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Low Interest Rates: Buyers should focus on Payment Not Price

October 9th, 2019 | by: Steve Pollack | Posted in : Marketing, Real Estate News, Local News

Now is the time to take advantage of low interest rates. Many buyers are incorrectly focusing on the price of the house, when they should be focusing on what their monthly payment will be over the life of the loan.

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Numerous SM Sold Clients Make The Hollywood Reporter's annual list of top Real Estate Deal Makers

September 25th, 2019 | by: Peter Kiefer | Posted in : Marketing, Luxury, Client News, Real Estate News, Local News

There may be a chill in the L.A. housing market, but many SM Sold clients real estate dealmakers are on The Hollywood Reporter's annual list. Just when it seemed L.A.'s luxury real estate market was cooling off — the median home price in the second quarter of 2019 was down 7 percent over the same period last year, according to Douglas Elliman — some eight- or even nine-figure deal closes, upending that narrative.

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How The Fed Rate Could Be Good For Some Luxury Market Sectors

July 26th, 2019 | by: Steve Pollack | Posted in : Luxury, Real Estate News, Economy

The U.S. Federal Reserve has moved the domestic and global markets in big ways: It has cut federal interest rates, also known as the federal funds rate, for the first time since the 2008 financial crisis, following a steady stream of rate hikes since 2015. The move would have a trickledown effect that may help “entry-level” luxury buyers and savvy real estate investors, or may encourage more foreign purchasers to look to the U.S.

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