310.204 - themls.com™...1031 exchange single family ok sampling of rates as of july 10, 2019 ....
TRANSCRIPT
PAGE A1
MER
IDIT
H BA
ER H
OME
LU
XU
RY
HO
ME
ST
AG
ING
AN
D IN
TE
RIO
R D
ES
IGN
310
.20
4.5
353
m
eridithbaer.com/mls
C
M
Y
CM
MY
CY
CMY
K
meridith-baer-home-mls-20190716.pdf 1 7/10/19 1:00 PM
THE MLS BROKER CARAVAN™A2 | TUESDAY, JULY 16, 2019
SINGLE-FAMILY HOMESMARKET STATISTICS
Comparative 2nd Quarter2019, 2018, vs 2017 (QOQ)
For The MLSTM /CLAW Areas (From Pacific Coast Highway to Downtown Los Angeles)The Source of Real Time Real Estate
$1,400,000
$1,200,000
$1,000,000
$800,000
$600,000
$400,000
$200,000
$0
$5B
$4B
$3B
$2B
$1B
$0
3,150
2,700
2,250
1,800
1,350
900
450
0
1,619
1,763
1,578
$3,421,076,745
$3,840,359,340
$3,838,999,999
$1,295,750$1,304,750
$1,148,625
Quarter 2 Quarter 2 Quarter 2
Year Year Year
20
19
20
18
20
17
20
19
20
18
20
17
20
19
20
18
20
17
Your Most Reliable and Up - To-Date Real Estate Search Portalwww.TheMLS.com | www.TheMLSBlog.com
nI formation herein deemed reliable, but not guaranteed. Questions regarding this information may be sent by email to [email protected]
TUESDAY, JULY 16, 2019 | A3THE MLS BROKER CARAVAN™
When Banks Say “No” We Say “Yes!” Why haven’t you called us?
Over $2.5 billion funded since 2012.
DAMON GERMANIDESBRE 01794261 | NMLS [email protected]
CHRIS FURIEBRE 01004991 | NMLS [email protected]
©2019 Insignia Mortgage, Inc. (1) Not all applicants will qualify. Minimum FICO, reserve, and other requirements apply. Contact your loan officer for additional program guidelines, restrictions, and eligibility requirements. Rates, points, APRs and programs are subject to change without notice. Loan values (LTV) are based on bank appraisal. Actual closing time will vary based on borrower qualifications and loan terms. Insignia Mortgage, Inc., is a real estate broker licensed by the CA Bureau of Real Estate, BRE #01969620, NMLS #1277691. (2) With an interest-only mortgage payment, you will not pay down the loan’s principal balance during the interest-only period. Once the interest-only period ends, your payment will increase to pay back the principal and interest. Rates are subject to increase over the life of the loan. Contact your Insignia Mortgage, Inc. loan officer to determine what your payments might be once the interest-only period ends.
www.insigniamortgage.com 9595 Wilshire Blvd. #205, Beverly Hills, CA 90212
310-859-0488
Low rate ForeignNational loansto $5.1 million.Rates start at
3.375%(4.250% APR).
Niche Lending,Cross-collaterilizations,loans to LLCs, interest-only jumbo loan options
to 80% LTV.
Stated Incomebusiness purpose
loans to $10million.
No Tax Returns required.
Rates start at 2.875%
(4.136% APR).
Local Lenders: Fast Turn Times
10/1 ARM 3.500% (4.193% APR)
Zero Points
1031 Exchangesingle family
OK
Sampling of rates as of July 10, 2019
PAGE A4
PETER MAC310.357.5580
[email protected] DRE#01963649
PETER MAC
SYD LEIBOVITCH, PRESIDENT OF RODEO REALTY,
AND JOHN GOULD, MANAGER OF OUR BEVERLY HILLS OFFICE,
PROUDLY WELCOME
RODEO REALTY - BEVERLY HILLS202 N. Canon DriveBeverly Hills, 90210
Alyc Maselli • Director of Business Development • 310-897-1272
TUESDAY, JULY 16, 2019 | A5THE MLS BROKER CARAVAN™
ph. 310-777-5401 • fax 310-777-5410 • [email protected] • www.cohenfinancialgroup.comFor Real Estate Professionals Use Only©2017 Cohen Financial Group, a division of CS Financial, Inc. All rights reserved. Not all applicants will qualify. For professional use only.*By dollar volume according to Origination News, “Top 200 Originators,” 2018 and Scotsman Guide, “Top Originators,” 2012, 2013, 2014, 2015, 2016, 2017 and 2018.Rates, programs, and APRs subject to change at any time without prior notice. Please contact Cohen Financial Group for more details. All LTVs represented are based on appraised value. Examples of payments assume first-trust deed. Cohen Financial Group is a division of CS Financial, Inc., a broker licensed by the CA Bureau of Real Estate, Lic.# 01257559, NMLS# 31132.
