Kenneth Fisk Jr.

An Extraordinary Development & Investment Opportunity

2010-10-28T12:42:00.000-07:00

This prime Toluca Lake location is prefect for corporate housing or the busy professional! The flat lot, architectural schematics, geologically, all plans and pending permits in place, READY TO BUILD! Unique opportunity for 5 Townhomes; all 3 bedrooms, 2 baths PLUS LOFTS with rooftop spas., all done with style and modern design by renown architect. Close to studios, shops, and easy access to main veins for all areas in LA County from the valley to Beverly Hills and to the beach. Perfect rental opportunity while building your equity. The listed price is $1,000,000. Investors contact me for more information.

Brentwood Home

2010-10-28T12:09:00.000-07:00

This beautiful Brentwood home is located in a private and quiet neighborhood. You will enjoy the enormous flat backyard that is perfect for entertaining family and friends or relaxing near a gorgeous pool. The 5 bedrooms + 5 Bath house has recently been upgraded with elegance and practicality in mind. The master suite has a beautifully designed domed ceiling, large office, two walk-in closets and a large marble bathroom. On the 2nd floor, there are two bedroom suites and a large den. The living room has a fireplace and wet bar that opens up to the backyard. The spacious kitchen was upgraded with high-end cabinetry, appliances, large Island & spacious breakfast area. The home also offers a formal dining room, hardwood floors, French doors & windows. This unbelievable home is listed for $3,099,000. Buyer's contact me for showings!

Invest in Commercial Real Estate

2010-10-25T13:11:00.000-07:00

My residential clients are trying to figure out were to invest their money next. I always recommend investing in commercial real estate. Right now is the best time to invest in this "primary market." Because in the Multifamily sector you can buy a B/B+ property at a great cap rate. But in a"primary market"like Beverly Hills and Los Angeles, the cap rate maybe even lower then 6%. I'm predicting the cap rates will stay compressed this year and investors will buy more deals. Over the past month or two, I've been coming across great deals in California and other states in the following property types: Multifamily,Shopping Center and Hotels. Email me your criteria today so I can find the deal you want.

Century City Real Estate

2010-10-14T16:19:00.000-07:00

The Century is the most talked about Luxury Condominium in Los Angeles. I knew this project was going to be special once it was completed. The moment I had a chance to show it. I called my dear friend & client. My client was lost for words and enjoyed everything the century had to offer. The Location, Design,Views, Floorplans, The Estate Gardens, Amenities and Services were just breathtaking. The website stated, "An elliptical masterpiece designed by world-renowned Robert A.M. Stern Architects ascends 42 stories into the skies of Century City. The Century boasts panoramic views stretching from downtown, to across the Santa Monica Mountains and the Pacific Ocean. Within this private four-acre enclave of lush gardens, calming water features with soaring mature pines, residences of unprecedented scale define the evolution of estate living. Every conceivable detail has been carefully thought through in creating true West Coast elegance. It is a lifestyle never before realized in Los Angeles. The Century is registered with the US Green Building Council with anticipated LEED Silver Certification, the benchmark for high-performance green building, which encompasses energy efficiency, sustainable building materials, water conservation and indoor environment quality." All of this is true! If your interested in viewing or purchasing a luxury condominium at the Century. Feel free to contact me. Please view the Virtual Tour below and get an idea of true luxury.

The Century|The Century Virtual Tour Below:

http://thecentury.com/home.html

Hollywood Real Estate

2010-10-10T09:07:00.000-07:00

The median sales price for homes in Hollywood for Jul 10 to Sep 10 was $485,000. This represents an increase of 4.6%, or $21,500, compared to the prior quarter and an increase of 0.1% compared to the prior year. Sales prices have depreciated 22.2% over the last 5 years in Hollywood, Los Angeles.

The median sales price of $485,000 for Hollywood is 53.00% higher than the median sales price for Los Angeles CA. Average listing price for homes in Hollywood was $585,266 for the week ending Sept 29, which represents a decline of 2.8%, or $17,024 compared to the prior week and a decline of 3.9%, or $23,518, compared to the week ending Sept 08. Average price per square foot for homes in Hollywood was $365 in the most recent quarter, which is 3.69% higher than the average price per square foot for homes in Los Angeles.

If you would like a updated micro market analysis for your neighborhood. Contact me and register to receive a Free report. Your report will be sent to you within 24 hours. The chart below reflects Price per Square Foot in the Hollywood and Los Angeles over a 5 year period. If you would like to see more statistics please email me or click on the chart.

