The Rick Beck Real Estate team brings you our Beverly Hills market update for the week of May 26. The average 30-year mortgage rate has reached an average of 3.79%, up two points from the same time last week. 15-year loans have an average of 2.96%. Here is your quick look into the Beverly Hills real estate
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The Rick Beck Real Estate team brings you our Beverly Hills market update for the week of January 19. The average 30-year mortgage rate has fallen again to an average of 3.63%, the lowest rate since May 2013. 15-year loans also fell to 2.93%. Mortgage applications have spiked as borrowers look to capitalize on these historically low
The Rick Beck Real Estate team brings you our first market update of 2015 for Beverly Hills. As we finish the first full week of 2015, the average 30-year mortgage rate has fallen to a 19-month low, being offered at an average of 3.73%. 15-year loans also fell to 3.05%, a sizable decrease. Median List
Once again, we are nearing the end of the year and starting the month of giving. I call it the month of giving because, to me, that’s truly what we celebrate in December. Sometimes we give a little and sometimes we give a lot. We give our time and our love to others. It can
The Rick Beck Real Estate team brings you our market update for Beverly Hills. As November comes to an end, the average 30-year mortgage rate has increased slightly, being offered at an average of 3.99%. 15-year loans followed as well, increasing to 3.17%. Median List Price: $3,922,500 Average Age of Listing: 51 years Average Days
October has arrived with the official start of the fall season. The LA real estate market is alive and well with momentum carrying us into another year of growth and high property valuations. I do not see an end in sight and property owners are happy. The buying end is slightly more challenging. The FED
There’s been a good amount of big names involved in California real estate transactions in the last couple of weeks. From basketball superstars to A-Listers, the Los Angeles area celebrity real estate market is never boring. The Rick Beck Real Estate Team presents some of the biggest celebrity real estate news. Blake Griffin- The L.A.
February Real Estate Heat Wave Let February, and most of the winter, be a perfect example of why the LA real estate market is thriving. The only down side is we are in a drought! While February was a series of winter storms for the rest of the country, LA averaged highs of 70 degrees.
The First Week Of March Update The Beverly Hills real estate market has started to flatten. Prices have begun to stay consistent. There’s still high demand, and with the tightening inventory, prices are staying at record high levels. • Median List Price: $3,795,000 (Same As 3 weeks Ago) • Average Age of Listing: 48 years
Beverly Hills Real Estate Market Update: February enters its last week The Beverly Hills real estate market continues to heat up. Over the past month we’ve seen increased prices as sales demand also continues to rise. Since our last update, inventory has risen slightly. • Median List Price: $3,795,000 • Average Age of Listing: 50