New to the neighborhood!

Your seaside shopping options just got glitzier. Pacific Palisades Village has finally opened with no shortage of luxury retail and dining options.

“Palisades Village is where shared moments between friends and family become traditions anew. Located in the heart of sunny Southern California, this bespoke walkable village is home to over 40 uniquely curated boutiques, entertainment and fresh food experiences. Come discover local, refined.”

An ideal distance for those living in the Palisades area, the shopping village provides locals with a more intimate array of options. One will not find any department stores in this boutique paradise, with the village offering  a unique line-up of high-end with designers like Jennifer Meyer and Rachel Zoe setting up shop.

 

Looking for a little zen?

Carbon38 has that covered with their fitness series every Wednesday in October from 10am-11am in The Park.

What about fun for the kids?

They have that covered too! Kids Club in The Park is hosting a weekly dose of music, entertainment, and story time beginning Sept. 25th through October 30th every Tuesday from 10am-12pm.

But don’t let your stomach growl for too long because the dining options are as diverse as you cravings. With options like mouth-watering doughnuts from James Beard Award-Winning chef Renee Erickson to equally delectable bites found at Blue Ribbon Sushi, your inner foodie will be as happy as your inner shopaholic!

Whether your a local or driving down from the L.A. area, The Palisades Village is the quintessential seaside retreat, even if only to appease your inner tourist.

PALISADES VILLAGE
15225 PALISADES VILLAGE LN
PACIFIC PALISADES, CA 90272
310.525.1380

GENERAL HOURS

DAILY
10 AM – 8 PM

In search of your perfect seaside home? Visit our Rodeo Realty Pacific Palisades office at: 839 Vía De La Paz, Pacific Palisades, CA 90272

It’s 5 O’clock somewhere: L.A.’s best Happy Hours

Whether your zooming from the office, meeting clients, or looking  to cool down on a hot “fall-ish” day–we are pleased to provide you with the best in show of L.A’s happy hours. Cue the Jimmy Buffet music, throw on your after-work shoes and read below for the top picks!

 

Otoño

5715 N Figueroa St
Los Angeles, CA 90042

Highland Park’s wonderful new Spanish restaurant has a rich history and helpful happy hour from 4 to 6 p.m. daily with $3 tapas, discounted beers, and $8 cocktails. There’s even $5 vermouth blanco which should make the experience even more like something in Valencia. Just be sure to come early to nab a seat at the bar.

 

Connie and Ted’s

8171 Santa Monica Blvd
West Hollywood, CA 90046
(323) 848-2722

There’s a new late night happy hour for West Hollywood denizens at Santa Monica Boulevard mainstay Connie & Ted’s, with $1 oysters Sunday to Thursday evening from 9 to 10 p.m. Connie & Ted’s also has an afternoon happy hour from 4 to 7 p.m., but the late night is the only time to get those dollar oysters. Afternoon happy hour features $5 beers, $6 wines, and a $7 margarita, too.

 

Gesso

801 N Fairfax Ave #101
Los Angeles, CA 90046West Hollywood

Locals have a new after-work go-to thanks to Gesso’s weekday happy hour. From 5 to 7 p.m., an eclectic set of everything from hummus plates to anchovy toast to pate banh mi is all on the menu for $10. Specialty cocktails and wine by the glass also float around the $7 mark.

 

Spartina

7505 Melrose Ave
Los Angeles, CA 90046
(323) 782-1023

This Melrose standby encourages diners to get social with its extended “Social Club,” available all day Monday and at the bar Sunday through Thursday. It’s surely a pleasant way to bring people together over $8 classic and specialty cocktails and $5 antipasti.

Sotto

9575 W Pico Blvd
Los Angeles, CA 90035
At long last, one of LA’s favorite neighborhood Italian restaurants Sotto has finally launched happy hour. Available Sunday through Thursday from 5:30 to 7 p.m. at the bar, dive into chef Steve Samson’s outstanding margherita pizza for only $10. Add a $17 pitcher of Peroni, and it’s a recipe for one of the best happy hour deals in town.

Native Santa Monica

 

620 Santa Monica Blvd Suite A
Santa Monica, CA 90401

Nyesha Arrington’s passion project Native goes around the globe with its new Community Hour. From Tuesday to Sunday from 5:30 to 7:00 p.m., try international, sub-$5 bites like bacon with gochujang glaze, deviled eggs with berbere spice and injera, and ceviche with lime. Classic cocktails are available for $8.

