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Beverly Hills, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Happy New Year one and all.  As we usher in 2025, if you've made any New Year's resolutions, are you still on track with keeping them?  I personally do not set any resolutions in any new year, instead I continue to carry on my business in the same manner as always.  Real estate platforms recognize me for my quick response time,  and I trust everyone reading this also finds that to be true and to your liking. I've noticed that real estate activity is picking up.  I've gotten quite a few inquiries (even on New Year's Day) on my active land listings, the few that are being quietly marketed and my lease listing that I mentioned in last month's newsletter.  Customarily inquiries lead to showings and showings lead to sales -- a good sign of things to come for my clients.Interest rates are be...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Happy New Year!  I find that many sellers and real estate agents wonder about: What Key Features and Trends do Home Buyers want, especially now in 2025?Personally, I ask the potential buyers directly, nevertheless it is nice to have some of the information that others have already researched in advance. I will still ask the same questions from the potential buyers, and this strategy allows me to confirm if the information I received was accurate or not.The most important aspect of any home buyer is their desire to have a fresh start and a place they can call home. Clearly it is a huge benefit to call a place your own. I still remember when I bought my first home and how that felt. I have never forgotten that feeling and is still with me many decades later.Now with that said what are you...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
If you are considering selling or buying real estate in California, my advice is check out the potential person you are about to reach out to for representation. Now with that said, start with a Google Search, see how the person appears on the Internet.Then do not just stop there, go further check out the Brokerage the person works for and see if that person is still active with that brokerage.Feel free to go a step further and do a public license check at the Department of Real Estate. there are so many who claim to be in the Real Estate Profession but turns out they might not be active and have not been active for years or decades or months. Do not be fooled by impostors.Just because they put a DRE License Number in their signature block does not necessarily mean they are actually act...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
 This post is to my friends, follower and those who read my posts on all the different platforms I publish my posts. Here we are this is the last weekend of 2024 and what do we have to show for it?Well, if you are a chocoholic, wine lover and a food connoisseur like me, I can show a lot of good sweets and meals. If you are an investor, buyer or seller of real estate, I hope you enjoyed my posts as well and reached out to me privately for help and advice.I also want to mention that I am so grateful for the friends who have given us good chocolate, great wine and shared our meals and wine with us.I look forward to 2025 and just to be clear, I am still working and showing properties as we speak. Just because it is the last weekend of the year, it does not mean I am sitting at home relaxing...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
What’s Up with Real Estate?National news and local views for the week ending Friday, December 27, 2024 Here we are a few days before 2024 will be in the books, hence I thought I would share this report. National Real Estate News Inflation gets stuck The November CPI (Consumer Price Index = inflation for you and me) was the last major piece of economic data before the Federal Reserve makes their next interest rate decision on December 18. Both "headline" and "core" (stripping out food & fuel) CPI rose by 0.3% month-over-month in November, which lifted "headline" annual CPI from +2.6% YoY --> 2.7% YoY, while "core" annual CPI was stuck at +3.3% YoY. [Source: BLS]  A little lowerHaving jumped 100 basis points (1%) between the Fed's first rate cut on Sept 18 and the US Presidential Election...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Are you familiar with Home Light? I stumbled on it and look, what I found. Clearly one more way for buyers and sellers to find you. In my case lot of good information, not 100 percent accurate but quite a few beneficial listings and sales.  A few were missing from the various months and years, nevertheless I thought this could be beneficial if a potential buyer or seller stumbles on the platform and is looking for a seasoned realtor.Please let me know what your thoughts are on this platform?  Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly! If you are looking for a pet friendly Bever...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
