Perry Schroeder Real Estate

Unique Parks Throughout Santa Monica. Palisades Park is my favorite. What's yours...? https://www.santamonica.com/unique-parks-throughout-santa-/

A very insightful Union Pacific residential real estate economic forecast featuring John Burns was held this afternoon at the Skirball Center. Takeaways include: (1) continued price appreciation - 6% in '18, 5% in '19, and 2% in '20; (2) 8% appreciation ytd in 2017; (3) mortgage rates gradually increasing by 80 bp through 2020; (4) 42% of homes sold ytd were sold over asking price; (5) homes that sold at a premium sold at 4% above asking price; (6) technology sector has been a boon for the local market and will continue to be due to job growth and high paying jobs; and (7) what would an economic conference be without an opportunity to network?

Real Estate - All Cash Offers: even in this hot real estate market sellers and their agents shouldn't assume all-cash buyers are superior to buyers requiring financing for two reasons: First, many offers from all-cash buyers wind up closing escrow with financing. It is common for buyers to use this trick to seduce the seller into believing the buyer's all-cash offer is stronger than a competing buyer's offer contingent upon financing. Not necessarily. Second, buyers requiring... financing in many instances are more motivated to close escrow and may be easier to work with through the escrow process. Of course when a buyer requires financing their offer should include a pre-approval letter from a legitimate lender along with proof of funds sourcing the down payment. In the case of multiple offers it is my duty to review with the seller the pros and cons of each offer, and to strategically advise the seller on the available options. https://therealdeal.com//bait-and-switch-in-hot-la-home-s/ See more

Now this is a really cool house. Excellent attention to detail.

A very insightful Union Pacific residential real estate economic forecast featuring John Burns was held this afternoon at the Skirball Center. Takeaways include: (1) continued price appreciation - 6% in '18, 5% in '19, and 2% in '20; (2) 8% appreciation ytd in 2017; (3) mortgage rates gradually increasing by 80 bp through 2020; (4) 42% of homes sold ytd were sold over asking price; (5) homes that sold at a premium sold at 4% above asking price; (6) technology sector has been a boon for the local market and will continue to be due to job growth and high paying jobs; and (7) what would an economic conference be without an opportunity to network?

Happy Thanksgiving. Santa Monica, CA - such a wonderful place to enjoy the holiday with family and friends.

With the record breaking heat, it may not feel like Fall, but it is. Seasonal things to do: https://la.curbed.com/maps/places-to-visit-things-to-do-la