 

Content Curated courtesy of: Eater LA

 

 

Economic update for the week ending September 22, 2018

Dow and S&P hit record highs again this week – Another round of data pushed stocks to record highs this week. The lowest weekly unemployment claims in 50 years caused stocks to surge on Thursday. Over the past few weeks, rising corporate profits , tame inflation, a weakening dollar, near record low unemployment, rising wages, and near historic high consumer confidence readings helped investors overcome fears of higher interest rates and trade and tariff concerns. The Dow Jones Industrial Average closed the week at 26,743.50, up from 26,151.67 last week. It is up 8.2% year-to-date.  The S&P 500 closed the week at 2,929.67, up from 2,904.98 last week.  It’s up 9.6% year-to-date. The NASDAQ closed the week at 7,986.96, down from 8,010.04 last week. It’s up 15.7% year-to-date.

 

Treasury Bond Yields  higher –  The 10-year Treasury bond closed the week yielding 3.07%, up from 2.99% last week. The 30-year Treasury bond yield ended the week at 3.20%, up  slightly from 3.13% last week. We watch treasury bond yields because mortgage rates follow bond yields.

 

Mortgage rates higher this week – The September 20, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.65%, up from 4.60%  last week. The 15-year fixed was 4.11%, up  from 4.06% last week. The 5-year ARM was 3.92%, almost unchanged from 3.93% last week.

 

California employers add 44,800 new jobs in August – The California Employment Development Department reported that 44,800 new jobs were added in August. The unemployment rate held steady at a record low of 4.2%, down from 4.6% last August. Average hourly wages  grew 3.1% year-over-year, their largest year-over-year increase since last October. Los Angeles and Orange County average hourly earnings grew 5.4% from last August. 

 

California existing home sales numbers drop in August – Prices continue to rise – The California Association of Realtors reported this week that the number of existing home sales dropped in August to a seasonally adjusted annualized rate of 399,600. It was the fourth straight month of sales declines and the first time in over two years that the number of existing home sales dropped below the benchmark 400,000 level. The median price of a home in California rose to $596,410, up 6.6% from August 2017. On a regional basis, the Los Angeles County median price rose 6.4%, Orange County rose 6,3%, and Ventura County rose 3.1% from last August.  Housing inventory levels rose 17.2% from one year ago, the fifth straight month of housing supply increases. The unsold inventory index in August was a 3.3 month supply of homes listed for sale, up from 2.9 months in August 2017.

 

U.S. existing home sales  – The National Association of Realtors reported that total existing home sales totaled 5.34 million on a seasonally annualized rate, down 1.5% from August 2017. The nationwide median price grew 4.6% in August compared to one year ago marking the 78th straight month of year-over-year increases in the median price. Total housing inventory also increased. There was a 4.3 month supply of active listings in August, up from a 4.1 month supply in August 2017.

 
Have a great weekend!
Syd

‘Two Bit Circus’ Now Open in Downtown Los Angeles

Offering a spot where games and drinks mix isn’t a particularly new idea. Chains like Dave & Buster’s have been doing it for a long time, and there are even a fair amount of local bars such as the The One Up in Sherman Oaks or EightyOne in the Arts District that offer cabinet games to pair with their libations. However, Two Bit Circus, which saw its doors open to the public in Downtown earlier this month, takes things to an entirely new level.

Billing itself as a “Micro Amusement Park,” the renovated 50,000-square-foot warehouse in the Arts District has a wide range of gaming activities to check out, including VR experiences, classic arcade games, and Story Rooms, which take guests into a themed-location where they must interact with their surroundings and their team in order to solve puzzles or unfold a narrative.

Virtual reality stations are abundant, offering the chance to immerse yourself in a world where you can fight dragons, drive tanks, explore crafted sci-fi terrain, and much more. One experience, called ‘The Raft’,  has you defend a swamp against an infestation of supernatural creeps. Other offerings range from pinball to four-player air hockey to arcade staples like Street Fighter II, to more immersive experiences like Two Bit’s ‘Story Rooms’, which create what are essentially mini escape rooms that require a group to play through. There are even ‘VR Cabanas’, karaoke-style rooms that can be rented on an hourly basis and allow you and up to five friends to play a variety of Virtual Reality games together.

Food and drink wise, a circular bar dominates the center of the space while a concession window off to one side offers a moderate range of bar food (fries, corn dogs, sliders, tots, etc…) at somewhat immoderate prices ($15-ish per dish). But let’s be real, you’re coming here for the gaming.

In order to play the arcade games you can pre-load a card you swipe at the various consoles (no quarters, yay!) and the Story Rooms and VR experiences require reservations, with costs typically ranging from $15 to $35. Experiences generally run from 15 to 30 minutes, though at least one will push an hour (The Lost City).

Two Bit Circus is located at 634 Mateo St. Los Angeles, CA 90021. Operating hours are Monday to Thursday: from 4 to 11 p.m., Friday from 4 p.m. to 1 a.m., Saturday from 11 to 1 a.m., and Sunday from 11 a.m. to 11 p.m. Admission is free, and games are purchase on a per-play basis. Occasionally the park will be closed for a private event, so calling ahead is always recommended. Parking is limited, so street parking is likely.