Thank all of you for your continued business and for keeping Cohen Financial Group the Top Originator Nationwide. WE DID IT AGAIN!
Ask about our Exclusive Bank Statement Jumbo Loan ProgramNO TAX RETURNS - 12 MONTHS OF BANK STATEMENTS FOR QUALIFICATION - COMMON SENSE UNDERWRITING -
ONLY 3 MONTHS RESERVES REQUIRED - AGGRESSIVELY PRICED
INDUSTRY RECOGNIZES MARK COHEN AS #1 TOP LOAN ORIGINATOR FOR THE 7TH YEAR IN A ROW!
1 MARK COHEN COHEN FINANCIAL GROUP CA $505,513,757 $505,513,757 100% 451 451 58%/42% 30
TOP MORTGAGE BROKERS
2018
we make deals close and doors open
THE MLS BROKER CARAVAN™A6 | TUESDAY, JULY 16, 2019
Congratulations and thank you to all of the candidates who put forth their names to lead our association!
PAGE A7
IN MEMORIAM
Viken Markaryan
For those of you who did not have the pleasure of knowing or working with Viken, he was a man full of life with a strong passion and commitment to his family, friends and real estate. He touched many lives with his kindness, bringing joy and laughter to everyone. He continuously went above and beyond for his clients – working on their behalf 24/7.
One of the happiest moments of his life was the day he adopted his dog, Sophia. She was not only his companion, but he considered her his best friend.
He was proud of his heritage and loved traveling to Turkey to keep in touch with his roots. These sweet memories of him will be cherished forever. May he rest in peace.
THE MLS BROKER CARAVAN™A8 | TUESDAY, JULY 16, 2019
MARKET CLIMATE MAP
TMThe Source of Real Time Real Estate
SINGLE FAMILY HOMESMedian Price 2nd Quarter 2019 vs. 2018
For The MLSTM /CLAW Areas (From Pacific Coast Highway to Downtown Los Angeles)
-3%El Sereno
10%HillsMonterey
ParkHighland
-2%
6%HeightsLincoln
-15%ParkCypress
-8%Park
Glassell
24%Los AngelesDowntown
5%Echo Park
Silver Lake-
2%Los Feliz
6%WilshireMid-
-15%WilshirePark-Hancock
6%Hollywood
-4%Hills East
Hollywood
2%N. Inglewood
9%HeightsLadera
-4%Heights
Park Hills
4%
Mid Los Angeles
2%
Mir. MileBev. Ctr.-
7 %
HollywoodW.
t i
-1%Hollywood Hills West
Sunse Str p-
-1%Westchester
Playa Del Rey -3%
-12%Playa Vista
Marina Del Rey -23%
%-2City
Culver
l -2%
Bever ywood
-1%Hills
Beverly
fft ic-16%
Pos O eBeverly Hills
-12%Venice
-15%
L.A.West
-4%Century CityWestwood-
1%Brentwood
Malibu Beach -15%
-29%Malibu
-3%Santa Monica
-16%Pacific Palisades
tMetropoli anN/A
Cheviot-5%
Topanga10%
SouthwestMetropolitan
5%South
Metropolitan
6%
Eagle Rock-5%
tHeights
Monteci o
22%
WashingtonMt.
