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los angeles

Commentary

Who Can Turn The World On With Her Smile? Would You Believe, A Real Estate Agent?

by Charles Feldman | August 26, 2009

She’s smiling again.

Now, grant it, this might not seem like much to you, but, trust me, this could be the biggest sign to date that the real estate market is finally starting to turn around…if only a bit.

She, is a real estate agent who has been selling units in my Los Angeles building for maybe five or more years now.

In recent years, since the recession set in, her visits, with possible buyers in tow, became fewer and farther between.

And, when she did show up, the expression on her face made her look as if she had just drank a powerful laxative for breakfast. Yeah, that bad.

She apparently wasn’t selling….but neither was anyone else. How she managed to even go to work in the morning is beyond me?

And then things began to change . . .

In recent weeks, though, I could not help but notice that she suddenly seemed to have a fresh glow about her. Her smile was there again and it looked like she may have even had a coating of sparkle surgically applied to her perfect teeth.

If she weren’t a real estate agent, I would have thought her glow suggestive of….well…..you know….we’re all adults!

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Real Estate News

Fortune Magazine’s 10 Worst Real Estate Markets for 2009.

by Joshua Dorkin | December 22, 2008

Everyone loves a top 10 list, but being a part of this one is not a mark of a city experiencing good financial times. Here’s a look at Fortune’s 10 Worst Real Estate Markets for 2009:

Los Angeles, CA – Projected 24.9% drop in 2009

Stockton, CA – Projected 24.7% drop in 2009

Riverside, CA – Projected 23.3% [...]

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Housing

Sign of the Times: Southern California home sales down 30 pct in September

by Joshua Dorkin | October 17, 2007

A new report about housing in Southern California doesn’t look good.
Sales of houses and condominiums in the most populous Southern California counties fell 29.9 percent from the previous month and 48.5 percent from a year earlier, DataQuick Information Systems said on Tuesday. The report covers the counties of Los Angeles, Orange, San Diego, Riverside, San [...]

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BiggerPockets News

BiggerPockets is Packing Up and Moving!

by Joshua Dorkin | January 30, 2007

The more astute among you have no doubt noticed that I have not been posting my usual comments on the blog the last few days and I thought I owed you…my loyal fans…and explanation.
In a moment of weakness, I decided that it would be a good idea to move out of Los Angeles for a [...]

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