Hollywood Recently Sold Homes

Bel Air Real Estate

2010-10-08T12:27:00.000-07:00

This is a new ERA of technology and we are pushing forward by utilizing the benefits that technology has to offer. Therefore, our clients will experience the importances of communication. If you want luxury then Bel Air is the place to live. Experience what Bel Air homes have to offer. For example, privacy, architectural integrity, amazing views, space and lighting. Our Team provides strategic marketing plans,experience,expertise and current market knowledge.We will personally guide you through a Confidential and Green Transaction.

The median sales price for homes in Bel Air, Los Angeles for Jul 10 to Sept 10 was $1,359,000 based on 28 sales. Compared to the same period one year ago, the median sales price increased 12.5%, or $151,500, and the number of sales increased 0%. Average price per square foot for Bel Air was $493, a decrease of 6.8% compared to the same period last year. The average listing price for homes for sale in Bel Air was $6,268,569 for the week ending Sept 29, which represents a decrease of 0.7%, or $47,127, compared to the prior week.

Buyers Market?

2010-10-04T12:32:00.000-07:00

Is it a buyer's market? Yes! Right now is the best time to buy residential & commercial properties. It's a down market and that translates into a buyers market in real estate. If you have a great investment strategy, make unbelievable purchasing choices and willing to take risk. You can greatly increase your ability to find great deals and build your portfolio in this market. Our economy is suffering from a credit crunch and owners are defaulting on their mortgages. The potential buyers has shrunk and individuals with great credit and liquid assets for a down payment are getting approved loans. It's the law of supply and demand; and buyers have the power in this market. Due to less competition to buy and a large amount of inventory. My philosophy is to provide clients with market knowledge and professional representation. If you would like to invest in this market, please send me your criteria.

1929 Wall Street Stock Market Crash

2010-09-29T15:19:00.000-07:00

Social Benefits of Homeownership and Stable Housing

2010-09-29T10:11:00.000-07:00

August 2010

According to the National Association of Realtors, "Research has consistently shown the importance of the housing sector on the economy and the long-term social and financial benefits to individual homeowners. The economic benefits of the housing market and homeownership are immense and well documented. The housing sector directly accounted for approximately 14 percent of total economic activity in 2009. Household real estate holdings totaled $16.5 trillion in the first quarter of 2010. After subtracting mortgage liabilities, net real estate household equity totaled $6.3 trillion.

In addition to tangible financial benefits, homeownership brings substantial social benefits for families, communities, and the country as a whole. Because of these societal benefits, policy makers have promoted homeownership through a number of channels. Homeownership has been an essential element of the American Dream for decades and continues to be so even today.

The purpose of this paper is to review existing academic literature that documents the social benefits of homeownership. Furthermore, this paper examines not only the ownership of homes, but also the impact of stable housing--as opposed to transitory housing and homelessness---on social outcomes, looking specifically at the following outcome measures:

•Educational achievement;
•Civic participation;
•Health benefits;
•Crime;
•Public assistance; and
•Property maintenance and improvement."

TAG Design Works-"Vision through Inspiration"

2010-09-29T10:07:00.000-07:00

TAG design works is a fully integrated architectural, urban planning and interior design firm.

The company philosophy is to achieve a vision through inspiration that fuses the economic and functional necessities of the client's programs with the creative aesthetics in designs. TAG believes that establishing a team with collaborative talents is crucial for delivering a successful project to it's client. The company's focus is to achieve high quality design while managing project's feasibility. TAG understands each individual project has its own unique characteristics and requires specific solutions. As a well established team, TAG is able to provide comprehensive analysis and innovative solutions to individual project and client.

TAG orchestrates innovative design solutions for each project.

Our services included are Urban Planning, Architectural Design, Sustainable Design, Feasibility Study, Site Analysis, Project Management, Construction Management, Space Planning and Interior Design. Kenneth Fisk Jr. services to the company includes Business Development, Real Estate, Escrow and Lending Consultant. TAG's design professionals are constantly energetic and passionate on providing pioneering yet feasible design client's program, culture, project environment and building performance. TAG's professional principle is offering exceptional services to every project. TAG's design professionals are dedicated to assist clients throughout every stage in the project delivering process. For our services please contact Kenneth Fisk Jr.

Investing In REIT's

2010-09-27T10:35:00.000-07:00

What Does Real Estate Investment Trust - REIT Mean?

A security that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages.

REITs receive special tax considerations and typically offer investors high yields, as well as a highly liquid method of investing in real estate.

