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        <title>IET Real Estate Los Angeles Blog</title>
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        <description>IET Real Estate Los Angeles Blog</description>
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    <guid>https://www.ietrealestate.com/blog/january-2026-newsletter.html</guid>
    <link>https://www.ietrealestate.com/blog/january-2026-newsletter.html</link>
        <author>bnicolas@ietrealestate.com (Ben Nicolas)</author>
        <title>The market didn’t stall. It got more selective - January 2026 Newsletter - Ben There Done That </title>
    <description> <![CDATA[ 
The market didn’t stall. It got more selective. ????



The market didn’t stall. It got more selective. ????




Hey, Ben here.



The start of the year always brings a shift.



Not in headlines, but in behavior.



People pause. Deals get more deliberate. You start seeing what actually carried over from last year and what didn’t.



Around the neighborhood, change doesn’t announce itself. It shows up in who’s listing, who’s waiting, and which projects quietly keep moving.



That’s what this edition is about. Less noise. More signal.



Let’s get into it.






Neighborhood Happenings: Plans worth penciling in






What’s Going Up: Small-lot housing inches north on Hyperion






How’s The Market?: A look at the numbers






On the Table: Italian American cooking that fits the block






Ben’s Picks: Three different ways to make a move






NEIGHBORHOOD HAPPENINGS



Plans Worth Penciling In


Early-year plans around Los Feliz, Silver Lake, Echo Park, and Atwater Village get simpler.



I notice people choosing fewer things but more intentionally. Walks that slow the day down, gatherings that feel familiar, and the occasional reason to drive a little farther than usual.These three fit that vibe in different ways.



SoCal Etsy Guild Market



The SoCal Etsy Guild brings together local makers and creatives from across Southern California, creating a space to connect, share resources, and support independent artists.



Whether you’re a buyer, seller, or just love discovering handmade work, it’s a great way to plug into the region’s creative community.






???? 300 East Colorado Boulevard, Pasadena, CA






????️ January 24th






????️ More Info







Monterey Park Lunar New Year Festival



Monterey Park’s Lunar New Year celebration has been drawing crowds for years, and for good reason. Garvey Avenue shuts down, families arrive early, and food becomes the main attraction.



It is busy, loud (in the best way), and worth the short drive if you want a reminder of how deeply rooted these traditions are in greater Los Angeles.






???? Garvey Avenue, Monterey Park






????️ January 31st – February 1st






????️ More Info







Los Angeles A Cappella Festival



This one sits a little farther out, but it pulls in a creative crowd from across the city.



A weekend of performances, workshops, and showcases keeps things focused on craft rather than scale.






???? Hermosa Beach Community Theatre, 710 Pier Ave






????️ February 13th – February 15th






????️ Tickets







If you come across an event, market, or show that feels genuinely worth checking out, send it my way. I love seeing what people are actually making time for.


WHAT'S GOING UP



Small-Lot Housing Inches North on Hyperion


A quiet stretch of Hyperion Avenue in Silver Lake is next in line for change.



Plans have been filed to build four small-lot homes at 1132 N. Hyperion Ave, just north of Sunset, on a long-vacant 10,400-square-foot parcel.



The proposal would subdivide the lot into four individual homes, each about 35 feet tall, arranged in a row with shared driveways at street level.



No architectural renderings yet, but the layout follows a familiar small-lot playbook we’ve been seeing more of around Silver Lake.



What makes this one worth watching is context: a similar project has already been filed a short walk south of Sunset, and both sit about half a mile from the mixed-use project now under construction at 3313 Sunset Blvd.



On their own, these are modest developments. Together, they signal a slow but steady push toward higher-density ownership options along this corridor.



No cranes yet, just paperwork, but this is how change tends to start here: quietly, one filing at a time.


HOW'S THE MARKET?



A Look At The Numbers 


Before we get into the numbers, one important backdrop worth flagging.



As of December 31, Los Angeles County remains under an active emergency declaration, which has been extended due to the December winter storm.



That means countywide anti–price–gouging rules are still in effect, capping rent increases at 10 for all rental housing types (including single-family homes and ADUs) until the declaration is lifted.



Between storms, wildfires, and other emergency extensions, the county has effectively been in a continuous state of emergency for most of the past year.



