Mark Fleming, chief economist at Core Logic, reports that “the time is right in 2012 for prices to begin growing again.” In an article published in CoreLogic’s MarketPulse newsletter, Fleming points out that the U.S. economy has shown an “encouraging level of stability” and was able to stave off stagnation last year despite a number of negative forces, including … Read more

The L.A. Times today took note of The Agency and other independent real estate agencies who are opening offices now despite the overall downturn in the housing market and decreasing number of agents nationwide. “The high-end market is less sensitive to a downturn in the economy,” industry expert Stefan Swanepoel told the L.A. Times. In … Read more

The Agency’s Billy Rose shared his thoughts recently on the current state of the U.S. luxury real estate market with entertainment-trade magazine Variety. In the article article, titled “No Boom, No Bust,” Rose specifically addresses home sales in Los Angeles, and in particular, Beverly Hills, noting that the demand for luxury homes remains high in … Read more

As glamorous it may seem to be a realtor, armed with keys and alarm codes to some of the swankiest pads in LA, it’s a job which can test even the most optimistic. Driving relentlessly across town and back through LA’s infamous traffic.… Read more