Industry News

The race is on for L.A. real estate

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

This was the shortest holiday break in recent memory with Christmas falling on a Saturday. Traditionally Hollywood shuts down starting around the 17th of December. Pretty typically, there's a full two weeks for out-of-town excursions but this year we all got gypped. In the long run, the shortened holiday was a good thing as many friends decided not to go too far away, which probably explains the low numbers of Americans who died from the powerful tsunami in the Far East. The weather here has been unspeakable. Endless rain and low temperatures have put everyone in a completely foul mood. Almost everyone I know has been in some sort of fender bender. Roofs are leaking out of control and people who live at the top of the hill are nervously eyeing their neighbors on the hillsides below. And in spite of all this gloom and doom, several of our friends have hunkered down and are determined to buy real estate now. This minute. As soon as they can. There haven't even been any Open Houses for t...