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Connie De Groot's Blog

By Connie De Groot - (310) 913-1184 | Agent in Beverly Hills, CA
  • Find out what homes sold for and their original listing prices- Santa Monica, Beverly Hills and other- in April

    Posted Under: Home Buying in Beverly Hills, Home Selling in Beverly Hills, In My Neighborhood in Beverly Hills  |  April 12, 2012 4:13 PM  |  1,562 views  |  1 comment

     Hello Everyone,

    I found this article and thought I'd pass it onto all you Trulia followers and home buyers.  If you are looking to buy in Los Angeles or need any information on areas in this great city, feel free to contact me.  My website also has homes for sale from the Multiple Listing Service- the most accurate information.  Visit:  www.BuyOrSellAHomeInLosAngeles.com
    Connie
    _______________________________________________________________________________

       Homes Sold or Now Pending in Beverly Hills, 
       Santa Monica, Brentwood, and others in April

    Homes SOLD in BEVERLY HILLS 90210 in April as of Apr 11

    32 Homes NOW PENDING in 90210 as of April 11

    1070 Woodland Dr., 75 Days On The Market, SOLD At: $ 3,500,000. Originally Listed At: $ 4,500,000

    9650 Cedarbrook Dr., 90 Days On The Market, SOLD At: $ 2,470,000. Originally Listed At: $ 3,900,000

    9495 Rembert Ln., 81 Days On The Market, SOLD At: $ 2,469,000. Originally Listed At: $ 2,750,000

    9777 Tottenham Ct., 9 Days On The Market, SOLD At: $ 1,750,000. Originally Listed At: $ 1,799,000

    9713 Blantyre Dr., 260 Days On The Market, SOLD At: $ 1,475,000. Originally Listed At: $ 1,695,000

    1657 San Ysidro Dr., 12 Days On The Market, SOLD At: $ 1,275,000. Originally Listed At: $ 1,199,000

    9670 Highridge Dr., 394 Days On The Market, SOLD At: $ 1,225,000. Originally Listed At: $ 1,499,000

    9994 Reevesbury Dr., 13 Days On The Market, SOLD At: $ 922,000. Originally Listed At: $ 900,000

    3150 Benedict Cyn Dr., 85 Days On The Market, SOLD At: $ 885,000. Originally Listed At: $ 979,900

    9859 Easton Dr., 118 Days On The Market, SOLD At: $ 570,000. Originally Listed At: $ 549,000

    9853 Easton Dr., 147 Days On The Market, SOLD At: $ 522,500. Originally Listed At: $ 649,000


    Homes SOLD in SANTA MONICA 90402 in April as of Apr 11

    9 Homes NOW PENDING in 90402 as of April 11

    2202 Georgina Ave., 1 Days On The Market, SOLD At: $ 9,000,000. Originally Listed At: $ 9,000,000

    258 16th Street., 22 Days On The Market, SOLD At: $ 3,950,000. Originally Listed At: $ 3,995,000

    634 Hightree Rd., 23 Days On The Market, SOLD At: $ 3,671,170. Originally Listed At: $ 3,695,000

    427 21st Street., 15 Days On The Market, SOLD At: $ 3,625,000. Originally Listed At: $ 3,575,000