For landlords and investors, that’s adding friction. For renters, it’s temporarily limiting rent spikes. And for the market overall, it’s another reason decision-making has slowed and underwriting has gotten more conservative.



Let’s look at how that’s playing out on the ground:



Los Feliz






Average Price: $3.3M






Price per Sq Ft: $955






Active Listings: 95






Avg Days on Market: 188







Silver Lake






Average Price: $2.4M






Price per Sq Ft: $804






Active Listings: 73






Avg Days on Market: 149







Echo Park






Average Price: $1.4M






Price per Sq Ft: $742






Active Listings: 103






Avg Days on Market: 130







Atwater Village






Average Price: $901K






Price per Sq Ft: $866






Active Listings: 64






Avg Days on Market: 180







What stands out isn’t a drop in values; it’s the time it’s taking to get deals across the line.



Buyers are slowing down and paying closer attention. Inspections matter again. Sellers who focus on preparation and realistic pricing are the ones seeing momentum.



For buyers, patience is finally valuable.


For sellers, discipline shows up quickly in the results.


For owners, values aren’t racing ahead. They’re holding steady, quietly.



If you want to see how this looks on your block, send over your cross streets and I’ll take a closer look.


ON THE TABLE



Italian American cooking that fits the block


Little Dom’s sits right on Hillhurst and works because it knows exactly what it is. It’s an all-day neighborhood spot that handles breakfast, lunch, and dinner without trying to reinvent itself. Mornings are relaxed, afternoons are easy, and once the oven’s on, it turns into a reliable dinner place for locals who don’t feel like overthinking it.



The room has just enough character to feel established, and the crowd is mostly people from the neighborhood (with the occasional first-timer who quickly figures out why it stays busy).



The menu leans Italian-American and keeps it straightforward. Breakfast is generous without being heavy, and dinner is where it really shines: solid pastas, thin-crust pizza, and dishes that don’t need explaining.



What to try:






Ricotta and blueberry pancakes with real maple syrup






Spaghetti and meatballs






Smoked salmon pizza with stracciatella, capers, and dill







???? 2128 Hillhurst Ave, Los Angeles, CA 90027



???? Dinner nightly, reservations recommended



???? View the menu | Reserve a table


BEN'S PICKS


Three different ways to make a move 


Some listings answer a cash flow question. Some answer a lifestyle one. Occasionally, one answers both.



These three land in different lanes, which is exactly why they belong together.



For Sale: 




????Highland Park | Branch Duplexes


Both are legit cash-flow plays.



248 Income: ~$9,600/mo


252 Income: ~$7,600/mo



Two side-by-side duplexes, both updated, both fully rented, both sitting in one of the Eastside’s strongest rental corridors.



???? Cypress Park | 2659 Thorpe (Two Homes on One Lot)



Still available, and honestly, one of the smarter buys on the Eastside right now.


With today’s construction costs, you cannot buy land and rebuild to this level for anywhere near the list price. Two units, modern updates, and a setup that works for end-users or investors.



View the full listing here



If one of these feels close to something you already own or something you have been waiting for, reply to this email and I’ll walk through how it compares at a street level.



For Rent: 



???? Silver Lake | 2756 Locksley Ave (Studio ADU)



A quiet, detached studio tucked just off Rowena, walking distance to the reservoir and the Hyperion corridor. Hardwood floors, subtle Spanish details, no shared walls, plus private outdoor space, off-street parking, laundry, and an EV charger. Simple, livable, and rare in this pocket.

 

View the full listing here



Looking for more options…



Here are three notable local listings that should be on your radar:



???? 2329 N Edgemont Street, Los Angeles, CA 90027



5 Bed | 3 Bath | 2,949 Sq Ft



Edgemont sits in one of those quieter Los Feliz pockets that buyers tend to hold onto once they’re in. This one is about structure and land more than finishes. Original Spanish bones, a generous lot, and a detached space above the garage that opens up real flexibility.



View full listing



???? 2638 Lake View Terrace E, Los Angeles, CA 90039



4 Bed | 5 Bath | 4,492 Sq Ft



This is Silver Lake at its most considered. A Barbara Bestor renovation that prioritizes light, materials, and restraint, with views that feel earned rather than staged. Everything here is intentional, from the layout to the sustainability features, and it shows. This one makes sense for buyers who value design integrity and long-term livability over trend-driven updates.



