About Studio City's Studio City Hills

11206 Laurie Dr. Studio City, CA 91604 2 Bedroom, 2 Bath $909,000

Imagine having this view from your back yard. This 2 bedroom, 2 bathroom Studio City home has 180 degree views of the valley. If I lived here I don’t think I’d ever go inside. Luckily, the home is outfitted with huge picture windows so you can see the view from the living room, the kitchen and even the bedroom.

Built in 1954, an extensive renovation of this mid-century home in 2008 brought it into the twenty teens with several changes, including a new, open kitchen complete with stainless steel appliances and granite.

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Listing courtesy of Bill Lustig – John Aaroe Group.

Economists were expecting a month-over-month increase of 5.5. The National Association of Realtors reported yesterday that sales of previously owned homes rose an unexpected 7.6%. That continued a yearlong rise in housing activity and marked the highest number of sales recorded since November of last year.

It also follows economic news signaling the possibility that the United States may be on the economic mend. Government spending has helped spur factory production. A rising stock market and an improving job market have led to greater consumer optimism, which has stimulated spending. Further reports on housing and durable goods orders, due out later this week, will likely give consumers even more reason to feel confident that a recovery is at hand.

Zillow noted last week, U.S. homeowners are so confident in the value of their homes that many of them plan to put up for-sale signs in their front yards. Zillow said that 7% of homeowners they polled were "very likely" to try to sell their homes in the next twelve months if the housing market seemed to be improving. If you're ready to list your home contact: adrienne@beverlyhillsmoves.com.

Some people say we're now entering a bad real estate market. I disagree. I think we're entering a great market. A bad one is when amateur investors become real estate experts and they bid up prices. They make housing expensive for homeowners, often adding little to no value to the property. They simply muddy the waters and make a valuable investment, a home, expensive.

It's the amateurs who come late to the party -- and who eventually donate their money back to the professionals. What I'm saying is: Now is the time to turn pro. Now is not the time to be an amateur. It's the amateurs who jump in when the market is hot. It's the professional who comes in when it's cooling down. Get the message?

When the red-hot bull market of real estate was beginning to overheat, you didn't have time to make considered decisions. Sellers were receiving multiple, over-asking-price offers. In a bull market, you had to be quick, have money, and be a little foolish. Now that the market is cooling down, sellers are a little bit more humble. You have more time and can do your due diligence carefully. You can negotiate better terms and make a better deal, especially if the seller has his leg inside an alligator's jaws.

Can it be possible? Despite the housing bust and high foreclosure rates, in some areas real estate agents are complaining that they don't have enough homes to sell. In some areas, supplies are even bidding-war tight.

OK, OK.

So I'm not being wordless. I just thought this was a cool photo that my sister sent me.

It is a true representation of how to be non partisan in order to save lives!!

Republicans and Democrats please take notice and learn a little something.

Have a great day, and if it's not, then do whatever it takes to MAKE IT a great day....