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Featured image credit: mbtrama It’s not often that we get to witness experiments in architecture while they’re in motion. Yet, that’s exactly the experience case study houses offer. Arts & Architecture magazine challenged notable architects to create affordable homes to address the U.S.’s residential housing boom. With World War II finally comin...
If the end of 2022 is anything to go by, it’s certainly a happy new year for those selling houses in Los Angeles. The absorption rates for each of our neighborhoods surged deeper into a sellers market in December with the exception of one. Some of those surges were negligible. But one neighborhood made the most aggressive jump we’ve ever seen since we started tracking absorption rat...
Featured image credit: Edward Stojakovic Is now the right time for prospective buyers to purchase that luxury mansion they’ve been eyeing? Well, that depends. But if you’re in the market for Los Angeles luxury homes, you may be seeing a decent amount of them hitting the market in the coming weeks. That’s because Measure ULA, nicknamed the “mansion tax” ...
It’s been over three years since the city of Los Angeles passed laws designed to regulate out-of-control listings by short term rental companies. Yet, a recent report highlights that, in light of a disturbing lack of enforcement, hosts are still bending the rules. Or, in many cases, outright breaking them. David Wachsmuth, an urban planning professor at McGill University, re...
The city of Los Angeles continues its Covid-19 eviction protection saga this week. Yet, it will be Friday before the LA City Council’s vote reveals anything conclusive. For now, we can mull over a list of proposed regulations aimed at shielding tenants from repercussions for unpaid and underpaid rent. The proposals bring new hope for tenants still floundering in the aftermath of the globa...
Last Monday, Fox Business ran a story exploring an idea we’ve previously discussed on our blog: the use of commercial real estate to supplement a shortage of housing. This isn’t a revelation for anyone in our industry. In fact, our CEO, founder, and principal broker Harout Keuroghlian predicted the move just weeks into the global pandemic of 2020. We decided to g...
Featured image credit: Mai-Linh Doan Newly elected Los Angeles mayor Karen Bass has wasted no time in declaring a state of emergency for the city’s homeless crisis. With the city council officially approving the declaration on Tuesday, December 13, one question remains. How does the civic government get a handle on a problem with so much inertia behind it? Most signs point to an a...
Why Choose Haik Bokhchalian & Associates Is your listing stagnating on the market? Here are just a few ways I can freshen it up: We Understand Every Aspect of Real Estate Haik Bokhchalian and Associates have cultivated decades of combined experience bringing sterling service to clients just like you. Real estate is so much more than buying and selling homes and we treat the full ...
Featured image credit: Eric T. Gunther Jagged, snow ravaged peaks scrape frosty clouds; a steel gray contrast overpowering blue skies. Blankets of deceptively powdery snow, punctuated by puma prints, blanket thick, unyielding slabs of ice. Silence is broken by the cascading rustle of falling ice shards and frozen boulders gaining shudder-inducing inertia. No, we’re not in Nepal. N...
Featured image credit: Vibrato At the nexus point of the San Fernando Valley, Beverly Hills, Westwood, and Brentwood stands a supper club Los Angeles residents recognize as a community fixture and hidden gem all at once. Established by legendary jazz trumpeter Herb Alpert, the swanky space is replete with his trademark sultry smoothness. Inviting, warm lights fall upon custom glass rail...