12%
AngelesLosEast
11%-29%
BoyleHeights
S. Inglewood-9%
South westAngeles
Los
3%
geVillaAtwater
15%
Holmby HillsBel Air-
13%
Mar Vista Palms-
0%
More than 30% Decrease21-30% Decrease11-20% Decrease0.01-10% DecreaseNo Change0.01-10% IncreaseMore than 11-20% IncreaseMore than 21-30% IncreaseMore than 30% Increase
AREA Q2 - 2019 SALES VOLUME
Q2 - 2018SALES VOLUME
Q2 - 2019 # SOLD LISTINGS
Q2 - 2018 # SOLD LISTINGS % CHANGE
SINGLE-FAMILY HOMES - MEDIAN PRICE & # OF SOLD LISTINGS
DOWNTOWN L.A.MONTECITO HEIGHTSATWATER VILLAGEBEL AIR - HOLMBY HILLSMOUNT WASHINGTONEAST LOS ANGELESTOPANGAMONTEREY HILLSLADERA HEIGHTSWEST HOLLYWOOD VICINITYMETROPOLITAN SOUTHMID-WILSHIREHOLLYWOODLINCOLN HEIGHTSSILVER LAKE - ECHO PARKMETROPOLITAN SOUTHWESTMID LOS ANGELESLOS ANGELES SOUTHWESTINGLEWOOD NORTHLOS FELIZBEVERLY CENTER-MIRACLE MILEBRENTWOODPALMS - MAR VISTABEVERLY HILLSSUNSET STRIP - HOLLYWOOD HILLS WEST
$435,000.00$765,000.00
$1,085,000.00$2,457,187.00$1,076,500.00
$548,000.00$1,437,500.00$1,095,575.00$1,421,850.00$1,816,000.00
$390,000.00$1,062,500.00$1,227,500.00
$795,000.00$1,225,000.00
$500,000.00$950,000.00$490,000.00$645,000.00
$2,045,000.00$1,735,000.00$3,175,000.00$1,644,000.00$5,626,000.00$1,880,000.00
136
1052245
2629
30218
193
6833731723424964673792
$350,000.00$625,000.00$937,500.00
$2,162,500.00$953,000.00$490,000.00
$1,297,000.00$990,000.00
$1,299,500.00$1,687,500.00
$365,000.00$995,000.00
$1,152,000.00$750,000.00
$1,162,500.00$475,000.00$910,000.00$475,000.00$630,000.00
$1,999,500.00$1,700,000.00$3,122,500.00$1,646,569.00$5,685,000.00$1,907,500.00
71
1236251
3318
28336
261
58266720155447587425110
24%22%15%13%12%11%10%10%9%7%6%6%6%6%5%5%4%3%2%2%2%1%0%-1%-1%
Information contained herein deemed reliable but not guaranteed. Questions regarding this information may be sent by e-mail to [email protected].
AREA Q2 - 2019 SALES VOLUME
Q2 - 2018 SALES VOLUME
Q2 - 2019 # SOLD LISTINGS
Q2 - 2018 # SOLD LISTINGS % CHANGE
SINGLE-FAMILY HOMES - MEDIAN PRICE & # OF SOLD LISTINGS
WESTCHESTERCULVER CITYBEVERLYWOOD VICINITYHIGHLAND PARKSANTA MONICAPLAYA DEL REYEL SERENOHOLLYWOOD HILLS EASTWESTWOOD - CENTURY CITYPARKS - HILLS - HEIGHTSCHEVIOT HILLS - RANCHO PARKEAGLE ROCKGLASSELL PARKINGLEWOOD SOUTHPLAYA VISTAVENICEHANCOCK PARK-WILSHIRECYPRESS PARKWEST L.A.MALIBU BEACHBEVERLY HILLS POST OFFICEPACIFIC PALISADESMARINA DEL REYBOYLE HEIGHTSMALIBUMETROPOLITAN
$1,289,000.00$1,302,500.00$1,502,500.00
$840,000.00$3,050,000.00$1,550,000.00
$665,000.00$1,525,000.00$2,169,000.00
$755,000.00$2,371,443.00
$900,000.00$831,000.00$551,000.00
$2,387,500.00$2,105,000.00$1,680,000.00
$605,000.00$1,411,000.00$6,700,000.00$2,507,500.00$2,867,500.00$1,275,950.00
$437,000.00$2,400,000.00
N/A
65623048457
1831477424552056
37551
249
3644202
200
$1,310,000.00$1,330,500.00$1,535,000.00
$864,000.00$3,147,500.00$1,600,000.00
$689,500.00$1,590,000.00$2,272,500.00
$792,500.00$2,500,000.00
$950,000.00$909,500.00$610,000.00
$2,735,000.00$2,395,000.00$1,980,000.00
$718,300.00$1,666,000.00$7,975,000.00$2,999,000.00$3,451,500.00$1,678,500.00
$622,500.00$3,425,000.00
N/A
8548473160171437447220172077
53671
20153964204
380
-1%-2%-2%-2%-3%-3%-3%-4%-4%-4%-5%-5%-8%-9%-12%-12%-15%-15%-15%-15%-16%-16%-23%-29%-29%