View full listing



???? 1611 Angelus Avenue, Los Angeles, CA 90026



4 Bed | 5 Bath | 2,462 Sq Ft



Angelus Avenue continues to deliver homes that feel connected to Silver Lake’s core, and this one strikes a good balance.



Original Spanish character is still present, while the kitchen, outdoor spaces, and ADU bring practical flexibility into the mix. It works just as well as a primary residence or a home that needs to accommodate guests, work, or creative space without feeling overbuilt.



View full listing


DID YOU KNOW?


The path to Olympic tickets in Los Angeles just opened, and it starts with a lottery, not a checkout page.



LA28 opened its official ticket draw registration, which is the required step to even get a time slot when tickets go on sale next spring.


Registering doesn’t cost anything, but it does put you in line for future ticket drops. And locals get an added perk, with an LA-area presale window planned for April 2026.



If the Games are even a maybe for you, this is one of those moves worth doing early.


???? That’s a wrap on this month’s edition.



Thanks for making room for these notes each month.



I don’t take that lightly.



I keep learning from how these neighborhoods move. Sometimes fast, more often quietly, usually somewhere in between. Carrying that awareness into 2026 feels right.



If you notice a small change on your block, a project taking shape, or something that made you pause for a second look, send it my way. Seeing the city through your lens always adds context.



Here’s to starting the year steady.



Talk soon.— Ben???? Browse current listings???? Follow along on Instagram???? Learn more about me



BEN NICOLAS


Licensed Real Estate Broker/Realtor


Working in Los Angeles, California(310) 874-1278CA BRE Lic  01458128bnicolas@ietrealestate.com



Copyright (C) 2026 IET Realestate. All rights reserved.

 ]]> </description>
    <pubDate>Mon, 09 Feb 2026 14:05:00 -0800</pubDate>
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    <guid>https://www.ietrealestate.com/blog/understanding-price-gouging-in-california-during-wildfires.html</guid>
    <link>https://www.ietrealestate.com/blog/understanding-price-gouging-in-california-during-wildfires.html</link>
        <author>bnicolas@ietrealestate.com (Ben Nicolas)</author>
        <title>Understanding Price Gouging in California During Wildfires</title>
    <description> <![CDATA[ 




In urgent need of housing after the Los Angeles wildfires, displaced residents are facing a rental market flooded with unlawful price hikes. The California Association of REALTORS® (C.A.R.) has noted alarming increases in rental prices—some by 25 or more. 


Under California Penal Code Section 396, price gouging is strictly prohibited. Landlords cannot increase the price of rental housing by more than 10 after a State of Emergency is declared. For properties newly advertised or not leased before the emergency, the rent cannot exceed 160 of the fair market value established by the U.S. Department of Housing and Urban Development.


For daily rentals like Airbnb, the increase is similarly capped at 10 post-emergency. If housing was rented on a daily basis prior to the declaration and then offered on a full-time or monthly basis after, the price may not exceed 160 of the fair market value.


Moreover, landlords cannot justify unlawful price increases by providing additional services, covering utilities, or changing lease terms. Evicting a tenant only to re-rent at a prohibited rate is also illegal.


The enforcement of this statute typically lasts for 30 days after an emergency declaration but can be extended by state or local officials. Violations can lead to criminal prosecution, including up to one year in county jail and fines of up to $10,000. Civil penalties of up to $2,500 per violation can also be imposed.


You can report violations to the Attorney General’s office at 1-800-952-5225 or online here. 


In times like these, it's crucial we come together as a community. If you've been displaced and need real estate advice as you try to relocate, don't hesitate to email us or give us a call at (323) 412-9060.
 ]]> </description>
    <pubDate>Wed, 15 Jan 2025 12:33:00 -0800</pubDate>
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    <guid>https://www.ietrealestate.com/blog/blog-post-how-to-read-the-fed-projections-like-a-pro.html</guid>
    <link>https://www.ietrealestate.com/blog/blog-post-how-to-read-the-fed-projections-like-a-pro.html</link>
        <author>bnicolas@ietrealestate.com (Ben Nicolas)</author>
        <title>Blog Post: How to Read the Fed Projections Like a Pro</title>
    <description> <![CDATA[ 

In September, the Federal Reserve made its first interest rate cut in four years. It was bigger than expected–– half a percentage point. After their next policy meeting on November 7th, the Fed will announce if they will make another cut, and if so, by how much. Economists are busy making their predictions as to what they will decide, and one way they form their opinion is by tracking the dot plot released by the Fed every quarter. 


