News and Opinion — Urban Hillsides Real Estate

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Video: Sell Your ADU - L.A. Real Estate Reality

This Week’s Topic: Northeast Los Angeles Market Report - New format - 10 minutes
This week Darren and Joe share some of the latest numbers on the Northeast Los Angeles real estate market.

Last Week’s Topic: Sell Your ADU
In an attempt to boost homeownership, California has recently passed AB 1033. This law allows a citizen to buy and sell an ADU like a condominium. Darren and Joe discuss the opportunities and some of the unknowns that need to be addressed.

More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate

Note: We have all the weekly topic videos now at urbanhillsides.com/live-stream

Thursday 2 PM - like/follow us at

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You can go to Live Stream — Urban Hillsides Real Estate Team

Thursdays 2 PM PT - New format - 10 minutes

https://www.urbanhillsides.com/live-stream

- Also available after the live stream

Video: ADU Financing Breakthrough - L.A. Real Estate Reality

This Week’s Hot Topic: Sell Your ADU
In an attempt to boost homeownership, California has recently passed AB 1033. This law allows a citizen to buy and sell their ADU like a condominium. Darren and Joe discuss the opportunities and some of the unknowns that need to be addressed.

Last Week’s Topic: ADU Financing Breakthrough
FHA (Federal Housing Administration) just announced a new policy that will make it easier to buy or refinance a house with an ADU (Accessory Dwelling Unit), or build a new ADU. Darren and Joe share the news and comment on what this breakthrough policy means for affordable housing and the consumer.

More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate

Note: We have all the weekly topic videos now at urbanhillsides.com/live-stream

Thursday 2-3 PM - like/follow us at

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https://www.youtube.com/urbanhillsides

https://twitter.com/urbanhillsides

https://www.linkedin.com/in/joe-cloninger-378a964/

You can go to Live Stream — Urban Hillsides Real Estate Team

Thursdays 2-3 PM PT

https://www.urbanhillsides.com/live-stream

- Also available after the live stream

Video: 5% Down For Units - L.A. Real Estate Reality

This Week’s Hot Topic: ADU Financing Breakthrough
FHA (Federal Housing Administration) just announced a new policy that will make it easier to buy or refinance a house with an ADU (Accesory Dwelling Unit), or build a new ADU. Darren and Joe share the news and comment on what this breakthrough policy means for affordable housing and the consumer.

Last Week’s Topic: 5% Down For Units
Darren and Joe spread the news on Fannie Mae / Freddie Mac down payment changes for units. If you’re an owner-occupant, you can put down as low as 5%. For first-time home buyers this may open up the idea of considering units.

More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate

Note: We have all the weekly topic videos now at urbanhillsides.com/live-stream

Thursday 2-3 PM - like/follow us at

https://www.facebook.com/urbanhillsides

https://www.youtube.com/urbanhillsides

https://twitter.com/urbanhillsides

https://www.linkedin.com/in/joe-cloninger-378a964/

You can go to Live Stream — Urban Hillsides Real Estate Team

Thursdays 2-3 PM PT

https://www.urbanhillsides.com/live-stream

- Also available after the live stream

Video: Buyer and Agent Crisis? Los Angeles Real Estate Reality

This Week’s Topic: Forecast 2024
What will happen to the California real estate market in 2024? C.A.R. (California Association of Realtors) released their forecast last week with Chief Economist Jordan Levine. Some of his research may surprise you. Darren and Joe go over the highlights of this in-depth report.

Last Week’s Topic: Buyer and Agent Crisis?
Who will serve the buyer in the future? How will buyer agents be paid in the future? 2 large real estate brokerages have now settled based on 2 antitrust cases that say brokerages can no longer force homesellers to pay buyer’s agents. Darren and Joe posit on the future and what this could mean for real estate.