    1424 Marguerita Ave., 18 Days On The Market, SOLD At: $ 3,071,700. Originally Listed At: $ 2,999,000

    417 Euclid St., 18 Days On The Market, SOLD At: $ 1,725,000. Originally Listed At: $ 1,685,000

    251 W Channel Rd., 12 Days On The Market, SOLD At: $ 875,000. Originally Listed At: $ 899,000


    Homes SOLD in BRENTWOOD in April as of Apr 11

    22 Homes NOW PENDING in BRENTWOOD as of April 11

    127  S. Carmelina Ave., 166 Days On The Market, SOLD At: $ 4,557,000. Originally Listed At: $ 5,195,000

    237 N Tigertail Rd., 7 Days On The Market, SOLD At: $ 3,900,000. Originally Listed At: $ 3,995,000

    11986 Dorothy St., 6 Days On The Market, SOLD At: $ 1,795,000. Originally Listed At: $ 1,795,000

    2528 La Condesa Dr., 27 Days On The Market, SOLD At: $ 1,479,000. Originally Listed At: $ 1,649,000

    12412 Deerbrook Ln., 12 Days On The Market, SOLD At: $ 1,450,000. Originally Listed At: $ 1,495,000

    3380 Mandeville Cyn Dr., 19 Days On The Market, SOLD At: $ 1,170,000. Originally Listed At: $ 1,199,000

    12330 Ridge Cir., 17 Days On The Market, SOLD At: $ 1,065,000. Originally Listed At: $ 1,220,000

    11326 Burnham St., 135 Days On The Market, SOLD At: $ 700,000. Originally Listed At: $ 799,000


    Homes SOLD in RANCHO PARK/CHEVIOT HILLS in April as of Apr 11

    9 Homes NOW PENDING in RANCHO PARK/CHEVIOT HILLS as of April 11

    3226 Woodbine St., 13 Days On The Market, SOLD At: $ 1,295,000. Originally Listed At: $ 1,300,000

    3392 Manning Ct., 55 Days On The Market, SOLD At: $ 814,000. Originally Listed At: $ 839,000

  • GREAT ARTICLE - BETTER HOUSING NEWS FINALLY

    Posted Under: Home Buying in Los Angeles, Home Selling in Los Angeles, Property Q&A in Los Angeles  |  April 12, 2012 3:51 PM  |  1,605 views  |  No comments

    Hello Everyone,

    I found this article and thought I'd pass it onto all you Trulia followers and home buyers.  If you are looking to buy in Los Angeles or need any information on areas in this great city, feel free to contact me.  My website also has homes for sale from the Multiple Listing Service- the most accurate information.  Visit:  www.BuyOrSellAHomeInLosAngeles.com

    Connie

    Stable Home Prices in 2012, Modest Increases Forecasted for End of Year

    Posted By beth On April 11, 2012 @ 9:45 pm In Business Development,Business Outlook,Finance and Economy,Real Estate,Real Estate News,Real Estate Trends,Today's Top Story | Comments Disabled

    [1]The forecast for the rest of 2012 shows mild increases building up to a stronger 1.2 percent by year end, according to the Home Data Index™ (HDI) Market Report, recently released by Clear Capital®, with data through March 2012. The HDI Market Report uses a broad array of public and proprietary data sources providing the most timely and relevant analysis available. Methodology details are on page eight of this report.

    Report highlights shows that national home values dropped slightly in the rolling quarter-over-quarter analysis. Additionally, tegions posted mild quarterly gains, except the struggling Midwest, which continued its downward slide.

    “With the exception of the Midwest, positive growth in rolling quarter-over-quarter prices is an encouraging sign that markets are rebounding from the winter slow down earlier than usual,” says Dr. Alex Villacorta, Director of Research and Analytics at Clear Capital. “Even with the relatively modest declines seen over the last few months, markets have continued to show signs of bottoming out. The projections we made at the beginning of the year are playing out and we expect to see the nation gain just over 1 percent through the year’s end.

    “We are continuing to see, overall short term home value strength against the rising REO saturation.” Villacorta adds. “This is an indication of market stability, and bodes well for the continued growth we’re expecting over the rest of the year.”

    Quarter-Over-Quarter Results: Is No News Good News?

    At the national level, home prices fell a modest-0.2 percent over the quarter. The West, South and Northeast posted gains of less than 1 percent, but the Midwest lost a significant -2.4 percent. REO saturation, which traditionally pushes down prices, continued to climb in all regions.

    The nation held fast over the most recent quarter, and for the fifth time in six months, saw price changes of less than 1 percent. While the US lost -0.2 percent quarter-over-quarter, this decline is milder than last month’s decline of -0.6 percent. This positive trend may be attributed to the beginning of spring after a very mild winter, resulting in the start of an early buying season.

