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Hollywood, CA Real Estate News

By Jason Hastings
(Green Foreclosure Cleanup)
There's an exciting, brand new BUILDING TECHNOLOGY aimed at reducing a building's carbon footprint. Does it have applications for residential homes? We think so. The BUILDING TECHNOLOGY is called EMMA (Environmental Management Solution) and it was developed by Australia-based sustainability consultancy Knowledge Global. EMMA is an automated solution for monitoring, tracking and forecasting a building's carbon footprint. EMMA collects information about electricity use, human traffic, weather forecasts, waste and even air quality to build a daily snapshot of a building's carbon footprint. EMMA then compares that snapshot against historical data to determine an "optimal forecast" for that day's carbon footprint. If the energy efficiency of the building deviates from the optimal forecast, ...
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By Jason Hastings
(Green Foreclosure Cleanup)
Here are some easy tips for putting Money in your Pocket, Protect your future   Everywhere you look in the news and media today you see stories about global warming and our effects on the earth.  While it seems to make sense that we should all be a little kinder to Mother Earth, what exactly are some of the benefits of going green? Going Green Benefit 1: Save the Earth Pretty obvious huh?  We are not going to spend much time discussing this benefit as it’s the overall point of the going green movement (and this site for that matter), but saving the Earth is the biggest benefit of going green.  While our collective actions have done huge amounts of damage to our planet, it is those same collective actions that can save it. In turn its Money in your Pocket, Protect your future Going Green...
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By Matt Sweeney, Rich Kids Real Estate
(Rich Kids Real Estate: The Brokerage)
Lately I have had a lot of interest in the Nichols Canyon section of Hollywood. This has always been a favorite area of mine and one that I have spent a lot of time showing clients various properties. Nichols Canyon is located off of Hollywood Blvd between Laurel Canyon (the turn off is right where Crescent Heights turns into Laurel) and La Brea. For those of you who are new to the area, this is an extremely residential section of Hollywood Blvd boasting  Palm tree lined streets with large homes and well kept multi family dwellings. What makes Nichols Canyon so wonderful is that it has a very woodsy, natural vibe right in the epicenter of the West Hollywood/Hollywood area. Nichols consists of an eclectic mix of mid centrury homes tucked away off the street in the low 1 million range as ...
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By Associate Broker Falmouth MA Cape Cod Heath Coker, Heath Coker Berkshire Hathaway HS Robert Paul Prop
(https://teamcoker.robertpaul.com)
Now that Plymouth Rock Studios has their $550,000,000 to build the Hollywood East Studios in Plymouth MA, now is the time to secure your east coast privacy! Falmouth MA claims to have more waterfront than any other town in the United States. Private locations with waterfront, are desireable and will probably become moreso as interest grows in the Hollywood East complex. Right now in Falmouth, there are some wonderful properties that provide views, beach, and privacy for the discerning buyer. Cape Cod has long been known as having some of the best weather in the world for vacationers. Those of us who get to live here in Falmouth year round, know that we actually have pretty good weather all year! If you are planning to work at Hollywood East, you should get to know the Falmouth real esta...
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By Associate Broker Falmouth MA Cape Cod Heath Coker, Heath Coker Berkshire Hathaway HS Robert Paul Prop
(https://teamcoker.robertpaul.com)
Halloween is on its way! Hollywood East was hired to make a new music video for a Boston band called the Longwalls. Their video will be published to the Internet on 10/31 to support the song Zombies, after it is shown as a fundraiser. In the video below from The Series on Hollywood East's web site, one of the Hollywood East staffers calls for your videos! "Zombies are the new vampires!"
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By Associate Broker Falmouth MA Cape Cod Heath Coker, Heath Coker Berkshire Hathaway HS Robert Paul Prop
(https://teamcoker.robertpaul.com)
If you're planning to work at the Hollywood East studioson the East Coast, then you'll need comfortable real estate on Cape Cod! Here is an example of a peaceful and private spot that could become a haven while you're finishing your next movie at the Plymouth Rock Studios. Expansive views of sunsets will make you think you're on the west coast! And the New England charm of this 8500 square foot residence will remind you of fun movies like Jack Nicholson and Diane Keaton in Something's Gotta Give. This pleasant getaway is under $7 million! Work hard then relax easy! Places like this one will be on the top of the list when Hollywood East starts to crank! Get your place secured now, before everyone else finds out! Don't get left out of the East Coast Trend! You can tell other people, but g...
