New York's Median Home Price Increases By 35%

New York’s median prices are up 35%! This is a result of the current trend towards the purchases of larger more expensive homes. Real estate transaction had slowed in all sectors as both the wealthy and average Americans were cautious to invest. So is this a signal of improvement? Potentially. However, we will have to pay attention to see if this trend catches on in other major markets.

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Newly Constructed Artchitectural In Santa Monica

Newly constructed architectural in Santa Monica for under $2 million! Granted it is on a smaller lot, it uses the space efficiently and is a short walk from the beach. I love the design aesthetic, combining concrete, class, and wood finishes.

Tubleweed Blowing Through Los Angeles?

Los Angeles is riddled with lots... Once prime commercial areas are no longer attractive to developers. Since 2007 commercial real estate in Los Angeles has plummeted to in value up to 60%. Abandon projects have led to parking lots where 76-story condominium towers were once planned. The current state of the commercial market is definitely reason for concern, as it reflects the poor condition of our economy.

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Is That Whale Your Having?

Black market whale meat was being served at a restaurant in Los Angeles, CA. As soon as this was brought to the attention of authorities the restaurant was promptly shut down. Unfortunately it gets even more disturbing, as forensic evidence traced the meat to whales slaughtered during a "scientific" charade conducted by the Japanese. While I could argue that selling illegal meats is detrimental to commercial real estate, I prefer to share this article in hopes that it will spur action. Consuming animals that are on the brink of extinction is not only unethical, it is just wrong.


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Save The Peak.

The effort to preserve the land around the Hollywood sign from being developed received a 16-day extension to come up with the remaining $1 million needed to purchase the land. So far the city has raised $11.5 million. Check out the link below to learn more.

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Coldwell Banker Is Raising The Bar On YouTube

Coldwell Banker Youtube channel is taking real estate searching online to the next level. Check it out, its interactive map lets you see a property's location and then immediately see a virtual tour of the property... Good stuff.

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