    In looking at the quarter-over-quarter performance through March, the typically weak Western region squeezed out a minor 0.1 percent gain in prices over the quarter, which is a healthy improvement of over last month’s losses of -0.4 percent, and shows long awaited upward momentum in the region that posted losses over the past five months. The embattled Midwest region, hit hard over the past three months, continued sliding this month losing -2.4 percent, and was the only region to post losses in the quarter or mark any quarterly price movement more than 2 percent. This result shows how the stability seen by the rest of the nation has yet to embrace the region.

    The stable Northeast held true to form and turned in a modest 0.3 percent increase in prices, which was a 0.4 percentage point improvement over the quarterly loss of -0.1 percent posted last month.

    The South turned in the strongest short term gains across the nation, with prices climbing up by 0.6 percent, due in part to impressive results in Florida, Texas, and Virginia, all of which are well represented in the best performing MSAs listed later in the report. This gain was a healthy 0.8 percentage point improvement over the loss of -0.2 percent posted last month.

    Year-over-Year Prices: Nation and Regions Catching Up to Short Term Gains

    The year-over-year analysis found the nation lost -1.4 percent over the period, which is slightly better than February’s year-over-year results of -1.9 percent, indicating a positive trend in yearly numbers.

    The yearly numbers across all regions show more significant losses than the quarter-over-quarter numbers, which indicates the nation has possibly hit the bottom of a pricing “valley,” with long term prices starting to reflecting the short term strength. This effect could be in play as all of the regions’ yearly numbers, while still weak, are better than February’s results. The consistent theme for the yearly numbers is that all regions are showing losses, with Northeast posting a small gain. This is similar to the condition seen over the past six months.

    Interesting Trends in REO Saturation

    For the second month in a row there have been increases in REO saturation for the nation and the regions, helping to confirm speculation the Attorneys General settlement has empowered the affected servicers to become more aggressive in moving their REO backlog onto the housing market.

    In March, the national REO rate went up 1.2 points since last month and 1.8 points over the past quarter to hit 27 percent, pointing to an acceleration of REO sales. The Midwest contributed the most to the increase, jumping 3.8 points over the quarter to 34.3 percent, with the other regions all seeing softer increases.

    Of particular interest this month is how these changes in REO saturation are affecting prices. In the past, there has been a consistent inverse relationship between changes in REO saturation and prices, but not this month.

    While the nation and all regions saw increases in REO saturation over the most recent quarter, changes in prices over the same period were positive for the West, Northeast, and South, describing an unexpected direct relationship. The US and Midwest’s changes in prices over the same period were downward, describing the expected inverse relationship.

    The geographies with direct relationships show a pricing resilience to REO saturation that has not been seen in previous HDI analysis. It could be powered by improvement in the jobs numbers recently, rapidly increasing investor activity in certain regions, and the general increase in consumer confidence.

    Forecast for Remainder of 2012

    The forecast models predict the nation’s prices to increase modestly over the next three months and increase to 1.2 percent growth by the end of the year. This shows the valley shape with current prices at the bottom and an upward trend from now (March) through December of 2012.

    The strongest of the regions throughout much of 2011, the Northeast, is expected to gain a modest 0.3 percent over the next three months, but pick up momentum and grow prices by 1.3 percent to wrap up the year. The South is expected to perform the strongest in the short term, growing 0.5 percent over the next three months, and end the year with 1.6 percent growth, exceeding the national forecast by 0.4 percentage points.

    The forecast shows the Western Region could be turning a corner. The three month numbers show the region gaining 0.2 percent, and pushing that to a positive 1 percent to end the year. The Midwest is expected to drop -0.6 percent over the next three months, but move into positive territory with a 0.7 percent gain by December.

  • For anyone looking to Buy in Santa Monica, Beverly Hills, Brentwood - see where prices are now!