Equity REITs: Equity REITs invest in and own properties (thus responsible for the equity or value of their real estate assets). Their revenues come principally from their properties' rents.

Mortgage REITs: Mortgage REITs deal in investment and ownership of property mortgages. These REITs loan money for mortgages to owners of real estate, or purchase existing mortgages or mortgage-backed securities. Their revenues are generated primarily by the interest that they earn on the mortgage loans.

Hybrid REITs: Hybrid REITs combine the investment strategies of equity REITs and mortgage REITs by investing in both properties and mortgages. Individuals can invest in REITs either by purchasing their shares directly on an open exchange or by investing in a mutual fund that specializes in public real estate. An additional benefit to investing in REITs is the fact that many are accompanied by dividend reinvestment plans (DRIPs).

Among other things, REITs invest in shopping malls, office buildings, apartments, warehouses and hotels. Some REITs will invest specifically in one area of real estate - shopping malls, for example - or in one specific region, state or country. Investing in REITs is a liquid, dividend-paying means of participating in the real estate market.A Real Estate Investment Trust or REIT is a tax designation for a corporation investing in real estate that reduces or eliminates corporate income taxes. In return, REITs are required to distribute 90% of their income, which may be taxable, into the hands of the investors.

Michael Torres of Adelante Capital discusses his view on thee markets and offers stock picks.

http://video.foxbusiness.com/v/4350913/investing-in-reits/?playlist_id=87185

Beverly Hills Dream Home For Sale

2010-09-22T10:30:00.000-07:00


Beverly Hills Dream Home For A Perfect Buyer!

On a quiet and tree line street! You will enjoy sweeping views of the city lights & endless sky. This 3 Bedroom, 2.5 Bath, 2,025-plus-square-foot house sits on a 6,500 flat lot. And just minutes away Beverly Hills High School. Character traditional defines the exterior, embraced by a warm and spacious home. The Spacious kitchen encompasses eat-in dining area will provide immensely comfortable. With the right touches and owner, this estate can be breathtaking. The asking price for this amazing property is $1,450,000. For viewing please contact me.

Former Hearst-Davies mansion for sale at $95 million

2010-09-20T16:31:00.000-07:00

Buyer's view the $95 million dollar Mansion in Beverly Hills!

In quote, "In a sign of the times, the onetime Beverly Hills home of publishing magnate William Randolph Hearst and actress Marion Davies, which was listed for sale briefly three years ago at $165 million, is back on the market at the 2010 price of $95 million. Its owner, attorney-investor Leonard M. Ross, filed for bankruptcy protection last week.

The reduced price is not surprising given the condition of the housing market. Median home prices in Southern California have declined 43% since their peak in 2007, according to MDA DataQuick, matching the price drop reflected on the new listing.

Called Beverly House, the 1920s mansion has had fairy tale moments. John and Jacqueline Kennedy honeymooned there. But it was also used to film scenes from the movie “The Godfather,” including the one in which a horse's head was found in a bed.
The longtime current owner filed for Chapter 11 on Wednesday even though his assets exceed his liabilities, court documents show. A press release announcing the sale said “unusual circumstances” and “bank maneuverings” led Ross to seek protection under federal bankruptcy laws.

The home’s fourth owner, Ross bought Beverly House more than 30 years ago. During his ownership, he refurbished the structure, expanded the living space by adding more than 20,000 square feet and reacquired adjacent property that had been sold off after Hearst’s death in 1951 at age 88.
The more than 50,000-square-foot mansion sits on 3.7 flat acres on a hilltop above the Beverly Hills Hotel. Built by banking executive Milton Getz, the H-shaped Mediterranean was designed by Gordon Kaufmann and retains its original landscaping design by Paul Thiene. Getz sold the compound to Davies in 1946 for $120,000.

The terra-cotta stucco structure blends Spanish and Italian styles. The interiors feature intricately carved ceilings, paneled walls, French doors, balconies and floor-to-ceiling windows. Cascading waterfalls lead to a swimming pool and Venetian columns beyond the pool house.
The main level has a 50-foot entry hall with a loggia, a living room with 22-foot-high arched ceilings and a library with hand-carved woodwork and a staircase leading to a second-story wrap-around balcony and bookshelves. The billiard room retains its herringbone parquet floors and carved stone fireplace mantle removed from Hearst's San Simeon mansion. An outdoor terrace can seat up to 400 diners.