Hoping to buy a new home or refinance? The Fed's decision will likely impact the cost of your mortgage. If you want to better understand how the Fed's interest rate decisions affect the housing industry, a good place to start is learning how to read the dot plot. 





Understanding the Dot Plot


Every quarter, the Fed releases its Summary of Economic Projections, which includes the dot plot. This graph shows where Fed officials expect interest rates to be at the end of the upcoming years. 


Nineteen dots arranged along a vertical scale represent the opinion of each of the Fed’s nineteen officials. They all make five predictions: one for the next four years, plus a prediction for the overall &quot;longer run.&quot; The dots are kept anonymous, though some officials will publicly discuss their predictions. 


Economists pay special attention to the tenth dot from each cluster. This is the median prediction, which tends to give the clearest idea of where policy is probably heading. To make their predictions, the pros compare how the dots have shifted from quarter to quarter. This gives them a little insight into how the policymakers reacted to the new economic data that’s rolled in since the last report.


When making their predictions, some pieces of data they consider are unemployment rates and inflation expectations. 


Unemployment and Inflation


The Fed is cautiously moving towards rate cuts, given recent trends in inflation and the job market. Policymakers are wary of slowing the economy too much, which could lead to recession. In June, unemployment was projected to rise to 4 by the end of this year, and as of September, it already sat at 4.2. If the Fed opts for aggressive rate cuts, it could signal concerns over economic stability.


Forecasting inflation is another critical aspect of the Fed’s projections. In June, the Fed anticipated inflation to be around 2.6 by year-end but has already dropped to 2.5. The Fed's goal is to guide inflation back to their target of 2 over time.


Understanding Economic Trends: Guide your Real Estate and MortGage Decisions


As you monitor the Fed’s upcoming interest rate decisions and projections, pay close attention to the dot plot, unemployment forecasts, and inflation estimates. These indicators not only inform you about current lending costs but also provide a roadmap for the economic landscape ahead, guiding your mortgage decisions and strategies effectively.


Looking to buy a new home? Email Ben Nicolas or call (310) 874-1278 to learn how the upcoming Fed policy announcement might affect you. 
 ]]> </description>
    <pubDate>Wed, 23 Oct 2024 15:48:00 -0700</pubDate>
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    <guid>https://www.ietrealestate.com/blog/is-affordability-starting-to-improve.html</guid>
    <link>https://www.ietrealestate.com/blog/is-affordability-starting-to-improve.html</link>
        <author>bnicolas@ietrealestate.com (Ben Nicolas)</author>
        <title>Is Affordability Starting To Improve?</title>
    <description> <![CDATA[ 
Is Affordability Starting To Improve?





Over the past couple of years, a lot of people have had a hard time buying a home. And while affordability is still tight, there are signs it's getting a little better and might keep improving throughout the rest of the year. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says:


“Housing affordability is improving ever so modestly, but it is moving in the right direction.”


Here’s a look at the latest data on the three biggest factors affecting home affordability: mortgage rates, home prices, and wages. 


1. Mortgage Rates


Mortgage rates have been volatile this year, bouncing around from the mid-6 to low 7 range. But there's some good news. Data from Freddie Mac shows rates have been trending down overall since May (see graph below):


Mortgage rates have improved lately in part because of recent economic, employment, and inflation data. Moving forward, some rate volatility is to be expected. But if future economic data continues to show signs of cooling, experts say mortgage rates could keep going down.


 Even a small drop can help you out. When rates decline, it's easier to afford the home you want because your monthly payment will be lower. Just don’t expect them to go back down to 3.


