Greg Moesser, an Estates Director of the Beverly Hills office,  joined an elite group of 180 specialists from the Prudential California Realty Luxury Properties Division. The day-long conference was held at the St. Regis Resort in Monarch Beach in mid-February 2010. Noted experts in ultra-high-end properties from Santa Barbara to Beverly Hills to San Diego attended the ‘invitation only” event.

President and CEO Jon Cook reported on sales results for the division. Since 2008, the company’s agents ...

Despite the impression given by the mainstream media, did you know that the sales volume for most of the LA Westside in the” luxury high-end” category more than doubled from a year ago? For example, last year, Bel Air reported a total sales volume of only $6.5 Million in January 2009, this figure soared in December 2009 to $65.5 Million and continued to be strong in January 2010 with a total sales volume of $29 Million. And, ...

January 2010 shows sales volume up in most luxury LA Westside markets, including a $19 Million record sale in Hollywood Hills (Bird Streets) and an $18 Million sale in Bel Air. January 2010 closed slaes report for Beverly Hills, BHPO, Malibu, Hollywood Hills, West Hollywood, Hancock Park & Pacific Palisades listed below...

Beverly Hills ...

The conference was hosted by John Brian Losh, Chairman and CEO of LRE (LuxuryRealEstate.com and Who’s Who in Luxury Real Estate). The “invitation only” network includes the most prominent global luxury brokers and meets three times each year, nationally and internationally, to discuss current real estate trends.

The recent conference in Rome covered multiple topics of great interest to those who serve the high net-worth demographic. An ongoing theme, covered at each of the conferences, is the state ...

 

The Economist magazine recently put together a list from 19 countries of the world’s most overvalued residential housing markets. Using a combination of data that includes sales price, rental rates, mortgage rates, and average price-to-earnings ratio. The data provides an interesting indication of which countries may still see further price drops or which countries are ready for rising prices. The report shows that the USA market is now undervalued by approx. 3%. Despite negative news reports regarding ...

Beverly Hills Single Family Home Sales December 2009 ...

While the number of Beverly Hills pending sales has been steadily rising in the last few months, the November 2009 reports for the exclusive 90210 zip code showed a 25% increase from the previous month and reflected an overall 109% increase from two years ago (November 2007). Greg Moesser, an Estates Director at Prudential CA Realty, Beverly Hills and LAClassicEstates.com said, “While my foreign inquiries began to rise after the changing real estate markets of Europe & ...

Beverly Hills Single Family Home Sales November 2009 ...

Robert Hodgdon, publisher of American Luxury Estates Magazine says “LAClassicEstates.com was selected due to its easy navigation, rich comprehensive content, the up-to-the-minute market trends information, and the high level of global traffic.” The site is updated daily with information regarding every new property listing that comes on the market in Beverly Hills, Bel Air, Hollywood Hills, Hancock Park, Malibu and the Los Angeles Westside area. Properties featured on the site include entry level homes & condos from ...

View ALL Home Sales for October 2009 in Beverly Hills, Bel Air, Malibu and Hancock Park....click "Continued Reading" below to view complete detailed list...Beverly Hills Single Family Home Sales October 2009 ...

Everyone asks me “So how is the market?” The answer is “it depends, are you a Buyer or a Seller?” While the latest news reports have shown some signs of rising home prices, these statistics represent only the average home sales and these are well under the million dollar price point. Homes that are valued over $2 Million represent less than 2% of home sales nationwide and this market is currently experiencing strong price fluctuations.

  Our current luxury ...

The September 2009 Los Angeles luxury real estate report for the enclaves of Beverly Hills, Bel Air, Malibu, Hollywood Hills & Hancock Park. The historic community of Hancock Park reports a record $10 Million sale!

Beverly Hills Single Family Home Sales ...

Everyone asks me “So how is the market?” The answer is “it depends, are you a Buyer or a Seller?” While the latest news reports have shown some rising home prices, these statistics represent the average home sales that are well under the million dollar price point. Homes that are valued over $2 Million represent less than 2% of home sales nationwide and this market is currently experiencing strong price fluctuations.

Our current luxury market is showing price ...

I recently met artist Laraine Mestman and was very impressed by her unique style of "People" & "Pets" portraitures. The classic medium for her portraits is acrylic on canvas. As an accomplished artist with works having been displayed at major international galleries & museums, we here in Los Angeles are lucky to have her as our own personal artist "in residence" sort of speak. She is able to immortalize our loved ones, both people, and my favorite of course, ...

Savvy real estate investors understand that the key to real estate success is market knowledge and “strategizing at the peak market time”. This is especially true in the rarified world of luxury real estate. Luxury real estate is usually classified as properties valued at over $1 million, but in Los Angeles the luxury market is classified as properties over $2 Million and the Mega Luxury market are for properties valued at over $10 million. In the enclaves ...

Dear Friends & Clients,

As a result of our extraordinary market challenges, real estate is a personal experience again. Every sale now requires a greater attention to detail and market experience. It’s more important than ever to analyze each clients unique situation individually. Knowledge is key and as many of you know already, I’m at Cecconi’s Restaurant (corner of Melrose & Robertson) almost every morning discussing the latest real estate market trends with friends, clients, colleagues and anyone else ...

May 2009 Sales Report for all homes sales in the areas of Beverly Hills, Bel Air, Hollywood Hills, Hancock Park & Malibu. Open to view complete report...

Beverly Hills Single Family Home Sales May 2009 ...

While sales prices are down approx. 15% to 20% for Los Angeles's top luxury real estate nieghborhoods of Beverly Hills, Bel Air, Hollywood Hills & Malibu, this can offer a subsantial savings for the Mega luxury home buyer. Already in the first quarter of 2009 there have been 4 sales in the over $20 Million category. Beverly Park, the ultra exclusive gated community located in Beverly Hills reports 2 sales at $32 Million and $27.3 Million. A ...

Los Angeles’s best luxury real estate properties are being snatched up by foreigners, investors and savvy buyers alike. The reasons are the historically low prices, a strong international demand for the Southern California lifestyle and the availability of the best premium properties, many that have not been available in decades. www.LAClassicEstates.com reports there have been 12 sales of properties in the "Over $10 Million" category in just ...

Beverly Hills Single Family Home Sales April 2009 ...

THERE is a new pond emerging in which to fish for home buyers -- overseas. As Southern California sales have stalled and home prices have slumped, realty agents here have geared up to help sellers tap into this market of buyers who come with pockets full of cash. Some local agents have adapted their websites for foreign buyers by adding multiple language translation options. Others have joined professional organizations to give themselves ...

By Annette Haddad, Times Staff Writer July 10, 2007 The 1920s-era Beverly Hills mansion of William Randolph Hearst and Marion Davies was put on the market Monday for $165 million, making it the nation's most expensive residential listing. The pink stucco, H-shaped estate, dubbed Beverly House by the late newspaper magnate, is spread across 6.5 acres north of Sunset Boulevard. It has just about everything a billionaire could want — including three swimming pools, 29 bedrooms, a state-of-the-art movie ...

For the fourth consecutive year, Forbes.com has compiled a list of the year’s residential real estate deals. In the face of a general housing market slowdown, 2006 was a banner year for those that deal in high-end homes. The average price of a home on the list was $40 million, up more than 10% from 2005’s $36 million average, and more than 55% from the 2003 average. It should come as no surprise that the priciest properties were ...