Author: David Rosenfeld & Nef Plessy

  • Questions to Ask Before Signing an LA Listing Agreement

    Questions to Ask Before Signing an LA Listing Agreement

    Before you sign a listing agreement in LA, it’s essential to know which questions to ask your potential agent. As someone who’s always prioritized putting my clients first here in Santa Monica, I believe your confidence in the process starts with understanding what drives a successful sale. Take a closer look at your agent’s recent local transactions, their approach to pricing your home, and the marketing strategies they’ll put in place. Ask how they’ll manage the day-to-day details and, just as importantly, how they handle negotiations. With for-sale-by-owner sales at a record low, working with an agent who listens, communicates openly, and remains accessible can make all the difference in your experience—and your results.

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  • Report: L.A. permits 8,800 homes in the first half of 2026

    Report: L.A. permits 8,800 homes in the first half of 2026

    Los Angeles saw a significant jump in new home permits—over 8,800 in the first half of 2026, which is almost three times last year’s total. Yet, much of this growth is tied to rebuilding homes lost to wildfires, rather than creating new inventory. As someone who puts clients first, I see firsthand how limited housing supply continues to impact renters and buyers alike, especially with high rents, shifting job markets, and rising office vacancies. Navigating these changes requires staying accessible and informed, so clients have the clarity they need to make the right decisions.

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  • Map Highlights Cities Ready for New Home Growth

    Map Highlights Cities Ready for New Home Growth

    As someone who’s worked with home buyers and sellers in Santa Monica for years, I always keep an eye on national housing trends that may affect our local market. Right now, new home construction across the U.S. is slowing down—permits are 19.4% below pre-pandemic levels, and we’ve seen declines for the past 44 months. High building costs, mortgage rates, and affordability challenges are making it tough for builders to keep up, contributing to a 4.7 million housing unit deficit. Staying informed on these shifts helps me better support your needs and answer questions about how broader trends might shape your real estate decisions.

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  • The Best Time to Buy a Home in 2026

    One thing I've learned working with buyers in Santa Monica is that timing can make a real difference when searching for your next home. For those thinking ahead to 2026, the week of September 27 to October 3 stands out as a key window nationally—offering a stronger selection of listings, less competition, and a bit more breathing room. During this period, active listings are expected to be up 31.9% from the start of the year, and 13.3% higher than the average week, giving buyers more options across the country. Prices are projected to come in about 3.5% below their seasonal peak, which could mean around $14,000 in savings on a median-priced home ($416,000). With competition dropping 30.1% from the year’s high and homes sitting on the market for about 64 days, buyers will likely have more time to make thoughtful decisions. As always, my priority is to keep you informed and ensure you have the information you need to navigate opportunities as they come up.

  • Could Los Angeles Housing Ease in 2027?

    I’ve seen firsthand how challenging it is for buyers in Los Angeles, especially in areas like Santa Monica, to navigate high home prices and limited affordability. With price growth starting to slow, there’s a real chance for more breathing room for those hoping to enter the market. Even though demand is steady due to limited inventory, higher borrowing costs are still keeping many households on the sidelines. If mortgage rates ease up gradually, it could open the door for more buyers to return, leading to a healthier balance between buyers and sellers. By 2027, it’s possible we’ll see a stronger market—driven less by soaring prices, and more by improved affordability, rising incomes, and better financing options. As someone who puts clients first, I’m always tuned in to these shifts and ready to help you stay informed.

  • Los Angeles Housing Market: Trends and Forecast 2026

    Los Angeles Housing Market: Trends and Forecast 2026

    As someone deeply involved in the Santa Monica real estate landscape, I keep a close eye on broader market shifts that affect our local clients. Recently, California's median home price hovered around $887,680, reflecting a modest 1.1% uptick in sales. In Los Angeles County, however, we've seen the median price dip by 2.6%, with sales slipping 0.9%. With interest rates at 6.54%, affordability is certainly top of mind for many buyers and sellers. Yet, there's a sense that the market is moving toward stabilization. Through attentive service and open communication, I strive to help clients navigate these changes with confidence.

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  • La County Property Values Surpass $2.2 Trillion

    La County Property Values Surpass $2.2 Trillion

    As someone deeply invested in the Santa Monica real estate market, I always keep an eye on the bigger picture. This year, Los Angeles County reached an incredible milestone with the 2026 Assessment Roll coming in at $2.272 trillion—an increase of 4.42%. That momentum has generated over $27 billion in property tax revenue. Notably, $12 billion came from new construction and $49 billion from property transfers, with the median home price now at $982,000. These numbers reflect ongoing growth and activity across our communities. My focus is always on keeping you informed and guiding you through these shifts with attentive, responsive service—because putting your needs first is what matters most.

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  • Cities with the fastest-growing home prices in the Los Angeles metro area

    Cities with the fastest-growing home prices in the Los Angeles metro area

    As someone deeply involved in the Santa Monica real estate scene, I’m always tracking how our local market fits into the bigger picture. Even with higher mortgage rates, LA’s home prices continue to climb. Newport Beach is seeing a remarkable 10.8% year-over-year jump, now averaging $3.72M, while Hidden Hills stands out with a 6.8% increase to $5.31M. These numbers underscore the resilience and ongoing demand we’re witnessing across the metro area—a trend I keep top of mind when advising my clients here in Santa Monica. Staying accessible and informed helps me guide you through these shifts with confidence.

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  • LA Housing Boom Defies Expectations

    From what I’m seeing on the ground in LA, home prices are on track to keep rising into 2026, though the pace should be a bit steadier than what we’ve seen in the past. Buyer demand is still strong, and with so few listings available—especially in sought-after Los Angeles neighborhoods—competition remains fierce. Luxury properties, in particular, are set to outperform the rest of the market, driving much of the sales activity and price growth as we head into 2026. That said, affordability is still a real concern for many, which is why more buyers are turning to condos, townhomes, or looking to more budget-friendly areas nearby. My focus is always on listening closely to my clients’ needs and helping them navigate these shifting trends with the right information and support.

  • Santa Monica – Most Expensive Homes of August 2026

    Every August, I keep a close eye on the standout luxury listings in Santa Monica. This year’s most expensive homes are truly remarkable, with prices ranging from $12,450,000 up to a stunning $79,995,000. Here’s a look at the 15 highest-priced properties currently on the market: $79,995,000 (Listing 26835789), $69,000,000 (Listing 26844605), $35,000,000 (Listing 26871827), $33,000,000 (Listing 26846417), $29,999,999 (Listing 26843257), $19,995,000 (Listing 25541291), $19,750,000 (Listing 25602635), $18,000,000 (Listing 26833101), $15,995,000 (Listing 26653199), $15,495,000 (Listing 26850961), $15,395,000 (Listing 26640487), $14,999,000 (Listing 26632801), $13,400,000 (Listing 25573225), $12,495,000 (Listing 26670613), and $12,450,000 (Listing 26829013). My approach is always rooted in listening and responding quickly, so if you’re curious about what makes these homes command such impressive prices—or how these numbers reflect today’s luxury market in Santa Monica—I’m always here to share insights and keep you informed.