2. Home Prices


The second big thing to think about is home prices. Nationally, they’re still going up this year, but not as fast as they did a couple of years ago. The graph below uses home price data from Case-Shiller to illustrate that point:


If you're thinking about buying a home, slower price growth is good news. Home prices went up a lot during the pandemic, making it hard for many people to buy. Now, with prices rising more slowly, buying a home may feel less out of reach. As Odeta Kushi, Deputy Chief Economist at First American, says: 


“While housing affordability is low for potential first-time home buyers, slowing price appreciation and lower mortgage rates could help – so the dream of homeownership isn’t boarded up just yet.”


3. Wages


Another factor helping with affordability is rising wages. The graph below uses data from the Bureau of Labor Statistics (BLS) to show how wages have increased over time:


Look at the blue dotted line. It shows how wages usually go up in a typical year. On the right side of the graph, you'll see wages are rising even faster than normal right now – that's the green line.


This helps you because if your income increases, it's easier to afford a home. That’s because you won't have to spend as much of your paycheck on your monthly mortgage payment.


Bottom Line


When you put all these factors together, you see mortgage rates are trending down, home prices are rising more slowly, and wages are going up faster than usual. Though affordability is still a challenge, these trends are early signs things might be starting to improve.
 ]]> </description>
    <pubDate>Tue, 27 Aug 2024 00:56:00 -0700</pubDate>
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    <guid>https://www.ietrealestate.com/blog/los-angeles-realtor-iet-real-estate-just-sold-in-eagle-rock.html</guid>
    <link>https://www.ietrealestate.com/blog/los-angeles-realtor-iet-real-estate-just-sold-in-eagle-rock.html</link>
        <author>bnicolas@ietrealestate.com (Ben Nicolas)</author>
        <title>Los Angeles Realtor: Just Sold Triplex in Eagle Rock </title>
    <description> <![CDATA[ 



Just Sold: Triplex in Prime Eagle Rock


A long-time client and friend recently decided to redirect their equity from their income property located in prime Eagle Rock. I felt both honored and privileged to be chosen to guide them through this process, helping them achieve their goal of pursuing a new course of action with their equity.????The new triplex owner, a US immigrant working in construction, spent decades renting and saving to buy their first home—and they finally did it Felicidades, Catracho AmericanDreamThe support of the buyer’s agent made this closing possible. A truly caring and professional person, Lisa Detamore was dedicated to helping her client.  I have to extend a big thanks to her and the hardworking loan officer, Juan Martinez who tirelessly pushed through until the deal was funded.


Looking for someone who can add value to your next Los Angeles real estate purchase or sale?  Email Ben Nicolas or reach out directly, (310) 874-1278.
 ]]> </description>
    <pubDate>Wed, 14 Aug 2024 11:15:00 -0700</pubDate>
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    <guid>https://www.ietrealestate.com/blog/just-sold-in-east-hollywood-los-angeles-realtor.html</guid>
    <link>https://www.ietrealestate.com/blog/just-sold-in-east-hollywood-los-angeles-realtor.html</link>
        <author>bnicolas@ietrealestate.com (Ben Nicolas)</author>
        <title>Just Sold in East Hollywood Los Angeles Realtor</title>
    <description> <![CDATA[ 



I'm thrilled to announce the closing of this East Hollywood jewel boxWhen my client relocated, she had to decide what to do with her house: she could rent it out, forcing her to travel over an hour to handle management duties, or sell it and reposition the equity into another investment that would yield twice the estimated net rent, plus no management responsibilities or liabilities...It was a no-brainerI was honored that she chose me to guide her in this repositioning process.  We faced a few hurdles along the way, but in the spirit of the Olympics, we sailed over them without breaking stride.Working with @the_nikki_miller was a privilege. A total pro, she and her impressive lender @kellyzitlowgroup made closing effortless—you know LO is a baller when you close on time with no surprises… without even needing to speak with them


And congrats to the new buyer, too This one’s a great getLooking for someone who can add value to your next Los Angeles real estate purchase or sale?  Email Ben Nicolas or reach out directly, (310) 874-1278.

 ]]> </description>
    <pubDate>Mon, 12 Aug 2024 12:39:00 -0700</pubDate>
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    <guid>https://www.ietrealestate.com/blog/your-agent-is-the-key-to-pricing-your-house-right.html</guid>
    <link>https://www.ietrealestate.com/blog/your-agent-is-the-key-to-pricing-your-house-right.html</link>
        <author>bnicolas@ietrealestate.com (Ben Nicolas)</author>
        <title>Your Agent Is the Key To Pricing Your House Right</title>
    <description> <![CDATA[ 
 









Some Highlights




The asking price for your house can impact your bottom line and how quickly it sells.


