, CA 91602 Housing Market Report for October 2023

Studio City, CA 91602, has always been an attractive and sought-after area for homeowners. In this blog post, we'll explore the absorption rate for homes in 91602cfor October 2023, which provides a fascinating glimpse into the rapid pace of property sales in this vibrant community. Understanding Absorption Rate The absorption rate is a key metric in the real estate world that illu...