    Posted Under: Market Conditions in Santa Monica, Home Buying in Santa Monica, Home Selling in Santa Monica  |  February 3, 2012 10:47 AM  |  1,934 views  |  No comments

    11 Homes SOLD in BEVERLY HILLS 90210 in Jan as of Jan 31

    25 Homes NOW PENDING in 90210 as of Feb 2

    618 N Beverly Dr., 58 Days On The Market, SOLD At: $ 6,399,000. Originally Listed At: $6,300,000

    518 N Linden Dr., 53 Days On The Market, SOLD At: $ 6,000,000. Originally Listed At: $6,500,000

    622 N Maple Dr., 60 Days On The Market, SOLD At: $ 4,000,000. Originally Listed At: $5,495,000

    12000 Crest Pl., 10 Days On The Market, SOLD At: $ 3,475,000. Originally Listed At: $3,475,000

    1626 Gilcrest Dr., 79 Days On The Market, SOLD At: $ 3,300,000. Originally Listed At: $3,495,000

    12056 Summit Cirl., 104 Days On The Market, SOLD At: $ 3,000,000. Originally Listed At: $3,249,000

    9124 Janice Pl., 102 Days On The Market, SOLD At: $ 2,700,000. Originally Listed At: $ 3,895,000

    9563 Lime Orchard Rd., 9 Days On The Market, SOLD At: $ 1,710,000. Originally Listed At: $1,805,000

    9011 Alto Cedro Dr., 2 Days On The Market, SOLD At: $ 1,375,000. Originally Listed At: $1,375,000

    9774 Burnley Pl., 143 Days On The Market, SOLD At: $ 1,265,000. Originally Listed At: $1,450,000

    1448 N Beverly Dr., 76 Days On The Market, SOLD At: $ 810,000. Originally Listed At: $849,000

    5 Homes SOLD in SANTA MONICA 90402 in Jan as of Jan 31

    10 Homes NOW PENDING in 90402 as of Feb 2

    2515 La Mesa Wy., 38 Days On The Market, SOLD At: $ 9,400,375. Originally Listed At: $9,995,000

    538 Marguierita Ave., 14 Days On The Market, SOLD At: $ 2,700,000. Originally Listed At: $2,595,000

    502 18th Street, 49 Days On The Market, SOLD At: $ 2,400,000. Originally Listed At: $2,450,000

    1610 San Vicente Blvd., 15 Days On The Market, SOLD At: $ 1,900,000. Originally Listed At: $1,895,000

    320 22nd Street, 87 Days On The Market, SOLD At: $ 1,758,800. Originally Listed At: $1,850,000

    9 Homes SOLD in BRENTWOOD in Jan as of Jan 31

    14 Homes NOW PENDING in Brentwood as of Feb 2

    2180 Stratford Circle, 247 Days On The Market, SOLD At: $ 8,495,000. Originally Listed At: $9,500,000

    502 18th Street, 49 Days On The Market, SOLD At: $ 2,400,000. Originally Listed At: $2,450,000

    701 S Westgate Ave., 31 Days On The Market, SOLD At: $ 2,025,000. Originally Listed At: $2,085,000

    641 S Saltair Ave., 7 Days On The Market, SOLD At: $ 2,000,000. Originally Listed At: $2,200,000

    1855 Kimberly Ln., 93 Days On The Market, SOLD At: $ 1,800,000. Originally Listed At: $2,195,000

    537 Tuallitan Rd., 7 Days On The Market, SOLD At: $ 1,619,500. Originally Listed At: $1,699,000

    232 N Kenter, 27 Days On The Market, SOLD At: $ 1,260,000. Originally Listed At: $1,199,000

    1008 Amherst Ave., 2 Days On The Market, SOLD At: $ 1,050,000. Originally Listed At: $1,050,000

    393 N Bonhill Rd., 36 Days On The Market, SOLD At: $ 835,000. Originally Listed At: $999,999

    2 Homes SOLD in CHEVIOT in Jan as of Jan 31

    2 Homes NOW PENDING in Cheviot Hills as of Feb 2

    10336 Monte Mar Dr., 14 Days On The Market, SOLD At: $ 895,000. Originally Listed At: 895,000

    2732 Dunleer Pl., 134 Days On The Market, SOLD At: $ 680,000. Originally Listed At: $ 849,000

    If you would like to know more about these homes, let me know.