Both under- and overpricing have drawbacks. So to find the right price for your house, lean on your agent for their expertise.


Don’t pick just any price for your listing. Trust your real estate professional to help you find the perfect price for your house.


 ]]> </description>
    <pubDate>Mon, 08 Jul 2024 20:51:00 -0700</pubDate>
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    <guid>https://www.ietrealestate.com/blog/not-a-crash-3-graphs-that-show-how-todays-inventory-differs-from-2008.html</guid>
    <link>https://www.ietrealestate.com/blog/not-a-crash-3-graphs-that-show-how-todays-inventory-differs-from-2008.html</link>
        <author>bnicolas@ietrealestate.com (Ben Nicolas)</author>
        <title>Not a Crash: 3 Graphs That Show How Today’s Inventory Differs from 2008</title>
    <description> <![CDATA[ 
Not a Crash: 3 Graphs That Show How Today’s Inventory Differs from 2008





Even if you didn't own a home at the time, you probably remember the housing crisis in 2008. That crash impacted the lives of countless people, and many now live with the worry that something like that could happen again. But rest easy, because things are different than they were back then. As Business Insider says:


“Though many Americans believe the housing market is at risk of crashing, the economists who study housing market conditions overwhelmingly do not expect a crash in 2024 or beyond.”


Here’s why experts are so confident. For the market (and home prices) to crash, there would have to be too many houses for sale, but the data doesn't show that’s happening. Right now, there’s an undersupply, not an oversupply like the last time – and that’s true even with the inventory growth we’ve seen this year. You see, the housing supply comes from three main sources:




Homeowners deciding to sell their houses (existing homes)


New home construction (newly built homes)


Distressed properties (foreclosures or short sales)




And if we look at those three main sources of inventory, you’ll see it’s clear this isn’t like 2008.


Homeowners Deciding To Sell Their Houses


Although the supply of existing (previously owned) homes is up compared to this time last year, it’s still low overall. And while this varies by local market, nationally, the current months’ supply is well below the norm, and even further below what we saw during the crash. The graph below shows this more clearly.


If you look at the latest data (shown in green), compared to 2008 (shown in red), we only have about a third of that available inventory today. 



So, what does this mean? There just aren't enough homes available to make values drop. To have a repeat of 2008, there’d need to be a lot more people selling their houses with very few buyers, and that's not the case right now.


New Home Construction


People are also talking a lot about what's going on with newly built houses these days, and that might make you wonder if homebuilders are overdoing it. Even though new homes make up a larger percentage of the total inventory than the norm, there’s no need for alarm. Here’s why.


The graph below uses data from the Census to show the number of new houses built over the last 52 years. The orange on the graph shows the overbuilding that happened in the lead-up to the crash. And, if you look at the red in the graph, you’ll see that builders have been underbuilding pretty consistently since then: 



There’s just too much of a gap to make up. Builders aren’t overbuilding today, they’re catching up. A recent article from Bankrate says:


“What’s more, builders remember the Great Recession all too well, and they’ve been cautious about their pace of construction. The result is an ongoing shortage of homes for sale.”


Distressed Properties (Foreclosures and Short Sales)


The last place inventory can come from is distressed properties, including short sales and foreclosures. During the housing crisis, there was a flood of foreclosures due to lending standards that allowed many people to get a home loan they couldn’t truly afford.


Today, lending standards are much tighter, resulting in more qualified buyers and far fewer foreclosures. The graph below uses data from ATTOM to show how things have changed since the housing crash: 



This graph makes it clear that as lending standards got tighter and buyers became more qualified, the number of foreclosures started to go down. And in 2020 and 2021, the combination of a moratorium on foreclosures (shown in black) and the forbearance program helped prevent a repeat of the wave of foreclosures we saw when the market crashed.


While you may see headlines that foreclosure volume is ticking up – remember, that’s only compared to recent years when very few foreclosures happened. We’re still below the normal level we’d see in a typical year.


