JulHomes

08/17/2023

The Mansion Tax Effect: Luxury Home Sales Stall in Los Angeles

Julie Elizabeth Haynes is a real estate agent with Keller Williams Central. Check out Julie Elizabeth Haynes's listings or office listings.

08/07/2023

LA Multifamily Sales Drop in Q2

Julie Elizabeth Haynes is a real estate agent with Keller Williams Central. Check out Julie Elizabeth Haynes's listings or office listings.

08/03/2023

A New ADU Plan for Los Angeles Property Owners

Julie Elizabeth Haynes is a real estate agent with Keller Williams Central. Check out Julie Elizabeth Haynes's listings or office listings.

07/30/2023

Housing Bill to Allow Multifamily Development on Commercially-Zoned Sites Now in Effect
Contact me to discuss the latest scoop in real estate!

The Middle Class Housing Act of 2022 (SB 6, Caballero) went into effect on July 1, 2023. It allows developers to build qualifying multifamily projects without rezoning on sites currently zoned for commercial retail or parking use, as long as they comply with all local zoning code requirements. The p...

07/22/2023

Here's What Happens When the Home You're Buying Has a Low Appraisal
Contact me to discuss the latest scoop in real estate!

When buying a home, one of the hiccups you might encounter is a low appraisal. This could cause the lender to pull the mortgage offer. To avoid this, you can negotiate with the seller and make up the difference with a larger down payment, or try to get a second appraisal. However, this is not a guar...

07/13/2023

LA Considers Cooling Mandate for Rental Units

Julie Elizabeth Haynes is a real estate agent with Keller Williams Central. Check out Julie Elizabeth Haynes's listings or office listings.

07/04/2023

What you should know about Airbnbs and short-term rentals
Contact me to discuss the latest scoop in real estate!

Brian Chesky and Joe Gebbia founded Airbnb in 2007, and it has since grown to become a major player in the hospitality industry, worth more than Hilton and Wyndham combined. However, due to its rapid growth, various municipalities have imposed restrictions on short-term rentals in areas with a large...

06/26/2023

California Housing Market Highlighted by Growing Interest Rates
Contact me to discuss the latest scoop in real estate!

Rising interest rates have made it more difficult for potential home buyers to qualify for larger mortgages and take advantage of the current low rates, resulting in disruption in the California housing market. Home prices in Silicon Valley have become increasingly unaffordable, pushing potential bu...

06/25/2023

Los Angeles to study feasibility of putting A/C in all rentals
Contact me to discuss the latest scoop in real estate!

In response to record-breaking heat waves, the Los Angeles City Council has approved a study to explore the feasibility and cost of cooling all rental units in the city. The study will include a cost estimate for updating the building code and will determine which buildings lack submeters and the di...

06/17/2023

Apartment Market Fundamentals Remain Strong in Los Angeles Despite a Shifting Market
Contact me to discuss the latest scoop in real estate!

Priscilla Nee, Executive Vice President of CBRE, reported that the Los Angeles apartment market is cooling as supply meets demand. Rents are down and vacancy rates are up slightly, but new development is outpacing demand. To attract renters, landlords are offering concessions, but investment volumes...

06/12/2023

California OKs bill for affordable housing on nonprofit-owned land
Contact me to discuss the latest scoop in real estate!

The California State Senate passed a bill this week that would permit the construction of affordable housing units on land owned by faith-based institutions and nonprofit colleges, even if local zoning ordinances and laws would normally prevent construction. This bill, introduced by Sen. Scott Wiene...

05/30/2023

Mortgage rates remain volatile, tick down after climbing for two weeks
Contact me to discuss the latest scoop in real estate!