In his latest column for MarketWatch, The Agency’s Edward Fitz explores the Los Angeles real estate market inventory, the big story at the start of 2016. With lower-than-ever inventory comes the inevitable rise in prices. All-cash offers and bidding wars are still the rule in every sought-after neighborhood and price range, especially if properties are correctly priced. Take a closer look at the Los Angeles market in The Agency’s 2015 Annual Report.
With the Oscar’s around the corner, Ed dives into the homes of past award-winners; the former home of Katharine Hepburn (who holds the record for the most Oscars ever won) and the home of the late Charlton Heston, both sold this past year.