Other features include an art-deco night club, a wine cellar, a gym and two projection rooms.
Jeffrey Hyland of Hilton & Hyland, a Christie’s Great Estates affiliate in Beverly Hills, has the listing. The history of the house is detailed in his book "The Legendary Estates of Beverly Hills.""
--Lauren Beale-LaTimes Blogger-September 20, 2010| 5:32 am

Brentwood Real Estate

2010-09-18T09:14:00.000-07:00

Brentwood is a beautiful place to live. Each Home has a well-crafted design and unbelievable views within the area. Our Team has a depth of experience, expertise, and current market knowledge that is hard to match, and our personal attention to every detail ensures the finest results for you. The Home average price per square foot for Los Angeles CA was $352, an increase of 40.8% compared to the same period last year. The median sales price for homes in Los Angeles CA for Jun 10 to Aug 10 was $320,000 based on 4,150 home sales. Compared to the same period one year ago, the median home sales price increased 11.9%, or $34,000, and the number of home sales decreased 16.9%.

There are currently 7,652 resale and new homes in Los Angeles on Trulia, including 192 open houses, as well as 12,594 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Los Angeles CA was $1,032,098 for the week ending Sep 08, which represents a decrease of 0.8%, or $8,311, compared to the prior week. Popular neighborhoods in Los Angeles include Hollywood Hills and Bel Air, with average listing prices of $2,082,125 and $6,173,414.

Remember Home is where the House is!

Have existing-home sales hit bottom?

2010-09-16T10:50:00.000-07:00

By Inman News, Thursday, September 16, 2010.

Inman News

In quote; "Two leading indicators -- applications for purchase mortgages and the number of homebuyers entering into contracts to purchase homes -- suggest sales of resale homes hit bottom in July and will rebound this fall, economists at mortgage insurer The PMI Group Inc. conclude.
In their latest monthly Housing and Mortgage Market Review, PMI Chief Economist David Berson and analyst Brett Soares make a case that existing-home sales will show "some modest gains" in August, September and even October.
After hitting a low in the first half of July, purchase mortgage applications have edged up slightly, the report noted, citing statistics gathered by the Mortgage Bankers Association.
Because of the time it takes to approve a loan and close a home sale, loan applications submitted in August might not show up in statistics on existing-home sales until October.
Another leading indicator, which counts the number of homebuyers who have entered into purchase contracts -- the National Association of Realtors' pending sales index -- was up 5.2 percent in July.
"This is consistent with the increase in the MBA's purchase applications, and the two of them together strongly suggest that sales have bottomed out, at least for now," PMI economists said.

A housing market index published by the National Association of Home Builders slid in August, but that's probably an indication that a rebound in new-home sales will lag sales of existing homes, the report said, with buyers likely to bargain hunt for distressed properties."The leading indicators of housing demand suggest that the drop in home sales is probably over and that some modest gains may be in store for the (August through October) period," the report said. "Beyond that, the underlying determinants of housing demand will have to strengthen in order for home sales to rise appreciably."

Those factors include job growth, affordability, demographics and consumer sentiment.
PMI economists think unemployment will surge during the fourth quarter to a 2010 high of 9.8 percent, before gradually falling to an average of 8.7 percent by the fourth quarter of 2011 and 8 percent in 2012.
Fears of a second recession are likely overblown, the report said, although economic growth is unlikely to accelerate until the middle of next year.

Affordability is close to record highs, which should drive housing demand. And although household formation remains below average, it's been increasing at a stronger pace, the report said.
Consumers remain concerned that large inventories of vacant or distressed homes will continue to put pressure on home prices in the future, making them less willing to make the decision to buy a home today.

With nearly one in four households with mortgages owing more than their home is worth, "a large segment of potential homebuyer demand has been eliminated in this cycle," the report noted.
But faster economic growth in the second half of 2011 "should lead to a pickup in job gains and stronger household formation," Berson and Soares predicted in their report.
Next year should bring "a stronger, but still historically modest, rise in home sales," the report concluded.
In their forecast, Berson and Soares envision sales of existing homes rebounding from a projected 4.96 million this year to 5.5 million in 2011 and 5.67 million in 2012.

New-home sales are expected to total 342,000 this year, 485,000 next year and 590,000 in 2012.
The report suggests next year will be a difficult one for lenders, as the refinancing boom sparked by low rates comes to an end. Refinancings accounted for 69 percent of the $1.99 trillion in mortgages originated in 2009 and 67 percent of what's expected to be $1.55 trillion in mortgage loans funded this year.