  • Homes SOLD in Beverly Hills, Santa Monica, Brentwood, Cheviot Hills in December

    Posted Under: Home Buying in Los Angeles, Home Selling in Los Angeles  |  December 27, 2011 11:50 AM  |  2,312 views  |  No comments

    For more info or to see homes for sale now: 
    www.buyorsellahomeinlosangeles.com

    Homes SOLD in BEVERLY HILLS 90210 in Dec as of Dec 26

    34 Beverly Park Circle, 13 Days On The Market, SOLD At: $ 13,450,000. Originally Listed At: $14,900,000

    9451 Sunset Blvd., 16 Days On The Market, SOLD At: $ 9,350,000. Originally Listed At: $ 9,850,000

    715 N Palm Dr., 37 Days On The Market, SOLD At: $ 9,100,000. Originally Listed At: $ 12,750,000

    618 N Sierra Dr., 175Days On The Market, SOLD At: $ 5,500,000. Originally Listed At: $ 6,895,000

    475 Castle Pl., 51 Days On The Market, SOLD At: $ 4,150,000. Originally Listed At: $ 4,495,000

    612 N  Crescent Dr.,257 Days On The Market, SOLD At: $ 3,975,000. Originally Listed At: $ 4,495,000

    1681 Summitridge Dr.,111 Days On The Market, SOLD At: $ 3,725,000. Originally Listed At: $ 3,995,000

    3267 Hutton Dr., 15 Days On The Market, SOLD At: $ 3,420,000. Originally Listed At: $ 3,650,000

    9817 Hythe Ct., 52 Days On The Market, SOLD At: $ 2,850,000. Originally Listed At: $ 2,950,000

    470 Castle Pl., 327Days On The Market, SOLD At: $ 2,050,000. Originally Listed At: $ 3,125,000

    1504 Schuyler Rd., 70 Days On The Market, SOLD At: $ 1,960,000. Originally Listed At: $ 2,650,000

    1100 Summit Dr., 238 Days On The Market, SOLD At: $ 1,892,500. Originally Listed At: $ 2,495,000

    9830 Beeson Dr., 79 Days On The Market, SOLD At: $ 1,813,000. Originally Listed At: $ 1,990,000

    2172 Coldwater Cyn Dr., 109 Days On The Market, SOLD At: $ 1,500,000. Originally Listed At: $1,695,000

    Homes SOLD in SANTA MONICA 90402 in Dec as of Dec 26

    502 Palisades Ave., 7 Days On The Market, SOLD At: $ 4,050,000. Originally Listed At: $4,050,000

    247 14th Street, 49 Days On The Market, SOLD At: $ 3,695,000. Originally Listed At: $ 3,995,000

    714 14th Street, 112 Days On The Market, SOLD At: $ 2,825,000. Originally Listed At: $ 2,995,000

    464 25th Street, 2 Days On The Market, SOLD At: $ 1,985,000. Originally Listed At: $ 1,995,000

    708 20th Street, 11 Days On The Market, SOLD At: $ 1,860,000. Originally Listed At: $ 1,895,000

    434 17th Street, 9 Days On The Market, SOLD At: $ 1,725,000. Originally Listed At: $ 1,699,900

    828 Georgina Ave., 6 Days On The Market, SOLD At: $ 1,693,000. Originally Listed At: $ 1,750,000

    717 7th Street, 24 Days On The Market, SOLD At: $ 1,325,000. Originally Listed At: $ 1,349,000