For reservations and more information, you can visit their website.

Article courtesy of We Like LA.

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Weekend Events: Sept. 21st-23rd

It’s the most wonderful time of the year. That time where we’re unsure if awards season is starting or ending, fall is summer style and evening chills, and our work weeks have entered the post holiday full swing. With all the hustle and bustle of our weekday routine we bring you a curated list of this weekends top activities happening throughout L.A.

Discover your inner Angeleno!

Limited engagements taking place this Sept. 21st-23rd features the return of the LA Film Festival to a Smorgasborg of eats in DTLA. Read below for a breakdown of the weekend events.

Friday Sept. 21st
  • If your looking for a weekend activity that is Tinseltown approved–look no further than the LA Film Festival. The non-profit arts organization Film Independent showcases the industries top up-and-coming filmmakers from around the world at this 9 day event. Take part in coffee talks or sit back and enjoy the show. Either way, your sure to have cinematic experience and maybe even meet the next Michael Bay. Tickets can be purchased at: Tickets
  • Wanting a dose of old Hollywood? The Essentially Marilyn Exhibit is a celebration of one of films greatest icon’s taking place at the Paley Center for Media. Susan King, of the LA Times  says “It’s hard not to be dazzled by the iconic costumes and oversized Milton Greene photos of Marilyn Monroe at the “Essentially Marilyn: The Exhibit” on display at The Paley Center for Media in Beverly Hills.” Find yourself mesmerized by the glimmering portraits and pristine pieces kept from her greatest works and don’t miss out on this free exhibit in the heart of Beverly Hills.
  • Paging Dr. Grey! Pop Sugar and ABC are presenting the ultimate Grey’s Anatomy experience in celebration of the shows landmark 15th season. Step into Shondaland  and view original art, installations, and artifacts inspired by the shows most defining moments. Anatomy of an Icon: 15 Seasons of Grey’s is a special exhibit taking place this weekend only 11a-7p. RSVP here.
Saturday Sept. 22nd

  • There’s a new all-outdoor weekend food party happening in Studio City, and it includes some very well-known names. The pop up is called Valley Urban Market and it lands in the parking lot of the Sportsman’s Lodge every Saturday starting September 22. With more than a dozen food vendors like Lobsterdamus, Sunny Blue, Urban Pie, and Hearth and Olive. Even Dave Grohl of the Foo Fighters will be helping him out. Expect hours from 10 a.m. to 4 p.m. on Saturdays.
  • The Hollywood hills are alive with The Sound of Music! See the beloved Hollywood Bowl transformed when hundreds of Maria’s descend upon it for Sing-a-long Sound of Music. Watch the classic film on the enormous movie screen and, of course, sing-a-long when your favorite songs come on. Don’t miss the pre-show costume parade! This much-loved annual event is hosted by local celebrity Melissa Peterman, and promises to be on of the LA calender’s most unmissable Summer event! For more info and tickets click here.
  • From the era of Vogue to the Era of Instagram, the best fashion photographs remind us of other works of art or expand the boundaries of the genre, redefining what a fashion photograph is supposed to do, or be. The Getty Centers newest exhibit–Icons of Style: A Century of Fashion Photography surveys the rich and varied history of modern fashion photography. On view now through October 21st, don’t miss this dive into the glamour of fashion. Admission is free.
Sunday Sept. 23rd
  • Indulge your inner foodie and shopaholic at this weekly food-focused market. Smorgasburg LA— a Brooklyn export has landed in the Arts District and become a hotbed of fantastic food and retail vendors, with some that are testing out their dishes before launching a full-blown brick-and-mortar in the city. Added bonus: there is plentiful (and free, for two hours!) parking in the nearby parking garage. For more info click here.
  • Looking to head east? Literally and figuratively speaking, The Langham Pasadena presents their Mid-Autumn festival. A Night Market-style event with live music, dragon-dancing, and interactive food stations serving dim sum, mooncakes, and more. Added bonus: it starts at 5pm, so there’s plenty of time to hit it all before heading over to the Rose Bowl for Jay-Z and Beyonce.
    Admission is: $38-88. For more info click here.