What This Means for You


Inventory levels aren’t anywhere near where they’d need to be for prices to drop significantly and the housing market to crash. As Forbes explains:


“As already-high home prices continue trending upward, you may be concerned that we’re in a bubble ready to pop. However, the likelihood of a housing market crash—a rapid drop in unsustainably high home prices due to waning demand—remains low for 2024.”


Mark Fleming, Chief Economist at First American, points to the laws of supply and demand as a reason why we aren't headed for a crash:


“There’s just generally not enough supply. There are more people than housing inventory. It’s Econ 101.”


And Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says:


“We will not have a repeat of the 2008–2012 housing market crash. There are no risky subprime mortgages that could implode, nor the combination of a massive oversupply and overproduction of homes.”


Bottom Line


The market doesn’t have enough available homes for a repeat of the 2008 housing crisis – and there’s nothing that suggests that will change anytime soon. That’s why housing experts and inventory data tell us there isn’t a crash on the horizon.
 ]]> </description>
    <pubDate>Mon, 08 Jul 2024 14:17:00 -0700</pubDate>
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    <guid>https://www.ietrealestate.com/blog/open-house-4710-clinton-street-in-east-hollywood.html</guid>
    <link>https://www.ietrealestate.com/blog/open-house-4710-clinton-street-in-east-hollywood.html</link>
        <author>bnicolas@ietrealestate.com (Ben Nicolas)</author>
        <title>Open House: 4710 Clinton Street in East Hollywood</title>
    <description> <![CDATA[ 

OPEN HOUSE: Light-filled bungalow in convenient East Hollywood location


 





$725,000   |  2 B/1 Ba  |  960 sq ft


With private hedged outdoor space and covered parking, this turnkey 2br/1ba single-family home is a rare find, free from the constraints of a condo or TIC arrangements, and no HOA fees or association rules to worry about.


Owned and meticulously improved by a discerning creative, well schooled in the timeless &quot;less is more&quot; principle of design, this 960 sq ft home has undergone a thoughtful transformation over the past 5 years. Updates include glassed-in rain shower, oak vanity, &amp; marble tiling in the bathroom, expanded closet with Elfa closet systems in the second bedroom, and a studio with split AC, hardwired for internet, laminate flooring, washer/dryer hookups, inset dimmable lighting, and separate entrance. Finished and climate controlled bonus space behind property could be used for production/music/art/yoga/pilates studio, home office or client meeting space, gym, screening room, storage, etc. 


Tucked between West Hollywood, Larchmont, Los Feliz, Silver Lake, Echo Park and Downtown LA in the rapidly developing neighborhood of Melrose Hill in East Hollywood, and only a short walk to some of the hottest new restaurants and cafes like Maison Matho, Cafe Telegrama, Le Coupe, and Etra.


OPEN HOUSES




Sat. 5/25 2 PM - 4 PM 


Sun. 5/26 2 PM - 4 PM 


Tues. 5/28 11 AM - 1 PM 




Click here for more pictures and listing information, or to schedule a showing, contact Ben Nicolas by email or call (310) 874-1278.
 ]]> </description>
    <pubDate>Fri, 24 May 2024 15:45:00 -0700</pubDate>
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    <guid>https://www.ietrealestate.com/blog/open-house-triplex-in-prime-eagle-rock.html</guid>
    <link>https://www.ietrealestate.com/blog/open-house-triplex-in-prime-eagle-rock.html</link>
        <author>bnicolas@ietrealestate.com (Ben Nicolas)</author>
        <title>Open House: Triplex in Prime Eagle Rock </title>
    <description> <![CDATA[ 

Prime Eagle Rock Triplex


2126, 2128, 2130 CHICKASAW AVENUE - $950,000





Open Houses


TUES. FEBRUARY 13TH, 11 AM - 2 PM // SAT. FEBRUARY 17TH, 2 PM - 4 PM





 KEY DETAILS:


1Br/1Ba’s on 4,968 sqft lot 


2 of 3 units delivered vacant at close of escrow, holdover tenant pays $930/mo 


Fenced-in yard with mature fruit trees 


Steps from Colorado Blvd. shops and restaurants





For more information on this great triplex in prime Eagle Rock, 


email or call Ben Nicolas at (310) 874-1278 

 ]]> </description>
    <pubDate>Mon, 12 Feb 2024 08:47:00 -0800</pubDate>
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