Refinancings will probably account for 43 percent of a projected $1.32 trillion in mortgage lending in 2011, and 35 percent of the $1.43 trillion in lending envisioned in 2012.
PMI expects that purchase loan funding will jump 47 percent in 2011 -- which bodes well for the majority of Realtors whose commissions are determined by sales prices."

Greater Wilshire / Hancock Park

2010-09-15T12:00:00.000-07:00

Hancock Park is a historic and affluent urban neighborhood in Los Angeles, California roughly bounded by Van Ness Avenue to the East, Melrose Avenue to the North, La Brea Avenue to the West, and Wilshire Boulevard to the South. This neighborhood is surrounded Entertainment, Job opportunity's and Private schools include Marlborough School, a private girls' school, and Yavneh Hebrew Academy, an Orthodox Jewish school Pre-School - 8. Home prices are dropping daily and this is a prefect time for Buyer's to investment.

The median sales price for homes in Greater Wilshire / Hancock Park, Los Angeles for Jun 10 to Aug 10 was $650,000 based on 83 sales. Compared to the same period one year ago, the median sales price increased 35.4%, or $170,000, and the number of sales decreased 36.2%. Average price per square foot for Greater Wilshire / Hancock Park was $380, a decrease of 6.2% compared to the same period last year. There are currently 198 resale and new homes in Los Angeles on Trulia, including 3 open houses, as well as 114 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.

The average listing price for homes for sale in Greater Wilshire / Hancock Park was $1,367,744 for the week ending Sep 08, which represents a decrease of 5.8%, or $84,466, compared to the prior week. If you would like to view amazing homes in the Greater Wilshire/Hancock Park area. I'll be more then happy to assist to you.

Fannie Mae and HomePath Program

2010-09-09T12:36:00.000-07:00

Fannie Mae and other mortgage companies are launching a program called HomePath. This program offers subprime-era terms for buyers: minimal down payments, no mortgage insurance and lower minimum credit scores. This is a perfect program for a first time home buyer or a small-scale investor.

The HomePath offers the following:

*Minimal down payments- 3% for buyers who plan to live in the house. 10% for investors. Also your down payment can come from documented gifts from relatives or others with no direct connection to the transaction.
*No requirement for an appraisal on the property unless you're applying for more money to renovate the house.
*No requirement for mortgage insurance coverage.
*A minimum credit score of 660.
*Maximum loan amounts(standard conventional loan limits: $729,750 in the highest cost markets, $625,500 and $417,000 in others.

This program seem pretty good. But for more information about this program please visit http://www.Homepath.com or contact your local lender.

Culver City Homes

2010-09-07T11:49:00.000-07:00

Culver City is great a location to buy your first investment. This city has a great Unified School District, Local Jobs, Entertainment, Downtown Culver City, and Parks. The median sales price for homes in Culver City CA for Jun 10 to Aug 10 was $405,000. This represents a decline of 6%, or $26,000, compared to the prior quarter and a decrease of 1.2% compared to the prior year. Sales prices have depreciated 24.9% over the last 5 years in Culver City. The average listing price for Culver City homes for sale on Trulia was $554,657 for the week ending Sep 01, which represents a decline of 3%, or $17,367, compared to the prior week and a decline of 2.6%, or $14,547, compared to the week ending Aug 11. Average price per square foot for Culver City CA was $384, a decrease of 1.5% compared to the same period last year. Popular neighborhoods in Culver City include Fox Hills, Jefferson, Park East, Sunkist Park, Park West, and McManus. Please visit www.culvercity.org to learn more about this great area. Make sure to read the Culver City Highlights on (Greening Your Household Workshop).

I'm GREEN

2010-09-01T10:02:00.000-07:00

I'm GREEN!

I'm saving the Earth by having my real estate business paperless. The program I'm using is the market leader and global standard for electronic signature. This will allow my clients and I to complete a fast online Real Estate digital solution. "It's Fast, Complete and Highly Trusted!" Clients follow me as I go into the Tech movement!

If you like to keep informed about the Environment. Please visit www.enn.com (Environmental New Network). Their mission is to provide a global perspective on environmental issues, and to promote thought, discussion, and awareness among there readers, The Time is now to HELP!

Real Estate News/Learning How to Give Back

2010-08-31T10:05:00.000-07:00

The Hollywood Hills median sales price for homes in Hollywood Hills, Los Angeles for May 10 to Jul 10 was $815,000 based on 189 sales. Compared to the same period one year ago, the median sales price decreased 3.2%, or $27,000, and the number of sales increased 43.2%. Average price per square foot for Hollywood Hills was $541, an increase of 4% compared to the same period last year. There are currently 453 resale and new homes in Los Angeles on Trulia, including 5 open houses, as well as 142 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Hollywood Hills was $2,081,696 for the week ending Aug 25, which represents an increase of 1%, or $20,070, compared to the prior week according to Trulia. But stated on CNBC today, National Home Price Rise 4.4% Year over Year. And California homes Sales up 9.2%.