I must admit this post was inspired by receiving an email from Homes.com I was so impressed with the information they provided that I felt I needed to share it here.In all fairness, there are other platforms, the Z. and R.coms of this world. but they do not send me information like this.Keep in mind I am a non-paying member of the three platforms I mentioned above. They clearly resonated with me giving me information that if need be I could share with my sellers.Periodically I get asked how the activity on their listings is, with that said what a great way to share the information instead of just saying a have received a few calls, but no offers.Let me know your thoughts and what other platforms you can compare it to that are so generous with the factual data and information.Wishing you...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Hard to believe Ludwig von Beethoven would have been 254 years old today! One of my favorites and may I say, Greatest Composers of all time has been Beethoven.Having watched the movie " A Clockwork Orange" made me a Beethoven Fan. Shortly after it I had the privilege to travel to Europe for about three months thanks to the 1972 Summer Olympics, where I was an interpreter at the Olympic Committee. Hence before it, I made a special trip to visit Bonn, West Germany in those days there were two Germanies East (Communist) and West (Democratic Republic) It was such a memorable experience to go to his Birthplace and the best part it was converted to a museum for all to visit. Now let me leave you with some of my favorite Beethoven quotes: "To play a wrong note is insignificant. To play without...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
This Market Update is written by Prosperity Home Mortgage Company’s Capital Market specialists each week to bring insight into what's happening in the market and how it may affect mortgage rates and real estate trends.  Rates are provided by Housing Wire in conjunction with Polly. Rates are updated in real-time. Polly data is calculated using actual locked rates. Rates are inclusive of locks that occur below par, at par and therefore consider discounts, points, and rebates. Rates are based on a scenario with a 780 Credit Score, <60% LTV, Purchase transaction. As of 12/12/2024 – 12:00 PM EST. Market Commentary Interest rates fell slightly for the week of December 6th -December 12th . The highly anticipated Consumer Price Index came out this morning and it showed the annualized rate of in...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Gifts we receive, I was so grateful when I received this present, there are friends who know I have many likes, may that be books, cookbooks or cooking related is always a winner. Then there are other one that are just play fun and entertaining, like wine glasses like this one.Then I have friends who know I love good wine, good Champaigne and good glasses to drink them. So with that said what do you think of this glass???Well, going back close to 10 years or more I received this wine glass, like Kathleen Daniels, Probate & Trust Specialist  has not used her coffee mug, I seldom use my gift of this wine glass. I truly appreciate the thought and effort that went into giving me this gift. Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a know...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Hard to believe I wrote a post two months ago about Mount Dora Olive Oils, and here we are both bottle are gone now https://activerain.com/droplet/JgjZ      Check out the above post if you missed it.Thank you Katina Hargrove 352-551-0308  for introducing me to this great company. Needless to say, I learned the hard way That the two bottles of Ultra-Premium Extra Virgin Olive Oil I was not able to buy again, because they were out of stock.So, with that said I checked the platform and indeed they had a disclosure that these types are not listed due to rapidly changing availability.Now with that said I bought two others, and I am confident they will both be very good, if not you will read about it here:))Wishing you a safe and healthy life and I look forward to your comments. If you are lo...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Monday Motivations: Over the Top by Zig Ziglar, his book never gets old for me. I can open up any page and share a message that not only will resonate with me but anyone on this platform.So, with that said did you know what the mission statement of The Zig Ziglar Corporation is?"To be the Difference Maker in the personal, family, and business lives of enough people to make a positive difference in America and the world."I had no idea of this and had his book now hate to admit it since 1997.  Go figure but the beauty of his book is open up any page and you will get a positive message."These ten little two-letter words---If it is to be it is up to me---are absolutely valid. The solution is to do it now"Let me know your thoughts. I am a firm believer he was spot on. Wishing you a safe and ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
This week the median list price for Beverly Hills, CA 90210 is $8,495,000 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has decreased to 177. As most of you who read my posts know I love Altos Research and get their updates daily. Hence rest assured these are current data as of today.The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.Again, this week in this zip code we see a downward notch for pric...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
