Culver City Observer -

Real Estate

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AVOID THESE 'TOP 10 BUYER TURNOFFS'

Homeowners who want to sell quickly and for top-dollar should first clean up their house, a survey says. Other big turnoffs include uncontrolled animals and odors from last night’s dinner. DEAR...

 

Realty Roundup

Mortgage Rates Jump to 7-Year High Freddie Mac, the quasi-government agency that helps to provide home-byers and refinancers with the cash they need to get new loans, said on Oct. 11 that its weekly poll of lenders shows that mortgage rates have...

 

Tips for Owners with Loved One Afflicted by Dementia

Real Estate Corner Tips for Owners with Loved One Afflicted by Dementia By David W. Myers DEAR DAVE: I quit my full-time office job last year and started working from home so I could care for my mom,...

 

Realtors to Convene in Long Beach

California realtors and related professionals will gather for their statewide convention from Oct. 9 through Oct. 11 at the Long Beach Convention Center. The annual show is the largest real estate convention in the state. It is organized by the...

 

Homeowners, New Buyers should Double-Check Insurance

DEAR DAVE: We received a letter from the company that provides our homeowners insurance policy, urging us to upgrade our current “actual cash value” coverage to something called “replacement...

 

Time to get Ready for Colder Months Ahead

With Autumn almost here, homeowners should act now to make sure that their property is ready to “weather” the rain that (hopefully) lies soon ahead. DEAR DAVE: I recently noticed that the paint...

 

Realty Roundup

The powerful California Association of Realtors is stepping-up its campaign for voters to approve Prop. 5 on the statewide November ballot but reject Prop. 10. The upcoming election is “critical to addressing California’s housing crisis through...

 

Real Estate Corner

DEAR DAVE: My husband and I are getting divorced. He has a good job and wants to keep our house, so he says that he’ll make all of the future mortgage payments if I agree to sign a “quitclaim deed...

 

'Airbnb' NYC Lawsuit may Impact Culver

In a major lawsuit that has started in New York but could spread all the way to Culver City, Airbnb is suing the city of New York over a new law that allows local officials to collect data on Airbnb hosts, including names and addresses. Airbnb...

 

Victims of Wildfires Must be Wary of Scams

Thousands of wildfire survivors face a long road recovering from the devastating fires that have destroyed or damaged thousand of homes in California. But now, Insurance Commissioner Dave Jones is warning against a new threat: Unlicensed contractors...

 

'COMFORT LETTER' MAY SMOOTH LOAN PROCESS

DEAR DAVE: My employer was nice enough to give me a full year off of work when my husband and I had our first baby in April of last year. Now I am back at work and we want to buy our first home, but t...

 

State has Limits on Small Claims Lawsuits

DEAR DAVE: How much can I sue a real estate contractor or other person for in Small Claims Court? ANSWER: Limits vary from one state to the next. In California, it’s generally capped at $10,000 but...

 

Culver Home Prices Keep Rising

Home prices in Culver City and across some other parts of the Golden State keep rising, the California Association of Realtors reports, but sales are slowing as mortgage-rates rise and more potential homebuyers are knocked-out by those climbing...

 

Home Prices Rise but Foreclosures Grow More Worrisome

The median price of a single-family home in the state reached a record $600,860 in May, the California Association of Realtors said last week, while prices in Culver City and the rest of the Los...

 

Real Estate Corner

By David W. Myers Managing Editor With Independence Day around the corner, it’s interesting to look at the way that U.S. real estate has evolved since 1776. DEAR DAVE: How was property bought and so...

 

Realtor Dannie Cavanaugh Meets With Culver's State Legislators

On Wednesday, April 22, 50 local REALTORS, including Culver City's Dannie Cavanaugh of Cavanaugh REALTORS®, joined with almost 2,500 REALTORS from across the state to meet with their...

 

REALTORS® Charitable Foundation Awards Scholarships

The Beverly Hills/Greater Los Angeles Association of REALTORS® Charitable Foundation, Inc. announces the recipients of its 2014 Scholarship Program. The program was created to support the REALTORS® of tomorrow by providing scholarships of $250 -...

 

Local REALTOR Association Updates Brokers

Just days after Governor Brown signed several real-estate related bills into law, the Beverly Hills/Greater Los Angeles Association of REALTORS, which includes Culver City, held a breakfast meeting to brief REALTOR Brokers on how the new laws will...

 
 By Mike King    Real Estate    July 10, 2014

Home Sellers and the New Health Care Law Tax Implications

Now that the new health care law is in full swing, here's the highlights as it relates to home sellers with large capital gains. There are two main qualifiers. 1 - Applies to home owners who earn...

 
 By Mike King    Real Estate    May 18, 2014

Culver City Home Prices Average $1M In April

Single Family Homes As the market rages on all over the country (Click here see Case Shiller index here) , the local real estate activity continues to amaze even the more experienced realtors among us...

 

The Best $500 A Potential Seller Could Ever Spend

In the home selling process there are many situations that can cause the seller/s to "lose money." The most common one is the home inspection. So your home has been listed and marketed for sale, you...

 

Culver City Empty Nesters Can Use Cross Collateralization to Move Up or Down!

In this market of thin inventory and properties being snapped up swiftly with multiple bidders, one of the biggest challenges facing move up, or trade down sellers (empty nesters) is how to compete in...

 
 By Mike King    Real Estate    April 3, 2014

Culver City Condo Prices Surpass 2007 Highs!

Single Family Homes After several months of price increases month after month, single family home prices seemed to level off a little in march but they are cruising along at new highs. Only 4 homes...

 

Culver City's Most Expensive Neighborhoods By Elementary School

Culver City School District Home Price Comparison This week I thought it would be interesting to see if Culver City's Elementary School District boundaries have any influence over home prices. The...

 

Culver City Home Buyers Face Uphill Battle

Single-Family Homes Seems that every month I repeat the same thing, Culver City real estate prices hit new highs. For all current homeowners out there it's nothing but good news. Homebuyers, on the...

 

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