    Homes SOLD in BRENTWOOD in Dec as of Dec 26

    11426 Albata Street, 115 Days On The Market, SOLD At: $ 2,050,000. Originally Listed At: $ 2,225,000

    12256 Darington Ave., 10 Days On The Market, SOLD At: $ 2,050,00. Originally Listed At: $ 2,195,000

    373 N Kenter Ave., 163 Days On The Market, SOLD At: $ 1,836,613. Originally Listed At: $ 1,895,00

    13020 Baltic Street, 48 Days On The Market, SOLD At: $ 1,617,250. Originally Listed At: $ 1,950,000

    12540 Promontory Rd., 115 Days On The Market, SOLD At: $ 1,425,000. Originally Listed At: $ 1,850,000

    3432 Mandeville Cyn Dr., 90 Days On The Market, SOLD At: $ 941,150. Originally Listed At: $ 1,029,000

    Homes SOLD in CHEVIOT HILLS in Dec as of Dec 26

    2927 Danalda Dr., 25 Days On The Market, SOLD At: $ 2,062,498. Originally Listed At: $ 2,100,000

    3215 Patricia Ave., 9 Days On The Market, SOLD At: $ 1,442,000. Originally Listed At: $ 1,569,000

    3211 Shelby Dr., 172 Days On The Market, SOLD At: $ 1,315,000. Originally Listed At: $ 1,850,000

    10314 Cresta Dr., 22 Days On The Market, SOLD At: $ 1,190,000. Originally Listed At: $ 1,279,000

    3131 Shelby Dr., 73 Days On The Market, SOLD At: $ 1,075,498. Originally Listed At: $ 1,175,000

  • Endorsement on National Fox Business Show Hosted by David Asman

    Posted Under: Home Buying in Beverly Hills, Home Selling in Beverly Hills  |  October 4, 2011 1:53 PM  |  3,068 views  |  No comments

  • New Listing in Cheviot Hills, Los Angeles

    Posted Under: Home Buying in Los Angeles, Home Selling in Los Angeles  |  July 21, 2011 9:42 AM  |  4,001 views  |  1 comment
  • Homes SOLD in BEVERLY HILLS 90210 in July as of July 20

    Posted Under: Market Conditions in Beverly Hills, Home Buying in Beverly Hills, Home Selling in Beverly Hills  |  July 21, 2011 9:36 AM  |  2,930 views  |  No comments


    TO SEE SALES IN PREVIOUS MONTH, ORIGINAL LIST PRICES, DAYS ON THE MARKET- GO TO:
    http://www.buyorsellahomeinlosangeles.com/2010/01/21/la-housing-news-2/


    1700 Lexington Rd., 238 Days On The Market, SOLD At: $ 9,262,500.  Originally Listed At $ 12,500,000

    522 Foothill Rd., 13 Days On The Market, SOLD At: $ 5,845,000.  Originally Listed At $ 6,695,000

    14115 Beresford Rd., 467 Days On The Market, SOLD At: $ 5,200,000.  Originally Listed At $ 6,250,000

    1361 Tower Grove Dr., 182 Days On The Market, SOLD At: $ 3,875,000.  Originally Listed At $ 4,995,000

    1131 Shadow Hill Way, 142 Days On The Market, SOLD At: $ 3,770,000.  Originally Listed At $ 3,995,000

    925 N Rexford Dr., 41 Days On The Market, SOLD At: $ 3,755,000.  Originally Listed At $ 4,295,000

    1549 Lindacrest Dr., 61 Days On The Market, SOLD At: $ 3,700,000.  Originally Listed At $ 3,999,000

    2918 Deep Canyon Dr., 72 Days On The Market, SOLD At: $ 3,200,000.  Originally Listed At $ 3,449,000

    9833 Deep Canyon Pl., 14 Days On The Market, SOLD At: $ 3,150,000.  Originally Listed At $ 2,795,000

    1704 Angelo Dr., 124 Days On The Market, SOLD At: $ 2,925,000.  Originally Listed At $ 3,695,000

    3154 Toppington Dr., 7 Days On The Market, SOLD At: $ 2,075,000.  Originally Listed At $ 2,095,000

    9719 Blantyre Dr., 127 Days On The Market, SOLD At: $ 1,175,000.  Originally Listed At $ 1,350,000

    2241 Betty Ln., 2 Days On The Market, SOLD At: $ 1,090,000.  Originally Listed At $ 1,190,000

    9819 Portola Dr., 13 Days On The Market, SOLD At: $ 930,000.  Originally Listed At $ 995,000

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