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
The Hollywood Bowl - A Los Angeles Cultural Landmark As far back as 1922 The Hollywood Bowl (noted as the largest natural outdoor amphitheater in the United States with an audience capacity of 18,000) has hosted many of the world's greatest musicians and is the perfect venue for an evening of music under the stars.  Located at 2301 Highland Avenue in Hollywood (where Highland meets the Hollywood Freeway), the Hollywood Bowl is an ideal setting for fireworks and pyrotechnics displays. The 2009 Season has featured outstanding classical and jazz performances by the Los Angeles Philharmonic and big-name artists including Herbie Hancock,Diana Krall, Andrea Bocelli, Natalie Cole and Liza Minnelli. There's also the annual Sound of Music sing-a-long which is an immensely entertaining evening, w...
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By Associate Broker Falmouth MA Cape Cod Heath Coker, Heath Coker Berkshire Hathaway HS Robert Paul Prop
(https://teamcoker.robertpaul.com)
If you are planning to have a place on Cape Cod while you're working at the Hollywood East studios, you should buy now.  The privacy factor is not as easy to achieve on Cape Cod as you might think. Still, there are some interesting buys right now that could provide you and your family privacy from the summer crowds. The Cape has long been a place for vacationers. As such, many of the properties have been built close together on smaller lots. As more quiet interest in the Cape develops from people who have to work a little harder to find privacy, properties that can provide it are going up in value. If you are looking for comfortable digs with a buffer, you should start your search now.  For example 11+ acres within 20 minutes of the new studio are on the market for $7+ million.  With on...
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 From Hollywood to Vegaswood by: Robert Swetz (Vegas Bob)  Since elementary school I have studied Art, Photography, Music, Writing and have glued myself to the Silver Screen & Television.  My first visit to Hollywood was when I was a teenager and I drove down from Portland Oregon back in 1974.  I have been purchasing Real Estate Investments for over 20 years, most of them Lake properties and acreage. I find great deals, purchase them and sit on them until they become ripe for the picking!  Well some of these properties have become ripe for the picking because of the baby boomers that are starting retire.  I specialize in Real Estate Investments in Las Vegas Nevada, Custom Homes, High-rise Luxury Condos and more. Please take a look at my web site at........  www.VegasBuildingsForSale.com...
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By Annie Pinsker-Brown, Stage to Sell, Los Angeles Home Stager
(Stage to Sell - LA Home Staging)
  I recently got a call to Stage a “cute little bungalow” in Hollywood. Whenever you hear those 3 words together in LA you have to know this is going to be a tiny place. But I was completely unprepared for just how small this one was! At 500 square feet this is now officially the smallest home I’ve ever Staged! Click here to read the full post and to learn how we answered the 3 crucial questions buyers have when previewing a small space!       ************************************************************************************* Annie Pinsker-Brown | Stage to Sell Owner & Principal Designer 310-384-1084 www.stagetosell.biz "We get you to SOLD so you can get on with your life!" ************************************************ Stage to Sell is the premier West Los Angeles Home Staging Comp...
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By Matt Sweeney, Rich Kids Real Estate
(Rich Kids Real Estate: The Brokerage)
For you rich kids not familiar with the weekend movie screenings at the Hollywood Forever Cemetary by Cinespia, I'm about to fill you in on one of my favorite summer activities. Hollywood Forever is a cemetery located smack dab in the middle of Hollywood on Santa Monica Blvd and Gower. Although the neighborhood is not exactly the most pristine, once you go behind the gates of the cemetery, you will see why some of Hollywood's elite are buried here. Within the cemetery grounds is an open field like area with a big wall front and center. During the summer, every Saturday (and now to due to such popularity Sunday) they screen old movies outdoors in this open setting. The movie starts at 9:00, but everyone gets there at 7:30 (when the gates to the cemetery open) to pick nick on the lawn. Th...
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By Johnny Burke
(Keller Williams Realty)
As we all know, there is currently a 90 day moratorium on foreclosures here in California. Also worth noting, the Attorney General's office has demanded all  foreclosure rescue and loan modification consultant firms register with the AG by July 1st and post a $100,000 bond. Keep in mind, attorneys are exempt from this action. So why is it that an attorney who did personal injury cases 3 months ago is suddenly more qualified for the task than a legitimate loss mitigation company? Is this the kind of person you want working on your file? What exactly does this measure accomplish? At this time, it is estimated that there will be roughly $500 Billion in mortgage resets in the Alt A, Prime and Option ARM arenas between the last quarter of 2009 through 2012. About 58% of those mortgages are h...
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By Johnny Burke
(Keller Williams Realty)
Our office will be holding a seminar for first time home buyers on Tuesday, June 23rd from 7:00 to 8:30 PM . The things you will learn: The entire buying process from start to finish Current (historically low) mortgage rates The different loans available, Difference between short sales, foreclosures, and REO properties The $8,000 first time home buyers' tax credit which expires 11/30/09 and the new construction tax rebate.  This will be a great experience for those of you who have questions about the buying process, and best of all, it's FREE!  All I ask is that you RSVP for this event as there will be limited seating. Tuesday,  June 23 from  7:00 to 8:30pm Keller Willams Realty 5900 Wilshire Blvd., Suite 610 Los Angeles, CA 90036 (Plenty of street parking) Please RSVP Johnny Burke 323-...