Best Date Ideas For Fall In Los Angeles

Phantom Carriage Brewery
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HOLLYWOOD BOWL
Pacific Surfliner
PACIFIC SURFLINER
Halloween Horror Nights Stranger Things
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BAR FIGUEROA
hike w wolves
COURTESY OF PROJECT WILDSONG
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HUMPHRY SLOCOMBE
cozymeal
COURTESY OF COZYMEAL
pechanga
COURTESY OF PECHANGA
pan am flight experience
MIKE KELLEY
Lost Spirits Distillery
LOST SPIRITS DISTILLERY
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COURTESY OF ROOFTOP CINEMA CLUB
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ELECTRIC DUSK
Skyspace LA
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PAINT NITE
hiking los angeles
TIFFANY TSE/THRILLIST
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HIPCOOKS LOS ANGELES
Wallis Annenberg Center for the Performing Arts
WALLIS ANNENBERG CENTER FOR THE PERFORMING ARTS
Highland Park Bowl
WONHO FRANK LEE
Adults Only
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WILLIAM BRADFORD
griffith observatory
F11PHOTO/SHUTTERSTOCK.COM
magic castle
COURTESY OF HOCUS POCUS FOCUS
prawn
COURTESY OF PRAWN
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POPPY + ROSE
Brouwerij West
BROUWERIJ WEST

Restaurants To Try In Westwood

Double Take
DOUBLE TAKE
Hamasaku, sushi
COURTESY OF HAMASAKU
800 Degrees, Westwood pizza
COURTESY OF SCOTT STEWART
TLT Food, grilled cheese
COURTESY OF TLT FOOD
Fundamental LA, Westwood date spots
COURTESY OF FUNDAMENTAL LA
Bella Pita, falafel sandwich
COURTESY OF BELLA PITA, INC

The Best Travel Destinations For Singles

tasting
COGNAC, FRANCE | NICOLAS TUCAT/AFP/GETTY IMAGES
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CENTRAL COAST OF CALIFORNIA | CANADASTOCK/SHUTTERSTOCK
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OLD PORT MONTREAL | ALINA REYNBAKH/SHUTTERSTOCK
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SZECHENYI BATHS IN BUDAPEST, HUNGARY | IZABELA23/SHUTTERSTOCK
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COLORADO MONUMENT LANDSCAPE | WELCOMIA/SHUTTERSTOCK
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COPPA CLUB TOWER BRIDGE, LONDON | ZEYNEP COSKUN/SHUTTERSTOCK
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RENEW
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UNESCO WORLD HERITAGE SITE, SCOTLAND | PECOLD/SHUTTERSTOCK
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ISLAND SPA & SAUNA
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MERCATO CENTRALE MARKET IN FLORENCE | TUPUNGATO/SHUTTERSTOCK
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AYAHUASCA PERU – ETNIKAS
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PUERTO ESCONDIDO, MEXICO | LMSPENCER/SHUTTERSTOCK
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MUSEUM OF BROKEN RELATIONSHIPS
Ogunquit Maine
OGUNQUIT, MAINE | ARTHUR VILLATOR/SHUTTERSTOCK
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GLACIER BAY NATIONAL PARK AND PRESERVE IN SOUTHEAST ALASKA | LEMB/SHUTTERSTOCK
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FIGUEROA MOUNTAIN BREWING FEST | FIGUEROA MOUNTAIN BREWING/SHUTTERSTOCK
bermuda
RUSS HAMILTON/SHUTTERSTOCK

Economic update for the week ending September 15, 2018

Stock markets end the week near record highs – Stock markets surged this week to near record levels rebounding from a 1% drop the prior week. Investors feel that the longest bull market in history will last well into 2019 based on strong fundamentals in the economy. Those include: unemployment at a 40 year low, rising wages, the strongest consumer confidence level in 18 years, lower tax rates for corporations, a higher GDP, and less regulations. The only drag is the back and forth on trade and tariffs, which investors feel are mostly threats for negotiations and higher interest rates. With the last core inflation rate at just 2.2%, investors feel that rates won’t get much higher. They do expect another increase by the Fed at the end of this month and are waiting to see if higher wages in August causes upcoming inflation rates to rise. The Dow Jones Industrial Average closed the week at 26,151.67, up from 25,916.53 last week. It is up 5.8% year-to-date.  The S&P 500 closed the week at 2,904.98, up from 2,861.78 last week. It’s up 8.7% year-to-date. The NASDAQ closed the week at 8,010.04, up from 7,992.54 last week. It’s up 16% year-to-date.

 

Treasury Bond Yields  higher –  The 10-year treasury bond closed the week yielding 2.99%, up from 2.94% last week. The 30-year treasury bond yield ended the week at 3.13%, up  slightly from 3.11% last week. We watch treasury bond yields because mortgage rates follow bond yields.

 

Mortgage rates higher this week – The September 13, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.60%, up from 4.54%  last week. The 15-year fixed was 4.06%,  up  from 3.99%  last week. The 5-year ARM was 3.93%, unchanged from 3.93% last week.

 

We should begin to see August housing sales numbers around the end of next week.

 

Have a great weekend!