More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate

Note: We have all the weekly topic videos now at urbanhillsides.com/live-stream

Thursday 2-3 PM - like/follow us at

https://www.facebook.com/urbanhillsides

https://www.youtube.com/urbanhillsides

https://twitter.com/urbanhillsides

https://www.linkedin.com/in/joe-cloninger-378a964/

You can go to Live Stream — Urban Hillsides Real Estate Team

Thursdays 2-3 PM PT

https://www.urbanhillsides.com/live-stream

- Also available after the live stream

Video: NELA Market Report - Los Angeles Real Estate Reality

This Week’s Topic: Buyer and Agent Crisis?
Who will serve the buyer in the future? How will buyer agents be paid in the future? 2 large real estate brokerages have now settled based on 2 antitrust cases that say brokerages can no longer force homesellers to pay buyer’s agents. Darren and Joe posit on the future and what this could mean for real estate.

Last Week’s Topic: NELA Market Report
Darren and Joe cover the Northeast Los Angeles market in greater detail this week. Northeast Los Angeles comprises Silver Lake, Echo Park, Los Feliz, Atwater Village, Mount Washington, Montecito Heights, Highland Park, Cypress Park, Glassell Park, Lincoln Heights and Eagle Rock.

More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate

Note: We have all the weekly topic videos now at urbanhillsides.com/live-stream

Thursday 2-3 PM - like/follow us at

https://www.facebook.com/urbanhillsides

https://www.youtube.com/urbanhillsides

https://twitter.com/urbanhillsides

https://www.linkedin.com/in/joe-cloninger-378a964/

You can go to Live Stream — Urban Hillsides Real Estate Team

Thursdays 2-3 PM PT

https://www.urbanhillsides.com/live-stream

- Also available after the live stream

Video: L.A. Mansion Tax Approved - Los Angeles Real Estate Reality

This Week’s Topic: Lock or Float?
Darren and Joe discuss rate options when a buyer is in escrow. How lenders treat rate options vary, but this will be a guide for you as a buyer to do your own due diligence. As with most matters, there is a risk and there is a reward.

Last Week’s Topic: L.A. Mansion Tax Approved
L.A. City Council approved $150 million in mansion tax spending. The controversial tax places a heavy burden on mansion sales to fund rental assistance, eviction defense, tenant outreach and education, cash assistance to low-income seniors and people with disabilities, tenant protections and affordable housing production. The tax is being fought and may be overturned. Results so far? Mixed. The projected $900 million per year tax raise was reduced to $672 million and total funds raised to date are $55 million since April.

More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate

Note: We have all the weekly topic videos now at urbanhillsides.com/live-stream

Thursday 2-3 PM - like/follow us at

https://www.facebook.com/urbanhillsides

https://www.youtube.com/urbanhillsides

https://twitter.com/urbanhillsides

https://www.linkedin.com/in/joe-cloninger-378a964/

You can go to Live Stream — Urban Hillsides Real Estate Team

Thursdays 2-3 PM PT

https://www.urbanhillsides.com/live-stream

- Also available after the live stream

Video: Bad Neighbors - Los Angeles Real Estate Reality

This Week’s Topic: L.A. Mansion Tax Approved
L.A. City Council approved $150 million in mansion tax spending. The controversial tax places a heavy burden on mansion sales to fund rental assistance, eviction defense, tenant outreach and education, cash assistance to low-income seniors and people with disabilities, tenant protections and affordable housing production. The tax is being fought and may be overturned. Results so far? Mixed. The projected $900 million per year tax raise was reduced to $672 million and total funds raised to date are $55 million since April.

Last Week’s Topic: Bad Neighbors
Bad neighbors are everywhere, but we have an extreme story this week. The maze and bureaucracy of getting this bad behavior solved has been frustrating. Dialing L.A.'s 311 was only the beginning of a long road. Joe and Darren share their experience.

More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate

Note: We have all the weekly topic videos now at urbanhillsides.com/live-stream

Thursday 2-3 PM - like/follow us at

https://www.facebook.com/urbanhillsides

https://www.youtube.com/urbanhillsides

https://twitter.com/urbanhillsides

https://www.linkedin.com/in/joe-cloninger-378a964/

You can go to Live Stream — Urban Hillsides Real Estate Team

Thursdays 2-3 PM PT

https://www.urbanhillsides.com/live-stream

- Also available after the live stream