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By Associate Broker Falmouth MA Cape Cod Heath Coker, Heath Coker Berkshire Hathaway HS Robert Paul Prop
(https://teamcoker.robertpaul.com)
Next stop? Hollywood East! The town of Plymouth MA (where the pilgrims are reputed to have landed and started the settlements that have become the USA) now has a new place in history! Hollywood East is a development that will impact the world almost as much as Myles Standish and Squanto! With the opportunity to build a brand new media production facility, the Plymouth Rock Studios development team has begun a new era in media history. High tech with a green building focus will produce one of the most advanced movie and tv studios in the world. 14 sound stages, 10 acres of backlot, offices, editing faciities, housing, support facilities for all aspects of media production centered in one place! And the real estate values here are attractive! One of the initial steps for the development i...
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By Johnny Burke
(Keller Williams Realty)
 According to this article from today's Wall Street Journal , only 12,000 applications  for California's tax credit for new homes will be accepted for qualified  buyers . As of June 10, 9,000 appilications have already been submitted.  Apparently builders are trying to extend the credit, but the state's financial woes make that unlikely.
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This article  from  the Dr Housing Bubble Blog needs no expanation; I thought it to be quite appropriate reading on the eve of the  90 day California foreclosure moratorium that starts tomorrow. Great- while homeowners in California enjoy a temporary reprieve from losing their homes for the time being, what happens in September? Will this measure help stem the massive tide of foreclosures? or will it just make the coming wave of Alt A and Prime defaults that much stronger? It would be prudent to keep these facts in mind amidst all of the "happy talk" of a market bottom. While it may be true that in some of the less expensive areas of L.A. may offer some buying opportunities, it remains to be seen that the more expensive areas on the Westside are immune to "declining market"conditions  s...
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By Johnny Burke
(Keller Williams Realty)
Interesting piece from the Business Standard on how real estate stocks appreciated much more then real estate itself during the height of the market from Jan 2007 to Jan 2008 . In light of the past/current debacle we find ourselves in, it probably couldn’t hurt to pay more attention to this particular group of stocks to gain some kind of perspective and not get caught up in the frenzy often associated with market tops. I’m surprised that real estate futures traded at the Chicago Mercantile Exchange are not more popular these days as these instruments can hedge portfolio risk, lock in home equity and otherwise offer a speculator way to take advantage of price trends in today’s real estate market. For more info on real estate futures and options, please visit the CME page for real estate ...
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By Johnny Burke
(Keller Williams Realty)
As if the last year was not tumultous enough. It’s Summer of 2009, with at least a few pundits who cover Wall Street hinting that the worst of the recession is over, stocks are off recent lows, so we have reason for optimism, right? After all, we have weathered most of the subprime debacle, at least for the time being. But what about the prime mortgages that are currently defaulting at a faster rate than the subprime loans did previously? Remember the 5-1 ARMs that were very popular just a few years ago? well, there is going to be another wave of resets/recasts which could last until 2012. You can read more here Is this Option ARM-Ageddon? more defaults, means more foreclosures, which increases an already bloated housing inventory we currently have on the Westside of Los Angeles. How mu...
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By Bartley Wilson, VR Software and 360° Solutions
(Virtual Pictures Corp. (VPiX))
My phone won't stop ringing.  You might not have this problem, but I wish you could. It's a very nice problem to have. I went home today talking to my wife in the car about how frustrated I was at not getting more projects done because I had a lot of phone calls today.  She smiled and said, "It could be a lot worse. Your phone might not be ringing at all. We're still not out of the recession you know."  Why is my phone ringing so much? Because I eat my own dog food. I coach REALTORS to run Press Releases on what they do. Run one at least 3 to 4 times a year. So, I ran a Press Release on 1888PressRelease.com that simply stated we can now offer small ticket financing. Brokers and REALTORS that need things, virtual tour cameras, built from scratch websites, Internet Marketing, SEO, custom ...
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By Matt Sweeney, Rich Kids Real Estate
(Rich Kids Real Estate: The Brokerage)
I've been following The Gatsby's development over the last year.  I always drive past it on Wilcox on the way to various places in Hollywood and I have heard much buzz surrounding the project. Wilcox, which is about five blocks east of Highland and is what I would consider the "fringes of Hollywood", is under going quite a transformation as of late. With the the now sold out Lorcan O' Herlihy architechtural lofts and a few other generic developments lining the street, Wilcox is loosing much of it's seediness and gaining a much more residential feel . It's now what I would consider "hip adjacent" (to quote a very cool developer I know). What makes The Gatsbyunique is that they do not have a common walls (even though they are town home style) and are zoned with individual lots as single f...
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