As most of you know I am a huge fan of positive motivations, hence I love Monday and this platform allows me to post about motivations, not just on Mondays, but any time.How do you handle Criticism and Praise? like John Wooden I take criticism from outsiders with a grain of salt."...You're also going to receive praise on occasions. Some of it will be deserved and some of it will be undeserved. Either way, deserved or undeserved, you're going to love to like it...""...however, your strength as an individual depends on how you respond to both criticism and praise. If you let either one have any special effect on you, it's going to hurt us. Whether it's criticism or praise, deserve or undeserved makes no difference. If we let it affect us, it hurts us".May I ask you to read the above quote...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Here we are a few days before Thanksgiving, are you ready? Well, I have cleaned the stove and the oven. Oh, about three or four hours later it looks like a new stove.Added the extension to the table to hold all the food.Got all the materials to make a traditional Thanksgiving dinner. Tomorrow I am picking up Turkey. So, with that said, brine the turkey tomorrow, and getting ready. Where are you with the prepping?I always mention that I am never ready for the big feast and always wish I had two stoves to work with during this Holiday.Now with that said I am grateful that I can create such a big feast for the two of us and this year to one of our friends.... I am making food for probably ten people so we should be fine for the three of us.    Wishing you a safe and healthy life and I look...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Pumpkin Soup sort of like Joel Robuchon's but easier to make.The ingredients:   1. half a sweet onion sauteed in olive oil                                  2. two garlic cloves sauteed with the onions                                   3. Chopp the pumpkin into one-inch cubes.                                   4. good quality vegetable or chicken stock                                    5. cup of water                                     6. cup of heavy cream                                      7. handful or more of Argentinian shrimp or other type\                                       8. cheese tortellini.How simple is this. Sautee the onions and garlic, then add the cut up pumpkins toss and add the stock. Boil until the pumpkins are cooked.Use a handheld blender puree the pumpkin and...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Breaking News: Top 100 agents for Los Angeles, Ventura & Santa Barbara Counties have been announced by Berkshire Hathaway HomeServices.I am so grateful, that I am still in the top one hundred after the first nine months of production for the year. I am equally appreciative and grateful to my clients that got me to this point.This year was very challenging, and I am still in the top 100 to be exact #50! Thank you again and I look forward to helping you in future sales and purchases. Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly! If you are looking for a pet friendly Beverly Hills Re...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Appreciating all the Veterans not just on Veterans Day, but everyday should be the goal of every American. The best way to do this, is by not to confusing it with Memorial Day.Since, Veterans Day is dedicated to all American veteran not just to those who served in wars. I find it annoying when people confuse the two dates.Just to clarify Veterans Day will happen on Monday, November 11th. How fascinating that in 1918, on the 11th hour of the 11th day of the 11th month an armistice was declared between the Allies and Germany basically ending World War I.In 1938 November 11th became a federal holiday. After World War II and the Korean War Armistice Day became better known as Veterans Day.Often, I get asked what is the best way to thank a Veteran? Well, my take is to:       Fly the American...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Often I get asked: How is the Beverly Hills 90210 Real Estate Market? The answer is very interesting:   This week the median list price for Beverly Hills, CA 90210 is $9,195,000 with the market action index hovering around 25. This is less than last month's market action index of 27. Inventory has decreased to 197 (according to Altos Research)The Market Action Index has been trending lower for the past few weeks while prices have remained relatively stable. If inventory continues to grow relative to current demand, I will anticipate seeing a downward pressure on pricing.Needless to say, depending how interest rates will be in the next few weeks that can have an impact on the activity as well.Equally interesting are the Market Segments. Hence my advice is if you are considering selling, ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
I voted, did you? If not tell us why not... One of the most important civic duty each American Citizen has is to VOTE! Not only is it our duty but it is our privilege.“Someone struggled for your right to vote. Use it.”— Susan B. Anthony, "This process of election affords a moral certainty that the office of President will seldom fall to the lot of any man who is not in an eminent degree endowed with the requisite qualifications.” Alexander Hamilton "The ballot is stronger than the bullet.” Abraham LincolnWishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly! If you are looking for a pet fr...
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