You may of heard of Childrens Hospital Los Angeles but if not. It's a nonprofit, academic, pediatric medical center. They provide the highest quality healthcare for children who are the sickest and most seriously injured. They treat more than 93,000 children who need care that is so complex. it can only be provided by medical experts. Please take the time to visit there website www.chla.org and learn more about thE Hospital. You can also donate or become a volunteer but please take the time to GIVE BACK.

Will Bel-Air Set a New Record Sale

2010-08-30T09:04:00.000-07:00

An Indonesian buyer is in contract to buy an amazing Bel-Air Mansion for $50 Million dollars. If this deal closes, the Los Angeles' Bel-Air will set a new record and will be the biggest residential real estate sale of the year. This beautiful Mansion has 10-bedroom, 14-bathroom and sits on 2.2 acres. Best of all, it has a ballroom seating more than 200, a music room and a 20-car motor court. The seller and home builder name is Mohamed Hadid, who also constructed Ritz- Carlton hotels in the late 1980s. Originally this home was listed for $85 million then dropped to $72 million. Mr. Hadid stated, he spent $59 million to build this home. Today's real estate market is great to be in due to the low interest rates and buying power. In this market Cash is King! Contact me today so we can find your dream home or next investment.

Los Angeles Summary

2010-08-28T19:01:00.000-07:00

The Los Angeles Ca Homes: Average price per square foot for Los Angeles CA was $280, an increase of 12.9% compared to the same period last year. The median sales price for homes in Los Angeles CA for May 10 to Jul 10 was $317,565 based on 4,848 home sales. Compared to the same period one year ago, the median home sales price increased 11.4%, or $32,565, and the number of home sales increased 1.6%. There are currently 7,214 resale and new homes in Los Angeles on Trulia, including 182 open houses, as well as 13,083 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Los Angeles CA was $1,059,706 for the week ending Aug 25, which represents a decrease of 1.4%, or $15,374, compared to the prior week. Popular neighborhoods in Los Angeles include Hollywood Hills and Bel Air, with average listing prices of $2,081,696 and $6,177,943. Contact me today for showings in the Los Angeles area.

Voiceplate- What this Amazing Website can offer YOU for $1.99 a month

2010-08-27T11:02:00.000-07:00

I just viewed the best website of all times. It's called VOICEPLATE and for ONLY $1.99 a month/Hosting included. It allows you to Create a Website, Customize it in 10 mins, Go Mobile and most of all, SAVE YOU MONEY. Please visit http://www.voiceplate.com/?rid=fisk and sign up TODAY and view it for yourself.

Beverly Hills Summary

2010-08-27T09:13:00.000-07:00

According to Trulia, "Average price per square foot for Beverly Hills CA was $759, an increase of 18.4% compared to the same period last year. The median sales price for homes in Beverly Hills CA for May 10 to Jul 10 was $1,350,000 based on 98 home sales. Compared to the same period one year ago, the median home sales price increased 10.2%, or $125,000, and the number of home sales increased 6.5%. There are currently 467 resale and new homes in Beverly Hills on Trulia, including 20 open houses, as well as 67 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Beverly Hills CA was $4,507,807 for the week ending Aug 18, which represents an increase of 2.1%, or $94,463, compared to the prior week."

Toll Brothers CEO Douglas Yearly interview with CNBC Exclusive

2010-08-26T10:02:00.000-07:00

I was making breakfast for my son this morning. And over heard the CNBC interview with Douglas Yearly (Luxury Home builder). CNBC stated, Thanks to a tax credit, their Earnings per share came in at $0.16 cents, that's 30 cents above, according to CNBC exclusive. Toll Brothers stock (TOL) posted at 17.20 ^1.01(6.24%) during the interview. According to (source: Haver Analytics), Toll Bros home sales has dropped nearly 35%. But after doing some research, I think the company is doing just fine. During the interview the question of the day was. "What does it take to get this market moving again?" Mr. Yearly stated, "What we need is GOOD NEWS, a run of GOOD NEWS will turn housing around.The psyche of Buyers is fragile." At this time Buyer's are Kings and Queens because of the great deals. And don't forget about the 4% interest rate.....