Archives For Los Angeles Real Estate

Articles on the Los Angeles real estate market. Read short, insightful news on foreclosures, big-ticket transactions, stats, trends and more in Los Angeles.

January 2014 Sees 1,000,000+ Unique Visitors on PropertyShark

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We’ve proudly shared our previous milestone with you (when the number of registered members passed the one million mark), so we thought you’d join us in celebrating the fact that PropertyShark.com now registers more than one million unique visitors per month!

1mil uniques logoPropertyShark kicked off 2014 on a strong note, having grown (traffic-wise) 42% from last year, and a striking 264% from the year before.

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Looking for a good scare this Halloween? We’ve put together two fun maps with some of the best party locations around NYC and LA to help you spot the one that’s closest to you!

Moreover, we’ve broken them down into 2 categories: the ones that are adult-centered – and may involve alcohol and late hours (signaled with a Vampire pinpoint) – and events suitable for the entire family (look for the cute pumpkins).

Not all events will take place on Oct. 31st, so zoom in for the exact date, as well as the name of the party and its location.

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foreclosure auction

With only a few days left until this year’s Los Angeles County Tax Sale – set to take place on October 21, 22 in Pomona – we thought we’d take a look at the properties that will go up for auction. And they’re quite a few!

According to our Los Angeles Foreclosure data, an impressive total of 3,503 properties will be auctioned off by the Los Angeles County Treasurer and Tax Collector as the owners failed to pay their property taxes. That’s 51 percent more than in 2012, when 2319 properties were up for grabs.

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Selling a property can take a long time, and in NYC the average selling time can last even longer than in many other parts of the nation. One of the things that agents can do to speed up a sale is to work on the listing description carefully.

And if you ever wondered what those “magical” words that might help sell an NYC home faster are, a recent study made by real estate listings portal Point2Homes (PropertyShark’s sister company) might give you some answers.

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Celebrities and the real estate sector usually make quite a hot pair. How hot? It depends if you are on the East Coast or West Coast, and if you prefer Hollywood to the business world.

At PropertyShark we were quite curious to see what names most people were running owner searches for, and the results show quite a discrepancy between the two coasts: Hollywood celebs made up most owner searches for the West Coast, while the East Coast seemed to be after more serious business, as people looked up property landlords mainly.

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Chart of the Week: Top 10 Largest Homes in Los Angeles

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If you live in NYC or any other city where very large home spaces are rather scarce, we won’t think anything less of you if you skipped this week’s chart. This time at PropertyShark, we searched for the 10 largest homes in Los Angeles by building square footage and watched numbers go from 28,222sqft to a whopping 52,503sqft.

The largest home in Los Angeles (52,503 sqft)  is the former Aaron and Candy Spelling mansion at 594 S Mapleton Dr., which sold last summer for $85 million to the daughter of Formula One racing lead Bernie Ecclestone.

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The average home in New York City (all the five boroughs) is 1,124 square feet, which places the Big Apple at the bottom of the list of 20 cities in the U.S. Home owners in Washington D.C. and Atlanta enjoy almost twice as much space as New Yorkers.

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2011 Oscar Nominees Homes In The Los Angeles Hills

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We created a map pointing out the location of the homes of some of the 2011 Oscar nominees Los Angeles. (Specific address not included)

2011 Oscar Nominees Homes

2011 Oscar Nominees Homes

One of them is Mark Wahlberg, who allegedly bought a 6 acre vacant lot in Beverly Hills zip code 90210 in 2009 for which he paid $8.2 million.

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2009 Malibu Residential Sales Map

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In this PropertyShark study on the value of a beachfront property in Malibu, we see that the median sale price for beachfront homes is 51% higher than it is for homes on the ocean side of the Pacific Coast Highway (but not beachfront) and 122% higher than for those on the other side of the highway in Malibu.

malibu_sales_excel

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Here are the three most expensive properties we identified in Beverly Hills that hit the market in March. You can click on the picture for more details on the listing or click on the address for a detailed property report.

bev1 335 Trousdale Place, Beverly Hills, 90210

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