Real Estate News

The Broad Museum, Downtown Los Angeles – Opens Sept. 20 2015

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According to the Los Angeles Times, The Broad museum is scheduled to open Sept. 20 2015. The grand establishment will stand across the street from the Museum of Contemporary Art, further defining the stretch of Grand Avenue between 2nd and 3rd streets in downtown L.A. as a budding strip of contemporary art. Read More >

Azzurra Residences Elevate Luxury Amenities to a Higher Level

To say it’s good to be one of the distinguished residents of the Azzurra Residences would be an understatement. Not only do they enjoy some of the largest, most impressive high-rise homes in Southern California; they are also treated to a full-service lifestyle unlike any other in Los Angeles. Italian for “SKY BLUE”, Azzurra is a 19-story icon of azure walls and translucent glass revealing an exquisite collection of 450 private condo Marina Del Rey residences ranging from an intimate one-bedroom residence to an opulent 3,571 square-foot penthouse. Floor-to-ceiling clear glass walls create the illusion of total transparency. Oversized balconies look out onto breathtaking city and marina panoramas, sweeping up to 270º in some residences. Dramatic and striking, the impeccable private interiors are highly amenitized, emphasizing a contemporary design aesthetic. Read More >

Eklipse Real Estate Welcomes New Agent Maria Rowe

Maria Rowe specializes in representing buyers and sellers in the west side Los Angeles communities. The process of buying and selling can be extremely stressful, and Maria strives to make sure each transaction goes as smoothly as possible. She takes seriously the trust her clients place in her and applies her market savvy and tenacious negotiating skills toward the attainment of their goals. Her in-depth knowledge of inventory, current market conditions and trends combined with extensive and aggressive marketing techniques allows the process of property buying and selling to happen efficiently, seamlessly and successfully. Read More >

Feeling Guilty about Borrowing?

 

Written by Phillip Braunstein

Over the past month, big banks and mortgage companies have been laying off their loan agents in large numbers. The WSJ reports that this is due to the increase in home mortgage interest rates climbing toward 4.75%. This increase has allegedly deterred new home buyers and thus decreased demand for home purchases. But is it really the case that an interest rate bump of 1% over the past 6-10 months has squeezed the demand for home purchases and subsequently forced banks to lay off thousands of mortgage brokers—2,300 mortgage jobs were terminated 3 weeks ago at Wells. Read More >

Staging a Home Could Help Achieve a Higher Selling Price

Staging a house to sell creates the very best first impression possible by emphasizing the houses attributes and minimizing its defects. The goal of staging a house is to make it appear larger, brighter, and more inviting. If professionally done in the right style and décor for the type of home, staging provides an atmosphere that appeals to many buyers who are then able to visualize living there. Home stagers are experts at showcasing the positive aspects of a home while drawing attention away from any negative aspects of a home’s interior.
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New Annenberg Arts Center Opens in Beverly Hills this Fall

Opening in the fall of 2013, the Wallis Annenberg Center for the Performing Arts will transform a Beverly Hills city block into a vibrant new cultural destination. The nonprofit center, paid for by Annenberg and other donors, started work over two years ago and was initially budgeted at $30 million, though that amount grew to something more “undisclosed.” The center, designed by Zoltan Pali, features a new 500-seat, state-of-the-art Theater, and also incorporates the city’s adjacent 1933 Italianate-style Beverly Hills Post Office, turning it into a 150-seat venue, drama school for kids, cafe, and gift shop. Courtyards, a sunken sculpture garden, event terrace, and underground parking surround the space. Together the venues will embrace the city’s history and future, creating a new cultural landmark. Located in the heart of Beverly Hills, the Wallis Annenberg Center will be a home to artists from around the world presenting and producing a breadth of theater, music, dance, opera and professional theater for young audiences. Read More >

The Changing World of Social Video and Real Estate

Social media watchers have been buzzing over the recent introduction of Instagram video. The new addition to the popular photo-sharing network allows people to record 15 seconds of video and share it through their existing Instagram account. You can also add a choice of filters built specifically for video as well as select a favorite scene to choose as the cover image when sharing video. As marketing evolves in the real estate world, Eklipse Real Estate is utilizing this effective service to reach out to colleagues and clients. You can now follow us on our new Instagram account EklipseRE. Read More >

Eklipse Real Estate Welcomes New Agent Eric Mont

Eric Jeffrey Mont is a L.A native who has facilitated deals in leasing, sales, and development in Commercial and Residential Real Estate. This broad range of expertise gives him a well-rounded perspective of the market and an understanding of similar and disparate nature of all these segments. Eric graduated with a degree in Medicine and uses his analytic tendencies to underwrite deals to best represent his client’s needs.

If you are interested in leasing, selling, or buying real estate in the Los Angeles area please contact Eric.

Eric@EklipseRealEstate.com

 

 

Dwell On Design: West Side Home Tour 2013

Every year the editors of Dwell magazine organize Dwell on Design, an annual modern design event showcasing new design ideas, products, and services in conjunction with world-class design speakers, exhibitions & home tours. This three-day exhibition will take place at the Los Angeles Convention Center June 21-23, 2013.

One of the event’s most intriguing elements will be the West Side Home Tour. The self-driven tour through Los Angeles’ West Side takes place on Saturday June 22, from 10am-4pm. Take as much time as you please walking through and admiring each unique home, specially selected by Dwell to reflect the rich diversity of livable, innovative modern architecture and design found throughout Los Angeles.

This year’s West Side Home Tour will feature five architecturally diverse residences, each with their own compelling elements. Read on to find out more about each property.
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Risks and Benefits of House Flipping

It’s that time in the housing recovery when everyone declares that house flipping is back! While flipping is re-emerging nationwide, it is happening most in California, where home prices have risen sharply over the past year. According to the Wall Street Journal “In California, the number of homes sold in recent months that had been flipped–or bought and resold within six months–has reached the highest levels since late 2005”. Rising home prices have fueled the return of professional investors, who are often paying cash and in many cases working with foreclosures and major fixers that scare off regular buyers. House flipping also attracts many amateur flippers, who often tend to get in over their heads. Read More >